The Rolex Cosmograph Daytona reference 116500LN, with its iconic black ceramic bezel, remains a highly sought-after timepiece even after its discontinuation. Its enduring popularity stems from a potent combination of legendary heritage, impeccable craftsmanship, and a sophisticated, yet robust design. Understanding the price of this discontinued model requires exploring several factors, from its original retail price to the current grey market values influenced by demand and rarity. This article will delve into the complexities of the Rolex 116500LN-black price, offering insights into its history, features, and the current market landscape.
Rolex 116500LN Discontinued:
The Rolex 116500LN, introduced in 2016, marked a significant evolution for the Daytona line. The transition from the earlier stainless steel models with a tachymeter bezel in white or black metal to the ceramic bezel represented a substantial upgrade in terms of durability and aesthetic appeal. The black ceramic bezel, highly resistant to scratches and fading, quickly became a defining characteristic. However, Rolex's strategy of periodically updating its models led to the discontinuation of the 116500LN, replaced by newer iterations featuring updated movements and minor design tweaks. This discontinuation is a key factor driving the increased value of pre-owned 116500LN watches. The scarcity created by its removal from production significantly impacts the price, making it a desirable piece for collectors and enthusiasts.
Rolex 116500LN Review:
The 116500LN wasn't just a cosmetic update; it represented a significant improvement in the Daytona's functionality and wearability. The in-house calibre 4130 movement, featuring a vertical clutch and a column wheel, provided enhanced precision and reliability compared to its predecessors. The movement's architecture is a testament to Rolex's commitment to horological excellence. The 72-hour power reserve offered greater convenience, allowing wearers to take the watch off without worrying about resetting it. The robust Oyster case, water-resistant to 100 meters, combined with the comfortable Oyster bracelet, ensured both durability and comfort. The black ceramic bezel, besides its aesthetic appeal, offered superior scratch resistance, preserving the watch's pristine appearance over time. The legible dial, with its distinct sub-dials, completed the package, creating a watch that was both functional and beautiful.
Rolex 116500LN Retail Price:
When originally launched, the Rolex 116500LN had a suggested retail price that varied slightly depending on region and retailer. However, it generally fell within a specific range, usually significantly lower than the current grey market prices. This discrepancy highlights the influence of supply and demand on the value of this discontinued model. The initial retail price was already considered high, reflecting the prestige and exclusivity of the Rolex Daytona, but it pales in comparison to the inflated prices seen today. Knowing the original retail price provides a valuable benchmark against which to gauge the current market value and the extent of the price appreciation. Unfortunately, precise historical retail prices can vary based on location and time of purchase, making it difficult to state a single definitive number.
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