The Rolex Daytona, a name synonymous with luxury, performance, and prestige, has captivated watch enthusiasts for decades. Its iconic design, robust movement, and rich racing heritage have cemented its place as one of the most sought-after timepieces globally. This article delves into the specific market value and pricing of a Rolex Daytona 116500LN from the year 2017, examining factors influencing its price and exploring the broader context of the Rolex watch market.
The 2017 Rolex Daytona 116500LN: A Detailed Look
The reference number 116500LN identifies the specific model in question: a steel Daytona with a black ceramic bezel. This iteration, introduced in 2016, marked a significant shift for the Daytona line, replacing the earlier white gold bezel models with a more durable and aesthetically pleasing ceramic alternative. The 2017 example, as listed, carries a price tag of $25,819 and is described as being in "very good" condition and a "full set," meaning it includes the original box, papers, and accompanying accessories. This detail significantly impacts its value, as a complete set commands a higher price than a watch sold individually.
The movement, an automatic caliber 4130, is renowned for its accuracy, reliability, and impressive power reserve. This in-house Rolex movement represents a significant investment in horological engineering and contributes significantly to the watch's overall desirability and value. The steel construction, while seemingly simple, is actually a testament to Rolex's commitment to quality and durability. The 904L stainless steel used is highly resistant to corrosion and scratching, ensuring the watch's longevity and maintaining its appearance over time.
Rolex Watch Price: Factors Affecting Value
The price of a pre-owned Rolex, such as the 2017 Daytona 116500LN, is influenced by a complex interplay of factors. Understanding these factors is crucial for both buyers and sellers navigating the market.
* Condition: As mentioned earlier, the condition of the watch is paramount. A "full set" watch in excellent or near-mint condition will command a significantly higher price than one with scratches, blemishes, or missing components. The $25,819 price point suggests a watch in very good condition, indicating minor wear but overall excellent functionality and appearance. A professional appraisal can provide a precise assessment of condition and its impact on value.
* Year of Manufacture: While the 116500LN model remains highly sought after, the year of manufacture can slightly influence price. Slight variations in market demand or subtle design differences across production years can affect pricing. However, the difference between a 2017 and a 2016 model, for instance, is generally minimal compared to the impact of condition.
* Market Demand: The Rolex Daytona's enduring popularity contributes to consistent high demand. This demand, coupled with limited production numbers, significantly inflates the price of pre-owned models. The market is dynamic, with fluctuations influenced by global economic conditions, trends, and perceived scarcity.
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