CHF 35,000 Amount

Rolex Submariner 16808 "Nipple" Dial

100% Successfully funded 700 Fractions sold

+17% p.a.


+116% RETURN


3 - 5 years


Elephants is affiliated with the Swiss SRO SO-FIT

Why did we choose this timepiece?

  • Discontinued model since 2001 with vintage “Nipple” dial
  • This watch reference has achieved an average annual appreciation of 17.4% (over the last 5 years)
  • Full set and outstanding unique patina

Launching early 2024: Secondary Market

You will be able to sell any tokens you own to other Elephants members.


Technical Sheet

Rolex Brand
Submariner Model

16808 Reference
Original box Box

Original guarantee Papers
40 mm Diameter

Automatic Movement
Blue, applied luminescent nipple indexes Dial color

18k yellow gold Case material
18k yellow gold Bracelet material

Full set - Original papers, original box Scope of Delivery
1988 Year of production


The Rolex Submariner 16808, gold, is a legendary timepiece that represents the pinnacle of luxury and horological excellence. The Submariner collection, renowned for its robust design and diving capabilities, was first introduced in 1953, and the 16808 model continues this tradition with a touch of opulence.

Crafted from 18k yellow gold, the Submariner 16808 exudes a captivating aura of sophistication. The 40mm case size strikes a perfect balance between boldness and wearability, making it an ideal companion for both formal occasions and underwater adventures.

One of the distinguishing features of the Submariner 16808 is the iconic "Nipple" dial, named for its distinctive hour markers that resemble small protruding "nipples". These unique markers, coupled with the gold hands, create a harmonious and luxurious visual presentation on the rich blue dial. Rolex has discontinued the production of watches with nipple-style dials, making them available only in a limited number of vintage models, either in full gold or in a combination of gold and steel.

Over the years, the dial of the Submariner 16808 develops a beautiful patina, a unique characteristic resulting from natural aging and oxidation of the materials. This patina adds depth and character to the timepiece, imparting a vintage charm that collectors often seek. Each patina pattern is unique, making every Submariner 16808 truly one-of-a-kind.

The iconic blue dial, adorned with luminous hour markers and hands, ensures optimal legibility even in the darkest depths. A date window at 3 o'clock adds practicality to the overall design without compromising the dial's symmetry.

Beneath the surface lies the heart of the Submariner 16808 - the self-winding Rolex Caliber 3035. Renowned for its precision and reliability, this movement guarantees accurate timekeeping and a power reserve of approximately 48 hours.
The unidirectional rotating bezel, a distinctive feature of the Submariner, is fashioned from gold, adding a touch of elegance and functionality. Its serrated edge allows for easy grip and precise timing during dives.

Paired with a matching 18k yellow gold Oyster bracelet, the Submariner 16808 wraps around the wrist with undeniable comfort and style. The Oysterlock clasp ensures a secure fit, while the Glidelock system enables easy adjustments to accommodate diving suits.

The Submariner 16808's rich history, luxurious aesthetics, and unique "Nipple" dial with a beautifully aged patina make it highly sought after by collectors and enthusiasts alike. Its rarity and timeless appeal have elevated it to an iconic status among Rolex aficionados.


There are four main reasons for considering fractional ownership of luxury watches

  1. Access to exclusive opportunities: Fractional ownership allows individuals to participate in ownership of high-value assets that are usually reserved for the wealthy or institutional investors.
  2. Diversification benefits: Owning a fraction of a luxury watch provides exposure to an asset that is not closely tied to the performance of traditional assets, potentially reducing risk.
  3. Potential for long-term gains: Owning a fraction of a rare and highly sought-after luxury watch through fractional ownership may offer the opportunity to increase purchasing power over time.
  4. Limited supply, high demand: By owning a fraction of a luxury watch, individuals can gain a share of an asset that is both rare and highly coveted, which may present potential opportunities for growth.

Elephants is a global community-driven co-ownership platform. Being part of the club implies having access to multiple benefits. First of all, together we can have access to iconic timepieces, co-owning them and sharing our passion for watches. In addition, you will become a member of the Elephants club. Being an Elephant will give you access to additional contents about the timepiece you co-own, to better buying conditions and many more additional benefits.

We strive to keep everything as simple as possible. All payments need to be made in Swiss francs (CHF), except for crypto-payments, which should be made in USDC (USD Coin). When using PayPal, the exact amount will be displayed in Swiss francs, and it will automatically convert your currency if it's in euros or any other currency. However, for bank transfers, please select the 'payment in other currencies' option in your bank account to proceed.

You can make payments using the following methods:

  • Bank transfer
    Please follow the instructions on the checkout page.

  • PayPal or debit/credit cards
    We also offer a 'Buy now, pay later' option with PayPal. Eligibility is determined by PayPal.

  • Cryptocurrencies
    Please follow the instructions on the checkout page.

Bank transfers and crypto payments are available for verified users in selected countries. Please verify your identity in your profile to see if you are eligible for these options.

Elephants will notify owners of upcoming offers to liquidate the entire asset. When the time comes, the decision to sell will be made by the majority of owners, depending on the percentage each owner owns. Each vote will be based on the number of shares held by each owner. If the majority agrees to sell, the funds, net of fees, will be distributed proportionally according to each owner's percentage of ownership. We are working hard to release a secondary market as soon as possible, in which you will be able to sell your shares to other Elephants members.

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