The Hong Kong Watch Auction: TWO | Page 294

236 . Rolex
A fine and rare stainless steel chronograph wristwatch with suspended logo , porcelain dial and bracelet
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Manufacturer Rolex Year 1989
Reference No . 16520 Movement No . 11 ’ 125 Case No . R884430 Model Name Cosmograph Daytona Material Stainless steel Calibre Automatic , 4030 ,
31 jewels
Bracelet / Strap Stainless steel Rolex Oyster bracelet , 180 mm . maximum length , end link stamped 503
Clasp / Buckle Stainless steel Rolex folding deployant clasp Dimensions 38 mm . diameter Signed
Case , dial and movement signed
Estimate HKD 220,000-400,000 USD 28,000-50,000
Accessories With Rolex service receipt dated 21 May 2007 .
Literature For another example of a reference 16520 with porcelain dial and suspended logo , please see Ultimate Rolex Daytona by Pucci Papaleo , page 540 to 543 .
In the late 80s during the evolution of the automatic Daytona , early examples can be found where the ‘ Cosmograph ’ signature is suspended below the four lines of text above it and the word ‘ Cosmograph ’ appears to float . The present reference 16520 has been kept in very well preserved condition and is fitted with a special porcelain dial featuring the ‘ floating ’ signature .