Daytona prices are softening

[smiles11]

Originally Posted by Alo(ha)waii

Wow, that was quick. I think if 2020 White Dials are listed at $20-21k they'll be gone quick. In my opinion, I just don't see NIB 2020 White Dials dipping below 20.

Agree. And boy did that one sell fast! A unicorn BNIB price for one lucky individual.

[dmash]

Originally Posted by Alo(ha)waii

Wow, that was quick. I think if 2020 White Dials are listed at $20-21k they'll be gone quick. In my opinion, I just don't see NIB 2020 White Dials dipping below 20.

There’s another brand new one from 2017 just listed as a one day auction!

[kalo925]

Originally Posted by smiles11

Agree. And boy did that one sell fast! A unicorn BNIB price for one lucky individual.

Hasn't sold at all. Relisted as same auction from the same seller.

[locutus49]

I heard ceramic Daytonas are going for 8K new and the price is dropping. I'm a buyer at 5K.

[kalo925]

Originally Posted by dmash

There’s another brand new one from 2017 just listed as a one day auction!

A scam..
https://omegaforums.net/threads/yet-...e-true.110644/

[smiles11]

Kalo925 - good catch on both accounts. $21,500 is a nice deal if it truly is unworn BNIB. Someone should jump on that.

[GMT Aviator]

Originally Posted by smiles11

Kalo925 - good catch on both accounts. $21,500 is a nice deal if it truly is unworn BNIB. Someone should jump on that.

Are you serious?!

I just don’t understand the hype around this watch and neither the insane prices it’s been commanding as of late.

Everything is on the way down, Daytona’s included.

Anyone buying at that price can’t have an ounce of common sense, but there again, there’s one born every minute.

[dmash]

Originally Posted by kalo925

A scam..
https://omegaforums.net/threads/yet-...e-true.110644/

What are you talking about? How is it a scam? This link has nothing to do with the listing I mentioned, that seller has over 2000 feedback and has TONS of items listed. It actually looks like someone who buys lots and is clearing inventory.

[dmash]

Originally Posted by GMT Aviator

Are you serious?!

I just don’t understand the hype around this watch and neither the insane prices it’s been commanding as of late.

Everything is on the way down, Daytona’s included.

Anyone buying at that price can’t have an ounce of common sense, but there again, there’s one born every minute.

+1, I’d hate to be catching that falling knife right now.

[smiles11]

Originally Posted by GMT Aviator

Are you serious?!

I just don’t understand the hype around this watch and neither the insane prices it’s been commanding as of late.

Everything is on the way down, Daytona’s included.

Anyone buying at that price can’t have an ounce of common sense, but there again, there’s one born every minute.

This topic is so sensitive it seems. lol I’m not going to buy it, but from what I’ve read on here. Some bought BNIB with caseback/bracelet stickers for $23 and some change a couple times.

So I’m just saying $21,5 sounds a lot better. Different strokes for money makin folks

[kalo925]

Originally Posted by dmash

What are you talking about? How is it a scam? This link has nothing to do with the listing I mentioned, that seller has over 2000 feedback and has TONS of items listed. It actually looks like someone who buys lots and is clearing inventory.

Did you read anything from the body of the auction? Could be a hijacked account. CLEARLY a scam and exactly like people are mentioning in the link I posted. It's possible you are looking at another auction than I am. Item number: 324137027868

How about sharing the auction number you are looking at???

This item is only available for fast sale ( Buy It now)THE BUY IT NOW PRICE IS :
United States -------- 2800 USD
Europe --------------- 2600 EUR
Canada --------------- 3950 CAD
Australia------------- 4650 AUD
United Kingdom ------- 2250 GBP
IF YOU ARE READY 100% TO BUY IT NOW FOR THE ABOVE PRICE INCLUDING SHIPPING
-OPEN DAILY DEALS EBAY TODAY LINK-

[kalo925]

Originally Posted by dmash

What are you talking about? How is it a scam? This link has nothing to do with the listing I mentioned, that seller has over 2000 feedback and has TONS of items listed. It actually looks like someone who buys lots and is clearing inventory.

Yeah over 2000 feedback and over 5000 auctions listed. Many different items, the text of each auction looks the same, at least for the several I looked at. And in each action there is a link designed to look like you are going to an Ebay website, but of course you aren't.. Hijacked account.

Edit: 4700 listings from this seller have just been deleted. ;)

[crowatch]

Originally Posted by kalo925

2009 to 2015 the stock market doubled too. S&P 500 1000 -> 2000. Daytona definitely could be close to retail before too long, maybe a few years..?? The stock market could go nowhere during the next 10 years. I suppose there could be inflation at some point with all the money the fed is pumping in, but I suspect more wealth in the next years will be lost than they pump in, so might even get deflation.

I was tracking some prices on Chrono24 the past 2 weeks. Seems like Daytona is down more than others.. Lowest price black 116500 at $18500 same as Sept 2019..

Good points
We could be looking at Japan’s “lost decade”

[boogiebot]

Originally Posted by smiles11

To each their own opinion

To fsprow point above. Economies have plans to open in the not too distant future. That information alone across each country, shows the bottom has come and gone. We will now have to wait and see as to if it comes back again at end of year

Ok so the question becomes even if things do open up how much money actually flows?? Tourism, hotels and flights are going to take some time before they are stable. I have a friend who over sees revenue for a very large hotel chain and they are in survival mode. Even when things open up again there is no way they see the revenue needed to even break even.


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[GMT Aviator]

Originally Posted by smiles11

This topic is so sensitive it seems. lol I’m not going to buy it, but from what I’ve read on here. Some bought BNIB with caseback/bracelet stickers for $23 and some change a couple times.

So I’m just saying $21,5 sounds a lot better. Different strokes for money makin folks

Oh, yes, I agree. If one has money to burn and buys into the hype then the price to scratch the itch becomes irrelevant to some extent, but sadly that is going to see a lot of non WIS Instagram followers taking a huge bath.

All of a sudden that do or die Daytona at any price doesn’t look so great after all because no ones interested when they’ve got bigger real life problems to get through.

Nothing is going to stop what’s coming to the market value of these over hyped references. $21k vs $23k on face value looks like a saving, but in reality it’s just the start.

They may end up selling slightly above MSRP once the dust settles, but I wouldn’t bet on it.

No amount of Instagram hyping is going to keep these prices over inflated now. It’s all over for the carpet baggers.

[dmash]

Originally Posted by kalo925

Yeah over 2000 feedback and over 5000 auctions listed. Many different items, the text of each auction looks the same, at least for the several I looked at. And in each action there is a link designed to look like you are going to an Ebay website, but of course you aren't.. Hijacked account.

Edit: 4700 listings from this seller have just been deleted. ;)

Ah sorry I was on mobile and didn’t check out the details! Good catch!!!!

[socalwatchcollector]

Originally Posted by GMT Aviator

Are you serious?!

I just don’t understand the hype around this watch and neither the insane prices it’s been commanding as of late.

Everything is on the way down, Daytona’s included.

Anyone buying at that price can’t have an ounce of common sense, but there again, there’s one born every minute.

I have to agree with this. As a collector and watch enthusiast for close to 30 years it truly is mind boggling to me. AP or a PM piece at the very least.

[dmash]

Originally Posted by socalwatchcollector

I have to agree with this. As a collector and watch enthusiast for close to 30 years it truly is mind boggling to me. AP or a PM piece at the very least.

+1

Of course everybody has their opinion, but I’ve never seen a watch so (unreasonably) hyped. I really fail to understand the big appeal. Yes it’s cool but not $25k cool. Not to mention, I only have a 7” wrist and I think the Daytona is too small, especially with the chrono functions and everything going on.

Different strokes for different folks I guess. However, without this internet hype and overpricing, 1/2 the people who own a Daytona probably wouldn’t even own it at MSRP. I truly think that a large amount of people don’t even love the watch, they just love the clout.

[The Argonaut]

Originally Posted by petay993

Daytona is bulletproof, it's the other stuff you need to worry about.

No, it isn't. Nothing is. I know people who have lost on gold, art, cars, property, you name it. Everything depends on how black this swan is.

[GGGMT]

Originally Posted by kalo925

Did you read anything from the body of the auction? Could be a hijacked account. CLEARLY a scam and exactly like people are mentioning in the link I posted. It's possible you are looking at another auction than I am. Item number: 324137027868

How about sharing the auction number you are looking at???

This item is only available for fast sale ( Buy It now)THE BUY IT NOW PRICE IS :
United States -------- 2800 USD
Europe --------------- 2600 EUR
Canada --------------- 3950 CAD
Australia------------- 4650 AUD
United Kingdom ------- 2250 GBP
IF YOU ARE READY 100% TO BUY IT NOW FOR THE ABOVE PRICE INCLUDING SHIPPING
-OPEN DAILY DEALS EBAY TODAY LINK-

And now it’s removed. Yep scam.


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[GGGMT]

Originally Posted by socalwatchcollector

I have to agree with this. As a collector and watch enthusiast for close to 30 years it truly is mind boggling to me. AP or a PM piece at the very least.

Yep. There’s always fads, and this is one of them at this time. Peoples attention will go somewhere else and 2x MSRP will seem funny.


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[thomaspp]

Why do you even look at asking prices? Just try and sell a Daytona or Pepsi or whatever (even if you don’t have one) and you will see how soft the market is


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[Alo(ha)waii]

Originally Posted by thomaspp

Why do you even look at asking prices? Just try and sell a Daytona or Pepsi or whatever (even if you don’t have one) and you will see how soft the market is


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Just try? Lol. Try what? Put one up for sale - BNIB 2020 White Dial $20,000. I’ll buy it. I bet you a lot of people would. If it was listed for $24,000, that’s a different story.

Value of $ is different in everyone.

[MrBenF]

Originally Posted by dmash

+1

Of course everybody has their opinion, but I’ve never seen a watch so (unreasonably) hyped. I really fail to understand the big appeal. Yes it’s cool but not $25k cool. Not to mention, I only have a 7” wrist and I think the Daytona is too small, especially with the chrono functions and everything going on.

Different strokes for different folks I guess. However, without this internet hype and overpricing, 1/2 the people who own a Daytona probably wouldn’t even own it at MSRP. I truly think that a large amount of people don’t even love the watch, they just love the clout.

Originally Posted by GMT Aviator

Are you serious?!

I just don’t understand the hype around this watch and neither the insane prices it’s been commanding as of late.

Everything is on the way down, Daytona’s included.

Anyone buying at that price can’t have an ounce of common sense, but there again, there’s one born every minute.

Ditto for other ‘hot’ watches-Nautilus, RO and a few others. Nautilus could be bought from ADs with discount prior to 2017 (according on posters on the Patek forum) and the $28k watch was trading at almost 3x just a couple of months ago.

Did anyone mention RM?


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[smiles11]

Also, as others have mentioned. There is value in peace of mind. Would I want to buy $22k from a private seller that has no reputation or background to ensure you’re getting what you want? Or pay a couple extra grand for some peace of mind from a reputable grey market dealer.

I choose the ladder honestly. But then again. I don’t have much use for my money other than spending it on watches and such. So don’t take it from a 1% guy.

Shout out to DEI in Boca Raton, FL. My favorite grey. And no they don’t pay me lol Ive just purchased a few pieces from them including a Daytona and they are truly authentic and genuine people to work with

[kumar75203]

Originally Posted by GMT Aviator

Are you serious?!

I just don’t understand the hype around this watch and neither the insane prices it’s been commanding as of late.

Everything is on the way down, Daytona’s included.

It's a really versatile watch and it's a Rolex so people will notice, but I'm with you. $24k for a stainless Rolex is insane.

Reminds me of the 911R hype with Porsche.

[Morrison0]

Guys, I am not sure why this is even a topic...every Rolex watch, any watch pricing will soften. Also, if you bought any SS Rolex at MSRP you want lose much money or perhaps make a little bit on pieces like The Daytona. People can ask what they want, any deal won’t pay a premium to buy from sellers. Let the economy come back and in a year or two maybe these numbers or something close to this will show up. If you bought at the top of the market or bought to flip...sorry, won’t work out for you in the short or medium term. I have over $80k into pieces including the hot Rolex models, I am not losing sleep since it’s money that does not materially make a difference to my financial status. Sorry to be blunt, I sometimes feel that people are hoping for some miraculous return to normal...COVID-19 has shaved off nearly 9 Trillion $$’s from the world economy...given the stress I see going around I sometimes get the feeling too many people “invested” in watches...hopefully I am wrong.


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[aw9nineteen]

Originally Posted by Alo(ha)waii

Just try? Lol. Try what? Put one up for sale - BNIB 2020 White Dial $20,000. I’ll buy it. I bet you a lot of people would. If it was listed for $24,000, that’s a different story.

Value of $ is different in everyone.

Really? I’m sure there are some out there at that price already if you ask around. Have at it.

There’s no way I’d pay that much lol, there’s just no reason to. Sorry but out of principle I couldn’t pay that much over MSRP, for anything.

I also think that if they all start going down to 20, then the wise person is going to think, hmm, how far will they go. It’s hard to buy in when you’re watching the decline.


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[crowatch]

The title of the thread is that Daytona prices are softening.
Yes they are softening
Yes, the whole world is softening

yes, its possible that Daytona will trade at MSRP or below..anything is possible at this point given the circumstances.
Some people paid 24K for Daytona..its ok, some people paid 390 for Boeing stock and now its like 150. Market prices changes.

in before the lock

[smiles11]

Originally Posted by aw9nineteen

Really? I’m sure there are some out there at that price already if you ask around. Have at it.

There’s no way I’d pay that much lol, there’s just no reason to. Sorry but out of principle I couldn’t pay that much over MSRP, for anything.

I also think that if they all start going down to 20, then the wise person is going to think, hmm, how far will they go. It’s hard to buy in when you’re watching the decline.


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There’s absolutely ZERO listings at $20k for a white dial BNIB. Get real. Especially a 2019/2020.

Not even pre-owned 97% excellent condition is listing under $20k right now