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Rolex Daytona 116589

Source: Sotheby's
Date: Jun 10, 2025 - Jun 10, 2025
Lot Number: 47
Condition: -
Year of Production: 2000
Case Size: 40mm
Case Material: 18k white gold
Dial Color: Turquoise
Bracelet/Strap: Lizard
Movement Type: Automatic
Box: Yes
Papers: Yes
Location: United States
Description

Rolex Reference 116589 Daytona 'Turquoise' | A possibly unique white gold and diamond-set automatic chronograph wristwatch with turquoise dial, Circa 2000

Dial: turquoise Caliber: cal. 4130 automatic, 44 jewels Case: 18k white gold and baguette diamond-set, screw down case back Case number: K’576’250 Closure: original turquoise blue lizard skin straps with 18k white gold folding clasp Size: 40 mm diameter Signed: dial, and movement Box: yes Papers: yes Accessories: Rolex presentation box with outer packaging, Official Chronometer Certification dated 29 December 2004 (punched), card holder, and Rolex Service Center invoice dated 15 April 2025Excluding the mythical references 6270 and 6269, Rolex rarely adorned its chronograph models with precious stones. However, with the advent of the automatic Daytona, the brand gradually embraced more elaborate gem-set designs, responding to evolving market tastes. In 2000, following more than a decade of using the Zenith El Primero-based caliber 4030, Rolex introduced its own in-house caliber 4130 for the automatic Daytona. With this transition came a noticeable uptick in the production of gem-set, hardstone dial, and precious metal variants—ushering in a steady stream of opulent interpretations of the iconic Cosmograph Daytona. The present example, reference 116589 from 2000, is a particularly rare and striking configuration. Cased in 18K white gold, it features a baguette diamond-set bezel and a vivid turquoise dial. As turquoise is a naturally occurring stone, no two dials are ever the same. Each dial varies subtly in hue and texture, making every watch a unique piece. Given its softness and porosity, only the highest quality turquoise is suitable for watch dials—dense enough to be cut and shaped without compromising the stone. Accompanied by its original presentation box, guarantee papers, and Rolex service papers, this exceptional Daytona not only showcases a factory-set turquoise dial and diamond bezel but also holds the distinction of being the only known example to have surfaced at auction. Possibly unique as an early off-catalog release, it embodies extravagance with unmistakable elegance—a true jewel of the Rolex universe, ready to be treasured by its next custodian. Off-catalog Rolex releases, also known as custom or special editions, are exclusive and typically not listed on the official Rolex website. These watches are often created for specific clients or occasions, making them highly sought after and difficult to obtain. Examples of off-catalog releases include the Rolex Daytona "LeMans" and the Daytona "Baguette Rubies" Edition.

Collectible Features |Rolex Daytona 116589

Discover all the different variants of this specific reference that can enhance, or limit, this watch's value and collectability.
Arabic Numerals
Numerals displayed in Arabic style (1, 2, 3, etc.).
Meteorite Dial
A dial made from a slice of meteorite, offering a unique pattern.

Price Chart

Rolex Daytona
116589 | White gold
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Price Chart

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