116500 owners

[MAINEZX10]

I have read here a few guys feeling uncomfortable wearing their 116500 because of the asking prices, on the secondary market, are through the roof. What asking price would make you want to sell? I have a black dial and times would have to get very hard for me to sell. Other things would go before the Daytona.

[Benzsiam]

If you do love that particular watch, no matter how high the price has gone up, you should not sell it.

[amanbra]

Originally Posted by Benzsiam

If you do love that particular watch, no matter how high the price has gone up, you should not sell it.

With in reason.

I’m an owner of a Daytona c black and wear it. I don’t plan on selling ever…

However I someone offered me 1M cash for it… you’d be an idiot to say no.


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[Golfbone]

Originally Posted by amanbra

With in reason.

I’m an owner of a Daytona c black and wear it. I don’t plan on selling ever…

However I someone offered me 1M cash for it… you’d be an idiot to say no.


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That's because you could pick up another one tomorrow on Chrono24 for 45K. But....if the price there was 2 million you'd be an idiot to say yes. It's all relative. I don't worry about what it's worth...I just wear it and enjoy it. If I ever need money (god forbid) it's a gold brick.

[amanbra]

Originally Posted by Golfbone

That's because you could pick up another one tomorrow on Chrono24 for 45K. But....if the price there was 2 million you'd be an idiot to say yes. It's all relative. I don't worry about what it's worth...I just wear it and enjoy it. If I ever need money (god forbid) it's a gold brick.

Nah say all other prices are relatively the same as now (ie the price of a house is the same as now), but the daytona was 2m on chrono24... the daytona's getting sold...

now will that happen i certainly don't think so, but i think it's important to not talk in absolutes because stupid stuff has been happening lately...

[VegasBaby]

Originally Posted by amanbra

With in reason.

I’m an owner of a Daytona c black and wear it. I don’t plan on selling ever…

However I someone offered me 1M cash for it… you’d be an idiot to say no.


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Unless the going market price was $2,000,000............

[Xtralarg]

Originally Posted by Benzsiam

If you do love that particular watch, no matter how high the price has gone up, you should not sell it.

100%

[HMHM]

The day I decide to sell my Daytona is the day I give up completely on watch collecting and move onto something else. So every single watch goes and none gets kept.

Regarding feeling uncomfortable wearing it in public, yes it does affect where I wear it to nowadays. Previously when I first bought it I could wear it to hawker centres for breakfast or to take away supper in the middle of the night. Now it’s just mostly worn to certain places.

[MAINEZX10]

Originally Posted by HMHM

The day I decide to sell my Daytona is the day I give up completely on watch collecting and move onto something else. So every single watch goes and none gets kept.

Regarding feeling uncomfortable wearing it in public, yes it does affect where I wear it to nowadays. Previously when I first bought it I could wear it to hawker centres for breakfast or to take away supper in the middle of the night. Now it’s just mostly worn to certain places.

With the way things are today, I also pick and choose where I wear my watches. I feel like the Daytona does not draw as much attention as a DD,SUB or GMT

[MrMercedes]

Originally Posted by HMHM

The day I decide to sell my Daytona is the day I give up completely on watch collecting and move onto something else. So every single watch goes and none gets kept.

Regarding feeling uncomfortable wearing it in public, yes it does affect where I wear it to nowadays. Previously when I first bought it I could wear it to hawker centres for breakfast or to take away supper in the middle of the night. Now it’s just mostly worn to certain places.

100%

[Mystro]

It doesn’t matter what the value is, I already own it. The Daytona will never get high enough for me to personally feel uncomfortable to wear one.

Where the Daytona fits into your collection might depend on how you wear it as opposed to how much it is worth.

[RazorD]

I’m sure there’s a price eventually where I’d part with one, but right now I enjoy the watches more than the money.

[10klakes]

Meh… the street value doesn’t make me want to sell, and I have several Daytonas. If the value of the watch exceeds your comfort level, or you feel it’s too much of a risk to wear it, put it away in safe keeping or sell it. I prefer safe keeping.

[Mrhenish]

My daughters will wear my Daytonas. There is no price. I collect watches because I enjoy it, not for money.

[pain888]

Originally Posted by Mrhenish

My daughters will wear my Daytonas. There is no price. I collect watches because I enjoy it, not for money.

Wow very well put.....<My intention is the same as you ...... passing to my daughters..Don't need the money..

[Mrhenish]

Originally Posted by pain888

Wow very well put.....<My intention is the same as you ...... passing to my daughters..Don't need the money..

Thanks pain888. Agreed. I have an old pic of my one kid timing herself reading in kindergarten using a white 116500ln to get to 10 min. That is priceless to me.

[underpar]

Originally Posted by Mrhenish

My daughters will wear my Daytonas.

How do you know? I've never understood the "leave them for my child" justification with watches.

I'll leave mine to my wife and son but before I'm gone I will teach them how to liquidate them properly as I don't ever assume that they will like something just because I did.

[Mrhenish]

Originally Posted by underpar

How do you know? I've never understood the "leave them for my child" justification with watches.

I'll leave mine to my wife and son but before I'm gone I will teach them how to liquidate them properly as I don't ever assume that they will like something just because I did.

That is a very good point. I hope they will. They already know about watches, movements, and help build the collection. Being optimistic is guess . Thanks for your perspective and challenge—it does help

[Feb_29]

I had a black one and traded it to white from my AD. I walk in with black and walk out with white + $6K cash in the pocket. Both purchased from same AD with MSRP. I should of keep black, no regrets though.

The GM value of my Daytona is on the back of my mind. Sometimes I can't comprehend $50K watch on my wrist.

[geoffreyis]

I put my Daytona on an Everest rubber band and it’s a different watch. Sometimes I wish I yearn for the oyster bracelet but in all honesty. The rubber b makes it a different watch. It almost always go unnoticed and there is a stealth factor to it.

[geoffreyis]

Sorry for not including the pic in my last post

[dkg1616]

I’ll be honest I love the rising price - makes me want to wear it more. And nope - I won’t sell mine.

[skipstar]

I just got home from a night out with the wife and my white 116500, I have no plans on selling anytime soon!

[MountEverest]

I would think at some price you have to start worrying about where you wear the watch and what activities you are participating in. Just my two cents

[Oystersteel92]

I too have a 116500 Black dial and it will be the last thing I part with in order to not go hungry. I wanted one for too long, and getting it for list price from an AD at the start of the pandemic with no purchase history was just about the best stroke of luck I've ever had.

That being said, the insane prices on the secondary market along with a general rise in lawlessness have given me pause regarding where I wear it. In general I strongly value my anonymity. I drive common and old cars because I like to blend. I wear bland and unstylish clothing because I like to be comfortable and don't care what other people think. The only thing flashy about me is the Rolex and people DO notice it from time to time and say something.

I live in a nice, safe place so I still wear it around my home town plenty, but I had always dreamed of going back to Vegas and visiting watch shops and being treated like someone more special than I'm used to because of it. I wouldn't wear it to Vegas today.

[Golfbone]

Why sell it if you don't need the money? Enjoy it. It's only going to go up in value and if you sell it you'll regret it. Wear it and forget about everything else. It's just a watch....it's not worth as much as any of my fingers or toes to me.

[TswaneNguni]

Originally Posted by MAINEZX10

I have read here a few guys feeling uncomfortable wearing their 116500 because of the asking prices, on the secondary market, are through the roof. What asking price would make you want to sell? I have a black dial and times would have to get very hard for me to sell. Other things would go before the Daytona.

Never sell a Daytona . Personal experience ,15 years ago .
I did make up for those costly mistakes,but it took some time and effort .

[RolexSimon]

I felt uncomfortable wearing my nautilus when it was AU$120K because it was recognizable. the daytona is now the same - monetary value is irrelevant. You can feel comfortable wearing a $250K ALS minute repeater / tourbillon because no one has any idea what it is so you'll never be mugged.

[norcalctr]

I’m on the outside looking in. Don’t own a Daytona but if I had one I wouldn’t depart with it for any price.

[amanbra]

Originally Posted by norcalctr

I’m on the outside looking in. Don’t own a Daytona but if I had one I wouldn’t depart with it for any price.

some imbecile crypto-millionaire offered you 3M for it you wouldn't sell?