Got offer Day-Date President 40MM & 36MM - Take / Pass

[pk552502]

I don't like diamond dials and diamond bezels are even worse.

[tifosi]

Neither of these are an investment. Buy something you like and will wear until you're ready to pass it down.

Nothing says "dad's watch" like something you pulled out of a safe a week before you pass.

[2loaded]

Buy both and report the loss.

[Devildog]

Originally Posted by patek101

Hi, I walked into one of Rolex's stores in EUROPE, and they have this 2 DAYDATE to offer.

Is it hard to get or so so, and as far as investment, is this good?
I'm getting 14% tax back as well..

OYSTER PERPETUAL DAY-DATE 40 IN 18 CT WHITE GOLD WITH A BRIGHT BLUE DIAL, DIAMOND-SET BEZEL, AND A PRESIDENT BRACELET.
MODEL: m228349rbr-0005


PRICE: 40MM is $50000 USD FINAL - after tax back and everything

DAY-DATE 36 IN 18 CT WHITE GOLD, WITH A WHITE MOTHER-OF-PEARL, DIAMOND-SET DIAL, DIAMOND-SET BEZEL AND A PRESIDENT BRACELET.
MODEL: m128349rbr-0004


PRICE: 36MM is $47500 - FINAL - after tax back and everything

ADVISE will be appreciated,

BUY or PASS both?

Pass.

Those prices seem on the high side before you factor in the 14% tax refund.

14% is also a strange number - most European countries have VAT around 20/21%, with 17% being the lowest.

What country is the dealer in?

[puckybadger]

Are you new to the flipper game?

[WatchGuy1966]

Sounds like you are buying to flip them.

You should absolutely flip these two models.

That way someone who really wants them can enjoy them at a substantial discount when you sell them for a loss.

[Riic]

Originally Posted by WatchGuy1966

Sounds like you are buying to flip them.

You should absolutely flip these two models.

[Mathematoxic]

If I remember the secondary prices correctly, it’s an instant loss. It’s either a huge loss or you probably can’t find anyone to buy it. Buy only if you like it and wear it with joy.

[Laostuh]

It doesn't even sound like you like the Day Date to be honest.. I'd pass so someone who actually likes it and wants one can have one for the holidays.

[Jack T]

Neither of any interest to me, not a fan of diamond dials.

And…I buy to hold.

[shaunylw]

Rolex makes maybe 4-5 models right now i would consider either recession proof or an “investment” if you think of watches like that.

Stainless Daytona
Green JM Daytona
Anything in meteorite
The new fluted DD in platinum (for now)
Rainbow Daytona



That’s it. Everything else is could drop to MSRP. I wouldn’t buy anything in PM if i was buying watches as investments. I would wait until they are under retail which they likely will be soon. Meteorite is fairly limited, they just don’t kick out that many, same with the JM Daytona. Remember people selling OPs for 3-4x retail? What happened, they tanked. The BLRO was in the high 20s now you can get one for 18-19.

Rolex has always been a brand that’s good for value retention. If you bought something for 8k you were probably going to get close enough to 8k if you decided to sell it. The 3-4x retail thing is not normal, and it’s not sustainable outside of a few watches. People hunting for investments are better served putting money into a real investment. Not one managed by people passing watches back and fourth or “watch dealers” that bought one watch and flipped it and now feel like they have a business.


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[calebb90]

Buy both. Mortgage home if needed. You won’t get a chance like this again.


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