Ceramic Daytona Premium - My Perspective

[DJRikki]

Sounds a lot like the Porsche Cayman GT4 scenario to me with used prices (Like New) shooting far past RRP. If you want it and dont mind the price pay it thats what I say,

[904VT]

Originally Posted by schnitzerphilip

Great narrative. I agree wholeheartedly. I went grey, didn't look back. Two things:

Your math is wrong, in your example the delta is $3000. Love the jubilee bracelet...can you share the model number and where you got it?

The OP probably added the $1100 tax estimate on top of the $16.5k so called median, because technically taxes are due in most states, even if not always in practice.

Congrats OP! IMO still a great value at a premium compared to what you typically pay for a comparable quality Chrono and in-house. Blancpain, AP, VC etc. don't give as much value IMO $12.4k is serverly underpriced in current market.

[Speed]

No need to justify. If you want it...you'll pay the going rate to have it now vs the waiting game

[123Blueface]

No need to justify your actions relative to how you choose to spend your money.
Paying over retail due to a frenzy is just not my thing.
Yeah, life is short but while it is in fact a beautiful watch, there are very many, many others that can suit me just as well.
Wear it in good health.

[Amex4711]

Originally Posted by regnant

Congratulations, it's nice to see you like your watch, you may or not pay premium over any product as it's your money. If there is no buyers remorse that is what counts the most

100% agree
and it looks fantastic on you chadri

[watchwatcher]

Yeah...there's no way I'm waiting 4 years for anything, much less a watch.

Great looking watch.

[Vipes]

I agree with you. I don't judge anyone if they pay a premium to get one. Looks good on you and enjoy it to the fullest!

[ap1]

Makes sense to me. I'm getting jerked around by my AD. Haven't paid up yet not so much for price but more as I like the papers / stickers newness etc. makes no sense I know but either does the hobby.

[AS1]

When people buy a piece that is readily available from an AD, costing more than a Trusted Seller, isn't that paying a premium of sorts?

I absolutely support buying from ADs, I like supporting local businesses, local employment and preserving the retail experience. For readily available pieces, more often than not I expect it costs more than a Trusted Seller.

Many (not all) people who got Daytona Cs from ADs because they are important clients have spent a lot at those ADs over the years. The delta of what they have paid to become important clients probably far exceeds the premium getting a single Daytona C from a Trusted Seller.

The point being that it's not as simple as just looking at the grey market premium in isolation. People getting these pieces from ADs may have spent plenty in years gone buy to get them to the top of these lists.

Both avenues are totally fine in my book, what matters is what works for you!

[Chiboy]

I think the ceramic Daytonas are gorgeous. After discovering TRF, it got me so wound up about it, that I bought a different one when my patience ran out. No regrets whatsoever.

IMO, the Daytona at $12.4k is a fabulous watch. Enjoy yours!!!!

[coralfarmer84]

My personal opinion is the demand/wait is partially self created by the AD/grey dealer relationship. Who do you think these grey dealers are? They are the VIP's of some AD's. As in they buy a LOT of watches from them. All rolexs have to originate from Rolex so they all come from an AD or boutique. So if Steve the grey dealer has bought 30 rolexs in the last year you can bet your bottom dollar he's the one at the top of his AD's wait list and probably holding the first 3-5 spots himself. This creates even more demand and wait list and everyone selling the watch comes out on top. At the end of the day Rolex, the AD, and the grey are all getting the premium they want, so it benefits all of them just the same. Just my .02

[S329]

this phenomena is nothing new. people have been and will continue to pay over list prices for as long as watches are being produced. Heck it was the same frenzy with the SS Daytonas when they first came out and now they can be had at list prices. the only differentiating factor is how an individual values his time, money and opportunity cost...etc. that's where I draw the line, its nobody's business to tell another individual how to spend his own money (unless you're getting paid for it)

[Chadridv]

Originally Posted by Chadridv

Most people are paying secondary market on the LN $16k-18k. Since I paid $15k, let's split the difference and hypothetically discuss this based on a purchase price of $16.5k.

Originally Posted by schnitzerphilip

Great narrative. I agree wholeheartedly. I went grey, didn't look back. Two things:

Your math is wrong, in your example the delta is $3000. Love the jubilee bracelet...can you share the model number and where you got it?

Thanks for the comments! Yeah see above and below. I was basing my math on a hypothetical number, not my actual purchase price.

Originally Posted by 904VT

The OP probably added the $1100 tax estimate on top of the $16.5k so called median, because technically taxes are due in most states, even if not always in practice.

Congrats OP! IMO still a great value at a premium compared to what you typically pay for a comparable quality Chrono and in-house. Blancpain, AP, VC etc. don't give as much value IMO $12.4k is serverly underpriced in current market.

Thanks! Yeah, that's more like it with the math. Average price $16.5k, out the door AD MSRP Price w/tax $13.5k. Premium is $3k, divided by 4 years + $750 per year.

[Chadridv]

Originally Posted by zoenoadad

I was one of the lucky ones to get mine at MSRP, but had that not been the case I would have picked it up on the grey market. Just love it.

Any chance you could post some more pics on the Everest band? I'm considering picking up a RubberB or Everest to add some options for mine. The ones you've posted look great, but love to see even more angles!

Thanks very much! Just post this yesterday, but will add more photos soon.
https://www.instagram.com/p/BUfpyyzF...oldcasewatches

[Chadridv]

Originally Posted by rossi46

It's weird to read that people wouldn't pay premium for a BNIB DaytonaC, yet the prices paid for vintage Rolexes (by any stretch) absolutely include a premium!

Great point about vintage!

Originally Posted by Cru Jones

I cannot get over how good it looks on the SJ!

LVc plus black DaytonaC would be my "achievable" dream duo. Love it.

As for the rest, it's only money. The first time you put it on, it's expensive. Afterwards? It's free. :-)

Thanks for the kind words! The different bracelet options has made the daytona invaluable to me!. Great quote too ;)

Originally Posted by AS1

When people buy a piece that is readily available from an AD, costing more than a Trusted Seller, isn't that paying a premium of sorts?

I absolutely support buying from ADs, I like supporting local businesses, local employment and preserving the retail experience. For readily available pieces, more often than not I expect it costs more than a Trusted Seller.

Many (not all) people who got Daytona Cs from ADs because they are important clients have spent a lot at those ADs over the years. The delta of what they have paid to become important clients probably far exceeds the premium getting a single Daytona C from a Trusted Seller.

The point being that it's not as simple as just looking at the grey market premium in isolation. People getting these pieces from ADs may have spent plenty in years gone buy to get them to the top of these lists.

Both avenues are totally fine in my book, what matters is what works for you!

A lot of really solid points here! To sum up, yes I lost out on a few thousand dollars by not going through an AD, which is another way of saying I don't have a VIP status at any AD. However I probably saved that few thousand dollars in just 1 purchase from a trusted seller in my past. Unfortunately AND fortunately there have been many more than just one!

[AS1]

Originally Posted by Chadridv

Unfortunately AND fortunately there have been many more than just one!

Ha, I hear you!

[sea-dweller]

Nice photos and perspective!

[dr35mm]

Great shots and great watch.

Premium is worth it or not depending on how bad you want it. Everything in life comes with a price.

[Chadridv]

Originally Posted by dr35mm

Great shots and great watch.

Premium is worth it or not depending on how bad you want it. Everything in life comes with a price.

Truth.

[Calatrava r]

Originally Posted by rossi46

It's weird to read that people wouldn't pay premium for a BNIB DaytonaC, yet the prices paid for vintage Rolexes (by any stretch) absolutely include a premium!

any more vintage watches so real scarcity figures into that equation. The scarcity of new Daytonas is contrived by Rolex to foster interest in the company and the hope people will buy some other Rolex while they wait. The Daytona C, especially the black dial, market is softening on the markups from what the grey market folks tell me.

[Mezz72]

i really like the daytona C as well. But with current prices close to the prices of these 2 classics combined, i just couldn't bring myself to do it....




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[Chiboy]

Sorry, I was distracted when I posted earlier about the Daytona being a great watch for $12.4k. I think it is a fabulous watch, period. There is no watch I would prefer to buy new for $15k-$16k either.

And (SS) Daytonas seem to have almost always been hard to find at an AD from what I have been reading. So I am not sure that the folks who think they are going to buy a new one for a discount from an AD in the future are going to be able to achieve that. Besides for the anticipated price increases between now and then.

Enjoy your watch. It's a great one!

[GB-man]

Originally Posted by tkerrmd

Nice watch for sure, glad you got it!!

Love the new avatar doc!!!


I think 15k is fair if you really want it. Life is short. Odds are if you hold it for two years you'll lose less than you would on a well cared for NiB 15400.

[1st amg]

Chad, your watch looks amazing in all three style of bracelet versions...especially that super jubilee, looks stunning!

[AJM914]

Love your perspective of buy it and enjoy it now!

[AK797]

Now all the VIP lists are done, if you are facing the reality of paying an extra 3k or waiting 2/3 years, it's a pretty easy decision to make unless funds are very limited or you think you'll live forever. The argument against last year held more water when there was the possibility that this would start trading back down at close to retail but that hardly seems likely now, and so it is now just like any other popular ss, you buy it and can sell it for a 5-10% loss as usual.

[locutus49]

Great watch, and you pay money for time. Worth it in my books.

[AshAP]

Originally Posted by AS1

Many (not all) people who got Daytona Cs from ADs because they are important clients have spent a lot at those ADs over the years. The delta of what they have paid to become important clients probably far exceeds the premium getting a single Daytona C from a Trusted Seller.

The point being that it's not as simple as just looking at the grey market premium in isolation. People getting these pieces from ADs may have spent plenty in years gone buy to get them to the top of these lists!

Exactly, my AD that I have a relationship with no longer sell Rolex and the new Rolex boutique that I haven't yet bought from quoted me 50 years for the new Daytona.

I don't want the watch for myself but the Daytona is my wife's favourite watch so I have thought about it and I bought her a brand new, her name on the papers, white dial from a grey dealer. It cost a whopping £16,000 but it means that she gets to wear it now while it's still a very rare watch. I justified it in the end by realising that I was trying to get her to say yes to an AP lady Offshore that I wanted to get her. As the Rolex at premium price is less than the AP it was a quick decision in the end.



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[AS1]

Originally Posted by AshAP

Exactly, my AD that I have a relationship with no longer sell Rolex and the new Rolex boutique that I haven't yet bought from quoted me 50 years for the new Daytona.

I don't want the watch for myself but the Daytona is my wife's favourite watch so I have thought about it and I bought her a brand new, her name on the papers, white dial from a grey dealer. It cost a whopping £16,000 but it means that she gets to wear it now while it's still a very rare watch. I justified it in the end by realising that I was trying to get her to say yes to an AP lady Offshore that I wanted to get her. As the Rolex at premium price is less than the AP it was a quick decision in the end.



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you made 100% the right decision!!

[AshAP]

Originally Posted by AS1

you made 100% the right decision!!

Thanks!

Happy wife = Happy life


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