The Rolex Cosmograph Daytona 116506, often simply referred to as the "platinum Daytona," occupies a unique position within the world of luxury watches. Its combination of iconic Daytona design, precious platinum case, and exclusive availability translates to an astronomical retail price and an even more volatile grey market value. This article delves into the intricacies of the Rolex 116506 retail price, exploring its various facets and providing context within the broader market for Rolex Daytona chronographs.
Rolex Daytona 116506 Price: A Matter of Exclusivity
The official retail price of the Rolex 116506 has historically hovered well above $100,000. Currently, expect to see a retail price exceeding $113,000. This exorbitant figure reflects several key factors:
* Platinum Material: Platinum is a significantly more expensive and rarer metal than the stainless steel or gold typically used in other Daytona models. Its inherent value contributes substantially to the watch's overall cost. The weight and density of platinum also add to the perceived luxury and substantial feel of the timepiece on the wrist.
* Limited Production: Rolex produces the 116506 in far smaller numbers compared to its stainless steel counterparts. This limited production contributes significantly to the watch's scarcity and, consequently, its high price. Demand consistently outstrips supply, creating a perpetual waiting list at authorized Rolex retailers.
* Iconic Design and Heritage: The Daytona itself is a legendary chronograph, celebrated for its racing heritage and enduring design. The 116506, with its platinum case and often ice-blue dial, elevates this iconic design to a new level of exclusivity and desirability. The watch's aesthetic appeal transcends mere functionality, becoming a statement of refined taste and appreciation for horological craftsmanship.
* Movement and Functionality: The 116506 houses the Rolex Calibre 4130, a self-winding chronograph movement known for its precision, reliability, and advanced features. This sophisticated movement is a significant contributor to the watch's overall value and justifies the premium price point.
Rolex Chronograph Daytona Price: A Spectrum of Values
The price of a Rolex Daytona chronograph varies considerably depending on the material of the case, the dial color, and the specific reference number. While the platinum 116506 represents the pinnacle of the Daytona lineup in terms of price, other Daytona models span a wide range, from several thousand dollars for pre-owned stainless steel models to tens of thousands for gold versions. Understanding this spectrum is crucial to appreciating the 116506's position within the Daytona family.
Rolex Daytona Arabic Dial Price: A Subtle but Significant Difference
The 116506 is often available with an ice-blue dial featuring Arabic numerals. This subtle variation in dial design can slightly influence the price, although the difference is usually minimal compared to the overall cost of the watch. The ice-blue dial is highly sought after for its unique aesthetic appeal, potentially contributing to a slightly higher price on the secondary market.
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