Daytona 116500 dropping in price

[buknoy]

Originally Posted by TheWatchmen

Exactly.

Another one for you but sold at auction bnib july date



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[buknoy]

Originally Posted by nick800

Show me an unworn full set for 31k.

Another one for you but sold at auction july 2023 date bnib. Fresher than fresh



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[SS Oyster]

Originally Posted by Sunstreaker

The hype is definitely over thankfully. There are tons of 116500s available for sale in the market. They were never a rare watch.

If not rare, then why so hard to get at MSRP from the AD?


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[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 The 31 series was considered “outdated” by many for years with its rotor design and power reserve.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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[Sunstreaker]

Originally Posted by SS Oyster

If not rare, then why so hard to get at MSRP from the AD?


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The SS Daytona is not a rare watch. ADs are (generally) not honest about their inventory. There are some good and some bad. They will save SS Daytona's as tokens of appreciation to give to their best clients, but make no mistake - they have them.

[Kinnakeet]

Originally Posted by Sunstreaker

The SS Daytona is not a rare watch. ADs are (generally) not honest about their inventory. There are some good and some bad. They will save SS Daytona's as tokens of appreciation to give to their best clients, but make no mistake - they have them.

Only rare at MSRP. My husband once was in a meeting where he was one of three wearing a SS Daytona. I see one almost every time at the mall in Florida. Not so much in Toronto.

[Sunstreaker]

Originally Posted by Kinnakeet

Only rare at MSRP. My husband once was in a meeting where he was one of three wearing a SS Daytona. I see one almost every time at the mall in Florida. Not so much in Toronto.

Exactly right, they are everywhere, especially in high net worth cities in areas like FL, CA, etc. I have seen many in Toronto. They are definitely not rare if the AD considers you a preferred client. If you just walk in from the street asking for one, then yes, they are rare.

[AJMarcus]

Originally Posted by Sunstreaker

The SS Daytona is not a rare watch. ADs are (generally) not honest about their inventory. There are some good and some bad. They will save SS Daytona's as tokens of appreciation to give to their best clients, but make no mistake - they have them.

Agree. I never met an AD worth his weight in salt that did not keep at least one even two in the safe.

[TheWatchmen]

Originally Posted by buknoy

Another one for you but sold at auction july 2023 date bnib. Fresher than fresh



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I’m glad you’re winning. I’m also glad that one of my watches holds monetary value.

[buknoy]

Originally Posted by TheWatchmen

I’m glad you’re winning. I’m also glad that one of my watches holds monetary value.

Speaking of winning sold my black ss during its peak and now thinking of getting panda since i will pocket some cash at 30k panda. win win win

[TheWatchmen]

Originally Posted by buknoy

Speaking of winning sold my black ss during its peak and now thinking of getting panda since i will pocket some cash at 30k panda. win win win

Sounds good bud. Sorry about your small p*nus.

[jb335]

Originally Posted by Sunstreaker

Exactly right, they are everywhere, especially in high net worth cities in areas like FL, CA, etc. I have seen many in Toronto. They are definitely not rare if the AD considers you a preferred client. If you just walk in from the street asking for one, then yes, they are rare.

116500 white dials are not everywhere.

I live in LA and am in the Rodeo area almost daily. In 7 years I have only seen two 500 white dials. I see far more Nautilus and even RM. I see a modern Nautilus almost everyday I walk around Beverly Hills. Not a 116500 white dial. Just saying.


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[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.

[j.mo]

Originally Posted by jb335

116500 white dials are not everywhere.

I live in LA and am in the Rodeo area almost daily. In 7 years I have only seen two 500 white dials. I see far more Nautilus and even RM. I see a modern Nautilus almost everyday I walk around Beverly Hills. Not a 116500 white dial. Just saying.


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I was in Nashville last week, and there were 8 people wearing them in one restaurant at dinner, wym lol


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[buknoy]

Originally Posted by TheWatchmen

Sounds good bud. Sorry about your small p*nus.

No worries. All good ad hominem is your best reply


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[Roddypeepa]

Originally Posted by SS Oyster

If not rare, then why so hard to get at MSRP from the AD?


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The “list” at any AD is as long as your arm. People as rule never turn down a stainless Daytona. So let’s say they get 6 a year and the list is 200 people. If you’re not preferred you’re never seeing one. It sucks but they are hyped because they are rare. And nobody will ever turn down a while steel Daytona at retail because, well resale.


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[buknoy]

Originally Posted by East of Eden

And I think that trend will continue, contrary to the post I was responding to.

One of the changes of the new Sub is a problematic movement, not that it’s stopping most from paying more for it than the old one as you say. I just don’t see the 114060 selling for less in 10 years, or the Daytona in question here

Like i said inflation. Nonpopular watch sells in the future for more regardless. Its like telling me new phones will go up in prices which is to be expected


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[Beto737]

I don’t care whether the secondary market is up or down. I’ve yet to purchase a piece for the sole purpose of turning a monetary profit.

It’ll be a glorious day when I can get a green Sub, new green Skydewller, or a Daytona under retail! I’d call that a win for the true collectors out there.

[ArtNouveau]

Originally Posted by SS Oyster

If not rare, then why so hard to get at MSRP from the AD?


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The year I got my black dial 116500 after a nine month wait, I was told that the Boutique would receive 30, 15 of each color. My dealer does have lists of sorts. I’m not naive enough to believe they’re strictly in chronological order, but if they say you’re on the list you will get the watch.
My longtime SA says the lists are limited to as many clients they believe they can supply within a two year wait, no longer. When I first mentioned wanting a SS Daytona he said the list is closed. 14 months later he said he could add me, black dial would be “within a year,” a white dial more likely “18-24 months” due to more people on that list. I wanted black so got the shorter wait.
All dealers are not created equal, at least under RolexUSA, so the numbers of Daytonas they receive will vary, but I believe all ADs in good standing are getting and delivering them.

[Mathematoxic]

When there are so many for sale from grey dealers, what do you think? However it’s hard to define rare. I don’t think it’s rare, it’s just intentionally made hard to obtain at msrp by ADs. SS Daytonas will most likely always trade above msrp but by how much is another story.

[Beto737]

I hope the market gets over flooded with all the desirable pieces! I’ll be like a kid in candy store!

A person like me can try different flavors and not spend an arm and a leg each time? What’s not yo like?

[Sunstreaker]

Originally Posted by jb335

116500 white dials are not everywhere.

I live in LA and am in the Rodeo area almost daily. In 7 years I have only seen two 500 white dials. I see far more Nautilus and even RM. I see a modern Nautilus almost everyday I walk around Beverly Hills. Not a 116500 white dial. Just saying.


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Every single one of those people that you see wearing an RM or a Nautilus has a white dial (and probably a black one too) SS Daytona.

They are simply not wearing it when you see them on Rodeo Drive bc quite frankly it's like driving a Honda to Rodeo drive - not quite prestigious (or rare) enough.

[NYG1121]

Originally Posted by Sunstreaker

Every single one of those people that you see wearing an RM or a Nautilus has a white dial (and probably a black one too) SS Daytona.

They are simply not wearing it when you see them on Rodeo Drive bc quite frankly it's like driving a Honda to Rodeo drive - not quite prestigious (or rare) enough.

exactly right. I was going to say something similar. That is because the SS daytona is the daily beater watch.

[jb335]

Originally Posted by Sunstreaker

Every single one of those people that you see wearing an RM or a Nautilus has a white dial (and probably a black one too) SS Daytona.

They are simply not wearing it when you see them on Rodeo Drive bc quite frankly it's like driving a Honda to Rodeo drive - not quite prestigious (or rare) enough.

That doesn’t make any sense. If I see far more Nautilus than white dial Daytonas then why are these people that are so concerned with being seen in a common watch wearing the more common watch?


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[Mystro]

This is getting ridiculous. The SS Daytona has not sat in a display case for almost 2 decades now long before any Rolex hype. You can get a hell of a deal on a supercar at a police auction too but that doesn’t exactly represent its true market value to its demographic buyer.

[massabee]

The white dial one dipped below 30K towards end of last year, no longer it seems.

[SS Oyster]

Originally Posted by Mystro

This is getting ridiculous. The SS Daytona has not sat in a display case for almost 2 decades now long before any Rolex hype.

I thought the same when reading someone post that, but then realized they might be talking about a Grey Market Dealer’s case.

I love my 116500s … would never part with them. Luckily I got them both from AD.







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[faz]

Originally Posted by fskywalker

Anything over MSRP is too much IMHO, YMMV


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I got my BLNR from DavidSW back in 2016, over MSRP. I am happy with that purchase.

I would buy a Daytona white or black at 20% over MSRP today gladly (and I will sign/commit to never selling it ever!)


On the same note:

I will never buy any Omega at MSRP, if it isn't at least 20-30% below MSRP I will walk away from it. Same with Zenith, IWC, Panerai, and a few other similarly priced brands.

MSRP is just a suggestion/starting point. The actual value is dictated by desirability and availability.

[TheWatchmen]

Why does everyone always feel compelled to make it known whether they bought a watch from an authorized dealer?

Serious question.

[SS Oyster]

Originally Posted by faz

MSRP is just a suggestion/starting point. The actual value is dictated by desirability and availability.

Actual value is what people are willing to pay for it, in other words, “market value”, which for some watches is over and others below MSRP / RRP. Buyer diligence is required to determine what a watch is worth to you.


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