The Rolex Daytona "Panda" refers to chronograph references featuring a white or cream dial with black sub-registers — the high-contrast combination that collectors liken to a panda's distinctive black-and-white markings. The inverse configuration, black dial with white sub-registers, is sometimes called a "Reverse Panda" or "Tuxedo." The Panda designation has been applied across multiple Daytona generations: vintage manual-wind references including the 6239 and 6262 in white with black registers are among the earliest and most collectible, while the automatic-era 116520 with white dial and black registers, and the ceramic-bezel 116500LN in the same configuration, are the modern benchmarks. The contrast between the white main dial and the dark sub-registers enhances legibility under racing conditions, fulfilling the functional intent of the chronograph layout. The Paul Newman Panda — vintage references with exotic dials featuring squared-off registers, Art Deco indices, and racing scales — are among the most valuable pre-owned Rolex watches ever sold at auction. Each generation of Panda Daytona brings its own character to the collector conversation. DeMesy & Co. in Dallas has been a respected source for pre-owned Panda Daytona references, spanning vintage and modern generations, since 1987.