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  • Manufacturer: Rolex
    Year: Circa 1989
    Reference No: 16520
    Movement No: 11'772
    Case No: R900969
    Model Name: Cosmograph Daytona
    Material: Stainless steel
    Calibre: Automatic, 4030, 31 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, 185 mm. maximum length
    Clasp/Buckle: Stainless steel Rolex folding deployant clasp
    Dimensions: 39 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Rolex Attestation de Chronomètre Officiel dated 25 February 1989, additional case back, bracelet, product literature, instruction manual, leather wallet, fitted presentation box and outer packaging.
    Literature: For another example of a reference 16520 with black dial and suspended logo, please see The Ultimate Rolex Daytona by Pucci Papaleo, pages 256 and 257.

  • Catalogue Essay

    This automatic Daytona has many distinguishing features and sought after attributes.

    The first is that it is an 'R' series, indicating production in 1987, which is the first year that the automatic Daytona was introduced. The watch is also fitted with the highly sought after black glossy dial featuring the floating 'Cosmograph' signature. The third is it is still retaining its original calibrated bezel graduated to 200 units per hour.

    Finally the watch is furthermore accompanied by its original guarantee, additional case back and bracelet and is offered in very honest and appealing original condition.

  • 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.

    View More Works

Property of a Notable Gentleman

1116

Ref. 16520
A fine and rare stainless steel chronograph wristwatch with suspended logo, bracelet, additional case back, bracelet, original guarantee and fitted presentation box

Circa 1989
39 mm. diameter
Case, dial and movement signed

Estimate
HK$200,000 - 300,000 
€24,100-36,100
$25,000-38,000

Sold for HK$375,000

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
[email protected]

Ziyong Ho
Specialist
+852 9386 2032
[email protected]

Jill Chen
Specialist
+852 2318 2033
[email protected]

The Hong Kong Watch Auction: FOUR

Hong Kong Auction 30 May 2017