Rolex 116500LN Daytona
Daytona › 116500LN
The 116500LN is the 40mm steel Daytona made from 2016 until the 126500LN replaced it in 2023. It uses caliber 4130, a black Cerachrom tachymeter bezel, and contrasting white or black dials. The case and movement remain close to the preceding 116520; the bezel and dial treatment are the visible changes.
Core facts
| detail | value |
|---|---|
| reference | 116500LN |
| family | Daytona |
| production | 2016 to 2023; succeeded by 126500LN in March 2023 |
| movement | caliber 4130 |
| case | 40mm 904L Oystersteel, about 12.2mm thick, screw-down pushers |
| crystal | sapphire, flat, no Cyclops |
| water resistance | 100m |
| bezel | Cerachrom monobloc ceramic, black tachymeter with platinum PVD numerals |
| bracelet | Oyster with Oysterlock and Easylink 5mm toolless extension |
| lume | Chromalight |
| dials | white with black subdials ("Panda", 116500LN-0001) or black with grey-silver subdials (116500LN-0002) |
| launch price | CHF 11,800 / EUR 11,300 / USD about 12,400 |
| predecessor | 116520 |
| successor | 126500LN (40mm, caliber 4131) |
Where it sits in the line
The 116500LN replaced the 116520 after its sixteen-year run. Both use the 40mm steel case family and caliber 4130; the 116500LN changes to a black Cerachrom bezel and contrasting subdial layouts. Allocation and resale demand varied over the production period and are market context rather than a reference specification.
At Baselworld 2016 Rolex presented the ceramic-bezel 116500LN alongside the existing steel-bezel model. The 116520 was then discontinued as the new reference reached the market; published histories do not give a long production overlap.
The 126500LN took over in March 2023 with the same ceramic bezel, a slightly thinner 11.9mm case, a reworked Oysterlock clasp, and the new caliber 4131. Rolex reshaped the bezel geometry around the platinum PVD numerals and thinned the subdial rings, but the reference stayed a 40mm steel ceramic Daytona. That leaves the 116500LN holding the older case proportions and the caliber 4130 Rolex had been refining since 2000, a combination now closed off by the end of production.
The 116500LN retains the earlier steel-case profile and unframed monobloc ceramic bezel. The 126500LN revised the lug and bezel geometry and added a metal bezel surround while remaining a 40mm steel Daytona.
The precious-metal siblings on the same case generation are the two-tone Rolesor 116503, the yellow gold 116508, and the white gold 116509, all three keeping engraved gold bezels while the parallel LN references carried Cerachrom. The 116500LN is the steel member of that generation and the first steel Daytona reference with a Cerachrom bezel.
What changed from the 116520
| feature | 116520 | 116500LN |
|---|---|---|
| bezel | aluminum tachymeter, engraved and painted | Cerachrom ceramic monobloc, platinum PVD numerals |
| tachymeter numerals | straight-line geometry around the bezel | shifted to a curved-axis layout for ceramic fitment |
| lume | Super-LumiNova (green glow) | Chromalight (blue glow) |
| dial | white or black with colour-matched subdials on late production, and contrasting subdials on the 2000 launch | white with black subdials, or black with grey-silver subdials, both contrasting throughout the run |
| case finishing | brushed/polished contrast retained | same, with Oystersteel 904L unchanged |
| movement | caliber 4130 | caliber 4130, unchanged |
The 116500LN keeps the 116520's case, movement, bracelet architecture, and most of the dial printing. Bezel material, lume formula, and subdial treatment are the whole of the change.
Production outline
Published sources treat the 116500LN as one production generation. The two dial layouts, caliber 4130, Cerachrom bezel, and Oyster bracelet remain consistent; minor printing differences in collector photographs are not an established factory variant system.
Rolex introduced the 126500LN at Watches & Wonders Geneva in March 2023. Auction catalogues and reference histories therefore use 2023 as the end of the 116500LN production run; later retail deliveries do not establish later assembly.
Movement notes
Rolex introduced caliber 4130 in 2000 on the 116520. It powered the steel Daytona through the 116500LN run, with a 72-hour reserve and the same core architecture.
The architecture uses a column wheel and vertical clutch with a stated 72-hour power reserve. The 116500LN uses the same caliber as the 116520 without a reference-specific movement change.
The 4130 replaced the Zenith-based caliber 4030 with a longer reserve, a full balance bridge, a free-sprung Microstella balance, and a Parachrom hairspring. Hodinkee also records construction details such as a hairspring protection block and playless chronograph-train gears. These are caliber features shared with the 116520, not 116500LN variant markers.
The 4131 succeeded it on the 126500LN, keeping the column wheel and vertical clutch and adding the Chronergy escapement Rolex had rolled across the three-hand sport lines through the late 2010s and early 2020s. The 4131 keeps the column wheel and vertical clutch and remains rated at roughly 72 hours; its escapement and other details differ from the 4130.
Dial map
Panda (white dial)
The 116500LN-0001 is the white-dial option. It has black snailed subdials at 3, 6, and 9, applied white-gold hour markers with Chromalight, and a red DAYTONA signature above six. There is no date display.
Panda is collector shorthand for a white face against contrasting dark subdials; Rolex does not use the term in its catalogues.
Black dial
The 116500LN-0002 is the black-dial option. Layout matches the Panda: three subdials at 6, 9, and 3, applied white-gold indices, no date. The subdials are finished in a silver-grey snailed treatment that reads as a softer contrast against the black base than the crisp black-on-white of the Panda. The DAYTONA signature stays red, and the minute track sits in white printing.
-
Black-dial 116500LN
-
Black dial macro: lacquer base, silver-grey snailed subdials, red DAYTONA
The two dials are distinct catalogue options. Auction comparisons vary with condition, papers, and sale date.
Dial printing drift
Forum threads track small printing differences across the run on both dials. Slightly thinner font weight on some mid-run bottom-line text, minor spacing shifts in the lower half, and subtle subdial-texture variation all show up under macro lighting. None of it has hardened into a named variant, and no collector taxonomy for the 116500LN has formed. These observations remain descriptive; no named dial variant has been established for the run.
Case, bezel, crystal, and crown notes
Case
The case is 40mm in 904L Oystersteel, about 12.2mm thick, with brushed top surfaces and polished flanks. Lug-to-lug runs at roughly 47mm, unchanged from the 116520. The ceramic bezel required no case tooling changes, so the two references wear identically save for the bezel material, and a 116500LN buyer was getting the case and bracelet the 116520 had carried since 2000.
Bezel
The Cerachrom bezel is a monobloc ceramic ring with a moulded tachymeter scale. Platinum deposited by PVD forms the numerals and graduations. It replaces the aluminum insert used on the 116520.
Cerachrom reached the Daytona before this reference did. The Everose 116515LN carried a ceramic bezel from 2011 and the platinum 116506 from 2013. The 116500LN brought that bezel material to the steel Daytona for the first time.
The numeral geometry moved with the material. Aluminum-insert tachymeter scales sat on a flat radial layout; the 116500LN numerals follow a subtly curved axis matched to the ceramic's surface tension and firing tolerances. The difference is invisible in a wrist shot and obvious with a 116520 alongside.
Ceramic resists ordinary scratching and colour change, but it can chip or crack under impact. Inspect the bezel for chips, cracks, and damaged numerals rather than assuming it is indestructible.
Crystal
Flat sapphire, and no Cyclops, because the Daytona carries no date. Thickness and radius match the 116520 exactly. Rolex's published documentation specifies no anti-reflective coating.
Crown
Triplock screw-down with crown guards, rated with the case to 100m. The crown is dimensionally identical to the 116520's, carrying the Rolex coronet and the three dots that mark Triplock sealing.
Pushers
The chronograph pushers are screw-down, as on the 116520 and earlier screw-down Daytona references. Their operation and travel are part of the watch-specific inspection.
Bracelets, end links, clasps, and packaging notes
Bracelet
Oyster, 20mm at the lugs, solid links throughout, with solid end links coded into the case. Measurement and construction are identical to the 116520 bracelet.
Clasp
The clasp is Oysterlock with Easylink. Oysterlock is the locking safety flap Rolex uses across the modern Professional line; Easylink is the toolless extension, a flip-out internal tab that adds five millimetres in a single step. The Glidelock on the ceramic Submariner adjusts continuously across a wider range. Easylink gives one fixed increment, less travel but faster to deploy on the wrist.
Nothing in the bracelet system changed between the 116520 and the 116500LN. The 126500LN reworked the clasp architecture, which leaves the 116500LN as the last Daytona on the older Oysterlock.
Packaging
Standard Rolex green box of the 2010s-2020s era with warranty card, Superlative Chronometer tag, booklets, and hang tags. Warranty format during the 116500LN run was the credit-card-style card rather than the earlier paper card. Full-set examples in the market carry the card, tag, and both booklets; the earliest examples from 2016 may carry transitional hang-tag formatting.
Special editions
Antiquorum catalogued an Asprey-customised red-dial 116500LN in 2025 as part of a stated 25-piece series, with a customised dial and caseback. The lot is evidence of a retailer-linked presentation branch, not a Rolex catalogue variant. Other customised or double-signed examples need the same lot-specific documentation.
Other 116500LN watches surface with engraved casebacks for institutional customers or double-signed dials for retailer anniversaries. Those are personalisation on a standard watch, not distinct reference variants.
Market and collector context
The reference drew strong demand after launch, and prices moved sharply during the 2020–2022 watch-market rise. Public asking prices and auction results should be read by date and condition; they do not describe a fixed value for every 116500LN.
| Sale | Lot | Year | Configuration | Result / estimate |
|---|---|---|---|---|
| Phillips Geneva Sessions | 80 | 2026 | 2018 black dial, box and papers | CHF 24,130 |
| Sotheby's New York | 535 | 2025 | circa-2016 black dial, box and papers | est. USD 15,000–25,000 |
| Antiquorum Geneva | 788 | 2025 | Asprey red dial, stated 25-piece series | est. CHF 150,000–250,000 |
Prices softened after the 2022 peak, with later records varying by dial, condition, and papers. The 116500LN is the last steel Daytona on caliber 4130 and the first steel Daytona with a Cerachrom bezel; those are reference facts, separate from market cycles.
The 126500LN replaced it in 2023 with caliber 4131 and revised case details. Auction comparisons should keep the two references separate.
Related references
- Daytona 116508, Yellow Gold, Cal 4130 (2016–2023)
- Daytona 116505, Everose Gold (2008–2023)
- Daytona 116520, Steel, Cal 4130 (2000–2016)
- Daytona 116528, 2000–2016
- Daytona 116518, 2000–2015
- Daytona 16519, White Gold Zenith (1989–2000)
See also the Daytona family index, movement reference, bracelet & clasp guide, and serial numbers by year.
Sources
- Reference 116500LN, Geneva Sessions Spring 2026 lot 80 (Phillips, 2026)
- Reference 116500LN, lot 535 (Sotheby's, 2025)
- Asprey-customised 116500LN, lot 788 (Antiquorum, 2025)
- The Vintage Rolex Field Manual, Colin A. White, Morning Tundra
- Jack Forster, "A Week On The Wrist: The Rolex Daytona Ref. 116500LN", Hodinkee, 2020-01-01
- Richard Lee, "Introducing the Rolex Daytona in Steel with a Black Ceramic Bezel Ref. 116500LN", SJX Watches, 2016-03-16
- Richard Lee, "Prudent Meditations on the Rolex Daytona Ceramic", SJX Watches, 2016-06-21
- Frank Geelen, "Rolex Daytona 116500LN in steel with Cerachrom black bezel Hands-On", Monochrome, 2016-03-17
- Brice Goulard, "Market Analysis: Continuous Rise in Price of the Rolex Daytona 116500LN", Monochrome, 2021-03-05
- "Rolex Daytona ref. 116500LN review", Time+Tide, 2019-04-30
- "An Owner Review Of The Rolex Daytona 116500LN", Fratello
- "New Rolex Daytona 2016 - What Changed", Fratello, 2016-01-01
- Nick Gould, "Review: Rolex Cosmograph Daytona 116500LN", Deployant, 2016-04-12
- "The Definitive Guide To The 2023 Steel Rolex Daytona Watch Vs Previous 116500LN Version", aBlogtoWatch, 2023-01-01
- "The Price Performance of the Rolex Daytona Cosmograph Ref. 116500LN in 2021", Oracle Time, 2021-12-11
- "Unusual Purple Rolex Daytona up for Sale at Sothebys", Oracle Time, 2023-12-04
- "Rolex Ref. 116500LN Cosmograph Daytona made by Asprey, red dial, limited edition of 25", Antiquorum Geneva, 2025-05-01
- "Rolex Ref. 116500LN Cosmograph Daytona unique piece made by Asprey, purple dial", Antiquorum Geneva, 2025-05-01
- "Asprey Reference 116500LN Daytona, yellow dial, unique piece, case 1/1", Sotheby's, 2024-12-13
- "Rolex Daytona 116500LN A Stainless Steel Capsule Collection 2019 Lot 2", Sotheby's, 2019-01-01
- "Rolex 116500LN Black Dial December 2021 Lot 72", Bonhams, 2021-12-01
- "Insider: Rolex Cosmograph Daytona Cerachrom Bezel ref. 116500LN", Watch Collecting Lifestyle, 2016-01-01
- "Rolex Daytona 116500LN Ultimate Collectors Guide", Bob's Watches
- "116500 vs 126500 Comparison", WatchGuys
- Ripley Sellers, "The Ultimate Rolex Panda Daytona Buyer Guide in 2025", Wrist Aficionado, 2024-05-13
- "My few words on the 116500LN", RolexForums
- "116500LN White or Black?", RolexForums
- "116500LN Supply and Availability", RolexForums
