A fool and his money....
Discussion
Genuine question. Why would anybody pay above rrp for watches that are widely available from the windows of AD’s? For example these:
or the many other examples from the likes of watchfinder.
I almost get the ‘must have it now’ mentality as regards watches that genuinely are in short supply but, honestly, is anybody stupid enough to pay more than list from from the resellers for watches that are readily available?
or the many other examples from the likes of watchfinder.
I almost get the ‘must have it now’ mentality as regards watches that genuinely are in short supply but, honestly, is anybody stupid enough to pay more than list from from the resellers for watches that are readily available?
I look far and wide during my travels and don’t recall seeing a Daytona in a window in the last 12/18months. Saw one in my own AD just before Christmas last year but it wasn’t in the window and it was £100k (diamond encrusted and waiting for it’s Far East buyer to arrive to collect it). I was allowed to try it on though 
I was at a jewellers in Glasgow Argyle Arcade last week. They had a pre owned Black Dial Ceramic Daytona at £18k. I told them I was not buying but could I look at it. They were very nice and let me try on a few watches like the Breguet Type 20 and Blancpain 50 Fathoms. I am so glad I looked at the Daytona again because it was the third time I have seen it in the the flesh and all three occasions it has done nothing for me. I keep thinking with ceramic bezel it looks like a TAG. I much preferred the TYPE 20.
Jumpingjackflash said:
I am so glad I looked at the Daytona again because it was the third time I have seen it in the the flesh and all three occasions it has done nothing for me. I keep thinking with ceramic bezel it looks like a TAG. I much preferred the TYPE 20.
And I thought it was just me! The Daytona continues to do nothing for me, nothing at all. I find it the most uninspiring Rolex and so is last in the queue for my own money.
Hmmm. Fwiw, right now Goldsmiths in Trafford Centre Salford have three new gold Daytona in yellow gold, everose and white gold on display in the main window. All on oysterflex straps. Maybe more inside; I didn’t go in. List price, available now. (Plus, of course, you don’t have to pay on top to change the strap size as you would if buying from a re-seller).
Edited by anonymous-user on Sunday 11th November 14:08
Precious metal Daytonas aren’t that hard to come by.
As most know, it’s the stainless steel versions that are like unicorn poo, and attracting premium second-hand prices as such (to the point where they are pretty much at a parity with some precious metal versions, which - but for the scarcity aspect - is a hard one to get my head around).
Those white gold Daytonas in the OP are sold at higher than RRP prices because most people are lazy, and if they can sucker one idiot into paying more, at the cost of one online ad, then they win. And Watchfinder is notorious for over-pricing everything. If anything, I’d be pushing for a discount on a new precious metal Rolex from a bricks & mortar store.
The Daytona is a great watch: very accurate, well-made, tough, reliable & all the other ancillary stuff that comes with a Rolex. And the Chronograph movement is near best-in-class (leaving aside those that strive for other virtues of being hand-built, highly-finished etc.).
But the intrinsic value (as opposed to actual re-sale market value) in the watch just isn’t there for me, and personally (even as someone who likes & respects Rolex) I’d much rather spend my money elsewhere.
As most know, it’s the stainless steel versions that are like unicorn poo, and attracting premium second-hand prices as such (to the point where they are pretty much at a parity with some precious metal versions, which - but for the scarcity aspect - is a hard one to get my head around).
Those white gold Daytonas in the OP are sold at higher than RRP prices because most people are lazy, and if they can sucker one idiot into paying more, at the cost of one online ad, then they win. And Watchfinder is notorious for over-pricing everything. If anything, I’d be pushing for a discount on a new precious metal Rolex from a bricks & mortar store.
The Daytona is a great watch: very accurate, well-made, tough, reliable & all the other ancillary stuff that comes with a Rolex. And the Chronograph movement is near best-in-class (leaving aside those that strive for other virtues of being hand-built, highly-finished etc.).
But the intrinsic value (as opposed to actual re-sale market value) in the watch just isn’t there for me, and personally (even as someone who likes & respects Rolex) I’d much rather spend my money elsewhere.
I tried that very watch on in Edinburgh on Saturday.
Didn`t like it at all, much to Mrs B`s relief.
Ceramic Daytona is stupid. Folk should just tell Rolex to shove it up there arse for engineering the whole fiasco.
Even better was the next shop I went to where I was informed they weren`t allowed to sell Rolex to the Chinese !! lol. Brilliant, couldn`t make it up.
Didn`t like it at all, much to Mrs B`s relief.
Ceramic Daytona is stupid. Folk should just tell Rolex to shove it up there arse for engineering the whole fiasco.
Even better was the next shop I went to where I was informed they weren`t allowed to sell Rolex to the Chinese !! lol. Brilliant, couldn`t make it up.
davek_964 said:
Mine is OK, but I wouldn't describe it as very accurate - my Breguet keeps much more accurate time. The Daytona tends to gain a little and has done since I bought it new.
The most accurate watch I own is not my Rolex either, it's a quality micro-brand using a Top Grade ETA 2824-2 - but then I know that brand sells only a small number of watches a year and hand-regulates each of them beforehand, so it's not a huge surprise (and the 2824-2 is a good movement in it's own right).However, that personal service is a different kettle of fish to a mass-producer like Rolex stating every one of circa 800,000 (I'm speculating here) watches they make in a year will be guaranteed to be +/- 2 seconds daily, which any way you cut it is extremely accurate in my book. The difference between a Rolex movement and the majority of average-standard Swiss movements is that due to the way it's constructed, the Rolex has a greater chance of remaining stable and being less susceptible to going awry from shocks etc., and unlike an ETA, for example, is less prone to positional variation.
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