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: 116500LN
    Case No: 565X69Y2
    Model Name: Cosmograph Datyona
    Material: Stainless steel
    Calibre: Automatic, cal. 4130, 44 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, max length 195mm
    Clasp/Buckle: Stainless steel Rolex Oyster deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex guarantee stamped Khimji Ramdas LLC Sultanate of Oman dated 21st February 2019, instruction manual, product literature, Sultanate of Oman greetings card, hang tags, green card holder, Sultanate of Oman outer packaging and fitted presentation box.

  • Catalogue Essay

    Introduced at the 2016 Baselworld, the reference 116500LN replaced its predecessor reference 116520. With each new launch of a reference, Rolex guarantees innovation and new improvements for collectors to look forward to. Fitted with an in-house Rolex chronograph movement, reference 116500LN was Rolex's very first stainless steel Cosmograph Daytona to feature a Cerachrom bezel. Two dial versions were available for the stainless steel model - either black or white. An absolute instant success with clients immediately filling up the waiting list at retailers. Today, it is still incredibly difficult to obtain one due to the model's good looks and cult status.

    Rest assured that the present Rolex Cosmograph Daytona ref. 116500LN is certainly not the usual example. Heightened its status, an even more desirable collectability lies on the reverse of the timepiece. Featured on the caseback is the engraving of the “Khanjar”, it is no secret that these timepieces with the special emblem was commissioned by His Majesty Sultan Qaboos. Offered in unworn condition, the present example from circa 2019 is further complete with its rare and original greetings card from the minister of 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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958

Ref. 116500LN
A very fine, rare and well-preserved stainless steel chronograph wristwatch with engraved Khanjar caseback, bracelet, guarantee and presentation box, made for the Sultanate of Oman

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

Estimate
HK$280,000 - 600,000 
€32,700-70,100
$35,900-76,900

Sold for HK$444,500

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