Rolex’s first automatic Daytona was introduced in 1988. Housing the iconic Zenith-based caliber 4030, it featured a larger case and was fitted with a sapphire crystal. The watch immediately became a cult classic and garnered an immediate waiting list at Rolex retailers. The gold version reference 16528 was a luxurious alternative to its stainless steel counterpart reference 16520.

First generation examples like the present watch displayed “Cosmograph” floating below “Rolex Oyster Perpetual Superlative Chronometer Officially Certified”. This variant is known as the “floating dial”. During the model’s initial production years, the dials were made with white lacquer. However, most probably due to cost of creating such dials, very few were made. A “tell-tale” sign of ‘porcelain dials’ is the three-dimensional appearance of the black graphics and slightly off-white color of the background.

One of the most impressive examples of its kind to appear on the auction market, this timepiece is fitted with an original early bezel, which is calibrated to 200 units. Preserved in most probably unpolished condition, the watch displays all its original factory finishes, from the bevel on the bezel to deep and untouched hallmarks. The bracelet exhibits a beautiful copper-like patina, adding an undisputed layer of charm to the timepiece. Furthermore, it retains all its original accessories, such as the punched guarantee.