An In-Depth Look at the Rolex Rainbow Daytona

An In-Depth Look at the
Rolex Rainbow Daytona

In the pantheon of luxury watches, few are as mesmerising and distinctive as the Rolex Rainbow Daytona. This timepiece is not just a watch; it's a marvel of craftsmanship and a bold statement in the world of haute horlogerie. The Rolex Daytona series, revered for its connection with motor racing and celebrated for its precision, takes a leap into the extraordinary with the Rainbow edition.

The Rainbow Daytona is a breathtaking spectacle, adorned with nearly 100 high-quality gemstones. Each watch features a dazzling array of sapphires in rainbow hues around the bezel, complemented by diamond-set lugs and a diamond-paved dial. This opulent use of precious stones is not just for embellishment; it's a showcase of Rolex's unparalleled mastery in gemology and watchmaking.

What sets the Rainbow Daytona apart is not just its lavish aesthetics but its scarcity. Rolex releases these models in extremely limited quantities, adding to their allure and exclusivity. Each Rainbow Daytona is a rare treasure, sought after by collectors and watch enthusiasts worldwide. The rarity is not just a matter of production numbers but also of the meticulous process involved in selecting and setting each gemstone. It takes Rolex's most skilled artisans countless hours to create a single Rainbow Daytona, making each piece as unique as it is exquisite.

The Rainbow Daytona's distinctiveness also lies in its challenge to Rolex's traditional design ethos. Known for their elegant, understated luxury, Rolex watches typically embody a classic, timeless style. However, the Rainbow Daytona breaks this mould with its bold, vibrant colours and lavish use of gemstones. It's a statement piece that defies convention, a watch that stands out in any collection.

In sum, the Rolex Rainbow Daytona is more than a timekeeper; it's a symbol of opulence, a masterpiece of horological art, and a testament to the extraordinary capabilities of one of the world's most prestigious watchmakers. In this guide, we'll delve deep into every aspect of the Rainbow Daytona, exploring its history, craftsmanship, and the unique allure that makes it one of the most coveted watches in the world.

Historical Context

Historical Context

When the Rolex Daytona first appeared in 1963, it was not yet the highly sought-after symbol it is today. Its ascent began with the introduction of a self-winding movement in the late 1980s, propelling it to prominence as a pivotal sports watch of the 21st century.

Known for its diversity, the Cosmograph Daytona offers over 60 different models, including various materials and styles. Despite the Daytona's reputation for variety and flair, the emergence of the Rainbow Daytona marked an unprecedented departure, taking its place as an extraordinary spectacle in Rolex's luxury lineup.

Rolex’s Experimentation with Gem-Set Watches

Rolex's journey into the world of gem-set watches began as an extension of their quest for perfection and luxury. Historically, Rolex has always been a brand associated with unrivalled precision and durability, but it was in the latter part of the 20th century that they started embellishing their timepieces with precious stones. This move was a bold statement in the luxury watch industry, as it combined the functional reliability of a Rolex with the opulence of fine jewellery.

The company's expertise in gemology grew over the years, with each piece reflecting a rigorous process of selecting and setting gems to meet their high standards. Rolex’s gemologists, with their scrupulous eye for detail, handpick each diamond, ruby, sapphire, and emerald to ensure that they meet exacting specifications for size, shape, and colour.

The Debut of the Rainbow Daytona

The Rainbow Daytona first made its appearance in 2012, unveiled at the world-renowned Baselworld watch and jewellery show. Its debut was a spectacle that caught the attention of watch enthusiasts and collectors worldwide. The watch was a stunning display of Rolex's craftsmanship in gem-setting and a bold new direction for the Daytona line.

The Rainbow Daytona was distinct not just in its aesthetics but also in its conception. Each piece was a canvas where Rolex's mastery in watchmaking and gemology converged. The rainbow-coloured bezel set with sapphires in gradient hues was not just a design choice but a technical challenge, requiring the meticulous selection and arrangement of stones to create a seamless flow of colour.

The Unique Place of the Rainbow Daytona

The Rainbow Daytona is an exceptionally rare and off-catalogue watch, distinguished by its bold and luxurious design. This distinct model, not listed on Rolex's official website, is produced in very limited quantities. Its opulent aesthetics and rarity have made it a significant piece, often trading for more than three times its original retail price, showcasing Rolex's capabilities both as a watchmaker and a jeweller.

Artistry & Craftsmanship

Artistry & Craftsmanship

Each element, from the vibrant gemstones to the precision of their setting, and the exceptional detailing of the dial and case, contributes to the watch's captivating allure. This masterpiece of horological art is not just about telling time; it's about showcasing the pinnacle of Rolex's expertise in watchmaking and gemology.

The Rainbow Daytona Case

The case of the Rolex Rainbow Daytona is a marvel of meticulous craftsmanship and luxurious design. Crafted in 18k gold, available in yellow, white, or Rolex’s signature Everose gold, it exudes a sense of classic elegance blended with modern sophistication. 

The lugs and crown guards are adorned with 56 brilliant-cut diamonds, carefully selected and set to enhance the watch's overall brilliance and charm. These diamonds vary in size according to their positioning, demonstrating Rolex’s attention to detail. The brilliant-cut technique used on these diamonds is specifically designed to maximise light reflection, ensuring that the watch dazzles from every angle. This emphasis on precision and luxury is a testament to Rolex’s standards in high-quality watchmaking, making the case of the Rainbow Daytona not just a protective shell for the timepiece, but a work of art in its own right.

The Rainbow Daytona Dial

The dials of the Rolex Rainbow Daytona models are a testament to Rolex's unmatched craftsmanship. 

The yellow and white gold models feature eight brilliant-cut diamonds as hour markers, with Arabic numerals at 3, 6, and 9 o'clock, and the iconic Rolex coronet at 12 o'clock. 

The Everose gold model distinguishes itself with sapphire hour markers, echoing the bezel's rainbow, and offers a luxurious diamond pavé dial option. 

All three models include intricate sub-dials, finished in a gold crystal texture and colour-matched to the case's gold. This detailed design approach emphasises Rolex's ability to blend visual splendour with functional elegance.

The Rainbow Daytona Bezel

The bezel of the Rolex Rainbow Daytona is a key feature that defines its unique appeal. It is adorned with 36 baguette-cut sapphires, carefully chosen for their vibrant colours to create a seamless rainbow effect around the watch face. This meticulous selection and arrangement demonstrate Rolex's dedication to precision and aesthetic harmony. The sapphires' gradient colour transition from one hue to the next showcases the brand's exceptional gem-setting skills. This craftsmanship not only adds to the watch's visual appeal but also exemplifies Rolex's ability to blend technical artistry with luxury.

The challenge of finding and perfectly matching 36 baguette-cut sapphires for the bezel's rainbow effect contributes significantly to the watch's rarity. The precision and skill required to achieve such a seamless colour transition from one sapphire to the next are immense. This demanding process likely limits the number of Rainbow Daytona watches that can be produced, making each piece a rare and coveted item among collectors and watch enthusiasts.

Understanding the References

Understanding the References

To better understand the distinctive features of the Rolex Rainbow Daytona models, we have compiled a comparison table. This table provides a detailed overview of the key characteristics across three major references: the yellow gold (Ref. 116598RBOW), white gold (Ref. 116599RBOW), and Everose gold (Ref. 116595RBOW) models. Each row highlights a specific aspect of the watch, such as the case size, material, dial design, and unique gemstone settings, offering a comprehensive understanding of what makes each reference unique.

Feature
Ref. 116598RBOW (Yellow Gold)
Ref. 116599RBOW (White Gold)
Ref. 116595RBOW (Everose Gold)
Ref. 116598RBOW (Yellow Gold)
Ref. 116599RBOW (White Gold)
Ref. 116595RBOW (Everose Gold)
Case Size
40mm
40mm
40mm
Material
18k Yellow Gold
18k White Gold
18k Everose Gold
Release Year
2012
2012
2018
Functions
Time w/ Running Seconds, 12-Hour Chronograph
Time w/ Running Seconds, 12-Hour Chronograph
Time w/ Running Seconds, 12-Hour Chronograph
Bracelet
Yellow Gold Oyster Bracelet
White Gold Oyster Bracelet
Oyster Bracelet, Optional Diamond Pavé
Gemstones
Sapphires, Diamonds
Sapphires, Diamonds
Sapphires, Diamonds
Bezel Gemstones
Baguette-Cut Sapphires
Baguette-Cut Sapphires
Baguette-Cut Sapphires
Movement
Rolex Caliber 4130
Rolex Caliber 4130
Rolex Caliber 4130
Dial Colour
Black, with Yellow-Gold Sub-Dials
Black, with White-Gold Sub-Dials
Black, with Everose-Gold Sub-Dials. Diamond Pavé Dial Option
Hour Markers
Diamonds, Arabic Numerals
Diamonds, Arabic Numerals
Coloured Sapphires
Sub-Dial Finish
Gold Crystal Finish
Gold Crystal Finish
Gold Crystal Finish
Water Resistance
100 Metres / 330 Feet
100 Metres / 330 Feet
100 Metres / 330 Feet

The Rolex Rainbow Daytona models, while sharing the core essence of luxury and craftsmanship, exhibit distinct characteristics. The yellow and white gold versions feature classic diamond hour markers and Arabic numerals, maintaining a traditional yet opulent style. In contrast, the Everose gold model introduces a more contemporary design with coloured sapphire hour markers, reflecting the bezel's hues, and offers an exclusive diamond pavé dial.

Rarity

Rarity

The rarity of the Rolex Rainbow Daytona is underscored by the absence of production numbers and its exclusion from the official Rolex website, suggesting extremely limited production. 

These watches are crafted for a select group of Rolex customers, making them highly exclusive. Their scarcity is evident in the pre-owned market, where they seldom appear. When available, they command prices significantly higher than their original retail value, reflecting their coveted status among collectors and luxury watch enthusiasts.

How Much Does a Rainbow Daytona Cost?

How Much Does a Rainbow Daytona Cost?

The Rolex Rainbow Daytona has experienced a significant appreciation in value from its retail price. The Everose Gold (Ref. 116595RBOW), initially retailing around $97,500, has seen its value surge to between $441,000 (£347,958) and $444,500 (£350,719) at recent auctions, as you will see in the table below. 

The White Gold (Ref. 116599RBOW) and Yellow Gold (Ref. 116598RBOW) models, starting at about $90,000, have achieved extraordinary auction prices up to HKD 2,772,000 (£280,510) and $441,000(£347,959), respectively. 

This marked increase in market value highlights the exceptional demand and rarity of these timepieces in the collector's market.

Model and Reference
Image
Approx. Retail Price
Current Market Value (Based on Recent Auction Results)
Recent Auction
Ref. 116595RBOW (Everose Gold)
Ref. 116595RBOW (Everose Gold)
$97,500 (£76,326)
$441,000(£347,958)
Ref. 116595RBOW (Everose Gold)
Ref. 116595RBOW (Everose Gold)
$97,500 (£76,326)
$444,500(£350,719)
Ref. 116599RBOW (White Gold)
Ref. 116599RBOW (White Gold)
$90,000 (£70,455)
HKD 2,772,000(£280,510)
Ref. 116599RBOW (White Gold)
Ref. 116599RBOW (White Gold)
$90,000 (£70,455)
CHF 279,400(£253,867)
Ref. 116598RBOW (Yellow Gold)
Ref. 116598RBOW (Yellow Gold)
$90,000 (£70,455)
$441,000(£347,959)
Ref. 116598RBOW (Yellow Gold)
Ref. 116598RBOW (Yellow Gold)
$90,000 (£70,455)
CHF 304,800(£276,919)

(£GBP figures based on exchange rate in December 2023)

The value of a Rolex Rainbow Daytona in the pre-owned market can be influenced by several factors. The presence of original papers and the original box often increases the watch's value, as they serve as proof of authenticity and proper maintenance. The watch's condition is another critical factor; models in pristine or excellent condition are typically more valuable. 

Limited edition versions or models with unique features can also command higher prices. For example, an Everose gold Ref 116595RBOW with Diamond Pavé Dial and diamond encrusted middle links through the bracelet sold for CHF 604,800 (£550,139) at auction.

Celebrities & Notable Owners

Celebrities & Notable Owners

The Rolex Rainbow Daytona has captivated celebrities across various fields. In sports, football star Christiano Ronaldo showed off his Rainbow Daytona in yellow gold at the 2022 World Cup. While he had already worn this earlier in his career, the version he most recently wore was customised with a mother of pearl dial, which is a very rare Rolex dial, and not seen as standard on the Rolex Rainbow Daytona.

Harry Kane also famously wore the Everose Rainbow Daytona with Diamond Pave Dial at the 2022 World Cup. There’s a lot of speculation that he chose to wear it in a bid to show his unity to the LGBT+ community when he wasn’t allowed to wear a OneLove armband.

Musicians favouring the most exclusive Everose Gold Rainbow Daytona also include Adam Levine, Post Malone, Nicky Jam and Stomzy. Nicky Jam and Stormzy’s, however, have a lot more diamonds than the classic Everose Gold model. As well as sporting the pave dial, brilliant-cut diamonds also embellish the centre links of the bracelet.

Comedians like Kevin Hart are also huge Rolex watch enthusiasts. According to
this article, he has been seen wearing many different Daytona’s including vintage ref 6263 and steel Daytona with panda dial. Again, Kevin has been sporting the everose gold model.

Other famous wearers include movie star Mark Wahberg, American singer-songwriter Jon Mayer and American basketball power Anthony Davis.

Tips for Potential Buyers

Tips for Potential Buyers

When purchasing a Rolex Rainbow Daytona, consider these aspects:

Original Documentation and Box

Ensure the watch comes with its original documentation and box. These are crucial for proving authenticity and can significantly affect the watch's resale value.

Condition

Examine the watch's condition carefully. A well-maintained, pristine watch is more valuable. Look for signs of wear or damage, as these can impact its worth.

Reputable Dealers

Buy from reputable dealers or auction houses. Research their credibility and past sales to ensure you're getting a genuine product.

Watch History

Inquire about the watch's history, including previous ownership, repairs, or any modifications. This information can provide insights into the watch's authenticity and value.

Each of these factors plays a vital role in making an informed purchase and protecting your investment in such a high-value item.

Explore Our Selection of Rolex Rainbow Daytona Watches

Our journey through the exceptional world of the Rolex Rainbow Daytona has highlighted its unparalleled craftsmanship, rarity, and investment appeal. These timepieces are not just watches, but symbols of luxury and exclusivity. 

Given their scarcity, finding one is a remarkable opportunity. At WatchCentre, we are proud to offer a selection of Rolex Rainbow Daytona watches. If you don't find the specific model you're seeking, please enquire. With our expansive network and expertise, we are well-positioned to source the perfect timepiece for you. The Rainbow Daytona is more than a watch; it's a testament to exquisite craftsmanship and a wise investment for collectors.

Explore Our Rolex Rainbow Daytona Watches


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