DAVIDSW running out of Daytona to sell

[HHIslander]

Originally Posted by Goin2drt

These guys know the market. Rather than taking the beating the social media and forums will give them by one day at $X and tomorrow at $x + $y they often do this. Pull down all the inventory for several days to make everyone think they are out and then whammo the new listings go up and the new prices are in.

Happened when the Hulk started going crazy. It happened a little over a year ago when the white face Daytona was going crazy with the big jump in short time. I browse the top TS weekly and it just isn't coincidence that they have 4-6 for sale, one day they have zero the next and then a week later they have 4-6 for sale again at the higher "market price".

BTW I would do the exact same thing since they are selling at a "buy now" price rather than an auction pricing model. They know their sh&t. It is the reason they all run very successful gray dealers.

This X 100.

I've noticed the exact same thing. They know that the longer they hold it, the more money they are likely to make. I think they only list inventory now when they need cash and keep the rest of them in the safe.

[rambo99]

just saw there is an excellent condition ss black dial daytona on david's website for just $3,9000 dollars! you better go get it fast, i bet it will be sold out in 60 minutes!

[DRS Enabled]

I had year end price targets of $50k / $30k for Panda Daytona and Pepsi GMT. Looks like we hitting those in Q1. OC Rolex Guy has a Pepsi for $29k right now.

[1665fan]

Originally Posted by DRS Enabled

I had year end price targets of $50k / $30k for Panda Daytona and Pepsi GMT. Looks like we hitting those in Q1. OC Rolex Guy has a Pepsi for $29k right now.

Yea I’ve never seen many 116520 over 30k now at the same time……

[Driver8]

Originally Posted by Goin2drt

These guys know the market. Rather than taking the beating the social media and forums will give them by one day at $X and tomorrow at $x + $y they often do this. Pull down all the inventory for several days to make everyone think they are out and then whammo the new listings go up and the new prices are in.

Happened when the Hulk started going crazy. It happened a little over a year ago when the white face Daytona was going crazy with the big jump in short time. I browse the top TS weekly and it just isn't coincidence that they have 4-6 for sale, one day they have zero the next and then a week later they have 4-6 for sale again at the higher "market price".

BTW I would do the exact same thing since they are selling at a "buy now" price rather than an auction pricing model. They know their sh&t. It is the reason they all run very successful gray dealers.

Exactly my point from earlier in the thread - a little artificial scarcity and everyone has a FOMO panic attack, making the watch-buying public more receptive to even higher prices when they're back up for sale again.

IT'S ALL JUST A GAME to make even more money for those selling them.

[macrowatch]

Everyone knows that the gray cartel has been actively destroying inventory to create true scarcity. For every three watches they buy they destroy two and sell one to prove all the naysers about daytonas being rare wrong.

[Benzsiam]

It’s free market, the seller will raise the price as much as they can, if nobody buys it, eventually they will have to lower their price to get their merchandise moving.

[Maxy]

I get emails from DavidSW to sell my Rolex on weekly basis!

[dpt.calvin]

He will acquire more as needed.

[Mystro]

I don’t get why some are pissed off at DavidSW how he sells his watches??? You can always buy the same watch from a Rolex authorize dealer if you don’t want to play ball with the free market. Then again you may be playing a different and considerably longer ball game with your AD.

[Tavli3]

I doubt there’s any conspiracy theory going on here. It’s simply that David is selling them faster then he can rebuy. Which corroborates what I see on C24 over the past 3 years.

When I started looking at the 116500 there were over 600 listed for average price in mid 20s for white dial. Everyone was like that’s crazy it’s ridiculous people are dumb etc.

Then number of watches dropped into mid 500s and prices went up to high 20s with a few breaching 30k.
Again the chorus of that’s crazy, insane , dumb and ridiculous.

Then the number listed dropped to
Mid 400s and prices went up to mid to high 30s with a few breaking 40k. Again same chorus it’s insane, stupid, ridiculous and crazy prices.

Now the number of watches listed is in mid 300s and avg price for white dial is almost mid 40s with a few piercing the 50k barrier and one new 2022 model with stickers listed for 55k!

So all together now! Crazy stupid insane ridiculous prices paid by dumb people!!

It’s very simple inventory is coming down and prices are going up. And David is doing what he’s in existence for which is to sell watches at the highest prices he can and I’m sure he could care less if he sells online, at the Miami antique show or right in his store.


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[Henrimontgomery]

You’re all overthinking this.

It’s just Rolex that stopped selling to flippers. Thus grey don’t have inventory anymore.

[1665fan]

Probably just putting up 1 at a time to price gouge……….I prefer 116520 and they serve me fine

[richard371]

Exactly. Most of them are honest entrepreneurs. These are not life saving drugs that people/children need. That would be a different story and sadly happens.

Originally Posted by HHIslander

This X 100.

I've noticed the exact same thing. They know that the longer they hold it, the more money they are likely to make. I think they only list inventory now when they need cash and keep the rest of them in the safe.

[telesquire]

Guys, y'awl reading into the lack of Daytona on his site too much, he's on vacation....I just passed him on his yacht. No time to update the site he's having too much fun....




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[bob sims]

Originally Posted by rambo99

by the end of this month.

By this time next week.
People have to drop the conspiracy theories.
In a world of 8 billion a highly salivated after watch produced in quantaties of 10 or 12 thousand per year is RARE and most definitely not a "mass produced piece of metal" etc., etc.

[Chewbacca]

Maybe David can get some S. Coifman for the time being?

[Brucehbrown]

Maybe there’s a Grey Market waiting list now. Only customers who have bought
watches in the past from DavidSW will get the call on that Daytona! Crazy?

[smallcollector]

^ haha

[Shola]

Originally Posted by asiparks

Or
demand is down so he’s not restocking as much
Flippers are asking more than he wants to pay
His supply has been restricted-owners holding instead of selling
Sees a downside on the horizon and doesn’t want to be holding

Who knows, other than David….

Lol yeah I offered him a new 36 inch rose gold president for over msrp and he declined.

[malba2366]

There are 82 BNIB for sale on Chrono24...time to move on.

[OH2004]

The problem with davidsw is they always lowball people. Same with watchbox. They must be working on a 35% margin for everything except the hottest model. I never sold a watch to them but just to see what they paying for their stock.

[rsalinas]

How much would David’s offer for a new panda?

[huncho]

Originally Posted by OH2004

The problem with davidsw is they always lowball people. Same with watchbox. They must be working on a 35% margin for everything except the hottest model. I never sold a watch to them but just to see what they paying for their stock.

david has a pretty big store and employees so he needs bigger margins. that's also why his prices are higher than most. for the most part people severely overestimate how much greys will offer for their watches

[1665fan]

Originally Posted by huncho

david has a pretty big store and employees so he needs bigger margins. that's also why his prices are higher than most. for the most part people severely overestimate how much greys will offer for their watches

Lots of employees and a Ferrari……

[Roger Lococco]

Originally Posted by rsalinas

How much would David’s offer for a new panda?

If you e-mail him, he will probably tell you. I'm guessing $36k.

[noshake]

Originally Posted by Brucehbrown

Maybe there’s a Grey Market waiting list now. Only customers who have bought

watches in the past from DavidSW will get the call on that Daytona! Crazy?

[Roli4life]

Not very surprised. I guess word is getting out that it’s hard to find a Chrono that offers so much in such a compact and durable package.

[RolexSimon]

Haha - just look at EWC in Boston - the watches keep circling through as new "incoming" if they don't sell at first.

[WatchGuy1966]

Originally Posted by OH2004

The problem with davidsw is they always lowball people. Same with watchbox. They must be working on a 35% margin for everything except the hottest model. I never sold a watch to them but just to see what they paying for their stock.

Based on their offers to me vs the current asking price at the time, I think you are correct