Rolex - The Hong Kong Watch Auction: EIGHT Hong Kong Monday, May 27, 2019 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 2018
    Reference No: 116506
    Case No: Q9Y56672
    Model Name: Cosmograph Daytona
    Material: Platinum
    Calibre: Automatic, cal. 4130, 44 jewels
    Bracelet/Strap: Platinum Rolex Oyster bracelet stamped "78596", endlinks stamped "T4J", max length 190mm
    Clasp/Buckle: Platinum Rolex Oyster deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and bracelet signed
    Accessories: With original Rolex Guarantee retailer stamped dated January 12, 2018, product literature, wallet, hangtags and Rolex fitted presentation box

  • Catalogue Essay

    Spotted on the wrists of some of the most important athletes in the world including Kevin Durant of the Golden State Warrior, Spanish footballer Álvaro Negredo, and the legendary Michael Jordan — arguably the greatest basketball player of the century, the Rolex platinum Daytona reference 116506 is well loved not without good reason.

    The reference 116506 was introduced at the Baselworld in 2013 to commemorate the 50th anniversary of the Rolex Cosmograph Daytona model, which is the first Daytona cased in platinum ever offered by Rolex for sale. Platinum has remarkable resistance to corrosion, even at high temperatures — perfect to sustain the physical activity of an athlete. Rolex uses 950 platinum for ref. 116506, an alloy consisting of 950‰ (thousandths) platinum meticulously made by Rolex’s in-house professional craftsmen. The beautiful ice blue dial is used exclusively on platinum models by Rolex, wondrously adorning the supreme splendor of the platinum case and bracelet.

    The watch is presented in overall excellent condition. Our research shows that the present watch is fresh to the auction market, making it an even more exquisite timepiece to own.

  • 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. 116506
An extremely fine and rare platinum chronograph wristwatch with ice blue dial, bracelet, guarantee and presentation box

Circa 2018
40mm Diameter
Case, dial, movement and bracelet signed

HK$240,000 - 400,000 

Sold for HK$475,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: EIGHT

Hong Kong Auction 28 May 2019