Rolex - The Hong Kong Watch Auction: SEVEN Hong Kong Monday, November 26, 2018 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 1999
    Reference No: 16528
    Case No: A378’765
    Model Name: Cosmograph Daytona
    Material: 18k yellow gold
    Calibre: Automatic, cal. 4030, 31 jewels
    Bracelet/Strap: 18K yellow gold Rolex Oyster bracelet, endlinks stamped 103, max length 190mm
    Clasp/Buckle: 18K yellow gold Rolex bracelet deployant clasp, stamped 78398
    Dimensions: 39 mm diameter
    Signed: Case, dial, movement and bracelet signed
    Accessories: Accompanied with punched warranty stamped by Juwelier Rüschenbeck KG on December 7, 1999, Rolex wooden fitted presentation box and outer packaging

  • Catalogue Essay

    The present watch is majestically cased in 18 karat yellow gold and features an awe-inspiring Mark V black dial. An array of unique traits makes the “Mark V” dial widely coveted and valued by watch collectors all over the world. First of all, the dial configuration was in production for a short period of approximately 2 years and fitted with a limited number of A and P serial Daytona watches, making the Mark V dial an extremely rare model to own. In addition, rather than tritium, luminova was applied on the hour markers. As a result, the “Mark V” dial, as seen on the present lot, does not have the "T SWISS T" designation at the six o'clock position, and instead it was labeled with "SWISS". Last but not least, Mark V was the last dial design used by Rolex for its 16520 and 16528 watches, before the brand replaced the present model with the new reference 116520 in the year 2000.

    Produced in 1999, the present watch is likely one of the final pieces created before Rolex concluded the oeuvre of 16520 and its yellow gold version 16528. The present watch is certainly one of the most unobtainable and exclusive Daytona watches, thanks to the original “16528” factory label that is nicely preserved on the case back. The case and dial of the present watch are in overall excellent condition, making it a splendid asset to add to any collection.

  • 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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964

Ref. 16528
A fine and very rare yellow gold chronograph wristwatch with bracelet, warranty and presentation box

Circa 1999
39 mm diameter
Case, dial, movement and bracelet signed

Estimate
HK$160,000 - 250,000 
€17,700-27,600
$20,500-32,100

Sold for HK$300,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
thomasperazzi@phillips.com

Ziyong Ho
Specialist
+852 9386 2032
ziyongho@phillips.com

Jill Chen
Specialist
+852 2318 2033
jillchen@phillips.com

The Hong Kong Watch Auction: SEVEN

Hong Kong Auction 27 November 2018