Revolution: The Evolution of the Role...

New York, Apr 17, 2008

LOT 193

Panama Canal Rolex, Oyster Perpetual Date, "Submariner, Panama Canal" Superlative Chronometer Officially Certified, No. 31/75, Ref. 16610. Made in a limited edition of 75 pieces in 1999. Fine and extremely rare, center seconds, self-winding, water resistant, stainless steel wristwatch with a stainless steel Rolex Fliplock Oyster bracelet. Accompanied by its original warranty (now void), booklets, anchor and original fitted box.

USD 10,000 - 15,000

EUR 6,700 - 10,000

Sold: USD 90,000

C. Three-body, polished and brushed, screwed-down case back and crown, Triplock winding crown protected by the crown guard, back engraved: Capt. Juan Ramon Felin, graduated uni-directional revolving black bezel for the decompression times, sapphire crystal with cyclops lens. D. Black with applied luminous round, baton and triangular indexes, aperture for the date, special "Panama Canal" logo. Luminous steel skeleton hands. M. Cal. 3135, rhodiumplated, oeil-de-perdrix decoration, 31 jewels, straight line lever escapement, monometallic balance adjusted to temperatures and 5 positions, shock absorber, self-compensating free-sprung Breguet balance spring, Microstella regulating screws, hack mechanism. Dial, case and movement signed. Diam. 40 mm. Thickness: 13 mm.


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Grading System
Grade: AAA

Excellent
Case: 3-10

Good

Patinated
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 1-01

As new

HANDS Original

Notes

This very rare collector watch has been produced by Rolex Geneva to commemorate the transfer of the Panama Canal from US to the Republic of Panama on December 31, 1999. Only 75 units have been manufactured and sold worldwide. This watch is illustrated in ?1908-2008, 100 Years of Rolex?, by Franca and Guido Mondani, Guido Mondani Editore, Genova (Italy), 2008 Edition, p 199.