Rolex - The Geneva Watch Auction: XI Geneva Sunday, June 28, 2020 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 2008
    Reference No: 116589
    Movement No: C0'167'526
    Case No: K'593'828
    Model Name: Cosmograph Daytona
    Material: 18K white gold and diamonds
    Calibre: Automatic, cal. 4130, 44 jewels
    Bracelet/Strap: Alligator
    Clasp/Buckle: 18K white gold Rolex deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Rolex guarantee dated April 3, 2008 and vintage Rolex box.

  • Catalogue Essay

    Excluding the mythical reference 6270 and 6269, Rolex hardly ever embellished their chronograph models with precious stones. Yet, with the introduction of the automatic Daytona, the manufacture gradually incorporated elaborate Daytona designs to their line of production, due to changing tastes in the market.

    Fitted with a baguette diamond-set bezel and diamond-set numerals, the present watch combines Rolex's gift in gem-setting and creating beautiful movements. Known for their rigorous standards in quality, Rolex is particularly skilled at creating gem-set watches, whether it be a lavishly-set Day-Date, or a an eye-catching and striking SARU GMT. Reference 116589 is cased in white gold and is fitted with the Rolex in-house movement, caliber 4130.

    The case is preserved in excellent condition, with a strong hallmark on the bottom of the lug. All gold marks remain present and crisp. The watch furthermore retains its original green factory sticker, attesting to its original condition. It is furthermore accompanied by its original guarantee, stating the watch was sold in 2008 in Firenze, Italy.

  • Artist Biography


    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. 116589
A rare and attractive white gold and diamond-set chronograph wristwatch with original guarantee

Circa 2008
40mm Diameter
Case, dial, movement and clasp signed

CHF35,000 - 55,000 

Sold for CHF67,500

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East

41 79 637 1724

The Geneva Watch Auction: XI

Geneva Auction 27 - 28 June 2020