Released in 2004, Reference 116509 was an important stepping stone with many firsts for Rolex. Reference 116509 was the first white gold Daytona to be fitted on a white gold bracelet. It also housed Caliber 4130, Rolex’s first inhouse chronograph movement replacing the beloved Zenith-based caliber. The new movement had less parts than its predecessor, allowing for easier serviceability while also increasing the power reserve from 54 to 72 hours.

The present lot features a matte black dial with red accents and chronograph hands. The contrast is heightened with white gold numerals that playfully surround the dial. The white gold bezel has an engraved tachymeter scale which has been filled in with black paint for contrast. A screw down crown and pushers help ensure Rolex’s guarantee of a 100 meter water depth rating.