The Rolex Cosmograph Daytona 116506, a watch that needs no introduction to serious collectors, stands as a pinnacle of horological achievement. Its platinum case, exquisite dial variations, and legendary Daytona lineage combine to create a timepiece of unparalleled prestige and desirability. This article will delve deep into the world of the 116506, exploring its history, variations, price fluctuations, comparisons with its successor, and ultimately, what makes it such a coveted piece.
Rolex 116506 Retail Price & Market Value:
Understanding the price of the Rolex 116506 is crucial. While the original retail price varied slightly depending on the specific dial configuration and year of production, it consistently commanded a significant premium over its steel and gold counterparts. The platinum case, the hallmark of luxury and exclusivity, justified the higher price point. However, the retail price is largely irrelevant in today's market. The 116506 is a highly sought-after piece, consistently exceeding its original retail price by a substantial margin in the pre-owned market. This appreciation is driven by several factors, including its limited production numbers, its place in Rolex history, and the enduring appeal of the Daytona design. Finding a 116506 at or near its original retail price is exceptionally rare. Expect to pay a significant premium – often double or even triple the original retail price – depending on the condition, box and papers, and specific dial variation. This makes securing a 116506 a true testament to perseverance and a deep understanding of the luxury watch market. The price fluctuates based on market demand, but generally, expect to invest a considerable sum to acquire this iconic timepiece. Professional watch dealers and auction houses are the best resources for obtaining accurate current market values.
Rolex Daytona 116506 Price: A Collector's Market:
The price of the Rolex Daytona 116506 is not simply a matter of looking up a list; it's a reflection of the collector's market. Several factors influence its value:
* Condition: A pristine, unworn example with original box and papers (often referred to as "full set") will command the highest price. Scratches, blemishes, or missing components significantly reduce value.
* Dial Variation: Different dial colors, such as the highly sought-after black, ice blue, or white dials, influence the price. Certain dial variations are rarer than others, leading to higher demand and prices.
* Year of Production: While not as significant as with some other Rolex models, the year of production can slightly impact the price.
* Market Demand: Like any luxury good, the price is subject to fluctuations based on current market demand and trends.
These factors make determining a precise price challenging. Thorough research and consultation with reputable dealers are essential before purchasing a 116506. Online forums and dedicated watch communities can offer valuable insights into current market values, but always verify information with trusted sources.
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