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#1 |
"TRF" Member
Join Date: Jan 2008
Real Name: Martin
Location: NC
Watch: A Rolex or two
Posts: 952
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Another Daytona.....I just got another call today
I usually deal with two different AD's, and one of them just called me minutes ago to ask if I wanted a black dial Daytona (not sure about new or old clasp, but price was $9925).
I cordially turned it down (4th time this year). If it were a white dial, I would be figuring out how to explain it to the wife. ![]() Daytona's seem to be popping up everywhere now. ![]()
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Deep Sea A few Rolex & a Tudor Sub An Omega & a bunch of Breitling |
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#2 |
Fondly Remembered
Join Date: May 2005
Real Name: JJ
Location: Auckland, NZ
Watch: ALL SOLD!!
Posts: 74,319
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At times like this, I guess it makes more sense to convert material wealth into hard cash!!
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Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! ![]() I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!! |
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#3 | |
2024 Pledge Member
Join Date: Jan 2007
Real Name: Dave
Location: CA
Watch: es
Posts: 4,391
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I have predicted and still predict that in the next 12 months or so, we will hear stories of TRF memebers buying SS Daytona's at AD's for less then MSRP. I predict that AD's are going to be discounting all models just to move inventory. With the 40% mark up that has been quoted on this forum from what AD's pay for these watches, even with a 20% discount everyone is still making money. The good deals are coming. This is really going to hurt the grey dealers and others trying to sell their Rolex's.
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#4 | |
"TRF" Member
Join Date: Mar 2008
Real Name: Mark
Location: Los Angeles
Watch: 5513
Posts: 2,192
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What city are you in?
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#5 | |
"TRF" Member
Join Date: Mar 2007
Real Name: Mik
Location: USA
Posts: 13,723
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member#3242 |
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#6 | |
Banned
Join Date: Jun 2008
Real Name: Ross
Location: Chicago Area
Watch: GMT 2
Posts: 324
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#7 |
2024 Pledge Member
Join Date: Jan 2007
Real Name: Dave
Location: CA
Watch: es
Posts: 4,391
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#8 |
"TRF" Member
Join Date: Jan 2008
Real Name: Martin
Location: NC
Watch: A Rolex or two
Posts: 952
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AND she just called me back to tell me they also have a white dial, and I could have the white since I really don't want the black dial.
![]() So now I really do have a dilemma on my hands!!! ![]() She has others waiting in the wings if I turn it down, but I have until 12:00 tomorrow to make up my mind.
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Deep Sea A few Rolex & a Tudor Sub An Omega & a bunch of Breitling |
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#9 |
Banned
Join Date: Feb 2008
Location: Florida, Canada
Watch: Rol/Seik/Tud/Omega
Posts: 30,244
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Seems to more and more out there.
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#10 | |
"TRF" Member
Join Date: Apr 2007
Real Name: Ashutosh
Location: Rochester NY
Watch: Daytonas,SD
Posts: 2,342
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![]() ![]() Daytonas are still one of the rarest Rolex and it is just due to bad economy n market turmoil that people are fortunate to get these calls ![]() ![]()
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Everything becomes nothing after ROLEX 116520 SS Daytona White Dial 116520 SS Daytona Black Dial 116523 18K&SS Daytona Slate Dial 16600 Sea-Dweller 16710 GMT Master II Pepsi Bezel 16613 18K&SS Submariner Blue Dial 116660 Deepsea Sea-Dweller |
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#11 | |
Member
Join Date: Sep 2008
Location: USA
Posts: 125
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Sorry, but predicting it won't make it true. Daytona demand strong as ever!
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We have seen this many times before. We have been hearing of an impending price/demand drop in Daytonas for literally years but it never seems to happen. What is likely going on now is simply the coincidental arrival of a batch of Daytonas at US ADs from Rolex. The GV Milgauss is a very cool Rolex but it is not going to be like the SS Daytona, just as the GMT II-C did not become like the SS Daytona despite initial speculation. There's only one Rolex like the SS Daytona and it's called the SS Daytona. The Daytona has more of a history than the Milgauss. The demand and scarcity of the SS Daytona have steadily increased over more than a decade. It is clearly not a fad. The big auction house sold a '71 "Albino" Daytona for over half a million dollars on April 23, 2008. I doubt a Milie has ever sold for much more than a tenth of that number. The Daytona is a legend. With the SS GMT II-C and now with the GV Milgauss and the SDDS we see a short burst of high demand at retail launch followed by a sharp drop in price back towards list price. We have no access to Rolex production numbers, shipments, or AD sales. Anecdotal evidence from one AD who may or may not have an agenda is not objective. A few TZ salescorner sales is not indicative. The current market prices (the Bay and GM-ers) tell the true story and are the only objective measures of supply and demand. GV prices are down because demand is down. SS Daytona prices have been have been over list for years. Waiting lists for SS Daytonas can be years long and that's if you are a good customer. Worldwide, black is harder to get and commands a higher premium over list in most countries (e.g. Japan). This may not be an issue if you are not going to flip it but rarity is always nice to have. The perceived increased popularity of white in some countries is likely due to the greater availability of the white dial compared to black even though both are still very hard to get at an AD for list price. Finally, there is historic support for going with the black dial. COSMOGRAPH production began in 1963 with the reference 6239, initially with a VALJOUX 72B movement, and identical to that of the 6238 models. The oldest examples have a bezel for speed measurement with graduations and silver counters on a BLACK DIAL for the steel version. Having said all that, get whichever comes your way first. You won't have a choice unless you plan on paying over list. And the chance to get it at an AD at list price and have your name on the registration is great. There are always risks higher prices buying gray market or pre-owned. |
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#12 | |
2024 Pledge Member
Join Date: Jan 2007
Real Name: Dave
Location: CA
Watch: es
Posts: 4,391
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We shall see... Lets revist this in a year or so and see.
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#13 |
"TRF" Member
Join Date: Mar 2008
Location: Dallas, TX
Posts: 831
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Frankly...availability, msrp, grey market, whatever isn't matter much now.
Why? I am enjoying mine...blk & wht. |
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#14 | |
Member
Join Date: Jun 2007
Location: GMT-5
Watch: SS Daytona, ND Sub
Posts: 269
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#15 |
"TRF" Member
Join Date: Jan 2008
Real Name: Tony
Location: England
Posts: 5,435
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Please lets us know what you decide?
Wow this is the third thread about a S/S Daytona becoming available, in one day!!!!
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![]() Last edited by topcat30093; 22 October 2008 at 12:44 PM.. Reason: Added an extra piece |
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#16 | |
2024 Pledge Member
Join Date: Apr 2008
Real Name: jP
Location: Texas
Watch: GMT-MASTER
Posts: 17,185
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Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics. |
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#17 | |
⭐⭐⭐⭐⭐⭐
2024 SUBMARINER Sponsor & Boutique Seller Join Date: Sep 2008
Real Name: Oscar
Location: Florida
Watch: Me!!!
Posts: 23,230
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I guess season is coming they are realsing it before us people use our money some where else hahahaha
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#18 | |
2024 Pledge Member
Join Date: Jun 2008
Location: So Cal, USA
Watch: Not a ONEWatch Man
Posts: 7,383
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Make sure you pay $9200 only since the newer price only applies to models/pieces with newer clasp only. Many AD's are jumping on this and charging more. Several people already go their refund of 725+tax. ![]()
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SS Submariner Date "Z" SS SeaDweller "D" SS Submariner "Random" TT Blue Submariner "P" SS GMT-Master ll "M", Pepsi Pam 311, 524, 297 |
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#19 | |
"TRF" Member
Join Date: Jun 2008
Location: Tejas
Watch: your step
Posts: 2,806
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A quick scan of the for sale forum shows a sale just within the last few weeks of a five year old model for $9700, a tidy profit for the individual assuming he purchased it new...and others are selling in the 10's. So the market has definitely slowed (hardly a surprise given the current state of things; a 40+% decline in the Dow will tend to put the fear into people), I think it's quite an overstatement to declare the watch "dead in the water". The watch market as a whole is slowing, and the Daytona isn't immune, but it's still a rarity to find them at ADs...plus, Rolex can always limit production if they decide that one of their most-hyped models is losing its sheen. Time will tell, but imo reports of the SS Daytona's death are greatly exaggerated. ![]()
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116520 white; 16613 black; 116710; 16570 polar; 16600. AP 15400; 15703. Blancpain Fifty Fathoms. Glashutte Sport Evo GMT. Omega Planet Ocean 2907.50.91; Planet Ocean Liquidmetal LE 222.30.42.20.01.001; Seamaster 2255.80.00. Breitling Crosswind, white. Panerai PAM 005. VC Overseas Chrono, black. |
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#20 |
"TRF" Member
Join Date: Sep 2008
Real Name: James
Location: SoCal Baby!
Watch: submariner 16610
Posts: 860
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improviz, i second what you said...
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James T |
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#21 |
"TRF" Member
Join Date: Jan 2008
Real Name: Martin
Location: NC
Watch: A Rolex or two
Posts: 952
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Update....I ended up turning down the Daytona. I'd be buying it just to have a Daytona, and, truth be told, once it crossed the $8K mark, it lost its appeal. For $10K (it has the new bracelet, and then you have to add tax), I can buy a very gently used Sub date, plus a gently used GMT, and a beater ND Sub. I may regret it later, but the self-justification and mental jockeying throughout the evening, and most of the morning, told me I really only want it b/c it's so hard to find new from an AD.
But in the end, having been offered the elusive white dial, I am just sitting back, counting the days 'till I get my hands on another Pepsi (which I really do want (again)). I think I need a drink... ![]()
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Deep Sea A few Rolex & a Tudor Sub An Omega & a bunch of Breitling |
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#22 | |
2024 Pledge Member
Join Date: Apr 2008
Real Name: jP
Location: Texas
Watch: GMT-MASTER
Posts: 17,185
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Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics. |
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#23 | ||
"TRF" Member
Join Date: Jun 2008
Location: Tejas
Watch: your step
Posts: 2,806
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They are definitely down from their previous lofty heights, though, so if the trend continues you'll be spot-on....we'll know before long, that's for sure. ![]()
__________________
116520 white; 16613 black; 116710; 16570 polar; 16600. AP 15400; 15703. Blancpain Fifty Fathoms. Glashutte Sport Evo GMT. Omega Planet Ocean 2907.50.91; Planet Ocean Liquidmetal LE 222.30.42.20.01.001; Seamaster 2255.80.00. Breitling Crosswind, white. Panerai PAM 005. VC Overseas Chrono, black. |
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