Rolex - The Hong Kong Watch Auction: XV Hong Kong Monday, November 28, 2022 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 1989
    Reference No: 16520
    Movement No: 18’981
    Case No: L506’701
    Model Name: Cosmograph Daytona, “4-liner”
    Material: Stainless steel
    Calibre: Automatic, cal. 4030, 31 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet stamped “78360”, endlinks stamped “503”, max length 200mm
    Clasp/Buckle: Stainless steel Rolex Oyster deployant clasp stamped “N3”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex guarantee stamped Ditta Pendini Giorgio dated 24th November 1990, instruction manual, product literature, hang tag, green passport holder, outer packaging and fitted presentation box.
    Literature: The present example is prominently published in Daytona Perpetual by Pucci Papaleo, page 150 and 151.

  • Catalogue Essay

    Produced in circa 1989, the present example bearing an L serial is from the rare and coveted early examples of Zenith Daytona. The first half of the production of the “L” series houses a 4-Liner dial with a MK I 200 units per hour bezel insert, followed by a very short run of MK II bezel like the present example, where the bezel was modified with a scale for 400, 250 and 225 indications, and “units per hour” has been relocated to 1 o’clock position. Adding attraction to this incredibly well-preserved example is the feature of an inverted 6 on the 12-hour register, making this one of the most desirable combinations from the series.

    The present example Rolex Cosmograph Daytona ref. 16520 from circa 1989 with a “L506’701” case number and a correct “18’981” movement number featuring a white dial and MK II bezel is offered with its full set of accessories and preserved in attractive overall condition boasting a sharp case. For lovers and collectors of rare and desirable Daytonas, this is not only a great example to complete the missing puzzle in the collection, but the very one that is published and archived in the famous bible Daytona Perpetual book by Pucci Papaleo.

  • 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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867

Ref. 16520
A very fine and rare stainless steel chronograph wristwatch with bracelet, “4-liner”dial guarantee and presentation box

Circa 1989
40mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$250,000 - 450,000 
€32,700-58,800
$32,100-57,700

Sold for HK$567,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2031
[email protected]

The Hong Kong Watch Auction: XV

28 - 29 November 2022 (Online Registration ends 27 Nov, 2pm HKT)