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24 September 2014, 02:14 AM | #1 |
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Why is submariner kept best value?
Hello guys,
The Datejust is the best selling Rolex. When people think of Iconic Rolex, 80% prob will think of Datejust. A 1980 Datejust can be found $1200+ A 1980 Submariner is average around $5000 What makes Submariner kept better value? I think both models are equally popular and both has lots volume on the market. OR should I say most of Rolex kept good value except Datejust? Then think of some vintage Cellini, AK, ExploreI & II, they are only doing alright. Day-Date kept its value mostly by nature of its material. Nothing really like Submariner. Pepsi & Coke GMT are close to sub but not stronger. What is it? |
24 September 2014, 02:20 AM | #2 |
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The Sub is awesome and many people want to have a least one.
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24 September 2014, 02:23 AM | #3 |
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Versatility,ruggedness, spys, and action heros.
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24 September 2014, 02:25 AM | #4 |
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Because.....
Sports models were less popular then and more popular now + the world population and sports model fanbase has increased = Demand now for vintage sports models exceeds the supply = High prices for vintage sports models. Datejusts have always been a big seller all over the world with tons of different variations and there's buttloads of them out there, from vintage all the way through to new = Supply that exceeds demand = Reasonable prices for used & vintage Datejusts.
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24 September 2014, 02:51 AM | #5 |
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I think we're also seeing a shift in tastes. People are less likely to wear dress watches and more likely to wear "sports" watches, even with suit and tie. Walk into a current AD, and the sports models, particularly stainless steel, are on tighter allotment and not discounted as much as other models.
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24 September 2014, 02:54 AM | #6 | |
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24 September 2014, 02:59 AM | #7 |
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Great explanation. And this dynamic is even more evident in the Valjoux Daytonas.
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24 September 2014, 03:00 AM | #8 | |
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24 September 2014, 03:04 AM | #9 | |
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24 September 2014, 03:14 AM | #10 |
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24 September 2014, 03:28 AM | #11 |
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In addition to our society being more casually dressed than the past, my thought is that the 36mm DJ simply suffers from the variety of material/dial/bezel/bracelet choices available, not to mention the bigger DJII. Say you have a domed with silver Arabic on Jubilee. You need to find the buyer that wants that particular configuration above all the others available to choose from. So the price gets lowered in order to move it. It is much easier to find a buyer that wants the black dial/black bezel Sub you're selling.
As Henry Ford said about the Model T - "You can have any color you want as long as it's black."
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24 September 2014, 03:31 AM | #12 |
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I agree the Sub and Sub date hold their value very well.
So does the GMT and Daytona. But can you find a SS DJ for $1200? |
24 September 2014, 03:42 AM | #13 |
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In addition to the reasons already mentioned, 36 mm watches just aren't in as much demand, because tastes have changed and maybe because people are bigger. Now there is a DJII on offer, which surely cuts into the vintage DJ market for people more drawn to a bigger sized dressier watch.
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24 September 2014, 04:04 AM | #14 |
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My 14060 cost $4300. A bit lower than the $5000 quoted. I've found a number at that lower price; it's not that uncommon.
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24 September 2014, 04:08 AM | #15 |
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24 September 2014, 04:44 AM | #16 |
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No one wanted Daytonas at that time but they are more valuable than both the sub and datejust added together
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24 September 2014, 06:20 AM | #17 |
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Used product are based on the market, hence we have "market value"
People are willing to spend 5 thousand on a used Sub as the Sub is highly collectable and there is considerable demand. The DJ is an excellent watch and is an excellent value. There are more of them available at many price points, but it is not high on the collectors list and so not as many folks are willing to pay as much as the Sub commands. That's just the way it is.. Lot's of Ford Falcons out there too, but people will pay a lot more for a Mustang..
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24 September 2014, 06:26 AM | #18 |
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24 September 2014, 06:28 AM | #19 |
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You might have a few DJ owners take exception to that comparison...
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24 September 2014, 06:44 AM | #20 |
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The submariner 40mm size is also more main stream today, where as a 36mm by today's standards is quit small.
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24 September 2014, 06:47 AM | #21 | |
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They did share components: the Falcon and the Mustang ;) - great analogy
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24 September 2014, 06:52 AM | #22 | |
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but i love this beauty from 1988 also http://www.rolexforums.com/attachmen...1&d=1411505502
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24 September 2014, 06:54 AM | #23 |
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Like any other market : Supply and Demand
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24 September 2014, 06:56 AM | #24 |
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all about demand really.
if more people want them, the market will naturally adjust itself. simple.
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24 September 2014, 07:02 AM | #25 |
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For me, probably because of the "James Bond" connection, I always thought of a Sub when I thought of a Rolex long before I even really knew anything about the Rolex.
To me the Sub Rolex was a rugged, albeit expensive tool watch. It was an action watch. Anything else in the line, to me at the time was a woman's Rolex. if you were a man of adventure, or the "most interesting man in the world".....you wore a Sub. |
24 September 2014, 07:40 AM | #26 | |
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24 September 2014, 08:35 AM | #27 |
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Yeah, but the Falcon was essentially an economy car, hardly applicable to the DJ...
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24 September 2014, 08:56 AM | #28 |
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When you add sport to a name, or deem something to be sporty, it instantly adds awesomeness to a product.
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24 September 2014, 09:04 AM | #29 |
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24 September 2014, 09:08 AM | #30 |
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Watch it's not about investment. Why should I concern about future value!!??
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