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DrLindaPhD · 16 March 2013, 05:19 PM

While on a combined business and vacation trip to Newport Beach, Ca., I decided to visit the AD at Fashion Island where new Rolex watches are sold. The AD let me try on the Prince ($34,000) but changed the subject when I asked to try on the Platinum DD that sells for $60,000+ then I compared it and it was almost the exact same watch as an 18k yellow gold DD for $36,000 and the AD said that the movement is the same. With platinum being almost the same price now as gold, I'm not convinced that a platinum DD is worth almost twice as much as a yellow gold DD.

I know that platinum is more durable. The AD told me that in the late 80s a platinum DD sold for 1/10 of what it is selling for now. It is crazy how this market has no logic to it.

Psmith · 16 March 2013, 05:21 PM

Beautiful pieces - sounds like a fun visit!

zhiunit · 16 March 2013, 05:28 PM

platinum still does sell less than gold on a weight based exchange, its just VERY difficult metal to make a watch out of and it is the cost of craftsman ship u will be paying for when buying platinum AND the weight =)

MonBK · 16 March 2013, 05:48 PM

Wooha, a Platinum DD for 6k in the late eighties.

Why didn't I buy a bunch of them back then?

Oh I just remembered, they were around 25k.

HRV · 16 March 2013, 06:11 PM

Did you like the prince?

Kingair · 16 March 2013, 06:16 PM

Quote:

Originally Posted by HRV

Did you like the prince?

Not my cup of tea . . .

HAGwe

Bangel · 16 March 2013, 06:21 PM

You're right. There is no logic to it.

Nevertheless, people like us will continue to hand over our money for watches we like.

padi56 · 16 March 2013, 08:27 PM

This is why Rolex uses terms like Platinum and gold on there ceramic inserts simply because they sound expensive to match the crazy prices.

mjclark32 · 16 March 2013, 08:38 PM

Sounds like a good time

SeaDweller50 · 16 March 2013, 08:39 PM

Very good point Padi.

gpfps · 16 March 2013, 10:22 PM

I think the price is high for the Plat. because the nature of the metal is hard to mill and stamp. A lot more time is spent in the making of the watch compared to the soft 18k gold.

Tudor66 · 16 March 2013, 11:52 PM

I like the Prince Linda.., it's different, and it's a new Rolex...

I've been to that store, plenty of great watches there...!

sea-dweller · 17 March 2013, 01:19 AM

Nice photos!

nick c · 17 March 2013, 02:02 AM

thanks for sharing enjoy

shofzr · 17 March 2013, 02:17 AM

Not only is Platinum harder to work with compared to Gold, Platinum content in Rolex watches is 95% with 5% alloys while Current Rolex Gold content is 75% Gold with 25% alloys.

Cheers

Soly20 · 17 March 2013, 02:32 AM

Thanks for sharing.

Hairdude1 · 17 March 2013, 02:56 AM

Thanks for sharing!

DrLindaPhD · 17 March 2013, 03:33 AM

Correction, the Prince I tried on was $16,000 the rose gold DD that I was looking at was $34,000 and the Platinum was over $60,000.

I was not sufficiently impressed with the new Prince to even remotely thinking of paying over $10,000 for it with a leather strap no less. I'd rather have a mint condition vintage Prince for that kind of money.

djemmtee · 18 March 2013, 04:56 AM

i love that AD, thats my go to place :) nice pics.

kilyung · 18 March 2013, 07:31 AM

Quote:

Originally Posted by DrLindaPhD

I know that platinum is more durable. The AD told me that in the late 80s a platinum DD sold for 1/10 of what it is selling for now. It is crazy how this market has no logic to it.

Actually .95 platinum has a lower HRV rating than 18k gold.

Culley22 · 18 March 2013, 07:53 AM

I saw one a Prince in the For Sale forum...I like the look of that watch. Not a fan of the leather strap, but I sure like the look of the Prince (especially for a change up watch)!!!!

16 March 2013, 05:19 PM	#1
DrLindaPhD "TRF" Member Join Date: Aug 2012 Real Name: Linda Location: New York State Watch: Boys Tudor Sub Posts: 1,131	A visit to Fashion Island, Newport Beach, Ca., Rolex While on a combined business and vacation trip to Newport Beach, Ca., I decided to visit the AD at Fashion Island where new Rolex watches are sold. The AD let me try on the Prince ($34,000) but changed the subject when I asked to try on the Platinum DD that sells for $60,000+ then I compared it and it was almost the exact same watch as an 18k yellow gold DD for $36,000 and the AD said that the movement is the same. With platinum being almost the same price now as gold, I'm not convinced that a platinum DD is worth almost twice as much as a yellow gold DD. I know that platinum is more durable. The AD told me that in the late 80s a platinum DD sold for 1/10 of what it is selling for now. It is crazy how this market has no logic to it. Attached Images

16 March 2013, 05:21 PM	#2
Psmith "TRF" Member Join Date: Sep 2008 Real Name: Clive Location: Exoplanet Watch: spring-driven Posts: 38,856	Beautiful pieces - sounds like a fun visit! __________________

16 March 2013, 05:28 PM	#3
zhiunit "TRF" Member Join Date: Oct 2010 Real Name: zhi Location: delaware Watch: grandseiko sbgj001 Posts: 374	platinum still does sell less than gold on a weight based exchange, its just VERY difficult metal to make a watch out of and it is the cost of craftsman ship u will be paying for when buying platinum AND the weight =) __________________ -TT daytona gold crystal dial -SS/WG DJ 36mm rhodium dial diamond markers on jubilee -WG blue sub -Grand Seiko SBGJ001

16 March 2013, 08:27 PM	#8
padi56 "TRF" Life Patron Join Date: Jun 2005 Real Name: Peter Location: Llanfairpwllgwyng Watch: ing you. Posts: 53,063	This is why Rolex uses terms like Platinum and gold on there ceramic inserts simply because they sound expensive to match the crazy prices. __________________ ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder

16 March 2013, 08:38 PM	#9
mjclark32 "TRF" Member Join Date: Mar 2010 Real Name: MJC Location: PHL USA Watch: IWC, Rolex, AP Posts: 29,232	Sounds like a good time __________________

16 March 2013, 05:48 PM	#4
MonBK Banned Join Date: Nov 2010 Location: Kingstown Posts: 58,279	Wooha, a Platinum DD for 6k in the late eighties. Why didn't I buy a bunch of them back then? Oh I just remembered, they were around 25k.

16 March 2013, 06:11 PM	#5
HRV "TRF" Member Join Date: Apr 2012 Real Name: Andrew Location: johannesburg Watch: ROLEX Posts: 4,407	Did you like the prince?

16 March 2013, 06:21 PM	#7
Bangel "TRF" Member Join Date: Oct 2011 Location: Australia Watch: 116610LN Posts: 15,802	You're right. There is no logic to it. Nevertheless, people like us will continue to hand over our money for watches we like.

16 March 2013, 08:39 PM	#10
SeaDweller50 "TRF" Member Join Date: Feb 2012 Real Name: Sandy Location: England. Watch: 14060M 2 liner Posts: 3,204	Very good point Padi.

16 March 2013, 10:22 PM	#11
gpfps Banned Join Date: Aug 2008 Real Name: George Location: Detroit Michigan Watch: 18078 Posts: 1,142	I think the price is high for the Plat. because the nature of the metal is hard to mill and stamp. A lot more time is spent in the making of the watch compared to the soft 18k gold.

16 March 2013, 11:52 PM	#12
Tudor66 "TRF" Member Join Date: Aug 2011 Real Name: Al Location: California, USA Watch: GMT- Pepsi Posts: 3,462	I like the Prince Linda.., it's different, and it's a new Rolex... I've been to that store, plenty of great watches there...! __________________ -NAWCC Member

17 March 2013, 01:19 AM	#13
sea-dweller "TRF" Member Join Date: Oct 2007 Real Name: Dennis Location: Bay Area - 925 Posts: 40,018	Nice photos!

17 March 2013, 02:02 AM	#14
nick c Banned Join Date: Feb 2012 Location: Canada Posts: 26,846	thanks for sharing enjoy

17 March 2013, 02:17 AM	#15
shofzr "TRF" Member Join Date: Dec 2012 Real Name: Adrian Location: Dallas Watch: 218235 BronzeWaves Posts: 760	Not only is Platinum harder to work with compared to Gold, Platinum content in Rolex watches is 95% with 5% alloys while Current Rolex Gold content is 75% Gold with 25% alloys. Cheers __________________ Sea-Dweller 16600 Day-Date II 218235 Cellinum 5240/6 Speedmaster 125

17 March 2013, 02:32 AM	#16
Soly20 2024 Pledge Member Join Date: May 2012 Real Name: Soly Location: UK/US Watch: Rolex, AP, PP Posts: 3,089	Thanks for sharing.

17 March 2013, 02:56 AM	#17
Hairdude1 "TRF" Member Join Date: Apr 2012 Real Name: Alex Location: Chicago Watch: AP,PP, Rolex Posts: 37,156	Thanks for sharing!

17 March 2013, 03:33 AM	#18
DrLindaPhD "TRF" Member Join Date: Aug 2012 Real Name: Linda Location: New York State Watch: Boys Tudor Sub Posts: 1,131	Correction, the Prince I tried on was $16,000 the rose gold DD that I was looking at was $34,000 and the Platinum was over $60,000. I was not sufficiently impressed with the new Prince to even remotely thinking of paying over $10,000 for it with a leather strap no less. I'd rather have a mint condition vintage Prince for that kind of money.

18 March 2013, 04:56 AM	#19
djemmtee "TRF" Member Join Date: May 2006 Real Name: Mike Location: Tustin Watch: LV Sub Posts: 1,940	i love that AD, thats my go to place :) nice pics. __________________ 116610 LN 116713 LN Instagram: rolexfan69

18 March 2013, 07:53 AM	#21
Culley22 "TRF" Member Join Date: Sep 2012 Location: Nome, AK Watch: amacallit Posts: 719	I saw one a Prince in the For Sale forum...I like the look of that watch. Not a fan of the leather strap, but I sure like the look of the Prince (especially for a change up watch)!!!! __________________ 116333, 216570, PAM372

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