1981 Rolex Submariner 16800 Matte Dial 18039 The blue and red “Pepsi”

The blue and red “Pepsi” bezel insert is also in excellent condition and shows light wear from use

Excellent chapter ring early T SWISS T dial UNDERLINE dial with silver print and gilt chapter ring

67 date stamp in case back

Comes with an excellent black bezel insert that has faded to a warm grey hue

The clasp is stamped with an RS5 date code

1981 Rolex Submariner 16800 Matte Dial 18039 The blue and red “Pepsi”Case & Bracelet Excellent case that has previously been polished and shows light wear from use. Excellent 93150 bracelet with 10 links, dive extension, and 501 end links. Dial Excellent black matte dial. Hands are newer service units Accessories None The watch is running at COSC spec.