1/16
Sold For
$42,900 USD

31 bids

No reserve
Auction Ended
10/07/22
On Oct 7, 4:00 PM UTC
Lot #1675

Rolex Cosmograph Daytona 16520 1997 'Winner 24 Hours Daytona'

This auction is subject to a 10% buyer’s premium on top of final bid amount (hammer price).

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Introduction

Perhaps one of the most iconic timepieces to have ever hit the market, the Rolex Daytona is widely recognized as one of the most desirable watches there is. Distinguished by its three generations, what we have here is the 2nd generation 5-digit reference, known as the "Zenith" Daytonas due to their movement (the Rolex cal. 4030) being a heavily modified version of the Zenith-supplied El Primero movement. Forgoing its date function, slowing the movement's frequency down to increase the power reserve, and featuring fewer parts to improve reliability, the cal. 4030 found within the Zenith Daytonas is one of the finest pieces of horological engineering to come out of the late 80s and 90s (1988-2000). Still a mechanically astute timepiece to this day, the Zenith Daytona exists through a wide variety of references, of which, the ref. 16520 is the purest. A wonderful expression of Rolex's engineering capabilities and the consistency in their iconic design language, the Zenith Daytona is the unsung hero in the Daytona's lineage. Still, it won't be for long when collectors begin to unravel the story and see the value these incredible timepieces hold. Since 1992, Rolex has sponsored the 24 Hours of Daytona race, and winners in each class have been awarded a Cosmograph Daytona as a prize. These watches are treasured by the winners as a testament to their driving prowess and serve as ultimate bragging rights amongst their peers.

Loupe This Scorecard

Grade

M 9

Status

Vetted & Approved

Included

Watch Only

Est. value range

$50,000 – $80,000

The Details

Brand

Rolex

Dimensions

40mm

Model

Daytona

Movement

Automatic cal. 4030

Reference

16520

Bracelet

Stainless steel Oyster bracelet

Year

1996

Condition

Near-Mint

Material

Stainless steel

Included

Watch only

Dial Color

White

THE DIAL

Fitted with the Daytona's most sought-after dial variant, this ref. 16520 features the white "Panda" dial with its charming tritium lume.

THE CASEBACK

Ever since Rolex became the official timekeeper of the "24-hours of Daytona" endurance race in 1992 — also now known as the Rolex 24 — the race's winners have been awarded a specially engraved Daytona Cosmograph.

TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

Watch is in near mint condition, exhibiting minor wear on the case and band. There are some marks on the back of the lugs where the springbars have rubbed, and some wear on the edges of the lugs. Caseback engraving is crisp and clean. Band shows some surface wear on polished links and some of the brushed surfaces. There is little stretch, and the band has 12 links total, 2 of which are removable.

Our Perspective

An incredibly important Daytona featuring a tangible link to the very racetrack that the Daytona is named after, the 24 Hours at Daytona winner's watches are some of the most highly-coveted Rolex timepieces on the planet. Drivers have often commented that the reason they participate in the 24 Hours Daytona race is to "Win the damned watch." Here is your opportunity to get the trophy without entering the race!