The Rolex Daytona, introduced in 1963, was initially not the coveted status symbol it is today. Its rise to iconic status began in the late 1980s with the introduction of a self-winding movement, paving the way for it to become one of the most sought-after sports watches of the 21st century. 
Today, the Cosmograph Daytona is one of the most diverse and coveted collections within Rolex’s lineup. It offers an array of materials, including 18k yellow, white, and Everose gold (Rolex’s proprietary rose gold), as well as stainless steel and platinum. Among these, the Rolex Daytona Rainbow stands out for its opulence and exclusivity – a true showcase of Rolex’s craftsmanship in watchmaking and gem-setting.
The Rolex Rainbow Daytona is a statement piece, featuring vibrant, multi-colored sapphires set around its bezel, embodying the full spectrum of a rainbow. Crafted in 18k gold, the 40mm case is both robust and elegant. Available dials in black or diamond pavé further enhance its luxurious appeal, showcasing crystal gold registers and hour markers made from baguette-cut sapphires or square-cut diamonds. These features not only elevate its visual allure but also highlight Rolex’s commitment to intricate craftsmanship.
Powered by the reliable Rolex Caliber 4130, the Rainbow Daytona ensures accurate timekeeping and smooth operation of its 12-hour chronograph function. The watch is water-resistant up to 100 meters and is paired with the iconic Oyster bracelet, which combines comfort with a secure fit. This blend of technical prowess and stunning design makes the Rainbow Daytona a masterpiece in horology. 
Technical Highlights of the Rolex Daytona Rainbow:
Reference Numbers: 116598RBOW, 116599RBOW, 116595RBOW
Case Diameter: 40mm
Materials: 18k Gold (Yellow, White, or Everose)
Functions: Time with Running Seconds, 12-Hour Chronograph
Dial Options: Black or Diamond Pavé with Crystal Gold Registers and Baguette-Cut Sapphire or Square-Cut Diamond Hour Markers
Bezel: Fixed, 36 Baguette-Cut Rainbow Gradated Sapphires
Crystal: Flat Sapphire
Water Resistance: 100 Meters / 330 Feet
Movement: Rolex Caliber 4130
Strap/Bracelet: Oyster Bracelet
Visually, the Rainbow Daytona models follow a similar pattern, though slight differences exist among the older yellow and white gold versions and the more recent Everose gold edition. The lugs and crown guards are adorned with brilliant-cut diamonds, which vary in size depending on their positioning. 
The bezels of the Rainbow Daytona are particularly special, featuring 36 meticulously selected multicolored gems. The gem-setting process demands exceptional skill, ensuring uniformity in size, shape, and quality, resulting in a seamless gradient of color.
While all three Rainbow Daytona references are produced in limited quantities, the Everose gold version features colored baguette and square-cut sapphires that mirror the shades of the adjacent stones on the bezel, showcasing an extraordinary level of detail.
At the heart of these replica watches is the in-house Caliber 4130 movement, a hallmark of reliability and precision in chronograph design. It significantly reduces the number of parts compared to its predecessor, enhancing both performance and power reserve, which now stands at 72 hours.
Rolex Daytona Rainbow Pricing
Upon their release, the Rainbow Daytona watches were among the most expensive models ever produced by Rolex. The Everose gold version retailed for around $97,500, while the yellow and white gold pieces were priced above $90,000. However, their value on the pre-owned market has surged dramatically.
Currently, securing any of the three Rainbow Daytona models often requires an investment of at least $400,000, with the diamond pavé dial Everose gold versions potentially costing double that amount. The rarity and allure of these watches contribute to their escalating prices, making them highly coveted among collectors.
Who Wears the Rainbow Daytona?
Celebrities are drawn to the Rolex Rainbow Daytona, with notable fans including musicians like Post Malone, John Mayer, and Adam Levine, as well as actors such as Kevin Hart and Mark Wahlberg. Sports stars like NFL quarterback Patrick Mahomes and NBA player Anthony Davis have also been seen sporting these colorful watches.
One unique model is rumored to have been specially commissioned for legendary footballer Samuel Eto’o, featuring a white gold case and a full diamond pavé dial.
The Rolex Rainbow Daytona models are exceptional and visually stunning watches. They embody a playful side of Rolex, allowing the brand to showcase its artistic capabilities and the expertise of its jewelers. While they may not appeal to everyone, those who possess the confidence and resources to wear one will find it an unparalleled statement of luxury.