The 116503 is the current-production two-tone Daytona — stainless steel and 18k yellow gold with a black Cerachrom bezel. It replaced the 116523 in 2016, adding the ceramic bezel that defined the modern Daytona era. The Cal. 4130 in-house chronograph movement is shared across the entire Daytona lineup — column wheel, vertical clutch, 72-hour power reserve.
The 116503 occupies the sweet spot in the Daytona range: more visually striking than the all-steel 116500LN thanks to the gold bezel, crown, pushers, and center bracelet links, but priced well below the full-gold 116508. The ceramic bezel brings the modern Daytona aesthetic to the two-tone platform — the tachymeter scale in platinum-filled engraving on black ceramic is identical to the all-steel version.
Dial Options
Black dial — Black dial with gold subdial rings. High contrast, sporty, and the most popular 116503 configuration. The gold accents pop against the dark background.
White dial — White dial with gold subdials. The classic "Panda" look in two-tone — clean, bright, and the most formal 116503 presentation.
Champagne dial — Warm champagne with gold subdials. Creates a monochromatic gold-tone effect across dial, bezel edge, and bracelet links. The dressiest 116503 option.
Mother of pearl — Factory MOP dial with diamond markers. The rarest standard-production 116503 and commands the highest secondary-market premiums.
Pre-Owned Pricing Guide
Dial
Markers
Condition
Pre-Owned Range
Black
Gold Stick
Excellent
$22,000 – $28,000
White
Gold Stick
Excellent
$22,000 – $28,000
Champagne
Gold Stick
Excellent
$23,000 – $29,000
MOP
Diamond
Excellent
$28,000 – $36,000
Sell Your 116503
We track two-tone Daytona market data weekly. Our specialists verify gold bezel and bracelet link authenticity, ceramic bezel condition, and dial originality. Two-tone bracelets show wear faster on polished gold links — we factor condition precisely into our offers. Walk-in appraisal or insured Parcel Pro shipping with same-day payment.