A  fine and rare yellow gold and stainless steel chronograph wristwatch with suspended logo, champagne dial, bracelet and fitted presentation box

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  • Manufacturer: Rolex
    Year: Circa 1987
    Reference No: 16523
    Movement No: 12'118
    Case No: R917552
    Model Name: Cosmograph Daytona
    Material: 18k yellow gold and stainless steel
    Calibre: Automatic, 4030, 31 jewels
    Bracelet/Strap: 18k yellow gold and stainless steel Rolex Oyster bracelet, 175 mm. maximum length
    Clasp/Buckle: Stainless steel Rolex twinlock folding deployant clasp
    Dimensions: 38 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Rolex International Service Guarantee dated 8 July 2015, product literature, fitted presentation box and outer packaging.

  • Catalogue Essay

    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, making the word 'Cosmograph' appear to float. In additional to this rarity, this watch has been kept in very honest and original condition.

  • 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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1082

Rolex

Ref. 16523
A fine and rare yellow gold and stainless steel chronograph wristwatch with suspended logo, champagne dial, bracelet and fitted presentation box

勞力士,精細及罕有,18K黃金及不銹鋼,自動上弦鏈帶腕錶,配計時功能及香檳色錶盤,“Cosmograph Daytona”,型號16523,附盒子,約1987年製

Circa 1987
38 mm. diameter
Case, dial and movement signed

Estimate
HK$80,000 - 150,000 
€9,400-17,600
$10,000-19,000

sold for HK$125,000

The Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016