Following the unveiling the of the blue/red GMT-Master II, Rolex offers a first look at another new timepiece: the Cosmograph Daytona “Rainbow”.

The new version of the Daytona comes in 18ct Everose gold, while the bezel is set with a gradation of sapphires in rainbow hues. Also, the case is adorned with 56 brilliant-cut diamonds, set into the lugs and crown guard, while the dial features 11 baguette-cut sapphire hour markers, each of which matches the colour of the corresponding point on the bezel.

The previously released white gold “Rainbow” Daytona retailed for around $86,000 USD, so this version is expected to retail for more.

Check out the photo gallery above and a video below. For more info, visit the Rolex website here.