The Rolex Daytona holds a legendary status in the world of horology, a coveted timepiece that transcends mere functionality to become a symbol of prestige and enduring style. Within the Daytona lineage, certain references and production series command particular attention from collectors and enthusiasts alike. This article focuses on the Rolex Daytona Serie P, specifically the reference 116520, examining its characteristics, historical context, and the factors that contribute to its desirability and value. We’ll delve into the specifics of a particular listing – a near-mint condition 2002 example priced at $22,325 – to illustrate the market dynamics surrounding this sought-after watch.
Understanding the Rolex Daytona Reference 116520
The Rolex Daytona reference 116520, produced between 1988 and 2000, represents a significant chapter in the Daytona's history. It marked a transition period, bridging the gap between the earlier, manually-wound Daytonas and the later, more technologically advanced models. This particular reference is characterized by its robust stainless steel construction, the iconic tachymeter bezel, and its automatic movement, the caliber 4130. This movement, a significant upgrade from its predecessors, offers improved accuracy, reliability, and power reserve. The 116520 is a relatively understated Daytona, lacking the flashy embellishments of some later models, contributing to its timeless elegance and appeal to purists.
The "P-Serie" designation refers to the production series of the watch, indicating a specific period within the overall production run of the reference 116520. Determining the exact production date within the P-Serie requires consulting resources such as Rolex production date charts (as mentioned in the provided keywords), Bob's Rolex production dates website, and understanding Rolex watch serial numbers. These serial numbers, engraved on the watch case, are crucial in pinpointing the manufacturing year and, in conjunction with other resources, the specific production series. This information is invaluable for authentication, assessing condition, and ultimately, determining the watch's value. Using the serial number and consulting reputable online databases or forums focused on Rolex watches is critical for verifying authenticity.
The Listing: A 2002 Rolex Daytona LC100 P-Serie Near NOS
The listing mentioned – a 2002 Rolex Daytona LC100 P-Serie, near NOS (New Old Stock) condition, priced at $22,325 – highlights several key aspects worth examining. The "near NOS" description suggests that the watch is in exceptionally pristine condition, exhibiting minimal signs of wear, very close to its original state as it left the factory. The presence of the original sticker further enhances its value and authenticity. The LC100 designation refers to the specific case back engraving, which can provide additional clues about the watch's history and production details.
The price of $22,325 reflects the current market demand for well-preserved examples of the reference 116520, particularly those in near NOS condition. Several factors influence this valuation:
* Rarity: While the 116520 was produced for a considerable period, finding examples in pristine condition, especially with original stickers, is relatively rare. The longer a watch remains unworn, the more likely it is to retain its original condition.
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