ROLEX | 'ZENITH' DAYTONA, REF 16520STAINLESS STEEL CHRONOGRAPH WRISTWATCH WITH FLOATING COSMOGRAPH AND BRACELETCIRCA 1988

Dial: whiteCalibre: cal. 4030 automatic, 31 jewels Movement number: 14749Case: stainless steel Oyster case, screw-down crown, pushers and backCase number: L240242Closure: stainless steel Rolex Oyster bracelet and folding claspDimensions: 40 mm, bracelet circumference approx. 170 mmSigned: case, dial and movementAccessories: Rolex presentation case

MVT: running at the time of cataloguing and the chronograph functioning. CASE: in good honest condition with sharp lugs and nice proportions. There are many surface scratches and pinhead dings visible to the naked eye. There are a few numerals on the bezel with some loss of paint and there is some light wear to the outermost edge of the glass. Bracelet with light stretching, reference 78360, and the endlinks stamped 503. DIAL: in very good condition. The luminous material is uniform and no longer reacts to UV light. There is a fine surface scratch and a round elongated blemish visible within the subsidiary dial at 6 o'clock. Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts. You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band. Prospective bidders should review the Conditions of Business, Authenticity Guarantee, the Guide for Prospective Buyers, and any Important Notice in the sale catalogue.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping."

This automatic Daytona with L series serial number was manufactured in the first year of the new automatic Daytona’s production. Introduced at the Basel fair in 1988 this example has some very noteworthy attributes. Firstly, the rare bezel is calibrated to 400 units. Secondly, the dial carries the rare suspended logo where the Cosmograph signature magically floats below the Superlative designations.