Model spec database

Rolex Daytona 116500LN

Specs, Market Price & Buying Guide

Last verified 2026-08-23Aug 16, 2026

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Fast answer

  • The Rolex Cosmograph Daytona 116500LN is the 2016–2023 steel Daytona with the black Cerachrom ceramic bezel — the watch that turned the Daytona into a multi-year-waitlist phenomenon, powered by the Calibre 4130.
  • Market range: roughly $24,000–$32,000 depending on dial (white 'Panda' at the top, black lower) and set, against a final retail of $15,100 (verified 2026-08-23 — recheck before acting).
  • Availability (checked 2026-08-23): discontinued in 2023 (succeeded by the 126500LN, Calibre 4131) — secondary market only, with deep liquidity.
Rolex Cosmograph Daytona chronograph with black dial, tachymeter bezel and Oyster bracelet (earlier-generation Daytona shown)

Representative Rolex Daytona photo — an earlier-generation Cosmograph Daytona is shown; the 116500LN shares the case and dial layout with a black Cerachrom bezel. Shown for identification.

Photo: WALLI1912 at German Wikipedia, Wikimedia Commons, CC BY-SA 3.0

Market price

Market range $24,000–$32,000 · verified 2026-08-23

Retail

$15,100 final US list (2023 — verify)

30-day trend

Flat

90-day trend

Flat to up modestly

1-year trend

Stabilized after the post-2022 correction; white dial firmest

Editorial estimate compiled from public listings — ranges move weekly; white 'Panda' dials and unworn full sets command the top. Verified 2026-08-23.

Current Market AvailabilityChecked 2026-08-23: discontinued since 2023. Secondary market only; one of the most liquid luxury chronographs in existence.

Reference specs

Full specifications

SpecDetail
Case40mm Oystersteel (904L), brushed and polished
Lug-to-lug~47mm (editorial measurement — verify)
Thickness~12.2mm (verify)
Lug width20mm
MovementRolex Calibre 4130, in-house automatic chronograph, column wheel, vertical clutch
Power reserve72 hours
CrystalSapphire
Water resistance100m / 330ft
BezelFixed black Cerachrom ceramic, engraved tachymeter scale
BraceletOyster, Oystersteel, Easylink 5mm extension
DialWhite ('Panda') or black, with contrasting subdial rings
Introduced2016 — first steel Daytona with a ceramic bezel; discontinued 2023, succeeded by the 126500LN

On the wrist

How it wears, by wrist size

6.5-inch wrist

Works — 40mm and a slim-for-a-chronograph case keep the Daytona wearable small. Try before buying.

7-inch wrist

The sweet spot; the ceramic bezel gives it presence without bulk.

7.5-inch wrist

Ideal; sits flat and secure on the Oyster.

8-inch wrist

Proportionate; Easylink gives on-the-fly fit adjustment.

The Goat's verdict

Buy or skip?

Editorial take: 9/10 — the definitive modern luxury chronograph.

The 116500LN is the watch the 2020s revolved around: perfect proportions, a bulletproof in-house chronograph caliber, and seven years of unmeetable demand. Post-discontinuation it trades as a modern classic — you will pay double retail for a watch everyone recognizes, and the liquidity means you can exit in a day if you must.

Skip if…

  • You want subtlety — nothing says 'luxury chronograph' louder
  • You want the latest tech — the 126500LN's Calibre 4131 adds Chronergy updates (at a similar premium)
  • You resent paying over retail — valid; a pre-owned 116520 (steel bezel) is the sleeper value

Homage tier · $150-$500

Available alternatives (Amazon-priced)

Roughly 97% of readers will never spend $25K+ on a chronograph. These homage alternatives deliver the Daytona layout at Amazon prices — clearly labeled, no pretense:

Pagani Design PD-1644

The benchmark Daytona-style homage — ceramic-look bezel, sapphire, VK63 meca-quartz chronograph.

Check Amazon price

Pagani Design PD-1727

Newer Daytona-style automatic from the same maker — check current specs in search.

Check Amazon price

Corgeut Daytona-style automatic

Budget panda-dial chronograph with sapphire at the bottom of the band.

Check Amazon price

Seiko solar chronograph (SSC series)

Not a homage — Seiko's own racing chrono with solar power and real heritage.

Check Amazon price
Browse all homage alternatives →

Side by side

116500LN vs. its siblings

ReferenceCase / bezelMovementPower reserveWhat changed
116500LN (this watch)40mm, black CerachromCal. 413072h2016–2023 — the ceramic-bezel icon
126500LN (2023– )40mm, Cerachrom with metal rimCal. 413172hCurrent — refined case, new caliber
116520 (2000–2016)40mm, engraved steel bezelCal. 413072hPredecessor — steel bezel, same movement family

After the purchase

Ownership costs

Cost itemDetail
Service intervalRolex recommends ~10 years; real-world chronograph owners service at 7–10 or on timing drift
Typical service cost$1,000–$1,500 at Rolex Service Center for a chronograph (estimate — verify locally)
InsuranceEssential at this value — agreed-value rider recommended
Parts availabilityExcellent — Rolex supports references for decades

Quick answers

Frequently asked questions

Is the Rolex 116500LN discontinued?

Yes — production ended in 2023 when the 126500LN (Calibre 4131) took over. As of our last check (2026-08-23) it is secondary-market only.

What is the lug-to-lug of the 116500LN?

Approximately 47mm by editorial measurement on the 40mm case with 20mm lug width. Verify against manufacturer data if precision matters.

Is the Daytona 116500LN a good investment?

It has been one of the strongest post-discontinuation performers, but you are buying after the premium formed, not before. Past performance is not a guarantee, and this is not financial advice.

116500LN vs 126500LN — which should I buy?

The 126500LN is the refined current watch (Calibre 4131, slimmer case lines, metal bezel rim). The 116500LN is the seven-year icon with the bigger cultural footprint. Market prices are close; choose on aesthetics and box/papers quality.

What movement is in the 116500LN?

The Rolex Calibre 4130: in-house automatic chronograph with column wheel and vertical clutch, 72-hour reserve, Superlative Chronometer rated to −2/+2 seconds per day.

Why is the white dial called 'Panda'?

White dial with black subdial rings — the black-on-white contrast reads like a panda's face. It carries a premium of several thousand dollars over the black dial in today's market (verify current spread).

How long was the AD waitlist for the 116500LN?

Famously years — most buyers never received the call. That scarcity is precisely why the reference trades at roughly double its $15,100 final retail today.

Channels, ranked by risk

Where to buy safely

Authorized Dealer

Not applicable — discontinued; the 126500LN is the boutique route, and it is allocation-driven.

Gray market / secondary dealers

The realistic route — one of the most liquid luxury watches made. Buy the seller: box/papers, recent references, escrow for five-figure deals.

Auction houses

Strong for unworn full sets; factor the buyer's premium (20%+).

Private sales

Cheapest and riskiest at this price — inauthentic and franken Daytonas are rampant; authenticate at a watchmaker before money moves.

Rolex, Submariner and reference numbers are trademarks of their respective owners, used here for identification only. The Watch Goat is not affiliated with or endorsed by any brand.

Nothing on this page is financial advice.

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The Watch Goat · Aug 16, 2026