Priority Bidding is here! Secure a lower Buyer’s Premium today (excludes Online Auctions and Watches). Learn More
Property of the Original Owner

829Σ

Rolex

Ref. 16588SARO

Cosmograph Daytona

An extremely well-preserved, highly rare and impressive yellow gold chronograph wristwatch with pavé diamond-set dial, pink sapphire-set indexes and bezel, guarantee and presentation box

Estimate
HK$600,000 - 1,200,000
€68,100 - 136,000
$76,900 - 154,000
HK$2,286,000
Lot Details
Manufacturer
Rolex
Year
Circa 1995
Reference No
16588SARO
Case No
W030’092
Model Name
Cosmograph Daytona
Material
18K yellow gold, pink sapphires and diamonds
Calibre
Automatic, cal. 4030, 31 jewels
Bracelet/Strap
Crocodile
Clasp/Buckle
18K yellow gold Rolex Oyster deployant clasp stamped “16518” and “W”
Dimensions
40mm diameter
Signed
Case, dial, movement and clasp signed
Accessories
Accompanied by Rolex guarantee stamped Eldorado Watch Hong Kong dated 9th May 1997, original purchase invoice, additional brown leather strap, leather card holder, 1997-1998 calendar, leather notepad, pen, instruction manual, product literature, hang tags, fitted presentation box and outer packaging.
Catalogue Essay
Nobody doubts Rolex when it comes to their meticulous art of setting well-matched and stunning stones in their watches. Since the 1980s, the brand has perfected the integration of precious materials with sports watches, giving rise to an entirely new genre of tool watches that are glamorous, luxurious and eye-catching. The present 16588 features a dazzling factory original version of the iconic Cosmograph Daytona, with a striking baguette-cut pink sapphire-set bezel that immediately captivates the eye.

This reference also boasts a bezel designed with fixed gold bars, perfectly aligning with the diamond-set dial’s pink sapphire hour markers. The 5-digit reference indicates that the watch houses the caliber 4030—Rolex’s first self-winding chronograph movement based on the Zenith El Primero, which imbues the watch with a vintage charm.

Notably, the present watch is offered by the original owner, who purchased it in 1997 for a substantial HKD 412,750. Worn only a couple of times, it was subsequently set aside as a collector’s piece due to its significance. For 28 years, it has remained untouched, resulting in a case that has never been polished and has developed a lovely layer of patina. The caseback sticker remains in mint condition, without any discoloration and firmly adhered to the caseback.

Not only has the watch been preserved like a time capsule, but its accompanying accessories are also in pristine condition. It comes as a complete set, including the guarantee, original purchase invoice, calendar card, a red leather notepad, and a pen. Clearly, reference 16588 has already achieved classic status, as it belongs to a generation of Daytonas when intricate case and dial decorations were rare and always reserved for the most important clients of Rolex. Finding a full set example in near-mint condition is extraordinarily uncommon.

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.
Browse Maker