Rolex - The Hong Kong Watch Auction: XI Hong Kong Saturday, November 28, 2020 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 1988
    Reference No: 16523
    Movement No: 18’046
    Case No: L424’743
    Model Name: Cosmograph Daytona "4-Liner"
    Material: 18K yellow gold & stainless steel
    Calibre: Automatic, cal. 4030, 31 jewels
    Bracelet/Strap: Two tone 18K yellow gold and stainless steel Rolex Oyster bracelet stamped “78363”, endlinks stamped “403”, max length 200mm
    Clasp/Buckle: Stainless steel Rolex Oyster deployant clasp stamped “M8”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex guarantee dated 2nd November 1989 stamped Dickson Watch & Jewellery Co. LTD., Hong Kong, instruction manual, product literature, hang tag, green card holder, outer packaging and fitted presentation box.

  • Catalogue Essay

    The Rolex Cosmograph Daytona has achieved an iconic global status since its initial launch of the very first reference in the early 1960s. Ending a spectacular era for the manually-wound Daytona models, Rolex introduced their very first self-winding Daytona model in 1988 powered by the famous and newly developed Zenith El Primero based caliber 4030. Regarded as a major step up from its previous models, the aesthetics of the new model were also enhanced though retaining its important features.

    The very first examples of the reference from circa 1988 bears an “L” serial with distinctive features that separates it from the rest. The dial is perhaps where the rarity can be depicted. While regular examples of the reference featured 5 lines of text under the coronet, early examples were fitted with dials made by the famous Rolex supplier, Singer with only 4-lines of text under the coronet with the absence of “OFFICIALLY CERTIFIED”. Extremely rare, these dials were believed to have only been in production for less than a year between 1988 – 1989. Furthermore, early examples bearing a “L” serial were also fitted with a Mark I bezel with a 200 graduation, with later examples from 1989 bearing a 400 graduation bezel.

  • 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. 16523
A rare and very well-preserved two tone yellow gold and stainless steel chronograph wristwatch with “4-Liner” dial, bracelet, guarantee and presentation box

Circa 1988
40mm diameter
Case, dial, movement, bracelet and clasp signed

HK$240,000 - 320,000 

Sold for HK$403,200

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020