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Old 14 April 2020, 09:41 AM   #1
Nyc_pl
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Good price for a preowned Datejust 36?

Hi guys,

Just joined the forum. I'm eyeing my first Rolex purchase. I'm looking at a Datejust 36 Jubilee 116234 with the fluted bezel. I got them down to $6,000 on price.

Model year is 2015. Watch looks to be in very good shape. Its an out of state purchase. Also comes with a 2 year in house warranty. The store itself has many positive reviews and has been in business a very long time.

Just want to know if that price is good or can I expect to do a little better.

Also should I be asking any specific questions or looking out for anything(being that it is second hand)?

Thanks in advance !
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Old 14 April 2020, 09:45 AM   #2
escobar144
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I would say thats alittle steep. For 6k you can get a brand new Oyster Perpetual. If you can stretch you budget you can even do a smooth bezel DJ with a oyster bracelet
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Old 14 April 2020, 09:49 AM   #3
Nyc_pl
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Originally Posted by escobar144 View Post
I would say thats alittle steep. For 6k you can get a brand new Oyster Perpetual. If you can stretch you budget you can even do a smooth bezel DJ with a oyster bracelet
What would be a fair price for that then?
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Old 14 April 2020, 09:50 AM   #4
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Price is a bit steep. They're selling you a watch without papers and in house warranty. I purchased a preowned 116234 Rolex warranty dated 12/2017 for $5500.
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Old 14 April 2020, 09:55 AM   #5
Nyc_pl
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Price is a bit steep. They're selling you a watch without papers and in house warranty. I purchased a preowned 116234 Rolex warranty dated 12/2017 for $5500.
Where do you recommend I look for watches? Does yours also have a fluted bezel with the jubilee bracelet?
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Old 14 April 2020, 09:55 AM   #6
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Originally Posted by Nyc_pl View Post
What would be a fair price for that then?

I mean if your heart is set on a modern 36m date just I can see a few for sale around 5k on watchrecon.

All I’m saying is I think there are better options


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Old 14 April 2020, 10:17 AM   #7
Mr. K
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Haven't been following the date just market oh, so cannot comment too much on the price.

Does it have the box and original warranty card? That will add some value to the watch. Having the two-year in-house warranty is nice. But many here would rather send it back to Rolex direct.

Price really does depend on the condition of the watch. Is there anything unique about the watch? Specialty dial or roulette date wheel?

The hidden clasp on those jewelry bracelets are just awesome.
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Old 14 April 2020, 10:33 AM   #8
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Originally Posted by Nyc_pl View Post
Where do you recommend I look for watches? Does yours also have a fluted bezel with the jubilee bracelet?

Just saw one on eBay via Govberg for $6k without box and papers. So it seems that ought to be the starting price. $5.5k would be a good compromise. But in this economic climate on a pre-owned modern Rolex with no box or papers? I’d offer $5k and look at more options.


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Old 14 April 2020, 11:06 AM   #9
Stud Screw
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A few main points here: First of all, welcome to the forum. Your first Rolex purchase is an exciting time, but it can also be difficult navigating the challenges that go along with that first purchase. So, my two cents....
As a proud wearer of a Datejust (mine is a 16233 from 2003, purchased new), I will say that it is a wonderful watch. You are making a great choice in that particular model.
Ask yourself this question: Am I buying this watch with the intention of wearing it for years and years? Or is this mainly a watch that I intend to flip sometime in the future?
If the answer is the former, then here is my advice. You are interested in a Datejust. So why are you going the secondhand route? It is not as if you have your heart set on a Submariner or a GMT, which you can't find at any AD, and are forced to go used (or gray). We are talking about a Datejust here, a great watch, but one that is readily available at any AD, for not a whole lot more than the price of the watch you are inquiring about. I know all the wiseguys on Youtube rail on all the numbskulls who pay retail, but if this is a watch you intend to keep for a lifetime, then buy it new from an AD. You'll get the assurance that everything is ligit, you'll get your name on the paperwork, and you'll develop a working relationship with your local AD, which may come in handy in the future. Why make this a potentially messy transaction? There are too many potential pitfalls, even for the experienced buyer. Out of state? Good reviews on Google? It is not worth whatever savings are dangled in front of you.
Again, this is your first Rolex. It is a big investment for anybody, even for the folks on this forum who brag about owning 20, but daily lament that they cannot decide which one to wear. If your budget is $6,000, you can get a new Oyster Perpetual, or you can save a bit more for a SS DJ. Take a deep breath, and when you exhale, and when the world is back to normal, visit your AD. You won't regret it.
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Old 14 April 2020, 11:47 AM   #10
Nyc_pl
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Quote:
Originally Posted by Mr. K View Post
Haven't been following the date just market oh, so cannot comment too much on the price.

Does it have the box and original warranty card? That will add some value to the watch. Having the two-year in-house warranty is nice. But many here would rather send it back to Rolex direct.

Price really does depend on the condition of the watch. Is there anything unique about the watch? Specialty dial or roulette date wheel?

The hidden clasp on those jewelry bracelets are just awesome.
Comes with the box, no warranty card.

Yeah, thats one of my favorite parts of the band. Thats what really sold me on this watch. Plus the 36M date just fits my wrist perfectly(7.75)
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Old 14 April 2020, 11:51 AM   #11
Nyc_pl
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Quote:
Originally Posted by Stud Screw View Post
A few main points here: First of all, welcome to the forum. Your first Rolex purchase is an exciting time, but it can also be difficult navigating the challenges that go along with that first purchase. So, my two cents....
As a proud wearer of a Datejust (mine is a 16233 from 2003, purchased new), I will say that it is a wonderful watch. You are making a great choice in that particular model.
Ask yourself this question: Am I buying this watch with the intention of wearing it for years and years? Or is this mainly a watch that I intend to flip sometime in the future?
If the answer is the former, then here is my advice. You are interested in a Datejust. So why are you going the secondhand route? It is not as if you have your heart set on a Submariner or a GMT, which you can't find at any AD, and are forced to go used (or gray). We are talking about a Datejust here, a great watch, but one that is readily available at any AD, for not a whole lot more than the price of the watch you are inquiring about. I know all the wiseguys on Youtube rail on all the numbskulls who pay retail, but if this is a watch you intend to keep for a lifetime, then buy it new from an AD. You'll get the assurance that everything is ligit, you'll get your name on the paperwork, and you'll develop a working relationship with your local AD, which may come in handy in the future. Why make this a potentially messy transaction? There are too many potential pitfalls, even for the experienced buyer. Out of state? Good reviews on Google? It is not worth whatever savings are dangled in front of you.
Again, this is your first Rolex. It is a big investment for anybody, even for the folks on this forum who brag about owning 20, but daily lament that they cannot decide which one to wear. If your budget is $6,000, you can get a new Oyster Perpetual, or you can save a bit more for a SS DJ. Take a deep breath, and when you exhale, and when the world is back to normal, visit your AD. You won't regret it.
Thanks for the warm welcome. I'm purchasing to wear it for a long time. I have no intentions of flipping it. As I previously mentioned I really like the clasp of the 36M jubilee and I noticed the new models don't have this anymore.

Plus... I'm a #s guy. I see how much these retailed for new + tax and if I can pick this up for a 35-40% discount its worth going preowned vs new IMO.

To sum up its a combination of: price, depreciation & hidden clasp
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Old 14 April 2020, 11:52 AM   #12
Nyc_pl
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Quote:
Originally Posted by Stud Screw View Post
A few main points here: First of all, welcome to the forum. Your first Rolex purchase is an exciting time, but it can also be difficult navigating the challenges that go along with that first purchase. So, my two cents....
As a proud wearer of a Datejust (mine is a 16233 from 2003, purchased new), I will say that it is a wonderful watch. You are making a great choice in that particular model.
Ask yourself this question: Am I buying this watch with the intention of wearing it for years and years? Or is this mainly a watch that I intend to flip sometime in the future?
If the answer is the former, then here is my advice. You are interested in a Datejust. So why are you going the secondhand route? It is not as if you have your heart set on a Submariner or a GMT, which you can't find at any AD, and are forced to go used (or gray). We are talking about a Datejust here, a great watch, but one that is readily available at any AD, for not a whole lot more than the price of the watch you are inquiring about. I know all the wiseguys on Youtube rail on all the numbskulls who pay retail, but if this is a watch you intend to keep for a lifetime, then buy it new from an AD. You'll get the assurance that everything is ligit, you'll get your name on the paperwork, and you'll develop a working relationship with your local AD, which may come in handy in the future. Why make this a potentially messy transaction? There are too many potential pitfalls, even for the experienced buyer. Out of state? Good reviews on Google? It is not worth whatever savings are dangled in front of you.
Again, this is your first Rolex. It is a big investment for anybody, even for the folks on this forum who brag about owning 20, but daily lament that they cannot decide which one to wear. If your budget is $6,000, you can get a new Oyster Perpetual, or you can save a bit more for a SS DJ. Take a deep breath, and when you exhale, and when the world is back to normal, visit your AD. You won't regret it.

Thanks for the warm welcome. I'm purchasing with the intention of keeping for a long time. I really like the clasp of the 36M jubilee and I noticed the new models don't have this anymore.

Plus... I'm a #s guy. I see how much these retailed for new + tax and if I can pick this up for a 35-40% discount its worth going preowned vs new IMO.

To sum up its a combination of: price, depreciation & hidden clasp
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Old 14 April 2020, 11:58 AM   #13
Nyc_pl
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Stud_screw:

Thanks for the warm welcome. I'm purchasing with the intention of keeping for a long time. I really like the clasp of the 36M jubilee and I noticed the new models don't have this anymore.

Plus... I'm a #s guy. I see how much these retailed for and if I can pick this up for a 35-40% discount its worth going preowned vs new IMO.

To sum up its a combination of: price, depreciation & hidden clasp

I like the Submariner a lot and was torn between the 2 models, but with how difficult they are to get and it being more expensive I figured I'll start with the Datejust. Plus I think the DJ wears better in a professional setting.
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Old 14 April 2020, 11:59 AM   #14
Nyc_pl
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I'd post pictures of the watch im looking at, but my post count is still too low.
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Old 14 April 2020, 12:08 PM   #15
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Quote:
Originally Posted by Stud Screw View Post
A few main points here: First of all, welcome to the forum. Your first Rolex purchase is an exciting time, but it can also be difficult navigating the challenges that go along with that first purchase. So, my two cents....
As a proud wearer of a Datejust (mine is a 16233 from 2003, purchased new), I will say that it is a wonderful watch. You are making a great choice in that particular model.
Ask yourself this question: Am I buying this watch with the intention of wearing it for years and years? Or is this mainly a watch that I intend to flip sometime in the future?
If the answer is the former, then here is my advice. You are interested in a Datejust. So why are you going the secondhand route? It is not as if you have your heart set on a Submariner or a GMT, which you can't find at any AD, and are forced to go used (or gray). We are talking about a Datejust here, a great watch, but one that is readily available at any AD, for not a whole lot more than the price of the watch you are inquiring about. I know all the wiseguys on Youtube rail on all the numbskulls who pay retail, but if this is a watch you intend to keep for a lifetime, then buy it new from an AD. You'll get the assurance that everything is ligit, you'll get your name on the paperwork, and you'll develop a working relationship with your local AD, which may come in handy in the future. Why make this a potentially messy transaction? There are too many potential pitfalls, even for the experienced buyer. Out of state? Good reviews on Google? It is not worth whatever savings are dangled in front of you.
Again, this is your first Rolex. It is a big investment for anybody, even for the folks on this forum who brag about owning 20, but daily lament that they cannot decide which one to wear. If your budget is $6,000, you can get a new Oyster Perpetual, or you can save a bit more for a SS DJ. Take a deep breath, and when you exhale, and when the world is back to normal, visit your AD. You won't regret it.
This is a darn good, well thought out post!
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Old 14 April 2020, 12:09 PM   #16
Stud Screw
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Quote:
Originally Posted by Nyc_pl View Post
Stud_screw:

Thanks for the warm welcome. I'm purchasing with the intention of keeping for a long time. I really like the clasp of the 36M jubilee and I noticed the new models don't have this anymore.

Plus... I'm a #s guy. I see how much these retailed for and if I can pick this up for a 35-40% discount its worth going preowned vs new IMO.

To sum up its a combination of: price, depreciation & hidden clasp

Fair enough. The jubilee bracelet is incredibly comfortable, as is the 36mm size. Still, I would prefer to see the watch in the metal first, regardless of the warranty offered. But good luck!


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Old 14 April 2020, 03:38 PM   #17
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Quote:
Originally Posted by Stud Screw View Post
A few main points here: First of all, welcome to the forum. Your first Rolex purchase is an exciting time, but it can also be difficult navigating the challenges that go along with that first purchase. So, my two cents....
As a proud wearer of a Datejust (mine is a 16233 from 2003, purchased new), I will say that it is a wonderful watch. You are making a great choice in that particular model.
Ask yourself this question: Am I buying this watch with the intention of wearing it for years and years? Or is this mainly a watch that I intend to flip sometime in the future?
If the answer is the former, then here is my advice. You are interested in a Datejust. So why are you going the secondhand route? It is not as if you have your heart set on a Submariner or a GMT, which you can't find at any AD, and are forced to go used (or gray). We are talking about a Datejust here, a great watch, but one that is readily available at any AD, for not a whole lot more than the price of the watch you are inquiring about. I know all the wiseguys on Youtube rail on all the numbskulls who pay retail, but if this is a watch you intend to keep for a lifetime, then buy it new from an AD. You'll get the assurance that everything is ligit, you'll get your name on the paperwork, and you'll develop a working relationship with your local AD, which may come in handy in the future. Why make this a potentially messy transaction? There are too many potential pitfalls, even for the experienced buyer. Out of state? Good reviews on Google? It is not worth whatever savings are dangled in front of you.
Again, this is your first Rolex. It is a big investment for anybody, even for the folks on this forum who brag about owning 20, but daily lament that they cannot decide which one to wear. If your budget is $6,000, you can get a new Oyster Perpetual, or you can save a bit more for a SS DJ. Take a deep breath, and when you exhale, and when the world is back to normal, visit your AD. You won't regret it.
Good post, completely agree
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Old 14 April 2020, 04:23 PM   #18
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Quote:
Originally Posted by Nyc_pl View Post
Hi guys,

Just joined the forum. I'm eyeing my first Rolex purchase. I'm looking at a Datejust 36 Jubilee 116234 with the fluted bezel. I got them down to $6,000 on price.

Model year is 2015. Watch looks to be in very good shape. Its an out of state purchase. Also comes with a 2 year in house warranty. The store itself has many positive reviews and has been in business a very long time.

Just want to know if that price is good or can I expect to do a little better.

Also should I be asking any specific questions or looking out for anything(being that it is second hand)?

Thanks in advance !

Too $. Do btr


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Old 14 April 2020, 04:55 PM   #19
benny88
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I'm in the UK but for reference - I picked up my 116234 in Dec 2019, pre owned, great condition, box but no papers, with a 2 year in house warranty for $5400 at today's £-$ exchange rate.
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Old 15 April 2020, 12:13 AM   #20
Nyc_pl
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I'm in the UK but for reference - I picked up my 116234 in Dec 2019, pre owned, great condition, box but no papers, with a 2 year in house warranty for $5400 at today's £-$ exchange rate.
Thanks for the reference #. Will hold off and wait till I get something in that price range.
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Old 15 April 2020, 12:25 AM   #21
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Quote:
Originally Posted by Stud Screw View Post
A few main points here: First of all, welcome to the forum. Your first Rolex purchase is an exciting time, but it can also be difficult navigating the challenges that go along with that first purchase. So, my two cents....
As a proud wearer of a Datejust (mine is a 16233 from 2003, purchased new), I will say that it is a wonderful watch. You are making a great choice in that particular model.
Ask yourself this question: Am I buying this watch with the intention of wearing it for years and years? Or is this mainly a watch that I intend to flip sometime in the future?
If the answer is the former, then here is my advice. You are interested in a Datejust. So why are you going the secondhand route? It is not as if you have your heart set on a Submariner or a GMT, which you can't find at any AD, and are forced to go used (or gray). We are talking about a Datejust here, a great watch, but one that is readily available at any AD, for not a whole lot more than the price of the watch you are inquiring about. I know all the wiseguys on Youtube rail on all the numbskulls who pay retail, but if this is a watch you intend to keep for a lifetime, then buy it new from an AD. You'll get the assurance that everything is ligit, you'll get your name on the paperwork, and you'll develop a working relationship with your local AD, which may come in handy in the future. Why make this a potentially messy transaction? There are too many potential pitfalls, even for the experienced buyer. Out of state? Good reviews on Google? It is not worth whatever savings are dangled in front of you.
Again, this is your first Rolex. It is a big investment for anybody, even for the folks on this forum who brag about owning 20, but daily lament that they cannot decide which one to wear. If your budget is $6,000, you can get a new Oyster Perpetual, or you can save a bit more for a SS DJ. Take a deep breath, and when you exhale, and when the world is back to normal, visit your AD. You won't regret it.
This is the best advise ever!
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