ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
28 March 2021, 06:00 AM | #1 |
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Who has paid $25k for a Daytona and is NOT a flipper/dealer?
Just wondering who is buying Daytona's at grey market prices? Is it just the flippers/dealers who are propping up these prices? I'd love to be wrong here.. tell me if you've paid grey prices without any intention of selling your Daytona later for a profit.
.. maybe i'm just bitter |
28 March 2021, 06:03 AM | #2 |
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I think most here would jump on a Daytona at $25k. The current going rate is $30-35k
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28 March 2021, 06:22 AM | #3 |
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Don’t think you’ll find any sellers at 25k.
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28 March 2021, 06:24 AM | #4 |
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28 March 2021, 06:26 AM | #5 |
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There's people here with multiple 100k plus watches. 25k would be a drop in the bucket.
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28 March 2021, 06:41 AM | #6 |
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Luckily I Don’t like Daytona but otherwise... I payed over 20k for a Hulk about half a year ago.
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28 March 2021, 06:47 AM | #7 |
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Got mine at MSRP and keeping it!
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✦ 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. |
28 March 2021, 06:49 AM | #8 | |
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28 March 2021, 06:53 AM | #9 |
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28 March 2021, 07:44 AM | #10 |
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I wouldn't say it's a commoners watch in NYC, but I would say, if you have $30k to spend on a daytona, chances are you're going to opt for an AP or a Patek instead.
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28 March 2021, 07:50 AM | #11 | |
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28 March 2021, 07:51 AM | #12 |
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$25K?? Geez i couldn’t bring myself to spend that kind of money on a watch.. Then again i’m not rich
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28 March 2021, 07:54 AM | #13 |
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I've never paid over MSRP for any watch, that's still in production at least. I guess im not a player.
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28 March 2021, 07:56 AM | #14 |
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28 March 2021, 08:07 AM | #15 |
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I would just sit here quietly if I had. Those doing it know it's ridiculous as they wire the money.
I paid a small premium to get a watch recently but not freakin double list price. Sent from my SM-G960U using Tapatalk |
28 March 2021, 08:09 AM | #16 |
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Nice first post rant
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♕ Daytona - 116506 ♕ GMT-Master II - 116710BLNR ♕ Yacht-Master II - 116680 ♕ Daytona - 116520 ♕ Explorer II - 16570 |
28 March 2021, 08:46 AM | #17 |
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Kinda want a full stickers black dial, was having a big debate with myself this week about putting up 35k for a 13k steel watch or buying a real nice solid gold day date 40 for a few grand more. Mind pushed me back to the Daytona every time but I just can’t pull the trigger at double list I just can’t do it.
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28 March 2021, 08:53 AM | #18 | |
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28 March 2021, 08:58 AM | #19 |
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I paid $25k (£18k) for one in feb 2020. Now selling for $35k (£25k). Money would have only just sat in a bank account anyway.
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28 March 2021, 09:00 AM | #20 | |
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28 March 2021, 09:08 AM | #21 |
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Can’t imagine spending $25k or now +$30k for a $13k watch. All a matter of perspective since I acquired all my current Rolex collection prior to current prices.
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28 March 2021, 09:18 AM | #22 |
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Both at retail and I very thankful and enjoy them.
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28 March 2021, 09:36 AM | #23 | |
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28 March 2021, 09:52 AM | #24 |
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28 March 2021, 09:54 AM | #25 |
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The comparisons of daytona vs big mac are not founded because Rolex chronograph movement is considered by many to be the finest in the industry.
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28 March 2021, 10:01 AM | #26 |
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Yawn
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28 March 2021, 10:55 AM | #27 |
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I’ve got a 911. If I sold it I could go grey and buy both the black and white Daytona. Does that sound nuts? Yeah, it does. No way. Looking at Speedmasters and El Primeros. Might get both and still get to enjoy my GTS.
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28 March 2021, 11:15 AM | #28 |
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Who has paid $25k for a Daytona and is NOT a flipper/dealer?
No wonder people would not admit to buying at grey prices here. Even on a public somewhat anonymous forum, people don’t enjoy getting bullied.
They’ll get jumped on by the too-clever-to-be-rich brigade who will then use the ‘absence of buyers’ to ‘prove’ that greys are in fact hovering up Daytona’s directly from ADs just to stockpile them. Back to OP, I doubt many people buy at grey prices to speculate on price appreciation. That would require a very elevated risk tolerance well and is probably more akin to gambling. However, I think many do buy in the expectation that in a worst case scenario, they won’t lose too much. And as long as everyone buys that, it is likely to hold true. It’s a good thing that Rolex is working to ensure that by keeping a lid on supply. And by getting rid of the bad ADs that allow people to walk out with popular watches at msrp, and leaving only the major ones with the systems and processes in place to ensure sales only go to the best spenders. Allow a customer to to buy something at 10k that they can sell straightaway for 20k? What kind of customers does such an AD hope to attract? Certainly not the class Rolex wants going forward. They have positioned themselves as a luxury brand, and I’m today’s world of ostentatious and widespread wealth, 25-30k is really not much luxury at all. Sent from my iPhone using Tapatalk |
28 March 2021, 11:19 AM | #29 |
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Ptfptfptf that's less than half a BTC @ $1 each. So for 50 cents, sure why not
Got one from AD tho, looks great on my wrist.
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__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
28 March 2021, 11:38 AM | #30 |
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Unhappily paid 20k gray, but happily enjoyed the watch thereafter.
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