Day/Date Value Retention Observation

[tomchicago]

Forgive my ignorance, but wanted to get your comments on the following observation:

Rolex Day/Date watches seem to depreciate more rapidly, on a percentage basis, than do stainless steel models, especially the "function/sport" watches such as Subs, GMTs, etc. Is this true & if so why?

[sakuraba]

Of the dress watches I was under the impression that the DD held its prices relatively well compared to DJs and OPs.

Compared to SS watches though, precious metal watches have not fared quite as well, DDs included.

[Jackxv]

A 35 year old DD will fetch something new prize then at minimum

A 35 year old SS watch has also maintained it's prize or better.

A 35 years old sportswatch will fetch 10X it's original price (any model)

I don't think there's a lot a depreciation.

There's almost nothing you've bought 35 years ago for daily use that's you can still use and kept its value like a Rolex watch.




Jack

[Tools]

Originally Posted by tomchicago

...
Rolex Day/Date watches seem to depreciate more rapidly, on a percentage basis, than do stainless steel models, especially the "function/sport" watches such as Subs, GMTs, etc. Is this true & if so why?

Any used market functions on supply and demand..

The demand for Stainless Steel models is high and always has been. The demand for precious metal watches, which the DD is, is not high. Therefore market values stay high for sport watches because there is always somebody willing to pay.. Prices are pushed downward in the market for other models because the price needs to be set at a level where it will sell........

This is also true of the same sport models in Gold... they eventually drop to close to the value of their Stainless Steel counterparts...

[hhh007]

I find it amazing that you can buy a really nice older solid 18K gold Day-Date for about the same price as a new DSSD or GMTII in SS or whatever, I think they are a steal by comparison, especially considering gold is now near $1200.00 per oz. and what a beautiful and classic watch the older Presidents are.

[tomchicago]

Originally Posted by hhh007

I find it amazing that you can buy a really nice older solid 18K gold Day-Date for about the same price as a new DSSD or GMTII in SS or whatever, I think they are a steal by comparison, especially considering gold is now near $1200.00 per oz. and what a beautiful and classic watch the older Presidents are.

HHH you put it well. I've noticed the same. Only trouble about the vintage pieces is I hate to think about the potential for hacky dealer shortcuts that may have been taken to bring them to market.