Am I nuts for considering a gold Daytona as my first Rolex?

[acheronsgrief]

I wanted a PM Daytona from the start, and I messed around with a bunch of other stuff before getting over the mental hurdle of the price and pulling the trigger recently. If I could do it all again I’d just have gotten the Daytona from the start and saved a lot of time and money. Go for it!

[GB-man]

Without reading your post I would say not nuts but wise. Good choice.

[Johnpierpontmorgan]

Precious metals are good


Just try to find a good bargain and haggle with the AD to give better discounts


And then drop your name too for a sports steel (explorer 1, no date sub etc) should be easy

[DG123]

Originally Posted by brnn

I know the usual advice is to buy the watch you love, and not consider future value, but with this kind of spend, I simply have to consider value retention. !

I think this is essentially why the "hot Rolex watches" are a few of the stainless steel models (ss Daytona, ss SD, ss GMT). Consumers want to buy these from an AD at near MSRP because they believe these few SS watches will financially appreciate the most.
For price reasons the gold Daytona is not as "hot" as SS version. But of you would enjoy wearing a gold Daytona then buy one. When /if you sell it the watch will likely not have financially depreciated too much.

[honuswagner13]

If you are new to buying a Rolex, but want an all out gold model, do the ADs generally bend a bit on the price and offer a discount on the all gold Daytona’s for example? What have other’s experienced? 5% or am I not even close?

[NeoAnderson]

Just wait you werent even looking for that watch. If in a few months you really want it buy it. I sure any nice watch they show you you'll get a boner over.

[brnn]

Wow, thank you all for the great replies and advice. A welcome change from some other forums where people beat you over the head for considering spending this kind of money.

Appreciate the heads up on pricing. I did check out Chrono24 and it seems to be in the ballpark, although a few are asking for 32k-ish without papers. This particular example looks new with all the papers and receipt from late 2019 (nothing on the PCLs). Of course, Chrono24 listed price doesn't necessarily equal actual sales price.

After sleeping on it though I fear I might hesitate to wear it daily due to the softness of the gold and my obsessiveness with condition on such a nice piece (I'm the kind of guy who parks his new car way out in the back of the lot). I already hesitate to wear my dad's Speedmaster since it's an heirloom and somewhat fragile with the plastic crystal, thin sheet metal bracelet, etc. I really do want a daily wearer, and this would be my only Rolex due to the outlay. I applaud those who wear their PM scratches, dings, and swirls with pride!

So I am thinking I will wait for my 114060, which I won't have to baby, and in the meantime just hold out and see where this market goes. Maybe Rolex will include the ceramic bezel with the PM Daytonas soon, and that would help alleviate my daily wear-ability concerns. I will also keep my eyes on the steel Daytona market, and keep my hopes up that they dip just a bit more.

[raretime]

Parliament.

[fskywalker]

Originally Posted by brnn

Wow, thank you all for the great replies and advice. A welcome change from some other forums where people beat you over the head for considering spending this kind of money.

Appreciate the heads up on pricing. I did check out Chrono24 and it seems to be in the ballpark, although a few are asking for 32k-ish without papers. This particular example looks new with all the papers and receipt from late 2019 (nothing on the PCLs). Of course, Chrono24 listed price doesn't necessarily equal actual sales price.

After sleeping on it though I fear I might hesitate to wear it daily due to the softness of the gold and my obsessiveness with condition on such a nice piece (I'm the kind of guy who parks his new car way out in the back of the lot). I already hesitate to wear my dad's Speedmaster since it's an heirloom and somewhat fragile with the plastic crystal, thin sheet metal bracelet, etc. I really do want a daily wearer, and this would be my only Rolex due to the outlay. I applaud those who wear their PM scratches, dings, and swirls with pride!

So I am thinking I will wait for my 114060, which I won't have to baby, and in the meantime just hold out and see where this market goes. Maybe Rolex will include the ceramic bezel with the PM Daytonas soon, and that would help alleviate my daily wear-ability concerns. I will also keep my eyes on the steel Daytona market, and keep my hopes up that they dip just a bit more.

Good decision!


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[ndrs63]

You are, but aren’t we all?


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[garyk]

I have a YG daytona, Paul Newman dial from 2000 and another one on order, the JM YG green dial one. Moral of the story, excellent choice you have made OP...

[doramas]

The two Omegas you possess are two jewels.

[Stripiest]

Originally Posted by APPRF

I would try and get a PM Daytona from an AD, and try for a discount. You will have a fresh watch, and warranty with your name on the card. You will have buying history that may score a nice SS sports Rolex down the road. You are definitely not nuts. A full gold Daytona is a bad ass watch.

This

[campfire]

Have fun either way. Nice situation to be in.

[vette boy 52]

No you are not crazy if that is what you like then GO for it

[Rado63]

Originally Posted by brnn

Wow, thank you all for the great replies and advice. A welcome change from some other forums where people beat you over the head for considering spending this kind of money.

Appreciate the heads up on pricing. I did check out Chrono24 and it seems to be in the ballpark, although a few are asking for 32k-ish without papers. This particular example looks new with all the papers and receipt from late 2019 (nothing on the PCLs). Of course, Chrono24 listed price doesn't necessarily equal actual sales price.

After sleeping on it though I fear I might hesitate to wear it daily due to the softness of the gold and my obsessiveness with condition on such a nice piece (I'm the kind of guy who parks his new car way out in the back of the lot). I already hesitate to wear my dad's Speedmaster since it's an heirloom and somewhat fragile with the plastic crystal, thin sheet metal bracelet, etc. I really do want a daily wearer, and this would be my only Rolex due to the outlay. I applaud those who wear their PM scratches, dings, and swirls with pride!

So I am thinking I will wait for my 114060, which I won't have to baby, and in the meantime just hold out and see where this market goes. Maybe Rolex will include the ceramic bezel with the PM Daytonas soon, and that would help alleviate my daily wear-ability concerns. I will also keep my eyes on the steel Daytona market, and keep my hopes up that they dip just a bit more.

Really good thinking on your part at this time. The reason I feel this way is that you want to get a watch and wear it all the time, and no one would blame you for that. After you have dropped, banged up, dinged up a lesser steel watch enough then I feel then you can wear the PM piece and instinctively know when to look out for that door, or not bang into a file cabinet or drop the watch. Unless money is no object, You need to develop some muscle memory to protect that watch and not just run around everywhere with all that gold. Having said that, I am wearing the day date, lighting a cigar and starting the BBQ.

[Bladeshot]

Originally Posted by brnn

Wow, thank you all for the great replies and advice. A welcome change from some other forums where people beat you over the head for considering spending this kind of money.

Appreciate the heads up on pricing. I did check out Chrono24 and it seems to be in the ballpark, although a few are asking for 32k-ish without papers. This particular example looks new with all the papers and receipt from late 2019 (nothing on the PCLs). Of course, Chrono24 listed price doesn't necessarily equal actual sales price.

After sleeping on it though I fear I might hesitate to wear it daily due to the softness of the gold and my obsessiveness with condition on such a nice piece (I'm the kind of guy who parks his new car way out in the back of the lot). I already hesitate to wear my dad's Speedmaster since it's an heirloom and somewhat fragile with the plastic crystal, thin sheet metal bracelet, etc. I really do want a daily wearer, and this would be my only Rolex due to the outlay. I applaud those who wear their PM scratches, dings, and swirls with pride!

So I am thinking I will wait for my 114060, which I won't have to baby, and in the meantime just hold out and see where this market goes. Maybe Rolex will include the ceramic bezel with the PM Daytonas soon, and that would help alleviate my daily wear-ability concerns. I will also keep my eyes on the steel Daytona market, and keep my hopes up that they dip just a bit more.

Good plan. I had enjoyed several SS Rolex before I went into PM. No need to rush. Enjoy the Sub! You can find it here, from Trusted Sellers and not have to worry about risk.

About gold:
Yes, the gold scuffs, but it’s not soft like butter. I have several in the collection now. Gold can hold up quite well and I bet you would take care of it, like your car. No point in getting PM if you are concerned about wearing it daily. You should commit to wearing PM daily (especially WG). If you can’t plan to enjoy it daily, it may not quite be time. It’s just a watch and it can be polished. As much as PM costs, you should be able to enjoy it as much as possible, without hesitation. Good luck on the journey!

[HogwldFLTR]

I'd skip gold and go straight for platinum.

[Ensign]

I think that’s a great idea.

Such a beautiful (and costly) watch could permanently satisfy your watch itch.

[Cru Jones]

Originally Posted by brnn

Wow, thank you all for the great replies and advice. A welcome change from some other forums where people beat you over the head for considering spending this kind of money.

Appreciate the heads up on pricing. I did check out Chrono24 and it seems to be in the ballpark, although a few are asking for 32k-ish without papers. This particular example looks new with all the papers and receipt from late 2019 (nothing on the PCLs). Of course, Chrono24 listed price doesn't necessarily equal actual sales price.

After sleeping on it though I fear I might hesitate to wear it daily due to the softness of the gold and my obsessiveness with condition on such a nice piece (I'm the kind of guy who parks his new car way out in the back of the lot). I already hesitate to wear my dad's Speedmaster since it's an heirloom and somewhat fragile with the plastic crystal, thin sheet metal bracelet, etc. I really do want a daily wearer, and this would be my only Rolex due to the outlay. I applaud those who wear their PM scratches, dings, and swirls with pride!

So I am thinking I will wait for my 114060, which I won't have to baby, and in the meantime just hold out and see where this market goes. Maybe Rolex will include the ceramic bezel with the PM Daytonas soon, and that would help alleviate my daily wear-ability concerns. I will also keep my eyes on the steel Daytona market, and keep my hopes up that they dip just a bit more.

On so many levels, you made the right decision.

[kumar75203]

Originally Posted by honuswagner13

If you are new to buying a Rolex, but want an all out gold model, do the ADs generally bend a bit on the price and offer a discount on the all gold Daytona’s for example? What have other’s experienced? 5% or am I not even close?

It depends on the watch.

I doubt you're going to get a discount on the 116508 green or 116509 blue.

I was able to get a major discount on the 116505 three years ago. So 5-10% might be doable now?

[neophyte88]

all day long, no regrets!
then buy those Oysterflex later.

[Andad]

Nuts if you don’t.

[honuswagner13]

Originally Posted by kumar75203

It depends on the watch.

I doubt you're going to get a discount on the 116508 green or 116509 blue.

I was able to get a major discount on the 116505 three years ago. So 5-10% might be doable now?

Thanks for the information. Much appreciated!!

[vesnyder]

I suggest you buy what you love, not what has been offered to you.

Good advice, but I know how these "offers" can grow on you. This is one badass watch and one you can own for a long time. Go for it!

[htc8p]

I would rather spend money getting more variety from more brands or more Rolex models.

PM is for jewelry only but if you really like gold go daydate.

But steel will be more durable than gold


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[Golfpaul66]

Buy what you want and not what's available or even what's popular. My choice of a TT SD43 recently wasn't out of popularity (TT watches are not so popular these days, especially those with large cases.) I love the watch and it just spoke to me. If the PM Daytona speaks to you, then you must buy it.

[macrowatch]

What if it were more nuts not to do it?

I think any ceramic bezel one, so in this case maybe even considering an OF version could easily be a daily and robust enough not to have to worry too much about.

[m j b]

I think the blue face WG bezel Daytona is the most beautiful version they offer, and if I had the coin, I'd buy it. But I think the OP is making the right decision to go with the Submariner.

[vesnyder]

We are all nuts, so you are asking the wrong crowd!!