Reference:116400: Difference between revisions
| [checked revision] | [checked revision] |
Move hero image above intro paragraph (1803 layout), bump to 360px Tag: Reverted |
[bot-audit] proposal #16 ref=116400 agents=researcher,auditor,image_scout (FlaggedRevs pending review) |
||
| (3 intermediate revisions by one other user not shown) | |||
| Line 8: | Line 8: | ||
<small>[[Reference:milgauss|Milgauss]] -> '''116400'''</small> | <small>[[Reference:milgauss|Milgauss]] -> '''116400'''</small> | ||
The 116400 is the Milgauss revival. Rolex unveiled it at Baselworld March 2007, nineteen years after 1019 production ended and at the fiftieth anniversary of the 1956 6541 catalogue launch. The brief inverts the 1019's reading: where the 1019 stripped the 6541's signatures for a dress-coded antimagnetic Oyster, the 116400 revives the lightning-bolt seconds hand and adds the green sapphire crystal that only the Milgauss line has ever worn. Four sub-references run across sixteen years, two with clear sapphire crystals (white dial 116400-0002 and black dial 116400-0001) and two with the Glace Verte green-tinted sapphire (Z-Black 116400GV-0001 and the 2014 Z-Blue 116400GV-0002). The line ends at Watches & Wonders Geneva 2023 with the 116400GV discontinuation. Rolex has not announced a Milgauss successor. | |||
[[File:Ref 116400 hero.webp|thumb|right|250px|alt=Rolex Milgauss 116400GV Z-Blue — electric-blue zirconium-sunburst lacquer under the Glace Verte sapphire crystal, the only colored crystal Rolex has ever produced. Image via Monochrome.|Rolex Milgauss 116400GV Z-Blue — electric-blue zirconium-sunburst lacquer under the Glace Verte sapphire crystal, the only colored crystal Rolex has ever produced. Image via Monochrome.]] | |||
==Core facts== | ==Core facts== | ||
| Line 64: | Line 64: | ||
==Where it sits in the line== | ==Where it sits in the line== | ||
The 116400 closes the Milgauss line. The 6541 opens | The 116400 closes the Milgauss line. The 6541 opens it in 1956 with the antimagnetic Faraday-cage architecture and the lightning-bolt seconds. The 1019 carries the dress-coded silhouette through 1988, after which the line sits empty for nineteen years. Rolex revives the reference in 2007 with the 50th-anniversary GV, runs four sub-references for sixteen years, and closes the line in 2023 with no successor. | ||
The architectural continuity with the [[Reference:milgauss#Faraday cage — the line's defining feature|Faraday cage]] is direct | The architectural continuity with the [[Reference:milgauss#Faraday cage — the line's defining feature|Faraday cage]] is direct. Modern ferromagnetic alloys replace the original soft iron, and the case carries a "B with arrow" engraving on the inner cage assembly as the modern shielding signature, but the structural concept is unchanged. The case grows from 38mm to 40mm to match contemporary sport-line dimensions. The lightning-bolt seconds hand revives the 6541 signature in orange, and reads more cartoonish than its 1957 forebear (itself the design choice that pushed Rolex toward the dress-coded 1019). | ||
Inside the 116400, caliber 3131 is the time-only sister of cal 3135. Same architecture without the date wheel and quickset. Parachrom Blu hairspring | Inside the 116400, caliber 3131 is the time-only sister of cal 3135. Same architecture without the date wheel and quickset. A Parachrom Blu hairspring in paramagnetic niobium-zirconium alloy sits on top of the Faraday cage's mechanical shielding, which makes the 3131 one of the most modern antimagnetic movements in Rolex's catalogue and the Faraday cage at this point partially redundant. The cage stays because the Milgauss without it is just an Oyster Perpetual. | ||
==Production outline== | ==Production outline== | ||
| Line 74: | Line 74: | ||
===Launch — Baselworld March 2007=== | ===Launch — Baselworld March 2007=== | ||
Rolex revives the Milgauss at Baselworld 2007 with three variants: the white-dial clear-crystal 116400-0002, the black-dial clear-crystal 116400-0001, and the black-dial green-crystal 116400GV-0001 (Z-Black). The launch | Rolex revives the Milgauss at Baselworld 2007 with three variants: the white-dial clear-crystal 116400-0002, the black-dial clear-crystal 116400-0001, and the black-dial green-crystal 116400GV-0001 (Z-Black). The launch landed during the LHC commissioning period at CERN, before first beam in September 2008., and Rolex sends pre-production 116400 examples to CERN for testing, a deliberate echo of the original 6541 development brief. The 2007 anniversary year frames the green crystal as the 50th-anniversary signal even though the 116400 is positioned as a continuous catalogue revival rather than a limited-edition release. Launch retail was USD 6,200. | ||
Launch retail | |||
===Sub-reference cutoff (c. 2013 to 2014)=== | ===Sub-reference cutoff (c. 2013 to 2014)=== | ||
The 116400-0001 black-dial clear-crystal is the first sub-reference to drop. Sources split between 2013 and 2014 | The 116400-0001 black-dial clear-crystal is the first sub-reference to drop. Sources split between 2013 and 2014. Collector dates derive from catalogue absence and AD last-shipped reports rather than an official Rolex EOL announcement. The drop times to the Z-Blue launch. | ||
===Z-Blue launch — Baselworld March 2014=== | ===Z-Blue launch — Baselworld March 2014=== | ||
[[File:Ref 116400 zblue dial.webp|thumb|right|320px|alt=Rolex Milgauss 116400GV Z-Blue dial — electric-blue sunburst under the Glace Verte green sapphire crystal. Orange lightning-bolt seconds hand and orange MILGAUSS text at 12 are the signature accents.|116400GV Z-Blue — the 2014 introduction. Electric-blue sunburst dial against the Glace Verte green sapphire crystal. The only blue dial ever in the Milgauss line.]] | |||
The 116400GV-0002 Z-Blue replaces the discontinued non-GV black in the catalogue. Electric blue sunburst lacquer pigmented with zirconium (hence "Z") | |||
The 116400GV-0002 Z-Blue replaces the discontinued non-GV black in the catalogue. Electric-blue sunburst lacquer pigmented with zirconium (hence "Z") sits under the green Glace Verte crystal. The dial reads aqua and turquoise through the green tint, shifting from deep blue to aqua-blue with green reflections depending on light angle. Retail jumps to USD 8,200. | |||
===White-dial clear-crystal end (2016)=== | ===White-dial clear-crystal end (2016)=== | ||
| Line 92: | Line 92: | ||
===Watches & Wonders Geneva 2023=== | ===Watches & Wonders Geneva 2023=== | ||
The entire Milgauss line is discontinued at Watches & Wonders 2023. The 116400GV-0001 Z-Black and 116400GV-0002 Z-Blue both leave production. Last published retail USD 9,150 to 9,300. No successor announced. Sixty-seven years after the 6541 entered the catalogue, the Milgauss line closes. | The entire Milgauss line is discontinued at Watches & Wonders 2023. The 116400GV-0001 Z-Black and 116400GV-0002 Z-Blue both leave production. Last published retail ran USD 9,150 to 9,300. No successor announced. Sixty-seven years after the 6541 entered the catalogue, the Milgauss line closes. | ||
==Movement notes== | ==Movement notes== | ||
Caliber 3131 | Caliber 3131 is a 28.5mm time-only chronometer movement running 31 jewels at 28,800 vph (4 Hz), with bidirectional rotor winding and roughly a 48-hour power reserve. It hacks; the crown winds clockwise only. The hairspring is Parachrom Blu (paramagnetic niobium-zirconium alloy), and the rest of the movement leans on amagnetic material choices in the escapement, screws, and mainplate components. Earliest production carries Kif shock protection; later examples use Paraflex. No date wheel, no quickset, COSC chronometer certified. | ||
The 3131 is the time-only sister of cal 3135. Same architecture, no date wheel, no quickset. | The 3131 is the time-only sister of cal 3135. Same architecture, no date wheel, no quickset. It differs from the cal 3130 (in the 14060M Submariner no-date and 114270 Explorer) primarily through the Parachrom hairspring and amagnetic material choices, and from the cal 3132 (Explorer 214270) by retaining Kif rather than Paraflex on earliest production. The same cal. 3131 is fitted to the 116900 Air-King from 2016 until that reference is replaced by the 126900 with cal. 3230 in 2022. | ||
Early 116400 production belongs to the COSC-era specification; later production should not be described as never carrying Rolex's post-2015 Superlative Chronometer ±2 seconds/day standard without a stronger Rolex-primary source. | |||
==Sub-reference table== | ==Sub-reference table== | ||
Four sub-references. The split is crystal | Four sub-references. The split is crystal plus dial colour. | ||
{| class="wikitable" | {| class="wikitable" | ||
| Line 152: | Line 139: | ||
|} | |} | ||
The "116400V" | The "116400V" versus "116400GV" cataloguing confusion is real but means nothing. Early warranty cards print "116400V" while the tag and reference plate on the same watch print "116400GV." Same production, no design difference. The "V" is shorthand the AD network used in some markets and never made it onto Rolex's later documentation. | ||
The 116400-0001 black-dial clear-crystal is technically the rarest production-volume sub-reference because of its short c. 2013/2014 cutoff. The Z-Blue is the rarer of the two GV variants in absolute numbers because of its shorter nine-year run versus the Z-Black's full sixteen. | The 116400-0001 black-dial clear-crystal is technically the rarest production-volume sub-reference because of its short c. 2013/2014 cutoff. The Z-Blue is the rarer of the two GV variants in absolute numbers because of its shorter nine-year run versus the Z-Black's full sixteen. | ||
| Line 159: | Line 146: | ||
[[File:Ref 116400 gv_dial.webp|thumb|right|300px|alt=Rolex 116400GV dial under Glace Verte green sapphire crystal|Rolex 116400GV dial under the Glace Verte green sapphire crystal — the only colored crystal Rolex has ever produced.]] | [[File:Ref 116400 gv_dial.webp|thumb|right|300px|alt=Rolex 116400GV dial under Glace Verte green sapphire crystal|Rolex 116400GV dial under the Glace Verte green sapphire crystal — the only colored crystal Rolex has ever produced.]] | ||
The Glace Verte is the only colored crystal Rolex has ever produced. Synthetic sapphire with the green tint integrated through the full thickness | The Glace Verte is the only colored crystal Rolex has ever produced. Synthetic sapphire with the green tint integrated through the full thickness, not a surface coating, not an AR film tint. Rolex states the process takes weeks per piece and is one of the most difficult aesthetic operations the manufacture has attempted. | ||
Rolex deliberately did not patent the process. Its stated reasoning: the process is | Rolex deliberately did not patent the process. Its stated reasoning: publishing a patent would only help imitators because the process is hard enough to reverse-engineer that documenting it is the larger risk. The AR coating sits on the inner surface only. | ||
The | The colour reads as faint lime or eucalyptus head-on, deepening at oblique angles, with a luminescent quality under directional light. Two niche notes circulate in forum discussion. Genuine GV crystals are reportedly more fragile than standard sapphire because of the kiln cycle used to develop the green tint, and documented chipping from countertop knocks turns up in long-term ownership threads. Replica makers cannot clone the through-material tint, so most fakes use an external green AR coating that scratches off and leaves a colourless crystal underneath; the scratch test is a known authentication tell. | ||
==Case, bezel, crystal, and crown notes== | ==Case, bezel, crystal, and crown notes== | ||
| Line 172: | Line 156: | ||
===Case=== | ===Case=== | ||
40mm Oyster, 904L Oystersteel from launch (Rolex completed the sports-line 904L transition pre-2007). Lug width 20mm, thickness | 40mm Oyster, 904L Oystersteel from launch (Rolex completed the sports-line 904L transition pre-2007). Lug width 20mm, thickness around 13mm with the Faraday cage adding height versus a comparable Submariner. Water resistance is 100m / 330ft, sealed but not a dive watch. The 100m rating is the lowest in the modern Rolex sport line and the design choice that signals the Milgauss as a lab-bench tool rather than a dive watch. | ||
The Faraday cage continues the 6541 and 1019 soft-iron shielding concept with modern ferromagnetic alloys. The cage carries a "B with arrow" engraving on the inner assembly | The Faraday cage continues the 6541 and 1019 soft-iron shielding concept with modern ferromagnetic alloys. The cage carries a "B with arrow" engraving on the inner assembly, a manufacturing signature visible only when the caseback is removed for service. The 1,000-gauss antimagnetic rating that the 6541 set is preserved. Modern movements with paramagnetic components would arguably hit the rating without the cage, but Rolex keeps it for both nameplate continuity and the additional safety margin in extreme magnetic environments. | ||
===Bezel=== | ===Bezel=== | ||
Smooth fixed polished steel | Smooth fixed polished steel, a continuation of the 1019. The 6541's rotating engraved bezel is not revived. | ||
===Crown=== | ===Crown=== | ||
Twinlock screw-down crown. The 116400 keeps the 100m Oyster-case water-resistance architecture rather than adopting the Triplock crown used on several other modern Professional models. | |||
===Crystal — two variants=== | ===Crystal — two variants=== | ||
The non-GV 116400 carries a clear sapphire crystal at standard production hardness, with a modern AR coating on the inner surface. The 116400GV Glace Verte uses synthetic sapphire with the green tint integrated through the full crystal thickness, detailed in the section above. | |||
==Bracelet== | ==Bracelet== | ||
Reference 78690 Oyster three-link. Brushed centre with polished bevels on later production; earliest 2007 | Reference 78690 Oyster three-link. Brushed centre with polished bevels on later production; earliest 2007 and 2008 examples were fully brushed. Solid end links from launch. Oysterclasp with Easylink 5mm comfort extension, the toolless quick-extension that arrived across the modern Rolex sport line in the late 2000s. | ||
20mm lug width matches the case. 15.5mm | 20mm lug width matches the case. Link width is 15.5mm. The 78690 reference is shared with the contemporaneous 114270 Explorer (same part number, same construction), so a 116400 wearer who shifts to a 114270 inherits a bracelet they already own. | ||
==Serial-era transition== | ==Serial-era transition== | ||
| Line 222: | Line 205: | ||
|} | |} | ||
The rehaut | The rehaut and random-serial transition lands during the 116400 production. The market sees sequential M, V, and G-prefix examples before the random-serial transition, followed by scrambled-serial examples from around 2010 onward. (marginally collectible to some buyers as the "older Milgauss" cohort) and post-2010 scrambled-serial examples in roughly equal supply for the GV variants. The 116400-specific cutover month within the broader Rolex 2010 transition is not surfaced in published research. | ||
==Market — 2025 to 2026 bands== | ==Market — 2025 to 2026 bands== | ||
Bands from aggregated dealer-market data and the live auction | Bands from aggregated dealer-market data and the live auction record. | ||
{| class="wikitable" | {| class="wikitable" | ||
| Line 246: | Line 229: | ||
|} | |} | ||
The Z-Blue commands a USD 2,000 to 4,000 premium over the Z-Black at retail-comparable condition. The non-GV clear-crystal black is the rarest sub-reference (shortest production run) but trades below the GV variants | The Z-Blue commands a USD 2,000 to 4,000 premium over the Z-Black at retail-comparable condition. The non-GV clear-crystal black is the rarest sub-reference (shortest production run) but trades below the GV variants; the clear crystal is the discount, not a premium, in the modern market. Recent indices: 116400 +11.7% YoY, 116400GV +10.9% over five years. | ||
===Recent auction lots=== | ===Recent auction lots=== | ||
Modern Milgauss does not appear in the Phillips / Sotheby's headline tiers | Modern Milgauss does not appear in the Phillips / Sotheby's headline tiers. The vintage 6541 owns that space (one 6541 hit CHF 2,238,000 at Phillips Geneva May 2023, the reference's auction record). Modern 116400 lots track through specialist online sales. Phillips Bacs & Russo took a 116400GV Z-Blue at USD 15,240 in April 2026, and a 116400GV Z-Blue full set went for just under USD 16,000 at Phillips Geneva in 2024. Bezel Auctions placed two Z-Blue lots at USD 14,250 and USD 14,395 in March 2026. Grailzee April 2026 sat the Z-Blue band at USD 13,650 to 14,070 and the Z-Black band at USD 9,975 to 11,025. Monaco Legend Group sold a 116400 for USD 9,008 in April 2024, beating estimate by 41%. | ||
==Collector debate== | ==Collector debate== | ||
| Line 262: | Line 239: | ||
===Milgauss without the diving baggage=== | ===Milgauss without the diving baggage=== | ||
The dominant ownership reading treats the 116400 as a 40mm steel sport Oyster with everything that makes the Submariner heavy on the wrist | The dominant ownership reading treats the 116400 as a 40mm steel sport Oyster with everything that makes the Submariner heavy on the wrist taken out: no helium valve, no diving-rotation bezel, no Cyclops, no maxi indices. The orange minute rail and lightning-bolt seconds give the watch its personality without leaning on the dive-watch language. Raman Kalra's 2023 Quill & Pad essay names 13mm thickness as the only real complaint and wishes Rolex had shaved a millimetre, given that modern movement amagnetism makes the Faraday cage partially redundant. The cage stays because the Milgauss without it is just an Oyster Perpetual. | ||
===Z-Blue vs Z-Black=== | ===Z-Blue vs Z-Black=== | ||
The Z-Blue runs hotter on the dealer market post-discontinuation. Z-Black collectors argue the black-dial GV is the more enduring choice: it carries the same green crystal but without the polarising electric-blue lacquer that some owners report reads washed-out under overcast daylight. Z-Blue collectors respond that the colour-shift behaviour through the green crystal | The Z-Blue runs hotter on the dealer market post-discontinuation. Z-Black collectors argue the black-dial GV is the more enduring choice: it carries the same green crystal but without the polarising electric-blue lacquer that some owners report reads washed-out under overcast daylight. Z-Blue collectors respond that the colour-shift behaviour through the green crystal, deep blue to aqua to green reflections depending on angle, is what makes the watch interesting, and that the Z-Black reads as a standard black-dial sport Oyster from any angle that doesn't catch the crystal's tint. | ||
===Discontinuation as a collector pivot=== | ===Discontinuation as a collector pivot=== | ||
Watches & Wonders 2023 closed the Milgauss line with no successor announced. | Watches & Wonders 2023 closed the Milgauss line with no successor announced. Owner discussion splits between a "future classic" reading (production is fixed, demand is stable, pricing will follow Daytona and Submariner discontinuation patterns) and a sustained-correction reading (the 2021 to 2022 peak is the high, the 2025 to 2026 mid-teens band is the new normal). Aggregate market data, single-digit-percentage YoY declines on the indices, faster-than-median time to sell, fixed inventory, supports the second reading more than the first. | ||
==Sources== | ==Sources== | ||
Latest revision as of 05:14, 29 May 2026
Milgauss -> 116400
The 116400 is the Milgauss revival. Rolex unveiled it at Baselworld March 2007, nineteen years after 1019 production ended and at the fiftieth anniversary of the 1956 6541 catalogue launch. The brief inverts the 1019's reading: where the 1019 stripped the 6541's signatures for a dress-coded antimagnetic Oyster, the 116400 revives the lightning-bolt seconds hand and adds the green sapphire crystal that only the Milgauss line has ever worn. Four sub-references run across sixteen years, two with clear sapphire crystals (white dial 116400-0002 and black dial 116400-0001) and two with the Glace Verte green-tinted sapphire (Z-Black 116400GV-0001 and the 2014 Z-Blue 116400GV-0002). The line ends at Watches & Wonders Geneva 2023 with the 116400GV discontinuation. Rolex has not announced a Milgauss successor.

Core facts
| detail | value |
|---|---|
| reference | 116400 / 116400GV |
| family | Milgauss |
| production | 2007 to 2023, sixteen years |
| movement | caliber 3131, 31 jewels, 28,800 vph, ~48h power reserve, Parachrom Blu hairspring |
| case | 40mm, 904L Oystersteel, soft-iron Faraday cage with "B-arrow" engraving |
| crystal | clear sapphire (116400) or green-tinted Glace Verte sapphire (116400GV) |
| bezel | smooth fixed steel — continuation of the 1019 |
| antimagnetic rating | 1,000 gauss |
| water resistance | 100m / 330ft |
| sub-references | 116400-0001 black/clear, 116400-0002 white/clear, 116400GV-0001 Z-Black, 116400GV-0002 Z-Blue |
| hands | orange lightning-bolt seconds — revives the 6541 signature |
| bracelet | 78690 Oyster three-link with Oysterclasp + Easylink 5mm extension |
| predecessor | 1019 |
| successor | none — line discontinued Watches & Wonders April 2023 |
Where it sits in the line
The 116400 closes the Milgauss line. The 6541 opens it in 1956 with the antimagnetic Faraday-cage architecture and the lightning-bolt seconds. The 1019 carries the dress-coded silhouette through 1988, after which the line sits empty for nineteen years. Rolex revives the reference in 2007 with the 50th-anniversary GV, runs four sub-references for sixteen years, and closes the line in 2023 with no successor.
The architectural continuity with the Faraday cage is direct. Modern ferromagnetic alloys replace the original soft iron, and the case carries a "B with arrow" engraving on the inner cage assembly as the modern shielding signature, but the structural concept is unchanged. The case grows from 38mm to 40mm to match contemporary sport-line dimensions. The lightning-bolt seconds hand revives the 6541 signature in orange, and reads more cartoonish than its 1957 forebear (itself the design choice that pushed Rolex toward the dress-coded 1019).
Inside the 116400, caliber 3131 is the time-only sister of cal 3135. Same architecture without the date wheel and quickset. A Parachrom Blu hairspring in paramagnetic niobium-zirconium alloy sits on top of the Faraday cage's mechanical shielding, which makes the 3131 one of the most modern antimagnetic movements in Rolex's catalogue and the Faraday cage at this point partially redundant. The cage stays because the Milgauss without it is just an Oyster Perpetual.
Production outline
Launch — Baselworld March 2007
Rolex revives the Milgauss at Baselworld 2007 with three variants: the white-dial clear-crystal 116400-0002, the black-dial clear-crystal 116400-0001, and the black-dial green-crystal 116400GV-0001 (Z-Black). The launch landed during the LHC commissioning period at CERN, before first beam in September 2008., and Rolex sends pre-production 116400 examples to CERN for testing, a deliberate echo of the original 6541 development brief. The 2007 anniversary year frames the green crystal as the 50th-anniversary signal even though the 116400 is positioned as a continuous catalogue revival rather than a limited-edition release. Launch retail was USD 6,200.
Sub-reference cutoff (c. 2013 to 2014)
The 116400-0001 black-dial clear-crystal is the first sub-reference to drop. Sources split between 2013 and 2014. Collector dates derive from catalogue absence and AD last-shipped reports rather than an official Rolex EOL announcement. The drop times to the Z-Blue launch.
Z-Blue launch — Baselworld March 2014

The 116400GV-0002 Z-Blue replaces the discontinued non-GV black in the catalogue. Electric-blue sunburst lacquer pigmented with zirconium (hence "Z") sits under the green Glace Verte crystal. The dial reads aqua and turquoise through the green tint, shifting from deep blue to aqua-blue with green reflections depending on light angle. Retail jumps to USD 8,200.
White-dial clear-crystal end (2016)
The 116400-0002 white-dial clear-crystal is the last non-GV Milgauss to leave production, in 2016. Sources align on 2016 with reasonable confidence; no Rolex announcement.
Watches & Wonders Geneva 2023
The entire Milgauss line is discontinued at Watches & Wonders 2023. The 116400GV-0001 Z-Black and 116400GV-0002 Z-Blue both leave production. Last published retail ran USD 9,150 to 9,300. No successor announced. Sixty-seven years after the 6541 entered the catalogue, the Milgauss line closes.
Movement notes
Caliber 3131 is a 28.5mm time-only chronometer movement running 31 jewels at 28,800 vph (4 Hz), with bidirectional rotor winding and roughly a 48-hour power reserve. It hacks; the crown winds clockwise only. The hairspring is Parachrom Blu (paramagnetic niobium-zirconium alloy), and the rest of the movement leans on amagnetic material choices in the escapement, screws, and mainplate components. Earliest production carries Kif shock protection; later examples use Paraflex. No date wheel, no quickset, COSC chronometer certified.
The 3131 is the time-only sister of cal 3135. Same architecture, no date wheel, no quickset. It differs from the cal 3130 (in the 14060M Submariner no-date and 114270 Explorer) primarily through the Parachrom hairspring and amagnetic material choices, and from the cal 3132 (Explorer 214270) by retaining Kif rather than Paraflex on earliest production. The same cal. 3131 is fitted to the 116900 Air-King from 2016 until that reference is replaced by the 126900 with cal. 3230 in 2022.
Early 116400 production belongs to the COSC-era specification; later production should not be described as never carrying Rolex's post-2015 Superlative Chronometer ±2 seconds/day standard without a stronger Rolex-primary source.
Sub-reference table
Four sub-references. The split is crystal plus dial colour.
| sub-reference | nickname | crystal | dial | production |
|---|---|---|---|---|
| 116400-0001 | black/clear (non-GV) | clear sapphire | black, orange minute track, orange lume plots at 3/6/9, white batons | 2007 – c. 2013/2014 |
| 116400-0002 | white/clear (non-GV) | clear sapphire | white, orange batons at all hours, orange minute track | 2007 – 2016 |
| 116400GV-0001 | GV / Glace Verte / Z-Black | green-tinted Glace Verte sapphire | black, orange + white batons, orange minute track | 2007 – 2023 |
| 116400GV-0002 | Z-Blue | green-tinted Glace Verte sapphire | electric-blue sunburst (zirconium pigment), reads aqua/turquoise through the green crystal | March 2014 – 2023 |
The "116400V" versus "116400GV" cataloguing confusion is real but means nothing. Early warranty cards print "116400V" while the tag and reference plate on the same watch print "116400GV." Same production, no design difference. The "V" is shorthand the AD network used in some markets and never made it onto Rolex's later documentation.
The 116400-0001 black-dial clear-crystal is technically the rarest production-volume sub-reference because of its short c. 2013/2014 cutoff. The Z-Blue is the rarer of the two GV variants in absolute numbers because of its shorter nine-year run versus the Z-Black's full sixteen.
Dial / crystal — Glace Verte

The Glace Verte is the only colored crystal Rolex has ever produced. Synthetic sapphire with the green tint integrated through the full thickness, not a surface coating, not an AR film tint. Rolex states the process takes weeks per piece and is one of the most difficult aesthetic operations the manufacture has attempted.
Rolex deliberately did not patent the process. Its stated reasoning: publishing a patent would only help imitators because the process is hard enough to reverse-engineer that documenting it is the larger risk. The AR coating sits on the inner surface only.
The colour reads as faint lime or eucalyptus head-on, deepening at oblique angles, with a luminescent quality under directional light. Two niche notes circulate in forum discussion. Genuine GV crystals are reportedly more fragile than standard sapphire because of the kiln cycle used to develop the green tint, and documented chipping from countertop knocks turns up in long-term ownership threads. Replica makers cannot clone the through-material tint, so most fakes use an external green AR coating that scratches off and leaves a colourless crystal underneath; the scratch test is a known authentication tell.
Case, bezel, crystal, and crown notes
Case
40mm Oyster, 904L Oystersteel from launch (Rolex completed the sports-line 904L transition pre-2007). Lug width 20mm, thickness around 13mm with the Faraday cage adding height versus a comparable Submariner. Water resistance is 100m / 330ft, sealed but not a dive watch. The 100m rating is the lowest in the modern Rolex sport line and the design choice that signals the Milgauss as a lab-bench tool rather than a dive watch.
The Faraday cage continues the 6541 and 1019 soft-iron shielding concept with modern ferromagnetic alloys. The cage carries a "B with arrow" engraving on the inner assembly, a manufacturing signature visible only when the caseback is removed for service. The 1,000-gauss antimagnetic rating that the 6541 set is preserved. Modern movements with paramagnetic components would arguably hit the rating without the cage, but Rolex keeps it for both nameplate continuity and the additional safety margin in extreme magnetic environments.
Bezel
Smooth fixed polished steel, a continuation of the 1019. The 6541's rotating engraved bezel is not revived.
Crown
Twinlock screw-down crown. The 116400 keeps the 100m Oyster-case water-resistance architecture rather than adopting the Triplock crown used on several other modern Professional models.
Crystal — two variants
The non-GV 116400 carries a clear sapphire crystal at standard production hardness, with a modern AR coating on the inner surface. The 116400GV Glace Verte uses synthetic sapphire with the green tint integrated through the full crystal thickness, detailed in the section above.
Bracelet
Reference 78690 Oyster three-link. Brushed centre with polished bevels on later production; earliest 2007 and 2008 examples were fully brushed. Solid end links from launch. Oysterclasp with Easylink 5mm comfort extension, the toolless quick-extension that arrived across the modern Rolex sport line in the late 2000s.
20mm lug width matches the case. Link width is 15.5mm. The 78690 reference is shared with the contemporaneous 114270 Explorer (same part number, same construction), so a 116400 wearer who shifts to a 114270 inherits a bracelet they already own.
Serial-era transition
The 116400 production straddles Rolex's 2010-era serial-system transition.
| prefix | years | engraving location |
|---|---|---|
| M | 2007 – 2008 | 6 o'clock between lugs |
| V | 2008 – 2009 | 6 o'clock between lugs |
| G | c. 2010 – 2011 | 6 o'clock between lugs (last sequential prefix run) |
| random scrambled | c. 2010 onward | rehaut (inner crystal ring) — lug-side serial discontinued |
The rehaut and random-serial transition lands during the 116400 production. The market sees sequential M, V, and G-prefix examples before the random-serial transition, followed by scrambled-serial examples from around 2010 onward. (marginally collectible to some buyers as the "older Milgauss" cohort) and post-2010 scrambled-serial examples in roughly equal supply for the GV variants. The 116400-specific cutover month within the broader Rolex 2010 transition is not surfaced in published research.
Market — 2025 to 2026 bands
Bands from aggregated dealer-market data and the live auction record.
| sub-reference | recent band |
|---|---|
| 116400-0002 white / clear (non-GV) | USD 7,500 to 11,000 |
| 116400-0001 black / clear (non-GV) | USD 6,000 to 9,500 |
| 116400GV-0001 Z-Black | USD 9,000 to 14,000 |
| 116400GV-0002 Z-Blue | USD 11,000 to 15,000 |
The Z-Blue commands a USD 2,000 to 4,000 premium over the Z-Black at retail-comparable condition. The non-GV clear-crystal black is the rarest sub-reference (shortest production run) but trades below the GV variants; the clear crystal is the discount, not a premium, in the modern market. Recent indices: 116400 +11.7% YoY, 116400GV +10.9% over five years.
Recent auction lots
Modern Milgauss does not appear in the Phillips / Sotheby's headline tiers. The vintage 6541 owns that space (one 6541 hit CHF 2,238,000 at Phillips Geneva May 2023, the reference's auction record). Modern 116400 lots track through specialist online sales. Phillips Bacs & Russo took a 116400GV Z-Blue at USD 15,240 in April 2026, and a 116400GV Z-Blue full set went for just under USD 16,000 at Phillips Geneva in 2024. Bezel Auctions placed two Z-Blue lots at USD 14,250 and USD 14,395 in March 2026. Grailzee April 2026 sat the Z-Blue band at USD 13,650 to 14,070 and the Z-Black band at USD 9,975 to 11,025. Monaco Legend Group sold a 116400 for USD 9,008 in April 2024, beating estimate by 41%.
Collector debate
Milgauss without the diving baggage
The dominant ownership reading treats the 116400 as a 40mm steel sport Oyster with everything that makes the Submariner heavy on the wrist taken out: no helium valve, no diving-rotation bezel, no Cyclops, no maxi indices. The orange minute rail and lightning-bolt seconds give the watch its personality without leaning on the dive-watch language. Raman Kalra's 2023 Quill & Pad essay names 13mm thickness as the only real complaint and wishes Rolex had shaved a millimetre, given that modern movement amagnetism makes the Faraday cage partially redundant. The cage stays because the Milgauss without it is just an Oyster Perpetual.
Z-Blue vs Z-Black
The Z-Blue runs hotter on the dealer market post-discontinuation. Z-Black collectors argue the black-dial GV is the more enduring choice: it carries the same green crystal but without the polarising electric-blue lacquer that some owners report reads washed-out under overcast daylight. Z-Blue collectors respond that the colour-shift behaviour through the green crystal, deep blue to aqua to green reflections depending on angle, is what makes the watch interesting, and that the Z-Black reads as a standard black-dial sport Oyster from any angle that doesn't catch the crystal's tint.
Discontinuation as a collector pivot
Watches & Wonders 2023 closed the Milgauss line with no successor announced. Owner discussion splits between a "future classic" reading (production is fixed, demand is stable, pricing will follow Daytona and Submariner discontinuation patterns) and a sustained-correction reading (the 2021 to 2022 peak is the high, the 2025 to 2026 mid-teens band is the new normal). Aggregate market data, single-digit-percentage YoY declines on the indices, faster-than-median time to sell, fixed inventory, supports the second reading more than the first.
Sources
Primary and specialist
- Phillips editorial, "What's the Legacy of the Rolex Milgauss?", Phillips
- Raman Kalra, "Rolex Milgauss Review — The Most Underrated Rolex?", Quill & Pad, 2023-07-28
Editorial and market
- Monochrome Watches editorial, "In-Depth: The Complete History of the Rolex Milgauss", Monochrome
- SJX, "Baselworld 2014 — Introducing the Rolex Milgauss with an Electric Blue Dial", SJX Watches, 2014-03
- Deployant editorial, "Review: Rolex Milgauss Ref 116400GV", Deployant
- WatchPaper editorial, "WatchPaper Milgauss Specialist Coverage", WatchPaper
- WatchGuys editorial, "Rolex Milgauss Buyer's Guide", WatchGuys
- Watch Collecting Lifestyle editorial, "Insider: Rolex Milgauss Z-Blue Ref 116400GV — A Picture Under Natural Light", Watch Collecting Lifestyle
- Fifth Wrist editorial, "Rolex Milgauss 116400GV Z-Blue Review", Fifth Wrist
- Rolex Forums community, "Rolex Forums Thread t=731813 — Z-Blue Long-Term Ownership", Rolex Forums
- Rolex Forums community, "Rolex Forums Thread t=770241 — Z-Blue vs Z-Black Dial Choice", Rolex Forums
- Rolex Forums community, "Rolex Forums Thread t=92391 — 116400GV vs 116400V Warranty-Card Discrepancy", Rolex Forums
- Rolex Forums community, "Rolex Forums Thread t=559700 — Early Scrambled-Serial 116400GV FSOT", Rolex Forums
- Caliber Corner editorial, "Rolex Caliber 3131", Caliber Corner
- Millenary Watches editorial, "Rolex Caliber 3131 — Complete Guide", Millenary Watches
- Watchbase editorial, "Rolex Milgauss 116400GV-0002 Z-Blue — Watchbase Reference Entry", Watchbase
- aBlogtoWatch editorial, "Rolex Milgauss Z-Blue Dial 116400GV — Hands-On", aBlogtoWatch
- Italian Watch Spotter editorial, "The History of Rolex Milgauss", Italian Watch Spotter
- Mark Littler, "A Complete Guide to the Vintage Rolex Milgauss", Mark Littler Ltd
- Revolution Watches editorial, "Rolex Milgauss: One in a Thousand", Revolution Watches
- Wikipedia contributors, "Rolex Milgauss — Wikipedia", Wikipedia