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20 June 2011, 10:22 PM | #1 |
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Rolex Prices
Hi all,
I have just been looking through the Rolex brochure as you do I got to the Daytona section and could not believe what I saw... There is a Rolex Daytona on croco strap ref. 116599 RBR down at £59,470.- It has got round cut diamonds on the bezel and pave diamond dial. I look at the watch next to it; Daytona 116599 TBR on croco with sqaure cut diamonds which appear to have no gaps between and it puts the price up by a WHOPPING 21K!! Retail on the watch is £80,440.- ouch!! Why should a different diamond cut put the price up by £20K? If anybody can explain to me why them diamonds are worth so much more please doo!!! I understand its a harder cut to do but £20K? Sorry if I have blabbed on but that shocked me Dino
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20 June 2011, 10:27 PM | #2 |
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diamonds are sold by weight. The square diamonds (precisely they are taper-shaped...) will have a significant higher weight than the round ones. Plus a channel setting is far more expensive than a traditional setting with drilled holes ;)
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20 June 2011, 10:28 PM | #3 |
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Thanks for the info, I thought the same but 20K? huh?!!
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20 June 2011, 10:32 PM | #4 |
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.... if you ask your jeweller about the price for these kind of diamonds, you will see a HUGE delta between this price and Rolex's retail prices - no matter if these are round diamonds or taper-shaped ones.
But one could safely say, that the extra diamond weight plus the channel setting justifies a 30% premium. |
20 June 2011, 11:05 PM | #5 | |
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Quote:
But to the OP - unless you are in the market for the more expensive of the two and are ready to buy, why does this even matter? |
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20 June 2011, 11:14 PM | #6 |
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I am interested in a new rolex purchase, I have the book to check prices. I stubbled upon this and was curious so I asked you guys on here. Thats what this forum is for right?
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20 June 2011, 11:19 PM | #7 |
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Were you planning on buying one?
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20 June 2011, 11:20 PM | #8 |
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It matters because he's intrigued about the huge difference. It's not for you or I to determine what anyone else is allowed to think about.
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20 June 2011, 11:22 PM | #9 |
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I'm just weighing up my options
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20 June 2011, 11:26 PM | #10 |
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What sort of quality are these watch diamonds anyway? I recall the Three Cs of engagement rings, but I would have to think these little buggers are too small for all that business...
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20 June 2011, 11:31 PM | #11 |
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Not so sure, I would imagine them to be a good carat weight. Maybe not per stone but overall in the watch my guess is about 2-3 carats? I know Rolex use the highest quality of Diamonds sapphires and Rubys as it states in one of the books. Please do forgive me if i'm wrong about the carat weight!!
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21 June 2011, 12:35 AM | #12 |
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Usually, round diamonds command the highest prices based on just shape. However, since the cushion cut (square) diamonds are more bottom heavy in proportion to their table (the top part you would see) than a round, the overall weight of diamonds has to be more substantial in that bezel. Also, if what you said about Rolex only using top grade diamonds, it is harder to find excellent cut and polished cushion cut diamonds in comparison to a round so that might factor in as well.
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21 June 2011, 12:52 AM | #13 |
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Are you, by any chance, confusing the 116599 BR with the 116599 RB? I've just been checking the price lists myself (don't have the catalogue to hand, but have the full price list from this
Here are the prices I could find: 116599BR BLACK P14 PAVE, BLACK ARABIC £59,470 116599TB BLACK P14 PAVE BLACK ENAM ARAB £80,440 116599RB BURGUNDY P8 PAVE, BLACK ROMAN £80,440 I think the price you quoted was for a different model, although without the master catalogue in front of me, I can't give a proper description |
21 June 2011, 01:16 AM | #14 | |
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Quote:
116599RBR £59,470.- 116599 TBR £80,440.- I'm 100% the price list I'm looking at is correct with it being the latest book. Cheers mate
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21 June 2011, 01:32 AM | #15 | |
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Quote:
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21 June 2011, 01:43 AM | #16 | |
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Thanks for your help Chris Dino
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21 June 2011, 03:12 AM | #17 |
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21 June 2011, 03:14 AM | #18 | |
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J. Alan |
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22 June 2011, 07:30 AM | #19 |
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I did some research, and the difference between the two is that the more expensive one manages to pack an extra 1.25Ct of diamonds into the bezel. Still, a massive price difference!
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22 June 2011, 07:37 AM | #20 | |
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1.25ct.. wow, thats not really alot for the money is it?!! Thats a real shock, you could by a 1.25ct solitaire diamond ring VVS 1 Diamonds top quality for around £3,000.00 Rolex are charging £20,000.00 more for princess cut stones, which make up an extra 1.25 overall! Gheeeze Thanks for the help mate Dino
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22 June 2011, 07:56 AM | #21 |
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Which reminds me, whats the CHEAPEST country to buy your Rolex from? I'm guessing its USA?
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22 June 2011, 08:18 AM | #22 |
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The US and England are pretty close these days, I'd personally think the UK would be the cheapest
P.S.- I may be wrong! Dino
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22 June 2011, 08:26 AM | #23 |
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its NOT singapore. Bloody hell, monstrous prices there. UK VAT is at 20% so I'm pretty sure UK prices are more than USA. What about Switzerland?
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23 June 2011, 12:52 AM | #24 |
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I went through duty free in Geneva Airport a while back, and it was more expensive there than on the high street in the UK! Just shows how great the pound is doing against the Swiss Franc :-(
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