The Rolex Cosmograph Daytona reference 116500LN holds a legendary status among watch enthusiasts. Its discontinued nature has only served to amplify its desirability, making understanding its past retail price and current market value crucial for anyone considering buying or selling one. This article will delve into the intricacies of the Rolex 116500LN's pricing history, exploring its different variations, comparing it to its successor, and addressing the factors influencing its fluctuating value in the secondary market. We'll also examine the reasons behind its discontinuation and the impact this has had on its collectibility.
Understanding the Rolex 116500LN: A Legacy of Performance and Style
The Rolex 116500LN, released in 2016, represented a significant evolution in the Daytona line. While retaining the iconic Daytona design – the tachymeter bezel, three chronograph sub-dials, and the robust Oyster case – it incorporated several key improvements. Most notably, the 116500LN featured Rolex's in-house caliber 4130 movement, a significant upgrade from its predecessor's Zenith-based engine. This self-winding chronograph movement boasted enhanced precision, reliability, and a longer power reserve. The ceramic bezel, a hallmark of modern Rolex sports watches, also added to its durability and aesthetic appeal. Two primary dial colors were offered: black (116500LN-0002) and white (116500LN-0001). These subtle differences, combined with the overall watch's refined design, contributed to its immediate popularity and cemented its place as a highly sought-after timepiece.
Rolex 116500LN Retail Price: A Historical Perspective
The official retail price of the Rolex 116500LN varied slightly depending on the region and retailer, but generally fell within a specific range. While precise historical data can be difficult to obtain definitively, estimates based on various sources indicate the suggested retail price for the white dial version (116500LN-0001) was around $27,226, while the black dial version (116500LN-0002) was slightly lower, approximately $24,143. These figures represent the manufacturer's suggested retail price and do not account for any potential markups from authorized dealers or grey market sellers.
It's crucial to understand that these prices were merely a starting point. Due to consistently high demand and limited availability, the Rolex 116500LN rarely sold at its official retail price. Authorized dealers often had extensive waiting lists, and many buyers opted for the secondary market, where prices significantly exceeded the MSRP. This disparity between the suggested retail price and the actual market price is a common phenomenon in the luxury watch market, particularly for highly sought-after models like the Daytona.
Rolex Daytona 116500 Price: The Secondary Market Influence
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