Skip to content


Your cart is empty

Rolex GMT-Master Ref. 16758 - Nipple Dial

Sale price$25,850.00

Straight Facts

What on earth is a ‘Nipple Dial’?

Let’s rewind the clock to the 1950’s. Pan American World Airways, is in talks with Boeing to launch the worlds first passenger jetliner, massively shortening the time between American and European nations. It does however, present an interesting dilemma. Pilots need to be able to tell time in two places at the same time with a very quick glance. Who does Juan Trippe turn to? Rolex. While worldtimers and GMTs were not a new invention - the way Rolex chose to answer it was incredibly novel AND simple. The addition of a ‘slow’ 24 hour hand that made one revolution per day and a simple change of the bezel to a military 24 hour time would allow the wearer to quickly read time in two places at once. Points awarded here for mechanical simplicity, and execution. The bezel would be in two different colors to represent AM/PM times, and those colors would be the PanAm colors of Red & Blue (naturally). While the watch was developed rather quickly and the first generation 6542 released in the mid 50s, the Boeing Jetliner (the 707) took a little longer to develop. That being said, when PanAm flew the 707 on its maiden flight from New York’s Idlewild Airport (not yet JFK!) to Paris (with onboard catered food from Maxim’s of Paris!) it was the Rolex GMT-Master on the flight crews wrist.

Which leads us to the present example GMT-Master, a second generation model. While the 6542 GMT was a great watch, it was not without its flaws. The 1675 saw the introduction of crown guards, aluminum bezels … and the continuation of a full gold GMT-Master. While the 6542 was also available in all-gold, the 16758 reference gave us the ‘Nipple Dial’ variant.

With a timeless black-and-gold color palette, these all-gold models came with a few types of dials - this one having a matte black dial with gold ‘nipple’ indices, called that for their generally small round appearance, punctuated by little plot of lume. These black dials with gold printing dials were often prone to chipping - but the one housed in this case shows no signs of chipping - instead taking on a highly attractive patina that appears almost like a fade to grey. Showing signs of prior servicing, the dial is punctuated by a newer set of Rolex service hands - a strong indication that this watch saw active daily use as it was originally intended to.

Dial and hands aside, the bezel condition is commensurate with the dial and also shows even consistent signs of wear. The well preserved 18K yellow gold case is is in excellent overall condition, appearing to have only been polished once or twice and lovingly so. Finishing it all off is an outstanding and matching 18K yellow gold jubilee that still presents tight and firm. The only thing better than a GMT, is a solid gold GMT, and after trying this on we think you’ll agree.

*Some marks or spots on the dial are reflections or dust on the crystal and are due to high intensity strobe lighting used while photographing. They are not actually on the watch or visible in natural lighting.

*Service Luminova hands

18K Yellow Gold 1981 Automatic Sport

"As collectors themselves, Oliver and Clarke are on a mission to make buying vintage watches as painless as possible."

"The company focuses on good prices for its pieces, elite customer service and full transparency."

"The appointment-only space is inviting, with comfortable seating areas and exposed brick walls."

From Rolex & Patek Philippe, to Cartier & Audemars Piguet. As collectors first, we love the small details that separate the Submariner from Daytona and Calatrava from Royal Oak. This is why you'll find our curated assortment spans decades of generations of models and brands. We believe that watches don't just tell time, they tell history - and life is too short to wear a boring watch.

Oliver & Clarke