Rolex - The Hong Kong Watch Auction: SEVEN Hong Kong Monday, November 26, 2018 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 2013
    Reference No: 116506
    Case No: 40UF0690
    Model Name: Cosmograph Daytona
    Material: Platinum
    Calibre: Automatic, cal. 4130, 44 jewels
    Bracelet/Strap: Platinum Rolex Oyster bracelet, endlinks stamped 78596, max length 180 mm
    Clasp/Buckle: Platinum Rolex deployant clasp
    Dimensions: 40 mm. Diameter
    Signed: Case, dial, movement and bracelet signed
    Accessories: With international guarantee stamped by Rizzo in November 2013, Rolex green leather fitted presentation box and outer packaging.

  • Catalogue Essay

    To commemorate the continued success of this timeless model, the reference 116506 was introduced at the Baselworld in 2013 for the 50th anniversary of the Rolex Cosmograph Daytona model. Reference 116506 is also the first platinum Daytona Chronograph ever offered by Rolex for sale. For reference 116506, Rolex uses 950 platinum - an alloy consisting of 950‰ (thousandths) platinum - meticulously made by Rolex’s in-house professional craftsmen.

    The beautiful ice blue dial is used exclusively on platinum models by Rolex, including the Day-Date, Datejust and the present Cosmograph Daytona. The lustrous azure color of the dial is repeated within the subsidiary dials, wondrously adorning the superb grandeur of the platinum case and bracelet.

    Our research shows that the present watch is fresh to the auction market, making it an even more exquisite timepiece to own.

  • 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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From an important Asian collector

967

Ref. 116506
An extremely fine and rare platinum chronograph wristwatch with ice blue dial, bracelet, guarantee and presentation box

Circa 2013
40 mm. Diameter
Case, dial, movement and bracelet signed

Estimate
HK$280,000 - 550,000 
€30,900-60,800
$35,900-70,500

Sold for HK$475,000

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: SEVEN

Hong Kong Auction 27 November 2018