SS v PM Daytona Debate

[Roll the Lex]

PM all day. Gimmie a RG Daytona.
Don't like the SS models.
I've passed on the hulk, the 5711 when they were cheap for watches with lousy appreciation. Why change that now?

My "investment objective" with watches is that as long as a luxury car depreciates more more than watches, I'm happy. Anything more than that is a pleasant bonus.

[maxymax]

Originally Posted by steve k

I am one of the few that went from Black face 116500ln to a 116515 OF Everose and I will never look back.

I bought my 500 in the high teens (nib) and did well by selling it more than what I bought it for. The 515 eve rose was also nib and purchased on a reasonable discount from a grey.

For the reasons below I wanted out of 500 because of the following:

1) Wanted my money out of the mark up before the bubble bursts
2) Never feels like a $20k+ watch and this bothered me because I did not buy it for msrp. Wanted something that felt 2x more special than my sub C if it would cost 20K.
3) I hate the PCL's after casual wear but love them when it is brand new. It is a problem for me since I wear all my watches.
4) I have a black sub C and it always competed since the dial and the bracelet are somewhat similar but it never blew the sub C out of the park.
5) I couldn't help but to notice the pm models came with no pcl's, thicker and heftier feeling cases, and TRUE PANDA DIALS!!

The SS Daytona is great for msrp but for anything 15+, get a two tone at a smoking deal to get it out of your system.

This and I would never pay $22+ for a $12+ watch ever! Not that I can't afford it, but it is just ridiculous IMHO.

[Muxi]

PM is heavy for daily use. SS is perfect

[MinMay]

Originally Posted by TimeToWatch

PM was my choice. 24k for a 12k watch or 28k for a 28k watch?

My choice is the best looking one. I’ll take the SS 6263 over all PM

SS 6263 for 80k (MSRP 800)
Any PM for 40k -80k

[yOyOYoo]

Originally Posted by BawlaDK

I bought a used but very nice 116519 at 16.5K USD - and opted to put a brand new WG bezel on it as well as a panda dial. That operation set me back a cool 2000 USD, but I got the old dial and bezel back ans sold it off at aprox 1500 USD... So all in all that watch cost me 17K USD and I then added a RubberB on it at 200 USD. 17.2K USD for a PM Daytona Panda full set in absolutely mint condition... I dont get why anyone would even consider buying a SS Daytona when one can get a PM at a much lower price.

Let's see some pictures!!

[iLLGT2]

Originally Posted by peterpl

PM waste of money yet your considering paying upwards of $22k for a stainless steel piece?

Firstly buying ANY watch for > a few grand is a waste of money
Secondly the current over inflated bubble of SS you'd be silly not to seriously consider PM
Thirdly go try a SS Daytona. I have numerous times in fact wore one daily for weeks. I'm sorry to be blunt but that watch does NOT feel like a $22k watch at all.

THANK YOU!!!!

And lets not forget, the SS price crazy came first before this now PM price hike.. so at the time gold daytona on bracelet still could've been had for 22-25 instead of 30+

Steel isn't my thing , especially at these prices PM for me under any circumstance

[brmeyers]

I think both are very much worth getting.
I have owned 2 - 116520's, 2 - 116500's, 1-116515LN and currently my favorite
116508 w/ blue dial.

Currently my WG w/ Blue dial is my overall favorite, followed by 116500 white dial.
I do want YG w/ Green dial as well.
What can I say, I am a huge fan of both

2019-06-12_13-19-11.jpg

[yOyOYoo]

Originally Posted by brmeyers

I think both are very much worth getting.
I have owned 2 - 116520's, 2 - 116500's, 1-116515LN and currently my favorite
116508 w/ blue dial.

Currently my WG w/ Blue dial is my overall favorite, followed by 116500 white dial.
I do want YG w/ Green dial as well.
What can I say, I am a huge fan of both

Attachment 1048594

That blue dial is gorgeous. Amazing how the ceramic bezel makes the 116500 look so much larger than the 116515.

[Watchdaytona]

Originally Posted by Calatrava r

The white gold version on OF at 28K is a much better buy than the SS-white dial at 26K in my view.

But the SS white ceramic is only $13-$14k, a much better deal than the amount paid for PM. A no brainer really.

[cajerseyboy]

I love how some state “I wouldn’t pay 24k for a 12k watch”.

People! The market price of the watch is 24k+. That’s the price! You get a fat discount to 12.5k if you have a good relationship with your AD. Lol


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[Solo118]

Originally Posted by btcus

I love how some state “I wouldn’t pay 24k for a 12k watch”.

People! The market price of the watch is 24k+. That’s the price! You get a fat discount to 12.5k if you have a good relationship with your AD. Lol


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Exactly, but we have the choice to buy or not at this price. Members are just stating it is not worth $24k, and PM is not too far off so might as well go that route (which I agree with!)

[cajerseyboy]

Originally Posted by Solo118

Exactly, but we have the choice to buy or not at this price. Members are just stating it is not worth $24k, and PM is not too far off so might as well go that route (which I agree with!)

PM will go down, SS will continue to climb. Why? It’s harder to get. Has nothing to do with the metal type.


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[Georgevlado]

Why should pm Daytona’s drop in price the only “dog” of the pm range is the 116519 pre of and there starting to have there day tt are holding there own the only way a pm Daytona would drop is if the ss drops with ss being 25k and over ppl are gonna make the jump to pm sg/rg/plat this is the new Rolex reality get used to it this isn’t 2007 patek this is the standard bearer Rolex I believe in 2020 the ss daytona will hit 30k everyone’s complaining why pay 25k for a $12400 watch well why pay 70k for a 30k ss watch that doesn’t hack and the bracelet doesn’t feel solid .... prestige and marketing

[VacherObsessive]

of the most expensive wrist watches ever sold auction, most are stainless steel. The metal has no relevance when talking high end luxury watches. PPs In steel with the exact same movement are in excess of 5 times the cost of their YG/WG/RG counterpart used. Before the advent of the paul Newman daytona, the most expensive watch of all time was a stainless steel perpetual chronograph (1 of 4 know examples). This was 10 times the hammer price of the platinum perpetual chronograph (1 of 2) from Eric Clapton

Current Steel daytona may indeed exceed the value of the current PM iterations in the next few years. They are worth what people are willing to pay, not what MSRP is.

[cajerseyboy]

Originally Posted by VacherObsessive

of the most expensive wrist watches ever sold auction, most are stainless steel. The metal has no relevance when talking high end luxury watches. PPs In steel with the exact same movement are in excess of 5 times the cost of their YG/WG/RG counterpart used. Before the advent of the paul Newman daytona, the most expensive watch of all time was a stainless steel perpetual chronograph (1 of 4 know examples). This was 10 times the hammer price of the platinum perpetual chronograph (1 of 2) from Eric Clapton

Current Steel daytona may indeed exceed the value of the current PM iterations in the next few years. They are worth what people are willing to pay, not what MSRP is.

This ^


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[vinteloz]

Originally Posted by AK797

PM Daytonas were selling for up to 30% off before so they have climbed in price by that plus a bit more for the WG for eg, so there are clearly price pointers to a lot of overflow SS demand going to PMs. Same for other notable PMs.

Agree with this. At least that’s the situation I’m in. I don’t necessarily “want” to spend close to $30k for the WG, but certainly refuse to spend so much over MSRP for the SS.


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[HogwldFLTR]

Originally Posted by Muxi

PM is heavy for daily use. SS is perfect

I wear a Pt Daytona as a daily and don't have the slightest issue. Actually I love its heft!!!

Originally Posted by btcus

PM will go down, SS will continue to climb. Why? It’s harder to get. Has nothing to do with the metal type.


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Originally Posted by NYG1121

If you pay 22k for a SS daytona today = most likely it will be worth more than that 10 years from now

If you pay 25k for a PM daytona on OF = Most likely it will be worth 50-60% of that in 10 years.

It's not so crazy if you think of that way. In the end, value only lies in what retains it.

I was wondering what brand both of your crystal balls are? Do they do as well in predicting the stock market by any chance? Let me know where you got them? FWIW, from a pricing POV, my 116506 is doing better than when I bought it at the end of November at 20% off.

Let's just suppose that there is a Rolex market crash, which watches will be more valuable?

[peterskinner]

Thing is, once you’ve got used to a gold Daytona, the steel versions feel a bit cheap and lightweight. And that stays true, regardless of the price.
Sometimes it feels that this hobby is now just about money......what a shame.

[cajerseyboy]

Originally Posted by HogwldFLTR

Let's just suppose that there is a Rolex market crash, which watches will be more valuable?

Msrp vs market price? SS by a mile and I say that as a PM and SS Daytona owner.



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[shafran]

1- To assume that ss will always be more valuable and popular than pm is not based on historical data. I bought a 116520 2 yrs ago for 9k, and it was easy to find. Right now ss is hot, but it has been cyclical, sometimes yg is hot, sometimes rg is hot,etc.
2- I also would not spend the current dollars on a ss daytona, there is a point where the market forces won't tolerate the mark up. It happened in Florida real estate among other commodities. Things don't always keep going up. Eventually there is a correction.
3- I have a friend who wars a platinum IWC grande complication on bracelet as his every day work watch. It holds up beautifully. I doubt he uses it for sports, but does go to work with it every day.

[TimeToWatch]

Originally Posted by btcus

PM will go down, SS will continue to climb. Why? It’s harder to get. Has nothing to do with the metal type.


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Why would PM go down if SS goes up? That makes no sense.

If anything, high SS prices have pushed pieces like the 116519LN over MSRP.

A rising tide lifts all boats...

[LoveTheCrown]

I have a 116509 PM white gold racing black face ref hand dial, I have two 116520’s (one I wear and one that has never ever been worn, full
Stickers and is perfectly preserved as
day of purchase and which is locked in a vault with specific instructions not to even breath on it for another 35 years). I also currently have both a black face and a white face 116500LN. The wire face dial is part of my daily rotation. And I get a chubby every time I wear it!



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