Rolex - The Hong Kong Watch Auction: XII Hong Kong Saturday, June 5, 2021 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 2001
    Reference No: 116520
    Case No: P538’594
    Model Name: Cosmograph Daytona
    Material: Stainless steel
    Calibre: Automatic, cal. 4130, 44 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, max length 200mm
    Clasp/Buckle: Stainless steel Rolex deployant clasp stamped “DE7”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex Guarantee dated 6th September 2001 stamped J. Farren-Price and delivered to Australia, green wallet, hang tags, instruction manual, 2001-2002 calendar card, product literature, fitted presentation box and outer packaging.

  • Catalogue Essay

    In the year 2000, Rolex had yet another technological advancement for the new millennium, the first in-house self-winding chronograph movement cal.4130 fitted for the Cosmograph Daytona ref. 116520. The reference replaces its predecessor ref.16520 powered by the famed Zenith El Primero cal.4030.

    Highly sought after as one of Rolex’s crown jewel by collectors, the present example bearing a P serial has an unusual trait that further heighten its rarity and collectability. During the two years between 2000 to 2002, white dials manufactured by Rolex with serials P, K and Y have a high tendency of developing a colour change into a creamy hue naturally. A trait developed at random and over time, the present example still retains its original pure white dial. The present watch stamped J. Farren-Price was purchased from one of Australia’s most well-known retailer and the first offical Rolex and Tudor authrorized agent in the country since its inception in 1942. By 1954 with
    20 J. Farren-Price branches now in Australia, the retailer was considered the country’s largest watch organisation and had became a household name by 1950/60’s. In that era there was a good chance your first watch would have come from J. Farren-Price.

    Offered in an excellent condition with its original green factory sticker still intact on its case back, the present example is furthermore accompanied by its full accessories.

  • 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. 116520
A fine and attractive stainless steel chronograph wristwatch with bracelet, guarantee and presentation box

Circa 2001
40mm diameter
Case, dial, movement, bracelet and clasp signed

HK$160,000 - 230,000 

Sold for HK$302,400

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2031
[email protected]

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021