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Old 23 August 2009, 08:48 AM   #61
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"Its the economy, stupid"!!!!!!!!!!!!
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Old 23 August 2009, 08:51 AM   #62
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maybe its not the must have watch anymore, i must admit i have never understood the hype and price for a stainless steel watch
x2.
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Old 23 August 2009, 09:24 AM   #63
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The Daytona has been the iconic watch for Rolex enthusiasts for a long time.
The last 2 price increases took the flippers out of the equation. At present, you can buy the watch at an AD for less than through a third party. The V series has an upgrade to the clasp and can purchased with a Rolex warranty in your name for under USD $10K, instead of an older series from a third party for several thousand USD $ more. If you want this watch, now is the time to buy one. If you do not like it, do not buy one. For many, it remains the most sought after "grail" watch. I personally do not think the Daytona has "had it's day".
A down economy produces buying opportunities for consumers with the means to participate including real estate, cars, equities and watches. If you have the financial means, it is a buyers market.
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Old 23 August 2009, 10:01 AM   #64
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Javier... Outstanding photos on your blog!
I´m glad you like it
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Old 23 August 2009, 10:03 AM   #65
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Well i'm gobbling all i can in this market, i'm headed to chicago monday to the AD to pick up my SS daytona blackdial , can't wait to see it.
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Old 23 August 2009, 06:58 PM   #66
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hey anastasios, there are the tudors chrono I like more than a modern daytona, in my way are ferraris, this watches, and a daytona I really like

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I can not tell you
Ask JL
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Old 23 August 2009, 07:07 PM   #67
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"Its the economy, stupid"!!!!!!!!!!!!
Thanks for your intelligent input.
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Old 24 August 2009, 01:21 AM   #68
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I never really liked them cause they dont have a date feature.That and its full of features I never used
Agreed.
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Old 24 August 2009, 01:23 AM   #69
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hey anastasios, there are the tudors chrono I like more than a modern daytona, in my way are ferraris, this watches, and a daytona I really like
Excellent collection Fernando..
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Old 24 August 2009, 01:59 AM   #70
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Thanks for your intelligent input.
And thank you for your ridiculous premise while completely ignoring what's going on in the world.
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Old 24 August 2009, 02:03 AM   #71
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Thanks for your intelligent input.
Just a little history lesson as well. My original quote "its the economy stupid" was a phrase used by Bill Clinton's political campaign against George Bush in his run for the Presidency. My comment seemed apropos based on your premise.
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Old 24 August 2009, 02:27 AM   #72
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Excellent collection Fernando..
are not MY watches !!! these are the watches I WOULD like to have
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Old 24 August 2009, 02:46 AM   #73
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IMO, NO, it's the economy!! Supply is still limited, demand has lessened increasing availability somewhat because $$$ are tight. It's unique, it's the only Chronograph that Rolex makes.
Yeah no kidding.

Hey guys.... do you think the world doesn't like Porsches any longer? They're having to discount them heavily with 1.9% financing. The days of Porsche are over.

Seriously though, it is a horrible economy and a lot of the potential buyers are out of the market as far as $10k watches go. All Daytonas are $10k + now, there is no cheap version of it like there is for Submariner or DJ.

Economy, economy, economy.
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Old 24 August 2009, 08:32 AM   #74
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daytonas' had its day?
too bad , too late , why didn't you tell me that last two years ago ?

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Old 24 August 2009, 08:36 AM   #75
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daytonas' had its day?
too bad , too late , why didn't you tell me that last two years ago ?

that's a sweet daytona!!!
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Old 24 August 2009, 09:48 AM   #76
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economy

The watch has been in such demand that any drop in interest seems more significant. I'm not a big stop watch fan, but I do like the Daytona-- maybe not $10,000 worth.

The economy is so bad that many Rolexes look to be 20% down on the used market. A 20% drop for some Daytonas would be dramatic, and I don't think I've seen that, yet. At the same time, many more people can afford a $2,000to $4,000 purchase than can handle 10-grand. Don't expect to see a very active market for such a high priced watch.

If the economy doesn't start improving, someone will start discounting Daytonas.
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Old 24 August 2009, 10:59 AM   #77
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Nice looking watch, but never a fan. would not pay that much money for a watch with no date
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Old 24 August 2009, 11:03 AM   #78
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The watch has been in such demand that any drop in interest seems more significant. I'm not a big stop watch fan, but I do like the Daytona-- maybe not $10,000 worth.

The economy is so bad that many Rolexes look to be 20% down on the used market. A 20% drop for some Daytonas would be dramatic, and I don't think I've seen that, yet. At the same time, many more people can afford a $2,000to $4,000 purchase than can handle 10-grand. Don't expect to see a very active market for such a high priced watch.

If the economy doesn't start improving, someone will start discounting Daytonas.
Most cogent reply I've seen in this thread. I agree 100%.

Where I live Daytonas are still very rare "in the wild" and at our ADs. Demand here seems "normal" still.
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Old 24 August 2009, 11:06 AM   #79
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Nice looking watch, but never a fan. would not pay that much money for a watch with no date
i've never understood this thought. a watch is supposed to tell time. anything else is an extra feature. this particular model is aimed at speed. a date on this watch would clutter the dial imo. if i have on my daytona and REALLY don't know what date it is. i look at one of the other five things around me that have the day date on it.
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Old 24 August 2009, 11:36 AM   #80
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Many people were attracted to the SS Daytona based on the exclusivity factor of the watch rather than the aesthetic or practical appeal.

Quite simply, many--informed and uninformed--got caught up in the hype and told themselves, "I have to have one" because "I can't have one."

Now that consumers can purchase the watch with relatively ease, no premiums, and even discounts, buyers simply don't want the watch as much as they did before. It's the nature of the game.

Will it recover with an improvement in the economy? Sure it will to an extent. But recapturing that "limited" feel of the SS Daytona that drove demand/price in the first place will be difficult--in my opinion, impossible.
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Old 24 August 2009, 11:58 AM   #81
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Many people were attracted to the SS Daytona based on the exclusivity factor of the watch rather than the aesthetic or practical appeal.

Quite simply, many--informed and uninformed--got caught up in the hype and told themselves, "I have to have one" because "I can't have one."

Now that consumers can purchase the watch with relatively ease, no premiums, and even discounts, buyers simply don't want the watch as much as they did before. It's the nature of the game.

Will it recover with an improvement in the economy? Sure it will to an extent. But recapturing that "limited" feel of the SS Daytona that drove demand/price in the first place will be difficult--in my opinion, impossible.
hmm I don't know about that. Not many people who cannot really afford a $10,000 watch are going to be getting one anyway. American consumers are bad with credit/debt, but this is quite a stretch. Would be somewhat odd to buy a watch that may cost as much as what your car is worth, for example. I just don't see people reaching beyond their means for such an unnecessary luxury good like this.
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Old 24 August 2009, 12:12 PM   #82
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I must say it's a good looking watch. For quite a while, I wanted one. I held one in my hands at an AD and thought about it but decided I probably wanted it more for the fact that I knew it was so difficult to get. I think the economy has more to do with the demand dropping than anything. From what I've seen, the market is soft for all consumer goods. There are probably still as many people who covet a SS Daytona, but they're just not as liquid, as they were. Or, they just don't have the confidence to drop ~$10k on anything right now.
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Old 24 August 2009, 12:43 PM   #83
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i must say it's a good looking watch. For quite a while, i wanted one. I held one in my hands at an ad and thought about it but decided i probably wanted it more for the fact that i knew it was so difficult to get. I think the economy has more to do with the demand dropping than anything. From what i've seen, the market is soft for all consumer goods. There are probably still as many people who covet a ss daytona, but they're just not as liquid, as they were. Or, they just don't have the confidence to drop ~$10k on anything right now.
x2!
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Old 24 August 2009, 04:19 PM   #84
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I am into dive watches only - but the Daytona is a good looking watch, so when I went to collect my Sea Dweller, my AD offered me one at the retail price - no discount - I bought it.

Going to sell it to fund my SDDS.
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Old 24 August 2009, 05:03 PM   #85
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well for me i already lost it am just being honest.. i fell out of love with my daytona..and i think personally that its not as hot as before..everywhere i go there is daytona..i let go of it already..maybe il wait for something(rolex look/newer model) that would tickle my fancy again..in the meantime am romancing with my GMT2 ceramic.
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Old 24 August 2009, 05:19 PM   #86
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I don't know... I like them!


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Old 24 August 2009, 08:01 PM   #87
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I telephoned the local AD today:

Me: Hello, can I please buy a stainless steel Daytona?
AD: No.
Me: Can I please have a discount on a Daytona?
AD: NO!
Me: So you are not able to sell me a Daytona at all?
AD: That's right!
Me: O.K.

The Daytona is just a marketing tool by AD's to make these watches desirable.
They have outlived their attractiveness. Unfortunately styles and fashions move on.
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Old 25 August 2009, 05:52 AM   #88
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Many people were attracted to the SS Daytona based on the exclusivity factor of the watch rather than the aesthetic or practical appeal.

Quite simply, many--informed and uninformed--got caught up in the hype and told themselves, "I have to have one" because "I can't have one."
I'm sorry, but this is nothing more than pure conjecture. You can't possibly know the motivations of "many" of the people who purchased this watch. I bought mine because I think that it's the nicest looking sports watch they make, and judging by the enthusiasm of owners on here, so did "most' of us.

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Now that consumers can purchase the watch with relatively ease, no premiums, and even discounts, buyers simply don't want the watch as much as they did before. It's the nature of the game.
You keep tossing this "widely available" and "at discount" stuff out there as though it's an established fact, and again, I beg to differ. DavidSW et al will throw a BNIB one on the FS forum, and normally it's snapped up within days, at list price or a few hundred dollars below it--a far cry from the $1000 plus discounts they give on the other SS models they sell, a discount which constitutes a much higher percentage of the lower-priced models in question.

So, riddle me this: if the watch has suddenly become "commonplace" and "easy to get at a discount", then why are they being snapped up here at a 2% discount, when for example in the FS forum the typical selling price for a BNIB SS Sub is more like 20% plus off?

Why are swissluxury.com and alanfurman.com still selling them for $1000 over MSRP if they're so easy to get, when they sell SS Subs at 17.5% off MSRP, and the SS GMT IIc at 12% off?

Why is it that none of the ADs in my area have any SS Daytonas in stock?

Further, even in the middle of the biggest economic downturn in well over 50 years, which in case you haven't noticed has had a detrimental effect upon the sale of *all* things luxury, used they are selling at 85-90+% of current MSRP, and this includes older models which sold at the lower MSRP, i.e. they're being sold at a profit. This cannot be said of ANY other recently-made SS (or TT, or 18K) model Rolex. Sub dates, listing out at $6000, sell used in the low to mid $4K range, nearly 30% off of MSRP, yet I've seen *one* SS Daytona selling for this level of discount, and that was lacking box/papers and was snapped up within hours.

Reports of the death of the Daytona are *greatly* exaggerated. If you don't like the watch, that's fine, but it's kind of getting tiresome to see you peeing on our collective birthday cakes every chance you get.
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Old 25 August 2009, 05:56 AM   #89
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The people who has a daytona always are wrong when writes the date in a banker's draft
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Old 25 August 2009, 06:00 AM   #90
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shilvary isn't dead, just got this one today.
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