Louis Van Gaal was caught on camera wearing a Rolex Cosmograph Daytona 116523 following Manchester United's Champions League exit at the hands of Wolfsburg — a result that effectively ended the club's European campaign that season. Whatever the scoreline, the Dutchman's choice of timepiece gave watch observers something worth discussing.
The Rolex Daytona 116523 is a two-tone, or bi-metal, variant of the modern Daytona line, combining a 904L stainless steel case and bracelet with an 18ct yellow gold bezel, pushers, and crown guards. The 40mm case houses the calibre 4130, Rolex's in-house automatic chronograph movement featuring a column wheel, vertical clutch, and a 72-hour power reserve — a movement widely respected in the industry for its reliability and ease of regulation. The white lacquer dial with black subsidiary registers on the 116523 is among the cleaner executions in the reference's production run, presenting a high-contrast, legible layout that has remained consistent since the reference launched in the early 2000s.
The 116523 occupies a distinctive position in the collector landscape. It is frequently described as the entry point into gold Daytona ownership — offering the visual warmth of yellow gold without the full price commitment of the all-gold 116528. For those who find the all-steel 116520 too understated, the bi-metal offers a measured step up in presence. The reference was discontinued when Rolex replaced the Daytona line with the 126500-series in 2023, which has only strengthened secondary-market interest in well-preserved examples.
Van Gaal, known for his disciplined tactical philosophy and occasionally confrontational press manner, has long favoured quality Swiss watches. The Daytona suits his profile: a serious instrument with heritage credentials, not a flashy showpiece. It reads as the choice of someone who knows watches rather than someone performing wealth.
At the time of the sighting, UK retail pricing sat around £10,000. Grey-market demand for the 116523 has since pushed values meaningfully above list, with clean examples in full set regularly changing hands between $14,000 and $18,000 depending on dial condition and service history.
Louis Van Gaal wearing Bulova
Bulova Accu-Swiss Percheron Treble Automatic – Manchester United Limited Edition (Black PVD / Red Accent)
Ref. unknown
List Price: $2,000
30/11/2022
Louis Van Gaal wearing Rolex
Rolex Daytona Stainless Steel White Dial Reference 16520 T-Series (Zenith Movement) – Louis Van Gaal
Ref. 16520
List Price: $8,000
30/11/2022
Salmo wearing Rolex
Rolex Daytona
Ref. 116523
List Price: unknown
04/12/2022
Kazuo Hirai wearing Rolex
Rolex Daytona Two-Tone Steel and Yellow Gold Reference 116523 – Kazuo Hirai Sighting
Ref. 116523
List Price: $11,000
30/11/2022
Gaz Beadle wearing Rolex
Rolex Daytona Two-Tone Steel & Gold Black Dial Diamond Numerals Ref. 116523
Ref. 116523
List Price: $12,600
30/11/2022
Matt Leblanc wearing Rolex
Rolex Daytona Reference 116523 Two-Tone 18kt Gold and Stainless Steel Grey Dial – Matt LeBlanc
Ref. 116523
List Price: $13,500
30/11/2022
Alex Mccarthy wearing Rolex
Rolex Daytona Bi metal-silver and yellow gold
Ref. 116523
List Price: $10,000
30/11/2022
Carin Koch wearing Rolex
Rolex Daytona Bi-Metal Stainless Steel and Yellow Gold Reference 116523 – Carin Koch
Ref. 116523
List Price: $10,000
30/11/2022
Joe Sugg wearing Rolex
Rolex Daytona with black face and diamond numerals
Ref. 116523
List Price: $12,600
30/11/2022
Zac Efron wearing Rolex
Rolex Daytona Bi-Metal Steel and Yellow Gold Reference 116523 – Zac Efron
Ref. 116523
List Price: $10,000
30/11/2022
New
Holger Rune wearing Rolex
Platinum Rolex Day-Date 40 Ref. 228396TBR with Olive Dial and Eastern Arabic Numerals
Ref. 228396TBR
List Price: $116,300
04/06/2026
Connor Wickham wearing Rolex
Platinum Rolex Daytona
Ref. 116506
List Price: $65,000
16/01/2026