Important Modern and Vintage Timepieces

New York, Dec 13, 2012

LOT 111

ROLEX REF. 16613 PANAMA CANAL NO. 46 STEEL & GOLD Rolex, Oyster Perpetual Date, Submariner, Panama Canal, Superlative Chronometer Officially Certified, No. 46 / 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 and 18K yellow gold chronometer wristwatch with date and a stainless steel and 18K yellow gold Rolex Fliplock Oyster bracelet.

USD 18,000 - 25,000

EUR 14,000 - 20,000

Sold: USD 27,500

C. Three-body, polished and brushed, screwed-down case back and crown, Triplock winding crown protected by the crown guard, graduated unidirectional revolving black bezel for the decompression times, sapphire crystal with cyclops lens. D. Black with applied yellow gold luminous round, baton and triangular indexes, aperture for the date, special "Panama Canal" logo at 6, outer minute division. Luminous steel skeleton hands. M. Cal. 3135, rhodium plated, 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. Approx. overall length 200 mm.


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Grading System
Grade:
Case: 2

Very good

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 1-01

As new

HANDS Original

Notes

This very rare watch was produced by Rolex, Geneva to commemorate the transfer of the Panama Canal from the US to the Republic of Panama on December 31, 1999. Only 75 units were manufactured and sold worldwide.