The year 1989. The Berlin Wall falls, the Exxon Valdez spills its oil, and a certain Swiss watchmaker releases a timepiece destined to become a legend: the Rolex GMT-Master reference 16700. This article delves into the world of the 1989 Rolex GMT-Master, exploring its history, features, value, and place within the broader context of vintage Rolex collecting. We'll also touch upon other notable Rolex models from the same year, providing a glimpse into the diverse offerings of the brand during this pivotal period.
The Rolex GMT-Master listing we'll focus on initially is particularly compelling: a 1989 Rolex GMT-Master reference 16700, priced at $13,264 and described as a "Seltenes Fullset." This German term translates to "rare full set," indicating the watch comes complete with its original box and papers – a significant factor in determining its value. The description highlights its steel construction, automatic movement, and "good" condition. This seemingly simple description opens a door to a world of detail and appreciation for a piece of horological history.
The Significance of the Reference 16700
The Rolex GMT-Master reference 16700 represents a significant chapter in the GMT-Master's evolution. Preceding the introduction of the sapphire crystal and updated movements of later models, the 16700 retains a certain charm and appeal for vintage enthusiasts. Its acrylic crystal, while more susceptible to scratches, contributes to the watch's unique patina and character. The slightly softer lines of the case and the subtle nuances in the dial and hands differentiate it from its predecessors and successors, making it a desirable piece for collectors seeking a specific aesthetic.
The automatic movement powering the 16700, typically the calibre 3085, is robust and reliable, a hallmark of Rolex engineering. While not as technologically advanced as later movements, its proven reliability and relative ease of servicing contribute to its enduring appeal. The 24-hour hand, a defining feature of the GMT-Master, allows for the tracking of a second time zone, a feature that cemented the watch's popularity among pilots and international travelers. The functionality, combined with the iconic design, makes the 16700 a truly versatile and practical timepiece, even by today's standards.
The Value Proposition of a 1989 Rolex GMT-Master
The $13,264 price tag for the listed 16700 is a significant investment, but it reflects the current market value of well-preserved vintage Rolex sports watches. Several factors contribute to this price:
* Rarity: The availability of complete sets (box and papers) significantly increases a watch's desirability and value. The "Seltenes Fullset" designation highlights this rarity.
* Condition: The description of the watch being in "good" condition is crucial. The absence of significant damage or wear is paramount in determining value. Detailed photos would be essential to confirm this assessment.
* Market Demand: Vintage Rolex sports watches, particularly GMT-Masters, are highly sought after by collectors. This high demand drives prices upward.
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