SJX Watches
Hands On: The Unique Rolex Daytona “Zenith” Platinum Ref. 16516
Sotheby’s upcoming Geneva auction that takes place on May 11 is a relatively compact affair. But the 124 lots includes notable highlights, with the top lot of the sale being the especially unique Rolex Daytona “Zenith” ref. 16516 in platinum with a pink mother-of-pearl dial. This watch is one of just four Daytonas combining the El Primero movement and platinum case – the only platinum specimens in the 16500-series Daytona – all of which were made at the behest of former Rolex chief executive Patrick Heiniger in 1999. Famous for being powered by the cal. 4030 derived from the Zenith El Primero, the 16500-series was the first-ever self-winding Daytona. The model was never commercially available in platinum; the four examples in platinum are truly unique. Moreover, each of the four are one-of-a-kind, each fitted with a different dial in exotic materials. Sotheby’s sold the prior three examples, starting with black mother-of-pearl in 2018, lapis lazuli in 2020, and turquoise in 2021. While those three featured applied Arabic numbers, this example has diamond hour markers. Initial thoughts The unique nature of this Daytona is unquestionable. Amongst automatic Daytonas this ranks amongst the rarest and most valuable. Two of its platinum siblings sold for over US$3 million each, making them the priciest modern-day Daytonas. Of the four platinum Daytonas, however, this example is the most paradoxical. It’s the most unusual in having diamond indices, but also the most...
