ROLEX | COSMOGRAPH DAYTONA, REFERENCE 16516 A HISTORICALLY IMPORTANT AND POSSIBLY UNIQUE PLATINUM CHRONOGRAPH WRISTWATCH WITH LAPIS LAZULI HARDSTONE DIAL, CIRCA 1999 " | 勞力士 | Cosmograph Daytona 型號16516 極具歷史價值及獨特鉑金計時腕錶，備青金石錶盤，錶殼編號A171132，約1999年製"
Estimate: 4,000,000 - 8,000,000 HKD
Estimate: 4,000,000 - 8,000,000 HKD
COSMOGRAPH DAYTONA, REFERENCE 16516
A HISTORICALLY IMPORTANT AND POSSIBLY UNIQUE PLATINUM CHRONOGRAPH WRISTWATCH WITH LAPIS LAZULI HARDSTONE DIAL, CIRCA 1999
Cosmograph Daytona 型號16516
Dial: lapis lazuli hardstone
Calibre: cal. 4030 automatic, 31 jewels
Case: platinum, screw down case back
Case number: A171132
Closure: turquoise Rolex calf strap and platinum folding clasp
Size: 40 mm diameter
Signed: case, dial and movement
Accessories: Rolex presentation box
The movement is in working condition at the time of cataloguing. The dial is intact and in excellent overall condition. The bezel with light surface wear. The case also with light surface wear. The numbers between the lugs are very crisp and easy to read. There is strong platinum marks underneath the lugs. The band with light surface wear. The case back with inscription which reads "Pour J-F Gobbi XII 1998" and with minor surface wear to the case back. The case with very good proportions. The platinum deployant clasp with light surface wear. The Rolex calf strap with wear. Overall the watch is extremely crisp and in excellent overall condition.
Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts.
You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band.
Prospective bidders should review the Conditions of Business, Authenticity Guarantee, the Guide for Prospective Buyers, and any Important Notice in the sale catalogue.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."
**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping."
Consigned by a private collector and fresh to the market, the present reference 16516 is one of the most exclusive and attractive examples of a Cosmograph Daytona powered by Zenith movement caliber.
Manufactured by Rolex in 1999, this is the only known platinum Daytona with lapis lazuli hardstone dial. It is also important to note that this watch has the same reference number 16516 and A serial number, which is consistent with the only other known platinum Daytona sold by Sotheby's in 2018 for USD 871,000.
There are many interesting attributes about this watch that make it highly unusual. First and foremost, the dial is made of lapis lazuli hardstone and the case is crafted from platinum, the world's most noble metal. The watch is inscribed on the case back and dated XII 1998. Sotheby's is absolutely thrilled to present this exceptionally rare and highly important Rolex Daytona with Zenith movement for the first time to the market.