The Rolex Cosmograph Daytona reference 116506 occupies a unique space within the pantheon of luxury sports watches. Its platinum case, striking aesthetics, and legendary Daytona lineage combine to create a timepiece that transcends mere horological function, becoming a symbol of refined taste and enduring prestige. This article delves deep into the world of the 116506, exploring its retail price, comparing it to its successor, examining reviews, and highlighting what makes it a truly coveted collectible.
Rolex 116506 Retail Price & Market Value:
Determining the exact retail price of the Rolex 116506 is challenging, as Rolex doesn't publicly list prices and authorized dealers often vary. However, when it was in production, the suggested retail price hovered significantly above other Daytona models, reflecting its use of platinum. We're talking about a figure well into the five-figure range, often exceeding $40,000 USD. It’s crucial to understand that this was the *suggested* retail price. The actual price paid by consumers often varied depending on dealer availability and market demand. The watch's desirability and limited production numbers meant that securing one at retail was – and still is – exceptionally difficult. Today, the pre-owned market dictates its value, with prices often significantly exceeding the original retail price, sometimes by a considerable margin, depending on condition and provenance. This underscores the 116506's status as a highly sought-after collector's item.
Rolex Daytona 116506 Price: A Collector's Market:
The price of a pre-owned Rolex Daytona 116506 is a complex equation influenced by several factors. Condition is paramount; a pristine, unpolished example with its original box and papers will command a significantly higher price than one showing signs of wear. The presence of the original box and papers (or "full set") is crucial for authentication and adds substantial value. Market demand also plays a significant role. Periods of increased interest in luxury watches, particularly vintage and highly desirable models like the 116506, can drive prices upward. Finally, the specific dial color – while the 116506 is most commonly associated with a black dial, variations exist – can impact its value. A rarer dial color will naturally command a higher price. To get a precise idea of the current market value, consulting reputable pre-owned watch dealers and auction sites is essential.
Rolex 116506 Price: A Reflection of Exclusivity:
The price of the Rolex 116506, whether new or pre-owned, is a direct reflection of its exclusivity. Rolex's limited production numbers for this platinum model, coupled with its inherent desirability, contribute to its high value. The watch represents not just a timekeeping instrument but also a status symbol and a piece of horological history. The price tag acts as a barrier to entry, ensuring that ownership remains exclusive to a select group of discerning collectors and enthusiasts. This exclusivity, in turn, further fuels the demand and maintains the watch's high value in the secondary market.
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