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Rolex GMT Master
The Rolex Oyster Perpetual Date GMT Master is part of the Rolex Professional Watch Collection. Designed in collaboration with Pan Am Airways for use by their pilots and navigators, it was launched in 1954.
During its long history,the Rolex GMT-Master wristwatch was originally designed in collaboration with Pan Am Airways and issued by the airline to their crews on transcontinental long-haul flights. ("GMT" in the name stands for Greenwich Mean Time). The watch has a convenient capability that was unique at the time as it enabled the crews to have GMT or another second time zone displayed. GMT is the time zone that is required for all aviation planning, weather forecasts, schedules and other paperwork. In addition as Inertial Navigation and Global Positioning System technologies did not yet exist, and aircraft were out of range of normal radio navigation beacons during transoceanic flights, an accurate GMT time source was essential for use with specialist sextants for astronavigation (obtaining geographical position by relative angles of the horizon, the sun and other stars). In fact the very first “Marine Chronometers” (the predecessors of more modern mechanical watches) were specifically developed for use in astronavigation on ships during the 1800s.
The second time zone on the watch also proved a great help to crews for managing jetlag and for communications home when abroad. It is this capability that has made them very popular with businessmen and other travellers. They have also been particularly popular with NASA and military pilots and many soldiers and sailors who often require GMT or a second time zone.
In the early 1980s the Rolex GMT-Master II was released (although production of the original version continued alongside it until the late 1990s). Although the watch looks almost identical it uses a movement that has the additional capability of a quickset hour hand that can be adjusted to local time without stopping the seconds or disturbing the minutes and 24 hour GMT hand. As the watch continues to feature the rotatable bezel it is now able to display a third time reference.
The Rolex GMT 24 hour hand feature has been adopted by many other watch manufacturers and is now a relatively common feature. However nearly all of these watches use an ETA movement that is operated slightly differently from the Rolex GMT-Master II design (the 24 hour hand is quickset rather than the local hour hand) and whilst perfectly usable, it is a slightly less convenient design for pilots and regular travellers but very suitable for those staying at home and wishing to track a time zone in another country (e.g. Telephone calls for business or relatives abroad). Omega are one exception as they operate in the same way as the Rolex GMT-Master II.
Although the original Rolex GMT Master was only available in Stainless Steel, as it was conceived as a functional, work watch, Rolex have been making luxury versions in both mixed steel and gold and all gold since the 1970s and there are even exotic variations that incorporate elaborate designs that include precious stones. All variants have significantly increased in their purchase cost relative to inflation and are now often regarded as high luxury or status symbols. In spite of this they still make a very accurate and robust work watch that is very well suited to its original design purpose and with their all metal construction, shock proofing and water-resistance they still remain popular amongst pilots today.
So, you should have one!

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