The Pepsi is the original GMT-Master colourway. Rolex built it in the 1950s so pilots could read day and night hours at a glance — blue for night, red for day — and seventy years later it’s still the most recognisable bezel in watchmaking. In steel it’s one of the hardest Rolexes to get. In white gold it’s something else entirely.
This is the reference 126719BLRO in solid 18k white gold. From across the room it reads like a steel Pepsi. Put it on and the weight tells you otherwise, and then you notice the dial — a deep blue, where the steel 126710BLRO runs black. That blue dial is how you spot the white gold Pepsi without picking it up. The red and blue bezel is Cerachrom ceramic made in a single piece, a two-colour ceramic Rolex first pulled off on the white gold GMT back in 2014, and it won’t fade or scratch the way the old aluminium inserts did.
Everything else is proper GMT-Master II. Red 24-hour hand, independently jumping hour hand for changing time zones, date under the Cyclops at three, 40mm case, and a solid white gold Oyster bracelet closing on the Oysterlock clasp with Easylink extension. It does everything the steel Pepsi does, with none of the waitlist and all of the precious metal.
This 2022 example is in excellent condition with partial factory stickers still on the clasp and caseback. Full set with the box, Rolex warranty card dated August 2022 and hang tag, with Rolex manufacturer warranty running to August 2027. At $58,900, this is the Pepsi in its most luxurious form. Viewings by appointment, Sydney CBD.
Price: $58,900 AUD
Condition: Excellent, partial stickers on clasp and caseback — full set with box, warranty card, hang tag. Rolex warranty until August 2027
Reference: 126719BLRO (2022, 40mm 18k white gold, blue dial, red and blue Cerachrom bezel)
Enquiries by appointment — Sydney CBD.