The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 20 April 2015, 08:39 PM   #1
mrjnam
"TRF" Member
 
Join Date: Nov 2013
Location: Los Angeles, CA
Posts: 52
Day Date II Prices Hit Bottom Yet?

What do you think the "bottom" price of the Day Date II will be? By that I mean, the price in which it will not go any lower, but eventually start going up from, given enough time. For example, I think the bottom price for the Day Date 18038 was about $6000 about 10yrs ago and eversince then, it's been creeping up. Currently, a used Day Date II goes for around $26-27k. I'm guessing around $20k to $23k?
mrjnam is offline   Reply With Quote
Old 20 April 2015, 09:59 PM   #2
Gaijin
2024 ROLEX DATEJUST41 Pledge Member
 
Gaijin's Avatar
 
Join Date: Feb 2007
Location: Japan
Watch: ing your back.
Posts: 16,179
I don't think that it will ever go lower than it is now. If you are talking new in box. Used, after many many years yes I could see the price going down a bit from what they are now based on condition and age.
Gaijin is offline   Reply With Quote
Old 20 April 2015, 10:01 PM   #3
mike
"TRF" Member
 
mike's Avatar
 
Join Date: Jul 2005
Posts: 22,683
Ten years ago they were all a bit cheaper.
mike is offline   Reply With Quote
Old 20 April 2015, 10:06 PM   #4
MonBK
Banned
 
Join Date: Nov 2010
Location: Kingstown
Posts: 58,279
Quote:
Originally Posted by mike View Post
Ten years ago they were all a bit cheaper.
Agree, I bought them left and right for $4,500 - 5,500
MonBK is offline   Reply With Quote
Old 20 April 2015, 10:19 PM   #5
superdog
2024 Pledge Member
 
superdog's Avatar
 
Join Date: Oct 2011
Real Name: Seth
Location: nj
Watch: Omega
Posts: 24,827
Quote:
Originally Posted by MonBK View Post
Agree, I bought them left and right for $4,500 - 5,500
lol.

to the OP. I see them going up.

All I hear is "these are discontinued, you won't be able to get it soon".

I would hop all over another one, but I super interested in the 40.
__________________
If happiness is a state of mind, why look anywhere else for it?

IG: gsmotorclub
IG: thesawcollection

(Both mostly just car stuff)
superdog is offline   Reply With Quote
Old 20 April 2015, 10:21 PM   #6
hunterp27
Banned
 
Join Date: Sep 2011
Real Name: JHP
Location: Fairview, TX
Watch: WG 18039 Day/Date
Posts: 789
Ya but the reason the original day/date presidents, dropped so low had far more to do with the price of gold than the watch market bottoming out. The price of gold 10 years ago today was less than 500.00 per ounce. Anytime a piece of jewelry is made from a precious metal that makes up a significant portion of the original value, its price per ounce in it's smelted form will largely guide the value of the top and bottom. I think you are looking at the bottom of the market ( or very close to it) for any day/date you would consider wearing as your watch. That's my un-expert opinion if that's even a word.
hunterp27 is offline   Reply With Quote
Old 20 April 2015, 10:31 PM   #7
THC
2024 SubLV41 Pledge Member
 
THC's Avatar
 
Join Date: Jun 2013
Real Name: Tom
Location: Mandeville La
Watch: 126333
Posts: 10,660
Not sure about the 18038 being had for that little, but one can absolutely buy one very low, as the band is mostly likely always stretched out beyond belief... But send it to a certain someone in Hong King, and presto, a brand new day date
THC is offline   Reply With Quote
Old 20 April 2015, 10:48 PM   #8
bdex75
"TRF" Member
 
bdex75's Avatar
 
Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,506
Has Rolex announced the MSRP of the DD40 yet? I think PM pieces have always been able to be had new for a pretty fair discount.
If the DD40 takes a big increase over the old DD2 then I would imagine that the DD2 will hold pretty well.


Sent from my iPhone using Tapatalk
bdex75 is offline   Reply With Quote
Old 21 April 2015, 02:26 AM   #9
rudegar
"TRF" Member
 
rudegar's Avatar
 
Join Date: Feb 2011
Location: California
Watch: DD 40 Pt
Posts: 365
Quote:
Originally Posted by bdex75 View Post
Has Rolex announced the MSRP of the DD40 yet? I think PM pieces have always been able to be had new for a pretty fair discount.
If the DD40 takes a big increase over the old DD2 then I would imagine that the DD2 will hold pretty well.


Sent from my iPhone using Tapatalk

I believe AD will write order for DD40 at DDII price


Sent from my iPhone using Tapatalk
rudegar is offline   Reply With Quote
Old 21 April 2015, 08:49 AM   #10
mrjnam
"TRF" Member
 
Join Date: Nov 2013
Location: Los Angeles, CA
Posts: 52
I was talking about used prices. I think the bottomed out price of the 18038 was a little over $6000, which was about 10 yrs ago; I know this because I sold mine at that time to get a PAM 88.

So do you the think the bottomed out price of a used DD II will be about 20k or higher?
mrjnam is offline   Reply With Quote
Old 20 April 2015, 10:54 PM   #11
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,368
If I were a seller I would not lower prices until at least the DD40s had been out for a little while. Basel is only for the die hards, 90% of buyers won't even know about the new watch. It's the same with Patek, altho they recently dropped prices 10% many used models like the Nautilus have not been lowered and used prices are still higher than the new retail.
AK797 is offline   Reply With Quote
Old 20 April 2015, 11:52 PM   #12
Keith1
"TRF" Member
 
Keith1's Avatar
 
Join Date: Jun 2013
Location: San Diego
Watch: Sub-C blue, DSSD
Posts: 2,482
Quote:
Originally Posted by mrjnam View Post
What do you think the "bottom" price of the Day Date II will be? By that I mean, the price in which it will not go any lower, but eventually start going up from, given enough time. For example, I think the bottom price for the Day Date 18038 was about $6000 about 10yrs ago and eversince then, it's been creeping up. Currently, a used Day Date II goes for around $26-27k. I'm guessing around $20k to $23k?

You can buy a BNIB Day Date II for $26-$27k.
Keith1 is offline   Reply With Quote
Old 21 April 2015, 01:37 AM   #13
watchwatcher
"TRF" Member
 
watchwatcher's Avatar
 
Join Date: Jan 2009
Real Name: Larry
Location: Kentucky
Watch: Yes
Posts: 35,002
I doubt if you're going to see them BNIB for 20-23. Just my opinion.
watchwatcher is offline   Reply With Quote
Old 21 April 2015, 01:41 AM   #14
kilyung
2024 SubLV41 Pledge Member
 
kilyung's Avatar
 
Join Date: Jul 2009
Location: Cave
Watch: Sundial
Posts: 33,940
Buy them to hold them and it's not an issue.
kilyung is offline   Reply With Quote
Old 21 April 2015, 10:00 AM   #15
Muzz
"TRF" Member
 
Muzz's Avatar
 
Join Date: Mar 2014
Real Name: Steve
Location: TO CAD, HCMC VN
Watch: MP 18946
Posts: 7,292
Can't see prices going down and at the same time I do not seem them flying off the shelves. I would imagine they will hold solid.
Muzz is offline   Reply With Quote
Old 21 April 2015, 10:06 AM   #16
kilyung
2024 SubLV41 Pledge Member
 
kilyung's Avatar
 
Join Date: Jul 2009
Location: Cave
Watch: Sundial
Posts: 33,940
I'd be surprised if it didn't track with the DD40.
kilyung is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

Asset Appeal

Wrist Aficionado

DavidSW Watches

Takuya Watches

My Watch LLC


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.