rolex 11506 | Rolex cosmograph daytona 116506

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There appears to be a typographical error in the prompt. The reference to "Rolex 11506" is inaccurate. No such model exists in the official Rolex catalog. The prompt likely intends to discuss the Rolex Daytona reference 116506, a highly sought-after and prestigious timepiece. This article will therefore focus on the Rolex Cosmograph Daytona 116506, exploring its various aspects, addressing the related queries, and clarifying the confusion surrounding the erroneous reference number.

The Rolex Cosmograph Daytona 116506, often simply referred to as the "116506," holds a prominent place in the pantheon of luxury sports watches. Its allure stems from a combination of impeccable craftsmanship, legendary heritage, and the inherent exclusivity associated with the Rolex brand. This model represents a significant evolution in Daytona design, introducing a platinum case and a distinct aesthetic that sets it apart from its stainless steel counterparts.

Rolex 116506 Retail Price and Market Value:

Determining the exact retail price of the Rolex 116506 is challenging because Rolex does not publicly list prices. The price fluctuates based on retailer markups, market demand, and availability. Historically, the retail price was significantly higher than its stainless steel siblings, reflecting the premium associated with the platinum case and its rarity. While exact figures are unavailable, expect the original retail price to have been substantially above $50,000.

However, it's crucial to understand that the pre-owned market significantly impacts the price. Given the high demand and limited production runs, the 116506 commands a considerable premium in the secondary market. Prices often exceed the original retail price by a substantial margin, sometimes doubling or even tripling it, depending on condition and specific variations (e.g., dial variations, box and papers). Therefore, researching current listings on reputable platforms is essential for understanding the current market value.

Rolex Daytona 116506 Price and Market Dynamics:

The price of the Rolex Daytona 116506, both new and pre-owned, is subject to market forces that are constantly in flux. Factors influencing the price include:

* Platinum Case: The use of platinum significantly increases the cost of manufacturing. Platinum is a precious metal rarer and more expensive than gold, directly impacting the watch's price.

* Demand vs. Supply: The limited production numbers of the 116506 contribute to high demand and, consequently, higher prices. Rolex carefully controls production, ensuring exclusivity and maintaining the desirability of their watches.

* Condition: The condition of a pre-owned 116506 significantly impacts its value. A watch in pristine condition with original box and papers will command a much higher price than one with wear and tear or missing accessories.

* Dial Variations: Minor variations in the dial, such as subtle color differences or variations in the subdial markers, can also affect the price. Certain dial configurations are more sought-after by collectors, leading to price fluctuations.

* Market Speculation: Like many luxury goods, the price of the Rolex Daytona 116506 can be influenced by market speculation and trends. Increased media attention or celebrity endorsements can drive up prices.

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