The Rolex Daytona 116508 in yellow gold with a striking green dial is a coveted timepiece, a testament to Rolex's horological mastery and enduring appeal. This particular reference, with its luxurious materials and vibrant color combination, commands a significant price, placing it firmly within the realm of high-end luxury watches. This article delves deep into the world of the 116508, exploring its features, price, market trends, and its place within the broader context of the iconic Daytona collection.
Rolex Daytona 116508 Price: A Look at the Market
The price of a pre-owned Rolex Daytona 116508 yellow gold green dial fluctuates based on several factors, including condition, box and papers (original documentation), and market demand. While a new, unworn example would have originally retailed for a substantial sum, the pre-owned market is where most buyers find these watches. Currently, expect to pay well over $114,000 for a watch in excellent condition. This figure represents a significant premium over the original retail price, a testament to the Daytona's enduring popularity and collectible status. Factors influencing the price include:
* Condition: A watch in pristine, unworn condition will command the highest price. Minor scratches or wear will naturally decrease the value. A comprehensive service history from an authorized Rolex service center can positively impact the price.
* Box and Papers: The presence of the original Rolex box, warranty card, and accompanying documentation significantly increases the value and desirability of the watch. These documents provide provenance and authenticity, offering peace of mind to buyers.
* Market Demand: The popularity of the 116508, particularly the green dial version, consistently drives up demand. Limited production runs and strong collector interest contribute to the high prices. Trends in the luxury watch market also play a role, with overall market strength influencing prices across the board.
* Dealer vs. Private Sale: Purchasing from a reputable authorized dealer or pre-owned luxury watch specialist typically comes with a higher price tag compared to private sales. However, the added assurance of authenticity and warranty protection often justifies the increased cost.
Rolex 116508 Chronograph: Precision and Performance
The Rolex Daytona 116508 is more than just a beautiful watch; it's a high-precision chronograph, built to withstand the rigors of daily wear and deliver exceptional performance. Its core features include:
* Caliber 4130 Movement: This in-house Rolex movement is renowned for its reliability, accuracy, and efficiency. It offers a power reserve of approximately 72 hours, allowing for extended wear without the need for frequent winding. The column-wheel chronograph mechanism provides a smooth and precise operation of the chronograph functions.
* Chronograph Functions: The Daytona's chronograph functions – start, stop, and reset – are controlled by pushers located at 2 and 4 o'clock. The central chronograph seconds hand, along with the 30-minute and 12-hour counters, enable accurate timekeeping over extended periods.
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