Important Modern & Vintage Timepieces.

Geneva, Mar 21, 2020

LOT 111

ROLEX, REF. 116610, SUBMARINER MADE FOR THE 40 YEARS OF THE FRENCH SPECIAL FORCES "GIGN", STEEL

Very rare stainless steel, center seconds, self-winding diver's wristwatch with black ceramic bezel and GIGN logo engraved on the caseback.

Brand Rolex

Model Submariner

Reference Ref. 116610

Year Sold on March 2015

Bracelet Oysterlock stainless steel with deployant clasp Ref. 97200/ G3Z and Rolex Glidelock extension system

Numbers G012Y841

Caliber 3135

Dimensions 40mm.

Signature Case, dial and movement

Accessories Original box and papers

CHF 40,000 - 80,000

USD 41,000 - 82,500 / HKD 320,000 - 640,000

Sold: CHF 46,250


Grading System
Grade:
Case: 2-8

Very good

Slightly scratched

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-01

Very good

HANDS Original


Notes

According to our researches, only 120 Rolex Submariner with ceramic bezel and engraved case back where made to commemorate the 40th anniversary of the GIGN, with the engraving of the identification number of the member on the case-back. Created in the early 1970s, the GIGN (Groupe d'Intervention de la Gendarmerie Nationale) is an elite unit of the French National Gendarmerie, specialized in crisis management and dangerous missions requiring special know-how, particularly in the following areas: counter-terrorism and large-scale banditry intervention, hostage rescue and protection of threatened sites and persons. 
This is the first example to appear in auction