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  • Manufacturer: Rolex
    Year: Circa 1987
    Reference No: 1016
    Movement No: D653’838
    Case No: R215’700
    Model Name: Explorer
    Material: Stainless steel
    Calibre: Automatic, cal. 1570, 26 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet stamped 78360, endlinks stamped 580, max length 190 mm
    Clasp/Buckle: Stainless steel Rolex Oyster deployant clasp, stamped 78360 and J2
    Dimensions: 36 mm diameter
    Signed: Case, dial, bracelet and movement signed
    Accessories: Accompanied with punched guarantee stamped by Caronel Inc. on July 11, 1987, Rolex green leather fitted presentation box, service invoice and outer packaging

  • Catalogue Essay

    The reference 1016 is one of the most popular models coveted by Rolex collectors, as it flawlessly combines athletic look and dressy proportions. Featuring a Matte dial, the present watch has a robust appearance unmissable by watch enthusiasts.

    The example here is an R-serial, indicating a 1987 production. More importantly, the case is in excellent condition, and the lugs are well preserved. The reference 1016 was replaced by the reference 14270 in 1989, marking the end of plexiglass crystals for the Explorer line. Created in 1987, this present watch is one of the last examples of reference 1016.

  • 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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951

Ref. 1016
A fine and rare stainless steel wristwatch with sweep center seconds and bracelet, guarantee and presentation box

Circa 1987
36 mm diameter
Case, dial, bracelet and movement signed

Estimate
HK$120,000 - 200,000 
€13,300-22,100
$15,400-25,600

Sold for HK$150,000

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