The Rolex Cosmograph Daytona reference 116508, particularly in its striking green dial variant, is a grail watch for many collectors. Its blend of timeless design, robust functionality, and luxurious materials makes it a highly sought-after timepiece. This article will delve into the intricacies of the 116508, exploring its price, availability, and what makes it such a coveted piece within the Rolex family and the broader luxury watch market. We’ll examine various aspects, drawing from information gleaned from reputable sources like Chrono24, to provide a comprehensive understanding of this exceptional watch.
Rolex Daytona 116508 Price: A Market Overview
Determining the exact price of a Rolex 116508 is challenging due to the fluctuating nature of the pre-owned luxury watch market. Factors like condition, box and papers (original packaging and documentation), and overall market demand heavily influence the final price. Chrono24, a leading online marketplace for luxury watches, frequently lists hundreds of Rolex ref. 116508 watches, offering a glimpse into the current market value. While a precise number is impossible to provide without specific details about a particular watch, analyzing listings on Chrono24 reveals a range reflecting the various conditions and seller expectations.
Generally, expect to find prices significantly above the original retail price, especially for the green dial variant. This premium is due to the watch's desirability and limited production numbers. While the original retail price was substantial, the secondary market reflects the increased demand and collectible nature of the 116508. Expect to see prices ranging from several tens of thousands to well over one hundred thousand dollars depending on the factors mentioned above. It's crucial to meticulously inspect any watch before purchase, verifying authenticity and condition to ensure a fair price.
Rolex 116508 Price: Understanding the Variations
The price of a Rolex 116508 isn't simply determined by the model number. Subtle variations, even within the same reference, can impact the cost. For instance, the dial color plays a crucial role. While the green dial is highly sought after, other dial variations existed, further influencing value. The condition of the watch – from pristine to well-worn – dramatically affects its price. A watch with minor scratches might command a lower price than one in mint condition. The presence of the original box and papers (certificate of authenticity) adds significant value. A complete set, including all original accessories, will always fetch a higher price compared to a watch sold without these documents.
Furthermore, the bracelet condition and any servicing history also influence the final price. A watch with a flawlessly maintained bracelet and a documented service history will be considered more desirable and therefore more valuable. The seller's reputation and the platform used for the sale (like Chrono24) also contribute to the perceived trustworthiness and the price a buyer is willing to pay.
Rolex 116508 for Sale: Navigating the Market
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