Rolex - The Hong Kong Watch Auction: XVI Hong Kong Wednesday, May 24, 2023 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 2019
    Reference No: 116506
    Case No: 74P38074
    Model Name: Cosmograph Datyona
    Material: Platinum
    Calibre: Automatic, cal. 4130, 44 jewels
    Bracelet/Strap: Platinum Rolex Oyster bracelet, max length 190mm
    Clasp/Buckle: Platinum Rolex Oyster deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex guarantee stamped Klarlund A/S Denmark dated 15th February 2019, instruction manual, product literature, hang tags, green card holder, extra dial and hands, outer packaging and fitted presentation box.

  • Catalogue Essay

    Marking an important milestone for Rolex, the firm celebrated the 50th anniversary of the coveted Cosmograph Daytona in 2013. Famed and iconic, the Rolex Cosmograph Daytona has secured itself as one of the most adored and prolific wristwatches since its initial launch in 1963. Released during its anniversary year, Rolex introduced the ref. 116506 being the first Daytona model to be serially produced in platinum with Cerachrom bezel in chestnut brown. Paired beautifully with an ice blue sunburst dial, the appeal was not like any other Daytona models produced by the firm in the past. The model was made available with various options including an example with pave dial and diamond-set indexes.

    Superbly designed and highly-sought after in the market, it is important to note that Rolex just celebrated the 60th anniversary of the iconic Daytona model this year in 2023. Unveiling the new ref. 126506 at Watches & Wonder with a new cal. 4230 exhibited through a sapphire caseback, this brings an end to an era of the ref. 116506. Just discontinued, the present example Rolex Cosmograph Daytona ref. 116506 from circa 2019 is offered in excellent overall condition. Even better, its is accompanied by its full set of accessories including an additional dial and set of hands.

  • 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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955

Ref. 116506
A very fine and rare platinum chronograph wristwatch with ice blue dial, diamond-set indexes, ceramic bezel, bracelet, additional ice blue dial and set of hands, guarantee and presentation box

Circa 2019
40mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$600,000 - 1,200,000 
€69,300-139,000
$76,900-154,000

Sold for HK$1,016,000

Contact Specialist

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

The Hong Kong Watch Auction: XVI

Hong Kong Auction 24 - 25 May 2023