The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 8 February 2020, 07:00 AM   #1
Arcticsub
"TRF" Member
 
Join Date: Nov 2019
Location: Local group
Posts: 226
For the market price of a new ceramic Daytona

One can get the following new watches: (also for market prices)
  • JLC Reverso classic small seconds
  • Rolex Submariner 114060
  • Omega Speedmaster 1861 hesalite
  • And to round it all off a Zenith El Primero.
This would be a dream collection for any wis. You would have a watch for any occasion. In my opinion, nobody in their right mind would look at this collection and say "I would trade this all for a Daytona". I guess desire makes people irrational.
Arcticsub is offline   Reply With Quote
Old 8 February 2020, 07:15 AM   #2
djgallo
Banned
 
Join Date: Jul 2019
Location: Eastwest
Posts: 1,322
The only watch in your list that makes sense to own is the Rolex sub. IMO

All of the (others) are easy to get....for a reason....and they lose value over time...try to sell and recoup your money..hardly.

The Daytona is on a different level. Some understand and some don’t.....the ones that don’t... should wear something else...and stop bad rapping others that enjoy their Daytona.
djgallo is offline   Reply With Quote
Old 8 February 2020, 07:28 AM   #3
LooseCann0n
"TRF" Member
 
LooseCann0n's Avatar
 
Join Date: Jan 2019
Location: London, UK
Watch: Daytona,Pepsi,SD4K
Posts: 569
No thanks...




Sent from my iPhone using Tapatalk
LooseCann0n is offline   Reply With Quote
Old 8 February 2020, 07:33 AM   #4
2nastie
"TRF" Member
 
2nastie's Avatar
 
Join Date: Nov 2016
Location: YVR
Watch: Time Only
Posts: 2,332
Sure? But it isn't a Daytona now is it?

If a person wants a Daytona, then the goal is a Daytona.
2nastie is offline   Reply With Quote
Old 8 February 2020, 07:44 AM   #5
Wahlberg
"TRF" Member
 
Wahlberg's Avatar
 
Join Date: Nov 2011
Location: Paris
Posts: 3,579
Quote:
Originally Posted by djgallo View Post
and they lose value over time...try to sell and recoup your money..hardly.
And this is what ruined this hobby the last few years. Value and retention.

You buy a luxury item because you can and enjoy something. I understand the value proposition behind it, but that should be one of the last on the list.

Buy because you love it, else don't. Talking about value and all that takes the joy out of it.
Wahlberg is offline   Reply With Quote
Old 8 February 2020, 07:46 AM   #6
joli160
2024 SubLV41 Pledge Member
 
joli160's Avatar
 
Join Date: Apr 2013
Location: NL
Watch: Yachtmaster
Posts: 14,736
It's not about quantity, you can also buy 200 Seiko 5's which deserves it's own merits.

Keep the four, I'd pick the Daytona.
__________________
Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711.
joli160 is offline   Reply With Quote
Old 8 February 2020, 08:01 AM   #7
djgallo
Banned
 
Join Date: Jul 2019
Location: Eastwest
Posts: 1,322
Quote:
Originally Posted by Wahlberg View Post
And this is what ruined this hobby the last few years. Value and retention.

You buy a luxury item because you can and enjoy something. I understand the value proposition behind it, but that should be one of the last on the list.

Buy because you love it, else don't. Talking about value and all that takes the joy out of it.
You let what others do ruin the hobby for you...

Nothing wrong with people looking at resale value as part of their decision to make a luxury purchase, and that includes a watch purchase. You don’t like it...then don’t do it. I look at all of my expensive purchases with resale as a part of my equation. ie. Cars, homes etc.
djgallo is offline   Reply With Quote
Old 8 February 2020, 08:14 AM   #8
037
2024 Pledge Member
 
037's Avatar
 
Join Date: Feb 2018
Location: USA
Posts: 6,173
This is exactly why I bought four bicycles instead of a car.

In hindsight I could have had eight unicycles but didn't want to take it too far.
037 is offline   Reply With Quote
Old 8 February 2020, 08:17 AM   #9
absoluteczech
"TRF" Member
 
Join Date: Jan 2019
Location: SoCal
Posts: 118
Quote:
Originally Posted by Wahlberg View Post
And this is what ruined this hobby the last few years. Value and retention.

You buy a luxury item because you can and enjoy something. I understand the value proposition behind it, but that should be one of the last on the list.

Buy because you love it, else don't. Talking about value and all that takes the joy out of it.
amen
absoluteczech is offline   Reply With Quote
Old 8 February 2020, 08:22 AM   #10
Calatrava r
2024 SubLV41 Pledge Member
 
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 11,333
You should get those watches, if you like them and forget about the Daytona. Why is it necessary to spend what a Daytona costs. Why not a lot more or a lot less?
Calatrava r is online now   Reply With Quote
Old 8 February 2020, 08:24 AM   #11
Jona
Banned
 
Join Date: May 2019
Location: USA
Watch: 116618LN
Posts: 1,399
Quote:
Originally Posted by djgallo View Post
You let what others do ruin the hobby for you...

Nothing wrong with people looking at resale value as part of their decision to make a luxury purchase, and that includes a watch purchase. You don’t like it...then don’t do it. I look at all of my expensive purchases with resale as a part of my equation. ie. Cars, homes etc.
I am truly sorry to hear this, as I suspect "resale value" is the main, if not only, part of your equation.
Jona is offline   Reply With Quote
Old 8 February 2020, 08:31 AM   #12
aparker973
"TRF" Member
 
Join Date: Nov 2012
Location: NYC
Posts: 149
I'd take a Reverso small seconds in red heads-up vs. a Daytona. Yes, no bullshit.

I'm done buying shit because I think it is more likely to hold its value. I end up not wearing them-- not because I'm trying to preserve value, but because I just don't really like them enough.

I was in 10 meetings this week-- Subs, Omegas, and Daytonas galore. Yawn.

Blue Reverso popped from under the cuff of someone and I can't shake how drawn I was to it. Completely sick. I never talk about watches at work, with clients, counterparties, etc... but I almost felt compelled to say "nice".
aparker973 is offline   Reply With Quote
Old 8 February 2020, 08:32 AM   #13
RJRJRJ
"TRF" Member
 
RJRJRJ's Avatar
 
Join Date: Aug 2011
Location: USA
Posts: 3,495
If you want those watches then I guess it makes sense. But if you want a Daytona, get a Daytona. I can appreciate, and like, all of the watches on that list, I don't actually want to buy one.

You can also say that instead of a 5711, you can get a DaytonaC in both colors, plus those four watches you listed.
RJRJRJ is offline   Reply With Quote
Old 8 February 2020, 08:38 AM   #14
Arcticsub
"TRF" Member
 
Join Date: Nov 2019
Location: Local group
Posts: 226
Quote:
Originally Posted by 037 View Post
This is exactly why I bought four bicycles instead of a car.

In hindsight I could have had eight unicycles but didn't want to take it too far.
Yeah because comparing luxury watches is the same as comparing bicycles. Not really but thanks anyway.
Arcticsub is offline   Reply With Quote
Old 8 February 2020, 08:38 AM   #15
RyanJ
"TRF" Member
 
Join Date: Mar 2019
Location: Atlantis
Posts: 1,448
Why does it shock people that many, if not most, buy Rolex because it generally retains value? This is one of the biggest reasons it is so popular. Maybe not why for people on this forum but out in the real world it is.
RyanJ is offline   Reply With Quote
Old 8 February 2020, 08:40 AM   #16
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,368
You could do this with a Porsche and a couple of Fords and Toyotas, not many people set on a Porsche are going for this quantity over quality if that is their great desire.
AK797 is offline   Reply With Quote
Old 8 February 2020, 08:43 AM   #17
Arcticsub
"TRF" Member
 
Join Date: Nov 2019
Location: Local group
Posts: 226
Quote:
Originally Posted by Calatrava r View Post
You should get those watches, if you like them and forget about the Daytona. Why is it necessary to spend what a Daytona costs. Why not a lot more or a lot less?
This is kind of the point I'm trying to make. Spending a lot of money on a Daytona because it's hard to get. BTW, the Daytona is a watch I would never buy.
Arcticsub is offline   Reply With Quote
Old 8 February 2020, 08:47 AM   #18
037
2024 Pledge Member
 
037's Avatar
 
Join Date: Feb 2018
Location: USA
Posts: 6,173
Quote:
Originally Posted by Arcticsub View Post
BTW, the Daytona is a watch I would never buy.
Then why do you care what other people buy? Not everyone likes the same watches or wants four of something rather than one of something.
037 is offline   Reply With Quote
Old 8 February 2020, 09:00 AM   #19
ROLEXster
"TRF" Member
 
ROLEXster's Avatar
 
Join Date: Jan 2012
Location: Vancouver, BC
Watch: is on BS wait list
Posts: 990
I'll eat 4 Big Macs for dinner instead of 1 juicy steak while wearing my Daytona.
Nahhh ... I rather eat the steak.
ROLEXster is offline   Reply With Quote
Old 8 February 2020, 09:00 AM   #20
illiguy
2024 SubLV41 Pledge Member
 
illiguy's Avatar
 
Join Date: Dec 2013
Location: UTC/GMT -5
Posts: 3,660
Quote:
Originally Posted by RJRJRJ View Post
If you want those watches then I guess it makes sense. But if you want a Daytona, get a Daytona. I can appreciate, and like, all of the watches on that list, I don't actually want to buy one.

You can also say that instead of a 5711, you can get a DaytonaC in both colors, plus those four watches you listed.


Well said.


Sent from my iPhone using Tapatalk
illiguy is offline   Reply With Quote
Old 8 February 2020, 09:02 AM   #21
Colin W
"TRF" Member
 
Join Date: Nov 2013
Location: UK
Posts: 1,314
Quote:
Originally Posted by 037 View Post
This is exactly why I bought four bicycles instead of a car.

In hindsight I could have had eight unicycles but didn't want to take it too far.


LOL


Sent from my iPhone using Tapatalk
__________________
Colin W is offline   Reply With Quote
Old 8 February 2020, 09:15 AM   #22
djgallo
Banned
 
Join Date: Jul 2019
Location: Eastwest
Posts: 1,322
Quote:
Originally Posted by Jona View Post
I am truly sorry to hear this, as I suspect "resale value" is the main, if not only, part of your equation.
Don’t worry...I won’t twist your arm to buy smart....
djgallo is offline   Reply With Quote
Old 8 February 2020, 09:18 AM   #23
absoluteczech
"TRF" Member
 
Join Date: Jan 2019
Location: SoCal
Posts: 118
Quote:
Originally Posted by RyanJ View Post
Why does it shock people that many, if not most, buy Rolex because it generally retains value? This is one of the biggest reasons it is so popular. Maybe not why for people on this forum but out in the real world it is.
Because that wasn't always the case. Not even 10 years ago you could buy them at "greys" for less than MSRP. And used definitely below retail

https://www.rolexforums.com/showthread.php?t=256840

https://www.rolexforums.com/showthread.php?t=258800
absoluteczech is offline   Reply With Quote
Old 8 February 2020, 09:33 AM   #24
Aplover5
"TRF" Member
 
Join Date: Nov 2017
Location: USA
Watch: Rolex
Posts: 307
Quote:
Originally Posted by Arcticsub View Post
One can get the following new watches: (also for market prices)
  • JLC Reverso classic small seconds
  • Rolex Submariner 114060
  • Omega Speedmaster 1861 hesalite
  • And to round it all off a Zenith El Primero.
This would be a dream collection for any wis. You would have a watch for any occasion. In my opinion, nobody in their right mind would look at this collection and say "I would trade this all for a Daytona". I guess desire makes people irrational.
My 88-year old dad shakes his head. He says his twenty-year-old Timex keeps better time. To each their own for sure. I consider value in my purchases because I have a obsessive personality and can grow tired of a watch sometimes.
Aplover5 is offline   Reply With Quote
Old 8 February 2020, 09:42 AM   #25
Justinmg
"TRF" Member
 
Justinmg's Avatar
 
Join Date: Apr 2015
Real Name: Justin
Location: FL
Watch: PO/EXPL
Posts: 3,371
Quote:
Originally Posted by Arcticsub View Post
One can get the following new watches: (also for market prices)
  • JLC Reverso classic small seconds
  • Rolex Submariner 114060
  • Omega Speedmaster 1861 hesalite
  • And to round it all off a Zenith El Primero.
This would be a dream collection for any wis. You would have a watch for any occasion. In my opinion, nobody in their right mind would look at this collection and say "I would trade this all for a Daytona". I guess desire makes people irrational.
I would 100% rather have those then a Daytona. Great post, it’s crazy that even on WIS forum people are still worried about, those aren’t rear and don’t hold there value. I must be crazy but I just like watches and designs not brands, that’s why I’d rather have a speedy of a Daytona .
__________________
////////////////////////////////
Member of The Nylon Nation

Does it do anything? It tells the time.
Justinmg is offline   Reply With Quote
Old 8 February 2020, 09:48 AM   #26
danyvw
"TRF" Member
 
danyvw's Avatar
 
Join Date: Jan 2015
Location: USA
Watch: Sub16610, DJ126331
Posts: 1,151
I buy what I like (and can afford) in first place but always have in mind the resale value of the item (house, car, watch, you name it). Both things can be done at the same time. Not big deal.
danyvw is offline   Reply With Quote
Old 8 February 2020, 09:53 AM   #27
djgallo
Banned
 
Join Date: Jul 2019
Location: Eastwest
Posts: 1,322
Quote:
Originally Posted by danyvw View Post
I buy what I like (and can afford) in first place but always have in mind the resale value of the item (house, car, watch, you name it). Both things can be done at the same time. Not big deal.
djgallo is offline   Reply With Quote
Old 8 February 2020, 09:57 AM   #28
Harry-57
2024 Pledge Member
 
Harry-57's Avatar
 
Join Date: Apr 2018
Real Name: Harry
Location: England
Posts: 10,625
I wouldn't have any of those. Daytona included. But each to our own.
Harry-57 is online now   Reply With Quote
Old 8 February 2020, 09:59 AM   #29
Singslinger
"TRF" Member
 
Singslinger's Avatar
 
Join Date: Sep 2008
Location: singapore
Posts: 6,424
Quote:
Originally Posted by 037 View Post
This is exactly why I bought four bicycles instead of a car.

In hindsight I could have had eight unicycles but didn't want to take it too far.
Singslinger is offline   Reply With Quote
Old 8 February 2020, 10:15 AM   #30
Anton911
Banned
 
Join Date: Mar 2019
Location: Uk
Watch: Daytona,hulk
Posts: 302
Quote:
Originally Posted by djgallo View Post
The only watch in your list that makes sense to own is the Rolex sub. IMO

All of the (others) are easy to get....for a reason....and they lose value over time...try to sell and recoup your money..hardly.

The Daytona is on a different level. Some understand and some don’t.....the ones that don’t... should wear something else...and stop bad rapping others that enjoy their Daytona.
Daytona’s are some of the most sought after watches especially the 116500.
As rightly said they are on another level on all respects.
It’s human nature if people cannot get something ie Daytona ,they will immediately condemn then suddenly they acquire and it’s the best thing ever..
A bad case of jealousy and sour grapes I’m afraid.
What makes me laugh are the people who are belly aching that they don’t even want or like the Daytona.If that’s the case,shut up and buy a Casio and do us all a favour.
Anton911 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

DavidSW Watches

Takuya Watches

My Watch LLC

OCWatches

Asset Appeal

Wrist Aficionado


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.