Rolex, Daytona, Ref. 116508
Main reasons to invest
Reference 116508 has achieved an average appreciation of 37.9% and 32.1% over the last three and five years, respectively.
Over 1,100 models of the reference 116508 have been traded on the secondary market in the last 12 months.
The average time spent on the secondary market was 63.1 days, which underlines the high liquidity.
Description
The Rolex Daytona 116508 is a beloved timepiece that gained popularity over the last couple of years. Initially, the Daytona model was not well accepted. However, this has changed dramatically over the previous 50 years. The reference 116508 is one of the well-known models due to its 18-carat gold case and the time-tested caliber 4130.
The Rolex reference 116508 is one of the market's most demanded and traded timepieces. You will rarely see a model in the window of an authorized dealer, and this is due to the stunning aesthetics combined with the brand as well as the caliber. For watch enthusiasts, there are mainly two sports watch chronographs that they appreciate. One is the Moonwatch, and the other one is the Daytona.
The 116508 is embedded in a 40mm yellow gold case and accompanied by a yellow gold Oyster bracelet, a yellow gold bezel, and sapphire crystal. The watch's caliber has incredible accuracy, with a daily deviation of up to +/-2 seconds per day. The power reserve holds for 72 hours. On top, it has a bi-directional rotor and comes fitted with a Paramagnetic blue Parachrom hairspring to reduce magnetic interference. To sum up, the reference 116508 is a very attractive chronograph from Rolex for any watch enthusiast.
Expert
The world’s leading watch house, The 1916 company is home to the greatest collection of luxury watches, all certified authentic and Collector Quality.
