Rolex - The Hong Kong Watch Auction: TWO Hong Kong Monday, May 30, 2016 | Phillips

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  • Manufacturer: Rolex
    Year: 1971
    Reference No: 6262
    Case No: 2'379'268
    Model Name: Cosmograph Daytona 'Paul Newman Ghost'
    Material: Stainless steel
    Calibre: Mechanical, 727, 17 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, 180 mm. maximum length, end link stamped 71
    Clasp/Buckle: Stainless steel Rolex folding deployant clasp stamped 3.69
    Dimensions: 36 mm. diameter
    Signed: Case, dial and movement signed
    Literature: For another reference 6262 Paul Newman, please see Ultimate Rolex Daytona by Pucci Papaleo, page 272 and 273.

  • Catalogue Essay

    The Rolex Daytona has become increasingly popular and valuable in recent years. Paul Newman dials are specially sought after because of the rarity of their production and their iconic fashion status. The Rolex reference 6262 was introduced in the beginning of the 1970s and was fitted with the new 727 Valjoux caliber and moved the 'Daytona' signature around the 12 hour register.

    The present reference 6262 displays numerous points of great interest. The most striking and unusual of which is the very light Oyster signature suspended underneath Cosmograph giving the present watch the nickname 'The Ghost Oyster'. Manufactured in 1971 with a 2.3 million serial number, the 6262 was made concurrently with the reference 6263, which is the Oyster version of the Daytona that features screw down pushers and acrylic bezel.

    The 6263 with 'Oyster Sotto' dial is today one of the most sought after and valuable Daytonas on the market. 'Oyster Sotto' is in Italian what we would translate into English 'Oyster down', which references the word 'Oyster' underneath 'Cosmograph'. The market knows that the 6262 is fitted with a steel engraved bezel and the non-Oyster pushers. It is entirely possible that the dial was fitted and Singer or Rolex tried to conceal the word 'Oyster', which over the years has become more apparent. This is a theory as to this 'Ghost Oyster Paul Newman'. The dial itself is really in exceptional condition and the registers do have the same black oxidation marks that are seen in all known 'Oyster Sotto' dials. The back of the dial is furthermore stamped 'Singer'. The condition of the case and case numbers are also in extremely well preserved condition.

  • 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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Ref. 6262
A very fine and extremely rare stainless steel chronograph wristwatch with bracelet

1971
36 mm. diameter
Case, dial and movement signed

Estimate
HK$1,400,000 - 2,500,000 

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: TWO

Hong Kong Auction 31 May 2016