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Old 11 June 2010, 11:02 PM   #1
mtrunner
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Gold Daytona being sold at a NYC Costco

I know people have posted they have seen Rolex watches at Costco before but I was beyond shocked when I was in the NYC Costco yesterday and saw a Gold Rolex Daytona with Leather Strap for $14,500. I didn't have a camera or my phone on me so I could not snap a photo but it was this watch.
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Old 11 June 2010, 11:44 PM   #2
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the Costco in Manhattan?
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Old 11 June 2010, 11:48 PM   #3
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Not a bad price for a 116518 considering list is $20,300
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Old 11 June 2010, 11:51 PM   #4
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the Costco in Manhattan?

Yes the one in Harlem on 116th Street. Yeah the price isn't bad. Not sure what year it was though. Do the newer Gold Daytonas have Rolex engraved on the Rehaut? This model didn't but I wasn't sure if the Gold Daytona's have this nor not.
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Old 11 June 2010, 11:57 PM   #5
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Quote:
Originally Posted by mtrunner View Post
I know people have posted they have seen Rolex watches at Costco before but I was beyond shocked when I was in the NYC Costco yesterday and saw a Gold Rolex Daytona with Leather Strap for $14,500. I didn't have a camera or my phone on me so I could not snap a photo but it was this watch.
Don't know why you were shocked a watch is only a commodity just like any other goods that are sold in todays so called free market.And as long as watch was genuine and cheaper myself would buy it no matter where it was sold.Its a pity there was more places like Costco then perhaps we could all enjoy far cheaper Rolex watch prices.
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Old 12 June 2010, 12:01 AM   #6
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Don't know why you were shocked a watch is only a commodity just like any other goods that are sold in todays so called free market.And as long as watch was genuine and cheaper myself would buy it no matter where it was sold.Its a pity there was more places like Costco then perhaps we could all enjoy far cheaper Rolex watch prices.
Yes I know it is a commodity and there have been Rolex watches reportedly seen at Costco before but they are usually not one of the higher end Rolexes. I guess I was surprised to see a higher end Rolex there. That's all.
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Old 12 June 2010, 12:29 AM   #7
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Yea it's normally subs and the like at Costco. I think this might be a first.
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Old 12 June 2010, 01:31 AM   #8
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If it doesn't have the rehaut inscription then it is likely to be second hand, at least 3 years old.

$14,500 is far too strong for a second hand 116518.

Perhaps I'll write Mr Costco a letter and tell him that he must get with the programme.
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Old 12 June 2010, 01:39 AM   #9
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wow!
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Old 12 June 2010, 02:12 AM   #10
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I think this is CRAZY
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Old 12 June 2010, 04:17 AM   #11
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Did they have anything else of note ?
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Old 12 June 2010, 04:38 AM   #12
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They had a women's TT Datejust with the fluted yellow gold bezel with the 12 diamonds embedded in it. It was priced at $10,500. They also had a couple of Omega's but I didn't look closely at these watches since I am not a huge Omega fan.
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Old 12 June 2010, 04:43 AM   #13
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Originally Posted by Welshwatchman View Post
If it doesn't have the rehaut inscription then it is likely to be second hand, at least 3 years old.

$14,500 is far too strong for a second hand 116518.

Perhaps I'll write Mr Costco a letter and tell him that he must get with the programme.
It might not be secondhand. Very well could be just new, old stock. There have been plenty of Rolexes that have sat at ADs for years before they were eventually acquired (either thru the AD or thru a subsequent grey market source)......
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Old 12 June 2010, 04:46 AM   #14
mtrunner
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It might not be secondhand. Very well could be just new, old stock. There have been plenty of Rolexes that have sat at ADs for years before they were eventually acquired (either thru the AD or thru a subsequent grey market source)......
I think it was new but definitely an older model that was probably sitting at an AD for a while. One thing I also noticed is there were no stickers on the model.
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Old 12 June 2010, 05:33 AM   #15
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Quote:
Originally Posted by mtrunner View Post
Yes the one in Harlem on 116th Street. Yeah the price isn't bad. Not sure what year it was though. Do the newer Gold Daytonas have Rolex engraved on the Rehaut? This model didn't but I wasn't sure if the Gold Daytona's have this nor not.
Interesting. Considering the area, I would find it hard to see that one flying off the Costco shelf.
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Old 12 June 2010, 06:55 AM   #16
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My local Costco has a Patek lady's watch in the case for $29,500.

No Rolex though.
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Old 12 June 2010, 09:16 PM   #17
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May be I should start going to Costco myself occassionally.
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