Rolex - The Hong Kong Watch Auction: ONE Hong Kong Monday, November 30, 2015 | Phillips

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  • Manufacturer: Rolex
    Year: 1997
    Reference No: 16588
    Case No: W030087
    Model Name: Cosmograph Daytona
    Material: 18k yellow gold, diamonds and pink sapphires
    Calibre: Automatic, 4030, 31 jewels
    Bracelet/Strap: Brown Rolex crocodile leather strap
    Clasp/Buckle: 18k yellow gold Rolex folding twinlock deployant clasp
    Dimensions: 39 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Rolex additional pink crocodile leather strap.

  • Catalogue Essay

    One of the most outstanding features of the reference 16588 is the striking baguette-cut pink sapphire-set bezel. Additionally with this reference, the bezel has fixed heavy gold bars in line with the pink sapphire-set hour markers, acting as a hour chapter, and perhaps giving this a more versatile appeal. The automatic Zenith movement is also a practical and sought after to this model. Although this model is barely 20 years old, it has already obtained a cult status amongst collectors, and it is fitted with calibre 4030 and retains a somewhat vintage feel. In recent years, it has become evidence how small the production run of reference 16588 was, further enhancing its desirability amongst collectors.

  • 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. 16588
A fine and very rare yellow gold, diamond and pink sapphire-set chronograph wristwatch

39 mm. diameter
Case, dial and movement signed

HK$500,000 - 800,000 

Sold for HK$750,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

Ziyong Ho
+852 9386 2032

Jill Chen
+852 2318 2033

The Hong Kong Watch Auction: ONE

Hong Kong Auction 1 December 2015 11am