rolex pepsi gmt history | rolex gmt master 1675 pepsi

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The Rolex GMT-Master, particularly the variants boasting the iconic "Pepsi" bezel – a two-tone red and blue ceramic or bakelite insert – holds a unique place in horological history. More than just a timekeeping instrument, the Pepsi GMT-Master represents a blend of functionality, style, and enduring appeal that has captivated collectors and enthusiasts for over seven decades. This article explores the rich history of the Rolex Pepsi GMT, highlighting key milestones and variations that have solidified its position as a legendary watch. We will delve into specific models, price points, and the allure of this coveted timepiece, referencing key periods and the influence of Sotheby's and other significant players in the luxury watch market.

The Genesis: The Rolex GMT-Master 1675 Pepsi (1950s - 1980s)

The story begins in the late 1950s, a time of burgeoning global air travel. Pan American World Airways, better known as Pan Am, approached Rolex with a need for a watch that could simultaneously display two time zones, a critical requirement for their pilots navigating the world. The result was the birth of the Rolex GMT-Master, reference 1675. While various bezel colors were available, the "Pepsi" – with its vibrant red and blue bi-directional rotating bezel – quickly became a favorite, symbolizing the spirit of global travel and adventure. The 1675 Pepsi, with its acrylic crystal, subtly aged lume, and the characteristic slightly smaller case size compared to later models, is highly sought after by collectors today. Its charming imperfections, reflecting the passage of time, contribute significantly to its desirability. The condition of the bezel itself is crucial; original bakelite bezels are particularly rare and valuable, exhibiting a unique patina over time. Finding a well-preserved 1675 Pepsi in excellent condition is a testament to the watch's durability and a significant investment. Sotheby's auctions frequently feature examples, allowing collectors to assess the market value and appreciate the nuances of different examples.

The Evolution: Refining the Icon – The GMT-Master II (1980s – Present)

The late 1980s marked a significant shift with the introduction of the GMT-Master II. Reference 16700, and later 16710, brought several improvements, including a more robust case, updated movement, and a sapphire crystal offering enhanced scratch resistance. While the Pepsi bezel remained a popular choice, its materials evolved. Early examples of the 16700 and 16710 often featured an aluminum insert, prone to fading and scratching with age, adding another layer of complexity to the collector's assessment. The condition of the aluminum bezel, its color retention, and the overall wear on the watch are critical factors in determining its value. The later 16710 models, produced until 2007, are considered by many to be the sweet spot, offering a balance of classic design and improved durability. The transition from aluminum to ceramic bezels further marked a significant upgrade, enhancing the watch's scratch resistance and longevity.

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