Rolex - The Hong Kong Watch Auction: XIX Hong Kong Saturday, November 23, 2024 | Phillips
  • Manufacturer: Rolex
    Year: Circa 1992
    Reference No: 16718, inside caseback stamped “16710”
    Movement No: 6'032'123
    Case No: N281’391
    Model Name: GMT-Master II
    Material: 18K yellow gold
    Calibre: Automatic, cal. 3185, 31 jewels
    Bracelet/Strap: 18K yellow gold Rolex Oyster bracelet, endlinks stamped “45B”, max length 190mm
    Clasp/Buckle: 18K yellow gold Rolex Oyster deployant clasp stamped “7206” “R5”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed

  • Catalogue Essay

    The GMT-Master II collection stands as an iconic symbol of Rolex, instantly recognizable and beloved by many. The present example showcases a luxurious and striking yellow gold case, the champagne dial is set with diamonds and rubies. Furthermore, its brown bezel perfectly complements the warmth of the yellow gold.

    The watch houses the calibre 3185 which was the first Rolex movement to feature an independently adjustable 24-hour hand. A rare variant for the reference 16718, it was kept in private hands for over 9 years. The present timepiece is exceptionally well-preserved in an unpolished condition, its edges are sharp and retains desirable brushed finishing on the lugs.

  • 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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832

Ref. 16718, inside caseback stamped “16710”
A rare and attractive yellow gold dual-time wristwatch with date, center seconds, diamonds and ruby-set indexes champagne dial and bracelet

Circa 1992
40mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$110,000 - 230,000 
€13,000-27,100
$14,100-29,500

Sold for HK$241,300

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2030
WatchesHK@phillips.com
 

Gertrude Wong
Head of Sale, Hong Kong
+852 2318 2045
gertrudewong@phillips.com
 

The Hong Kong Watch Auction: XIX

Hong Kong Auction 23 - 24 November 2024