The Rolex Daytona is a legend, a watch synonymous with motorsport, luxury, and enduring style. Within the Daytona family, certain models command exceptional collector interest and achieve stratospheric prices on the secondary market. One such highly sought-after variant is the Rolex Cosmograph Daytona 116523 with its iconic "Panda" dial featuring Arabic numerals. This article delves deep into the specifics of this particular reference, exploring its history, design characteristics, market value, and what makes it such a desirable timepiece. We will specifically focus on a 2016 example currently listed at $20,620.
The Allure of the 116523 Panda Arabic Dial
The Rolex 116523, particularly the version with the Panda dial and Arabic numerals, represents a compelling blend of elegance and sportiness. The "Panda" moniker refers to the distinctive two-tone dial configuration: a white background contrasted with black sub-dials. This visually striking design is further enhanced by the use of applied Arabic numerals, adding a touch of vintage flair that sets it apart from its counterparts with baton markers. This combination creates a watch that is both instantly recognizable and undeniably sophisticated.
The 40mm case, crafted from a combination of stainless steel and 18k yellow gold, contributes significantly to the watch's luxurious appeal. The two-tone design subtly balances the sporty nature of the Daytona with the opulent feel of the precious metal, creating a versatile piece suitable for both formal and informal occasions. The robust Oyster case, renowned for its water resistance and durability, ensures the watch can withstand the rigors of daily wear, a testament to Rolex's commitment to quality and functionality.
The automatic movement, caliber 4130, is a hallmark of Rolex's horological expertise. This self-winding chronograph movement boasts exceptional precision and reliability, offering a power reserve of approximately 72 hours. The 4130 movement is a significant upgrade over its predecessor, the Zenith-based caliber, offering improved efficiency and enhanced performance. This contributes to the watch's desirability amongst collectors who appreciate both its aesthetic appeal and its mechanical prowess.
Rolex 116523 Price: Market Dynamics and Value Appreciation
The price of a Rolex 116523, especially the Panda Arabic dial variant, is a complex subject influenced by numerous factors. The listed price of $20,620 for the 2016 model represents a point within a broader market landscape. Several key elements contribute to the price fluctuation:
* Condition: The condition of the watch significantly impacts its value. A watch in "very good" condition, as stated in the listing, will typically command a higher price than one showing signs of significant wear and tear. Factors such as the presence of scratches, the integrity of the bracelet, and the overall functionality of the movement all play a crucial role in determining the final price.
* Year of Manufacture: The year of manufacture is another crucial factor. While a 2016 model is relatively recent, the value of Rolex watches often appreciates over time, especially sought-after models like the 116523. Older, well-preserved examples may command even higher prices.
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