The 1016 might be my favorite Rolex of all time. Well, maybe not… But, it’s certainly the most versatile. And it used to be that they were also the most affordable of vintage Rolexes. As this example proves, this is no longer the case. I’ve always wanted one, but I waited to long and now they are out of my reach.

That said, I am trying like hell to build my own version out of scrap Rolex parts and a 1958 Oyster Perpetual.

Source: 1984 Rolex Explorer Reference 1016 – HODINKEE Shop