A rare stainless steel wristwatch with sweep centre seconds, black lacquer 'explorer' dial, bracelet, original guarantee and fitted presentation box

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  • Manufacturer: Rolex
    Year: Circa 1960
    Reference No: 1016
    Movement No: 12'136
    Case No: 596'799
    Model Name: Explorer
    Material: Stainless steel
    Calibre: Automatic, 1560, 25 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, 175 mm. maximum length, end link stamped 58
    Clasp/Buckle: Stainless steel Rolex folding deployant clasp stamped 4.60
    Dimensions: 35 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Rolex Guarantee dated 11 February 1962, Chronometer Watch Rate certificate, fitted presentation box and outer packaging.
    Literature: For another example of reference 1016 however with ivory dial, please see 100 Superlative Rolex Watches by John Goldberger, page 226.

  • Catalogue Essay

    This wonderful reference 1016 features a black lacquer glossy 'explorer' dial, signed with the correct 'Swiss' signature. The lacquer still exhibits a glossy sheen, and all the gilt graphics are preserved in excellent condition. The luminous has turned a light yellow tone, giving the watch a lot of character. This watch is furthermore accompanied by its original bracelet, stamped for the fourth quarter of 1960. Rarer still, is the presence of the original guarantee stamped by a Kuwaiti retailer, stating the watch was sold in 1962.

  • Maker Bio

    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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1047

Rolex

Ref. 1016
A rare stainless steel wristwatch with sweep centre seconds, black lacquer 'explorer' dial, bracelet, original guarantee and fitted presentation box

勞力士,罕有,不銹鋼自動上弦鏈帶腕錶,配中心秒針、黑色漆“Explorer”錶盤,“Explorer”,型號1016,附證書及盒子,約1960年製

Circa 1960
35 mm. diameter
Case, dial and movement signed

Estimate
HK$35,000 - 45,000 
€4,100-5,300
$4,300-5,600

sold for HK$100,000

The Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016