Rolex - Geneva Watch Auction: FOUR Geneva Friday, November 11, 2016 | Phillips

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  • Manufacturer: Rolex
    Year: circa 1950
    Reference No: 4038
    Case No: 048'823
    Model Name: Precision
    Material: Stainless steel
    Calibre: Manual, cal. 10.5''', 15 jewels
    Bracelet/Strap: Lizard Rolex strap
    Clasp/Buckle: Stainless steel Rolex buckle
    Dimensions: 35mm. Diameter
    Signed: Case, dial, movement and buckle signed

  • Catalogue Essay

    To avid Rolex collectors, the present lot will come as an impressive new discovery. The reference 4038 is a model that, until now, was not known to exist. Fresh to the market, this watch can only be described as a barn find due to its rarity and remarkable original condition. The watch displays some minor signs of aging and oxidation on the dial, but otherwise it appears to have rarely seen the light of day over its 60 year history.
    The watch embodies the elegance and classicism of the 1950s. The large dial is enhanced by the slim, well-proportioned case, giving the watch a larger appearance on the wrist despite its actual size. Its dial further delights with its sunken pink-gold-colored hour markers and matching sword hands. This ultra-rare watch is an impressive and worthy addition for the connoisseur of rare vintage watches.

  • 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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Lot offered with No Reserve

Ref. 4038
An very rare and large stainless steel wristwatch

circa 1950
35mm. Diameter
Case, dial, movement and buckle signed

CHF10,000 - 20,000 

Sold for CHF6,500

Contact Specialist
Alexandre Ghotbi
+41 22 317 81 89

Geneva Watch Auction: FOUR

Geneva Auctions 12 – 13 November 2016