
Reference 16520 'Floating Cosmograph Zenith' Daytona | A stainless steel automatic chronograph wristwatch with bracelet, Circa 1989
Auction Closed
December 8, 10:03 PM GMT
Estimate
24,000 - 48,000 USD
Lot Details
Description
Dial: black
Caliber: cal. 4030 automatic, 31 jewels
Case: stainless steel, screw down back
Case number: L'244'657
Closure: stainless steel Rolex Oyster bracelet with folding clasp
Size: 40 mm diameter, bracelet circumference approximately 190 mm
Signed: case, dial, and movement
Box: yes
Papers: yes
Accessories: Rolex presentation box with outer packaging, Official Chronometer Attestation (punched) dated 18 September 1992, booklets, leather bi-fold and cardholder, and hang tags
The Rolex Reference 16520, also known as the Zenith Daytona by collectors, derives its name from the Zenith movement utilized in the watch, and holds the title of being the first automatic movement cased in the Daytona model. The Zenith caliber 4030 was the last outsourced movement supplied to Rolex for their chronograph range and Rolex's subsequent transition into in-house movements makes the Zenith Daytona extremely sought after by Rolex collectors.
Throughout its production from 1988 to 2000, the Reference 16520 underwent five distinct evolutions as Rolex continuously refined its design. The present example features the desirable Mark 1 dial, distinguished by two traits that make this early automatic Daytona particularly collectible. Most notably, the word Cosmograph is positioned noticeably lower than the four lines of text above, creating the so-called “Floating Cosmograph” configuration, seen only in the first couple years of production. In addition, it features the sought-after “inverted 6” on the 6 o’clock subdial. While subtle, these details hold significant weight in the world of vintage Rolex collecting, enhancing both the rarity and desirability of this already iconic reference.
We are pleased to offer the present Reference 16520 complete with its full suite of accessories in wonderful condition.