The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 7 August 2018, 03:58 AM   #1
gery82
"TRF" Member
 
gery82's Avatar
 
Join Date: Mar 2014
Location: Dabas, Hungary
Posts: 356
Trade for 116520 or keep my 1016?

Hello guys,

As you probably know I own a 1016 and 14060. Now I have arrived to a decision point when I have the opportunity to trade my R series 1016 (no b&p) for a 116520 (box) from 2004.

Here’s a photo of each.



Normally I buy a watch for both investment and pleasure. In this particular case I’m bit more inclined towards value appreciation concerns. I know that a 1016 is already a vintage model thus probably great value. On the other side though you have the Daytona a much more sought after model which happens to be discontinued too. So which one guys?

Looking forward to know your opinions on this trade scenario.

Thank you


Sent from my iPhone using Tapatalk
gery82 is offline   Reply With Quote
Old 7 August 2018, 04:45 AM   #2
timeldn
"TRF" Member
 
Join Date: Feb 2018
Location: London
Posts: 606
Great choice, I would go for the 116520 which is no longer in production and prices are increasing, Very strong and robust movement. The Daytona reference are very sought after pieces.
timeldn is offline   Reply With Quote
Old 7 August 2018, 05:29 AM   #3
exador
Banned
 
Join Date: Dec 2014
Location: NZ
Posts: 2,600
Quote:
Originally Posted by timeldn View Post
Great choice, I would go for the 116520 which is no longer in production and prices are increasing, Very strong and robust movement. The Daytona reference are very sought after pieces.
You’ve also described the 1016.
exador is offline   Reply With Quote
Old 7 August 2018, 05:42 AM   #4
dubins930
2024 ROLEX SUBMARINER 41 Pledge Member
 
dubins930's Avatar
 
Join Date: May 2017
Real Name: Aaron
Location: WA
Posts: 840
No way I'm trading that 1016, it is (in my opinion) the greatest Rolex reference ever made. It is perfection
dubins930 is offline   Reply With Quote
Old 7 August 2018, 05:46 AM   #5
turnleftgofast
"TRF" Member
 
Join Date: May 2018
Location: London, UK
Posts: 93
Trade for 116520 or keep my 1016?

Quote:
Originally Posted by exador View Post
You’ve also described the 1016.


Correct.

As much as I adore the 116520 I’d take the 1016 for its simplicity and elegance, especially one which appears to be in such good condition.

A straight trade probably worth it on paper at today’s values but... sometimes logic doesn’t always win out.
turnleftgofast is offline   Reply With Quote
Old 7 August 2018, 05:47 AM   #6
Navarino
2024 Pledge Member
 
Join Date: Feb 2018
Location: USA
Posts: 3,411
I'd have a really hard time giving up that 1016. This is a tough one where "better to add than sell" comes to mind but I am guessing is not feasible here. If I had to give up one for the other, I likely wouldn't.
Navarino is offline   Reply With Quote
Old 7 August 2018, 05:55 AM   #7
Boba Fett
"TRF" Member
 
Join Date: Feb 2018
Location: Kamino
Watch: Star Wars
Posts: 382
How often do 1016's come up in that condition?
I like both but the watch of Ian Fleming has a great attraction. It's a crass, imho, suggestion but I would hold and save for the Daytona as they will be available where as the 1016 is a rarer bird if I'm right.
Boba Fett is offline   Reply With Quote
Old 7 August 2018, 05:58 AM   #8
007_Omega
"TRF" Member
 
007_Omega's Avatar
 
Join Date: Jul 2017
Location: Galaxy
Watch: Explorer
Posts: 905
Depends on your personality at the end of the day. These are night and day watches...

The Daytona is blingy and it stands out while the 1016 Explorer is about as subtle as you can possibly get from a Rolex.
007_Omega is offline   Reply With Quote
Old 7 August 2018, 05:59 AM   #9
dafuture
"TRF" Member
 
dafuture's Avatar
 
Join Date: Jan 2017
Location: NYC
Posts: 1,944
I'd probably keep the 1016. It would be incredibly difficult to replace.

Out of curiosity, why not flip the 14060 and add some funds to purchase the 116520? That way you'd have one modern and one vintage.
__________________
Current
Rolex Submariner 126610LN || Cartier Tank Americaine
dafuture is offline   Reply With Quote
Old 7 August 2018, 06:05 AM   #10
gery82
"TRF" Member
 
gery82's Avatar
 
Join Date: Mar 2014
Location: Dabas, Hungary
Posts: 356
Trade for 116520 or keep my 1016?

Quote:
Originally Posted by dafuture View Post
I'd probably keep the 1016. It would be incredibly difficult to replace.

Out of curiosity, why not flip the 14060 and add some funds to purchase the 116520? That way you'd have one modern and one vintage.


Yea well don’t throw rocks at me, but I find my 14060 to be the perfect watch. It’s the typical GADA watch as ppl like to call today a tool watch

I know that eventually I’m gonna sell the 1016, the question might be rephrased like this: should I do this trade or wait and sell later down the road in hope of more profit?


Sent from my iPhone using Tapatalk
gery82 is offline   Reply With Quote
Old 7 August 2018, 06:07 AM   #11
gery82
"TRF" Member
 
gery82's Avatar
 
Join Date: Mar 2014
Location: Dabas, Hungary
Posts: 356
Thanks for the input so far. I might keep it for a straight out sell later. I was just thinking along the lines of increasing value of 116520s, altho this might very well be true for 1016s as well.


Sent from my iPhone using Tapatalk
gery82 is offline   Reply With Quote
Old 7 August 2018, 06:52 AM   #12
vintageguy
"TRF" Member
 
Join Date: Nov 2014
Location: GMT-7
Posts: 90
trade for 116520

Quote:
Originally Posted by dafuture View Post
i'd probably keep the 1016. It would be incredibly difficult to replace.

Out of curiosity, why not flip the 14060 and add some funds to purchase the 116520? That way you'd have one modern and one vintage.
+1
vintageguy is offline   Reply With Quote
Old 7 August 2018, 03:05 PM   #13
SearChart
TechXpert
 
SearChart's Avatar
 
Join Date: May 2012
Location: Earth
Posts: 23,639
I would NEVER sell a 1016, especially not if it looks as good as that one.
__________________
Quote:
Originally Posted by GB-man View Post
Rolex uses rare elves to polish the platinum. They have a union deal and make like $90 per hour and get time and half on weekends.
SearChart is offline   Reply With Quote
Old 7 August 2018, 09:14 PM   #14
1William
2024 SubLV41 Pledge Member
 
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 47,764
I prefer the Daytona.
1William is offline   Reply With Quote
Old 8 August 2018, 05:14 AM   #15
sensui
2024 Pledge Member
 
sensui's Avatar
 
Join Date: Jan 2016
Location: San Diego, CA
Posts: 12,443
Would not make that trade......recipe for regret IMO and I own both....would never trade any of my 1016s for a 116520.
sensui is offline   Reply With Quote
Old 8 August 2018, 05:32 AM   #16
CoveWatch
"TRF" Member
 
CoveWatch's Avatar
 
Join Date: Nov 2017
Location: SoCal
Watch: Rolex & AP
Posts: 4,535
that 1016 would be very difficult to find again if you missed it.. as much as I would prefer to wear the Daytona more, I also would not part with the 1016 for it... also the daytona only comes with box and no papers? Thats almost the same as no box or papers to me.. papers is what is important.. if you love that Daytona as well, maybe try to add it somehow? Good luck!
CoveWatch is offline   Reply With Quote
Old 8 August 2018, 05:40 AM   #17
Canforfair
"TRF" Member
 
Join Date: Jul 2017
Location: Dorset
Watch: DJ, 5513, SD, DAYT
Posts: 256
I love the Daytona but that’s a cool 1016. Hard to find . Daytona easier to find with box and papers..
hard decision to make ??
Thinking keep the 1016
Good luck !!!



Sent from my iPhone using Tapatalk
Canforfair is offline   Reply With Quote
Old 8 August 2018, 05:52 AM   #18
steffe
"TRF" Member
 
Join Date: Aug 2018
Location: Sweden
Posts: 17
100% keep the 1016. So much rarer and desirable :)
steffe is offline   Reply With Quote
Old 8 August 2018, 06:37 AM   #19
Md001
Banned
 
Join Date: Aug 2018
Location: USA
Posts: 113
Maybe if it was a different Rolex in comparison i would say trade.
Md001 is offline   Reply With Quote
Old 8 August 2018, 06:42 PM   #20
jezza17
"TRF" Member
 
Join Date: Nov 2009
Real Name: Alex
Location: Sydney, Australia
Watch: DRSD
Posts: 511
Keep the one you think you should. Follow your heart.
jezza17 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches

Asset Appeal

Wrist Aficionado

My Watch LLC


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.