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Property from a Japanese Collector

822Σ

Rolex

Ref. 16589SACI

Cosmograph Daytona

A very rare and attractive diamond and sapphire-set white gold chronograph wristwatch with baguette-cut sapphire bezel, guarantee and fitted presentation box

Estimate
HK$630,000 - 1,300,000
€69,400 - 143,000
$80,800 - 167,000
HK$2,016,000
Lot Details
Manufacturer
Rolex
Year
Circa 1998
Reference No
16589SACI
Case No
U355’790
Model Name
Cosmograph Daytona
Material
18K white gold, diamonds and sapphires
Calibre
Automatic, cal. 4030, 31 jewels
Bracelet/Strap
Crocodile
Clasp/Buckle
18K white gold Rolex Oyster deployant clasp
Dimensions
40mm diameter
Signed
Case, dial, movement and clasp signed
Accessories
Accompanied by Rolex guarantee stamped by German retailer Wilhelm Nonhoff dated 15th December 1999, Japanese retailer Mondiale Ginza purchase guarantee, leather holder, leather passport holder, 2000-2001 calendar card, instruction manual, hangtags, additional crocodile strap, fitted presentation box and outer packaging.
Catalogue Essay
The birth of the Rolex modified Zenith automatic self-winding movement Cosmograph Daytona in 1988 embarked a whole new approach to the idea of a sports chronograph by adding jewels to the crown brand. From the bejewelled reference 6270 and 6269, Rolex began to offer their iconic models without a shy of extravagance. Requiring specific techniques and methods to execute cutting, polishing and setting, each gemstone involves talented artistry and craftsmanship behind each hand-set bedazzled timepieces. In 1997, the range of exotic haute-jewellery Daytonas further expanded with reference 16589 most notably cased in white gold with baguette-cut stone bezels paired with a matching leather strap and flip-lock deployant buckle signified with the number “8”.

Adorned with 24 baguette-cut sapphires set uniformly on the sectioned bezel with an opulent twist, the present ref. 16589 SACI is fitted with a stunning full paved diamond dial, like twinkles in a blue lagoon, 8 individual sapphire-set hour markers contrasted with a modern touch of Arabic numerals shimmers in grace. Incredibly eye-catching and dazzling, the present timepiece in a cool attire of blue is preserved in excellent condition with strong and crisp hallmarks behind the lugs. Offered by a Japanese collector, the present ref. 16589SACI is an absolutely well-preserved heirloom, the case still retains its original green factory sticker attesting to its original condition. Furthermore, the timepiece is accompanied with its original guarantee and full set of accessories.

Rolex

Swiss | 1905
Founded in 1905 England by Hans Wilsdorf and Alfred Davis as Wilsdorf & Davis, it soon became known as the Rolex Watch Company in 1915, moving its headquarters to Geneva in 1919. Like no other company, the success of the wristwatch can be attributed to many of Rolex's innovations that made them one of the most respected and well-known of all luxury brands. These innovations include their famous "Oyster" case — the world's first water resistant and dustproof watch case, invented in 1926 — and their "Perpetual" — the first reliable self-winding movement for wristwatches launched in 1933. They would form the foundation for Rolex's Datejust and Day-Date, respectively introduced in 1945 and 1956, but also importantly for their sports watches, such as the Explorer, Submariner and GMT-Master launched in the mid-1950s.One of its most famous models is the Cosmograph Daytona. Launched in 1963, these chronographs are without any doubt amongst the most iconic and coveted of all collectible wristwatches. Other key collectible models include their most complicated vintage watches, including references 8171 and 6062 with triple calendar and moon phase, "Jean Claude Killy" triple date chronograph models and the Submariner, including early "big-crown" models and military-issued variants.
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