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Here is an investment grade RARE reference 1016 “L” series ROLEX EXPLORER 1016 produced in the last year of tits’ production (1989). This rare watch was (and still is) the most valuable and sought after of all the EXPLORER 1016 seris and was selling for $10,000 only last year! The case is shimmering with sharp edges. The dial is bright white and matte black-like new. The original hacking seconds ROLEX OYSTER automatic movement is accurate. The owner did not use the ROLEX OYSTER bracelet and sold it to me on leather. This was the last 1016 sold out of Toronto as stated by the ROLEX dealer who sold the watch. If you desire, we can sell you an unused and correct ROLEX OYSTER BRACELET with the ROLEX service box and papers it came with originally for $750 extra.