Dial: black Calibre: cal. 4050 automatic, 31 jewels Movement number: 205'465 Case: stainless steel, screw down case back Case number: P298011 Closure: stainless steel Rolex Oyster bracelet and folding clasp  Size: 38 mm diameter, bracelet circumference 180 mm Signed: case, dial and movementAccessories: Rolex Guarantee paper, instruction manual and presentation box

Movement running at the time of cataloging. The chronograph functioning. The case in very good condition. No signs of polishing with sharp edges. Some signs of very light wear to the band. The tops of the lugs retaining their brushed finish. The bracelet too in very good condition. Bezel in very good condition. Dial in very good condition. Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts. You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band. Prospective bidders should review the Conditions of Business, Authenticity Guarantee, the Guide for Prospective Buyers, and any Important Notice in the sale catalogue.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping."

Rolex introduced their first self winding chronograph wristwatch in 1988. The movement in this new Daytona was significantly modified, but ultimately based on the on the Zenith El Primero calibre, originally released in the late 60s. Rolex made over 200 alterations to this base movement to create their Calibre 4030.    Of course the changes did not stop at the movement. The general aesthetic was completely overhauled too, the case for example increased in diameter by 2 mm. What is interesting is that, despite the modifications, updates and remodelling, the Daytona is still unmistakably just that, a Daytona. The present watch is in very crisp condition and although a 'P' series is still powered by the famous Zenith caliber.