The 7016-5011 “Monaco” - like the fully serviced all original 1974 example here - is nicknamed Monaco for its highly unique shape, reminiscent of a certain 1970's Heuer chronograph by the same moniker.
Another rather unique aspect of this 7016 is the flyback chronograph, which allows the user to reset the chronograph function without resetting the time completely – similar to that found on Citizen’s 8110 – but also highly rare on Seiko watches. Unlike many other Seikos, the 7016 actually IS rare.
The 7016A movement is based on the Seiko calibre 7005, and when Seiko released the 7016A in 1971 it was the world´s thinnest (6.4mm high) automatic movement (it kept the title until 1987). Of interesting sidenote, Swiss company ENICAR sold a watch named the "Enicar Mantagraph" in the 1970s - and it was equiped with the 7016A movement from Seiko, and included the same case.
This Seiko 7016 comes with a leather strap, NATO strap, Pelican travel case, and springbar tool.
1974 Seiko 7016-5011 "Monaco" Automatic Chronograph
DIAL: Original black dial with and original chronograph hands on main and subdial. Day/date – with Spanish/English variants – at 3 o’clock position works nicely. Dial has patina, and has small abrasions near the 3:30 and 9 o'clock positions, usually only visable with a loupe (see macro pictures).
CASE: Original 37.5mm (39mm w/pushers) x 41mm stainless steel case.
CRYSTAL: Correct Seiko NOS hardlex crystal, scratch-free.
BAND: Dark brown leather strap, with stainless-steel hardware. This 7016 also comes with a new dark blue and gray NATO strap, which nicely compliments the inherent vintage nature of this chronograph.
MOVEMENT: Original Seiko 17-jewel 7016A automatic movement, which beats at 21,600bph, was manufactured in October 1974. This watch has been fully serivced.
CROWN: Original stainless steel crown.
CHRONOGRAPH PUSHERS: Chronograph pushers depress with a firm push. All three main and subdial hands reset as designed to 0.