Rolex - INTERSECT: Online Auction Hong Kong Thursday, March 24, 2022 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 1992
    Reference No: 16523
    Movement No: 51'604
    Case No: N442’240; inside caseback stamped “16500”
    Model Name: Cosmograph Daytona
    Material: 18K yellow gold and stainless steel
    Calibre: Automatic, cal. 4030, 31 jewels
    Bracelet/Strap: Stainless steel and 18K yellow gold Rolex Oyster bracelet stamped” 78363”, endlinks stamped “403”, max length 185mm
    Clasp/Buckle: Stainless steel and 18K yellow gold Rolex Oyster deployant clasp stamped “R3”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex guarantee stamped Tourneau Inc United States dated 8th November 1993, retailer warranty, instruction manual, product literature, hangtag, fitted presentation box and outer packaging.

  • Catalogue Essay

    Deemed by many as a major breakthrough for Rolex, the firm released the Cosmograph Daytona ref. 16500 series in 1988 being the first model to feature a self-winding movement none other than the revered Zenith El Primero based cal. 4030. Released in stainless steel, yellow gold as well as two tone stainless steel and yellow gold, the ref. 16500 series garnered a successful reception during its launch and remains as one of the most celebrated wristwatches today. The reference was discontinued in 2000 making way for the new ref. 116500 series housing Rolex’s first ever in-house caliber 4130.

    The present two-tone Cosmograph Daytona ref. 16523 fitted with a white dial bears an N serial from 1992, furthermore the dial features correct characteristics of early dials including the inverted 6 in the subdial at 6 o'clock with "T SWISS MADE T" underneath, and "OFFICIALLY CERTIFIED" at 12 o'clock. Offered with its original guarantee and accompanied with its full set of accessories, the present example is preserved in excellent overall condition and is a great opportunity for chronograph lovers seeking for a discontinued model.

  • 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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Ref. 16523
A fine and attractive two-tone stainless steel and yellow gold chronograph wristwatch with bracelet, guarantee and presentation box

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

Estimate
HK$78,000 - 115,000 
€9,100-13,500
$10,000-14,700

Sold for HK$201,600

Contact Specialist

Hin Hin Wong
Associate Specialist, 20th Century & Contemporary Art, Hong Kong 
+852 2318 2013
[email protected]

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

Charlene Lau
Head of Jewels, Hong Kong
+852 2318 2039
[email protected]

INTERSECT: Online Auction

Online Auction 24 - 31 March 2022