SD43 demanding Daytona C premiums?

[gregmoeck]

Originally Posted by japenney

David is allowed to ask whatever he wants. Like someone said there are plenty of people with money to burn. All it takes is one. That being said...im sure if you walked into an AD and offered them a large premium on a 43mm SD they would have you one in a week or so...and then you could have it straight from the horses mouth.

I don't know...I think some of the greys spend several hundreds of thousands a year at a single AD and they get first dibs on anything they want. Also many AD would love to have the back door relationship and would overnight the hot watch just to start the flow.....

[JP Chestnut]

Originally Posted by droptopman

No issue with David posting his price. Market will decide what it is worth. I like David and will do business with him again. I'm not in the market for this watch but if I was I would be tempted to jump the line and try to work out a deal.

Observation of the market though. The Daytona 116500 still has a lot of demand and it was an updated version of a watch that has been out for some time.
The SD50 is pretty much a totally new watch. New everything, not just a dial and bezel.

Not taking a position just an observation on the market and demand.

It's all supply side. If they make Daytona numbers of these, the prices will be crazy. If not, it will end up another sub - pricewise.

[JP Chestnut]

Originally Posted by Daytonaman799

I can't imagine this will be as limited as the Daytona C or even the D Blue. In the meantime i saw an english dealer hawk the idea that the red text will be short lived and that it will go to white in the next year or two. I honestly don't see that happening but the hype level thanks to the internet and geeks like us is impressive.

Nonsense. People said the exact same thing about the "anniversary green" accents on the black gmt2c. Still there 10 years later.

[JP Chestnut]

Originally Posted by Old Geezer

Rolex should just give AD status to the grey sellers, that seems to be where the desirable pieces are sold anyways. Unless someone is a VIP, it doesn't appear a normal retail customer has a snowball's chance of acquiring anything desirable at an AD.

I walked into an AD yesterday and was offered one of the half blue DSSDs after three minutes of chatting. That was an "oh my gaaawd I have to have it" watch last year.

[AS1]

Originally Posted by gregmoeck

I don't know...I think some of the greys spend several hundreds of thousands a year at a single AD and they get first dibs on anything they want. Also many AD would love to have the back door relationship and would overnight the hot watch just to start the flow.....

absolutely right. grey market makes the Rolex world go round, it's just the Rolex Service Center in NY who don't play along

[breitlings]

Originally Posted by StarryNights

The only issue I see with being impatient is that if you pay that asking price, once the price and supply normalizes, you lose that extra 7k you paid for it and can never get it back. It's a great watch and it's really growing on me, but patience is key.

Unless Red letters only last one year and there aren't many delivered (and they become sought after and appreciate).

[schnitzerphilip]

Originally Posted by brandrea

Interesting point of view and never thought of comparing it to vintage

You may have stirred up a hornets nest

Originally Posted by AS1

well said

Originally Posted by Daytonaman799

This is a GREAT point. In the meantime if you walk into a boutique in NYC they basically laugh at you when you bring it up or you can go here and get one from DavidSw or other trusted sellers. In some ways its more satisfying to buy it here. How wants to be laughed at when they are seeking a DaytonaC or SD or any other watch fir that matter. Dignity has a price too....

Originally Posted by Fleetlord

If you want this watch specifically and have the funds, it's the best way to go...No AD lists to contend with. All the favoritism and nonsense that go on with that...No need to spend $$$$$ on a purchase history just to be put on this honorable list..This is the premium to avoid all that hassle and have it NOW. Take it or leave it...

Thank you for the support, Gents. It's not like I wanted to pay more, but it was my only option as I'm not one of these special preferred customers who buys a few luxury watches a year and has a relationship with an AD. A year ago within 24 hours of Basel I got myself on the 5th Avenue NYC AD waiting list and was number 68. I called the dealer a year later, he acted like I was bothering him with my question, as if calling him once a year was some big hardship for him. He tells me I'm now number 58.

With that reward for my patience and doing it the so-called "right way", I found a grey dealer locally through this forum, grabbed a $3,500 Datejust I never wore to make up the purchase price delta, and within a day had a Daytona Ceramic on my wrist.

So thank God for grey dealers. Whether selling us below MSRP on a more common timepiece or selling us above MSRP for something incredibly hard to obtain, they serve a meaningful function for those of us who only buy a new Rolex every 5 or 10 years.

[dnpina]

Good for David. And good for whatever individual has enough dough to spend it on an impractical anachronism. It's not my money.

[gregmoeck]

Lol free marketing it is..what's the price of the first SS skydweller?

[schnitzerphilip]

Originally Posted by Goin2drt

No name calling and I really don't care what anyone does with their money HOWEVER the difference to me between premium and vintage is this. Usually when that vintage example is obtained it is valued at that amount or could go up. When someone spends $7k over as in the Davidsw example the real value will be less when the frenzy is over therefore to me and only in my own personal opinion wasting that money if the difference between the premium and real value. End if the day I don't buy vintage and I don't pay over MSRP so just my observation.

Good post and I respect your opinion. Here's my counter to your argument:

Vintage (I own several pieces) is high-risk. We're at or near the very top of the market and these watches don't last forever, we know they have parts like bezels, dials, hands, and cases that all erode over time, and the retro craze can go out of fashion in a finger snap. So to say that they "could go up" needs to be cautioned with a very big "yeah, but they could go way down too" if finicky trendy buyers decide that old cameras or Sony Walkmen are the next must-have instead of a piece of jewelry.

As for "wasting money", how do you define that? Just last week I paid my terrible football team $4,500 for season tickets that will probably produce the enjoyment of one home victory. Over the weekend, I paid $7,000 for two of my kids to attend 7 weeks of summer camp. Just today, I paid $3,200 for 2 nights hotel in Santorini Greece for a trip in June. Tickets, camp, vacation. $14,700. Is that "wasted"? All my family is going to get are some memories, by the time October rolls around it would seem that we lit that money on fire.

So what's the big deal about overpaying $3,500 to get a Daytona that will live on my wrist for 20 years? Am I not getting more enjoyment and more "value" for my money through a watch than these other endeavors?

[brandrea]

Originally Posted by schnitzerphilip

Good post and I respect your opinion. Here's my counter to your argument:

Vintage (I own several pieces) is high-risk. We're at or near the very top of the market and these watches don't last forever, we know they have parts like bezels, dials, hands, and cases that all erode over time, and the retro craze can go out of fashion in a finger snap. So to say that they "could go up" needs to be cautioned with a very big "yeah, but they could go way down too" if finicky trendy buyers decide that old cameras or Sony Walkmen are the next must-have instead of a piece of jewelry.

As for "wasting money", how do you define that? Just last week I paid my terrible football team $4,500 for season tickets that will probably produce the enjoyment of one home victory. Over the weekend, I paid $7,000 for two of my kids to attend 7 weeks of summer camp. Just today, I paid $3,200 for 2 nights hotel in Santorini Greece for a trip in June. Tickets, camp, vacation. $14,700. Is that "wasted"? All my family is going to get are some memories, by the time October rolls around it would seem that we lit that money on fire.

So what's the big deal about overpaying $3,500 to get a Daytona that will live on my wrist for 20 years? Am I not getting more enjoyment and more "value" for my money through a watch than these other endeavors?

That's a hell of a room in Santorini I like how you roll

Carry on ...

[Lol-x]

It all comes down to what one perceives as 'value' which is a very personal subjective matter.

[AS1]

Originally Posted by schnitzerphilip

Good post and I respect your opinion. Here's my counter to your argument:

Vintage (I own several pieces) is high-risk. We're at or near the very top of the market and these watches don't last forever, we know they have parts like bezels, dials, hands, and cases that all erode over time, and the retro craze can go out of fashion in a finger snap. So to say that they "could go up" needs to be cautioned with a very big "yeah, but they could go way down too" if finicky trendy buyers decide that old cameras or Sony Walkmen are the next must-have instead of a piece of jewelry.

As for "wasting money", how do you define that? Just last week I paid my terrible football team $4,500 for season tickets that will probably produce the enjoyment of one home victory. Over the weekend, I paid $7,000 for two of my kids to attend 7 weeks of summer camp. Just today, I paid $3,200 for 2 nights hotel in Santorini Greece for a trip in June. Tickets, camp, vacation. $14,700. Is that "wasted"? All my family is going to get are some memories, by the time October rolls around it would seem that we lit that money on fire.

So what's the big deal about overpaying $3,500 to get a Daytona that will live on my wrist for 20 years? Am I not getting more enjoyment and more "value" for my money through a watch than these other endeavors?

you sound like a fellow Jets season ticket holder... i feel the pain, trust me...

[Stirling Moss]

So I don't want to stir up more controversy, but where did David a watch like this Sea Dweller? It's not like he's helping out a dealer with moving inventory out of Rolex's accounting reaches. Any dealer could sell this in a heartbeat with no discounting. Is there a cash bonus kick back?

[brandrea]

Originally Posted by Stirling Moss

So I don't want to stir up more controversy, but where did David a watch like this Sea Dweller? It's not like he's helping out a dealer with moving inventory out of Rolex's accounting reaches. Any dealer could sell this in a heartbeat with no discounting. Is there a cash bonus kick back?

He bought it from an AD.. It's the only way to buy one

[gregmoeck]

Originally Posted by Stirling Moss

So I don't want to stir up more controversy, but where did David a watch like this Sea Dweller? It's not like he's helping out a dealer with moving inventory out of Rolex's accounting reaches. Any dealer could sell this in a heartbeat with no discounting. Is there a cash bonus kick back?

Perhaps the dealer knows David and said I will sell it to you for 14k instead of one of my customers for retail price...the ad makes 2k, does not have to deal with the customer and said reseller marks it up another 2k

[gregmoeck]

There is probably not even any actual cash exchanged at this point...

[Brian Page]

Interesting stuff guys... We'll have to see how the market goes on this one. Cool watch though... I think David has the right to get whatever he can get on a hard to find piece. Seems like the same thing every year...

[Bigsykedaddy]

Originally Posted by Stirling Moss

So I don't want to stir up more controversy, but where did David a watch like this Sea Dweller? It's not like he's helping out a dealer with moving inventory out of Rolex's accounting reaches. Any dealer could sell this in a heartbeat with no discounting. Is there a cash bonus kick back?

He could have paid over retail like some said, but more than likely he spent probably $200k last year with that AD buying slow movers and SS sports models alike and he's probably one of the ADs best customers so he gets first dibs (just my guess of course, but it makes sense)

[henry333]

Originally Posted by lee fowler

Sorry but I disagree, I cannot see this ever being in stock at an AD.

Your from uk. There always nothing there especial ss sports models. Come check out the US. Many in stock but we don't get your kind of good prices.

[Mick P]

Originally Posted by Ferdelious

DavidSW has the first SD43 listed for $18k on his website. Is it really going to demand that premium?

If someone want's it and if they have the spare cash, it is their business and no one elses. No need for us to even comment on it.

Presumably DavidSW will pay tax on the profits, so the taxpayer gets a share of the action. What's not to like about it.

Regards

Mick

[Tampashooter]

Originally Posted by Bigsykedaddy

He could have paid over retail like some said, but more than likely he spent probably $200k last year with that AD buying slow movers and SS sports models alike and he's probably one of the ADs best customers so he gets first dibs (just my guess of course, but it makes sense)

David probably spends 200k a month with some AD's.

[bdex75]

Supply and demand. As simple as that. And a lot of Daytona "wait listers" who are getting yanked around to help fuel the demand fire.

Would I pay that, nope. Will David get it, yep. If he hasn't got it already.

The heart wants what the heart wants and sometimes the brain can't/won't get in the way.


Sent from my iPhone using Tapatalk

[Ferdelious]

Wow this thread escalated quickly! It was never my intention to bash David, he is the best in the business IMO and I am a customer. I only used him as an example because he was not surprisingly the first grey dealer to receive one. I just couldn't believe that this watch could demand a Daytona C premium but I guess there are those that might pay it.

[schnitzerphilip]

Originally Posted by Ferdelious

Wow this thread escalated quickly! It was never my intention to bash David, he is the best in the business IMO and I am a customer. I only used him as an example because he was not surprisingly the first grey dealer to receive one. I just couldn't believe that this watch could demand a Daytona C premium but I guess there are those that might pay it.

I don't think anyone criticized David, in fact I think this thread brought to light that a) grey market dealers are to be respected for bringing rare new Rolex product to buyers who lack special AD relationships and b) grey market buyers paying over MSRP are part of the Rolex family and shouldn't be treated as 'fools' because they don't play by established Rolex rules and can buy their way out of AD purgatory.

Grey market rocks. I'd be waiting 6 more years for a Daytona Ceramic if not for them, they allowed me to get out of the Rolex caste system, I'm very grateful.

[OgSnowflake]

Not any different than my local Porsche dealer wanting 20-50k over sticker for a new gt3 allocation..you can't buy one anywhere else, wait lists are heavy, no idea what kind of numbers will be released....so what are you forced to do if you want one bad enough.... pay

You can't buy a sd43 anywhere else right now...wait lists are heavy... no idea what kinda numbers will be released ... if you want it bad enough...you gotta pay

If you're the only one who holds the product,you set the price.

Hope he gets every bit of his ask price, only fools leave money on the table when the demand is scorching hot. I'd keep raising it 2-3k bucks every time I got another one til they stopped selling.

[waterman1]

Watch is showing "sold". I think he sold it.

[brandrea]

Originally Posted by waterman1

Watch is showing "sold". I think he sold it.

Shocker

[waterman1]

Are these not trickling into the AD's now? I thought they were. It seems a few people got the first batch and so I would suspect more will show up soon or are already at the AD?

[brandrea]

Originally Posted by waterman1

Are these not trickling into the AD's now? I thought they were. It seems a few people got the first batch and so I would suspect more will show up soon or are already at the AD?

From what I was told, the Boutiques are getting the first allocations

I would imagine there is a pecking order to which AD's get what new releases and when.