Launched in 1988, the Rolex Daytona reference series 16500 was the brands first automatic chronograph wristwatch, and featured the famed Zenith El Primero movement, which at the time was considered the best movement available. The 16500 series was discontinued in 2000 when Rolex introduced an in-house movement, and today the model commands strong prices in the international market.

The present example features a variant with the silver subsidiary registers turning dark orange brown hue. This color change occurs due to natural oxidation and can be seen in these watches between 1993 to 1997.It is furthermore presented with its original punched guarantee and product literature and sure to delight both Rolex scholars and collectors.