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#181 |
"TRF" Member
Join Date: Sep 2020
Real Name: Antonio
Location: NY/Milan
Posts: 95
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I'm reading, hearing, many enthusiasts, no one would exchange their 11 for the new 12. The case of the new one is larger lug to lug and the dials do not give emotions because they are copied from the previous ones, and the prices of new ones model on the gray market continue to fall
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#182 | |
"TRF" Member
Join Date: Feb 2024
Location: Australia
Posts: 57
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#183 | |
"TRF" Member
Join Date: May 2020
Location: Hillside
Posts: 348
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#184 |
2024 Pledge Member
Join Date: Apr 2022
Real Name: Bazil Brush
Location: Star Gazing
Watch: Any Daytona
Posts: 3,182
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Shocked to see on chrono 24, let’s say for UK, the gap between 116 and 126 is closing ..
And as time goes on will the 116 overtake the 126 price wise ? I think it will, I think give it a couple of years and the demand will be for the 116 .. especially the PANDA version ..
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#185 |
Banned
Join Date: May 2024
Location: USA!!
Posts: 50
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What a combo! These pics are fantastic, thanks for sharing!
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#186 | |
"TRF" Member
Join Date: Feb 2012
Location: Dayona
Posts: 2,269
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#187 |
"TRF" Member
Join Date: Feb 2012
Location: Dayona
Posts: 2,269
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#188 | |
"TRF" Member
Join Date: Feb 2020
Location: Northern Europe
Posts: 194
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1. For the average watch person, the two watches are basically the same. It is only in here that we discuss the minor details. So when presented with the choice more people will chose the 116, simply because it is cheaper, pressing the price up. 2. People speculate that the 116 will become collectible in the future, due to the 6/7 years production time. With regard to point number 2, I am not sure that neither the 116 or 126 will become collectible in the future (depending on what happens with the 126). Rolex have become much more streamlined - we don’t really see floating dials, inverted 6’s, Patrizzi dials etc. anymore. As far as I know, the dial, bezels etc. was the same on the 116 from start to finish, so e.g. no talk about a 2016 version with a service dial, as all the dials was the same. Further, Rolex watches today are produced in greater numbers, and people are much more likely to keep a complete set, due to the increased focus on this. Back in the 1990’s there were no need to keep box or papers after the warranty had ran out, because why would you? So going forward there will be a greater supply of full set watches. Lastly, due to the ceramic and chromalight/super luminova together with laser welding etc. the watches won’t really age, so there will be a greater supply and the watches will be in better condition in general. Of course the Daytona will always be popular and in demand but, in my opinion, it will be more like say the 5513 - a great and classic watch but not that hard to find. |
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#189 |
"TRF" Member
Join Date: Feb 2012
Location: Dayona
Posts: 2,269
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I still love my black 116500! Feeling lucky to own both 116500 and 126500!
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#190 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Mar 2007
Location: LA
Watch: what’s next.
Posts: 1,127
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#191 |
"TRF" Member
Join Date: Jul 2024
Location: San Fran
Posts: 15
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Agreed. The 126 especially in black is way, way better than the 116 reference. It's worth the upgrade.
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#192 | |
"TRF" Member
Join Date: Jun 2023
Location: USA
Posts: 1,086
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#193 | |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Mar 2007
Location: LA
Watch: what’s next.
Posts: 1,127
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#194 | ||||
Banned
Join Date: Nov 2023
Location: United Kingdom
Posts: 613
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Just to play devil's advocate, I have a couple of different thoughts:
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- Just my 2p on this topic: I don't actually think the 116500LN white dial or black dial is going to accelerate past the 126500LN, leaving it for dust and becoming a highly sought-after, uber-collectable reference (or at least, much more than it is now). In its 7-year run they were made in fairly significant numbers; we know this from not only the relatively large amount of collectors here on this very forum but elsewhere, on socials, etc, but also with around 1000 of them on the open market (in white and black, adjusted by 10% for dealers who don't actually have them). I think a more likely scenario is that watches, or the luxury watch market specifically, will eventually see a positive uptick, in line with the wider economy and as trophy assets become more prominent in spenders minds once more. We're not going to be seeing a major spike like the post-COVID era, but, like every other market cycle before it for trophy assets, things will definitely get back on track - at least for certain pieces, of course. As a result, I think we will rather see more of an alignment of 116 vs. 126 values. The model where the 116 accelerates past the 126 value-wise is flawed because it does not account for overall demand increasing. Demand at ADs will continue to increase for new pieces, and demand on the secondary should increase too eventually. Lastly - by definition there's very little reason for 116's to go nuts. As mentioned before, they are not hard to find watches, there are a lot on the market, and for things to go particularly "more collectable", there would have to be a significantly fewer of these than there are now. Taking into account more vintage Daytonas, this is certainly the case, usually, they tend to command a higher premium due to their scarcity and to Deppe's point above, quality becomes a serious factor. So many of these 116 ref watches are tucked away, stickered, untouched for a rainy day (also by dealers, no less!) - meaning, there won't be a drought of unworn 116500LN's on the market, pretty much ever. I know some don't like this topic, so, sorry for the waffle. I for one find it fun - I enjoy markets etc and fun learning about how people choose to make their decisions |
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#195 | ||||
"TRF" Member
Join Date: Feb 2020
Location: Northern Europe
Posts: 194
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#196 |
"TRF" Member
Join Date: Jul 2024
Location: PG
Posts: 2
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#197 |
"TRF" Member
Join Date: Jul 2024
Location: PG
Posts: 2
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#198 |
"TRF" Member
Join Date: Jul 2024
Location: GM
Posts: 1
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#199 |
"TRF" Member
Join Date: Feb 2012
Location: Dayona
Posts: 2,269
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I don't really care which reference will be more valuable in the future. It's unfortunate that some people choose a watch based solely on its potential future value. Anyway, here are a few more pics of this beauty!
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#200 | ||
"TRF" Member
Join Date: Feb 2020
Location: Northern Europe
Posts: 194
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Regarding my slab-sided comment, I can understand that this is not the case, and the current 126 still have the same rounded case as the 116. Quote:
Yes, it will scratch more easily, but will you notice in a way so it detracts from the watch? I don't really think so, unless you sit with a loupe, but then you will probably find many more scratches at the whole thing is a stainless steel case. Yes it will protect the ceramic bezel more, but there is not a general problem with ceramic bezels shattering without the ring, otherwise we would have heard about it by now, so in that way, I do not think that it was introduced with a practical purpose in mind. Instead, I see the addition of the ring as more of a design choice, just as it was a design choice to go with the new case - the new is not inherently better and vice versa, it is more up to individual preference. |
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#201 | |
Banned
Join Date: Nov 2023
Location: United Kingdom
Posts: 613
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Quote:
wasn't shut down for a whole year though - I'd argue it barely scraped the surface when it came to Daytona numbers that left the factory that year in reality... perhaps down 10-15% on the year maybe as a guess. |
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