Lot 16
Lot Has Ended

ROLEX, TWO-TONE DAYTONA, REF. 16523

Estimate : USD 8,000 - 12,000
Description

ROLEX
TWO-TONE DAYTONA, REF. 16523

CIRCA: 1997
CASE MATERIAL: Stainless steel and gold
CASE DIAMETER: 39mm
BRACELET / STRAP MATERIAL: Stainless steel and gold Oyster bracelet
BRACELET SIZE: 8 inches / 203mm
DIAL: Champagne with diamond hour markers
MOVEMENT: Automatic
FUNCTIONS: Time and chronograph
CALIBER: 4030

Lot Notes

From a private collection

The condition of lots can vary widely and the nature of the lots sold means that they are unlikely to be in a perfect condition. Lots are sold in the condition they are in at the time of sale.

The case and bracelet are in good condition with scratches. The bezel has scratches. The case appears to be lightly polished and the bracelet has been polished. The whole bracelet is shiny not just the center links. The bracelet has stretch. The dial and hands appear to be original and in excellent condition. This watch has no. 403 end links and a 78393 bracelet. The inside of the case back is stamped 16500. The movement is in working order at the time of cataloging, consistent with the age of the watch. The movement has not been tested for accuracy. A service is recommended given the age of the watch.

The condition of lots sold can vary widely due to factors such as age, previous damage, restoration, repair and wear and tear. The nature of the lots sold means that they will rarely be in perfect condition. Lots are sold in the condition they are in at the time of sale.

The condition of lots sold can vary widely due to factors such as age, previous damage, restoration, repair and wear and tear. The nature of the lots sold means that they will rarely be in perfect condition. Lots are sold in the condition they are in at the time of sale.

Additional Charge Details

Additional charges, including buyer’s premium, local taxes, shipping expenses, loss damage liability fees, customs duty/import tax, and all other applicable charges will apply. You can view all of the tax, VAT, import tax, and customs duty costs associated with a lot by clicking on Total Cost Calculator under the bid button.

AN IMPORTANT UPDATE REGARDING NEW YORK SALES TAX

Christie's is required to collect New York sales tax for any property purchased in this sale if (a) either you or your agent (including a contract carrier) collect the property in New York (even if New York is not the final destination) or (b) Christie's arranges shipment of the property into New York State. The amount of New York sales tax varies depending on the location of the shipment within New York State. We recommend that you obtain your own independent tax advice if you have further questions.

For inquiries, please contact Christie’s Client Services at +1 212 636 2002 or +44 (0)20 7839 9060 or by email at watchesonline@christies.com.

Payment Information

You must pay the full amount due (including any additional charges) no later than March 16, 2017. This applies even if you wish to export the lot and an export license is required. You will not acquire title and own the lot until all amounts due to Christie’s have been received by Christie’s in full, cleared funds.
Purchases cannot be delivered to P.O. boxes. If you opt to collect your purchase(s) at the Christie’s location where the property is located, kindly email Christie’s Client Service Center at watchesonline@christies.com to schedule your collection at least 24 hours in advance and to secure any relevant forms. Payment must be made online prior to collection. Collection is only available at the Christie's location where the property currently resides. Should you send someone to collect your purchase(s) on your behalf, please complete a Letter of Authorization and send it to us at watchesonline@christies.com prior to collection. Your representative must present a valid picture ID at the time of collection, such as a driver’s license or passport.

Collection Notice
Due to impending weather in the New York area, collection of property will not be available on Tuesday, March 14th from the Christie's Rockefeller Office.

Lot Essay

The Rolex Daytona reference 16520 debuted in 1988 and was the first Daytona to house an automatic movement. Rolex used a heavily-modified Zenith El Primero movement to power the reference 16520. This new Daytona came in a larger case with a sapphire crystal and was available in stainless steel, yellow gold, and, for the first time, two-tone steel and yellow gold. This particular example is a reference 16523 from 1997 and features a beautiful champagne dial with diamond hour markers, two-tone steel and yellow gold case, and two-tone bracelet. The reference 16520 line was discontinued in circa 2001 when Rolex introduced their first in-house chronograph movement.

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