Important Modern & Vintage Timepieces

Monaco, Jul 25, 2023

LOT 197*


EUR 45,000 - 75,000

USD 49,000 - 82,000 / HKD 384,000 - 640,000 / CHF 44,100 - 74,000

A fine and rare stainless steel self-winding chronograph wristwatch with black inverted 6 floating dial, 3 registers.

This Lot is submitted to commissions and taxes :
If the lot is delivered within the EU:
a 20% import VAT is due on the hammer price with buyer’s premium, plus 120€ for termination of temporary export, at buyer’s expense.
If the lot is delivered outside EU:
120€ for termination of temporary export is due,at buyer’s expense
Grading System
Grade: AAA


Case: 2-08

Very good

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-01

Very good

HANDS Original

Brand Rolex, Switzerland

Model Cosmograph Daytona

Reference 16520

Year 1989

Case No. L346335

Material Stainless steel

Bracelet Rolex steel bracelet, 130 mm. (approx.)

Diameter 40 mm.

Caliber 4030

Signature Dial, case and movement

Accessories Box, outer box, guarantee, tags, additional link, leather Rolex green holder card, booklets


Since the creation of its famous Cosmograph Daytona, in 1963, Rolex tried endlessly to develop an automatic movement for its chronographs. Then, the manufacture called upon Zenith. From this partnership, the reference 16520 was born, in 1987. Officially launched in 1988, this was the first Daytona to adopt an automatic movement called "Zenith El Primero". The Zenith-based caliber 4030 has 36,000 oscillations per second, twice as many as the caliber 11, giving it remarkable regularity and accuracy. The reference stayed in production until 2000. The present example, being from the L series, that is to say from 1988-1989, is one of the first produced. It features a “floating dial”, meaning there is a small space between the writings « Superlative Chronometer Officially Certified » and “Cosmograph”.