Rolex - The Geneva Watch Auction: XV Geneva Saturday, May 7, 2022 | Phillips

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    • Manufacturer: Rolex
      Year: Circa 2000
      Reference No: 116589
      Movement No: C0014851
      Case No: P194819
      Model Name: Cosmograph Daytona
      Material: 18K white gold and sapphires
      Calibre: Automatic, cal. 4130, 44 jewels
      Bracelet/Strap: Leather
      Clasp/Buckle: 18K white gold Rolex deployant clasp
      Dimensions: 40mm Diameter
      Signed: Case, dial, movement and clasp signed
      Accessories: Accompanied by Rolex guarantee dated September 22, 2003, booklets, product literature and presentation 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 designs in its line of production due to changing tastes in the market. The present watch, reference 116589 is the second evolution of the automatic Daytona and is fitted with a Rolex movement.

      Fitted with a baguette sapphire-set bezel and a sodalite dial, the present watch combines Rolex's gift in gem-setting and creating beautiful movements. Known for its rigorous standards in quality, Rolex is particularly skilled at creating gem-set watches, whether it be a lavishly-set Day-Date or an eye-catching and striking SARU GMT.

      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 dial furthermore does not display any signs of cracking, which is an incredible feat as most existing examples have been damaged over the years. The case even retains its original green factory sticker attesting to its original condition. Furthermore, the timepiece is accompanied by its original guarantee and presentation box, attesting to its collectibility.

    • 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. 116589
An extremely impressive, well-preserved and attractive white gold and sapphire-set chronograph wristwatch with sodalite dial, caseback sticker, guarantee and presentation box

Circa 2000
40mm Diameter
Case, dial, movement and clasp signed

Full Cataloguing

Estimate
CHF80,000 - 160,000 
€78,600-157,000
$85,000-170,000

Sold for CHF327,600

Contact Specialist

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

+41 22 317 81 81
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 22 317 96 63
TiffanyTo@phillips.com

The Geneva Watch Auction: XV

Geneva Auction 7 - 8 May 2022