Ask any serious watch collector to name the most difficult to
acquire, most highly sought after watch, and chances are that the same
name will come up time after time—the Daytona. The Rolex Cosmograph
Daytona, Ref. 116520, enjoys a status and cult-like following that no
other watch in the world can claim. The Daytona is offered in several
variations, but it is the stainless steel models (both white dial and
black dial versions) that are particularly prized by collectors. Rolex
sends each of their dealers a very limited number of the coveted
stainless steel Daytona variants each year. Not surprisingly, demand for
the Daytona far outstrips supply, as it has for many years, and nearly
every Rolex dealer maintains a long list of clients waiting for the
opportunity to purchase one. In recent months, the global economic
downturn has had a significant impact on supply and demand – it’s far
easier to acquire a Daytona from an authorized dealer than it
historically has been. As a result, the price of a 116520 Daytona in
the secondary markets has also softened considerably. I expect however
that as the global economy improves, demand and scarcity of the 116520
Daytona will likely return to previous conditions.
The 116520 comes in two versions – a white and black dial. I’m often
asked which version of the 116520 is more rare. Rolex doesn’t publish
production numbers, so no one can say for certain if they produce either
version in higher numbers than the other. In my personally opinion,
it is unlikely that this is the case – my guess is that Rolex produces
both variants in roughly equal numbers. I’ve owned several examples of
both and never noticed that one was any harder to acquire than the
other.
In terms of my personal preference, I happen to prefer the
white dial version over the black. There are several reasons why the
white dial is my Daytona of choice – Rolex happens to make several other
great watches with a black dial which I own, and relatively few white
dial watches, which makes it an easy choice for me, if for no other
reason.
Like the other watches in Rolex’s Oyster Professional series, the
Cosmograph Daytona is designed to be a robust watch with a specific
function in mind. Specifically, the Daytona is designed to measure and
calculate elapsed time and average speed via the chronograph registers
on the dial and the graduated tachymeter bezel. Given the utility of the
Cosmograph in sporting events, the Daytona has been designed to endure
the rigors that often accompany sports. The 40mm Oyster case and
Triplock crown combine to provide the Daytona an impressive 100 meters
(approximately 333 feet) of water resistance. The chronograph pushers
screw in to ensure the water resistance rating. The Cosmograph became
such an icon in the sport of auto racing, that during the late 1960s,
the watch earned the nickname “Daytona” after the Daytona International
Speedway. Rolex continues to be a very active sponsor in the world of
auto racing.
One cannot help but admire the beauty of the Daytona. Beneath the
sapphire crystal lies a pure white dial with white gold hands and
markers, which provide excellent legibility. The markers and hands are
also painted with Superluminova to provide low-light visibility. The
polished bezel, case and center links of the bracelet also add to the
attention-getting quality of the Daytona. Despite the highly polished
finish, the tachymetric scale of the bezel remains reasonably easy to
read, even in direct sunlight.
The bracelet and clasp of the Daytona are particularly interesting,
especially to long time Rolex fans. Like the Rolex Oyster case, the
Rolex Oyster style bracelet and flip-lock safety clasp are so
well-designed that they’ve influenced how watches have been designed for
decades. However, as well designed and executed as the Oyster bracelet
and clasp are, they have drawn criticism. The good news is that Rolex
has chosen to correct two minor points that have long been criticized,
even among the most ardent Rolex watch enthusiasts. First, the center
links of the Daytona bracelet are now entirely solid. The Rolex Daytona
and Yachtmaster are the first watches in the Oyster Professional line-up
with solid center links (not hollow as in other models, including the
famed Submariner). The Daytona bracelet is also fitted with an entirely
redesigned clasp that no other Rolex watch yet has. Gone is the thinly
stamped steel construction of the traditional Rolex flip-lock clasp. In
its place is a much higher quality deployant clasp (in both look and
feel) in solid, polished steel. I cannot give Rolex enough kudos for
this redesigned clasp. I hope that similarly designed clasps make their
way to the other watches in the Oyster Professional line. Some will
question the decision of Rolex to apply a polished finish—which shows
scratches more readily than a brushed finish—to the center links. But
with the solid center links and the redesigned clasp, the Daytona
bracelet is no doubt the finest that Rolex has ever produced.
From an horological perspective, the most exciting aspect of the
Rolex Daytona is the movement inside the polished case. The Rolex
Caliber 4130 made its debut in 2000, replacing the previous Daytona
Caliber 4030, which was based on a modified Zenith Caliber 400 El
Primero. With the 4130, Rolex joins an exclusive club comprised of a
handful of watch companies that can claim to manufacture the movements
for every watch they sell. Like most high-end chronograph movements, the
caliber 4130 uses a column wheel design to engage and control the
chronograph functions. Rolex uses an innovative vertical friction
coupling for engaging the column wheel functions. This particular
design feature is evident when the chronograph seconds hand is engaged.
The chronograph second hand exhibits a smooth start and is free of the
staggered movement so typical of other mechanical chronographs. This is
not simply a more cosmetically appealing feature; a smoother chronograph
hand means timekeeping with split-second accuracy.
The 44 jewel movement oscillates at 28,800 bph has power reserve of
72 hours, and a total parts count of 201 components. That number is
less than any other modern chronograph movement. Many manufacturers
pride themselves on intricately complex designs that necessitate a high
number of parts. Rolex takes the approach that less is more—fewer parts
means less maintenance and an all-around more robust and stable
movement.
With the caliber 4130, Rolex has, for the first time used ball
bearings (made of ceramic) in the automatic winding system. While the
winding system may appear to be identical to that used in previous,
non-chronograph calibers, (right down to the distinctive vented rotor
pattern) it is not. Most Rolex calibers rely on a single sleeve bearing
in concert with proper lubrication to keep the automatic winding rotor
spinning freely. The use of ceramic ball bearings means better rotor
spin efficiency and lower maintenance.
The free-sprung balance wheel is finely regulated via Microstella
screws and employs Rolex’s KIF shock absorption. Attached to the balance
is the Rolex “Parachrom Bleu” hairspring, with it’s unique
anti-magnetic and temperature resistant properties.
The caliber 41030 is self-winding via a bidirectional rotor but can also
be manually wound. Of course, no Caliber 4130 finds its way into a
Daytona case without first attaining COSC certification. Compared to
other legendary chronograph movements, such as the Piguet 1185, the
Rolex 4130 is arguably lacking in sophistication and fine finishing.
However, it has historically been Rolex’s adherence to simplicity and
practicality of design that has given its movements such legendary
reputations—the 4130 is no exception. In less than a decade of service,
the movement has already firmly established itself at the table with the
best chronograph movements in the world.
From the crystal to the clasp, I find it difficult to fault any aspect
of the Rolex Cosmograph Daytona. The $10,400 current retail price
compares quite favorably with other sport chronographs and is an
outstanding price to pay for those fortunate enough to buy at retail
price.
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