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mazakmustang · 20 September 2011, 01:01 PM

I am a new member and wanting more information about the piece I won. It is a Daytona Ref#116509. It is the most amazing thing I have owned, my father has one as well as 10 others. I was told it is a rare watch and am wondering what makes it that way. Please leave any infromation you may know about it. Thanks

sleddog · 20 September 2011, 01:10 PM

Pics and maybe a little more info on how you acquired it?

RolexV3 · 20 September 2011, 01:20 PM

Looks like its this style from what I found in a search

mazakmustang · 20 September 2011, 01:22 PM

The piece was won at a charity car show. It was offered by a very well know jewlery shop in my area. It is a 40mm s/s Daytona Csmo w/blk dia srl#G18####. I go by the jewlers tomorrow to pick up the box and paperwork.

mazakmustang · 20 September 2011, 01:22 PM

That is correct Rolex V3

MortgageGuy · 20 September 2011, 01:23 PM

Congrats!!! I would edit your post above and remove the serial number except for the prefix letter

Looking forward to some pics, that is an amazing prize

kokota · 20 September 2011, 09:38 PM

Quote:

Originally Posted by mazakmustang

The piece was won at a charity car show. It was offered by a very well know jewlery shop in my area. It is a 40mm s/s Daytona Csmo w/blk dia srl#G18####. I go by the jewlers tomorrow to pick up the box and paperwork.

Congrats

So is it a SS model (as stated above) or a Ref#116509 (18k white gold)?
Either way it's a score

Post some pics.

Sixxgrand1 · 21 September 2011, 12:13 AM

Quote:

Originally Posted by kokota

Congrats

So is it a SS model (as stated above) or a Ref#116509 (18k white gold)?
Either way it's a score

Post some pics.

Yes, which is it please?

scarab007 · 20 September 2011, 01:23 PM

Quote:

Originally Posted by mazakmustang

I am a new member and wanting more information about the piece I won. It is a Daytona Ref#116509. It is the most amazing thing I have owned, my father has one as well as 10 others. I was told it is a rare watch and am wondering what makes it that way. Please leave any infromation you may know about it. Thanks

You won this watch? Like in an auction or something? Great watch you have and if you google the ref # you will find loads of information about it. Enjoy!

mazakmustang · 20 September 2011, 01:25 PM

Tickets were only $100 and I purchased 3 what luck

scarab007 · 20 September 2011, 01:27 PM

Quote:

Originally Posted by mazakmustang

Tickets were only $100 and I purchased 3 what luck

Damn, awesome luck you have. You have a great watch and enjoy in good health.

mazakmustang · 20 September 2011, 01:28 PM

Quote:

Originally Posted by scarab007

Damn, awesome luck you have. You have a great watch and enjoy in good health.

Thanks

Joey_V · 20 September 2011, 01:29 PM

Isn't that like a 30,000 watch?

Dang!!!

Lol-x · 20 September 2011, 01:58 PM

That is the solid 18K white gold case and bracelet model Daytona. The do sell for around $25,000.

So you are one very lucky guy!!!!

Congrats

rodrob59 · 21 September 2011, 11:14 AM

[QUOTE=Lol-x;2749682]That is the solid 18K white gold case and bracelet model Daytona. The do sell for around $25,000.

And I was going to offer him $500. Thanks a lot!!

evilfij · 20 September 2011, 01:59 PM

Congrats!

Set aside the money for the taxes on it now!

rr-nyc · 20 September 2011, 03:03 PM

Quote:

Originally Posted by evilfij

Congrats!

Set aside the money for the taxes on it now!

+1

The OP can count on a 1099 showing up in the mail sometime in January 2012

Congrats, you have some very good luck!

mazakmustang · 21 September 2011, 01:19 AM

Quote:

Originally Posted by rr-nyc

+1

The OP can count on a 1099 showing up in the mail sometime in January 2012

Congrats, you have some very good luck!

That is very correct, dont want to see that ever. Putting money aside now

hennabav · 20 September 2011, 02:01 PM

Congrats!! That's awesome!!

james89 · 20 September 2011, 02:05 PM

I think you should push your luck a bit and go buy a lottery ticket!!!

jatco · 20 September 2011, 02:49 PM

What fabulous Luck.. For real...!!
Its a keeper, buddy... Enjoy..!

Feras · 20 September 2011, 03:09 PM

Wow, a mustang won a rolex !

HACKNSACK44 · 20 September 2011, 03:25 PM

Congrats!!

Lol-x · 20 September 2011, 03:27 PM

So you guys in the USA have to pay tax on prizes you win????

That's not the case in Australia, all prize winnings are not taxable unless you are a professional gambler or in the business of betting (e.g. professional horse race punter).

Cru Jones · 20 September 2011, 06:07 PM

Quote:

Originally Posted by Lol-x

So you guys in the USA have to pay tax on prizes you win????

i believe so.....but, as OP did not win cash, but, rather, an item, i'm not sure if the taxable event is the receipt of the watch or the sale (when he would receive income).

anywho, big win!!

Watch Professor · 21 September 2011, 03:22 PM

Quote:

Originally Posted by Cru Jones

i believe so.....but, as OP did not win cash, but, rather, an item, i'm not sure if the taxable event is the receipt of the watch or the sale (when he would receive income).

anywho, big win!!

Yes, it is taxable.

EDT3 · 21 September 2011, 03:21 AM

Quote:

Originally Posted by Lol-x

So you guys in the USA have to pay tax on prizes you win????

Yep! Line 21 of Form 1040 as it falls under "Other Income". The IRS always wants it cut.

dsio · 21 September 2011, 03:54 AM

Quote:

Originally Posted by EDT3

Yep! Line 21 of Form 1040 as it falls under "Other Income". The IRS always wants it cut.

If you have a spare link after sizing, can't you just mail that off and be done with it?

spyderco10 · 21 September 2011, 03:47 PM

Quote:

Originally Posted by dsio

If you have a spare link after sizing, can't you just mail that off and be done with it?

taxes must be paid in cash

Danand · 21 September 2011, 03:43 AM

Quote:

Originally Posted by Lol-x

So you guys in the USA have to pay tax on prizes you win????

That's not the case in Australia, all prize winnings are not taxable unless you are a professional gambler or in the business of betting (e.g. professional horse race punter).

Same in Canada. If you have the good fortune to win it it is yours, scot free as they say. (even if it is one of the huge 50 million dollar jackpots).
What a nice win. Even with the taxes you end up with a great watch for a good price.

20 September 2011, 01:10 PM	#2
sleddog TRF Moderator & 2024 SubLV41 Patron Join Date: Jul 2007 Real Name: Rob Location: Nearby. Posts: 24,931	Pics and maybe a little more info on how you acquired it? __________________ He who wears a Rolex is always on time, even when late!! TRF's "After Dark" Bar & Nightclub Patron-Founding Member..

20 September 2011, 01:22 PM	#4
mazakmustang "TRF" Member Join Date: Sep 2011 Location: New Mexico Watch: 40mm Daytona Csmo Posts: 10	The piece was won at a charity car show. It was offered by a very well know jewlery shop in my area. It is a 40mm s/s Daytona Csmo w/blk dia srl#G18####. I go by the jewlers tomorrow to pick up the box and paperwork. Last edited by sleddog; 20 September 2011 at 01:28 PM.. Reason: Edit serial number!

20 September 2011, 01:23 PM	#6
MortgageGuy "TRF" Member Join Date: Jun 2009 Real Name: Adam Location: Orlando, Florida Watch: Me Posts: 9,935	Congrats!!! I would edit your post above and remove the serial number except for the prefix letter Looking forward to some pics, that is an amazing prize __________________ The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki

20 September 2011, 01:29 PM	#13
Joey_V "TRF" Member Join Date: Jan 2008 Real Name: Joey Location: Dallas, TX Watch: SS Sub 16610 M Posts: 3,824	Isn't that like a 30,000 watch? Dang!!! __________________ Current Rotation: Rolex Submariner Date (M) - 1/08, Rolex Milgauss GV (V) - 2/10, Rolex SS Black Daytona (V) - 6/10, Rolex GMTIIC (G) - 5/11, TAG Heuer Silverstone (286/1860) - 1/2015 Former-watches: Omega PO/2535.80/2254, TAG Carrera/F1x2/Monaco, Panerai 312K/292L Wish List: Panerai 270/505, Rolex SMURF, Rolex RG Daytona, Rolex DSSD

20 September 2011, 01:58 PM	#14
Lol-x Facilitator Join Date: Nov 2005 Real Name: Steve Location: Omnipresent Posts: 33,587	That is the solid 18K white gold case and bracelet model Daytona. The do sell for around $25,000. So you are one very lucky guy!!!! Congrats __________________ *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

20 September 2011, 01:01 PM	#1
mazakmustang "TRF" Member Join Date: Sep 2011 Location: New Mexico Watch: 40mm Daytona Csmo Posts: 10	Won A Rolex I am a new member and wanting more information about the piece I won. It is a Daytona Ref#116509. It is the most amazing thing I have owned, my father has one as well as 10 others. I was told it is a rare watch and am wondering what makes it that way. Please leave any infromation you may know about it. Thanks

20 September 2011, 01:20 PM	#3
RolexV3 Banned Join Date: Mar 2007 Real Name: Vince Location: West Virginia Watch: Rolex DSSD & DJ Posts: 902	Looks like its this style from what I found in a search

20 September 2011, 01:25 PM	#10
mazakmustang "TRF" Member Join Date: Sep 2011 Location: New Mexico Watch: 40mm Daytona Csmo Posts: 10	Tickets were only $100 and I purchased 3 what luck

21 September 2011, 11:14 AM	#15
rodrob59 "TRF" Member Join Date: Jun 2011 Real Name: Rod Location: Atlanta, GA Watch: YG DD 18238 Posts: 1,540	[QUOTE=Lol-x;2749682]That is the solid 18K white gold case and bracelet model Daytona. The do sell for around $25,000. And I was going to offer him $500. Thanks a lot!!

20 September 2011, 01:59 PM	#16
evilfij "TRF" Member Join Date: Aug 2011 Location: Main Line PA Watch: TT Daytona Panda Posts: 269	Congrats! Set aside the money for the taxes on it now!

20 September 2011, 02:01 PM	#19
hennabav Banned Join Date: Mar 2009 Real Name: Jon Location: New England Watch: --Rolex-- Posts: 2,391	Congrats!! That's awesome!!

20 September 2011, 02:05 PM	#20
james89 "TRF" Member Join Date: May 2011 Real Name: Tho Location: So Cal Watch: Nomos Club Datum Posts: 273	I think you should push your luck a bit and go buy a lottery ticket!!!

20 September 2011, 02:49 PM	#21
jatco 2024 SubLV41 Pledge Member Join Date: Feb 2010 Real Name: Thomas Location: YVR Watch: 116233/79190 Posts: 50,540	What fabulous Luck.. For real...!! Its a keeper, buddy... Enjoy..! __________________ . ..- ' A Crown for every achievement '

20 September 2011, 03:09 PM	#22
Feras Banned Join Date: Aug 2011 Real Name: Feras Location: Bahrain Watch: Rolex,Tag Posts: 1,923	Wow, a mustang won a rolex !

20 September 2011, 03:25 PM	#23
HACKNSACK44 "TRF" Member Join Date: Jan 2009 Real Name: Chuck Location: Orlando Watch: 114060 Posts: 8,450	Congrats!! __________________ 114060

20 September 2011, 03:27 PM	#24
Lol-x Facilitator Join Date: Nov 2005 Real Name: Steve Location: Omnipresent Posts: 33,587	So you guys in the USA have to pay tax on prizes you win???? That's not the case in Australia, all prize winnings are not taxable unless you are a professional gambler or in the business of betting (e.g. professional horse race punter). __________________ *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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