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JacksonRain · 16 January 2022, 03:10 AM

So, that time has come -- UNWORN 2021 OR NEWER new card partially or fully stickered stainless steel white "panda" ceramic Daytona 500LN have hit $50,000.00.

In the last couple of weeks, this particular piece, along with a few others, have really shot up in price -- both for greys having to pay higher "replacement costs" and end buyers.

Some sellers have ran through their inventory, and some others have pulled back to see the watch go up and up in value, as they wait to relist to not miss out on profit from the new market price.

Going up and up every single day!!

samuel019 · 16 January 2022, 03:21 AM

Owning a black 500 and other Daytonas even I say this is just bonkers. Sooooo not worth these prices which has been discussed ad nauseam here on TRF but 50k plus? Really??

Granted I am on the next one that comes in list for a 116505 or 116515

SS Oyster · 16 January 2022, 11:17 AM

Quote:

Originally Posted by samuel019

Owning a black 500 and other Daytonas even I say this is just bonkers. Sooooo not worth these prices which has been discussed ad nauseam here on TRF but 50k plus? Really??

Granted I am on the next one that comes in list for a 116505 or 116515

Not when compared to RM … crazy plastic watches selling for $600k-$2.8M

Sent from my iPhone using Tapatalk

amanbra · 16 January 2022, 03:52 PM

Quote:

Originally Posted by samuel019

Owning a black 500 and other Daytonas even I say this is just bonkers. Sooooo not worth these prices which has been discussed ad nauseam here on TRF but 50k plus? Really??

Granted I am on the next one that comes in list for a 116505 or 116515

Agreed 100%, i have two Daytonas now, i don’t understand the grey market prices… great watch but doesn’t make sense to pay so much for it

Danny83 · 16 January 2022, 03:25 AM

This is just discontinuation speculation …mostly dealers buying

samuel019 · 16 January 2022, 03:30 AM

Quote:

Originally Posted by Danny83

This is just discontinuation speculation …mostly dealers buying

Spot on as usual Danny IMO.

The market is ALWAYS bonkers when new releases are around the corner plus Rolex with the new price increase.

Too many models to list that went crazy for a little while then as always the market settled.

VegasBaby · 18 January 2022, 03:05 AM

Quote:

Originally Posted by samuel019

Spot on as usual Danny IMO.

The market is ALWAYS bonkers when new releases are around the corner plus Rolex with the new price increase.

Too many models to list that went crazy for a little while then as always the market settled.

What's the most recent example of the "market settled" in regards to Rolex specifically?? I guess you could look to the "Great Recession" and its lasting effects on everything from mid 2008-2010 or a tad beyond.

samuel019 · 18 January 2022, 04:29 AM

Quote:

Originally Posted by VegasBaby

What's the most recent example of the "market settled" in regards to Rolex specifically?? I guess you could look to the "Great Recession" and its lasting effects on everything from mid 2008-2010 or a tad beyond.

Well here most recently the 214270 had a point when it was commanding near 15-16k on "some" sites when the 124270 was released and there werent many out there. Now they can be found in there usual 10-11k range. The White 114300 had its run. Remember seeing a few hit 17-18k and now back down to earth. I'm sure there are others but those are the two of recent memory that I specifically watched as I own a 214270 and a 114300.

Granted no Rolex has reached the level of hysteria/pricing as the 116500 but my point was whenever there is a new price change of discontinue speculation models will go bonkers for a little while then come back down. Ebb and flow.

But yes keeping in tune with this thread the Daytona 116500 is on a whole other level. If someone wants to pay 50k plus for it then more power to em. Not my money. It is a great reference. I own one. Just saying that IMO the upper 20's is where I would draw a hard line in the sand. I think the 16520 which I dont own should have more hysteria and higher pricing but everyone goes crazy for the ceramic. INCLUDING me. I have a 520 and 523 but wanted a 500 badly. I am even hopefully landing a 505/515 this year. Love the Daytona line, obviously. Just not at 40-50k for a SS version. But again to all the people who do then great. Spend your money how you like.

Speedsleev · 10 March 2022, 10:57 PM

Quote:

Originally Posted by samuel019

Spot on as usual Danny IMO.

The market is ALWAYS bonkers when new releases are around the corner plus Rolex with the new price increase.

Too many models to list that went crazy for a little while then as always the market settled.

But with the Daytona, they have never really come back down year after year after the new watch speculation.

JacksonRain · 16 January 2022, 03:37 AM

Quote:

Originally Posted by Danny83

This is just discontinuation speculation …mostly dealers buying

There have been some considerable increases in the market for many references with little to no speculation of discontinuation re those pieces, my friend.

scharnke · 17 January 2022, 07:33 PM

Quote:

Originally Posted by Danny83

This is just discontinuation speculation …mostly dealers buying

discontinue the 116500? dont think so.

vh2k · 16 January 2022, 03:34 AM

Typical daily uneducated Chrono24 listing thread.

Current market price is still under $45K.

JacksonRain · 16 January 2022, 03:36 AM

Quote:

Originally Posted by vh2k

Chrono24 = market value FAIL

Current market price is still under $45K.

No kind Sir. You are still stuck in 2021, respectfully

vh2k · 16 January 2022, 03:42 AM

Quote:

Originally Posted by JacksonRain

No kind Sir. You are still stuck in 2021, respectfully

I’m in the chats (as many of us are). One sold yesterday for $44,250 and that’s the current peak. 12/2021 card.

JacksonRain · 16 January 2022, 03:43 AM

Quote:

Originally Posted by vh2k

I’m in the chats. One sold yesterday for $44,250. 12/2021 card.

we dont have all of the details about that particular example, but remember: Yesterday's price is not today's price, my dear.

vh2k · 16 January 2022, 03:46 AM

Quote:

Originally Posted by JacksonRain

we dont have all of the details about that particular example, but remember: Yesterday's price is not today's price, my dear.

You used a Chrono24 listing as evidence. TOTAL FAIL.

MiloDiThernan · 20 February 2022, 05:34 AM

Quote:

Originally Posted by vh2k

I’m in the chats (as many of us are). One sold yesterday for $44,250 and that’s the current peak. 12/2021 card.

You’re just wrong. UK sold for £40k in last three days. All prices on Chrono24 are achievable. I have seen 4 achieve chrono prices or better in real transactions. All this bias against chrono24 is partial. These prices are real. I’m not remotely interested in your bias, but other readers on the fence should know that these prices are real. If I’m right, in 3-6 months time they’ll be glad they read this post. And you’ll still be ranting in denial.

JSolution · 20 February 2022, 05:36 AM

Quote:

Originally Posted by MiloDiThernan

You’re just wrong. UK sold for £40k in last three days. All prices on Chrono24 are achievable. I have seen 4 achieve chrono prices or better in real transactions. All this bias against chrono24 is partial. These prices are real. I’m not remotely interested in your bias, but other readers on the fence should know that these prices are real. If I’m right, in 3-6 months time they’ll be glad they read this post. And you’ll still be ranting in denial.

Totally agree with you here. Im very connected to the grey market and the dealers as that’s where I buy. The stuff comes and goes, they then restock for more £ and sell for more £

asrah · 16 January 2022, 08:52 AM

Quote:

Originally Posted by vh2k

Typical daily uneducated Chrono24 listing thread.

Current market price is still under $45K.

💯 %. problem with people that they look at chrono for pricing reference.

Current gray market is still 45 , if anyone wants one reach out And I can link you with many trusted gray dealer selling at actual prices .

grimps · 17 January 2022, 02:03 PM

Quote:

Originally Posted by asrah

💯 %. problem with people that they look at chrono for pricing reference.

Current gray market is still 45 , if anyone wants one reach out And I can link you with many trusted gray dealer selling at actual prices .

I always say , take a look at Chrono and then knock 20% off if you intend on selling to a dealer

JacksonRain · 17 January 2022, 02:08 PM

Quote:

Originally Posted by grimps

I always say , take a look at Chrono and then knock 20% off if you intend on selling to a dealer

This is pretty accurate, honestly.

asiparks · 3 February 2022, 04:56 AM

Quote:

Originally Posted by vh2k

Typical daily uneducated Chrono24 listing thread.

Current market price is still under $45K.

Oh well, that makes it complete not bonkers then....

ap1 · 16 January 2022, 03:36 AM

Watchrecon is like 37 used

JacksonRain · 16 January 2022, 03:38 AM

Quote:

Originally Posted by ap1

Watchrecon is like 37 used

Go buy a mangled black dial pre-owned and enjoy! The opening thread is pretty detailed accurate

ap1 · 16 January 2022, 03:40 AM

Quote:

Originally Posted by JacksonRain

Go buy a mangled black dial pre-owned and enjoy! The opening thread is pretty detailed accurate

Why would I do that, have both at retail

JacksonRain · 16 January 2022, 03:42 AM

Quote:

Originally Posted by ap1

Why would I do that, have both at retail

RolexSimon · 26 January 2022, 07:30 AM

Quote:

Originally Posted by ap1

Watchrecon is like 37 used

With no guarantee if the watch is real / not stolen and no chance of getting your money back if you're duped. Watchrecon probably represents what you'd get from a Grey as a cash sale in which case 37 is about right - probably Grey sells for 45 after "discounting" the $50K watch.

10XRolex · 16 January 2022, 03:39 AM

Sweet. Mine is still stickered. Then again it does not matter, I'm not selling.

JacksonRain · 16 January 2022, 03:49 AM

Quote:

Originally Posted by 10XRolex

Sweet. Mine is still stickered. Then again it does not matter, I'm not selling.

Yes. I'm right there with you!

GONZO2LR · 11 March 2022, 03:59 AM

Quote:

Originally Posted by 10XRolex

Sweet. Mine is still stickered. Then again it does not matter, I'm not selling.

still stickered? why?...have you ever worn it?..sorry just asking!

16 January 2022, 03:10 AM	#1
JacksonRain "TRF" Member Join Date: Oct 2018 Location: Earth Posts: 2,305	SS Panda Daytona-C Hits 50k! So, that time has come -- UNWORN 2021 OR NEWER new card partially or fully stickered stainless steel white "panda" ceramic Daytona 500LN have hit $50,000.00. In the last couple of weeks, this particular piece, along with a few others, have really shot up in price -- both for greys having to pay higher "replacement costs" and end buyers. Some sellers have ran through their inventory, and some others have pulled back to see the watch go up and up in value, as they wait to relist to not miss out on profit from the new market price. Going up and up every single day!!

16 January 2022, 03:21 AM	#2
samuel019 2024 ROLEX DATEJUST41 Pledge Member Join Date: Sep 2012 Real Name: Anthony Location: Triad Watch: Me go broke!!!! Posts: 4,035	Owning a black 500 and other Daytonas even I say this is just bonkers. Sooooo not worth these prices which has been discussed ad nauseam here on TRF but 50k plus? Really?? Granted I am on the next one that comes in list for a 116505 or 116515 __________________ Rolex Collection: A few here and there. Just ask

16 January 2022, 03:25 AM	#5
Danny83 2024 ROLEX DATEJUST41 Pledge Member Join Date: Sep 2013 Real Name: Danny Location: Bay Area CA Watch: Yellow Gold Posts: 20,185	This is just discontinuation speculation …mostly dealers buying

16 January 2022, 03:34 AM	#12
vh2k "TRF" Member Join Date: Jun 2020 Location: USA Posts: 3,017	Typical daily uneducated Chrono24 listing thread. Current market price is still under $45K.

16 January 2022, 03:36 AM	#23
ap1 2024 Pledge Member Join Date: Mar 2013 Location: usa Posts: 19,126	Watchrecon is like 37 used

16 January 2022, 03:39 AM	#28
10XRolex 2024 Pledge Member Join Date: Aug 2012 Location: New Jersey, USA Posts: 1,585	Sweet. Mine is still stickered. Then again it does not matter, I'm not selling.

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