Rolex Daytonas Fall
Popularized by Paul Newman and today worn by such celebrities as Jay Z, Victoria Beckham, and Michael Jordan;
The Daytona has been in continuous production since 1963 and a no-frills Daytona costs $14,550. It is a nice steel watch with a built-in chronograph (stopwatch) and an all-mechanical (not quartz) movement.
Just before the Pandemic Crisis (December 2019), they were going for about $21,000 (44 percent over retail).
A year later (December 2020), the price was slightly higher ($22,000).
In 2021, Daytona prices increased quickly and reached $40,000 (170 pct above retail) in March 2022.
Now, prices are starting to drop. A Daytona can be yours for about $36,000.
| by Anonymous | reply 13 | August 31, 2022 2:16 AM
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I don't understand the culture of "designer watches" in the age of the smartphone, when no one really needs a watch.
In my limited experience the people who still spend enormous amounts of money collecting these things tend to be complete a-holes. Not sure why that is.
| by Anonymous | reply 1 | August 30, 2022 2:26 PM
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A good watch is work of art and people still collect art.
I own a Rolex and an iwatch and wear them on different occasions.
| by Anonymous | reply 2 | August 30, 2022 2:47 PM
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I got my father's gold Rolex.
These days, I never wear it out in public because I'm concerned about being robbed. It's too valuable to me to risk.
| by Anonymous | reply 3 | August 30, 2022 3:04 PM
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r2
Not all Rolexes are cool. Which kind? And it doesn't count unless you buy it.
| by Anonymous | reply 4 | August 30, 2022 4:23 PM
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[quote] People who still spend enormous amounts of money collecting these things tend to be complete a-holes. Not sure why that is.
R1 too much money and not enough sense, basically.
| by Anonymous | reply 5 | August 30, 2022 5:46 PM
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Like R1, I too, don’t get the allure of super expensive watches that are made just type super expensive.
People just like to be separated from their money.
| by Anonymous | reply 6 | August 30, 2022 9:07 PM
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Rolex watches, like LV bags, are pretty meaningless these days. Even trashy.
There are sooo many fakes and the "rappers" who wear them (real or not) have cheapened the brand.
I see a lot of Rolex watches and LV bags on the subway paired with cheap shoes and Korean weaves.
Classy with a K.
| by Anonymous | reply 8 | August 30, 2022 9:18 PM
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Aren't those just a bit démodé? Also, R8 - Yes
| by Anonymous | reply 9 | August 30, 2022 9:31 PM
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[quote]There are sooo many fakes and the "rappers" who wear them (real or not) have cheapened the brand.
But if a white guy like Bezos or Zuckerberg wore them it would be cool?
| by Anonymous | reply 10 | August 30, 2022 9:54 PM
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Victoria Beckham wearing something is suppose to impress me?
"Oh wow, I didn't know Victoria Beckham owned that watch. She's a style icon and a truly interesting person. If it's good enough for a titan of industry like Victoria Beckham then it's good enough for me".
| by Anonymous | reply 11 | August 31, 2022 1:53 AM
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The face on the Daytona has 3 smaller dials on it. Looks cluttered, IMO. Rather have a simpler watch face. Rolexes supposedly (depending on which one, I guess) have good resale value.
| by Anonymous | reply 12 | August 31, 2022 2:03 AM
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I love watches. My partner collects them ("invests") and if you don't understand them, didn't grow up with them, it can't really be explained.
The craftsmanship of a good watch and horological value is about so much more than the trend or price.
| by Anonymous | reply 13 | August 31, 2022 2:16 AM
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