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4 June 2016, 02:22 AM | #1 |
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16520 prices
In the past month or two I've noticed that the prices for Zenith Daytonas seem to be on the rise. Whereas one could be had for around $8-9.5k a couple months ago, it now seems these are trading hands for $10-11k+.
Has anyone else noticed this trend? I'm guessing this is a direct result of the discontinuation of 116520. |
4 June 2016, 02:26 AM | #2 |
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Yes, price has been increase for the 116520
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4 June 2016, 09:10 AM | #3 |
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Don't think so on the 116520, they are currently lower than before due to new ceramic release / people upgrading. Think eventually will rise again. Sent from my iPhone using Tapatalk
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4 June 2016, 09:29 AM | #4 |
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Seen a few on Thursday for 10.2 with papers in Singapore. Price seemed to be fair.
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4 June 2016, 09:42 AM | #5 |
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4 June 2016, 09:44 AM | #6 |
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Yes, brand new 116520 are going up, Daytona C isn't a upgrade, just new.
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4 June 2016, 09:45 AM | #7 |
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OP asked about the 16520. Pretty sure Steve was answering that.
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4 June 2016, 10:29 AM | #8 |
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4 June 2016, 11:05 AM | #9 |
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4 June 2016, 11:27 AM | #10 | |
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Not sure of an actual rule of thim, but everything else being the same (conditions of watch) would say about $600-1000 difference Sent from my iPhone using Tapatalk
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4 June 2016, 11:33 AM | #11 |
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I've been watching 16520 prices for about 4 months or so closely and I am not sure there has been enough time yet since the release of the 116500 for one to conclude that we are seeing an upward trend in prices. 16520's don't come up for sale on the forums that much. I've seen several well before Basel asking $10-$11k, others for $8-$9k - depends on seller and more importantly condition, box/papers, etc.. I say give it some more time and allow a bigger sample size.
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4 June 2016, 11:37 AM | #12 | |
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I know several members are big on complete sets but many vintage enthusiasts would never pass on a piece due to papers or a box. 99% of the time I leave the box at my dealer (non AD) and take the papers and manuals as it takes up less storage in my case. At my AD, I take everything as my house is close. |
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4 June 2016, 11:46 AM | #13 | |
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4 June 2016, 11:49 AM | #14 | |
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4 June 2016, 11:55 AM | #15 |
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I have noticed the prices of the 16520 have been low for the last year, if they go up a bit that would just bring them to normal.
Many sellers base their price off what competition they see in the FS adds, so if they see a few for X, they think that is what they should ask... What they actually get may be different.
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4 June 2016, 11:57 AM | #16 |
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Ive noticed about a 10% increase
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4 June 2016, 11:58 AM | #17 | |
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4 June 2016, 01:01 PM | #18 |
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16520 prices
I have been watching the Daytona market for a few months and also believe there has been a slight upswing in prices on 4,5 and 6 digit references. I was mainly looking for a 4 digit reference but when doing searches see the other models. Did not really see much increase initially after the Basel announcement, but more so after all the incomings and threads about waiting lists.
Sellers are smart. Demand is up so prices go up. Even those that were not Daytona fans start getting swayed by all the discussions and threads. I think demand will stay up so prices will most likely keep increasing. Has not been a huge increase but slow and steady. I may just wait now until things settle down.
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4 June 2016, 08:04 PM | #19 |
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Timely topic for me; I've been keeping my eyes peeled for a nice 16520 for a while, and one in nice condition came up in April, keenly priced from a top-notch seller, so I snagged it.
I see the apparent springtime price drop on these as an anomaly. The demand was always far higher for the 16520 than the supply, due to its limited movement availability. Rolex only really caught up with steel Daytona demand recently, during 116520 production, and now of course there's a much-hyped new version. It appears that prices may have increased in the intervening few months, though the sample size is too small to make any meaningful conclusions. (Besides, it's kind of silly to look at prices just after you've bought, anyway.) I can't see these getting any cheaper in the long run. The Zenith-based 4030 movement, though inferior to the 4130, is still a very special commodity. It was handmade to an extent that we'll never see again from Rolex; they turned it into a much different (and better) movement than its Zenith base, which involved replacing half the components. Also, I think the 16520 combines the best aesthetic features of the 116520 and the 116500, with its all-steel build (I don't consider the ceramic bezel to be an upgrade) combined with solid black-on-white subdial rings. Plus the thinner indices and hands give it a somewhat more-refined look than the fatter ones on the later models. Though the new one ain't bad, and I have and appreciate the 116520, the 16520 is certainly the least-common and (in my opinion) the best-looking self-winding Daytona version, which leads me to believe that they'll hold their value very well, indeed. Personally, I feel that the 4030-movement Daytona (and the Oysterquartz) are still underappreciated in terms of collectibility potential. In both cases, they were made in relatively small numbers (though for different reasons). Also, they both combine the charm of vintage with the worry-free ownership proposition of more recent watches. But it's a bit foolish to speculate about value, as there's no real way of knowing what's going to happen. I just think it's a great watch for wearing, and that's reason enough to have one: I won't be getting rid of my 116520 any time soon, either. Once the hype around the new 116500 dies down, I think people will start to realize that the ceramic look makes it a somewhat less-versatile and less-coherent watch than its predecessor. |
4 June 2016, 08:18 PM | #20 | |
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Well said! 👍🏻 Sent from my iPhone using Tapatalk
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4 June 2016, 10:03 PM | #21 |
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16520 prices
The 16520 is a tricky watch to price considering all the different dial/bracelet variations. I actually just sold mine for $12k but in excellent unpolished condition, under warranty from recent service. But, if we're talking about early MK dials/inverted 6's, $12k and up is not unreasonable depending on condition/B+P. There are still many under $9k (95' and up), but might not be in the condition your looking for...but they're available.
I personally think the 16520 (like belligero explained) is the best of both worlds. If you can get one with the 802b solid endlink bracelet you've done good! I also had a 116520 black dial, but enjoyed the zenith much more. The placement of the subdials were a big thing for me, and also the stick markers. I will say the 4130 is no joke, one of the best chrono movements I've ever felt through a crown! Power reserve really made a difference as well. Unfortunately I let my 16520 go but it will be worth it when I get "The Call" when my Daytona C comes in! 😏 Here's a few pics of my 16520! She was a good one... Oh, and I found a NOS SEL bracelet so don't mind the stickers! 😬 Sent from my iPhone using Tapatalk |
4 June 2016, 10:52 PM | #22 |
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It's fair to say that prices of any model will slowly increase over time. Short term price fluctuations typically are more a result of an temporary increase in demand or a "perceived" value increase. I'd say the 16520 may be experiencing a perceived value increase with the Daytona C hype.
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4 June 2016, 11:47 PM | #23 | |
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4 June 2016, 11:49 PM | #24 |
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Looks to me that Zenith Daytona prices in general are heading up.
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4 June 2016, 11:51 PM | #25 | |
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26 April 2017, 10:47 AM | #26 |
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Not even a year later and prices really seem to have spiked. The least expensive black dial I can find right now is $11.5k..the next cheapest being $14k. White dials are $12k+. Average prices online seem to be $14-15k for both dials. This is nuts!
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26 April 2017, 10:53 AM | #27 |
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Prices now have exploded. An A serial is 15-20k. NOS even more. The most common mid 90's variations are 12-15 and this is all climbing. Pretty amazing.
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26 April 2017, 05:00 PM | #28 |
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Yup! They will just keep on climbing!
You dont see any price drop on any of the older daytonas, so expect to see them just go up in value over time...
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26 April 2017, 07:12 PM | #29 | |
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Quote:
Also so few are now coming to market so expect prices to keep climbing.
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26 April 2017, 08:36 PM | #30 | |
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This is a great analysis. I agree the 16520 is aesthetically the best of the modern Daytona. However, there is always very limited supply of these references in good condition out there. People seem to be holding on to these as would I. |
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