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    Sale 1413

    Rare Watches Including Important Private Collections

    16 May 2016, Geneva

  • Lot 51

    Rolex. A fine, rare and early stainless steel automatic chronograph wristwatch with bracelet, Garantie, additional case back, additional bracelet and box

    SIGNED ROLEX, OYSTER PERPETUAL, COSMOGRAPH, DAYTONA, REF. 16520, MOVEMENT NO. 11’772, CASE NO. R900969, CIRCA 1988

    Price Realised  

    Estimate

    Rolex. A fine, rare and early stainless steel automatic chronograph wristwatch with bracelet, Garantie, additional case back, additional bracelet and box
    Signed Rolex, Oyster Perpetual, Cosmograph, Daytona, ref. 16520, movement no. 11’772, case no. R900969, circa 1988
    Cal. 4030 automatic movement, 31 jewels, black dial, applied luminous baton numerals, luminous hands, outer fifth of a second divisions, three subsidiary dials for constant seconds, 30 minutes and 12 hours registers on white chapter rings, tonneau-shaped water-resistant-type case, bezel with tachymetre scale calibrated to 200 units per hour, screw back engraved “Annalisa, 24 Gennaio 1989”, screw down crown, two screw down chronograph buttons in the band, stainless steel Rolex Oyster bracelet, deployant clasp, case, dial and movement signed
    40 mm diam.; overall length approx. 200 mm.


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    With Rolex Garantie dated 25-2-89 and stamped by Rome retailer Pelloni, additional Rolex Oysterlock bracelet, additional case back engraved “23 Ottobre 1996”, product literature, calendar card for the years 1987 and 1988, leather wallet, green leather fitted presentation box and outer packaging.

    The present watch is a very honest and early example of reference 16520 the first steel Daytona with automatic movement. The highly sought-after R series case identify it as made in 1987. The movement bears serial number 11’772, which is correct for this case number, thus erasing the possibility of a movement/case exchange. In addition, it correctly bears the first series bezel, with graduation to 200 units per hour. This version remained in production for a very short time, before being substituted by a bezel graduated to 400 units per hour.

    Furthermore, it is fresh to the market and consigned by the original owner, an Italian lady. In fact, the engraving on the back mentions the date January 24, 1989: one day before the date on the guarantee, indicating a slightly belated, although surely much appreciated, birthday present.

    Special Notice

    On lots marked with an + in the catalogue, VAT will be charged at 8% on both the premium as well as the hammer price.


    Pre-Lot Text

    THE PROPERTY OF THE ORIGINAL OWNER