Current wait for 116500LN

[DatejustKing]

Hey Everyone!

Just looking for some insight to see how long it will take to get a hold of that gorgeous Daytona. Currently on my AD's list for the new sky dweller.

Is it gonna be close to that year wait.....?


Thank you!


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[schnitzerphilip]

Originally Posted by DatejustKing

Just looking for some insight to see how long it will take to get a hold of that gorgeous Daytona. Currently on my AD's list for the new sky dweller.

Is it gonna be close to that year wait.....?

Thank you!

Unless you have a close relationship with your AD, you're looking at 2-4 years.
I'm in NJ and spent the $3,500 vig and bought one from the grey market. No wait.

I'm still on the Rolex 5th Ave Manhattan waitlist, moved up 9 spots in a full year, I'm #68, perhaps I'll get his matching white brother in 2022.

[DatejustKing]

Originally Posted by schnitzerphilip

Unless you have a close relationship with your AD, you're looking at 2-4 years.
I'm in NJ and spent the $3,500 vig and bought one from the grey market. No wait.

I'm still on the Rolex 5th Ave Manhattan waitlist, moved up 9 spots in a full year, perhaps I'll get his matching white brother in 2022.

My dealer is Wempe in rolex tower. I'd like to say I have a close relationship. I'm hoping for a year......


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[uncle_paul_hargis]

They have one at DavidSW: https://davidsw.com/product/rolex-11...ytona-ceramic/

[DatejustKing]

Originally Posted by uncle_paul_hargis

They have one at DavidSW: https://davidsw.com/product/rolex-11...ytona-ceramic/

Crazy expensive though. Almost 18k


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[schnitzerphilip]

Originally Posted by DatejustKing

My dealer is Wempe in rolex tower. I'd like to say I have a close relationship. I'm hoping for a year...

Ask your dealer what number you are on the list and how many Ceramics he received this past year. That should answer your question.

For me, the difference between waiting and instant gratification was an old Datejust in the back of the watch drawer that I barely wore two times a year. So selling it and using that cash to cover the gray market delta was the right decision for me.

[DatejustKing]

You are right. I will call my dealer tom.

Thanks.


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[schnitzerphilip]

Originally Posted by DatejustKing

Crazy expensive though. Almost 18k

Come now, you are waitlisted for both the Sky Dweller and the Daytona Ceramic and you are going to quibble over $3,500?

Go get your gray market DC ordered tonight so you can have it by the weekend. DavidSW will give you a fair deal. Call him now. Let's go.

[kutime]

Originally Posted by schnitzerphilip

Unless you have a close relationship with your AD, you're looking at 2-4 years.
I'm in NJ and spent the $3,500 vig and bought one from the grey market. No wait.

I'm still on the Rolex 5th Ave Manhattan waitlist, moved up 9 spots in a full year, I'm #68, perhaps I'll get his matching white brother in 2022.

I'm in Jersey too and my AD wound't take my deposit for the Daytona due to the long line and wait. I'm #2 on the list for the DS43 though :)

[DCheeta]

Originally Posted by DatejustKing

My dealer is Wempe in rolex tower. I'd like to say I have a close relationship. I'm hoping for a year......


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I was on the list there for about 8-9 months before getting the call. They put me on the "previous customers list" as I had purchased two Rolexes there in recent years.

[psv]

I'm on the list at 4 ADs, 3 of them I've bought several watches from, everything from Patek, AP, Rolex - and I am nowhere near getting one - it can be years.

[melrob1]

My AD said all their good customers have received theirs. From them or grey market. Now their list is all off the street customers. Oh and Takuya just added one for sale for 15ish. So only a couple grand premium from retail if considering tax.

[OmegaJJH]

My AD (Goldsmiths) in a major UK City 'claim' they only receive 2 Daytona's a year 1 black and 1 white.

By the size of their waiting list it will take 25 years to satisfy.

I'm calling utter

[brucethemanlee]

I was on the NYC AD list for 8-9 months before I got the call to pick up my DaytonaC. I was very fortunate to be put on whatever special customer list they had...

Patience is the key...

[GreenLantern]

Originally Posted by DatejustKing

Crazy expensive though. Almost 18k

Indeed. That's a lotta vig.

For $3k more I can get a gently used White Gold model.

[schnitzerphilip]

Originally Posted by GreenLantern

Indeed. That's a lotta vig.

For $3k more I can get a gently used White Gold model.

And that's your prerogative of course.

Just understand that the market value for a Daytona Ceramic is $17,000 to $18,000 so if you want one in 2017 that is the price you will have to pay. There is no way to game the system. If you don't have a preexisting and close relationship with an AD you won't get a watch.

[Calatrava r]

I personally do not know but have been told the wait was about 3 to 5 years for the old version in house movement when it first came out. They only started appearing in inventories just a year or two ago otherwise always pre-sold. I think it is true that unless you have a strong on-going relationship with an AD, you can forget about getting one within the next two years or so.

[123Blueface]

Originally Posted by schnitzerphilip

And that's your prerogative of course.

Just understand that the market value for a Daytona Ceramic is $17,000 to $18,000 so if you want one in 2017 that is the price you will have to pay. There is no way to game the system. If you don't have a preexisting and close relationship with an AD you won't get a watch.

Sadly, if all could be patient and not pay that surcharge, they would be sitting in showcases.
I have personally never paid a demand price above MSRP for anything.
That impatience creates the hype and excessive price gauging, because in this case, price gauging is the accurate description.

[schnitzerphilip]

Originally Posted by 123Blueface

Sadly, if all could be patient and not pay that surcharge, they would be sitting in showcases.
I have personally never paid a demand price above MSRP for anything.
That impatience creates the hype and excessive price gauging, because in this case, price gauging is the accurate description.

That's not the case at all, grey market sellers and grey market buyers are not causing the shortage at AD's.

Rolex is causing the shortage by holding back production. This forces AD's to be selective in who they sell to. AD's playing favorites frustrates the common buyer. If not for the grey sellers, millions of paying customers would hate Rolex with a passion for teasing them so awfully. We've read about people who have been on a waitlist for the prior generation SS Daytona for almost 13 years.

This "price gauging" as you call it is actually the way it works in a free market system, but we don't call it "gauging", we call it fair market pricing. If you aren't in the AD boys club, you'll never get a SS Daytona for $12,400 MSRP. Never going to happen. That's the secret handshake club. The fair market value is $18,000 right now. That's what the average guy on the street pays for one. So you can either live with that or you can't. If you want to stand by your principles and never pay over MSRP, that's cool, but all it means is that you're not going to get a watch.

I mean, when was the last time you paid face value for a Super Bowl ticket, a decent seat to a U2 concert, or orchestra seats to Hamilton? You can't. It's all done through third-parties like Stubhub. You pay more, but you get exactly what you want. That's the current retail climate for new Rolexes in high demand.

[CYKBC]

Originally Posted by schnitzerphilip

That's not the case at all, grey market sellers and grey market buyers are not causing the shortage at AD's.

Rolex is causing the shortage by holding back production. This forces AD's to be selective in who they sell to. AD's playing favorites frustrates the common buyer. If not for the grey sellers, millions of paying customers would hate Rolex with a passion for teasing them so awfully. We've read about people who have been on a waitlist for the prior generation SS Daytona for almost 13 years.

This "price gauging" as you call it is actually the way it works in a free market system, but we don't call it "gauging", we call it fair market pricing. If you aren't in the AD boys club, you'll never get a SS Daytona for $12,400 MSRP. Never going to happen. That's the secret handshake club. The fair market value is $18,000 right now. That's what the average guy on the street pays for one. So you can either live with that or you can't. If you want to stand by your principles and never pay over MSRP, that's cool, but all it means is that you're not going to get a watch.

I mean, when was the last time you paid face value for a Super Bowl ticket, a decent seat to a U2 concert, or orchestra seats to Hamilton? You can't. It's all done through third-parties like Stubhub. You pay more, but you get exactly what you want. That's the current retail climate for new Rolexes in high demand.

Bingo. Pay to play. And unlike the SB, U2 tix, you can actually liquidate if you choose. It's a beautiful thing and all for a material good that has undifferentiated functional value.

[123Blueface]

Originally Posted by schnitzerphilip

That's not the case at all, grey market sellers and grey market buyers are not causing the shortage at AD's.

Rolex is causing the shortage by holding back production. This forces AD's to be selective in who they sell to. AD's playing favorites frustrates the common buyer. If not for the grey sellers, millions of paying customers would hate Rolex with a passion for teasing them so awfully. We've read about people who have been on a waitlist for the prior generation SS Daytona for almost 13 years.

This "price gauging" as you call it is actually the way it works in a free market system, but we don't call it "gauging", we call it fair market pricing. If you aren't in the AD boys club, you'll never get a SS Daytona for $12,400 MSRP. Never going to happen. That's the secret handshake club. The fair market value is $18,000 right now. That's what the average guy on the street pays for one. So you can either live with that or you can't. If you want to stand by your principles and never pay over MSRP, that's cool, but all it means is that you're not going to get a watch.

I mean, when was the last time you paid face value for a Super Bowl ticket, a decent seat to a U2 concert, or orchestra seats to Hamilton? You can't. It's all done through third-parties like Stubhub. You pay more, but you get exactly what you want. That's the current retail climate for new Rolexes in high demand.

First, nowhere in my post does it remotely infer Grey market is the cause.

I am extremely familiar with the law of supply and demand. I am an Economics minor. I recognize newly released items that are high in demand and low in supply will command prices in excess of that set by the manufacturer as a retail price
You can call it what you want but when items are being sold for thousands above that of suggested retail, it is price gouging. It is an opportunistic artificial price.
I understand that is the way of the world but I won't play. Many other options to bring just as much joy.

My point was and still is that the hysteria causes that artificial increase. If all sat back, waited patiently on lists, MSRP would prevail.

[ejvette]

I'm more your "instant gratification" kinda a guy and I know that about myself and if want something that's in high demand I'm willing to pay that premium and there are many folks like me. right now if you keep your eyes open you can pick up a pristine black face in the mid 15K and white in the mid 16K. New with stickers 17.5K.

[GreenLantern]

I actually think it is completely fine that on the secondary market the SS Daytona's command such a premium. Supply is almost always artificial anyway. It isn't like Rolex is constrained in terms of how many SS Daytona's they can make since they have capacity to make all the other PM ones.

This isn't like a $1m handmade piece that takes 3 years to produce a single watch.

That said, for *me*, I'd rather pay $20k for a gently used White Gold model than $18k for a Steel model.

Disclaimer: I have a strong relationship with my AD. Have a White 116500 already, and will get a Black one later this year, as well.

[speedmaster73]

Daytona over MSRP is a rip off for what you get......

just saying

[GsurgBM]

I called my AD the morning it was announced. Was number 1 but only because I went ahead and paid in full and they "ordered" it for me. Got it at msrp about six months later. See if they'll let you pay in full and get it ordered. Smaller town ADs will absolutely do that kind of thing.

[watchwatcher]

If you don't have some sort of a relationship with an AD, your choices are paying the premium or waiting...as for how long, that's anybody's guess.

[schnitzerphilip]

Originally Posted by speedmaster73

Daytona over MSRP is a rip off for what you get......

Is any Rolex worth what Rolex charges for it? I mean, compared to a Seiko or an Omega, is there a single Rolex that is worth the 200% to 500% delta between it and similar offerings from those brands.

No disrespect to anyone, but the "value" argument goes out the window for anyone willing to spend $7,000 and up on a wristwatch. If you're already being "ripped off" to the tune of $9,000 on a Daytona vs. something like a Speedmaster, what's another $3,000?

The realworld cost of a Daytona Ceramic is $17,000 to $18,000. Pay it or don't. Accept it or reject it. But that's what a Daytona costs in May 2017.

[Seaswirl]

Originally Posted by schnitzerphilip

Is any Rolex worth what Rolex charges for it? I mean, compared to a Seiko or an Omega, is there a single Rolex that is worth the 200% to 500% delta between it and similar offerings from those brands.

No disrespect to anyone, but the "value" argument goes out the window for anyone willing to spend $7,000 and up on a wristwatch. If you're already being "ripped off" to the tune of $9,000 on a Daytona vs. something like a Speedmaster, what's another $3,000?

The realworld cost of a Daytona Ceramic is $17,000 to $18,000. Pay it or don't. Accept it or reject it. But that's what a Daytona costs in May 2017.

Nothing wrong with paying over retail if you want, but there are more than a few of us that think it's simply nuts to do so. No need to justify your decision.

[123Blueface]

Originally Posted by Seaswirl

Nothing wrong with paying over retail if you want, but there are more than a few of us that think it's simply nuts to do so. No need to justify your decision.

If you are into a Cuban cigars, you just earned one.

[Seaswirl]

Originally Posted by 123Blueface

If you are into a Cuban cigars, you just earned one.

Monte No. 2 will do just fine!