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4 March 2019, 03:03 AM | #1 |
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16700 GMT Master Coke - Worried about authenticity - Please help!
Good afternoon
I recently put down a hefty deposit on a GMT Master 1 16700 Coke for my wife for our/her 5th anniversary (her choice), original snap from my phone is below. we went into the store in Bond Street (London) and tried on a number of pieces that my wife had in mind and she went for this. can't take any more pics than the attachment below at present as the watch is still in the store as I got the balance on finance so that has to clear. we got it at a fair price which I thought was good after checking all over Chrono and elsewhere for comparison, condition was beautiful as well with 1 or 2 minor dings but I don't mind as I'm sure she'll make some of her own, so she can wear it without worrying. it was the best priced one in Europe from a bricks and mortar dealer, and a dealer that we know and is not far from our house. I was watching some vids today to get up to speed on the Coke, and I noticed some things which did confuse me as the ones posted were slightly different looking, especially the number 22. I then realised that the slightly fatter numbers were ok for this reference as it was a difference between GMT 1 and 2. I'm still not 100% though secondly, I then noticed on a forum blog post here that the GMT Master 1 ref 16700 was only produced from 1988 to 1999. Whereas the listing for this was a 1987 model So I'm now panicking that is this actually a different model (maybe a black GMT 1 with the bezel replaced?) or they got the ref wrong? I asked specifically in the store on all the models that my wife was trying out: "was anything replaced at all, any service change on the dial or hands etc?" as effectively this is an investment piece, being a Coke and paying a lot of money, more than a new GMT ceramic from the Rolex boutique. he explicitly said no, this and all the other pieces are 100% original. it has box but no papers, so I am taking the stores word on it, as they are meant to be a reputable dealer please can you comment on your thoughts? I do not want to be in any doubt. if I've bought wrong and you guys think there is anything fishy I will cancel the whole thing. many thanks |
4 March 2019, 03:14 AM | #2 |
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The watch is a 16700 but the insert is incorrect. The 16700 only came in Pepsi and Black, not Coke.
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4 March 2019, 03:25 AM | #3 | |
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thank you very much for the quick reply. this is very bad news. I saw this on bobs watches, a 16700 Coke https://www.bobswatches.com/rolex-gm...oke-16700.html nowhere does it say that it is an aftermarket or changed from X into Y (black bezel switched into Coke). is this normal practice ???!!! |
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4 March 2019, 03:41 AM | #4 |
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Inserts are easily changed to owners’ individual tastes and most wearers will have simply chosen what they liked aesthetically when replacing them, probably in ignorance of historic options or simply not caring.
I know this seller. Ask for Rony or Nino; enquire if they will be willing to change it to a Pepsi or an all-black at no cost. If all else is correct and the price is right, the insert option need not be a big deal. By the way, never use Chrono24 as a measure of reasonable prices. Most of the watches still on there are unsold for a reason. I subscribe to the view that it is often the place where over-priced or weak watches go to die. As for a watch being the cheapest at a bricks and mortar store in Europe, that is unlikely. Many don’t use Chrono24.....and may have slightly lower overheads than a prime, central London location! Haywood
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4 March 2019, 03:48 AM | #5 | |
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Its my wife's choice of watch, and she doesn't like the Pepsi and the black on black is not her cup of tea. There are literally 100 Pepsi's in bond street right now and she wasn't interested in any of them. these guys were the only store to have 2 Cokes (this pretend one, and a 2005, which was £2k more (maybe for a good reason!)). Out of everything she tried on over a period of about 6 hours, the Coke nailed it for her as she loves red, and loves the GMT. she hates blue. I'm in a bit of a sh1t position now. as I can't afford to lay down £2k more outright ontop of the deposit I've already put down. the 2005 Coke in question doesn't have papers either. if it did, I'd go for it and put it on the CC. as if I'm going to be paying £8750 for any watch I want papers. so I'm not really keen on it at that price without the full set. I feel really absolutely f**ked off at present and nowhere to turn |
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4 March 2019, 03:51 AM | #6 |
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Easy, tiger.
Speak to the sellers, who are in my experience nice people. Many of those GMTs of which you write will have Pepsi inserts because that look is the hottest thing right now, but a number of them would / could correctly have a Coke insert and the dealers would be happy to swap. Many of those watches should be factored back into your considerations. You could always cast your net wider than London. There could be worthwhile savings...
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*Comex:5513,5514,1665x2,16800x2,16600 *Mil sub:5517x2,5513x9,5512 *Submariner:6536/1x2,5508,5513 PCG u/line & double SWISS (America's Cup),5513 giltx2, 5513 m-firstx2,5513 gloss WGx2,1680 Red,1680 White Mk1 & Mk2 *Sea-Dweller:1665 DRSDx3,Great Whitex3 *GMT-Master:6542x2 (1 Bakelite),1675x8 (2 gilt), 16750 & SeaKing 116710LN *Explorer:1016x6 (1 gilt),5500x3,14270 Blackout, Orange 1655 x4 *Milgauss 1019x3 *Cosmo 6263 *RNCD DSSD 116660. |
4 March 2019, 04:26 AM | #7 | |
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Rest assured that this 16700 did not come from the factory with that bezel insert, but a 50 dollar insert should not be a deal breaker, they are easily replaced. Any GMT can be fitted with a color that pleases your wife (even if not technically correct) so purchase the best example you can find in your price range; change the insert if necessary afterwards.
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4 March 2019, 04:29 AM | #8 |
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Why not start your search again from scratch? ( and maybe do a little bit more research beforehand, as you should have known that the 16700 ref never came as coke. )
Also, suggest dont pay premium just for a box - papers are what add value, and anyone can buy boxes from ebay etc Sent from my iPad using Tapatalk |
4 March 2019, 04:32 AM | #9 |
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I have to agree with Haywood. Pepsi is the Trend now and they are being swapped left and right. I am a swapper as well, but if I was ever to sell my watch I would dress it with the appropriate insert.
I don’t believe the seller knowingly sold you a watch with the incorrect insert risking his reputation on one watch, but then again now a days nothing surprises me. Maybe this will give you time to save for the watch than financing. If I were you I wouldn’t finance a watch. You never know what lies around the corner.
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4 March 2019, 04:49 AM | #10 | |
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Quote:
when I asked the question, he should have said he didn't know. he said it was 100% original. within a few minutes of me asking the question here, I know the answer that it isn't original, and indeed these models did not come with a Coke bezel. therefore this can't be a Coke GMT its just a black/black or Pepsi (who knows) with a potentially an aftermarket Coke bezel added later and the original lost in history. when we made the transaction I was convinced that we were buying a GMT Coke, not a GMT something else with a Coke added later. this isn't fair in my opinion just to get my head in order, would it be correct to assume that the only way to buy a legit Coke would be to get the correct model (I have learned via this forum it is only 16710), and have papers that state what it is? or are the papers more generic and do not specify what colour it was at sale? just trying to get my ducks in a row so to speak her second choice was a ceramic sub. which sickens me to pay a grand or 2 £ RRP for a few year old used model almost out of warranty. but I think id rather have that, than something that has been tampered with. Trying to rationalise things. for a GMT master 1, the price we paid is a fair price, correct bezel or not. comparing with Chrono24. So no one would ever know if it was a Pepsi or a Black, if it was returned to either bezel somehow at some point in the future. it would be what it would be. the nasty part is that it is a Fact that it never was a Coke, and that is what's on it now. so it looks the part but it is essentially a fraud. with a black bezel or Pepsi bezel on it, it would be correct, but its not the one she wants. so I'm in a dilemma, keep it and try to live with the fact that it is what it is i.e. a pretend Coke, but still a good looking GMT master 1, as after all its her watch so if she's happy with that then so be it. or 2, pay £1500 more for a second hand ceramic sub which will make me sick but it will be a piece that she would be happy with, after I tell her the story of the GMT or 3. cancel the whole thing and don't do business with these people, and go back to square 1, find something else, and potentially cause some dis1tress. as she's looking forward to this piece in 2 weeks time. I'm just thinking out loud here. |
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4 March 2019, 04:51 AM | #11 | |
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I agree, I shouldn't be so trusting. but these are meant to be a reputable store and I unfortunately put faith in them. as you have suggested, I won't be doing that ever again. so my bad |
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4 March 2019, 04:58 AM | #12 |
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Also does anyone have any concerns about the 1987 thing? if the info on this forum says the 16700 was released in 1988?
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4 March 2019, 04:59 AM | #13 |
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Why are you worrying so much? Many people love these watches because you can easily switch out the bezel and change it to a coke/pepsi/all black one. As long as the bezel is original, who cares. The watch is real. You rather want him to switch it to a pepsi bezel and raise the price with 500 pounds because those are hotter and more in demand?
I also get the feeling you are thinking too much with your wallet (best price, investment piece, ...) and not because you really want it for the right reasons. |
4 March 2019, 05:00 AM | #14 |
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One other possibilty is that the original owner had the Coke insert fitted at time of purchase as the 16710 back in the day would have been a tad more expensive.
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4 March 2019, 05:00 AM | #15 | |
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http://www.gmtmasterhistory.com/gmt-...ref_16700.html
Quote:
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4 March 2019, 05:04 AM | #16 | |
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I agree with this statement. I am not one to tell anyone what to do with their money, but i wouldn’t Finance a watch. You never know what’s around the corner.
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4 March 2019, 05:28 AM | #17 | |
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Also, the insert issue is minor. Easily changed. Now, if you felt you were given misinformation by the seller, that's a different issue. |
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4 March 2019, 05:33 AM | #18 |
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The insert issue isnt minor IMO - Nowadays, original inserts go for big money
Why would you buy an expensive watch, in central london, with the wrong insert ( rolex or cheap aftermarket) ? It just doesn’t make sense to me The watch in question also looks a poor example You can do a lot better, looking outside london or even further afield - ie usa Sent from my iPad using Tapatalk |
4 March 2019, 05:36 AM | #19 |
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You already have had some concise and correct replies to your post & to me ,It's more about the authenticity of the watch than the bezel insert , bezel inserts a so easy to replace its unreal . Personally I would go with box & papers that are correct than worry about a incorrect bezel insert that is quite easy to replace if you wanted to in my opinion . To some it's no deal breaker not to have B&P but if your looking to sell somewhere down the line then it really will help .
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4 March 2019, 05:55 AM | #20 |
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4 March 2019, 05:58 AM | #21 | |
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4 March 2019, 06:32 AM | #22 |
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Looks overpolished to me
Blow up of original photo the OP posted Sent from my iPad using Tapatalk |
4 March 2019, 06:59 AM | #23 |
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Thanks guys for all of your replies and for all of your help, it is very much appreciated.
I did discuss this with my wife just now and read out all of your replies. She is of the opinion that although its not technically stock from the factory, she still loves the Coke bezel and wants to keep it that way. We agreed she can buy an aftermarket but original Pepsi bezel down the line if she ever changes her mind and can put it back to its original state - but right now the Pepsi is not her cup of tea and its so hot and expensive, why bother to change it. everyone wants a Pepsi and you don't see many if any Cokes around so she's happy to stick with this one. she said if anyone was to notice and ask why her GMT Master has the wrong bezel on it, she'll make it a conversation piece out of it. all I can say is bless her!! so thanks to all of you guys for your help to reassure us So the panic is over. I had a look at the price of used Pepsi bezels and I can safely assume the watch shop would rather refund me than switch out the bezel to a Pepsi, as these are going for absolutely huge money used - a lot more than a Coke. The Watch is in lovely condition for the price, the bezel is as well compared to the ones we checked out together on eBay. so overall, she's happy. Apologies for any of my rants and panic, I was just a bit upset that they were not straight up from the outset |
4 March 2019, 07:04 AM | #24 |
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4 March 2019, 07:12 AM | #25 |
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4 March 2019, 07:12 AM | #26 |
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Let me see your model number?
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4 March 2019, 07:14 AM | #27 |
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4 March 2019, 07:40 AM | #28 | |
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4 March 2019, 11:20 AM | #29 |
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This reminds me of a recent conversation with a reputable vintage dealer whilst in Hong Kong last month. They are very careful about using "original" in their item description as it leads to misinterpretation, especially with less knowledgable or/and fussy buyers. Original meaning what came from the factory which as some pointed out, is impossible to ascertain, or original as in genuine Rolex replacement parts ?
Anyway, congrats on your new acquisition - it's in lovely condition and certainly a breath of fresh air compared to the common Pepsi. |
4 March 2019, 03:46 PM | #30 |
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Just for correction....yes, 16700’s did come born as cokes. Mine is a 2000 A serial, born and remains a coke. Also Swiss only dial.
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