The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 5 August 2023, 03:14 PM   #1
ykhoja
Banned
 
Join Date: Jul 2023
Location: EST
Posts: 19
Why the huge price difference between the DateJust and the DayDate?

I was wondering why is there such a price premium between the DayDate and DateJust?

The obvious difference is the day complication and the presidential bracelet, but does that justify such a huge price gap?

Or is it more of a business decision inside Rolex to create tiered products and have the high price signal a more premium product?

I'm just curious and would love to learn from you all.

I'd also ask my AD but I'm worried I'd either get thrown out or I'd cause someone to have a stroke.

Sent from my SM-G998B using Tapatalk
ykhoja is offline   Reply With Quote
Old 5 August 2023, 03:21 PM   #2
rolex_pl85
Banned
 
Join Date: Dec 2022
Location: Texas
Posts: 140
2 things

1) The DayDate is pure 18kt gold everywhere whereas the DJ is not.

2) The allure of being at the top and marketing to portray that if you own a DayDate you are the boss.

Thats probably it.
rolex_pl85 is offline   Reply With Quote
Old 5 August 2023, 03:25 PM   #3
ykhoja
Banned
 
Join Date: Jul 2023
Location: EST
Posts: 19
Thanks for your answer!

I think the first reason is probably more of the reason why I guess. I made the wrong assumption that there's a steel DayDate, so I was wondering if the day complication might've been a big reason for the price increase.

Sent from my SM-G998B using Tapatalk
ykhoja is offline   Reply With Quote
Old 5 August 2023, 03:31 PM   #4
KY..
2024 Pledge Member
 
KY..'s Avatar
 
Join Date: Nov 2021
Real Name: Keith
Location: California
Watch: 60s to 90s
Posts: 1,269
The easy answer is go try on any Datejust and then try on any DayDate…
__________________
Just an admirer/enthusiast of vintage Rolex/Heuer/Zenith/Breitling/Hamilton watches since the 80’s…
”I Do Love The Details, But I Can Choose If I Accept The Flaws…”
KY.. is offline   Reply With Quote
Old 5 August 2023, 03:35 PM   #5
JC316
"TRF" Member
 
Join Date: Dec 2011
Real Name: JC
Location: Korea
Posts: 453
Quote:
Originally Posted by KY.. View Post
The easy answer is go try on any Datejust and then try on any DayDate…
It's much heavier!
JC316 is offline   Reply With Quote
Old 5 August 2023, 03:36 PM   #6
MRBolton
"TRF" Member
 
Join Date: Jan 2019
Location: USA
Watch: ing my wrist
Posts: 1,073
It's a similar pricing differential as a PM Sub vs its stainless counterpart.
MRBolton is offline   Reply With Quote
Old 5 August 2023, 10:15 PM   #7
thenewrick
"TRF" Member
 
thenewrick's Avatar
 
Join Date: Sep 2020
Location: FL
Watch: OP41 Silver
Posts: 1,766
The real answer is mostly profit margin and lower production quantities. The materials and movement changes are probably less than $10k of the $30k markup.

Just think of it as collectible art/jewelry and don’t think about it as a tool of efficient value.
__________________
OP41 Silver, BLNR Jubilee, 70th Anniversary Sub
thenewrick is offline   Reply With Quote
Old 5 August 2023, 10:20 PM   #8
fredos_rolex
"TRF" Member
 
Join Date: Mar 2023
Location: Missouri
Posts: 70
C'mon, DD the whole thing is 18k solid gold. The DJs are poseurs in comparison (and I own two DJs!)
fredos_rolex is offline   Reply With Quote
Old 5 August 2023, 10:23 PM   #9
Old Expat Beast
TRF Moderator & 2024 DATE-JUST41 Patron
 
Old Expat Beast's Avatar
 
Join Date: Jul 2013
Real Name: Adam
Location: Hong Kong
Watch: SEIKO
Posts: 28,507
That price differential was set in the 1950s, then in the early-mid 1960s Seiko 5 and other brands came in with cheap day-dates and re-set the whole 'complication' scene. As James Dowling has said, it was the Seiko 5 with its water-resistant and Day/Date everyman watches that upturned the Swiss watch industry several years before the so-called quartz crisis. The fact that Seiko introduced a double quickset day/date function 20 years before Rolex kind of dragged out that issue, too.
__________________
_______________________
Old Expat Beast is offline   Reply With Quote
Old 5 August 2023, 10:33 PM   #10
padi56
"TRF" Life Patron
 
padi56's Avatar
 
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 52,568
Quote:
Originally Posted by Old Expat Beast View Post
That price differential was set in the 1950s, then in the early-mid 1960s Seiko 5 and other brands came in with cheap day-dates and re-set the whole 'complication' scene. As James Dowling has said, it was the Seiko 5 with its water-resistant and Day/Date everyman watches that upturned the Swiss watch industry several years before the so-called quartz crisis. The fact that Seiko introduced a double quickset day/date function 20 years before Rolex kind of dragged out that issue, too.
Have to agree and that's one of the main reasons today's Swiss COSC was founded in 1973.As prior to 1973 the Seiko Grand was wiping the floor and winning all the competitions against all of the Swiss top brands including Rolex.
__________________

ICom Pro3

All posts are my own opinion and my opinion only.

"The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever."
Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again.

www.mc0yad.club

Second in command CEO and left handed watch winder
padi56 is offline   Reply With Quote
Old 5 August 2023, 10:39 PM   #11
puma1552
"TRF" Member
 
Join Date: Jun 2023
Location: USA
Posts: 698
I'd buy a steel Day-Date in a heartbeat. Such a cool watch with the President bracelet and day complication.
puma1552 is offline   Reply With Quote
Old 5 August 2023, 10:54 PM   #12
thenewrick
"TRF" Member
 
thenewrick's Avatar
 
Join Date: Sep 2020
Location: FL
Watch: OP41 Silver
Posts: 1,766
I’d really like solid gold OP41s myself. I don’t see why not. They could rerelease a platinum or gold turquoise OP41 and it would be a hit. But they try to keep precious metal out of the OP range these days
__________________
OP41 Silver, BLNR Jubilee, 70th Anniversary Sub
thenewrick is offline   Reply With Quote
Old 5 August 2023, 11:49 PM   #13
Calatrava r
2024 Pledge Member
 
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 10,789
Last solid gold DJ was the 116238 which was 36mm, Jubilee and only in yellow gold.
Calatrava r is online now   Reply With Quote
Old 5 August 2023, 11:51 PM   #14
Calatrava r
2024 Pledge Member
 
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 10,789
Calatrava r is online now   Reply With Quote
Old 6 August 2023, 12:00 AM   #15
HogwldFLTR
2024 Pledge Member
 
HogwldFLTR's Avatar
 
Join Date: Aug 2012
Real Name: Lee
Location: 42.48.45N70.48.48
Watch: What's on my wrist
Posts: 33,256
Quote:
Originally Posted by puma1552 View Post
I'd buy a steel Day-Date in a heartbeat. Such a cool watch with the President bracelet and day complication.
Actually here have been steel Day Dates, ref. 6611. See below on Monochrome!

https://monochrome-watches.com/more-...6611-in-steel/

__________________
Troglodyte in residence!

https://www.rolexforums.com/showthread.php?t=808599
HogwldFLTR is offline   Reply With Quote
Old 6 August 2023, 12:27 AM   #16
Krash
2024 Pledge Member
 
Krash's Avatar
 
Join Date: Jan 2018
Location: Florida
Watch: Sub, DJ41, GMT
Posts: 7,409
So I have a silver DJ41 with fluted bezel on a jubilee.

A guy in my neighborhood has a solid gold 40mm DayDate with champagne dial.

I have to admit, when I’m over his house, I feel like he won the gold medal, and I won the silver medal.

But I still love my DJ41. Don’t get me wrong..


Sent from my iPhone using Tapatalk
Krash is online now   Reply With Quote
Old 6 August 2023, 01:45 AM   #17
culvercity
Banned
 
Join Date: Dec 2022
Location: culver city
Posts: 69
I wish the DayDate had the Easylink extension.
culvercity is offline   Reply With Quote
Old 6 August 2023, 01:45 AM   #18
puma1552
"TRF" Member
 
Join Date: Jun 2023
Location: USA
Posts: 698
Quote:
Originally Posted by Calatrava r View Post
Looks great, though I wish they would bring back a smooth bezel option and ditch the railroad track around the outside of the dial. Nothing wrong with the track, but I's like to see them go with hashmarks like on the current DJ/OP.

Quote:
Originally Posted by HogwldFLTR View Post
Actually here have been steel Day Dates, ref. 6611. See below on Monochrome!
Interesting, google told me there were only ever prototypes in steel.
puma1552 is offline   Reply With Quote
Old 6 August 2023, 03:18 AM   #19
miamiclay
2024 Pledge Member
 
miamiclay's Avatar
 
Join Date: Apr 2019
Location: 33139/95460
Posts: 1,332
Quote:
Originally Posted by puma1552 View Post
Interesting, google told me there were only ever prototypes in steel.
Google was right, they only made 8 or 10 in steel, which iirc were given to top horology students. The production 6611s were 18K.
miamiclay is offline   Reply With Quote
Old 6 August 2023, 03:39 AM   #20
DoctorsOrders
"TRF" Member
 
Join Date: Dec 2020
Location: TN
Watch: BLNR
Posts: 854
1. It's Rolex and they can and don't have to explain why, unfortunately
2. There is a lot more precious metal in a day-date, not enough to justify the price difference but still everything on a day-date is pm not ss
DoctorsOrders is offline   Reply With Quote
Old 6 August 2023, 05:09 AM   #21
Roddypeepa
"TRF" Member
 
Roddypeepa's Avatar
 
Join Date: Feb 2019
Real Name: Mark
Location: Southern England
Watch: DJ41 SubC SMPCcoax
Posts: 1,513
Quote:
Originally Posted by puma1552 View Post
I'd buy a steel Day-Date in a heartbeat. Such a cool watch with the President bracelet and day complication.

We’d mostly all like a steel day date. Pigs will fly and hell will freeze over first :(


Sent from my iPhone using Tapatalk
Roddypeepa is offline   Reply With Quote
Old 6 August 2023, 06:28 AM   #22
buffetwarren
"TRF" Member
 
Join Date: Sep 2021
Location: Toronto
Posts: 212
Just comes down to marketing. Even with the DD being all gold, it’s not worth 4x more than a DJ. I think someone here did an analysis of the gold in a DD and concluded the fair market value of the gold was under $10K.
buffetwarren is offline   Reply With Quote
Old 6 August 2023, 06:32 AM   #23
INC
2024 Pledge Member
 
INC's Avatar
 
Join Date: Jul 2022
Location: Budapest, HU
Watch: 17000B, B+W
Posts: 2,085
Quote:
Originally Posted by Roddypeepa View Post
We’d mostly all like a steel day date. Pigs will fly and hell will freeze over first :(
Actually, there was one SS Day-Date, a special Oysterquartz edition. I think, I'd better warm up hell with some flying pigs.
INC is offline   Reply With Quote
Old 6 August 2023, 06:42 AM   #24
INC
2024 Pledge Member
 
INC's Avatar
 
Join Date: Jul 2022
Location: Budapest, HU
Watch: 17000B, B+W
Posts: 2,085
Quote:
Originally Posted by buffetwarren View Post
Just comes down to marketing. Even with the DD being all gold, it’s not worth 4x more than a DJ. I think someone here did an analysis of the gold in a DD and concluded the fair market value of the gold was under $10K.
What kind of a socialist stlye "fair market value" could exist in a case when the potentional buyers kills each other in a drop of water just to let them have one of these at MSRP?

Morover, how can someone start a discussion about "fair market value" in the case of Rolex, when anyone can immediately sell any of these far over the price?
INC is offline   Reply With Quote
Old 6 August 2023, 06:52 AM   #25
Duey
2024 Pledge Member
 
Duey's Avatar
 
Join Date: May 2011
Real Name: Duey
Location: Maui
Watch: Too Many To List
Posts: 3,585
There wasn't much of a price difference in the MSRP , pretty close

116238 was $29K
118238 was $33K (I believe)
Duey is offline   Reply With Quote
Old 6 August 2023, 07:01 AM   #26
BogdanS
"TRF" Member
 
BogdanS's Avatar
 
Join Date: May 2019
Location: EUROPE
Posts: 876
That’s why




Sent from my iPhone using Tapatalk
BogdanS is offline   Reply With Quote
Old 6 August 2023, 07:21 AM   #27
2thdock
2024 Pledge Member
 
Join Date: Feb 2023
Real Name: Mark
Location: NJ
Watch: SD43
Posts: 335
Quote:
Originally Posted by BogdanS View Post
That’s why




Sent from my iPhone using Tapatalk
Dang, that’s beautiful.
__________________
Sea Dweller 43, Omega 300M blue, Omega Moonwatch Hesalite ( new addition), Cartier Tank XL with bracelet, Gold Zodiac Moon complication(dads) , assorted G-Shock, Apple Ultra
Wife- 36 Datejust mint smooth bezel, oyster
2thdock is offline   Reply With Quote
Old 6 August 2023, 08:52 AM   #28
Kenny G
"TRF" Member
 
Join Date: Nov 2021
Location: Canada
Posts: 965
Quote:
Originally Posted by rolex_pl85 View Post
2 things

1) The DayDate is pure 18kt gold everywhere whereas the DJ is not.

2) The allure of being at the top and marketing to portray that if you own a DayDate you are the boss.

Thats probably it.

Although I agree with this, given the actual market value of the gold involved (a few grand in older refs), I’d actually swap the order of these points.

Love the DJ and the DD.
Kenny G is offline   Reply With Quote
Old 6 August 2023, 09:33 AM   #29
HL65
TRF Moderator & 2024 DATE-JUST41 Patron
 
HL65's Avatar
 
Join Date: Dec 2007
Real Name: Ken
Location: SW Florida
Watch: One on my wrist.
Posts: 63,569
Quote:
Originally Posted by BogdanS View Post
That’s why




Sent from my iPhone using Tapatalk
That is pure fire!!
__________________

SPEM SUCCESSUS ALIT
HL65 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Asset Appeal

My Watch LLC

OCWatches

DavidSW Watches

Wrist Aficionado

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.