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lightingball2 · 2 July 2019, 05:00 PM

What is with the Daytona’s approaching this price? I am seeing them now for 26-27K on the seller forums. Thoughts on this??

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rjstuf001 · 2 July 2019, 05:02 PM

Way too many people with more money than sense in this "look at me" world we live in now, so expect this trend to continue.

dxbtousa · 2 July 2019, 05:13 PM

Quote:

Originally Posted by rjstuf001

Way too many people with more money than sense in this "look at me" world we live in now, so expect this trend to continue.

Pretty much sums it up.

Mr JJ · 2 July 2019, 05:20 PM

Quote:

Originally Posted by lightingball2

What is with the Daytona’s approaching this price? I am seeing them now for 26-27K on the seller forums. Thoughts on this??

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Seen them going for $35K Aus

InitialAndPitch · 2 July 2019, 05:54 PM

$US26,000 in Hong Kong this week before the negotiation starts.

I saw a kid on the MTR wearing one. Showing it off to a friend. Kid admits that he picked it up at Lo Wu (commercial centre) in Shenzhen and that nobody can tell the difference. Kind of sad.

Monte Cristo · 2 July 2019, 05:54 PM

Quote:

Originally Posted by Mr JJ

Seen them going for $35K Aus

Tell him he’s dreamin

Mr JJ · 2 July 2019, 05:55 PM

Quote:

Originally Posted by Monte Cristo

Tell him he’s dreamin

Fleetlord · 2 July 2019, 05:57 PM

On the march to $50k...

Baring economic issues, there is no stopping this reference increasing to 4x retail.

JPS · 2 July 2019, 06:01 PM

Well the white one on WF has now sold & that was up for £22,500

Boaters · 2 July 2019, 06:01 PM

Crazy..

MinMay · 2 July 2019, 06:08 PM

Good. When BLRO hit 25k, Daytona should be 40k. And yes Daytona has that much demand and power.

Huge demand for panda combo.

Jonesy2099 · 2 July 2019, 07:21 PM

Anyone that pays more for a SS Daytona than a white gold one is mad.

brettpaul · 2 July 2019, 07:40 PM

Prices on the Daytona are heading the same way as the Patek 5711/1A for sure...300% or more of retail!

I just bought a BNIB fully stickered 116520 white dial from Europe for Euros 17,000. That's gone straight into the bank vault while I watch the mayhem from my sofa! *-)

Zippy+ · 2 July 2019, 07:42 PM

£28000 on a well known auction site ..

beshannon · 2 July 2019, 07:52 PM

Quote:

Originally Posted by lightingball2

What is with the Daytona’s approaching this price? I am seeing them now for 26-27K on the seller forums. Thoughts on this??

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I like mine

timlaw · 2 July 2019, 07:54 PM

A fool and his money......

Sorry if offence caused to the OP but people putting em in vaults is exactly the cause of the problem imo

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sinkholeninja · 2 July 2019, 08:11 PM

Quote:

Originally Posted by lightingball2

What is with the Daytona’s approaching this price? I am seeing them now for 26-27K on the seller forums. Thoughts on this??

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MSRP reflects true intrinsic value of this watch, while market value is whatever someone is willing to pay for it in the secondary market. Is Daytona worth 2 or 3x the MSRP? I would argue that it isn't, otherwise Rolex would have priced it at that level to begin with. However, since we live in a time of irrational exuberance, prices will very likely keep going up, until we get to another downward economic cycle.

JayHantz · 2 July 2019, 08:13 PM

Quote:

Originally Posted by Fleetlord

On the march to $50k...

Baring economic issues, there is no stopping this reference increasing to 4x retail.

Sadly I can see this happening. Really sucks for those who continue to want one to just wear and enjoy it.

MindMatter · 2 July 2019, 08:24 PM

It's about as easy to read the time on a tona as a crazy hours, not worth it for me.

watchmework · 2 July 2019, 08:37 PM

Quote:

Originally Posted by MindMatter

It's about as easy to read the time on a tona as a crazy hours, not worth it for me.

I completely agree with you. It’s a great looking reference but the fact that I can’t quickly look at it and see the time is a big no for me.

Sublovin · 2 July 2019, 08:41 PM

Quote:

Originally Posted by Fleetlord

On the march to $50k...

Baring economic issues, there is no stopping this reference increasing to 4x retail.

Only PM prices and a bit of common sense.....

whitelightning · 2 July 2019, 08:44 PM

Totally agree with you, JayHantz. Turned 84 two weeks ago and I'll probably never get to enjoy one without paying these prices.

grimps · 2 July 2019, 09:04 PM

Quote:

Originally Posted by whitelightning

Totally agree with you, JayHantz. Turned 84 two weeks ago and I'll probably never get to enjoy one without paying these prices.

I wouldnt worry too much . it's just the same for guys in their 40s

dardeca · 2 July 2019, 09:09 PM

Quote:

Originally Posted by rjstuf001

Way too many people with more money than sense in this "look at me" world we live in now, so expect this trend to continue.

+1. Makes no sense. I've never purchased any watch for over MSRP...nor will I. I hate this market of everything being difficult to get. I'm fortunate that I've developed several AD relationships over many years and they treat me well. Do I have to wait a little, yes...but they always get me what I ask in a reasonable period of time.

For those with no AD relationship, I do feel really bad for them...and I could see an argument for getting the watch of your dreams immediately if you went grey and had to pay a few thousand dollars over MSRP just to get it now. However, the prices for the SS Daytona are just ludicrous!!! Logic and common sense have left the building a long time ago on those models.

TimeToWatch · 2 July 2019, 09:17 PM

Anyone looking to make a quick buck is better off buying Bitcoin

Bigblu10 · 2 July 2019, 09:35 PM

Quote:

Originally Posted by Jonesy2099

Anyone that pays more for a SS Daytona than a white gold one is mad.

Absolutely!

AK797 · 2 July 2019, 09:47 PM

I look at mine and I don't really get it. It's worth a few grand over retail maybe, but no way double and increasingly triple it, just all so divorced from reality.

jsausley · 2 July 2019, 09:56 PM

Quote:

Originally Posted by AK797

I look at mine and I don't really get it. It's worth a few grand over retail maybe, but no way double and increasingly triple it, just all so divorced from reality.

Just a thought, but consider it's not the person who owns the watch who can determine what it's worth, but the person who wants to buy it.

Things are worth whatever people are willing to pay for them. Right now a loaf of bread is worth a few dollars, but in the event of enough demand (global famine) it could be worth more than gold.

Chester01 · 2 July 2019, 10:34 PM

Quote:

Originally Posted by lightingball2

What is with the Daytona’s approaching this price? I am seeing them now for 26-27K on the seller forums. Thoughts on this??

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At some point, someone will look down and say, I paid 30k for a watch that is illegible with a chronograph that is almost useless due to the same issue. Then the madness will end.

I mean from a value perspective the zenith el primero is like 6 grand, and a speedy pro can be had for under 4 grand, both infinitely more useful. Heck, the new navitimer reissue is a more interesting watch with more pedigree. But I digress, the Daytona in its current version is simply jewelry as most don’t care about the legibility issue and so may climb to even 50 grand.

timepieceluvr · 2 July 2019, 10:40 PM

A few thoughts enter my mind...

Stupidity
Insanity
Overrated
Foolishness
FOMO
YOLO
Credit cards

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2 July 2019, 05:00 PM	#1
lightingball2 "TRF" Member Join Date: Feb 2014 Real Name: Jeff K. Location: Sacramento, Calif Watch: Rolex Daytona Posts: 326	White Daytona’s approaching 30k What is with the Daytona’s approaching this price? I am seeing them now for 26-27K on the seller forums. Thoughts on this?? Sent from my iPad using Tapatalk

2 July 2019, 05:02 PM	#2
rjstuf001 "TRF" Member Join Date: Feb 2014 Location: CO, USA Watch: Made in Suisse Posts: 444	Way too many people with more money than sense in this "look at me" world we live in now, so expect this trend to continue. __________________ Rolex 14060M · 16710 · 114270 · 16570 · 116520 · 16200 Tudor 79090 Breitling · Hamilton · IWC · Jaeger-LeCoultre · Longines · Omega · Tag Heuer · Zenith

2 July 2019, 06:08 PM	#11
MinMay Banned Join Date: Apr 2015 Location: United States Posts: 2,410	White Daytona’s approaching 30k Good. When BLRO hit 25k, Daytona should be 40k. And yes Daytona has that much demand and power. Huge demand for panda combo.

2 July 2019, 07:40 PM	#13
brettpaul "TRF" Member Join Date: Sep 2008 Real Name: Brett Location: Bahrain, Dubai Watch: Rolex and AP Posts: 5,538	Prices on the Daytona are heading the same way as the Patek 5711/1A for sure...300% or more of retail! I just bought a BNIB fully stickered 116520 white dial from Europe for Euros 17,000. That's gone straight into the bank vault while I watch the mayhem from my sofa! *-) __________________ Photostream on Instagram brett_in_bahrain

2 July 2019, 07:54 PM	#16
timlaw "TRF" Member Join Date: Sep 2011 Real Name: Tim Location: Worcestershire,UK Watch: Coke 16710 Posts: 894	A fool and his money...... Sorry if offence caused to the OP but people putting em in vaults is exactly the cause of the problem imo Sent from my CLT-L09 using Tapatalk __________________ Tim. 124060 Submariner, 16710 Coke, 16570 Black dial, Datejust 41 Wimbledon dial, Tudor Black Bay GMT, Tudor Black Bay 58 Blue, Tudor Black Bay 58 925, Tudor Prince Date Chronograph (panda dial)

2 July 2019, 05:54 PM	#5
InitialAndPitch Banned Join Date: Mar 2019 Location: Australia Watch: GMT-II BLRO PEPSI Posts: 597	$US26,000 in Hong Kong this week before the negotiation starts. I saw a kid on the MTR wearing one. Showing it off to a friend. Kid admits that he picked it up at Lo Wu (commercial centre) in Shenzhen and that nobody can tell the difference. Kind of sad.

2 July 2019, 05:57 PM	#8
Fleetlord 2024 Pledge Member Join Date: May 2013 Location: Vain Posts: 6,023	On the march to $50k... Baring economic issues, there is no stopping this reference increasing to 4x retail.

2 July 2019, 06:01 PM	#9
JPS "TRF" Member Join Date: Aug 2008 Real Name: Jonathan Location: UK Watch: 116500 White&Black Posts: 1,360	Well the white one on WF has now sold & that was up for £22,500

2 July 2019, 06:01 PM	#10
Boaters 2024 Pledge Member Join Date: May 2015 Real Name: Mike Location: Pacific Northwest Watch: 116610LV 16710 SD Posts: 10,653	Crazy..

2 July 2019, 07:21 PM	#12
Jonesy2099 "TRF" Member Join Date: Aug 2016 Location: Milton Keynes Posts: 388	Anyone that pays more for a SS Daytona than a white gold one is mad.

2 July 2019, 07:42 PM	#14
Zippy+ "TRF" Member Join Date: Apr 2017 Location: On the rocks .. Posts: 400	£28000 on a well known auction site ..

2 July 2019, 08:24 PM	#19
MindMatter "TRF" Member Join Date: Jun 2019 Location: USA Posts: 8	It's about as easy to read the time on a tona as a crazy hours, not worth it for me.

2 July 2019, 08:44 PM	#22
whitelightning "TRF" Member Join Date: Feb 2014 Real Name: Don Location: Texas Hill Countr Posts: 122	Totally agree with you, JayHantz. Turned 84 two weeks ago and I'll probably never get to enjoy one without paying these prices.

2 July 2019, 09:17 PM	#25
TimeToWatch Banned Join Date: Dec 2013 Location: TRF Watch: Rolex & AP Posts: 1,757	Anyone looking to make a quick buck is better off buying Bitcoin

2 July 2019, 09:47 PM	#27
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,369	I look at mine and I don't really get it. It's worth a few grand over retail maybe, but no way double and increasingly triple it, just all so divorced from reality.

2 July 2019, 10:40 PM	#30
timepieceluvr "TRF" Member Join Date: Dec 2015 Location: USA Posts: 1,963	A few thoughts enter my mind... Stupidity Insanity Overrated Foolishness FOMO YOLO Credit cards Sent from my iPhone using Tapatalk

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