Rolex Daytona values

Rolex Daytona values

Author
Discussion

Milemuncher

Original Poster:

556 posts

122 months

Friday 23rd August
quotequote all
Considering a Daytona on the grey market and interested in forum views on market values.

I’d be looking for stainless steel, probably with a white face and relatively recent - say 0-5 years old.

Obviously I can see how much they’re advertised for. My question is really whether they are changing hands for the advertised price or a bit less? All educated views welcomed!

Wheelspinning

1,617 posts

37 months

Friday 23rd August
quotequote all
I would hold off a bit.

The market has dramatically changed, and although Daytonas have always been tricky to aquire new, they, like the others are coming through.

The grey market prices shall drop to reflect that the overs on the majority of new Rolex is diminishing rapidly.

Like every business, they have to turn over stock, even if that means less, profit, selling at what they bought at, or taking a loss...

Milemuncher

Original Poster:

556 posts

122 months

Friday 23rd August
quotequote all
Useful feedback, thank you. I’m not in a massive rush, so sounds like sensible advice.

gregs656

11,400 posts

188 months

Friday 23rd August
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Keep in mind there has been a reference change in the last 5 years and the new model commands a premium.

If you like the previous model I personally wouldn’t worry about the age, and buy on condition.

raceboy

13,274 posts

287 months

Friday 23rd August
quotequote all
If it's any indication of the market I tried punting my 2004 116520 to Watchfinder a few months ago, and they would only take it on SOR as they appear to have more stock than customers, so I'd be chucking cheeky low ball offers at any you fancy in the hope the owner needs to liquidate. wink

Milemuncher

Original Poster:

556 posts

122 months

Friday 23rd August
quotequote all
Also good to know! Thank you.

Wilmslowboy

4,314 posts

213 months

Friday 23rd August
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Milemuncher

Original Poster:

556 posts

122 months

Friday 23rd August
quotequote all
Very useful. Thank you!

RiggaTheMighty

144 posts

81 months

Monday 2nd September
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In my opinion, I would ditch the age of the watch in my head and if you like the Daytona, get a Daytona.
Anywhere in the last 20 years will give you a solid, reliable and stunning watch that will give you satisfaction for years to come.

At the moment, several retailers are having sales with massive discounts, so the time is ripe for getting one.

For instance, one of the stores local to me is having a sale to clear stock so they can buy more watches in.
They have a 116520 from 06 which was £23.500 and they have just reduced it to £16,500.
Granted it is showing its age, but with a little TLC it will look just as good as a new one.

The bottom has already fallen out of the market, due to the recent "Approved Used" line, so I believe the time for hesitation is over.

Obviously just my thoughts, but having been in this industry for over 30 years, I just feel like now is the time.

smithyithy

7,472 posts

125 months

Monday 9th September
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raceboy said:
If it's any indication of the market I tried punting my 2004 116520 to Watchfinder a few months ago, and they would only take it on SOR as they appear to have more stock than customers, so I'd be chucking cheeky low ball offers at any you fancy in the hope the owner needs to liquidate. wink
Would you take £10k?

hehe

Ziplobb

1,410 posts

291 months

Monday 9th September
quotequote all
Does anyone have an insight as to how long the waiting list actually is ? 10 years has been mentioned to me recently. I wanted to buy one for my 40th with some money my Mum gave me but we moved house at around the same time so I could not justify it. Never bothered going on the list because we dont have a local dealer anymore and I am not going to buy any other Rolex. Mother since passed away & now in a position to buy a new one at list but not prepared to pay 'overs' . Thinking I should just wait for the used ones to tumble some more !

Dolf Stoppard

1,344 posts

129 months

Tuesday 10th September
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Ziplobb said:
Does anyone have an insight as to how long the waiting list actually is ? 10 years has been mentioned to me recently. I wanted to buy one for my 40th with some money my Mum gave me but we moved house at around the same time so I could not justify it. Never bothered going on the list because we dont have a local dealer anymore and I am not going to buy any other Rolex. Mother since passed away & now in a position to buy a new one at list but not prepared to pay 'overs' . Thinking I should just wait for the used ones to tumble some more !
I’d say it depends who you are and what buying history you have. But if you’ve not purchased from the dealer before and prices stay strong I’d say you’ll never get one. The AD is always going to want to sell them to customers who buy / will buy other pieces.

paulw123

3,698 posts

197 months

Tuesday 10th September
quotequote all
The only Daytona I've ever even seen was the one I tried on at an AD whilst being told they wernt event taking registrations of interest for ones.

I'd buy one today at list price but accept that's never going to happen.

raceboy

13,274 posts

287 months

Tuesday 10th September
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smithyithy said:
Would you take £10k?

hehe
It may come as a surprise, but…..no hehe
Car changing plans have changed so the trinket sell off is on hold….for now. paperbag

EX51GE R

1,497 posts

217 months

Tuesday 10th September
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Picked mine up today....


Wheelspinning

1,617 posts

37 months

Tuesday 10th September
quotequote all
EX51GE R said:
Picked mine up today....

Oooft....that is lovely.

Deep

2,218 posts

250 months

Wednesday 11th September
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Ziplobb said:
Does anyone have an insight as to how long the waiting list actually is ? 10 years has been mentioned to me recently. I wanted to buy one for my 40th with some money my Mum gave me but we moved house at around the same time so I could not justify it. Never bothered going on the list because we dont have a local dealer anymore and I am not going to buy any other Rolex. Mother since passed away & now in a position to buy a new one at list but not prepared to pay 'overs' . Thinking I should just wait for the used ones to tumble some more !
The list for SS Daytonas is closed at WOS, and I suspect the same for everywhere else.
I assume they might open it for a seriously big spender/celebrity but for the rest of us there isn't a list you can even get onto.

Stirlings

320 posts

230 months

Thursday 12th September
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No red Daytona lettering above the centre dial?

paulw123

3,698 posts

197 months

Thursday 12th September
quotequote all
EX51GE R said:
Picked mine up today....

EX51GE R said:
Cupid-stunt said:
EVERY TIME I see this .... my first thought is

"this looks SO much better than a Daytona"
Completely agree, have tried a few daytonas on, never got the appeal.
You've changed your tune! Stunning watch though.

EX51GE R

1,497 posts

217 months

Thursday 12th September
quotequote all
paulw123 said:
You've changed your tune! Stunning watch though.
Guilty as charged, however I maintain I still don't like the standard stainless steel pieces, think zenith and omega offerings are better imo.