Live Auction 14846Rare Watches and American Icons
Rolex. An Extremely Rare Stainless Steel Automatic Chronograph Wristwatch with Bracelet and "Floating Cosmograph" Dial
Lot 55

Rolex. An Extremely Rare Stainless Steel Automatic Chronograph Wristwatch with Bracelet and "Floating Cosmograph" Dial

Signed Rolex, Retailed By Tiffany & Co, Oyster Perpetual, Cosmograph Daytona., Ref. 16520, Case No. L'244'759, Circa 1989

Closed21 June 2017

Price Realised

USD 97,500

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Rolex. An Extremely Rare Stainless Steel Automatic Chronograph Wristwatch with Bracelet and "Floating Cosmograph" Dial
Signed Rolex, Retailed By Tiffany & Co, Oyster Perpetual, Cosmograph Daytona., Ref. 16520, Case No. L'244'759, Circa 1989
Movement: Automatic, Cal. 4030, 31 jewels
Dial: Black, luminous baton numerals, luminous hands, three subsidiary dials
Case: Stainless steel, screw back, screw down crown, two screw down chronograph buttons in the band, inside case back stamped 16520, 39mm diam.
Bracelet/Clasp: Rolex Oyster bracelet and deployant clasp, stamped 78360 and 503 to the endlinks, overall approximate length 8 inches
Accompanied by: A Guarantee from official Rolex retailer, Rhodium, dated June 29, 2016, product literature, a Rolex card holder, a Rolex presentation box and outer packaging

Specialist note

This remarkable timepiece is an example from 1989, the second year of production of the automatic Daytona as distinguished by the L serial number and early type tachometer bezel calibrated for 200 units per hour. Furthermore, the watch is retailed by Tiffany & Co.: an extremely rare feature for such a dial configuration. As a matter of fact, this example appears to be the only known such watch bearing the Tiffany signature on the dial. With a 39 mm. case, the present watch is adorned by the so-called "floating" Cosmograph designation - also known as staccata dial: that is, the gap between the fourth and fifth line is wider than the gaps between the other lines, so that the word Cosmograph is "floating" from the rest.