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22 January 2023, 07:29 AM | #1 |
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Daytona Decision
I've been wanting a Panda Daytona for awhile now, my AD laughed when I inquired about one, so i'm going to have to go grey. The question now is am i better to wait and see if there are any changes at Baselword or should I just pull the trigger now? I will say if they came out with a 41mm version of it I would prefer it, but i'm also fine with the current size. Grey prices have come down some but i'm hoping they come down more. I'm slightly worried that if I wait, prices could go back up, what are people's thoughts?
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22 January 2023, 07:33 AM | #2 |
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If you’d prefer a 41mm, there’s no harm in waiting to see what Rolex does. Who knows, they may give you the bigger watch you desire!
On current grey prices…who knows. I think prices could continue to soften though. |
22 January 2023, 07:34 AM | #3 |
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No point waiting. Even if a new one comes out it will have a huge premium and years long waitlist.
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22 January 2023, 01:58 PM | #4 |
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23 January 2023, 03:01 AM | #5 |
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22 January 2023, 07:41 AM | #6 |
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Well, you’ve already come to terms with paying above MSRP, implying the delta between MSRP and secondary is less important than having the watch in hand. Therefore, the market dynamics should not be relevant, and I wouldn’t spend time considering a watch that does not yet exist. If something else comes along later then you can always use the current one for a trade.
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22 January 2023, 08:11 AM | #7 |
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Given the current economic climate, I would suggest waiting for the current reference.
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22 January 2023, 08:16 AM | #8 |
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IF and that is a big IF they do change the ss Daytona, both new and current will go nuclear in price for different reasons. You will look back at todays street prices and they will seem like a bargain. You decide if you want to pay more because waiting is gonna cost significantly more money however it plays out. I have learned this first hand with my Panda. The longer I waited, the more money it ended up costing me.
On a significant lesser scale, look at how many new Hulk owners now passed on it when it was a $8700.00 watch everywhere.
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22 January 2023, 08:31 AM | #9 |
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Nobody has a crystal ball but I’d say there is a much greater likelihood that the price will go up than down so if you feel comfortable go for it.
It’s one of the most in demand watches from Rolex so you won’t see it in the window anytime soon. As long as there is strong demand the prices will stay high Also, if you haven’t got a chance at your AD with the current model you would stand even less chance of a new model is released. All the big clients would be queuing up for it
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22 January 2023, 08:34 AM | #10 |
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Daytona Decision
Don’t wait if you’re ok paying gray prices. They may continue to go down in price over the next “xxx” period of time, but timing the market is a fools errand. IMO they seem to have stabilized around the 30-33k mark, that’s A LOT of money but you’ll be kicking yourself if the prices went back to 40-50k after W&W.
I have one and it’s the crown of my collection, IMO it’s hyped for a reason, IG flex douche bags aside. Good luck whatever you decide. |
22 January 2023, 08:39 AM | #11 |
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If any of the other alleged 41mm Rolex are anything to go by expect a supposed 41mm Daytona to be negligibly 0.3-0.4mm larger than the current.
If you base your knowledge on past pre-ceramic Daytonas then you’re aware that they still sell for min 2x retail with the zenith 3-4x (or more). Who knows? Possibly a 41mm Daytona finally loses its luster and is a flop? Finally, remember Rolex marketing strategy. Namely, new references in PM only for around 5 years and then a SS version. Think Pepsi, Sky-Dweller etc.
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22 January 2023, 08:39 AM | #12 |
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Buy the panda.
Don't wait for future releases. It will happen if it meant to be ;)
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22 January 2023, 08:59 AM | #13 |
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None of us have a crystal ball (I suspect not) but I can’t imagine Rolex would change the case size of the Daytona. My $0.02.
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22 January 2023, 09:10 AM | #14 |
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I’d agree with the overwhelming sentiment here buy it now around 30k - basically 2x Msrp for the most in demand rolex seems fine given where the market only recently was. Unless you have a desire for many watches from many different brands like myself just do it now.
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22 January 2023, 09:28 AM | #15 | |
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22 January 2023, 11:32 AM | #16 |
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There's 4 pages of them on Chrono24 but nobody wants to negotiate.
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22 January 2023, 11:34 AM | #17 |
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Like Mystro said, no release of a new Daytona will decrease prices. The big question is how bad you want it and how much you're willing to pay.
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22 January 2023, 05:35 PM | #18 |
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No new release has ever led to lower prices. Now is a good time to buy, I bought a Panda a year ago for almost 50k.
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22 January 2023, 07:46 PM | #19 | |
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Anyway, OP, if you are ok with paying around 30-33 now, I would wait until W&W because you will still be able to do 28 or 35 then, or decide to go for the new release (if that happens). |
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23 January 2023, 06:53 PM | #20 |
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22 January 2023, 07:15 PM | #21 |
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I’m new here.
Which new SS Daytona is a “panda “? Do you have a model number?
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22 January 2023, 07:32 PM | #22 | |
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As for OP’s dilemma: buy it now. The prices will go down together with the society we live in because the world is in crysis not seen since the end of the World War II, but you will be able to watch it with the less anxiety because you will have the watch you like on the wrist. |
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22 January 2023, 07:32 PM | #23 |
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23 January 2023, 08:54 PM | #24 | |
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22 January 2023, 07:18 PM | #25 |
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116500LN
White dial with black sub dials = panda |
22 January 2023, 07:43 PM | #26 | |
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22 January 2023, 08:43 PM | #27 |
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Would not pay over retail in my case; if you are ok with paying more would anyway wait as grey prices will likely keep dropping
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22 January 2023, 08:56 PM | #28 |
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prices have dropped significantly, i wouldnt expect them to bottom out any further ut who knows. people on this forum are all wealthy people and none of us are really going to be dramatically affected over this recession. maybe on paper.. but things always go back up.
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23 January 2023, 12:23 AM | #29 | |
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23 January 2023, 12:21 AM | #30 |
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Waiting is ok as prices are decreasing slowly. No sure what the model will look like but if there is a new one and it is not well received then I can see the panda shooting up in price due to being discontinued. It is a great looking watch.
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