The Rolex Cosmograph Daytona is a legend, a watch that transcends mere timekeeping and enters the realm of iconic status. Among its many iterations, the platinum Daytona with an ice blue dial, specifically the reference 116506, holds a particularly coveted position. Its rarity, exquisite craftsmanship, and breathtaking aesthetic combine to create a timepiece that commands astronomical prices on the secondary market. This article will explore the factors influencing the price of the Rolex Daytona Platinum Ice Blue (Ref. 116506), providing insights for collectors, investors, and enthusiasts alike, using available data and market trends to build a comprehensive understanding of its value. We'll also touch upon related search terms such as "Rolex Daytona Platinum for Sale," "Platinum Rolex Price Guide," "Rolex Daytona Value Chart," "Daytona Rolex Price List," "Rolex Daytona Price Guide," and "Rolex Platinum Daytona Retail Price."
Understanding the Reference 116506: A Masterpiece of Horology
The Rolex Cosmograph Daytona reference 116506, often referred to as the "Ice Blue" Daytona due to its stunning dial color, is a testament to Rolex's commitment to excellence. Housed in a 40mm platinum case, this timepiece boasts a striking contrast between the cool, icy blue dial and the gleaming platinum. The dial itself is meticulously crafted, featuring baguette-cut diamonds marking the hour markers, further enhancing its luxurious appeal. The movement within is the self-winding calibre 4130, a highly accurate and reliable chronograph movement known for its precision and robust construction. The combination of platinum, diamonds, and the renowned Daytona design makes this watch a highly sought-after collector's item.
Factors Affecting the Price of the Rolex Daytona Platinum Ice Blue (Ref. 116506)
Several key factors contribute to the substantial price tag associated with the Rolex Daytona Platinum Ice Blue. These include:
* Rarity: The limited production numbers of the reference 116506 contribute significantly to its high value. Platinum itself is a precious metal, making the production process more expensive and time-consuming than other materials. The addition of baguette-cut diamonds further reduces the number of watches produced, making it a truly exclusive piece.
* Demand: The demand for this particular Rolex model far surpasses its supply. Collectors and enthusiasts worldwide covet the Ice Blue Daytona for its unique aesthetic and its position as a highly desirable collectible. This high demand fuels the price escalation in the secondary market.
* Condition: The condition of the watch plays a crucial role in determining its price. A complete set, including the original box, papers, and all accessories, will command a significantly higher price compared to a watch with missing components or signs of wear. The presence of a Rolex service history further adds to its desirability and value.
* Market Trends: The luxury watch market is dynamic, influenced by various economic factors and trends. Overall market conditions, economic growth, and even geopolitical events can influence the price of high-end watches like the Rolex Daytona Platinum Ice Blue.
* Platinum as a Precious Metal: The use of platinum itself elevates the watch's value. Platinum is more expensive than steel or gold, reflecting its rarity and inherent value. This contributes significantly to the overall cost of the watch, both at retail and on the secondary market.
* Baguette Diamonds: The baguette-cut diamonds on the dial are another factor driving up the price. The precision and craftsmanship involved in setting these diamonds add to the overall cost and desirability of the timepiece. The quality and clarity of the diamonds also contribute to the watch's value.
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