Rolex - Perpetual London | Phillips

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  • Manufacturer: Rolex
    Year: 2016
    Reference No: 116500LN
    Model Name: Cosmograph Daytona "Cerachrom"
    Material: Stainless Steel
    Calibre: Automatic 4130
    Bracelet/Strap: Stainless Steel Oyster
    Clasp/Buckle: Stainless Steel Folding With Easylink
    Accessories: Original Rolex Box, Wallet and Warranty card
    Provenance: Property of an important private collector.

  • Provenance

    Property of an important private collector.

  • 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. 116500LN
Now discontinued, the 116500LN was the Daytona model that took the success story of the iconic Cosmograph and turned it into the most frenetically sought watch in history. Launched in 2016, waiting lists were quoted at 10 years within days of the announcement and the market prices started at double RRP and continued to climb. Combining the sleek case and in-house calibre of the 116520 with the punchy sub-dials of the 90’s “Zenith” models the 116500LN borrowed the black bezel of the late 1960’s and brought it bang up to date in high-tech, durable ceramic. This example from 2016 is in pristine condition and comes complete with the original box, warranty card and booklets.

2016

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