The Rolex Cosmograph Daytona, specifically the reference 116508 in 18k yellow gold with a green dial, is a watch that transcends mere timekeeping. It's a statement piece, a symbol of success, and a coveted collector's item. Its allure is multifaceted, encompassing its rich history, impeccable craftsmanship, and undeniable desirability, all contributing to its commanding price point. This article will explore the Rolex Daytona 116508 in detail, delving into its features, market value, and what makes it such a sought-after timepiece.
Rolex Daytona 116508 Price: A Market Analysis
The price of a pre-owned or unworn Rolex Daytona 116508 fluctuates based on condition, provenance, and market demand. Examples advertised online showcase a significant price range. One listing highlights an *unworn* 116508 with a green dial and oyster bracelet priced at $88,425, including free shipping within the US. Another listing, possibly indicating a slightly used or pre-owned example, shows a Rolex Daytona 116508, complete with box and papers, for $70,992 plus shipping. This substantial difference underscores the importance of verifying the watch's authenticity and condition before purchase. The price discrepancy between these two listings might be attributable to factors such as the inclusion of original box and papers, the watch's overall condition (including any minor scratches or wear), and the seller's reputation and market positioning.
These prices, while seemingly high, are consistent with the current market value of this highly sought-after reference. Several factors contribute to this premium:
* Rarity: The combination of 18k yellow gold and the green dial makes the 116508 a relatively rare configuration within the Daytona family. Limited production runs and high demand naturally inflate the price.
* Material: The 18k yellow gold case and bracelet are luxurious and durable, significantly increasing the watch's value compared to its stainless steel counterparts.
* Demand: The Rolex Daytona, in general, enjoys immense popularity and strong collector interest. The 116508, with its specific aesthetic appeal, sits at the top of the desirability scale.
* Collectibility: As a discontinued model, the 116508 is becoming increasingly collectible, further driving up its price. The anticipation that its value will only appreciate over time is a significant factor for many buyers.
Rolex 116508 Chronograph: Technical Specifications and Features
The Rolex Daytona 116508 is a sophisticated chronograph, boasting a range of technical features that exemplify Rolex's commitment to precision and performance:
* Caliber 4130: This in-house, self-winding chronograph movement is renowned for its accuracy, reliability, and efficiency. It features a vertical clutch mechanism for smoother operation and a Parachrom hairspring for enhanced shock resistance. The 4130 movement is a significant upgrade from its predecessors, offering improved performance and longevity.
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