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malnik · 1 May 2016, 05:30 AM

I'm in the market for a used Daytona SS. I have seen quite a few for sale in the forum since the new model was announced. My plan is to get a decent one for $8,200 then overhaul the movement, case and bracelet for another $800. I have no preference in the movement. I want to do this as a hobby. I'll just fix up the watch, wear it occasionally and flip it when I need money.

My concern is if the future for Daytona SS 116520 safe enough of me to support my hobby. I don't mind if I lose a few hundred on a flip since I got enjoyment out of it but don't want to lose over a thousand. I know 116520 has retain value well but the new model looks pretty solid and might drive down the demand for this model. Do you think this is a viable hobby?

alubin · 1 May 2016, 05:39 AM

This doesn't sound like a particularly good idea financially, plus there are very few daytona's to be bought under 9k despite condition.

THC · 1 May 2016, 06:36 AM

wait, what?

TheRolexKingofLV · 1 May 2016, 06:43 AM

Quote:

Originally Posted by THC

wait, what?

x2

landroverking · 1 May 2016, 07:53 AM

Hobby or money pit?

malnik · 1 May 2016, 07:57 AM

Quote:

Originally Posted by alubin

This doesn't sound like a particularly good idea financially, plus there are very few daytona's to be bought under 9k despite condition.

One reputable dealer on this site actually offered a Zenith Daytona ss to me for 8.5k but it requires service on the stretched bracelet. If i buy it, I might as well send it in to Rolex RSC for a movement service and to Hong Kong for bracelet service.

fskywalker · 1 May 2016, 02:22 PM

There are already several Daytonas on the high 8k's / low 9k's; sounds like a good plan!

Sent from my iPhone using Tapatalk

1 May 2016, 05:30 AM	#1
malnik "TRF" Member Join Date: Oct 2010 Location: Los Angeles Watch: Sub-Date-C Posts: 240	Overhauling Daytona SS 116520 or 16520 as a hobby I'm in the market for a used Daytona SS. I have seen quite a few for sale in the forum since the new model was announced. My plan is to get a decent one for $8,200 then overhaul the movement, case and bracelet for another $800. I have no preference in the movement. I want to do this as a hobby. I'll just fix up the watch, wear it occasionally and flip it when I need money. My concern is if the future for Daytona SS 116520 safe enough of me to support my hobby. I don't mind if I lose a few hundred on a flip since I got enjoyment out of it but don't want to lose over a thousand. I know 116520 has retain value well but the new model looks pretty solid and might drive down the demand for this model. Do you think this is a viable hobby?

1 May 2016, 05:39 AM	#2
alubin "TRF" Member Join Date: May 2012 Location: USA Watch: All please! Posts: 1,042	This doesn't sound like a particularly good idea financially, plus there are very few daytona's to be bought under 9k despite condition. __________________ Patek: 5711 and 5167 "Extra Sauce" Rolex:116520 White, WG Daytona Oysterflex, 1016 Gilt, 16750 Pepsi, 1803, Tudor Snowflake, 16613 Swiss Only Omega: 2998-4, Ck2998

1 May 2016, 02:22 PM	#7
fskywalker 2024 Pledge Member Join Date: Aug 2014 Real Name: Francisco Location: San Juan, PR Watch: Is Ticking ! Posts: 24,606	There are already several Daytonas on the high 8k's / low 9k's; sounds like a good plan! Sent from my iPhone using Tapatalk __________________ Francisco ♛ 16610 / 116264 Ω 168.022 / 2535.80.00 / 2230.50.00 / 310.30.42.50.01.002 Zenith 02.470.405 Henry Archer Eclipse 2FA security enabled

1 May 2016, 06:36 AM	#3
THC 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jun 2013 Real Name: Tom Location: Mandeville La Watch: 16610M Posts: 10,484	wait, what?

1 May 2016, 07:53 AM	#5
landroverking "TRF" Member Join Date: Dec 2008 Real Name: Jay Location: TEXAS Watch: Daytona Posts: 7,648	Hobby or money pit?

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