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
    Movement No: C0’237’110
    Case No: P540’823, inside caseback stamped 2100
    Model Name: Cosmograph Daytona
    Material: Stainless Steel
    Calibre: Automatic, cal. 4130, 44 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, stamped “78490”, max length 190mm
    Clasp/Buckle: Stainless steel Rolex deployant clasp, stamped “DT1”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied with Rolex guarantee dated August 2002, stamped Germany Retailer Andreas Schmid Juwelier, green wallet, 2002-2003 calendar card, instruction manual, product literature, fitted presentation box and outer packaging.

  • Catalogue Essay

    Introduced in 2000, the Rolex Cosmograph Daytona ref. 116520 was the first model to house caliber 4130, a self-winding in-house chronograph movement by the firm replacing its predecessor Zenith movement. With steel examples produced in black and white dial it was an instant success upon its launch. Amongst the production run of the reference fitted with a white dial, a small batch with distinct quality were known to have potential of developing a cream colour change on the dial. The topicalization of this phenomenon would only occur on examples made between 2000 to 2002 with a P, K, or Y serials, thus very rare.

    The present example bearing a P serial has develop a unique tanned vanilla hue with the test of time. Offered with its original guarantee and accessories, this “beautiful mistake” by the firm certainly boast its own desirable characteristic and is a highly collectible rare variant of the era.

  • 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.

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978

Ref. 116520
An extremely fine and rare stainless steel chronograph wristwatch with “cream dial”, bracelet, guarantee and presentation box

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

Estimate
HK$160,000 - 260,000 
€16,800-27,300
$20,500-33,300

Sold for HK$378,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021