A fine and rare yellow gold chronograph wristwatch with suspended logo and bracelet

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  • Manufacturer: Rolex
    Year: 1989
    Reference No: 16528
    Movement No: 39'828
    Case No: L243584
    Model Name: Cosmograph Daytona
    Material: 18k yellow gold
    Calibre: Automatic, 4030, 31 jewels
    Bracelet/Strap: 18k yellow gold Rolex Oyster bracelet, 175 mm. maximum length
    Clasp/Buckle: 18k yellow gold Rolex folding deployant clasp
    Dimensions: 38.5 mm. diameter
    Signed: Case, dial and movement signed

  • Catalogue Essay

    This Daytona with 'suspended' Cosmograph dial is cased in yellow gold and features a black dial. Preserved in excellent condition, this watch retains original factory finishes to the top of the lugs and strong hallmarks. The bracelet is also in very good overall condition. The case is unpolished with very crisp edges. Overall, the watch is an exceptional example.

  • Maker Bio

    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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238

Rolex

Ref. 16528
A fine and rare yellow gold chronograph wristwatch with suspended logo and bracelet

勞力士,精細及罕有,18K黃金自動上弦鏈帶腕錶,配計時功能,“Cosmograph Daytona”,型號16528,1989年製

1989
38.5 mm. diameter
Case, dial and movement signed

Estimate
HK$160,000 - 250,000 

sold for HK$225,000

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: Two

Hong Kong Auction 31 May 2016