White Gold Daytona
Discussion
Good morning,
As steel Daytona's are getting more and more expensive the precious metal models look better value. Currently steel models are roughly £20k and I can get a full white gold for £26k.
I think Rolex precious metal Daytona's have the best dials. They have the panda dials which look a little more vintage. Currently the precious metal watches are better value but I was wandering what your thoughts are on future prices? Do you think the steel models will overtake precious metal prices or do you think with the sale of the Gold Paul Newman & Unicorn White gold selling for millions precious metal Daytona's are rarer and becoming more desirable?
I know its a guessing game.
As steel Daytona's are getting more and more expensive the precious metal models look better value. Currently steel models are roughly £20k and I can get a full white gold for £26k.
I think Rolex precious metal Daytona's have the best dials. They have the panda dials which look a little more vintage. Currently the precious metal watches are better value but I was wandering what your thoughts are on future prices? Do you think the steel models will overtake precious metal prices or do you think with the sale of the Gold Paul Newman & Unicorn White gold selling for millions precious metal Daytona's are rarer and becoming more desirable?
I know its a guessing game.
The only reason a SS model will fetch more than a PM is due to demand. In our day and age, this is no doubt attributed the internet and social media hype...
Any buyer who is not effected by the hype (flexing and investment) would never buy at premium. It's a first world problem not being able to buy a hot rolex.
Any WIS, including myself, would never ever pay double (or anything other than list) for a current release SS Daytona. If I had £18k burning a hole in my pocket I would rather spend it on something that was £18k rather than £9k retail + £9k premium.
Those who buy at £18k, I doubt will ever get their money back. Maybe the flex value is worth the premium to them and that's all that counts.
That's why the current release SS Daytona cannot sustain any prices higher than £18k at grey. It just gets too close to the price of the PM version.
Any buyer who is not effected by the hype (flexing and investment) would never buy at premium. It's a first world problem not being able to buy a hot rolex.
Any WIS, including myself, would never ever pay double (or anything other than list) for a current release SS Daytona. If I had £18k burning a hole in my pocket I would rather spend it on something that was £18k rather than £9k retail + £9k premium.
Those who buy at £18k, I doubt will ever get their money back. Maybe the flex value is worth the premium to them and that's all that counts.
That's why the current release SS Daytona cannot sustain any prices higher than £18k at grey. It just gets too close to the price of the PM version.
Ninjin said:
Any WIS, including myself, would never ever pay double (or anything other than list) for a current release SS Daytona. If I had £18k burning a hole in my pocket I would rather spend it on something that was £18k rather than £9k retail + £9k premium.
Any WIS? That's a pretty sweeping generalisation. I wouldn't pay the current prices, but I kind of regret passing at £14k around 2 years ago.Ninjin said:
Those who buy at £18k, I doubt will ever get their money back. Maybe the flex value is worth the premium to them and that's all that counts.
That's why the current release SS Daytona cannot sustain any prices higher than £18k at grey. It just gets too close to the price of the PM version.
If you could buy a new / nearly new one for £18k right now, you'd almost certainly make a profit. Just look on Watchfiner or Chrono24 as a guide. New / nearly new has been comfortably over £20k for many months.That's why the current release SS Daytona cannot sustain any prices higher than £18k at grey. It just gets too close to the price of the PM version.
Edited by andy tims on Thursday 20th February 11:07
These are my options. Perhaps a little clarity would help....
I can get a white gold blue dial for £26k retails for £30k. I have tried it on but can't express how special it feels.
or white dial 116520 for £16k which is now discontinued and sea dweller 4000 £12k.
or ceramic white dial which I hate to admit I love for £21k.
First world problems I get it but I don't take drugs lol.
I can get a white gold blue dial for £26k retails for £30k. I have tried it on but can't express how special it feels.
or white dial 116520 for £16k which is now discontinued and sea dweller 4000 £12k.
or ceramic white dial which I hate to admit I love for £21k.
First world problems I get it but I don't take drugs lol.
andy tims said:
Ninjin said:
Any WIS, including myself, would never ever pay double (or anything other than list) for a current release SS Daytona. If I had £18k burning a hole in my pocket I would rather spend it on something that was £18k rather than £9k retail + £9k premium.
Any WIS? That's a pretty sweeping generalisation. I wouldn't pay the current prices, but I kind of regret passing at £14k around 2 years ago.Ninjin said:
Those who buy at £18k, I doubt will ever get their money back. Maybe the flex value is worth the premium to them and that's all that counts.
That's why the current release SS Daytona cannot sustain any prices higher than £18k at grey. It just gets too close to the price of the PM version.
If you could buy a new / nearly new one for £18k right now, you'd almost certainly make a profit. Just look on Watchfiner or Chrono24 as a guide. New / nearly new has been comfortably over £20k for many months.That's why the current release SS Daytona cannot sustain any prices higher than £18k at grey. It just gets too close to the price of the PM version.
Edited by andy tims on Thursday 20th February 11:07
In addition, these are selling prices not buying prices. I can tell you now, no watchtrader out there will give you more than £16k for a brand new Daytona to buy it off you.
[quote=andy tims]
I wouldn't pay the current prices, but I kind of regret passing at £14k around 2 years ago.
I know the feeling, was offered a Hulk about two years ago on TZ by PM for £7.5K at the time I was already on a list waiting for one so passed
FWD to today £7.5K would of been a steal & FFS still rotting on that list
I wouldn't pay the current prices, but I kind of regret passing at £14k around 2 years ago.
I know the feeling, was offered a Hulk about two years ago on TZ by PM for £7.5K at the time I was already on a list waiting for one so passed
FWD to today £7.5K would of been a steal & FFS still rotting on that list
andy tims said:
Ninjin said:
What you have to realise is that the prices on chrono and other websites are 'asking prices'.
Really? I had no idea. Thanks for pointing that out Edited by andy tims on Thursday 20th February 13:53
Jumpingjackflash said:
These are my options. Perhaps a little clarity would help....
I can get a white gold blue dial for £26k retails for £30k. I have tried it on but can't express how special it feels.
or white dial 116520 for £16k which is now discontinued and sea dweller 4000 £12k.
or ceramic white dial which I hate to admit I love for £21k.
First world problems I get it but I don't take drugs lol.
Don't get too hung up on the discontinued aspect of the watch. Just because it is discontinued doesn't make it a sure winner in the appreciation game.I can get a white gold blue dial for £26k retails for £30k. I have tried it on but can't express how special it feels.
or white dial 116520 for £16k which is now discontinued and sea dweller 4000 £12k.
or ceramic white dial which I hate to admit I love for £21k.
First world problems I get it but I don't take drugs lol.
At the end of the day, if you like it, then buy it. If it appreciates, then that's just a bonus. If it depreciates, then that's normal.
You don't expect your mass produced car you drive to appreciate, so why should you a watch?
Jumpingjackflash said:
These are my options. Perhaps a little clarity would help....
I can get a white gold blue dial for £26k retails for £30k. I have tried it on but can't express how special it feels.
or white dial 116520 for £16k which is now discontinued and sea dweller 4000 £12k.
or ceramic white dial which I hate to admit I love for £21k.
First world problems I get it but I don't take drugs lol.
Current retail for 116509 blue dial is £31550; bnib used price is typically a bit higher. At £26k in good nick from a trusted source, I would not hesitate. It is a very special watch, head and shoulders above the other references you mention.I can get a white gold blue dial for £26k retails for £30k. I have tried it on but can't express how special it feels.
or white dial 116520 for £16k which is now discontinued and sea dweller 4000 £12k.
or ceramic white dial which I hate to admit I love for £21k.
First world problems I get it but I don't take drugs lol.
I don’t really like the Daytona. Colleague had a white faced (before ceramic) and it felt tinny and, well, cheap. We then went away with work to Vancouver and while waiting for flights home I tried on a WG Daytona. I’ve thought about it ever since, it was lovely and felt the part. I’d buy one, no hesitation (when I find myself with £30k the wife won’t notice).
LaurasOtherHalf said:
My grail is a white gold panda dial on tan leather. Was very close to doing a deal on one in Belgium year before last.
The one that got away...
A fine choice! I bought exactly this combination about 4 years ago as I thought they represented much better value than the SS, which at the time were a similar price. It's a fantastic combination of colours and textures I think, I really like the soft hue and heft of the metal, the very slightly off-whiteness of the dial, the contrast of the subdials, all of which seems a great combination with a simple tan leather strap. It's definitely not as hard wearing as SS watches that I have though, and in one careless moment I dinged the bezel, and I don't think that would have caused any great damage to a ceramic bezel. But, if you're not a clumsy oaf like me that's irrelevant!The one that got away...
As a slight aside, the price of a ceramic daytona now seems absolutely crazy to me, and no doubt it is a very fine watch, but I couldn't bring myself to pay around 14k for one in 2016, let alone in excess of 20k now!
I'm having similar thoughts.. The TT models are also looking more and more tempting and seem to be more readily obtainable both new and pre-owned. I saw a Youtube vid last night on someone picking a used one up.. TT, gold dial (Timeless Watch channel iirc, quite a cool guy.. Irish bloke living in Italy).
Was browsing in a Rolex dealer in the Caribbean yesterday and was offered $20k for my 5 year old white faced Steel Daytona despite the fact I didn’t have the box or papers with me. He said he had buyers lined up to get one. I refused of course as I waited a long time to get one and I’ll probably never be able to get another new one at list. Oh, and he had nothing in stock I would have considered buying as a replacement, surprise, surprise.
Flying machine said:
A fine choice! I bought exactly this combination about 4 years ago as I thought they represented much better value than the SS, which at the time were a similar price. It's a fantastic combination of colours and textures I think, I really like the soft hue and heft of the metal, the very slightly off-whiteness of the dial, the contrast of the subdials, all of which seems a great combination with a simple tan leather strap. It's definitely not as hard wearing as SS watches that I have though, and in one careless moment I dinged the bezel, and I don't think that would have caused any great damage to a ceramic bezel. But, if you're not a clumsy oaf like me that's irrelevant!
As a slight aside, the price of a ceramic daytona now seems absolutely crazy to me, and no doubt it is a very fine watch, but I couldn't bring myself to pay around 14k for one in 2016, let alone in excess of 20k now!
You know it’s considered rude around these parts to post a comment like that without pictures!As a slight aside, the price of a ceramic daytona now seems absolutely crazy to me, and no doubt it is a very fine watch, but I couldn't bring myself to pay around 14k for one in 2016, let alone in excess of 20k now!
The softness of the precious metal variants is to be considered but a Daytona for me would not be an every day watch-however I dinked my white gold Cellini just by putting it in my jewellery tray carelessly so I feel your pain!
When I was going to buy the same as yours, I’d just sold a ceramic Daytona so was flush with profit. The one in Belgium was at a dealers and asking around £13.5k, a couple of grand less than the ceramic!
We were emailing backwards and forwards trying to come up with a deal that included part exchanging my Cellini when my wife discovered she was expecting. Suddenly it seemed the margin could be put to better use!
I will get one, I first tried on that ref in Monaco on our honeymoon and have listed after one ever since.
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