ROLEX | COSMOGRAPH DAYTONA, REFERENCE 16520 A STAINLESS STEEL CHRONOGRAPH WRISTWATCH WITH BRACELET, CIRCA 1988" | 勞力士 | Cosmograph Daytona 型號16520 精鋼計時鏈帶腕錶，錶殼編號L347898，約1988年製"
Estimate: 120,000 - 200,000 HKD
COSMOGRAPH DAYTONA, REFERENCE 16520
A STAINLESS STEEL CHRONOGRAPH WRISTWATCH WITH BRACELET, CIRCA 1988
Cosmograph Daytona 型號16520
Calibre: cal. 4030 automatic, 31 jewels
Case: stainless steel, screw down case back
Case number: L347898
Closure: stainless steel Rolex Oyster bracelet and folding clasp
Size: 40 mm diameter, bracelet circumference approximately 180 mm
Signed: case, dial and movement
Accessories: Rolex presentation box
The movement is in working condition at the time of cataloguing. The chronograph function is working properly. The case is unpolished and is in excellent overall condition with only very light surface wear. The case back with very light wear caused from the bracelet. Otherwise it is in excellent 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."
Rolex introduced the first automatic Daytona in 1988, utilizing a heavily modified Zenith El Primero caliber. The high-frequency movement was paced-down to a more manageable 28'800 beats per hour and more than 200 modifications were made to turn the high quality caliber into a true Rolex tour-de-force. The early examples of ref. 16520 have become increasingly difficult to find, let alone in satisfactory condition.
The present example is a truly great example. It features a rare and early black 4-line dial, omitting the "Officially Certified" script and allowing the dial to breathe. The bezel itself also has outstanding pedigree, displaying the 225 graduation to its tachymeter scale. Collectors have become particularly attentive to such details over the years, leading such an extremely scarce Daytona to become an outstanding conversation piece and a solid foundation to a high-grade collection.