Rolex Daytona 116520Sold
Rolex Daytona 116520
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When someone mentions Rolex nowadays, more often than not it is combined with the word Daytona. This is for a reason of course, first of all; the Paul Newman auction last year, the incredible Zenith price increases and last but not least; the whole hype around the new ‘Ceramic’ Daytona. However, in all the excitement, people almost forget about one of the sharpest looking Daytona’s Rolex has made over the years.Of course, we’re talking about the 116520. This piece is the successor of the Zenith based 16520 and is provided with Rolex’ in house caliber 4130. The watch is entirely made out of stainless steel and dates back to the year 2004.The watch is carried out with a black dial including silvered sub dials and is in absolute mint condition. Further on, this piece comes with the original box and Rolex service papers.
Rolex DaytonaRolex started making chronographs in the 1930s, but it was only in 1963 that a named product line was introduced: the Cosmograph. In some early advertisements, Rolex referred to the watch as the ‘Le Mans’ after the famous race track in France, although the name never appeared on the dial. After a few years, the line was officially renamed Cosmograph Daytona, after the racetrack in Florida.The most noticeable difference between these Cosmograph (Daytona) models and earlier Rolex chronographs, was the tachymeter scale (used for measuring distance and speed) that was moved from its traditional placement on the dial to the bezel. Furthermore, the dial was updated with the introduction of contrasting sub-dials.It’s hard to imagine now, but Daytonas received little love after their release. Most Daytonas languished in dealer displays for years and were only started to get noticed by Italian collectors and dealers in the late 1980s. Nowadays, Daytonas are among the most sought after Rolex models, fetching prices from $15,000 for modern ones to many millions for rare vintage references. A big contrast with the $210 list price when it was first released!