Rolex - Racing Pulse New York Saturday, December 12, 2020 | Phillips
  • Manufacturer: Rolex
    Year: Circa 2019
    Reference No: 116500LN
    Case No: 53KC0704
    Model Name: Mr. Wonderful`s Shark Tank Red Band Rolex Daytona
    Material: Stainless steel
    Calibre: Automatic, cal. 4130, 44 jewels
    Bracelet/Strap: Red rubber strap
    Clasp/Buckle: Stainless steel Rolex flip lock deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by a signed letter from Kevin O'Leary.

     

    Catalogue Essay

     

    Given the nature of show business, there are a lot of wardrobe discussions behind the scenes at CNBC’s entrepreneurial reality hit, Shark Tank—everything must be in its right place, right down to who is wearing what watch. With a variety of panelists helming the show, the new guest Sharks, ever-changing set design, and attire - all can vary drastically from one episode to the next. Television mainstay Kevin “Mr. Wonderful” O’Leary is an exception to the rule. He always wears the same uniform: black tie, white shirt, and dark suit with deftly coordinated tie pin, custom designed skull cufflinks, and the singular red Rubber B© watch strap.

    He always wears the same uniform: black tie, white shirt, and dark suit with deftly coordinated tie pin, custom designed skull cufflinks, and the singular red Rubber B© watch strap.

    For Season 12 of Shark Tank, the business magnate was tasked with selecting eight wristwatches to put in rotation and, without reluctance, his first pick was the classic Rolex Cosmograph Daytona with white dial and ceramic bezel, and his signature red watch band.

    This Rolex Daytona is a perennial favorite of the Shark Tank wardrobe team in no small part due to its camera appeal. The present watch, a reference 116500LN, was released to great expectations in 2016 and thrilled watch enthusiasts. It was the first stainless steel Daytona model featuring a Cerachrom bezel and became an instant success. Today, it still remains incredibly difficult to obtain due to the model's enormous demand thanks to its superb aesthetics and icon status.

    Generously donated by the Canadian entrepreneur and television personality, Mr. Wonderful’s Rolex Daytona with his signature Shark Tank red band is being sold to support the missions of One Drop and the Prince Albert II of Monaco Foundation.

     

     

  • The objectives supported by TIME COUNTS

     

    Tackling global water issues and improving the living conditions of some of the most vulnerable populations around the world.

    In the wake of COVID-19, there’s never been more pressure on the global community to address water issues. Handwashing being one of the most important behaviors to decrease the propagation of all kinds of viruses, it goes without saying that safe water needs to be accessible. Unfortunately, over 2.2 billion people lack access to safe water at home.  

     

    All net proceeds from the TIME COUNTS charitable initiative will go to improving the living conditions of the most vulnerable populations around the world by providing sustainable access to safe water and encouraging the adoption of healthy hygiene behaviors.  


    TIME COUNTS will also enable One Drop and the Prince Albert II of Monaco Foundation to fund a large-scale program resulting from a joint call for proposals launched earlier this year by both foundations. Applicant organizations have submitted projects to improve resilience and ensure sustainable and equitable access to safe water, sanitation, and hygiene (WASH) services for communities in need, with particular emphasis placed on issues affecting extremely poor and marginalized populations. The final selection will be announced in early 2021.  


    Together, let’s make the world a more sustainable place for all.


    Phillips will remit to One Drop and the Prince Albert II of Monaco Foundation the next proceeds from the Buyer’s premium.

     

     

    One Drop and the Prince Albert II of Monaco Foundation join forces for a vital cause.

  • The One Drop Foundation

     

    One Drop is an international foundation created by Cirque du Soleil and Lune Rouge founder Guy Laliberté, with the vision of a better world where all have access to living conditions that allow empowerment and development. Its mission is to ensure sustainable access to safe water, sanitation and hygiene for the most vulnerable communities through innovative partnerships, creativity and the power of art. Together with its partners, One Drop brings its unique Social Art for Behaviour Change™ approach to promote the adoption of healthy practices around water, sanitation and hygiene through locally inspired social art programs, empowering the communities to take ownership of the water projects over time. For this to be possible, One Drop creates novel fundraising initiatives supported by a visionary community of partners and donors. One Drop counts over 12 years of turning water into action with projects that will soon have transformed the lives of over 2.1 million people around the world.


    Onedrop.org

     

    Photo credit: Terry Hughes
  • The Prince Albert II of Monaco Foundation

     

    Inspired by his own observations and in the light of the alarming scientific evidence, H.S.H. Prince Albert II of Monaco made a personal commitment by launching, in 2006, his Foundation to act against the environmental dangers threatening our planet and making populations vulnerable. The Foundation focuses its efforts on three principal domains of action: climate change, biodiversity and water resources, and funds initiatives in the fields of research and studies, technological innovation and socially aware practices. In order to take action for the protection of nature, the Foundation supports projects in three main geographical regions: the Mediterranean Basin, the Polar Regions and the Least Developed Countries.


    www.fpa2.org

    • Manufacturer: Rolex
      Year: Circa 2019
      Reference No: 116500LN
      Case No: 53KC0704
      Model Name: Mr. Wonderful`s Shark Tank Red Band Rolex Daytona
      Material: Stainless steel
      Calibre: Automatic, cal. 4130, 44 jewels
      Bracelet/Strap: Red rubber strap
      Clasp/Buckle: Stainless steel Rolex flip lock deployant clasp
      Dimensions: 40mm Diameter
      Signed: Case, dial, movement and clasp signed
      Accessories: Accompanied by stainless steel Rolex Oyster bracelet, guarantee, original invoice, Rolex presentation box, and a signed letter from Kevin O'Leary.

    • Catalogue Essay

      Given the nature of show business, there are a lot of wardrobe discussions behind the scenes at CNBC’s entrepreneurial reality hit, Shark Tank—everything must be in its right place, right down to who is wearing what watch. With a variety of panelists helming the show, the new guest Sharks, ever-changing set design, and attire - all can vary drastically from one episode to the next. Television mainstay Kevin “Mr. Wonderful” O’Leary is an exception to the rule. He always wears the same uniform: black tie, white shirt, and dark suit with deftly coordinated tie pin, custom designed skull cufflinks, and the singular red Rubber B© watch strap.

      He always wears the same uniform: black tie, white shirt, and dark suit with deftly coordinated tie pin, custom designed skull cufflinks, and the singular red Rubber B© watch strap.

      For Season 12 of Shark Tank, the business magnate was tasked with selecting eight wristwatches to put in rotation and, without reluctance, his first pick was the classic Rolex Cosmograph Daytona with white dial and ceramic bezel, and his signature red watch band.

      This Rolex Daytona is a perennial favorite of the Shark Tank wardrobe team in no small part due to its camera appeal. The present watch, a reference 116500LN, was released to great expectations in 2016 and thrilled watch enthusiasts. It was the first stainless steel Daytona model featuring a Cerachrom bezel and became an instant success. Today, it still remains incredibly difficult to obtain due to the model's enormous demand thanks to its superb aesthetics and icon status.

      Generously donated by the Canadian entrepreneur and television personality, Mr. Wonderful’s Rolex Daytona with his signature Shark Tank red band, stainless steel Rolex Oyster bracelet, guarantee, original invoice, presentation box, and signed letter, is being sold to support the missions of One Drop and the Prince Albert II of Monaco Foundation.

    • Artist Biography

      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.

      View More Works

63

Lot offered with No Reserve

Ref. 116500LN
A fine and attractive stainless steel chronograph wristwatch with red strap, bracelet, guarantee, original invoice, presentation box and signed letter, donated by Kevin O’Leary to benefit the missions of One Drop and the Prince Albert II of Monaco Foundation

Circa 2019
40mm Diameter
Case, dial, movement and clasp signed

Full Cataloguing

Estimate
$8,000 - 12,000 
CHF7,100-10,700
€6,600-9,900
HK$62,000-93,000

Sold for $56,700

Contact Specialist

Paul Boutros
Head of Watches, Americas & International Strategy Advisor
Senior Vice President
+1 212 940 1293
pboutros@phillips.com

Racing Pulse

New York Auction 12 December 2020