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ROLEXROLEXROLEXROLEXROLEXROLEX
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#61 |
Banned
Join Date: May 2007
Location: Los Angeles
Posts: 801
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"Its the economy, stupid"!!!!!!!!!!!!
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#62 |
"TRF" Member
Join Date: Jul 2007
Real Name: Gary
Location: GMT-6
Watch: GMT
Posts: 3,350
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x2.
__________________
Omega Seamaster 300M GMT Noire Omega Seamaster Aqua Terra 8500 Benson 1937 Sterling Silver Hunter |
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#63 |
"TRF" Member
Join Date: Mar 2009
Location: USA
Watch: GMT-Master II
Posts: 3,418
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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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#64 |
"TRF" Member
Join Date: May 2008
Location: spain
Posts: 386
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I´m glad you like it
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#65 |
Banned
Join Date: Jul 2009
Location: fort wayne IN
Watch: Patek 1909003
Posts: 2,176
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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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#66 |
Member
Join Date: Jun 2007
Real Name: fernando
Location: barcelona
Watch: sea dweller
Posts: 285
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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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#67 |
"TRF" Member
Join Date: Apr 2008
Location: Cheshire, UK
Watch: Sea-Dweller
Posts: 1,125
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Thanks for your intelligent input.
__________________
Current - DSJC 136660 - Sea-Dweller 126600 |
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#68 |
"TRF" Member
Join Date: Apr 2008
Real Name: Brian
Location: Republic of Texas
Posts: 2,776
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#69 |
Banned
Join Date: Jan 2008
Real Name: Anastasios
Location: Athens Greece
Watch: Rolex GMT 1675
Posts: 8,496
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#70 |
Banned
Join Date: May 2007
Location: Los Angeles
Posts: 801
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#71 |
Banned
Join Date: May 2007
Location: Los Angeles
Posts: 801
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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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#72 |
Member
Join Date: Jun 2007
Real Name: fernando
Location: barcelona
Watch: sea dweller
Posts: 285
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#73 | |
"TRF" Member
Join Date: Jul 2007
Location: Arizona
Watch: SS & TT Daytonas
Posts: 471
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Quote:
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. ![]()
__________________
Day-Date President, Champagne Dial SS Daytona Black Dial TT Daytona Slate Dial Omega Railmaster Tudor Submariner |
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#74 |
"TRF" Member
Join Date: Nov 2007
Location: france
Posts: 172
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#75 |
"TRF" Member
Join Date: Jun 2009
Real Name: David
Location: NYC
Watch: Rolex SS Sub Date
Posts: 181
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#76 |
"TRF" Member
Join Date: May 2009
Real Name: steve
Location: dallas area
Watch: 50's TT t-bird
Posts: 3,689
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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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#77 |
Banned
Join Date: Jan 2008
Real Name: Harold
Location: On The Far Right
Posts: 1,106
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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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#78 | |
Member
Join Date: May 2008
Real Name: Chris
Location: Nashville, TN
Posts: 575
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Quote:
Where I live Daytonas are still very rare "in the wild" and at our ADs. Demand here seems "normal" still. |
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#79 |
"TRF" Member
Join Date: Jun 2009
Real Name: David
Location: NYC
Watch: Rolex SS Sub Date
Posts: 181
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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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#80 |
"TRF" Member
Join Date: Feb 2009
Real Name: Junkyard Dog
Location: The Doghouse
Watch: I can't tell time
Posts: 6,842
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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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#81 | |
"TRF" Member
Join Date: Jul 2007
Location: Arizona
Watch: SS & TT Daytonas
Posts: 471
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Quote:
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Day-Date President, Champagne Dial SS Daytona Black Dial TT Daytona Slate Dial Omega Railmaster Tudor Submariner |
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#82 |
"TRF" Member
Join Date: Aug 2007
Location: Orlando, FL-Movin
Posts: 75
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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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#83 | |
2025 TitaniumYM Pledge Member
Join Date: Feb 2009
Location: Maryland, US
Watch: less
Posts: 4,199
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Quote:
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#84 |
"TRF" Member
Join Date: Apr 2009
Location: London, UK
Watch: Sea Dweller 16600
Posts: 163
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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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#85 |
"TRF" Member
Join Date: Jan 2009
Location: Earth
Watch: must be rolex
Posts: 630
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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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#86 |
2025 TitaniumYM Pledge Member
Join Date: Feb 2007
Location: Japan
Watch: ing your back.
Posts: 16,214
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I don't know... I like them!
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#87 |
Facilitator
Join Date: Nov 2005
Real Name: Steve
Location: Omnipresent
Posts: 33,698
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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. ![]()
__________________
Most folks are about as happy as they make up their minds to be. ~Abraham Lincoln Nothing compares to the simple pleasure of a bike ride. ~John F. Kennedy ROLEXploitation - yeah I'm a victim ![]() |
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#88 | ||
"TRF" Member
Join Date: Jun 2008
Location: Tejas
Watch: your step
Posts: 2,806
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Quote:
Quote:
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. ![]()
__________________
116520 white; 16613 black; 116710; 16570 polar; 16600. AP 15400; 15703. Blancpain Fifty Fathoms. Glashutte Sport Evo GMT. Omega Planet Ocean 2907.50.91; Planet Ocean Liquidmetal LE 222.30.42.20.01.001; Seamaster 2255.80.00. Breitling Crosswind, white. Panerai PAM 005. VC Overseas Chrono, black. |
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#89 |
Member
Join Date: Jun 2007
Real Name: fernando
Location: barcelona
Watch: sea dweller
Posts: 285
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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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#90 |
Banned
Join Date: Jul 2009
Location: fort wayne IN
Watch: Patek 1909003
Posts: 2,176
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shilvary isn't dead, just got this one today.
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