Let's see...
A 12x16" RR would be aroung 500mm focal length. That means that each cell is about 1000mm, very roughly.
Assuming the stop is 7cm from the front cell (in the middle of a 14cm long barrel, that should be close-ish), that puts the stop at 70/1000 or about 1/14 of the focal length. That again means that the entrance pupil diameter will be larger than the true size of the aperture by 1/14th, or 7%. That's about a third of a stop, you get about 14% more light on the film. So that should be just about enough to compensate for the loss to reflection from the uncoated surfaces...
Incidentally, this is approximately correct for ALL normal Rapid Rectilinears. WA Rectilinears are a little different, since the spacing is
very different.