Important Modern & Vintage Timepieces

Geneva, Nov 11, 2012

LOT 455

ROLEX REF. 1016 EXPLORER STEEL Rolex, Oyster Perpetual, Explorer, Superlative Chronometer, Officially Certified, case No. L216501, Ref. 1016. Made in 1989, sold on September 20th, 1989. Fine, center seconds, self-winding, water-resistant, stainless steel chronometer wristwatch with a stainless steel Oyster bracelet. Accompanied by a fitted box and original guarantee (now void).

CHF 5,500 - 6,500

USD 6,000 - 7,000 / EUR 4,500 - 5,300

C. Three-body, polished and brushed, inclined bezel, screwed-down case back and crown. D. Black with luminous Arabic numerals and baton indexes, outer minute/seconds divisions. Luminous steel skeleton hands. M. Cal. 1570, rhodium-plated, 26 jewels, straight-line lever escapement, monometallic balance adjusted to temperatures and 5 positions, shock absorber, selfcompensating free-sprung Breguet balance spring, Microstella regulating screws, hack mechanism. Dial, case and movement signed. Diam. 36 mm. Thickness: 13 mm. Approx. overall length 170 mm.


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Grading System
Grade: AAA

Excellent
Case: 2

Very good
Movement: 2*

Very good

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

As new

HANDS Original

Notes

Made and sold in 1989, this watch marks the end of an era that lasted over 26 years for the reference 1016. In close to new condition this is a rare opportunity to purchase one of the last 1016 produced, complete with its original warranty before it was replaced by reference 14270.