The Rolex Daytona Ref. 116508, a watch synonymous with luxury, performance, and a touch of Hollywood glamour, commands attention and respect in equal measure. Its hefty price tag, often exceeding $107,000, reflects not only its prestigious heritage but also the meticulous craftsmanship and unparalleled desirability that define this iconic timepiece. This article delves deep into the world of the Rolex Daytona 116508, exploring its features, its place in Rolex history, its current market value, and the reasons behind its enduring appeal.
Rolex Daytona 116508 Price: A Look at the Market
The price of a pre-owned Rolex Daytona Ref. 116508 varies considerably depending on condition, box and papers, and the current market demand. While a conservative estimate places the starting price above $107,000, expect to pay significantly more for examples in pristine condition, complete with their original box and papers. The watch’s desirability has seen its value appreciate substantially over the years, making it a sought-after asset for both collectors and enthusiasts. Factors influencing the price include:
* Condition: Scratches, dings, and signs of wear will impact the price. A watch in mint condition, untouched and unworn, will command a premium.
* Box and Papers: The original box, warranty card, and any accompanying documentation significantly enhance the value and authenticity of the watch. Complete sets are highly prized.
* Market Demand: The pre-owned luxury watch market is dynamic. Demand fluctuates based on various factors, including celebrity endorsements, limited-edition releases, and overall economic conditions. High demand typically translates to higher prices.
* Specific Features: Subtle variations within the 116508, such as dial variations or minor case differences across production years, can also affect price.
Rolex 116508 Chronograph: Precision and Performance
The heart of the Rolex Daytona Ref. 116508 lies in its exceptional chronograph functionality. This isn't merely a stopwatch; it's a precision instrument built to withstand the rigors of high-performance activities. The watch features:
* Caliber 4130 Movement: This in-house Rolex movement is known for its accuracy, reliability, and robust construction. Its vertical clutch system ensures a smooth start and stop of the chronograph function, minimizing wear and tear. The column-wheel mechanism adds to the precision and overall feel of the chronograph operation.
* Chronograph Functions: The three sub-dials provide clear and easy-to-read displays of elapsed seconds, minutes, and hours. The pushers are seamlessly integrated into the case, adding to the watch's sleek design.
* Accuracy and Reliability: Rolex is renowned for its meticulous attention to detail and rigorous testing procedures. The Caliber 4130 movement is meticulously crafted and rigorously tested to ensure accuracy and longevity.
Rolex 116508 for Sale: Finding Your Perfect Piece
Finding a Rolex Daytona Ref. 116508 for sale requires careful consideration and due diligence. Several avenues exist:
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