The Rolex Cosmograph Daytona in platinum with an ice blue dial is a highly sought-after timepiece, representing the pinnacle of luxury sports watches. Its rarity, exquisite craftsmanship, and iconic status contribute to its commanding price tag, making it a significant investment as well as a coveted wrist adornment. This article delves into the financial performance and current market value of this specific Rolex Daytona model (reference 116506), exploring its history, features, and the factors influencing its price in both the primary and secondary markets.
Understanding the Rolex Daytona Price Landscape:
Before focusing specifically on the platinum ice blue dial Daytona, it's crucial to understand the broader context of Rolex Daytona pricing. The Daytona's legendary status has been decades in the making, cemented by its association with motorsport, its robust construction, and its consistently high demand exceeding supply. This has resulted in a consistently appreciating value, particularly for certain models. The price of a Rolex Daytona varies significantly based on several factors:
* Metal: The material of the case significantly impacts the price. Steel Daytonas (like the 116520) are the most accessible, although still commanding a premium over their retail price. However, precious metals like platinum (116506) and gold (various references) push the price into a much higher bracket.
* Dial: The dial color and design are major influencers. Certain dial colors, like the highly desirable “Paul Newman” dials (with their unique sub-dial configurations) command astronomical prices on the secondary market. The ice blue dial on the platinum Daytona (116506) is another example of a highly sought-after variation.
* Year of Manufacture: The age of the watch plays a role. Vintage Daytonas, especially those in excellent condition, are collector's items and fetch significantly higher prices than newer models. Even within relatively recent production years, minor variations in production details can influence value.
* Condition: The condition of the watch is paramount. Scratches, blemishes, and the overall state of preservation directly impact the price. A pristine, unworn example will always command a higher price than a watch showing signs of wear.
* Box and Papers: The presence of the original box and papers (warranty card, instruction manual) significantly enhances the value, particularly for resale purposes. A complete set increases the perceived authenticity and provenance of the watch.
* Market Demand: Fluctuations in overall demand for luxury watches influence prices. Economic conditions, trends in the luxury goods market, and even media coverage can impact the desirability and subsequent price of a particular model.
Rolex 116506 Platinum – A Closer Look:
The Rolex Cosmograph Daytona reference 116506, with its platinum case and ice blue dial, represents the epitome of luxury and exclusivity within the Daytona line. Its platinum case exudes elegance and sophistication, while the ice blue dial offers a striking contrast, creating a visually captivating timepiece. The ice blue dial is known for its subtle, shimmering effect, changing its appearance depending on the light. This sophisticated colorway, combined with the rarity of the platinum case, contributes significantly to its high value.
The watch is powered by the highly reliable Rolex Calibre 4130, a self-winding chronograph movement renowned for its precision and robustness. This movement is a testament to Rolex's commitment to horological excellence and contributes to the overall desirability and value of the 116506.
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