The present watch is majestically cased in 18 karat yellow gold and features an awe-inspiring Mark V black dial. An array of unique traits makes the “Mark V” dial widely coveted and valued by watch collectors all over the world. First of all, the dial configuration was in production for a short period of approximately 2 years and fitted with a limited number of A and P serial Daytona watches, making the Mark V dial an extremely rare model to own. In addition, rather than tritium, luminova was applied on the hour markers. As a result, the “Mark V” dial, as seen on the present lot, does not have the "T SWISS T" designation at the six o'clock position, and instead it was labeled with "SWISS". Last but not least, Mark V was the last dial design used by Rolex for its 16520 and 16528 watches, before the brand replaced the present model with the new reference 116520 in the year 2000.

Produced in 1999, the present watch is likely one of the final pieces created before Rolex concluded the oeuvre of 16520 and its yellow gold version 16528. The present watch is certainly one of the most unobtainable and exclusive Daytona watches, thanks to the original “16528” factory label that is nicely preserved on the case back. The case and dial of the present watch are in overall excellent condition, making it a splendid asset to add to any collection.