The Rolex Daytona, specifically the reference 6263 stainless steel with the iconic "Paul Newman" dial, is a legend in the watch world. While the reference 6263 is highly sought after and commands astronomical prices, the reference 116520 (often mistakenly referred to as 038) represents a more accessible, yet equally desirable, entry point into the prestigious Daytona family. This article will explore the Rolex Daytona stainless steel 116520, delving into its history, design, market value, and comparing it to other significant Daytona models, including the Rolex 24 Daytona and specific vintage pieces like the 1992 Rolex 24 Daytona. We will also touch upon the broader context of Rolex Daytona prices and the value of the Oyster Perpetual Daytona line.
Understanding the Reference 116520 (Often Mislabeled as 038): A Modern Classic
The Rolex Daytona reference 116520, often incorrectly referred to as 038, is a cornerstone of modern Daytona production. Produced from 2000 to 2021, it distinguishes itself from its predecessors primarily through its movement. Unlike its vintage counterparts which utilized manual-wind movements, the 116520 boasts the automatic Calibre 4130, a highly robust and accurate movement known for its reliability and efficiency. This self-winding mechanism contributes significantly to the watch's practicality and ease of use, a departure from the more involved winding ritual required by its vintage predecessors.
The 116520's design is clean and classic, adhering to the Daytona's core aesthetic. Its stainless steel case, measuring 40mm in diameter, is perfectly proportioned for most wrists. The black or white dials (depending on the specific sub-model) are uncluttered, featuring three subsidiary dials for chronograph functions – hours, minutes, and seconds. The tachymetric bezel, a defining feature of the Daytona, allows for speed calculations, reflecting the watch's origins in motorsport timing. The Oyster bracelet, another hallmark of Rolex, provides comfort and durability, completing the iconic Daytona silhouette.
Rolex Daytona Price: A Market in Flux
The price of a Rolex Daytona, particularly a pre-owned model, is a complex issue influenced by several factors. The most significant factor is the reference number. Vintage Daytonas, especially those with desirable dial variations like the Paul Newman, command prices in the hundreds of thousands, even millions, of dollars at auction. The 116520, while not reaching those stratospheric heights, still holds considerable value. Its price fluctuates based on condition, box and papers (original packaging and documentation), and overall market demand.
Pre-owned 116520 models generally trade for significantly more than their original retail price, reflecting the increasing desirability and collectibility of the Daytona. The discontinuation of this reference in 2021 has further contributed to its price appreciation. Finding a well-maintained 116520 in excellent condition can be challenging, and this scarcity also drives up the price. Therefore, understanding the current market trends and consulting reputable dealers is crucial for anyone considering purchasing this model.
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