There is no escaping the power of the Swiss movement copy Rolex Daytona Perpetual. Where once it firmly sat in the shadows of its manually wound elders, the younger automatic chrono is coming out from the shadows and collectors are more widely beginning to take note of the incredible variation in models and references. The steel Zenith-era watches have been highly collectible for a number of years, but as the watch community looks to new avenues down which to explore, the precious metal watches and in-house calibre 4130 watches are also hotting up quicker than a sauna with a broken thermostat.
I’ve written pretty extensively before on the (so far) three out of the rumoured five examples of reference platinum fake Rolex 16516 Zenith-era Daytonas that have appeared at auction over the past few years. The latest housed a turquoise stone dial and sold for a staggering $3.1 million last month, which was actually just shy by $170k of the last 16516 with Lapis dial that sold for $3.27 million last year. The most recently sold Platona bears a canny resemblance to the reference 116519 Beach edition with turquoise stone dial that Rolex produced between 2000 and 2002. Arguably, the halo effect of the platinum watch has pushed Beach prices skyrocketing with two watch-only examples (without papers or the matching lizard skin box, notepad and wallet that they were originally sold with) selling this week and last at Sotheby’s for over $90k and $110k!
Phillips Hong Kong has just published the catalogue for the upcoming June sale and hidden amongst some very interesting watches is a yellow gold Daytona that is without question rare and quite possibly unique. I’m very fortunate to have some friends who are long-time Daytona Perpetual collectors and fanatics who quite often share some incredible watches with me. In this vein, a few weeks ago I received a couple of pics of a 1:1 copy Rolex watch that I had only heard mention of once. That watch is now published in the new Phillips catalogue and what a great watch it is!