Watch Info
Manufacturer: Rolex
Model: Cosmograph Daytona
Condition: Excellent (Pre-Owned)
Reference: 116500LN
Year: 2023 (Warranty Card dated 2023)
Box: Yes
Papers: Yes
Accessories: Complete Set. Includes Rolex inner and outer boxes, 2023 Warranty Card, manuals, and white hang tag, and green chronometer hangtag.
Notes: The 116500LN is the watch that ended one of the longest waiting lists in retail history. Introduced in 2016 with a black Cerachrom ceramic bezel — the first ceramic bezel ever fitted to a Daytona — this reference immediately became the most sought-after Rolex in the modern era. The black dial variant (the -0002) is the more understated of the two configurations, pairing the jet-black ceramic bezel with a matching black "Panda-inverse" chronograph dial and white gold applied hour markers. Powered by the in-house Calibre 4130 — widely regarded as one of the finest chronograph movements ever produced — the 116500LN represents the definitive modern expression of a reference with over six decades of motorsport heritage behind it.
Condition Assessment
Overall Condition: Pre-Owned - Excellent. This 2023 example presents in essentially unworn condition throughout. The case, dial, and crystal are flawless. Note: There is a single, very light handling mark on the Oysterlock clasp — a minor surface contact mark consistent with careful handling rather than wear. It does not affect the functionality or overall presentation of the watch in any meaningful way.
Dial, Hands, & Crystal: The black chronograph dial is pristine. The white gold applied indices, subsidiary dials, and tachymetre scale are in perfect condition. The sapphire crystal is mint and free of any chips or scratches.
Case & Bezel: The 40mm Oystersteel case is sharp with strong, well-defined lug profiles retaining their full factory finishing. The black Cerachrom ceramic bezel is flawless, with no chips, scratches, or fading. The tachymetre scale is crisp and perfectly legible.
Bracelet & Clasp: The Oyster bracelet is tight with no stretch. The polished center links are essentially unmarked. The Oysterlock safety clasp with Easylink 5mm extension functions perfectly. Note: A very light handling mark is present on the exterior clasp face — cosmetically minor and in no way affecting function.
Technical Specifications
Reference: 116500LN-0002
Case Size: 40mm
Case Material: Oystersteel (904L)
Dial: Black with White Gold Applied Indices and Subsidiary Dials
Movement: Calibre 4130 (Manufacture Rolex, Automatic Chronograph)
Power Reserve: Approximately 72 Hours
Water Resistance: 100m
Notable Details: First ceramic-bezel Daytona, column-wheel chronograph with vertical clutch, Parachrom hairspring, and balance of 5-year Rolex international warranty through 2028.
Why the 116500LN Black Dial Remains the Modern Grail
The Daytona needs no introduction — but the 116500LN black dial deserves one of its own. While the white dial "Panda" configuration attracts the casual observer, the black dial is the collector's choice: more versatile, more legible under direct light, and more visually cohesive with the black ceramic bezel. It is a watch that works equally well against a suit cuff or a race suit, which is precisely what Gerald Genta intended when he penned the original Cosmograph in 1963.
This 2023 complete set example is as close to unworn as the secondary market offers. With the balance of its 5-year Rolex international warranty running through 2028, the next owner inherits not just one of the most desirable references in modern watchmaking but the full peace of mind of factory coverage. At $28,000, this represents a compelling market price for a black dial 116500LN in essentially unworn condition with full documentation — a reference that has never meaningfully softened in collector demand regardless of broader market conditions.
Why Buy From Us
We guarantee authenticity on every watch we sell, using detailed photographs to ensure when you receive your watch, there are no surprises!
Authentication Guaranteed: Every watch undergoes rigorous verification—serial number cross-check, movement analysis, and full condition report.
Transparent Condition Reporting: We document every detail—both strengths and minor imperfections—so you know exactly what you're purchasing.
Secure Shipping: Your watch ships via fully insured, tracked service (e.g., FedEx Overnight) with signature required.
Post-Sale Support: We are available for servicing and maintenance, and are also happy to make suggestions for accessories (straps, winders, storage, etc…)
Watch Info
Manufacturer: Rolex
Model: Cosmograph Daytona
Condition: Excellent (Pre-Owned)
Reference: 116500LN
Year: 2023 (Warranty Card dated 2023)
Box: Yes
Papers: Yes
Accessories: Complete Set. Includes Rolex inner and outer boxes, 2023 Warranty Card, manuals, and white hang tag, and green chronometer hangtag.
Notes: The 116500LN is the watch that ended one of the longest waiting lists in retail history. Introduced in 2016 with a black Cerachrom ceramic bezel — the first ceramic bezel ever fitted to a Daytona — this reference immediately became the most sought-after Rolex in the modern era. The black dial variant (the -0002) is the more understated of the two configurations, pairing the jet-black ceramic bezel with a matching black "Panda-inverse" chronograph dial and white gold applied hour markers. Powered by the in-house Calibre 4130 — widely regarded as one of the finest chronograph movements ever produced — the 116500LN represents the definitive modern expression of a reference with over six decades of motorsport heritage behind it.
Condition Assessment
Overall Condition: Pre-Owned - Excellent. This 2023 example presents in essentially unworn condition throughout. The case, dial, and crystal are flawless. Note: There is a single, very light handling mark on the Oysterlock clasp — a minor surface contact mark consistent with careful handling rather than wear. It does not affect the functionality or overall presentation of the watch in any meaningful way.
Dial, Hands, & Crystal: The black chronograph dial is pristine. The white gold applied indices, subsidiary dials, and tachymetre scale are in perfect condition. The sapphire crystal is mint and free of any chips or scratches.
Case & Bezel: The 40mm Oystersteel case is sharp with strong, well-defined lug profiles retaining their full factory finishing. The black Cerachrom ceramic bezel is flawless, with no chips, scratches, or fading. The tachymetre scale is crisp and perfectly legible.
Bracelet & Clasp: The Oyster bracelet is tight with no stretch. The polished center links are essentially unmarked. The Oysterlock safety clasp with Easylink 5mm extension functions perfectly. Note: A very light handling mark is present on the exterior clasp face — cosmetically minor and in no way affecting function.
Technical Specifications
Reference: 116500LN-0002
Case Size: 40mm
Case Material: Oystersteel (904L)
Dial: Black with White Gold Applied Indices and Subsidiary Dials
Movement: Calibre 4130 (Manufacture Rolex, Automatic Chronograph)
Power Reserve: Approximately 72 Hours
Water Resistance: 100m
Notable Details: First ceramic-bezel Daytona, column-wheel chronograph with vertical clutch, Parachrom hairspring, and balance of 5-year Rolex international warranty through 2028.
Why the 116500LN Black Dial Remains the Modern Grail
The Daytona needs no introduction — but the 116500LN black dial deserves one of its own. While the white dial "Panda" configuration attracts the casual observer, the black dial is the collector's choice: more versatile, more legible under direct light, and more visually cohesive with the black ceramic bezel. It is a watch that works equally well against a suit cuff or a race suit, which is precisely what Gerald Genta intended when he penned the original Cosmograph in 1963.
This 2023 complete set example is as close to unworn as the secondary market offers. With the balance of its 5-year Rolex international warranty running through 2028, the next owner inherits not just one of the most desirable references in modern watchmaking but the full peace of mind of factory coverage. At $28,000, this represents a compelling market price for a black dial 116500LN in essentially unworn condition with full documentation — a reference that has never meaningfully softened in collector demand regardless of broader market conditions.
Why Buy From Us
We guarantee authenticity on every watch we sell, using detailed photographs to ensure when you receive your watch, there are no surprises!
Authentication Guaranteed: Every watch undergoes rigorous verification—serial number cross-check, movement analysis, and full condition report.
Transparent Condition Reporting: We document every detail—both strengths and minor imperfections—so you know exactly what you're purchasing.
Secure Shipping: Your watch ships via fully insured, tracked service (e.g., FedEx Overnight) with signature required.
Post-Sale Support: We are available for servicing and maintenance, and are also happy to make suggestions for accessories (straps, winders, storage, etc…)
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