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Would you bite the bullet on these now at £29k Sterling
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Would you bite the bullet on these now at £29k Sterling
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Errrr no!
It’s just a watch and not a very nice looking one at that.
YMMV.
At £29k I would go white gold.
Worth what people are willing to pay I guess but for me it’s a £10k watch at best.
£29k is the price for people with more money than patience.
Having chased one for 10 years it was my most disappointing purchase ever (and not at drug dealer prices).
I would not purchase one at list now.
It’s a hard pass from me
I can’t see why someone would pay that much
Is the Daytona too much to buy now …??
YES
The 1984 Rolex catalogue in Sales Corner shows the Daytona at £725. The Bank of England inflation calculator puts that at £2,400 in today's money. Is the modern watch 5 times better than the eighties version, never mind 12 times?
If it was white gold I'd buy it
I would say so, yes.
I paid £2750 for mine in 1997, last week I turned down considerably more for it, so yes it is
Why do you ask OP, are you seriously considering it?
I would have to have lost all touch with reality to pay 29k for that. Or any other mass produced watch.
It’s worth whatever someone’s willing to pay for it, probably
To me it’s a little insane that anyone would pay more for steel than PM. But I’m sure some will argue steel is better for day to day, therefore better overall
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Is it too cheap at £ 10’500 list ?…
OP if you have the money and want one then buy it.
For me it's a big fat no as it's too small and difficult to read with my eyes and yes i did try one on at my local AD a few years ago.
Personally I think it’s too much. But I passed on buying one at £13k not that many years ago when I thought that was too dear! What an idiot
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Actually like the white one alot, but I prevaricated and missed the boat when they were in my price range and no, can't justify that kind of money.
If you are looking for a portable store of wealth with a max 50%ish downside and the ability to quickly liquidate or make untraceable payments, I’d say Bitcoin is a much better option. If you are looking for a wristwatch the list of better options is vast.
Full White gold go for £38k at the greys and the oysterflex white gold for £34k - so it seems the gold ones are increasing as well - but I guess it’s still a lot closer to MSRP than the steel, so less of a markup…
Man maths. If steel Daytona’s keep creeping up, then gold versions will look ‘better value’ and increase in price. In other words, the price of gold is linked to the price of steel. Can’t see it lasting, but what do I know!
No, not imo. I do wonder how many owners even use the functions of the watch?
Always remember Rolex doesn't want the professional classes of doctors, architects etc. buying their products any more. That's what the Tudor brand is for. Many, many people will gain $30k in minutes, hours or days.
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Dealer and instagram hype. In the flesh they really are nothing special, your in Ap and PP price bracket, and you get a lot more for your money.
Would you buy a 10k for 30k just,. because some said it was worth that.
I got some flak paying grey for my ceramic Daytona 3 years ago with people saying the bubble was about to pop . Now it seems over double what I paid
Agreed. No longer a timekeeping device but jewellery. If you buy it, would you wear? Or as a safe queen?
Fmf
Not just this one all the steel Daytona are up 30-40% since start of covid, pretty insane. But I still rather have this then a 5711 which is 3x the price.
OP, if you expected a useful answer - shame on you.
It is all a matter of personal preference. If you like it 29K worth and what it right away, then it is not too much to buy. You will certainly not lose a lot if you decide to sell it in short term. Personally speaking, Daytona is not my favorite Rolex sports model and I wouldn’t spend 29k on it. All the talk about jewellery and mass produced SS BS, is just that - rubbish and BS.
I’d probably source a nice 116520 pre ceramic version and have a chunk of cash leftover
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Too much money and the dials busy apart from that its alright.
If you're talking about wearing it, then I'd take the £29k and spend it on 5 watches, have yourself a nice collection.
If you're talking about as an investment (which you must be), then God knows. Ever since people started throwing money into NFTs I lost all sense of what a good store of value is.
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I already have one of those but still like the ceramic
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How times change. They couldn’t give these away in the ‘70s
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The only sensible answer is ‘if you think so’. Frankly if I were a premiership footballer on £30k a week it’s worth a weeks wages. It’s a rip-off but I wouldn’t be bothered if I wanted one and it was that ‘cheap’ in comparison to my income.
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love this watch but agree with most posts it’s a 10k watch at best
Putting to one side future residuals, a VC Overseas feels so much more special in that price bracket
Just glanced through a May 1975 catalogue I have and the 6263 was £238!
Equivalent to £1936 today.
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