The financial performance of the Rolex Daytona 116500 is very good, despite the clear drop in prices from mid-2022. At the time of writing in January 2023, you could buy a new model with a black dial on Chrono24 for around 31,500 USD. Back in January 2021, the same watch was selling for closer to 26,000 USD, which means the reference has increased in value by 21% in just two years. Compared to Rolex's list price of 13,500 USD, the watch's value has risen by a staggering 133% on the secondary market.
The white dial version is slightly more popular and therefore also more expensive. In January 2023, prices for mint-condition models were around 35,500 USD. Two years earlier, the watch was valued at roughly 27,500 USD, meaning it climbed by some 8,000 USD. Pre-owned Daytona 116500s demand similar prices to new models.
Interestingly, the Daytona 116500LN changes hands for less than its predecessor, the ref. 116520, regardless of dial color and condition. A lot of Daytona fans are drawn to the more classic steel bezel, increasing demand for the timepiece and pushing prices up.