Day-Date 40 (228328)

[Hendrikus]

Having completed my collection of Rolex Sports watches, time to turn one's focus on the next (long-term) addition. I think I need to add something a little more classic : other that my (albeit beautiful) 1978 Datejust, I just have Submariner and GMT's.

I've been looking at the Day-Date 40 - fluted yellow gold, with champagne dial. The MRSP for this watch is £30,200 here in the UK.

So a question (being someone who really has only focused on the Sports market these last few years) is whether this is a watch which is best to pick up used? Is it hard to get etc?

[Twisted Vicar]

I wouldn't be paying RRP for one. You should be able to get one new for around £25k or pre owned for around £21k.

There's quite a few on C24 (UK sellers) to give you an idea.

[rmlovett1]

I went your same direction...mostly sport, then moved into DJ, DD, etc....
I’d never go new at the AD for this, unless they’d match the new price from my sources here on TRF. My last two DD’s I bought were new from trusted seller here, the AD couldn’t match their discount on new. I have bought pre-owned PM from trusted sellers here, but only pristine pieces with nice discount. It’s a reference that’s not hard to get,(gorgeous btw) at least in the US.

[watchwatcher]

Originally Posted by Richris1

I’d never go new at the AD for this, unless they’d match the new price from my sources here on TRF.

Yes...this is my thought as well. I remember trying one on at the AD a couple of years ago (okay, I was fondling it ) and they made me an offer that was probably about 4k away from what our trusteds would do at the time for a BNIB piece. TBH, I didn't press the matter or try to negotiate, so I'm not sure if I could have gotten it any closer or not.

FWIW however, it does seem the secondary market pricing has risen dramatically on this piece in that time span, so it would be worth your time to do some comparison shopping.

[peterpl]

I think this is the natural progression. Everyone starts with SS Rolex's then everyone moves onto Precious Metal.

I think pretty much all of the watch fans I know have taken this road. In the watch clubs and group gatherings that I frequent thats the natural progression usually.

Get it you wont regret it. But as others say get it from a gray dealer or slightly used but mint condition. Will save you a bit but in this crazy days of Rolex even PM pieces have increased from their prices from last year.

[huncho]

probably best to get a mint used one if you want to minimize the depreciation but if you can get 20% off at an AD then it would be a tough choice

i was going the used route for my dd but got a great deal from an AD and decided to take it considering it was my first PM watch and i don't plan to ever sell it

[peterskinner]

Here in the UK you can get 10% from an AD. Nicer to buy from a proper Rolex store if you can. I'm still waiting for mine, after nearly four months. And the price has gone up!
If you prefer to buy 'grey', check the watch has the modified movement, and changes correctly around midnight. Early versions didn't but that should all be sorted now.
Have fun....

[R!$]

If it is something you are planning to pass on perhaps buying new isnt a bad idea