Rolex - The Hong Kong Watch Auction: XVI Hong Kong Wednesday, May 24, 2023 | Phillips
  • Manufacturer: Rolex
    Year: Circa 2015
    Reference No: 116520
    Case No: 1’7V1A’054
    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 Oyster deployant clasp stamped “P6A”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex international guarantee stamped Khimji Ramdas LLC Sultanate of Oman and dated 8th April 2015, hang tags, leather card holder, instruction manual, product literature and outer packaging.

  • Catalogue Essay

    The Rolex Cosmograph Daytona ref. 116520 was launched in 2000, just in time to celebrate the dawn of a new age with an important milestone for the firm. Being the first Daytona model to feature the firm’s inaugural in-house automatic cal. 4130, it replaced the former ref. 16520 which was equipped with an El Primero based cal. 4030. Discontinued in 2015, it made way for the ref. 116500LN featuring a ceramic bezel. As this year marks the 60th Anniversary of this coveted model, a series of new Daytonas were launched in March 2023, each received a facelift, boasting slender inserts with metallic bands around the chronograph counters that give more contrast and an aerial appeal. The new ref. 126500LN is also fitted with an upgraded movement, the cal. 4131 and is the first major renovation in over two decades. On that note, the present ref. 116520 just became even more desirable, given its heightened status as the grandfather of the latest edition.

    Multiplying its rarity, the present ref. 116520 features a caseback engraving of the “Khanjar”. Exceedingly rare and sought-after, it is no secret that these timepieces with the special emblem were commissioned by His Majesty Sultan Qaboos. Offered in “new-old-stock" condition, this example is complete with its original accessories and guarantee stamped by Khimji Ramdas, the official retailer of Rolex in Muscat, Oman.

  • 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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957

Ref. 116520
A fine, attractive and “new-old-stock” stainless steel chronograph wristwatch with bracelet, engraved Khanjar caseback, guarantee and presentation box, made for the Sultanate of Oman

Circa 2015
40mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$250,000 - 500,000 
€29,200-58,400
$32,100-64,100

Sold for HK$406,400

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