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10 May 2024, 08:13 PM | #1 |
"TRF" Member
Join Date: Aug 2015
Real Name: Vetracer
Location: London
Watch: Daytona 116500LN
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Trade Advice
Hi All
I suspect I'll get bias depending on whether I ask this question on the Rolex Forum v the Patek Philippe forum. I'm asking on the Rolex forum because the watch I'm considering trade into is the Rolex 116506, Platinum Daytona. I have a full set, 2018 Patek Philippe, white dial, 5711 in new condition. I also have a full set, unworn, 2024 Omega Snoopy 50th Anniversary. I've not worn either watch. The 5711 is beautiful but seems delicate. I've just never wanted to scratch up the finely brushed case. I've been offered to trade both watches for a full set, 2019, Rolex 116506, Platinum Daytona with no cash either way. Would you do it? |
10 May 2024, 08:18 PM | #2 |
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Real Name: PaulG
Location: Georgia
Posts: 41,063
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No
The 5711 alone is worth swapping, but the Omega in addition makes it lopsided. Find a member here with a 116506 for a fairer trade. Sent from my iPhone using Tapatalk Pro
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10 May 2024, 09:07 PM | #3 |
"TRF" Member
Join Date: Aug 2015
Real Name: Vetracer
Location: London
Watch: Daytona 116500LN
Posts: 583
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Had no idea the 5711 was an even swap. Thanks for your input.
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10 May 2024, 09:07 PM | #4 |
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Location: Maui
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Hmm...what is the condition of the Daytona?
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10 May 2024, 09:15 PM | #5 |
"TRF" Member
Join Date: Aug 2015
Real Name: Vetracer
Location: London
Watch: Daytona 116500LN
Posts: 583
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10 May 2024, 09:16 PM | #6 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 45,570
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A swap for a Platinum Daytona would be a good thing. The numbers on this deal are way off to me. Shop around a bit and see what else is offered from other dealers.
Last edited by 1William; 10 May 2024 at 09:17 PM.. Reason: spelling |
10 May 2024, 09:51 PM | #7 |
2024 ROLEX DATEJUST41 Pledge Member
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Real Name: Richard
Location: GA
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For myself….it would depend on what else I have in my collection
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10 May 2024, 10:10 PM | #8 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 41,063
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Trade Advice
The market values are equivalent to me - but if you are trading with a dealer, they will discount your 5711 to make a profit on it when they eventually sell it. Just like the dealer undoubtedly did with the person from whom they acquired the Platona. That was why I suggested a TRF member might do a fairer trade. Sent from my iPhone using Tapatalk Pro
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Does anyone really know what time it is? |
10 May 2024, 11:00 PM | #9 |
2024 Pledge Member
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Real Name: Brian (TBone)
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Posts: 74,814
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Nope, I prefer the two you have
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10 May 2024, 11:15 PM | #10 |
"TRF" Member
Join Date: May 2019
Location: Uk
Watch: RolexGMT/Tudor7928
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I wouldn’t be doing that trade.
For me the two you have are better than the Daytona |
10 May 2024, 11:19 PM | #11 |
"TRF" Member
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Location: US
Posts: 1,057
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I have a white dial 5711 and definitely would not make that trade.
If you're set on trading for a platinum daytona, the 126506 is much better candidate imo |
10 May 2024, 11:21 PM | #12 |
"TRF" Member
Join Date: Jul 2018
Location: Houston, TX
Watch: KERMIT 16610LV
Posts: 615
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No walk away and wait for your Patek.
Sent from my iPhone using Tapatalk |
11 May 2024, 12:09 AM | #13 | |
2024 ROLEX DATEJUST41 X2 Pledge Member
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Location: GA
Posts: 4,544
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Quote:
Edit: I just did a quick scan, didn't find many of either. It does look like the white 5711 is going for closer to 85-90 and the 506 is in the 95-105 range |
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11 May 2024, 12:30 AM | #14 | |
"TRF" Member
Join Date: Aug 2015
Real Name: Vetracer
Location: London
Watch: Daytona 116500LN
Posts: 583
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Quote:
Thanks for the price check |
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11 May 2024, 02:12 AM | #15 |
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Location: USA
Posts: 386
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I think there are multiple resources to gauge the market value of all these pieces... Cannot just take the numbers offered to you and ask whether its good or not. Check chrono 24, check david SW, look at the actual retail prices... and go from there.
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116710BLNR; 126710BLRO; 116500LN; Speedmaster Pro Moonphase; Navitimer 01 LE, SM300 Heritage. |
11 May 2024, 06:53 AM | #16 |
"TRF" Member
Join Date: Aug 2015
Real Name: Vetracer
Location: London
Watch: Daytona 116500LN
Posts: 583
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The problem is there is a vast price disparity between UK and USA deals. My observation is that in the UK, I would love to buy the watches I see advertised. I know there is sales tax to pay in the US, but the prices on forums always make my mouth water in comparison to the prices offered by UK greys.
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11 May 2024, 08:04 AM | #17 |
2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
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I would trade, the Plat Daytona is a lot more watch than the SS Nautilus, even given the brand premium, and the white dial is not nearly as nice as the ice blue.
Side note - funny you picked two watches with old toilet nicknames, Patek's toilet seat v Rolex's what goes in it. |
11 May 2024, 08:06 AM | #18 |
"TRF" Member
Join Date: Nov 2010
Real Name: AJ
Location: USA
Watch: Swiss
Posts: 5,224
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I’d trade the Snoopy towards the Daytona and keep 5711.
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11 May 2024, 03:34 PM | #19 |
Banned
Join Date: Mar 2024
Real Name: Mike
Location: USA
Watch: Swiss Made
Posts: 596
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I wouldn’t do it
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11 May 2024, 03:49 PM | #20 |
"TRF" Member
Join Date: Feb 2019
Location: NY
Posts: 16
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I wouldn’t do the trade
Sent from my iPhone using Tapatalk |
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