View full screen - View 1 of Lot 10. Reference 16520 'Floating Cosmograph Zenith' Daytona | A stainless steel automatic chronograph wristwatch with bracelet, Circa 1989.

Rolex

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.