Vintage Day Dates under valued?

[robinmgb]

I’m about to buy a 1998 Gmt coke 16710 for £10000 and have now realised I can buy a near mint 1803 at my local dealer for the same price.
It’s got me wondering now!
The 1803 is a 1972, first year with hacking seconds and concealed clasp I believe, bracelet has been repinned so no stretch and bezel still very crisp, with a dark grey pie pan dial it looks beautiful.
It does look amazing value compared to an all steel Gmt coke.
Doe anyone think these vintage Day Dates are relatively undervalued and must be due to increase in value before long?

[athom]

professional models costs more than the others..it's a fact. You cannot compare a GMT and a day date. For me it depends only what you wish to wear.

[asb396]

Rare 1803s are scooped up very quickly. Try to find a WG 1803 with bracelet for a decent price. Vintage day date prices have recently accelerated. I personally love them and have started collecting only 1803's (alongside several professional models). The YG ones are harder to wear as they're a bit flashy.

[robinmgb]

I have now arranged to see both watches side by side tomorrow, it’s the only way.
I’m only interested in yellow gold, don’t like rose and can’t see the point in white gold.
Certainly think the Day Date can’t be beaten for value in the current market.
A mint vintage 1803 for approx 1/3rd of a new one while a similar vintage Gmt is approximately twice the price of a new one

[330ci]

Originally Posted by robinmgb

I have now arranged to see both watches side by side tomorrow, it’s the only way.
I’m only interested in yellow gold, don’t like rose and can’t see the point in white gold.
Certainly think the Day Date can’t be beaten for value in the current market.
A mint vintage 1803 for approx 1/3rd of a new one while a similar vintage Gmt is approximately twice the price of a new one

It’s all relative. A few years ago you could get a double quickset for melt + movement value. Gone are those days. 18038/238s are double what they were a few years back. Although gold watches seem to be a relative bargain. I’m looking at. UN GMT in 18kt for $6k. Nothing else I’ve seen comes close. Solid gold sports watch on strap for less than a SS DJ

[offrdmania]

A champagne dial 1803 on a strap can still be picked up for around 6 grand and a little over 10 with a full bracelet.

I think the only thing holding them back are their 36mm size as compared to current trends of 40-43mm being the ideal size.

[brandrea]

Everything seems to have elevated in price.

I agree OP, the DD does offer good value relative to everything else.

[Tools]

Solid gold Rolex watches are a dream-watch for many thousands of folks.

Frequently, getting an older model is the only way that some can fulfill their dream.

Couldn't say if they were "undervalued" or not; they are certainly more expensive today than they have ever been.