Rolex · reference 116589
Sotheby's, March 2025
Hammer result
HKD 952,500
about $122,585 at today's rate
21% below the high estimateThe lot
Auction house
Sotheby's
Sale
Important Watches II
Date
19 March 2025
Lot number
8501
Reference
116589
Brand
Rolex
Year
2001
Ask against realised
Across 5 dealer listings of reference 116589. The ask is what a dealer wants today, not a sale.
What this reference has made at auction
23 confirmed sales, 2013 to 2026
Average realised price per year, 2013 to 2026. Low $50,000, high $290,159.
| Year | Sales | Average | Range |
|---|---|---|---|
| 2026 | 1 | $129,693 | $129,693 to $129,693 |
| 2025 | 4 | $131,570 | $122,585 to $139,700 |
| 2024 | 2 | $162,379 | $130,554 to $194,205 |
| 2023 | 1 | $127,411 | $127,411 to $127,411 |
| 2022 | 1 | $290,159 | $290,159 to $290,159 |
| 2021 | 2 | $108,962 | $72,724 to $145,200 |
| 2020 | 1 | $50,000 | $50,000 to $50,000 |
| 2019 | 5 | $73,100 | $40,000 to $95,554 |
| 2018 | 1 | $68,326 | $68,326 to $68,326 |
| 2017 | 3 | $67,412 | $50,000 to $76,999 |
| 2014 | 1 | $58,086 | $58,086 to $58,086 |
| 2013 | 1 | $56,941 | $56,941 to $56,941 |
Confirmed sales only, converted to USD at today's rate so salerooms in different currencies can be compared. Unsold lots and withheld prices are excluded from the averages.
Other sales of this reference
8 shown, most recent first
| Watch | House | Date | Result |
|---|---|---|---|
| ROLEX. AN EXTREMELY RARE AND ATTRACTIVE 18K WHITE GOLD AND B | Christie's | May 2026 | HKD 1,016,000 ($129,693) |
| ROLEX. AN EXTREMELY RARE, VIBRANT AND ATTRACTIVE 18K WHITE G | Christie's | Dec 2025 | USD 139,700 ($139,700) |
| ROLEX. AN EXTREMELY RARE, VIBRANT AND ATTRACTIVE 18K WHITE G | Christie's | Dec 2025 | USD 133,350 ($133,350) |
| ROLEX. AN ATTRACTIVE 18K WHITE GOLD BAGUETTE-CUT SAPPHIRE AN | Christie's | Nov 2025 | HKD 1,016,000 ($130,645) |
| Rolex Ref. 116589 Cosmograph Daytona | Phillips | Nov 2024 | CHF 114,300 ($130,554) |
| ROLEX, DAYTONA REF. 116589 WITH SAPPHIRE BEZEL AND SODALITE | Christie's | Sep 2024 | HKD 1,512,000 ($194,205) |
| Rolex Ref. 116589 Cosmograph Daytona | Phillips | May 2023 | CHF 114,300 ($127,411) |
| ROLEX. A VERY RARE 18K WHITE GOLD, DIAMOND AND SAPPHIRE-SET | Christie's | Nov 2022 | HKD 2,268,000 ($290,159) |
Looking for this one at the right price?
Tell us the reference and your ceiling. We will check every dealer currently holding it, measure what they are asking against the auction results above, and tell you what is genuinely available and what it ought to cost.
- Every dealer currently holding it, checked
- Asking prices measured against our price record
- A reply by email within 24 hours
The figures on this page do not change because of any enquiry, and you can check every one of them yourself.