ss daytona

[chenx15]

Will the SS daytona regain the legendary status it had before the economic turmoil? let's be honest i am a SS daytona owner as well and i'm glad i got it during the time when there is an "over supply" of it and prices are down specially in the grey and preowned market here in north america and Asia.

so will it get it's status back? or will it be just like other SS professional rolex watches and it's legendary status will never come back?

i would appreciate it if no cynical or sarcastic replies will be made such as "i really don't care" response.

THanks!

[mfer]

I think Rolex was not happy with the secondary market, so they corrected it. They want their TT to be higher value than SS. Now they are getting closer to that. I think it has lost it's "status". I say "status" b/c I think it is a over-hyped watch. Don't confuse this with saying I don't like it. I like them a lot, just don't think it is the end all be all Rolex.

[spogehead]

No sign of anything changing in the UK they still have waiting lists for 3-4+ years and the grey market is still buoyant with prices still at £1500+ over list

[charliec]

Originally Posted by spogehead

No sign of anything changing in the UK they still have waiting lists for 3-4+ years and the grey market is still buoyant with prices still at £1500+ over list

What ????

Sorry to correct you but the most you have to pay for a BNIB now is £6500 MAX!!! I'm truely gutted to report this too. There was and is a BNIB "V" SS Daytona with 78590 for auction at £5750. This was bought a few weeks ago before the price hike. At present this is below RRP.
I sold a BNIB M SS Daytona with 78490 for £6150 after trying for £6500 for over 5 weeks !!

With regards the poll .................IT NEVER LOST ITS ALLURE MY MAN NOR STATUS

[boa2]

The Daytona still has legendary status. There isn't any less desire to have them, just a lot less cash out there right now.

[Ranfni]

Originally Posted by boa2

The Daytona still has legendary status. There isn't any less desire to have them, just a lot less cash out there right now.

EXACTLY

[chenx15]

Originally Posted by charliec

What ????

Sorry to correct you but the most you have to pay for a BNIB now is £6500 MAX!!! I'm truely gutted to report this too. There was and is a BNIB "V" SS Daytona with 78590 for auction at £5750. This was bought a few weeks ago before the price hike. At present this is below RRP.
I sold a BNIB M SS Daytona with 78490 for £6150 after trying for £6500 for over 5 weeks !!

With regards the poll .................IT NEVER LOST ITS ALLURE MY MAN NOR STATUS

Charlie, you think that UK will also lose the "premium" price on the daytona? how about the waiting list?

[charliec]

Originally Posted by chenx15

Charlie, you think that UK will also lose the "premium" price on the daytona? how about the waiting list?

Fact: The premium of £6500 has been attached to the SS Daytona ever since it was RRP £3800 nearly 3 yrs back !!! The fact that the RRP has increased by over 40%, the premium hasn't kept pace. The premium is still £6500 - £7000 with some cheeky greys asking £7500. However what has changed significantly is the fact that 3-4 yrs ago the only place you could buy a SS Daytona from were either an AD after an exhaustive wait or via a grey dealer (GD) charging you a massive premium. The difference now is that thanks to common knowledge of the premium paid and watches becoming more popular the common man (non GD), joe public is reselling the SS Daytona after his exhausting wait. So in order to compete against a GD , the Joe Public has to sell at a slightly lower price than that of the GD. The GD is prepared to sit on his stock in most cases whereas joe public can't !! That's why you can pick up SS Daytonas for between £6250 - £6500 all day long still, ONLY through Joe Public NOT GD's. However if it was left to the GD the price would be closer to £7000+ . Joe Public being involved has kept the premium stable.

The waiting list at AD's is still the exact same IMO. The difference being that many names now on it have either changed telephone number or no longer have the funds. A considerable amount of names on the list were on it purely for the resale premium also. Hence some people balking now at the purchase.

[spogehead]

Originally Posted by charliec

What ????

Sorry to correct you but the most you have to pay for a BNIB now is £6500 MAX!!! I'm truely gutted to report this too. There was and is a BNIB "V" SS Daytona with 78590 for auction at £5750. This was bought a few weeks ago before the price hike. At present this is below RRP.
I sold a BNIB M SS Daytona with 78490 for £6150 after trying for £6500 for over 5 weeks !!

With regards the poll .................IT NEVER LOST ITS ALLURE MY MAN NOR STATUS

Grey dealers I was referring to

http://www.watchfinder.co.uk/POAView.aspx?id=38562

http://www.watches.co.uk/watch.php?wid=0900P

[SLS]

Its economics 101, the economic downturn has decreased the demand, thus increasing supply which in turns affects the price. We will see it rise again.
~Scott

[TheVTCGuy]

This is an excellent post, and a question near and dear to my heart being a SS owner. Although prices have come down and availablity is up, I think they are still hard to get and will be for a long while, will they reach their coveted status like last year? Yeah, I think so....

[RLXer_WI]

I think that Rolex likes have a 'Hot' or 'Limited Availability' model such as the Daytona (otherwise, why would they continue to under produce it relative to demand?). However, in the future they might just do it with a new Daytona - maybe one with a date.

[TheVTCGuy]

However, in the future they might just do it with a new Daytona - maybe one with a date.

Oh LET IT BE SO!!!!!

[tsthk]

Originally Posted by TheVTCGuy

Oh LET IT BE SO!!!!!

Sorry, but I hope they NEVER come out w/ a date Daytona.

[chenx15]

Originally Posted by tsthk

Sorry, but I hope they NEVER come out w/ a date Daytona.

X2 on that I think daytona is one of those rolex that should never ever have a date.

[moby33]

Originally Posted by tsthk

Sorry, but I hope they NEVER come out w/ a date Daytona.

Sorry...I don't agree (assuming they offer a date & no-date version).

Why would it bother you if Rolex offered a Daytona that appealed to BOTH types of buyers? Makes no sense to me. And yes, there are plenty of people (myself included) that have passed on the Daytona because of the lack of a date. If you are a 100% 'Daytona Purist' that refuses to own a Daytona with a date, then great, don't buy a new date version. But, I personally don't understand the resentment of some when they can't stand the thought of a date being added to a new version???

If Rolex would have embraced that mentality our beloved Sub Date would have only been a fantasy. I'm all for adding a Daytona Date to the family and giving the consumer the ability to vote with their wallet. Somehow I don't think sales of a Daytona Date would languish and god knows it wouldn't take anything away from the 'Original Sans Date Daytona'. Cheers.

[tsthk]

Originally Posted by moby33

Sorry...I don't agree (assuming they offer a date & no-date version).

Why would it bother you if Rolex offered a Daytona that appealed to BOTH types of buyers? Makes no sense to me. And yes, there are plenty of people (myself included) that have passed on the Daytona because of the lack of a date. If you are a 100% 'Daytona Purist' that refuses to own a Daytona with a date, then great, don't buy a new date version. But, I personally don't understand the resentment of some when they can't stand the thought of a date being added to a new version???

If Rolex would have embraced that mentality our beloved Sub Date would have only been a fantasy. I'm all for adding a Daytona Date to the family and giving the consumer the ability to vote with their wallet. Somehow I don't think sales of a Daytona Date would languish and god knows it wouldn't take anything away from the 'Original Sans Date Daytona'. Cheers.

I don't resent the idea, I just think that adding a date would take something away from the spirit of the Daytona and as a fan, hope it was Rolex's intention to create and convey such an image.
I mean, it has practically become their signature. What's the first thing you see when you visit www.rolex.com?
I don't think Rolex is in the business (or interested) to cater to every category of customer out there.
It's exactly this type of snobbishness that has created the demand.
Personally (and being a bit cynical here) I think that if they ever add a date model, they might as well add a 44mm version and perhaps a boy's size version too...

Only time will tell.

[RolexSoFla]

Originally Posted by tsthk

I don't resent the idea, I just think that adding a date would take something away from the spirit of the Daytona and as a fan, hope it was Rolex's intention to create and convey such an image.
I mean, it has practically become their signature. What's the first thing you see when you visit www.rolex.com?
I don't think Rolex is in the business (or interested) to cater to every category of customer out there.
It's exactly this type of snobbishness that has created the demand.
Personally (and being a bit cynical here) I think that if they ever add a date model, they might as well add a 44mm version and perhaps a boy's size version too...

Only time will tell.

I agree. A date on a Daytona would be way out of place and I don't think we have to worry about it. Rolex knows they already have a winner as it is and has been for many years. If one requires a date, get a calendar.

[mretzloff]

The SS Daytona got it's status from it's ridiculous price, not from the watch itself. If Rolex would have produced more, I bet many would never even consider the Daytona.

[ocwatching]

Originally Posted by mretzloff

The SS Daytona got it's status from it's ridiculous price, not from the watch itself. If Rolex would have produced more, I bet many would never even consider the Daytona.

AGREE
Rolex purposely placed the Daytona in their line with as the only Chrono and with the high price...and it helps that they limit the production...its all about the supply and demand...it will return...

[GBJIV]

Originally Posted by mretzloff

The SS Daytona got it's status from it's ridiculous price, not from the watch itself. If Rolex would have produced more, I bet many would never even consider the Daytona.

I'll take that bet. What may be a "ridiculous price" to one - is not a ridiculous price to another. I don't care about the cost. I love the watch and its history.

[bardm]

I think it depends on what happens at Baselworld this year and next year. If the sub is upgraded to GMT IIc standard I think that will take some of the pressure of the demand for the Daytona, just as the GMT IIc has done. If we get to se an upgraded Daytona, then I guess the demand will be for the new model.

Anyway: I think the Daytona fame is something specific to the US and maybe UK? I Norway many people recognize a Sub or GMT, but wery few realises that a Daytona or a YM is a Rolex.

[charliec]

Originally Posted by bardm

Anyway: I think the Daytona fame is something specific to the US and maybe UK? I Norway many people recognize a Sub or GMT, but wery few realises that a Daytona or a YM is a Rolex.

That's possibly due to the fact that the SS Daytona is incredibly scarce in the Norwegian market? No offence intended.

[bardm]

Originally Posted by charliec

That's possibly due to the fact that the SS Daytona is incredibly scarce in the Norwegian market? No offence intended.

None taken

You may be right, but the SS models are readilly available in the gray market.

My BMW dealer had a Daytona (white gold on a strap). He told me he wanted a "bluesey" sub, but was afraid it would be recognized by customers making them believe he overcharged them. So he purchased a Daytona.

[Atlanta]

The United States has survived 28 recessions since they have been measured and recorded - pretty sure we'll make it through 29, and the SS Rolex will once again reign supreme.

[yannis]

Tudor has been making Chronographs with the date feature for many years, i think it is time for a newer design and a date feature imho. The legendary status will and should never be lost though!

[landroverking]

The SS Daytona will always be a "must have" watch, that said they should trade in the grey/used market for the price of a Sub or GMT. The TT should be more in price, just like the TT Blue Sub is higher than a SS Sub. The SS Daytona got pushed up in price IMO by all the cleb's wearing them. This most likely goes back to the Paul Newman connection to the Daytona given to him by his wife.... I find it funny that so many current Daytona's are refered to as having a "Paul Newman Dial"..That is just not the case. The only SS Daytona "Zenith" that Newman ever had he donated to charity. Never a daily wearer. He has been photoed with a couple of different exoctic dialed Daytona's but the Daytona he choose to wear was the black and white plain old Daytona given him by his wife.

[kokovovoru]

Daytona is always "the watch" for me. My hope is that it is never as massively produced as the models like GMT IIc or Sub. Since we will never know how many Daytonas are sold each year, we will never know exactly how the current economic climate has affected the supply and demand of this watch.

[bodybump]

i dont know what to say....all i know Macy's lay off 7,000 of its employees and counting...

[Porsche]

Still expensive and hard to get in Australia.

AD's won't even take tour name for a waiting list uless you are a rpevious customer and have bought lots $ before...

And I still want one