Rolex - Hong Kong Watch Auction: THREE Hong Kong Monday, November 28, 2016 | Phillips
  • Manufacturer: Rolex
    Year: Circa 1999
    Reference No: 16613
    Movement No: 3 8386106
    Case No: A925481, case further engraved 53/75
    Model Name: Submariner
    Material: 18k yellow gold and stainless steel
    Calibre: Automatic, 3135, 31 jewels
    Bracelet/Strap: 18k yellow gold and stainless steel Rolex Oyster bracelet, 180 mm. maximum length
    Clasp/Buckle: 18k yellow gold stainless steel Rolex folding twinlock deployant clasp
    Dimensions: 40 mm. diameter
    Signed: Case, dial and movement signed
    Accessories: With Rolex Garantie dated 20 May 2000, three original bill of sales dated 18 May 2000 and Certificate issued by Mercurio Joyeros stating the watch is 53 of a limited edition series of 75 watches.

  • Catalogue Essay

    The present wristwatch, retailed by Mercurio Joyeros, was made to celebrate and commemorate this special moment between US-Panama relations. Instead of the typical depth rating and Submariner markings, the dial features the Panama Canal logo above 6 o'clock. The watch was made in a limited edition series of 75 pieces, with the present watch numbered 53/75 to the case back. The watch, most surprisingly, still retains its original Rolex factory sticker to the case back and is preserved in very original condition. Rarer still, the current model is cased in both yellow gold and stainless steel. Most examples were produced with in stainless steel only, rendering the present watch incredibly rare and valuable.

  • 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. 16613
A very rare yellow gold and stainless steel wristwatch with sweep centre seconds, date, bracelet, original guarantee and certificate from Mercurio Joyeros, made to Commemorate the Transfer of the Panama Canal from United State to the Republic of Panama

Circa 1999
40 mm. diameter
Case, dial and movement signed

HK$160,000 - 240,000 

Sold for HK$300,000

Hong Kong Watch Auction: THREE

Hong Kong Auction 29 November 2016