The Rolex Cosmograph Daytona, a watch synonymous with motorsport, luxury, and enduring style, has captivated collectors and enthusiasts for decades. Among its many variations, the green-dial Daytona, specifically the reference 116508, holds a particularly coveted position, commanding significant attention and value within the secondary market. Understanding the price of this sought-after timepiece requires examining its retail price, current market value, historical trends, and the factors that contribute to its desirability.
Retail and Market Price: A World Apart
The official retail price for the Rolex Cosmograph Daytona 116508 in green (reference 116508-0014) was, at the time of its availability, approximately $68,885 USD. However, this figure is largely irrelevant in the current market landscape. Due to consistently high demand and limited supply, finding a brand-new, unworn green Daytona at its official retail price is virtually impossible. The watch has been discontinued, further driving up its value.
The market price for a pre-owned Rolex Daytona 116508 with a green dial varies significantly depending on condition, box and papers (certificate of authenticity and original packaging), and the seller. Expect to pay a considerable premium over the original retail price. While exact figures fluctuate daily, you can anticipate prices ranging from $100,000 to well over $200,000 USD in the secondary market for a watch in excellent condition. Factors like the presence of the original box and papers, the overall condition of the watch (including the bracelet and clasp), and any signs of wear significantly impact the final price. A watch in pristine condition with full documentation will command the highest price.
Model Specifications and Historical Trends: Understanding the Value
The Rolex Cosmograph Daytona 116508 features a 40mm Oyster case crafted from 18ct yellow gold. Its defining characteristic is the vibrant green dial, often described as an emerald or olive green, depending on the lighting. The dial houses three chronograph sub-dials, displaying hours, minutes, and seconds, and is protected by a scratch-resistant sapphire crystal. Powering this iconic timepiece is the caliber 4130, a self-winding mechanical chronograph movement known for its precision and reliability.
The 116508 with its green dial represents a relatively recent addition to the Daytona lineage, contributing to its desirability. Discontinued models often appreciate in value over time, particularly if they possess unique and desirable features. The green dial, a departure from the more traditional black or white dials, provided a refreshing aesthetic that resonated with collectors. This, combined with the limited production runs, created a scarcity that fueled demand and, consequently, price increases.
Analyzing historical price trends reveals a consistent upward trajectory. While precise data is difficult to obtain comprehensively, anecdotal evidence and data from reputable watch dealers and auction houses clearly indicate a steady appreciation since the model's discontinuation. This upward trend is fueled not only by the limited availability but also by the increasing recognition of the Rolex Daytona as a significant investment piece.
The Role of Discontinuation:
The discontinuation of the Rolex Daytona 116508 with the green dial is a critical factor in its elevated price. When Rolex ceases production of a particular model, the supply immediately becomes fixed. Demand, however, often remains strong, and sometimes even increases, as collectors recognize the scarcity. This dynamic creates a scenario where the price naturally rises due to the simple economics of supply and demand. The green dial Daytona is a prime example of this phenomenon.
current url：https://zmkuhj.c368n.com/bag/rolex-daytona-green-price-48991