Rolex - The Hong Kong Watch Auction: ONE Hong Kong Monday, November 30, 2015 | Phillips

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  • Manufacturer: Rolex
    Year: 1989
    Reference No: 16520
    Movement No: 13'390
    Case No: R944844
    Model Name: Cosmograph Daytona
    Material: Stainless steel
    Calibre: Automatic, 4030, 31 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, 180 mm. maximum length, end links stamped 503
    Clasp/Buckle: Stainless steel Rolex folding deployant clasp stamped Rolex reference 78360
    Dimensions: 39 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Rolex service receipt dated 29 January 2015, instruction manual and leather wallet.
    Literature: For another example of a reference 16520 with black dial and suspended logo, please see Ultimate Rolex Daytona by Pucci Papaleo, page 526 to 527.

  • Catalogue Essay

    The present watch carries the 'R' serial number and is fitted with a black dial with five lines of inscriptions with the suspended 'Cosmograph' signature.

    Recently serviced at Rolex, the watch is presented in pristine condition and the subsidiary dials have begun the aging process, appearing a little bit beige, giving us the hope that one day the dial will become "tropical".

    Suspended Logo
    Six Rare Automatic Daytona

    Consigned by a very important collector, the following six Daytona, all represent rare ‘floating Cosmograph’ examples. All six pieces have been recently serviced at Rolex and the majority of which still retains their original accessories. The quality throughout this collection is exceptional, with each watch in equally amazing condition.

    In the late 1980s during the evolution of the automatic Daytona, early examples can be found where the ‘Cosmograph’ signature is suspended below the four lines of text above it and the word ‘Cosmograph’ appears to float.

    Each of the six watches in this private collection are sought after examples in gold, steel and gold and steel and each fitted with rare dials from glossy black to champagne and to the rarest of all, porcelain.

  • Artist Biography

    Rolex

    Swiss • 1905

    Founded in 1905 England by Hans Wilsdorf and Alfred Davis as Wilsdorf & Davis, it soon became known as the Rolex Watch Company in 1915, moving its headquarters to Geneva in 1919. Like no other company, the success of the wristwatch can be attributed to many of Rolex's innovations that made them one of the most respected and well-known of all luxury brands. These innovations include their famous "Oyster" case — the world's first water resistant and dustproof watch case, invented in 1926 — and their "Perpetual" — the first reliable self-winding movement for wristwatches launched in 1933. They would form the foundation for Rolex's Datejust and Day-Date, respectively introduced in 1945 and 1956, but also importantly for their sports watches, such as the Explorer, Submariner and GMT-Master launched in the mid-1950s.

    One of its most famous models is the Cosmograph Daytona. Launched in 1963, these chronographs are without any doubt amongst the most iconic and coveted of all collectible wristwatches. Other key collectible models include their most complicated vintage watches, including references 8171 and 6062 with triple calendar and moon phase, "Jean Claude Killy" triple date chronograph models and the Submariner, including early "big-crown" models and military-issued variants.

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190

Ref. 16520
A fine and rare stainless steel chronograph wristwatch with suspended logo and bracelet

1989
39 mm. diameter
Case, dial and movement signed

Estimate
HK$96,000 - 144,000 

Sold for HK$106,250

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: ONE

Hong Kong Auction 1 December 2015 11am