The Rolex Cosmograph Daytona 116506. The very name evokes images of unparalleled luxury, precision engineering, and a legacy steeped in motorsport history. This isn't just a watch; it's a statement, a testament to horological artistry, and an investment that appreciates over time. With a price tag exceeding $113,000, the 116506 occupies a rarefied space within the already exclusive world of luxury timepieces. This article will delve deep into the intricacies of the Rolex Daytona 116506, exploring its price, history, variations, and what sets it apart from its successors and counterparts.
Rolex Daytona 116506 Price: A Market Overview
Understanding the price of a Rolex Daytona 116506 requires acknowledging the fluctuating nature of the luxury watch market. While the Rolex 116506 retail price was significantly lower when the model was in production, the current market value reflects its desirability and limited availability. The watch is no longer in production, making it a sought-after collectible. Therefore, the Rolex 116506 price you'll encounter today is far beyond its original retail price. Expect to pay well over $113,000 for a pre-owned model in good condition, with prices varying based on factors such as condition, box and papers, and specific features. The higher end of the market can see prices reaching even further into six figures depending on these factors.
To get a better grasp on the price fluctuations, it's helpful to consult a Rolex Daytona value chart. Several online resources and specialist watch dealers track the historical and current market values of various Daytona models, providing insights into price trends and helping potential buyers make informed decisions. However, remember that these charts provide estimates, and the actual sale price can vary depending on the specific circumstances of the transaction.
Cosmograph Daytona 116506 Series: A Platinum Icon
The Rolex cosmograph daytona 116506 series, or simply the Rolex Daytona platinum 116506, stands out due to its use of 950 platinum. This precious metal, known for its rarity and luxurious sheen, gives the watch a unique weight and presence. The platinum case, along with the platinum bezel and bracelet, contributes significantly to the watch's overall value and appeal.
The dial options for the 116506 were typically ice blue or black. The ice blue dial is particularly sought after and commands a premium in the secondary market, adding another layer of complexity to the pricing. The subtle variations in dial color and even the minute differences in the case finish can influence the final price.
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