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nadavgalimidi · 24 October 2017, 03:39 AM

https://www.ebay.com/itm/401423323638?ul_noapp=true

Sorry, maybe I'm just stupid,

but I really don't see where the money is on this one...

Dial = trash.
Movement = trash.

What are they buying for almost 16K exactly?? The mid case + caseback?? (and the auction is not even over yet...)

JnmEaton · 24 October 2017, 04:24 AM

I think the actual PN watch has gotten everyone going crazy......

DuncanInLeeds · 24 October 2017, 06:03 AM

$20,900.00

Wow

nadavgalimidi · 24 October 2017, 06:24 AM

Sorry, but I just don't get it....

unreformed66 · 24 October 2017, 06:41 AM

Well, I guess if a guy had a donor Valjoux 72 laying around... The plates will most likely clean up. The steel parts are junk. It's hard to say what's left between the plates. I wouldn't attempt it unless I had a complete donor movement to pull parts from. But still, I just can't believe the prices on these watches to begin with.

btinl · 24 October 2017, 07:02 AM

"tropical movement"

nadavgalimidi · 24 October 2017, 07:09 AM

Quote:

Originally Posted by btinl

"tropical movement"

You should trademark this ASAP!

77T · 24 October 2017, 07:14 AM

To get it back to “value added” shape would mean sourcing a correct case back and bezel, too.
It won’t be anything other than a cobbled together Daytona otherwise. The auction text is interesting since Hess states their watchmakers could have brought it back to life. If so, why wouldn’t they maximize profit by restoration and retailing it for higher value?

Sent from my iPad using Tapatalk

roh123 · 24 October 2017, 07:26 AM

The case is one of the very first Rolex Daytonas. With a correct dial and bezel it is an extremely valuable watch.

https://www.hodinkee.com/articles/th...enjamin-clymer

DuncanInLeeds · 24 October 2017, 07:46 AM

Quote:

Originally Posted by roh123

The case is one of the very first Rolex Daytonas. With a correct dial and bezel it is an extremely valuable watch.

By the time you've fettled this watch, it'll be more like Trigger's Broom (thanks to Roger Lloyd-Pack in Only Fools and Horses).

roh123 · 24 October 2017, 07:53 AM

Quote:

Originally Posted by DuncanInLeeds

By the time you've fettled this watch, it'll be more like Trigger's Broom (thanks to Roger Lloyd-Pack in Only Fools and Horses).

Let's say you have a good dial in a bad case. Then spending 20k for this one isn't all bad.

dbhak22 · 24 October 2017, 08:26 AM

Quote:

Originally Posted by btinl

"tropical movement"

nadavgalimidi · 24 October 2017, 08:30 AM

Quote:

Originally Posted by roh123

The case is one of the very first Rolex Daytonas. With a correct dial and bezel it is an extremely valuable watch.

https://www.hodinkee.com/articles/th...enjamin-clymer

Yeah, but go find a Double Swiss dial...

BNA/LION · 24 October 2017, 08:41 AM

Might be a headache project for the rest of one's life to find parts and get all repairs done. Then what if the seal isn't tight?

roh123 · 24 October 2017, 08:43 AM

Quote:

Originally Posted by nadavgalimidi

Yeah, but go find a Double Swiss dial...

Sure. But that would be my guess why someone spends 20k on it. Which was the initial question. :)

It is a reasonable buy for someone with a dial or someone with a complete watch but with a bad case.

shawndww · 24 October 2017, 10:04 AM

I seen a Panerai go for the same in worst condition.

DaytonaDrifter · 24 October 2017, 11:19 AM

This looks like way too much work for $20,000. Very hard to believe the price got to $20,000; I was doubting $10,000 would be much surpassed.

Boy am I glad I got my four digit Daytonas before the Paul Newman sale. I'm guessing I wouldn't be able to afford them anymore. A grail Paul Newman is now very unlikely :(

nadavgalimidi · 24 October 2017, 11:41 AM

Quote:

Originally Posted by roh123

It is a reasonable buy for someone with a dial or someone with a complete watch but with a bad case.

And you consider this to be a "Good" case?

soundserious · 24 October 2017, 01:03 PM

The dial and handset alone are worth more than half the purchase price. The only thing appreciating faster than vintage Rolex watches is oem parts for vintage Rolex watches.

greekbum · 24 October 2017, 01:09 PM

imho if the movement is not pitted and comes apart it was a homerun. the mid case and caseback alone imho are $12-15k The dial in the watch is worthless. If the mainplate and a few other key parts are good in the movement the buyer did very well.

mobster600 · 24 October 2017, 01:12 PM

wow....anyone ever watched the show Graveyard Cars? They turn otherwise junked out mopars back into 6 figure builds. This is the same thing for the vintage daytonas. Restore them back to life. Someone will buy it when finished. Good thinking on their part

nadavgalimidi · 24 October 2017, 01:45 PM

Quote:

Originally Posted by soundserious

The dial and handset alone are worth more than half the purchase price. The only thing appreciating faster than vintage Rolex watches is oem parts for vintage Rolex watches.

You might want to look closer. That dial is toast.

roh123 · 24 October 2017, 09:30 PM

Quote:

Originally Posted by nadavgalimidi

And you consider this to be a "Good" case?

Yes.

Vincent65 · 26 October 2017, 03:56 AM

"I can understand spending 10 Mil. on the Newman Daytona"

Really - that's rational/justifiable?!

jeff hess · 17 November 2017, 02:05 PM

actually i thought it went cheap. I paid 15k for it from another dealer and was confident it would bring 25k or more. I have been buying Daytonas since the 80's. Back then I would take literally (not bragging...) BAGS of Daytonas to Italy to sell. I wild them for 2500 and they gave me 3k if it ha an "exotic" dial. (called Newman now). I once had a brown dialed brown marker version of the "exotic" and no one wanted it so I had the dial redone!!! (yes, it was "tropical" but than phenom had not been invented yet....lol.

Vincent65 · 17 November 2017, 07:36 PM

Quote:

Originally Posted by jeff hess

actually i thought it went cheap. I paid 15k for it from another dealer and was confident it would bring 25k or more. I have been buying Daytonas since the 80's. Back then I would take literally (not bragging...) BAGS of Daytonas to Italy to sell. I wild them for 2500 and they gave me 3k if it ha an "exotic" dial. (called Newman now). I once had a brown dialed brown marker version of the "exotic" and no one wanted it so I had the dial redone!!! (yes, it was "tropical" but than phenom had not been invented yet....lol.

Classic!

Fascinating how times and trends have changed in a couple of decades or so. Hype.

Vincent65 · 17 November 2017, 07:37 PM

Quote:

Originally Posted by nadavgalimidi

And you consider this to be a "Good" case?

The case looks pretty good to me.

Casey VP-26 · 30 November 2017, 09:17 AM

Someone will turn it into a 80-100 thousand dollar watch.

janice&fred · 30 November 2017, 11:51 AM

i say mazel tov to the seller and buyer. the watch was pictured clearly and sold fair and square.

southtexas · 1 December 2017, 06:31 AM

Quote:

Originally Posted by jeff hess

actually i thought it went cheap. I paid 15k for it from another dealer and was confident it would bring 25k or more. I have been buying Daytonas since the 80's. Back then I would take literally (not bragging...) BAGS of Daytonas to Italy to sell. I wild them for 2500 and they gave me 3k if it ha an "exotic" dial. (called Newman now). I once had a brown dialed brown marker version of the "exotic" and no one wanted it so I had the dial redone!!! (yes, it was "tropical" but than phenom had not been invented yet....lol.

HOLY $&1(!!!

Sent from my iPhone using Tapatalk

24 October 2017, 03:39 AM	#1
nadavgalimidi "TRF" Member Join Date: Sep 2011 Real Name: Nadav Location: USA Watch: 6263 Daytona Posts: 149	I can understand spending 10 Mil. on the Newman Daytona. But this?? https://www.ebay.com/itm/401423323638?ul_noapp=true Sorry, maybe I'm just stupid, but I really don't see where the money is on this one... Dial = trash. Movement = trash. What are they buying for almost 16K exactly?? The mid case + caseback?? (and the auction is not even over yet...)

24 October 2017, 06:24 AM	#4
nadavgalimidi "TRF" Member Join Date: Sep 2011 Real Name: Nadav Location: USA Watch: 6263 Daytona Posts: 149	Unreal... Sorry, but I just don't get it....

24 October 2017, 07:14 AM	#8
77T 2024 ROLEX DATEJUST41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 40,724	To get it back to “value added” shape would mean sourcing a correct case back and bezel, too. It won’t be anything other than a cobbled together Daytona otherwise. The auction text is interesting since Hess states their watchmakers could have brought it back to life. If so, why wouldn’t they maximize profit by restoration and retailing it for higher value? Sent from my iPad using Tapatalk __________________ Does anyone really know what time it is?

24 October 2017, 08:41 AM	#14
BNA/LION 2024 ROLEX DATEJUST41 Pledge Member Join Date: May 2011 Real Name: Larry Location: San Diego, CA Watch: ROLEX Posts: 25,206	Might be a headache project for the rest of one's life to find parts and get all repairs done. Then what if the seal isn't tight? __________________ ✦ 28238 President DD 18K/YG ✦ 16610LN SS Sub ✦ 16613 18K/SS Serti ✦ 16550 Exp II Non-Rail Cream Dial ✦ Daytona C 116500 ✦ 126710 BLRO GMT-Master II ✦ NEXT-->? ⛳ Hole In One! 10/3/19 DMCC 5th hole, par 3, 168 yards w/ 4-Iron.

24 October 2017, 01:03 PM	#19
soundserious "TRF" Member Join Date: Aug 2011 Location: usofmfa Posts: 3,157	The dial and handset alone are worth more than half the purchase price. The only thing appreciating faster than vintage Rolex watches is oem parts for vintage Rolex watches. __________________ Instagram: soundsoserious

24 October 2017, 04:24 AM	#2
JnmEaton "TRF" Member Join Date: Sep 2016 Location: Gulfport Watch: 18038 Presidential Posts: 1,009	I think the actual PN watch has gotten everyone going crazy......

24 October 2017, 06:03 AM	#3
DuncanInLeeds Banned Join Date: Aug 2017 Real Name: Duncan Location: Leeds Watch: Daytona 116500LN Posts: 83	$20,900.00 Wow

24 October 2017, 06:41 AM	#5
unreformed66 "TRF" Member Join Date: Jan 2017 Location: United States Posts: 34	Well, I guess if a guy had a donor Valjoux 72 laying around... The plates will most likely clean up. The steel parts are junk. It's hard to say what's left between the plates. I wouldn't attempt it unless I had a complete donor movement to pull parts from. But still, I just can't believe the prices on these watches to begin with.

24 October 2017, 07:02 AM	#6
btinl 2024 Pledge Member Join Date: Aug 2010 Location: . Watch: on my wrist Posts: 1,942	"tropical movement"

24 October 2017, 07:26 AM	#9
roh123 "TRF" Member Join Date: Jun 2010 Real Name: Per Location: Sweden Watch: Gilt Rolex Posts: 2,946	The case is one of the very first Rolex Daytonas. With a correct dial and bezel it is an extremely valuable watch. https://www.hodinkee.com/articles/th...enjamin-clymer

24 October 2017, 10:04 AM	#16
shawndww "TRF" Member Join Date: Jun 2012 Location: SSM Watch: Rolex GMT 6542 Posts: 268	I seen a Panerai go for the same in worst condition.

24 October 2017, 11:19 AM	#17
DaytonaDrifter "TRF" Member Join Date: Aug 2015 Location: New York Watch: Daytona 6239+6263 Posts: 35	This looks like way too much work for $20,000. Very hard to believe the price got to $20,000; I was doubting $10,000 would be much surpassed. Boy am I glad I got my four digit Daytonas before the Paul Newman sale. I'm guessing I wouldn't be able to afford them anymore. A grail Paul Newman is now very unlikely :(

24 October 2017, 01:09 PM	#20
greekbum "TRF" Member Join Date: Apr 2007 Real Name: Nikos Location: Florida Watch: Rolex GMT 16750 Posts: 8,415	imho if the movement is not pitted and comes apart it was a homerun. the mid case and caseback alone imho are $12-15k The dial in the watch is worthless. If the mainplate and a few other key parts are good in the movement the buyer did very well. __________________ Follow Me On Instagram @nickgogas Original Owner ROLEX 16750 GMT Daily Wearer For Over 13,000 Days And Counting

24 October 2017, 01:12 PM	#21
mobster600 2024 Pledge Member Join Date: Jan 2017 Location: USA Watch: Yes Posts: 1,477	wow....anyone ever watched the show Graveyard Cars? They turn otherwise junked out mopars back into 6 figure builds. This is the same thing for the vintage daytonas. Restore them back to life. Someone will buy it when finished. Good thinking on their part

26 October 2017, 03:56 AM	#24
Vincent65 "TRF" Member Join Date: Aug 2012 Location: Switzerland Posts: 14,293	"I can understand spending 10 Mil. on the Newman Daytona" Really - that's rational/justifiable?! __________________

17 November 2017, 02:05 PM	#25
jeff hess "TRF" Member Join Date: Sep 2008 Real Name: Jeffrey P Hess Location: florida Watch: Patek and Ball Posts: 516	actually i thought it went cheap. I paid 15k for it from another dealer and was confident it would bring 25k or more. I have been buying Daytonas since the 80's. Back then I would take literally (not bragging...) BAGS of Daytonas to Italy to sell. I wild them for 2500 and they gave me 3k if it ha an "exotic" dial. (called Newman now). I once had a brown dialed brown marker version of the "exotic" and no one wanted it so I had the dial redone!!! (yes, it was "tropical" but than phenom had not been invented yet....lol.

30 November 2017, 09:17 AM	#28
Casey VP-26 "TRF" Member Join Date: Jun 2009 Location: America Posts: 2,671	Someone will turn it into a 80-100 thousand dollar watch.

30 November 2017, 11:51 AM	#29
janice&fred Banned Join Date: Jul 2010 Real Name: janice Location: St.Petersburg Fl Watch: all of them! Posts: 673	i say mazel tov to the seller and buyer. the watch was pictured clearly and sold fair and square.

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