Since its introduction in 1963, Rolex’s Cosmograph Daytona has continuously evolved, and today it is amongst the most sought after models for its masculine appeal, classic aesthetics, and exceptional timekeeping. In 1988, Rolex released their very first automatic models - the stainless steel reference 16520, steel and gold reference 16523, and the luxurious 18 karat gold reference 16528 housing the caliber 4030 based on the iconic Zenith El Primero. The Daytona’s case size was increased to 39.5mm in order to house the new movement. The model was an instant success, and garnered an immediate, years-long wait list with authorized Rolex dealers around the world.

The present yellow gold example features the coveted, first generation floating “Cosmograph” dial, with the word situated slightly below the “Rolex Oyster Perpetual Superlative Chronometer Officially Certified” designation, and found only on examples from the earliest production. With the early “R” serial number, this attractive Daytona is furthermore correctly fitted with the highly sought-after, first generation bezel calibrated to “200” unites per hour. These self-winding Daytona Cosmographs were the beginning of a new era for Rolex chronographs, and in addition to the revolutionary automatic movement, the models also introduced sapphire crystals for the first time in a Rolex chronograph watch.

Consigned by an important collector, the present chronograph remains in outstanding, hardly worn condition. All edges, facets, and finished surfaces are perfectly preserved as it left the Rolex factory over two decades ago, having never seen a polishing over all these years.