Used Daytona prices.

[KungFuPanda]

I know ceramic Daytonas are going over list and always have done since their release.

I’ve always thought £15k was the going rate but I as surprised to see a page on Facebook where a respected dealer was selling one for £19.5k! I didn’t know they had risen to that level.

[bingybongy]

Ridiculous isn't it?

[anonymous-user]

I just sold mine for £17k to a dealer, cash (figuratively) not SOR etc.

2018 one, black face.

Absolutely ridiculous, I know Rolex aficionados will tell me I am wrong, but 75%+ overs for a non-limited run of the mill SS Sports watch, seems too toppy to me.

Then again I never pick the right time when it comes to selling things!

I’ve gone back to a DJ, steel, yes it’s still expensive / valuable but not £15+ sitting on your wrist!

[Tony1963]

Just look at the (asking) prices of a 116520 with box and papers, or an unworn 116520 asking for over £20k. Bonkers.

[GT03ROB]

Watchfinder have a white face up for 25600!

[davek_964]

Lord.Vader said:

I just sold mine for £17k to a dealer, cash (figuratively) not SOR etc.

2018 one, black face.

Absolutely ridiculous, I know Rolex aficionados will tell me I am wrong, but 75%+ overs for a non-limited run of the mill SS Sports watch, seems too toppy to me.

Then again I never pick the right time when it comes to selling things!

I’ve gone back to a DJ, steel, yes it’s still expensive / valuable but not £15+ sitting on your wrist!

I think mine is 2013, black face - even that old thing seems to be worth a lot more than I paid new 6 years ago, and I paid £1k over list then!

Sadly, mine has some sentimental value so won't be sold - even though ~£15k would be pretty handy right now!

[Jumpingjackflash]

I keeping looking at Daytona’s but can’t bring myself to pulling the trigger. I don’t think they are worth it and I’m convinced the Rolex market will slow down.

I don’t believe there is a shortage worldwide and there are hundreds for sale on various websites. Some of the watches have been advertised for a long time and you don’t know how much they are trading for.

I feel more comfortable waiting to seek how the market is in 12-24 months.

[bonerp]

Jumpingjackflash said:

I keeping looking at Daytona’s but can’t bring myself to pulling the trigger. I don’t think they are worth it and I’m convinced the Rolex market will slow down.

I don’t believe there is a shortage worldwide and there are hundreds for sale on various websites. Some of the watches have been advertised for a long time and you don’t know how much they are trading for.

I feel more comfortable waiting to seek how the market is in 12-24 months.

I think you'll be waiting a long time...I put my name on the 'interested' list at my dealer 2 years ago. They have continued to increase in value ever since!!

[AmosMoses]

It's insane really and you cant even tell time with the black one. Dial is so unreadable in low light. Get a used AP Royal Oak Offshore instead, that's what I'd do.

[Skyman]

GT03ROB said:

Watchfinder have a white face up for 25600!

You can get a proper one (vintage, five digit, Zenith movement, full set) for that.

[Tony1963]

Skyman said:

You can get a proper one (vintage, five digit, Zenith movement, full set) for that.

I still chuckle when I read posts by people who seem to think that markets in collectible items should have any logic attached to them.

We are talking expensive watches. They’re unnecessary trinkets. Not one person on this planet needs one when a few tenners buys a watch that’s accurate and reliable and tough.

So let it go! The values and trends can be interesting, but there’s no point thinking any more of it than that.

[Skyman]

Tony1963 said:

Skyman said:

You can get a proper one (vintage, five digit, Zenith movement, full set) for that.

I still chuckle when I read posts by people who seem to think that markets in collectible items should have any logic attached to them.

We are talking expensive watches. They’re unnecessary trinkets. Not one person on this planet needs one when a few tenners buys a watch that’s accurate and reliable and tough.

So let it go! The values and trends can be interesting, but there’s no point thinking any more of it than that.

Indeed. Agree with all of that. Nonetheless, I advance the theory that one can overlay logic to the madness. Hence a nice, vintage Zenith is far more worthy of attention than a bland, modern, overweight cousin.

[Fat Wolfie]

AmosMoses said:

It's insane really and you cant even tell time with the black one. Dial is so unreadable in low light. Get a used AP Royal Oak Offshore instead, that's what I'd do.

Not just the black faced ones - I had a steel faced one and in the end sold it on and bought an Explorer II instead, which I can tell the time on at a glance...

[WindyCommon]

Skyman said:

GT03ROB said:

Watchfinder have a white face up for 25600!

You can get a proper one (vintage, five digit, Zenith movement, full set) for that.

Blimey - I had no idea. I have an oldish (1993?) one, white dial with the Zenith movement. Not sure where the box and papers are though. I’d happily swap it for a new one...

[Skyman]

WindyCommon said:

Skyman said:

GT03ROB said:

Watchfinder have a white face up for 25600!

You can get a proper one (vintage, five digit, Zenith movement, full set) for that.

Blimey - I had no idea. I have an oldish (1993?) one, white dial with the Zenith movement. Not sure where the box and papers are though. I’d happily swap it for a new one...

Heathen! But find those B&P! They are worth £000s in this new world.

[Tony1963]

Skyman said:

Indeed. Agree with all of that. Nonetheless, I advance the theory that one can overlay logic to the madness. Hence a nice, vintage Zenith is far more worthy of attention than a bland, modern, overweight cousin.

In your opinion?

[WindyCommon]

Advance apologies for thread diversion, but perhaps an interesting aside for those viewing watches as investments.

I paid £9,750 for my Daytona in 1993. If it is “worth” £26k today that’s an annualised return of 4%.

The annualised total return on the MSCI World Index (eg a global equity investment) over that period is about 8.3%, which would give a value of just over £70k.

[Tony1963]

WindyCommon said:

Advance apologies for thread diversion, but perhaps an interesting aside for those viewing watches as investments.

I paid £9,750 for my Daytona in 1993. If it is “worth” £26k today that’s an annualised return of 4%.

The annualised total return on the MSCI World Index (eg a global equity investment) over that period is about 8.3%, which would give a value of just over £70k.

They’ve only gone up in price in the last few years. Mine has double in six years. Immaterial, as I’m keeping it.

[Skyman]

Tony1963 said:

Skyman said:

Indeed. Agree with all of that. Nonetheless, I advance the theory that one can overlay logic to the madness. Hence a nice, vintage Zenith is far more worthy of attention than a bland, modern, overweight cousin.

In your opinion?

Which trumps yours! Because I am never fking wrong.....as you will learn.

[Skyman]

Tony1963 said:

WindyCommon said:

Advance apologies for thread diversion, but perhaps an interesting aside for those viewing watches as investments.

I paid £9,750 for my Daytona in 1993. If it is “worth” £26k today that’s an annualised return of 4%.

The annualised total return on the MSCI World Index (eg a global equity investment) over that period is about 8.3%, which would give a value of just over £70k.

They’ve only gone up in price in the last few years. Mine has double in six years. Immaterial, as I’m keeping it.

And, I assume, you enjoyed the asset in the interim, no?