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Rolex — Cosmograph Daytona

126500LN

Oystersteel, Black Cerachrom Bezel – Introduced 2023

Rolex Daytona 126500LN

Introduced at Watches & Wonders 2023 for the Daytona’s 60th anniversary, the 126500LN is the most resolved steel Daytona ever produced. Thinner case, more symmetrical lugs, a new Caliber 4131, and 72 hours of power reserve. Two dials. One reference that has defined the modern grail watch conversation for the better part of a decade.

Basic Info

BrandRolex
ModelDaytona
Reference126500LN
MovementAutomatic
Case MaterialSteel
Bracelet MaterialCeramic, Steel
Years Produced2023, 2024, 2025, 2026
GenderMen’s / Unisex

Caliber

MovementAutomatic
Caliber4131

Case

MaterialSteel
Diameter40mm
Water Resistance10 ATM / 100m / 330ft
CrystalSapphire
DialBlack, White

Bracelet

MaterialCeramic, Steel
ColorSilver, Steel
Clasp MaterialSteel

Functions

FunctionsChronograph, Tachymeter

Current Price Range

Based on 59 recent Luxury Bazaar sales across both the white dial and black dial 126500LN. Prices are updated as pieces are added or sold.

Average Sale Price

$32,064

Highest Sale

$40,000

Lowest Sale

$24,000

Sales Recorded

59

Unworn

White Dial (Panda) — Box & Papers

$39,500

Full set, 2024 warranty card

Unworn

Black Dial (Reverse Panda) — Box & Papers

$32,900

Full set, 2025 warranty card

Pre-Owned

White Dial (Panda) — Box & Papers

$35,500

Excellent condition, 2023

Pre-Owned

Black Dial (Reverse Panda) — No Papers

$25,950

Very good condition, 2023

In Stock Now

How the Daytona
Got Here

1963 – 1969

Ref. 6239

The Cosmograph debuted without the Daytona name, which didn’t appear on dials until 1965. Powered by the manual-wind Valjoux 72 in a 37mm case, it was a modest seller. Its exotic dial variants, later known as Paul Newman dials for their Art Deco subdial treatment, were considered slow movers at launch. Today those same dials are among the most valuable watches ever auctioned. Newman’s personal 6239 sold for $17.8 million in 2017.

Manual wind • Valjoux 72 • 37mm • Acrylic crystal

1971 – 1988

Refs. 6263 & 6265

Screw-down pushers arrived, adding 50m water resistance. The 6263 wore a black acrylic bezel; the 6265 used an engraved steel bezel. Both ran the Valjoux 727. The “Big Red” 6265, released in 1972 with red Daytona text, became one of the most recognized dial executions in watch history. Paul Newman dials were produced across both references and five others, totaling six refs with exotic dials before production ended in the 1980s.

Manual wind • Valjoux 727 • 37mm • 50m WR

1988 – 2000

Ref. 16520

The Daytona finally went automatic. Rolex used the Zenith El Primero as a base, then modified over half its components: reducing frequency from 36,000vph to 28,800vph, removing the date, and fitting a larger free-sprung balance. The case grew to 40mm, gained crown guards, and moved to sapphire crystal. Early “Floating Dial” and “Inverted Six” examples are particularly valuable today. The 16520 is the watch that made the Daytona commercially significant.

Automatic • Cal. 4030 (modified Zenith) • 40mm • Sapphire crystal

2000 – 2016

Ref. 116520

After more than a decade of development, Rolex debuted the fully in-house Caliber 4130: column-wheel, vertical clutch, 48-hour power reserve. The case stayed at 40mm but the clasp evolved through two versions. “Patrizzi” dials, white subdial rings on early examples that age to warm brown, became one of the most sought-after modern Rolex variations. The 116520 ran for 16 years and defined the Daytona as a collector-tier reference.

Automatic • Cal. 4130 • In-house manufacture • 48hr power reserve

2016 – 2023

Ref. 116500LN

LN stands for Lunette Noire. The engraved steel bezel was replaced with a Cerachrom ceramic insert: scratch-resistant, fade-proof, with a sharper tachymeter scale. The white dial Panda quickly became the most in-demand watch in the world, routinely trading at two to three times retail during peak market years. Caliber 4130 carried over. The 116500LN is now discontinued, making clean full-set examples increasingly collectible.

Cal. 4130 • Cerachrom bezel • Discontinued 2023

2023 – Present

Ref. 126500LN

Introduced for the Daytona’s 60th anniversary. The case drops to 11.9mm, half a millimeter thinner than the 116500LN. Lugs are more symmetrical and curve more aggressively toward the wrist. A steel ring now frames the ceramic bezel insert. Hour markers are slimmer. The new Caliber 4131 extends power reserve from 48 to 72 hours. Two dials: white with black subdials and black with silver subdials.

Cal. 4131 • 72hr power reserve • 11.9mm • Current production

126500LN Dial Variants

Rolex Daytona 126500LN Black Dial

The Panda

White Dial / Black Subdials

The higher-demand of the two. White lacquered dial with black subdial rings, applied 18k white gold hour markers, and Chromalight lume. The Panda traces directly to the original 6239 layout and commands the largest secondary market premium of any current-production Daytona. Full-set examples with recent warranty card dates are the most liquid.

m126500ln-0001

Rolex Daytona 126500LN White Dial

The Reverse Panda

Black Dial / Silver Subdials

Black lacquered dial with silver-toned subdial rings. Reads more aggressively, particularly against the Cerachrom bezel in direct light. Historically the standard steel Daytona configuration going back to the 6263. Slightly more available on the secondary market than the Panda and no less desirable among collectors who prefer a darker dial.

m126500ln-0002

Rolex Daytona 126500LN News

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We source 126500LN examples continuously. Tell us the dial, condition, and whether you need box and papers, and we’ll reach out when the right piece comes in.