Rolex Daytona "Eye of the Tiger" watch in a silver-tone case and bracelet with a diamond-set bezel and an intricate black and silver dial.

The watch in the image is a replica of a highly customized Rolex Cosmograph Daytona, typically referred to in authentic models as the "Eye of the Tiger". Authentic Rolex watches with extensive diamond settings from the factory command very high prices, whereas items described as "first copy" or "first copy product" are sold at significantly lower price points, as indicated by various online retail search results. 

Identification Details

Model: The design is based on the Rolex Cosmograph Daytona chronograph watch.

Customization: The watch features an "iced out" or diamond-studded appearance on the bezel, dial, case, and bracelet, which are characteristic of aftermarket customizations or high-quality replicas.

Authenticity: Given the context clues in the search results and the commonality of "first copy" items with this specific "Eye of the Tiger" style, the watch pictured is likely a replica. Genuine Rolex watches typically have a smooth case back without engravings or logos, and specific crisp markings that are often different in replicas.

Materials: Authentic "Eye of the Tiger" models are made with precious metals like 18k yellow or white gold, while replicas use stainless steel and simulated diamonds (CZ).