The Rolex Daytona Platinum with Diamond, specifically the reference 116506, stands as a pinnacle of horological achievement, a testament to Rolex's unwavering commitment to precision, luxury, and enduring style. This timepiece isn't merely a watch; it's an investment, a symbol of status, and a collector's dream. Its allure stems from a potent combination of exceptional materials, meticulous craftsmanship, and a legendary racing heritage. This article delves into the various aspects of this coveted watch, exploring its price, features, history, and the factors that contribute to its legendary status.
Rolex Daytona Platinum Diamond Price: A Look at the Market
Determining the precise price of a Rolex Daytona Platinum with Diamond (ref. 116506) is challenging due to the fluctuating nature of the pre-owned luxury watch market. While Rolex sets a retail price, the actual cost often varies significantly depending on condition, provenance, and the seller. Chrono24, a prominent online marketplace for luxury watches, provides a valuable resource for comparing prices and finding deals on the ref. 116506. Searching "248 Rolex Daytona Platinum ref. 116506" on Chrono24, as suggested, will reveal a range of prices. However, expect to pay a substantial sum, well above the original retail price.
Several factors influence the price:
* Condition: A watch in mint condition, with its original box and papers, will command a significantly higher price than one showing signs of wear. Even minor scratches or imperfections can impact value.
* Provenance: A watch with a documented history, especially one with a clear chain of ownership, is often more desirable and valuable.
* Market Demand: Like any luxury good, the demand for the Rolex Daytona Platinum with Diamond fluctuates. Increased demand leads to higher prices, and vice versa.
* Diamond Setting: The quality and carat weight of the diamonds significantly influence the price. Higher-quality diamonds, with better clarity and cut, will increase the overall value.
* Year of Manufacture: While the reference number remains consistent (116506), slight variations in details or components might exist across different production years, subtly affecting price.
Therefore, while a definitive price cannot be given, prospective buyers should expect to invest a substantial amount, potentially hundreds of thousands of dollars, for a pre-owned Rolex Daytona Platinum with Diamond. Thorough research and comparison shopping on platforms like Chrono24 are crucial to securing a fair price.
Daytona Rolex Platinum Price: Understanding the Base Model
To understand the pricing of the diamond-set version, it's helpful to examine the price of the base Rolex Daytona Platinum (without diamonds). This model, also a highly sought-after timepiece, already commands a premium due to its use of platinum, a precious metal known for its rarity, durability, and lustrous appearance. Even without diamonds, the cost is significantly higher than its stainless steel counterparts. The platinum case adds substantial weight and a luxurious feel, further justifying the higher price.
The price difference between the platinum Daytona without diamonds and the diamond-set version is substantial, largely attributable to the cost of the diamonds, their setting, and the increased labor involved in creating the more elaborate piece.
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