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Winning Bid

$33,550

58 bids

No reserve
Auction Ended
09/03/21
At Sep 3, 4:00 PM UTC
Lot #1084

Rolex Matte Dial GMT Master 16750

This auction is subject to a 10% buyer’s premium on top of final bid amount (hammer price).

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Introduction

Released in 1954, the Rolex GMT-Master resulted from a collaboration between now-extinct airline Pan Am and Rolex on a watch that would display the time across two time zones at once. Thanks to the popularisation of commercial air travel, planes were becoming more advanced and traveling longer distances. This resulted in pilots crossing time zones during flights more frequently, and thus a need for uniformity across the aviation industry was highlighted. To eliminate errors caused by time confusion, the industry adopted a standard time-zone, Greenwich Mean Time. As such, the GMT-Master's fourth hand, its 2nd hour hand, was used to constantly display Greenwich Mean Time, as its model name implies, while its regular hour hand displayed local time. While the aviation industry's standard time-zone switched to Coordinated Universal Time (UTC) in 1972, the name of the legendary GMT-Master was far too long in use for Rolex to change it. Today, the GMT-Master has become one of Rolex's most iconic models, with very few pilot's watches, if any, rivaling its level of fame, popularity, or signature design – and it certainly looks like it will stay that way.

Derived from the ref. 1675 which replaced the ref. 6542 in 1959, the Rolex GMT Master ref. 16750 was released in 1980 and continued where its predecessor left off. Featuring the crown guards and "Superlative Chronometer Officially Certified" inscription that the ref. 1675 introduced to the collection, the new ref. 16750 also introduced the cal. 3075 movement to the collection which featured the not-yet-seen quickset feature, and 100m water resistance - double the previous models, and still the collection's standard to this day. Exiting production around 1988, the ref. 16750 is one of the rarer GMT variants, with some enjoying over 20 years of production. Combined with its short 7-year production run and given that it is the very last of the acrylic crystal GMT-Master references, the ref. 16750 is a highly sought-after timepiece with an iconic heritage and some of watchmaking's modern superstar timepieces existing as its descendants.

Loupe This Scorecard

Grade

V 9.5

Status

Vetted & Approved

Included

Original Double Boxes and Booklets (No Guarantee)

Est. value range

$15,000 – $20,000

The Details

Brand

Rolex

Dimensions

39.5mm x 12.5mm

Model

GMT Master

Movement

Self-Winding Caliber 3075

Reference

16750

Bracelet

Stainless Steel

Year

1982

Condition

Near-Mint, LNOS

Material

Stainless Steel

Included

Watch, Box and Manuals

Dial Color

Black

THE DIAL

Offered with its original matte dial and hands, our example sports a beautiful and consistent creamy yellow patina across its luminescent hour markers and hands.

CASE AND BEZEL

Offered in exquisite condition, our example features thick factory chamfers throughout with sharp corners and edges. As close as you can get to buying a 40 year old new watch, this example is superlative.

TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

The watch is in 'like new' condition overall. Dial appears to be untouched, and has rich matching patina on the markers and hands. Hands have oxidized as shown, and there are minor scratches on the original acrylic crystal. Case and bracelet are mint with no signs of use, save for some scratches around the lug holes due to improper removal of the bracelet. Watch retains the full original caseback sticker from Rolex Japan. Bracelet is sized to fit a 7.5" wrist but can be adjusted. There are 13 links in total.

Our Perspective

A time capsule similar to the Sea-Dweller 1665 we sold at launch, this example is as close to new as you can get for a watch that is nearly 40 years old. Designed to be worn hard and worn often, this is a unique opportunity to acquire a truly remarkable matte dial 16750.

Eric Ku

Co-founder

Lot # 1084

Rolex Matte Dial GMT Master 16750

Sold

$33,550

Ended
09/03/21