If you ask me what is the best Investment Rolex we should buy now. From what I have learnt from these 30 years playing Rolex, I have firm answer is Daytona if you ask me what is the best investment Rolex as generally.Thought its entry price is the high for Average Rolex Selling price. But that is not the most expensive series of Rolex.
Many people ask what is the best first Rolex he should consider, it is also having no definitely reply as all depends on what you wants.
For fun, What He-has-that-I-should-Have!? For Investment!? Just For use!? For Stylish fashion watch!? For his Function? Just because of Rolex?
If you are professional diver, golfer, mountaineer, I am sure that you may consider the Submariner or Explorer II. If you want to buy one just for going work, likely a Rolex Turn-O-graph is best, as most of the people would likely choose Date Just as it is so far the most popular model from Rolex, accounts for 60% of the total Sales.
If you area student, OL, I believe I would like to go for Submariner or Explorer II
Women would like to go for Explorer.
If you are borne with Silver sterling 925 spoon, well, it is out of the question, you can buy all available Rolex models and change every day, we need not to be discussed here.
If you are the CEO, CFO, COO I think a Rolex Daytona, or Day Date would be one of the choice.
So How about Daytona? well, it is hard to say as for pure function consideration, that is not too persuasive as it has no date, you know some time a frequent traveling , when you wake up in the Hotel have your experience that “ hey, what is the Day to day? That is one of the reason why I choose Day Date, or a perpetual calendar when I travelling. As it never fails to provide me the most importunate data in the morning, time for next meeting, Today is what Date!?
If you are an collector, or investor, well, that is not q question, you may go for Daytona as it is really the Icon of Rolex, the most complicated watch from Rolex, Sorry please do not compare with the triple or Grand complication watch from VC, PP or AP. That is different animals.
As from most of the previous Auctions, Daytona and Comex Submariner seems never turn out to be the Dutch Auction. So if I were asked what is the best Rolex Investment item, that is Daytona!
As what the Rolex Bible said, "Rolex Daytona" means a lot of things: it is the most desirable chronograph, it is a tool to measure time, it is a fashion object, it is a collector's dream and it is a safe investment!
There are many Daytona models whose value increases year after year. Here you can see some examples:
-Daytona Ref. 16520 in stainless steel
CATALOGUE PRICE: In1994: € 3.047,10
CURRENT VALUE: € 10.000/12.000
-Daytona Ref. 16520 in stainless steel, black dial turning into brown
CATALOGUE PRICE: In 1994: € 3.047,10
CURRENT VALUE: € 18.000/22.000
-Daytona Ref. 6239 in stainless steel
CATALOGUE PRICE: In 1966/67: € 64,04
CURRENT VALUE: € 22.000/24.000
-Daytona Ref. 6239 in stainless steel with Paul Newman dial
CATALOGUE PRICE:In 1969/70: € 67,14
CURRENT VALUE: € 65.000/70.000
-Daytona Ref. 6239 in gold 18k
CATALOGUE PRICE: In 1966/67: € 163,71
CURRENT VALUE: € 60.000/65.000
-Daytona Ref. 6239 in gold 18k with Paul Newman dial
CATALOGUE PRICE: In 1969/70: € 163,71
CURRENT VALUE: € 100.000/110.000
-Daytona Ref. 6241 in stainless steel
CATALOGUE PRICE In 1966/67: € 64,04
CURRENT VALUE: € 24.000/26.000
Daytona Ref. 6241 in gold 18k
CATALOGUE PRICE: In 1966/67: € 163,71
-CURRENT VALUE: € 70.000/75.0000
Daytona Ref. 6241 in stainless steel with Paul Newman dial
CATALOGUE PRICE: In 1969/70: € 67,14
CURRENT VALUE: € 65.000/70.000
-Daytona Ref. 6241 in gold 18k with Paul Newman dial
CATALOGUE PRICE: In 1969/70: € 163,71
CURRENT VALUE: € 100.000/110.000
-Daytona Ref. 6263 in stainless steel
CATALOGUE PRICE: In 1971/72: € 78,50
CURRENT VALUE: € 25.000/27.000
-Daytona Ref. 6265 in stainless steel
CATALOGUE PRICE: In 1971/72: € 78,50
CURRENT VALUE: € 25.000/27.000
-Daytona Ref. 6265 in gold 18k
CATALOGUE PRICE: Ini 1971/72: € 241,19
CURRENT VALUE: € 55.000/60.000
Furthermore, if the color of a Daytona's dial turn into another color, the watch will be even more valuable.
An example: the reference 6263 in stainless steel with Paul Newman dial is worth around € 70'000; but the same watch with the dial turning into brown, was sold by Sothebys on 2011, November 14th for CHF 464’500.
Reference: Rolex Daytona Story: the new book of Guido Mondani Editore.
Recommend to go for this Book as it contains numerous stories and picture of Daytona.
Image appears courtesy of Jake's Rolex blog
HK Snob
2 comments:
hi mr. snob!
i'm close to getting a daytona rose gold black dial until i chance upon seeing the dark chocolate daytona rose gold with all ceramic bezel. which do you think are better than these two? also, i'll be in hong kong this coming april, would you know how much these two lovelies cost from your recommended shop?
Hi Amy,
Well, difficult to choose as both are the best dark beauties of Rolex. Black dial reflects a good contrast on Pink Rose Gold. Especailly it would shine like a star on a white hand , I believe!
No matter men or women, This is no wrong choice, just you wanna choose between the, Ceramic bezel seems more durable, but all it matters is Taste, Up to you to choose, For the Rose Gold Brown Daytona is now sellign at HKD$214,600 with less 6% discount at Rolex AD. Well, April may have a new price already, top up anther 4-6% I guess. Check out that before you come over HK.
HK Snob
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