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  • Manufacturer: Rolex
    Year: Circa 1990
    Reference No: 16520, case back stamped 16500
    Case No: L346’523
    Model Name: Cosmograph Daytona “Zenith”
    Material: Stainless steel
    Calibre: Automatic, cal. 4030, 31 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet stamped 78360, endlinks stamped 503, max length 190 mm
    Clasp/Buckle: Stainless steel Rolex deployant clasp, stamped 78360 and N3
    Dimensions: 40 mm diameter
    Signed: Case, dial, movement and bracelet signed
    Accessories: Accompanied with punched attestation stamped by Juweller Kühn on March 23, 1990, Rolex green leather fitted presentation box, product literature and calendar of 1989 and 1990

  • Catalogue Essay

    The present watch was created two years after the model debuted, featuring the L serial number which indicates a 1990 production year. The present lot is fitted with an alluring and very rare “Mark II” black dial in like new condition. There are several characteristics that make the “Mark II” so coveted and widely revered. Firstly, the dial configuration was in production for a short period of time and fitted on very few early L serial 16520 Daytona, making it an extremely scarce model to own. Secondly, the lettering “Officially Certified” is left out of the dial, a feature that distinguishes this dial from the previous Mark I design. Thirdly, the "Cosmograph" designation is now together with the rest of the writing on the top of the dial, different from the former “floating cosmograph” design.

    The subsidiary dials contain the same characteristics as the Mark I dial. Adding an element of intrigue, the early 16520 models, including the present watch, feature the upside down "6" digit on the lower subsidiary register. The present watch is fitted with a “Mark II” bezel, with scale up to 400 units/hour with measurements at intervals of 1 unit up to 100 and intermediate at 225 and 250.

    Its unmissable look and supreme technical prowess make the present watch a wondrous timepiece that not only has an interesting background, but is also adored by countless collectors around the world.

  • 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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From an important Asian collector

827

Ref. 16520, case back stamped 16500
A fine and extremely rare stainless steel chronograph Mk2 wristwatch with bracelet, warranty and presentation box

Circa 1990
40 mm diameter
Case, dial, movement and bracelet signed

Estimate
HK$150,000 - 300,000 
€16,600-33,100
$19,200-38,500

Sold for HK$650,000

Contact Specialist
Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
[email protected]

Ziyong Ho
Specialist
+852 9386 2032
[email protected]

Jill Chen
Specialist
+852 2318 2033
[email protected]

The Hong Kong Watch Auction: SEVEN

Hong Kong Auction 27 November 2018