SS Panda Daytona-C Hits 50k!

[SocialMediaUser]

Originally Posted by samuel019

Pal you totally missed my point which is easy to do on a forum when typing versus having a real conversation. We are not taking about children, cancer, horses nor the “good ol days”

I’ve been here on TRF since 2012 and then versus now the environment is much different. Maybe those type of threads from back then don’t interest you at all and that’s perfectly fine. But for some of us they do/did

That was the point.


Sent from my iPhone using Tapatalk

Then I say I am sorry.

Like you stated sometimes things get lost in text that would be fully understood eye to eye.
Also language barriers sometimes make it difficult as english is my third language.
But I do the best that I can,and try to explain what I meant if missunderstood.

But I think we both can agree that this forum is big enough for everyone.
The ones that like to discuss subjects from "back when" and others that like current "The Hype/Investments/Values"

I do not (or at least try not to) pop in threads that do not interest me and voice my opinion how dumb they are.
At the end of the day we all on this forum like the same things,but for different reasons maybe

[Nav01L]

[QUOTE=10XRolex;11930819]

Originally Posted by vh2k

I generally love your posts, brother... and I have no doubt the 116500 will/could hit $50K in a few weeks, $60K in a few months, and maybe even $75K this year.

But let’s not point to nonsense listings on C24 to indicate current market price.

Heck, at this craziness I'd have to change my mind when it comes to selling. At 75k I would be out and dancing my way to the bank.

But crying a few months later when it hits 100k

[train-time]

Originally Posted by 10XRolex

But crying a few months later when it hits 100k

The damn thing is becoming a 401(k)

[Madman37]

Lol chrono there is a green op on chrono in the uk for £75k

[huncho]

Originally Posted by Nav01L

But crying a few months later when it hits 100k

bitcoin or daytona to 100k first? lol

[1665fan]

Originally Posted by train-time

The damn thing is becoming a 401(k)

Cryptona!!!!!

[TswaneNguni]

Enjoying my Panerai collection ,more and more

Leaving the little precious ones in storage .Cannot let sunlight scratch them anymore ...

[mtrunner]

All I can say some people have way too much money if they are okay with spending $50,000 plus on this watch.

[Nav01L]

[QUOTE=train-time;11931003]

Originally Posted by Nav01L

The damn thing is becoming a 401(k)

Yeah, with the exception that by the time we hit that age, the hype will have shifted to something else. I don’t say all of this is a bubble, but when you look over the mega long term (I’m 35 years away from the age I’d consider retirement), things will inevitably change. Either the “profit” will get eaten up by inflation or the prices will come down. 3 years ago the same hype had befallen vintage Daytonas, and look at them now. None of this is forever.

I think if you really want to put energy into something, don’t try to get a stupid watch that’ll make you even 80,000 $ in upside and instead, get your life to a place where you can afford not to care about these things. Your happiness and how you cater to your needs should really not rest on your ability to make 80,000 $ on the back of that one hype watch you got lucky with (or on the 2 or three). As it shouldn’t rely on other windfall revenues and nice to haves. Seriously, in the time the Daytona appreciated from 18,000 $ to whatever it is now, I for one have arranged my professional life in a way where it would be easier for me to afford it at grey prices now than it was for me at the lower values back then. Better to invest into yourself and proper investment assets, rather than spend your time glued to Chrono24 for something that might sound like a big number by itself, but that won’t get you anywhere in the way of sustaining your existence over any reasonable period of time or realizing anything else that would be noteworthy.

Sorry for that JacksonStone, I did not mean to lessen your excitement in any way with that, in fact it’s quite adorable.

[Nav01L]

Originally Posted by mtrunner

All I can say some people have way too much money if they are okay with spending $50,000 plus on this watch.

Yeah, they do. Good for them, no?

[mtrunner]

Originally Posted by Nav01L

Yeah, they do. Good for them, no?

Just making a comment that even if you do have a lot of money, this has gotten a bit ridiculous. That is a lot of money for a SS watch.

[JacksonRain]

[QUOTE=Nav01L;11931035]

Originally Posted by train-time

Yeah, with the exception that by the time we hit that age, the hype will have shifted to something else. I don’t say all of this is a bubble, but when you look over the mega long term (I’m 35 years away from the age I’d consider retirement), things will inevitably change. Either the “profit” will get eaten up by inflation or the prices will come down. 3 years ago the same hype had befallen vintage Daytonas, and look at them now. None of this is forever.

I think if you really want to put energy into something, don’t try to get a stupid watch that’ll make you even 80,000 $ in upside and instead, get your life to a place where you can afford not to care about these things. Your happiness and how you cater to your needs should really not rest on your ability to make 80,000 $ on the back of that one hype watch you got lucky with (or on the 2 or three). As it shouldn’t rely on other windfall revenues and nice to haves. Seriously, in the time the Daytona appreciated from 18,000 $ to whatever it is now, I for one have arranged my professional life in a way where it would be easier for me to afford it at grey prices now than it was for me at the lower values back then. Better to invest into yourself and proper investment assets, rather than spend your time glued to Chrono24 for something that might sound like a big number by itself, but that won’t get you anywhere in the way of sustaining your existence over any reasonable period of time or realizing anything else that would be noteworthy.

Sorry for that JacksonStone, I did not mean to lessen your excitement in any way with that, in fact it’s quite adorable.

Adorable, ay? You are TOO CUTE!!

Look at this little mini JacksonRain Rabbit with his adorable posts about market prices and copycat threads re JayZ and Tiffany dials - I would pinch your cheeks and kiss you on your cranial if you were here.

One thing to remember, you do not know what people have or what they don't have just by looking at keystrokes on the internet... You cannot measure or gauge their finances or how they have situated themselves financially and professionally.

Respectfully, the mere fact that you submitted that post with that sort of rhetoric makes it clear for everyone with any sense on this forum that you have a lot of living and learning left in your life, my dear.

[Randy9999]

Does anybody here believe in free markets? Or basic Keynesian concepts like supply-and-demand (even if you eschew other of Keynes's positions)?? It sounds instead like TRF has become a den of resentful socialists to me. If the market economy says the Panda is worth $50K, that's exactly what it's worth.

[JacksonRain]

Originally Posted by Randy9999

Does anybody here believe in free markets? Or basic Keynsian concepts like supply-and-demand (even if you eschew other of Keynes's positions)?? It sounds instead like TRF has become a den of resentful socialists to me. If the market economy says the Panda is worth $50K, that's exactly what it's worth.

This.

[JacksonRain]

We need a proper picture, my friends.

[Polarexplorerii]

$50K just hits different when knowing that it retails for $13-$14K... The market is just crazy in EVERYTHING not just watches.

[inadeje]

Originally Posted by Randy9999

Does anybody here believe in free markets? Or basic Keynesian concepts like supply-and-demand (even if you eschew other of Keynes's positions)?? It sounds instead like TRF has become a den of resentful socialists to me. If the market economy says the Panda is worth $50K, that's exactly what it's worth.

Well put

[Xtralarg]

Originally Posted by huncho

rolex/patek/ap have been getting mentions by every popular rap artist for a long time. now with rap being the most popular genre, mostly among teens/young adults, everyone has even heard of patek at this point. it's not surprising that 16 year olds know about the 3 brands now when the biggest music artists are constantly name dropping them. i'll always be of the belief that rappers (especially future and offset) started this mania in the mid 2010s

I wish they would rap about Tag and leave Rolex out of this! I have Daytonas, including a 116500, all at MRSP. Despite that I still wish prices would retrace, and that we could at least by a DJ out of the AD's window!

[Roger Lococco]

Sent from my iPhone using Tapatalk

[1665fan]

Originally Posted by Xtralarg

I wish they would rap about Tag and leave Rolex out of this! I have Daytonas, including a 116500, all at MRSP. Despite that I still wish prices would retrace, and that we could at least by a DJ out of the AD's window!

Yea….fortunately I’ve never heard the word Daytona mentioned in a rap……if that happens we’re all doomed lol…..glad I have a few already

[Nav01L]

[QUOTE=JacksonRain;11931051]

Originally Posted by Nav01L

Adorable, ay? You are TOO CUTE!!

Look at this little mini JacksonRain Rabbit with his adorable posts about market prices and copycat threads re JayZ and Tiffany dials - I would pinch your cheeks and kiss you on your cranial if you were here.

One thing to remember, you do not know what people have or what they don't have just by looking at keystrokes on the internet... You cannot measure or gauge their finances or how they have situated themselves financially and professionally.

Respectfully, the mere fact that you submitted that post with that sort of rhetoric makes it clear for everyone with any sense on this forum that you have a lot of living and learning left in your life, my dear.

Oh boy, I have a feeling that post says a lot more about you than it does about me. But I’d encourage you to read what you repost more thoroughly before you do. One is an incoming for a watch I was very happy to purchase with no relation to its market value, the other is an expression of disbelief given the fact a near identical watch was available before with the older modular movement. Please enlighten me as to where there’s any hype mongering in any of those posts?

[logo]

Originally Posted by Randy9999

Does anybody here believe in free markets? Or basic Keynesian concepts like supply-and-demand (even if you eschew other of Keynes's positions)?? It sounds instead like TRF has become a den of resentful socialists to me. If the market economy says the Panda is worth $50K, that's exactly what it's worth.

Originally Posted by JacksonRain

This.

A friendly reminder that in free markets there is a difference between price and value. For any given market price, there can be an entirely different relationship to fair value estimation based on the buyer and overall market condition. What you are hearing is that while price has indeed been decided by the market, many here do not see the value at that price. Two entirely different things.

[rolexpure]

$50k for this? LOL

As a owner this watch is not worth ANYWHERE NEAR $50K!!! hahahaha

I think its time to sell if they are really selling for these prices.

[asrah]

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 .

[RJRJRJ]

Originally Posted by rolexpure

$50k for this? LOL

As a owner this watch is not worth ANYWHERE NEAR $50K!!! hahahaha

I think its time to sell if they are really selling for these prices.

How would you be able to sell it if it's not worth that amount?

[Nav01L]

Originally Posted by mtrunner

Just making a comment that even if you do have a lot of money, this has gotten a bit ridiculous. That is a lot of money for a SS watch.

Wasn’t disagreeing on the fact that much better watches in terms of their mere metal and workmanship may be available at those prices, and wouldn’t spend the money on a Daytona either. In fact, I didn’t buy it even when it was offered to me at list. But then again I don’t think we should second guess the motives of the people who feel this thing is worth 50k to them or however much they are willing to pay. They were mature enough to get that money they’re mature enough to spend it. If they see a reason to make that expenditure, there’s probably something in the watches’ soft factors like image, braggability, aesthetics, whatever, that’s worth it to them. No need for anyone to be resentful about that.

[Nav01L]

Originally Posted by logo

A friendly reminder that in free markets there is a difference between price and value. For any given market price, there can be an entirely different relationship to fair value estimation based on the buyer and overall market condition. What you are hearing is that while price has indeed been decided by the market, many here do not see the value at that price. Two entirely different things.

Those finer points are often lost when repeating mantras…

[richard371]

6263s are going for 100k. Is it worth it? Things are worth what market says they are worth.

[Solo118]

Originally Posted by richard371

6263s are going for 100k. Is it worth it? Things are worth what market says they are worth.

At least that is a watch no longer in production, there is a certain amount out there and no more. The 116500 will be in production for the foreseeable future.

[richard371]

True but it is what it is.

Originally Posted by Solo118

At least that is a watch no longer in production, there is a certain amount out there and no more. The 116500 will be in production for the foreseeable future.