So how do I know when 116520 has reached its lowest price drop?

[ronricks]

It is coming. You are kidding yourself if you believe otherwise.

[versatile1]

Originally Posted by tommy91

I am looking to add 116520 SS Daytona to my collection, hoping to take advantage of a price drop on the grey market due to the ceramic version. I appreciate this may be an impossible question but when do I buy to ensure I can get the lowest price? How long do I wait is basically what I am asking? Thanks

Already did about 3 yrs ago

[Spartacus]

Regardless of demand, I think now is the time to start (if you have not done so already) a Daytona collection.

[rst1121]

For people who are looking at new from AD, what price are they selling? I spoke to my AD and a SS Black is $12K which is MSRP. No discount??

[Al1969]

Originally Posted by Robert993

that depends if you want a new condition or pre-owned. if you are collecting it, i suggest you buy a new one from AD, you might have a advantage to obtain a New daytona-C faster.

I think this is a good idea, especially if the AD may be willing to discount some considering the new incoming Daytona. Of course, the hard part will be finding an AD that has them in stock.

[Dyim]

I am thinking any short term drop will be negated by long term rise.

[anothernewphone]

I'd say that you can give it probably 5-10 years. Then, you can look back and tell when the lowest was.

Otherwise, it's all a guessing game!

[psd1966]

If you track the UK prices you may have noted an increase in Daytona prices on the grey market since Basel of about £200-300 (c. $450) across the ss models. If you follow the history of prices for ceased models, even the most popular mass produced ones, there has never been any significant drop in short term prices, but longer term they all increase......

[brettpaul]

Originally Posted by fullcourt

^^^^this, people think the bottom is gonna fall out

these posts have been comical.

You'll know when it gets to a price you're willing to pay for it....don't think it's going to drop to $6.57k bc that's just day-dreaming mate!

[Azure Chicken]

Originally Posted by psd1966

If you track the UK prices you may have noted an increase in Daytona prices on the grey market since Basel of about £200-300 (c. $450) across the ss models. If you follow the history of prices for ceased models, even the most popular mass produced ones, there has never been any significant drop in short term prices, but longer term they all increase......

It seems used 116520 prices have increased at Bob's Watches as well (Bob's is a relatively large and well known US Rolex reseller).

For example, the asking cc price for a random serial white dial in grade II condition is $10,928.

The oldest 116520 they have, a 15 year old P serial in grade III condition has a cc asking price of $10,103.

The announcement of the ceramic Daytona doesn't seem to have depressed prices for the older reference in the secondary market yet. In fact, it seems to have had the opposite effect for now, but it's anyone's guess how prices will fluctuate in the future.

[SC11]

Personally I don't think it will be any different then any previous popular model revamps.

My only thinking is there might to a slight drop in prices as a few hit the market with people moving on to get the newer model.

[Robrob777]

12195 Grey Market, you save the tax. Or ask the AD for a 10%discount but you may need to pay cash and no cc.

[Andad]

At this time there is a waiting list for most SS Rolex sports models in Oz and no improvement on the horizon.
I haven't checked the price of the new Daytona C in Oz as I expect it to be about 20k and availability poor to impossible.
I am treating the new ceramic Daytona as just one more Rolex to talk about and am looking forward to seeing some owners thoughts and pix on the Forum.

[rollerballer]

I don't think there is a price drop. If the price is not right, owners simply won't sell.

[Mick P]

Chaps

Up until now I never had any interest in owning a Daytone but the ceramic ss model is giving me serious thoughts about buying one.

The ceramic model is distinctive and it strangely enough can appeal to those who want the latest model/look and those who like a vintage look. This model is an above average winner.

The 116520 is just an ordinary Daytona and I can see newbies like me going straight in to the ceramic model and current 116520 owners flipping them just to have the latest toy.

The 116520 is up at the top of its price band and that is just not substainable and I can see it dropping in price because it has lost some of its sex appeal thanks to the young and alluring ceramic model.

Therefore I see a steady drop in price of about 10%-15% before it levels out and then aquires the usual classic status and starts to keep up with inflation.

I still prefer my stategy of never selling a watch, thus the future value is totally irrelevant.

Regards

Mick

[SC11]

Originally Posted by Mick P

Chaps

Up until now I never had any interest in owning a Daytone but the ceramic ss model is giving me serious thoughts about buying one.

The ceramic model is distinctive and it strangely enough can appeal to those who want the latest model/look and those who like a vintage look. This model is an above average winner.

The 116520 is just an ordinary Daytona and I can see newbies like me going straight in to the ceramic model and current 116520 owners flipping them just to have the latest toy.

The 116520 is up at the top of its price band and that is just not substainable and I can see it dropping in price because it has lost some of its sex appeal thanks to the young and alluring ceramic model.

Therefore I see a steady drop in price of about 10%-15% before it levels out and then aquires the usual classic status and starts to keep up with inflation.

I still prefer my stategy of never selling a watch, thus the future value is totally irrelevant.

Regards

Mick

Agree with some points but no way will they drop to £6,000 mark!

[brandrea]

Originally Posted by directioneng

At this time there is a waiting list for most SS Rolex sports models in Oz and no improvement on the horizon.
I haven't checked the price of the new Daytona C in Oz as I expect it to be about 20k and availability poor to impossible.
I am treating the new ceramic Daytona as just one more Rolex to talk about and am looking forward to seeing some owners thoughts and pix on the Forum.

Well said. It's going to be nice to sit back and listen to the reviews.

[travisb]

No one knows. I wouldn't expect it to drop much. Down the road, maybe not at all once things settle.
Buy now. Wear it and enjoy it.

[Wahlberg]

Even though the grey market has interesting prices, you'll never get the deal you are looking for. The same applies for cars. If you are looking for a Ferrari that is priced really good you will never get it buying it from a dealer. You have to buy straight from the current owner.

So you have to look in the right places...

[Roll the Lex]

I've thought about this too. If there is a price change, it will likely take months to years to see a change, and the change is likely going to be small.

[1William]

I just purchased a slightly pre-owned Daytona with the black face after the announcement from Basel. My intentions are to wear and enjoy the 116520, which I consider to be a beautiful and classic watch. I am on the list for the white face Daytona-C at my AD and will be in the first 5-10 who receive the watch. When that occurs is any ones guess. I paid what I consider a fair price for my 116520 and will pay retail for the Daytona-C. Once both watches are in my collection I will move on. I do not see a market adjustment on the price of the 116520 because of the new Daytona-C. If anything I believe the demand will be high on the older watch as many collectors will want to add an example into the collection. I would buy now, wear and enjoy the watch and in the end you will either make a little or lose a little but all will be good.

[fskywalker]

I think used prices will drop several hundred dollars between now and the anticipated release of the DaytonaC as people look to free cash to pay for their ordered ones. After that probably prices will stabilize and eventually go up again, but not above current prices.

[xjeeunitx]

I would recommend to carefully analyze the prices from now and until the release of the new Daytonas. I wouldn't be surprised if the price temporarily and significantly drops right around the time the new models actually hit the shelves. There will be a lot flippers (can't help themselves) that will get rid of their current to get the latest and the greatest.

[seand442]

Kinda like the stock market. By the time you realize, it will be headed back up.

[JP Chestnut]

Originally Posted by xjeeunitx

I would recommend to carefully analyze the prices from now and until the release of the new Daytonas. I wouldn't be surprised if the price temporarily and significantly drops right around the time the new models actually hit the shelves. There will be a lot flippers (can't help themselves) that will get rid of their current to get the latest and the greatest.

You absolutely have to differentiate between used watches and BNIB versions. I expect used watches will go down and then stabilize, while BNIB versions will stay flat and then launch into the stratosphere - just like every desirable discontinued reference.

[red1108nyc]

Originally Posted by AS1

how on earth is anyone supposed to know that

So true... if we were all good fortune tellers, let's just call the lottery numbers tomorrow night

[Ruud Van Driver]

Originally Posted by Mick P

Chaps

Up until now I never had any interest in owning a Daytone but the ceramic ss model is giving me serious thoughts about buying one.

The ceramic model is distinctive and it strangely enough can appeal to those who want the latest model/look and those who like a vintage look. This model is an above average winner.

The 116520 is just an ordinary Daytona and I can see newbies like me going straight in to the ceramic model and current 116520 owners flipping them just to have the latest toy.

The 116520 is up at the top of its price band and that is just not substainable and I can see it dropping in price because it has lost some of its sex appeal thanks to the young and alluring ceramic model.

Therefore I see a steady drop in price of about 10%-15% before it levels out and then aquires the usual classic status and starts to keep up with inflation.

I still prefer my stategy of never selling a watch, thus the future value is totally irrelevant.

Regards

Mick

The only difference I can see is that SS Daytonas might be easier to come by because people on the 'waiting lists' could be more likely to pass and await the ceramic instead.

As for a steady drop in SS Daytona prices of 10 to 15%? Dream on

[josephvman]

If the plan is to buy NIB either from an AD or grey, today is as cheap as you will ever find one. They are only NIB once, and buyers will pay more and more as the availability dwindles.

[sea-dweller]

Correct, nobody will know until afterward, as that is when you realize the prices have gone back up.

Originally Posted by red1108nyc

So true... if we were all good fortune tellers, let's just call the lottery numbers tomorrow night

[carnut335]

Originally Posted by Mick P

Chaps

Up until now I never had any interest in owning a Daytone but the ceramic ss model is giving me serious thoughts about buying one.

The ceramic model is distinctive and it strangely enough can appeal to those who want the latest model/look and those who like a vintage look. This model is an above average winner.

The 116520 is just an ordinary Daytona and I can see newbies like me going straight in to the ceramic model and current 116520 owners flipping them just to have the latest toy.

The 116520 is up at the top of its price band and that is just not substainable and I can see it dropping in price because it has lost some of its sex appeal thanks to the young and alluring ceramic model.

Therefore I see a steady drop in price of about 10%-15% before it levels out and then aquires the usual classic status and starts to keep up with inflation.

I still prefer my stategy of never selling a watch, thus the future value is totally irrelevant.

Regards

Mick

I am not sure about this theory, and the reason is the supply of the 116500. I think people assume that the 116500 will be somewhat readily available for new collectors to purchase and older collectors to flip to, thus creating a surplus of 116500s in the market, and driving the price down.

I have a different view. I suspect the 116520 will be impossible to get - for years. Similar to the BLNR - which has been on the market for three years now, and only now are they starting to show up in ADs for sale (as opposed to being allocated already). I was lucky enough to purchase my BLNR from an AD in November 2013, and paid just under $9K - this was list price, and there was no discount. In the past two years, the retail price increased by $1K.

Now, what impact did this have on the 116710LN? Retail price on that watch when the BLNR was released was around $8K. The price today? Retail is $8500, and you can find them on the grey market for maybe 10-12% off. Did demand decrease for the LN? Absolutely, and the slight price difference reflects that. Of course, if you bought your LN a couple years before the BLNR came out, you can probably sell it for roughly what you paid for it at full retail.

I'm thinking that by the time I actually get the 116520, it will have been in the market for at least a couple years, and will likely retail for $13,000 - $13,500. At that price point, do you think that the 116500 can't sustain the $10,500 price that it commands on the used market today? Especially if the 116520 is nearly impossible to get?

I think the price drop is a bit optimistic, and it will continue to be a $10K watch for some time - and then slowly increase as the 116520 price continues to increase.

All of that aside, buy what you love, when you love it, and you will never go wrong!