Rolex - The Hong Kong Watch Auction: XIII Hong Kong Thursday, November 25, 2021 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 2013
    Reference No: 116506
    Case No: 16L16765
    Model Name: Cosmograph Daytona
    Material: Platinum
    Calibre: Automatic, cal.4130, 44 jewels
    Bracelet/Strap: Platinum Rolex Oyster bracelet, max length 200mm
    Clasp/Buckle: Platinum Rolex Oyster deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex guarantee stamped Orologeria Charly Zenger, Switzerland dated 10th December 2013, instruction manual, product literature, green leather holder, presentation box and outer packaging.

  • Catalogue Essay

    Spotted on the wrists of some of the most important athletes in the world including Kevin Durant of Golden State Warrior, Spanish footballer Álvaro Negredo, and the legendary Michael Jordan — arguably the greatest basketball player of the century, the Rolex platinum Daytona reference 116506 is well-loved not without good reason.

    The reference 116506 was introduced at the Baselworld in 2013 to commemorate the 50th anniversary of the Rolex Cosmograph Daytona model, which is the first Daytona offered by the brand to be encased in the noblest of metal, platinum. Sporting an extremely attractive ice blue dial exclusively used on platinum models by Rolex, the Cerachrom bezel bears a charming hint of chestnut brown that transcends the whole appearance of the timepiece. Extremely high in demand, the present example belongs to the first batch to be delivered in 2013 during the launch of the reference. Preserved in a stunning condition worn no more than a handful of times, making this present ice blue Daytona an even more exquisite timepiece to own.

  • 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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804

Ref. 116506
An extremely fine and rare platinum chronograph wristwatch with ice blue dial, bracelet, guarantee and presentation box

Circa 2013
40mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$310,000 - 620,000 
€34,400-68,800
$39,700-79,500

Sold for HK$1,008,000

Contact Specialist

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

The Hong Kong Watch Auction: XIII

Hong Kong Auctions 25-26 November 2021