16 or 17 refers to the barrel inside diameter wgere the threaded portion is. Sizing will be dependant upon where ypu want the reel seat to land on the blank. Some sizes are only available on the 16, and some only on the 17. Consult the rods dimensions for that descision.
Im in the middle of building an mhx873 mh rod w/ a 13.5 id size 16 reel seat.