This being an automatic movement watch, I tried shaking it a bit but nothing. Then opened the crown to first click and wound it from top to bottom for a minute but nothing. Could it be in chronograph mode? The large second hand which is part of the stopwatch is not moving from it's position at 29 seconds. by pressing the two stopwatch buttons I can move the minutes and hour needles of the stopwatch but the regular hour needles will not move.
No! you have not done anything wrong my suggestion is bring it to an authorized rolex service center or any certifide rolex watch fixers.to avoid any damage of your rolex daytona. it mabe costly but you have made it wisely.
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If it is an exceptional remake it is around $220.00 to $300.00 dollars. There are some companys doing such a good job and actually making a pretty fair timepiece that the movement is virtually the only distinguishable factor, and by the way the movement is what makes a watch special.
Most stainless steel watches are made of surgical 316L steel, which is very good. Rolex goes a step beyond this, using 904L steel, it is both super corrosion resistant and highly polishable, which is why a Rolex shines like no other. Its bracelet is very easy to size adjust, using screws instead of pins. It is actually made of 100 moving parts that conform to the wrist with smooth edges that never snag or pinch the skin. The bracelet also has the Easylink system which lets you make a further adjustment when your wrist expands due to exercise and high altitudes. Rolex watches were originally intended to be a working man's watch and its construction is shock resistant, antimagnetic and water resistant. It achieves water resistance through its triplock system winding crown. You must first turn the watch crown counterclockwise until it releases from its seal. The watch crown will then pull out to let you either wind it or set the time. When complete, you must apply gentle pressure to it and turn it clockwise until it screws back into the case to protect it from dust and water. The Daytona caseback is hermetically sealed and only an authorized Rolex service person will be able to open it.
The Daytona's Movement The movement of the Daytona has changed over the years, it currently uses a 4130 caliber in-house movement. It is made of 290 parts which is much less than other Swiss chronograph movements. Its smaller size is efficient and precise and lets it fit into to the relatively small 40mm case. Note the size difference between the Daytona and the Tag Heuer Aquaracer. The watch movement also contains a Parachrom hairspring. This device protects the movement from magnetic fields and protects it from shock. On the front dial are the words, "superlative chronometer officially tested." This means the watch has undergone two weeks of testing under extreme conditions to meet Swiss standards. This process is standard for every Rolex with chronometer function.
Using the Chronograph
The chronograph function can be first and foremost used as a stop watch. To start, press down on the button above the crown. To stop, press the top button again, and to reset press the button below the crown. The chronograph can also be used as a large second hand if you synchronize it to begin with the small second hand at six o'clock of the dial. It can also be used to calculate speed, which is a little more complex. It utilizes the units per hour scale that is engraved in the bezel of the watch. For example, suppose you have taken 50 seconds to travel 1 mile. Looking at the dial you can then determine your speed to be 72 mph. Average speed times can also be determined using further calculations.
Any other questions I would contact ROLEX at their website. They even have downloads. Good luck.
The daytona you describe that has 24 hours at Daytona on the back is a relatively cheap replica daytona. It probably has a 21J japanese or chinese movement, and will probably not last very long under normal wear. The better ones out there are about $100, but you can get them for much less. The chronos do not function as the genuine daytona. The move and measure something, but who knows what.
So, this is a cheap imitation of the rolex daytona, and by no means is the best replica out there. There are better ones available with asian copies of the valjoux 7750 movement. These movements also vary in quality from the cheaper ones that run at 21,600bph, or the more upgraded mov'ts @28800bph. These have the running seconds at 6 position and hours at the 9 position.
You can search the web for a dealer that sells these better daytonas. Prices van start at around $190.00 and run up to more than $650.00 for the same watch and mov't. Depends on the dealer.. So, shop with knowledge and ask many questions before you ever purchase. You can get a reliable replica with automatic movement, depending on what model you're looking for... for less than $300. The SS series 116520 you can get a genuine looking replica for $140 to $223.
E-mail me personally and I'll tell you how to get information on ordering this Daytona replica.
Rolex's are wound by your movement. Try moving your arm back and forth and see if that helps. Also make sure that the crown is screwed in securely. If it's not a watch that you're not going to wear all of the time, you might want to buy a winder. I've bought several off of Ebay for around 30 dollars. They simply display and spin the watch off and on keeping it running. Good luck!!