Dear Rolex enthusiasts,

I’m pleased to join this forum and make my first post. As a passionate collector, I truly appreciate the wealth of knowledge here. Together with my father, I am currently exploring the purchase of his dream watch—a Rolex Explorer 1016 from 1966—and would greatly value your expert opinions.

Watch Details:
• Reference: 1016
• Year: 1966 (accompanied by original papers)
• Serial Number: 1499XXX
• Movement: Caliber 1570 (shouldn’t it be the former version?)
• Bracelet: 7206

Dial is a „Frog Foot“.

Questions:
• I have noticed that the minute hand appears to be too short—would you attribute this to a past service replacement?
• Given the above details, I would appreciate your insights on authenticity, originality, and any red flags to consider.
• Additionally, I would be grateful for an estimate of the current market value for a piece in this configuration.

Pictures will be uploaded asap!

Any thoughts or guidance would be highly appreciated. Thank you in advance for your expertise!

Best regards,
Sean