Only Online Auction

Geneva, Apr 07, 2021

LOT 121

Ref. 2811, chronograph, minute counter; “Antimagnetic”; stainless steel

CHF 13,000 - 26,000

EUR 12,000 - 24,000 / USD 14,400 - 28,700 / HKD 112,000 - 224,000

Sold: CHF 17,500

Stainless steel, manual-winding, tonneau-shaped, anti-magnetic, gentleman’s wristwatch, snap-on case-back, round flat bezel, silver colour dial with subsidiary seconds at 9 and two horological complications:
· 1/5 second chronograph (activated by the two rectangular-shaped push-pieces) with tachometric scale graduated for 1 000 metres and telemeter scale graduated for one kilometre
· Half-instantaneous 30-minute counter (subsidiary dial at 3 o’clock)

Grading System
Grade: AAA


Case: 3-8


Slightly scratched

Movement: 3*


Overhaul recommended, at buyer's expense

Dial: 3-6-01


Slightly oxidized

HANDS Original

Brand Rolex, Geneva

Model “Antimagnetic”

Reference 2811

Year circa 1942

Movement No. unnumbered

Case No. 040 807

Material stainless steel

Bracelet brown leather strap

Buckle stainless steel buckle

Diameter 32.5 mm. (bezel)

Caliber 13’’’ (based on Valjoux 23 by Reymond Frères, Les Bioux, Vallée de Joux)

Height 40.9 mm.

Width 32.5 mm

Signature dial, case and movement


Rolex, Ref. 2811

This reference seems to have been produced in only 500 examples between 1937 and the early 1940s. It is one of the rarest early Rolex chronographs.

It is very similar in size and design to the Patek Philippe Ref. 530; it has a flat bezel, olive-shaped or rectangular push-pieces, and very often has beautiful multi-scale dials with sometimes blue inscriptions.


· Ore d’Oro 2, p. 87.

· Patrizzi, Osvaldo, Collecting Rolex Wristwatches, Genova, Guido Mondani Editions, 2001, pp. 392-481.

· Papaleo, Pucci, I Cronografi Rolex, La Leggenda, pp. 94-101.


The purchase price payable by a buyer will be the sum of the final bid price plus the buyer’s premium, together with any applicable sales or compensating use tax. In addition to the hammer price, the buyer’s premium is payable as follows: 25% of the hammer price on each lot.

Important notice – Special conditions Please look carefully at all the photos as they are an integral part of the description. Any defect not mentioned in the descriptions but visible on the photos will be considered as described and cannot lead to any claim. The dimensions are given as an indication and may slightly differ from the measures mentioned by the manufacturers especially for contemporary watches. The photos are not retouched. Colors may differ from reality. For timepieces, we guarantee neither the functioning nor the precision of the movement, nor the water-resistance of the case. In addition, please note that movements, parts of mechanisms or cases may be incomplete. The lots are sold “as is”, described to the best of our knowledge and cannot be returned. Once the online bid is placed by the bidder, it cannot be cancelled.