Rolex · reference 116589
Phillips, May 2023
Hammer result
CHF 114,300
about $127,411 at today's rate
5% below the high estimateThe lot
Auction house
Phillips
Sale
The Geneva Watch Auction: XVII
Date
13 May 2023
Lot number
115
Reference
116589
Brand
Rolex
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) |
| Cosmograph Daytona, Reference 116589 | A white gold, diamond | Sotheby's | Mar 2025 | HKD 952,500 ($122,585) |
| 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. A VERY RARE 18K WHITE GOLD, DIAMOND AND SAPPHIRE-SET | Christie's | Nov 2022 | HKD 2,268,000 ($290,159) |
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