Daytona 116500 dropping in price

[Pyclah]

Is it me or is the daytona 116500 coming down in price? Looks like in anticipation to the 126500 the current 116500 is coming down. Now what will happen when the new Reference hits the secondary market? Will the 116500 increase in price?

[Duey]

yes

[Pyclah]

Yes to which part. That its going down in price or that it will go back up ince the new reference hits the shelves

[Watcheroo]

The whole market is softening.

[Pyclah]

Originally Posted by Watcheroo

The whole market is softening.

I feel like its just stabilized. $50kusd for daytona was just stupid. 24-28k is somewhat realistic. Im just curious how the market will reacts to the new reference, since the all ceramic bezel has been the shortest run of 9 years

[brandrea]

Originally Posted by Watcheroo

The whole market is softening.

Agreed

[Calatrava r]

Originally Posted by Watcheroo

The whole market is softening.

If so, you can expect deliveries to ADs to slow down at some point. Funny how that works.

[Rico_Brasole]

Market has probably been soft for awhile now. The greys and AD don’t benefit from a soft market so if I had to guess they’ve been trying to keep it up. I would guess they can only hold out for so long


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[Hkspwrsche]

“And dropping!”

[Pyclah]

Originally Posted by Hkspwrsche

“And dropping!”

Black dial(which I prefer looks to be coming down faster, the white dial seems to have stopped at 28-35k. And yes I call it the white dial since its not truly a panda.

[Idcutthat13]

Originally Posted by Pyclah

Black dial(which I prefer looks to be coming down faster, the white dial seems to have stopped at 28-35k. And yes I call it the white dial since its not truly a panda.

Definitely not a panda and embarrassing when it’s referred to as one.

[csaltphoto]

Certainly some models. The mark up on the steel Daytona was crazy. Just saw a blue dial Yachtmaster for $1500 under retail and it used to go for a couple of grand over retail. Older subs (4 digit) aren't commanding near the same premium they used to. Heck, saw a current reference gold Daytona for 33K the other day but it went fast. 5 digit subs seem to holding on OK, roughly the same as a new sub. 14060 seems oddly popular, generally commanding a premium over the date version.

[Pyclah]

Originally Posted by csaltphoto

Certainly some models. The mark up on the steel Daytona was crazy. Just saw a blue dial Yachtmaster for $1500 under retail and it used to go for a couple of grand over retail. Older subs (4 digit) aren't commanding near the same premium they used to. Heck, saw a current reference gold Daytona for 33K the other day but it went fast. 5 digit subs seem to holding on OK, roughly the same as a new sub. 14060 seems oddly popular, generally commanding a premium over the date version.

Yachtmaster has been a hard sell. Even the people that buy them have to keep telling themselves they like the watch. Older subs have definitely come down a lot, under 10k complete is pretty common.

[jb335]

Maybe the black dial but I don’t see the white moving down.

The 126500s are going to be significantly higher so I don’t see that causing the 116500 to drop


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[SS Oyster]

Great watches! Get one while you can if you think they’ve hit a low.



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[Mystro]

Originally Posted by SS Oyster

Great watches! Get one while you can if you think they’ve hit a low.



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^^fact. The 11 series SS Daytona established itself in pop culture and a rockstar beyond any other model.
They will only go up in time so now is about as good as you will get to find a 11 series ceramic Daytona. It’s the most famous now discontinued model and with the new 12 series Daytona filtering out at a higher level will only drive the Daytona market up on every ss Daytona model.
I can easily see it going back up to the $40k-$45k mark in the not so distant future when supplies dry up and owners are holding. Higher $$ yet if the new movement has issues. The 4130 movement is the best modern movement ever made by Rolex and that alone will drive up its value.

[Radbloke]

Originally Posted by Mystro

^^fact. The 11 series SS Daytona established itself in pop culture and a rockstar beyond any other model.
They will only go up in time so now is about as good as you will get to find a 11 series ceramic Daytona. It’s the most famous now discontinued model and with the new 12 series Daytona filtering out at a higher level will only drive the Daytona market up on every ss Daytona model.
I can easily see it going back up to the $40k-$45k mark in the not so distant future when supplies dry up and owners are holding. Higher $$ yet if the new movement has issues. The 4130 movement is the best modern movement ever made by Rolex and that alone will drive up its value.

I'm going to respectfully strongly disagree with this. In fact, I'll bet you a can of ice-cold beer and/or cola of your choice that prices will be lower this time next year for these old models.

[Sunstreaker]

Originally Posted by Radbloke

I'm going to respectfully strongly disagree with this. In fact, I'll bet you a can of ice-cold beer and/or cola of your choice that prices will be lower this time next year for these old models.

Agreed. I see them heading lower this time next year, not higher. Now the newer references will of course be fetching stupid money but not the 116500s IMO.

[buknoy]

Originally Posted by Mystro

^^fact. The 11 series SS Daytona established itself in pop culture and a rockstar beyond any other model.
They will only go up in time so now is about as good as you will get to find a 11 series ceramic Daytona. It’s the most famous now discontinued model and with the new 12 series Daytona filtering out at a higher level will only drive the Daytona market up on every ss Daytona model.
I can easily see it going back up to the $40k-$45k mark in the not so distant future when supplies dry up and owners are holding. Higher $$ yet if the new movement has issues. The 4130 movement is the best modern movement ever made by Rolex and that alone will drive up its value.

Movement issues? will it matter? i dont think so. you yourself bought 32 series movement. not one but two so i dont think it will matter. and i can guarantee you no one will declined a daytona due to movement issue

[Mystro]

Originally Posted by buknoy

Movement issues? will it matter? i dont think so. you yourself bought 32 series movement. not one but two so i dont think it will matter. and i can guarantee you no one will declined a daytona due to movement issue

I have actually purchase 9 32 series movements since they were introduced and all had been great for the varying time I owned those particular watches. That said, I will gamble more with a 32 series movement for performance gains and case/bracelet upgrades than a 4130 that is perfection in function and form.

What I am saying is the 4130 has such a stellar reputation above any other Rolex movements that anything but “perfection” from the newer chronograph movement will be noted by enthusiast. Let’s not compare a 4130 to a workhorse 31 series movement because they are very different along their life span and two ends of the spectrum in the Rolex design. The 4130 was already at todays industry performance standards decades ago and really had no reason to be tinkered with. The 31 series was considered “outdated” by many for years with its rotor design and power reserve. In other words, the 31 series had more to gain with a upgrade where the 4130 didn’t.

[buknoy]

Originally Posted by Mystro

I have actually purchase 9 32 series movements since they were introduced and all had been great for the varying time I owned those particular watches. That said, I will gamble more with a 32 series movement for performance gains and case/bracelet upgrades than a 4130 that is perfection in function and form.

What I am saying is the 4130 has such a stellar reputation above any other Rolex movements that anything but “perfection” from the newer chronograph movement will be noted by enthusiast. Let’s not compare a 4130 to a workhorse 31 series movement because they are very different along their life span and two ends of the spectrum in the Rolex design. The 4130 was already at todays industry performance standards decades ago and really had no reason to be tinkered with. The 31 series was considered “outdated” by many for years with its rotor design and power reserve. In other words, the 31 series had more to gain with a upgrade where the 4130 didn’t.

But both 32 and 4131 have chronergy escapement which us why you already assuming will have a problem.
I think 4131 and 4130 have the same system other than chronergy escapment, paraflex shock absorber and decorated bridge but i could be wrong hence its why its called 4131 not 4230

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[BillA]

I think flippers will be hurt and go away but grey market dealers I am not sure. They just buy lower and still have a margin on resale.

[Bartolo]

Originally Posted by BillA

I think flippers will be hurt and go away but grey market dealers I am not sure. They just buy lower and still have a margin on resale.

Precisely. The gray market dealers work on margin; if they are selling lower they are buying lower. It all works out for them.

And if they hold some stock that they 'bought high' they just sell it off and put that cash right back into lower priced purchases...that they then make their margin on.

It's a very simple business that simply takes some capital to back up.

[jfmiii]

The inventory on these seems to have picked up significantly and they are sitting.

[geoffreyis]

Amazing watch. Would buy it again and twice on Sunday.

[1William]

Not enough data to make a market determination but the prices have softened. Remember the time of the year also plays into sales and prices. Summer is a bad time to sale and a good time to buy. The Holidays, November and December, are a good time to sale and not so good to buy. If a watch has reached a price point that works for you then get it. In the long run nothing in the watch game that is limited or desirable gets cheaper.

[fskywalker]

Anything over MSRP is too much IMHO, YMMV


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[Oytun]

Originally Posted by fskywalker

Anything over MSRP is too much IMHO, YMMV

Except Daytona and maybe BLRO

[fskywalker]

Originally Posted by ooztumer

Except Daytona and maybe BLRO

For you perhaps!


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[Oytun]

Taking "anything over MSRP is too much" cliche aside, steel Daytona's including 116500 will always worth over msrp for anyone who can't get it from AD within 1-3 years. And ~$25 is fair price in current market IMO. For even black dial.

I don't think it will see 50-60's again, but also not going down near or below 20's. I'd get white dial right away if i see it for $25K this year, not more.

Originally Posted by fskywalker

For you perhaps!

Yes, right...