Is The Rolex Daytona Worth £30,000?
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- Опубликовано: 4 окт 2024
- Hi Everyone and welcome back to the L.W.C channel.
This week we discuss whether the Rolex Daytona is Worth £20,000?
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Simple answer: No of course not.
literally about to comment the exact same thing
@@x5spoonman A. Lange & Söhne SAXONIA thin.
@anonymous human nice you got Rolex and ap
I hope you didnt just bought them for their 2nd hand market value,
It is worth whatever a willing buyer is willing to pay in a open market.
short answer: no
long answer: nooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo
Great advice LWC. It is a journey and we do make mistakes along the way. Last year I traded my 116520 (black) for a 116500 (panda) at grey market prices. Although I loved the Panda after 2 weeks of ownership I could not justify the grey market price. Fortunately my dealer allowed me to return it but by then my 116520 had been sold so we had to come to a financial arrangement which worked for both. It was a tough lesson. I will still love the Panda but only at retail. We live and learn 😁👍
I loved the way you said "try and get it retail". Yeah right.For most of us mere mortals that is impossible
What you talking about just buy alot of Rolex watches you don't like in an AD and you will get a "chance"
Dexterous Ling lol
@@dexterousling1875 OK, so I spend thousands of pounds purchasing a load of DayDates. Add that cost to the retail price of the Daytona, and your theory looks ridiculous. By the way, a lot is two words, not one.
@@cliffwheeler7357 And sarcasm is clearly lost on some.
@@cliffwheeler7357 Might as well pay the premium to a grey dealer to get one and let him buy the Daydates ( of which i have one) and other jewelry for the wife as go through all the hassle yourself of trying to sell that stuff later
Its worth whatever someone is prepared to pay for it
Ya but price is just what you pay, though. Value, otherwise, is what you get
@@dioaldinoharsono6746 Value is “what you get”? Really? If you talk about value in terms of real money the value is usually determined from what you can sell it for. If someone buy a Daytona for $20.000 in 2018 and sell for 22.000 in 2021 no one would say it was not worth $20.000 in 2018, or any other year after that before 2021?.
Or have I missed something crucial....?
Any object is worth the price the market values that item at any given time, the price goes up and down the same as a property, a share in a company or any asset you can imagine. To say “it’s not worth it” would be the same as saying a $10 bill is not worth $10 as it’s only a piece of paper and is worth much less as you can’t eat it, you can’t use it for anything practical other than a symbolic value.
@@dioaldinoharsono6746 That is my point. The price on the market reflects the value someone places on it. Value is subjective. One man's treasure is another man's junk.
@@truxton1000 Yes, you’re completely missing the point lol
It seems you’re boiling “value” down to either practicality (you can eat it) or monetary (whether you can sell it for more money) measurements. Fine and good, but that’s not the point of watch collecting, is it?
Watches aren’t practical. Your smartphone does most anything a watch can do, and does it better. Additionally, there’s not much monetary value in most watches as the price people are willing to pay for a used one is less than the price of a new one.
However, the personal satisfaction one gets is really the measure of “value”. Some people probably couldn’t be paid to have a Daytona in their collection while others would pay more than $20k. If it makes the collector happy, then yes it’s brought “value” to the table.
@@TheJohnGalt1945 I think we agree totally, meaning of value is what someone is willing to pay, even if it’s only one person willing to pay $20.000 at that time or any given time that’s the value. So then it’s “worth it”. And watch collection is about that as well as several other things like interest, passion etc. About most watches not being a good investment at all that’s of course true, only Rolex, Patek and a few other exceptions have been and probably and maybe still will be good in the of course unknown future....
When the pandemic hit in March, grey market prices took a brief but steep dip. I bought a panda dial 116500LN for $20,000 USD. Near unworn condition, full box and papers, and 2 years left on the factory warranty. It was hard to pull the trigger because it isn’t worth that much BUT I knew I would never get it for a better price and I could sell it at any time for a profit. I don’t regret buying it at all.
Smart move now they are trading for $35k+
I got a perfect quality Fake one and everyone says it’s real and is soo impressed by it 💪🏽.
Gives me kudos
Micheal , how’s the watch have you still got it and if so are you still enjoying it?
Jonah from Ozark? Hope you’re doing well 😅
Love the change in music. The old track was played over and over again, so this was refreshing
LWC it's good to see new content from You. On sunday morning there is nothing better than put on a wrist my favorite watch, get a coffe and watch Your channel. Take care !
Its like buying BTC, gold, or stocks. If you want it you have to pay market prices.
It’s not at all like those things, you can put yourself on a waiting list and purchase at retail, for well under 20k
@@glenbuyer8738 Go ahead and try and let me know when you get one without spending a ton of $$ on other watches from your AD.
9 minutes LWC is probably the best way to start a saturday ❤️
Yes indeed
you have no idea how hard I vibe to the intro music
Love your videos man. Both watches set to exactly the same time. Attention to detail every time you post.
My girl loves the panda Daytona 🤦🏻♂️, she will get a Seiko
😂😂😂😂😂
I bet she does
I'd rather take the Seiko, to be honest.
At the end of the day it’s a Seiko and not a Rolex lol
@@lapchoine6600 At the end of the day both are just useless pieces of jewelry that can tell the time as well as your phone can.
At least Seiko isn't insanely overpriced like Rolex.
Rolex is just pure hype and marketing. Nothing interesting at all, horology wise.
I'd much rather buy a Grand Seiko if I wanted a really expensive luxury watch.
Or Patek and A. Lange if I wanted an ultra expensive watch.
I bought my 166133 brand new eighteen years ago for 6345 US dollars...never regretted it. Love your channel big guy!
Love your content even though I really cannot afford the watches that you show on your channel
Thank you for coming back from your hiatus
Awesome music LWC good to have you back !! Nice reviews , as for the watches like you said best to buy from AD but as the stocks are low that is very rare.. price is what you are prepared to pay to be honest these watches price is going one way UP !!
I don't understand why the Daytona is so popular. I think the dial is waaaaay too busy. I wouldn't buy one. The Skydweller is a superior piece.
dont agree. it's perfectly balanced for a busier dial watch, makes other companies look amateurish
@@ATIWatchReviews the text “oyster perpetual superlative chronometer officially certified cosmograph” makes this look amateurish imo. All text for show, unnecessary on the dial
because Daytona is a perfect watch!
If you look at it objectively, it is too busy; especially with the bezel. I'm a huge fan of Rolex, but I would pass on a Daytona if my AD offered one to me. I would jump on a blue Skydweller though.
@@christospapadopoulos6360 it's called differentiation. I think they do the three dials wonderfully. Totally disagree.
my neighbor got the white gold/stainless steel rolex with the blue dial... its a beautiful piece
As a 20 year old who loves to set goals. Getting my first Rolex is as best of a short term goal possible. I’m slowly creeping up to being able to afford this comfortably and I can’t wait!
Good luck man❤️
I got my 116710LN at 21 and to me it represents way more than just a watch and is something that will never leave me. Best of luck my dude, you will not regret it!
Having the money is great but finding a AD willing to sell you the watch is impossible
You should be buying stocks at your age son.
Not only the Daytona, basically every Rolex is overpriced.
Plenty of people with money are willing to pay whatever the market is willing to bear, just like a Ferrari. Capitalism at its best.
@@jml9550 grey market dealers & flippers are the root cause for the inflated grey market prices
@@ticktology I don’t agree. If consumers is not willing to buy from grey market at tripled price, this problem wouldn’t exist.
FYI Paul Newman Daytona was only sold to AD VIP customers. Paul Newman Daytona has always been popular. If you dont believe me, ask bigger collectors like Robert Maron!
Dont believe everything you read on google. Great video!
It’s one absolutely beautiful watch, in my opinion, however I really don’t think it is worth 20.000£, or like 26.000€ for me. I don’t mind being on a waiting list and decided that I’m just going to wait for mine :) Great video, as always. Best regards from Germany 👍
The problem is you can’t get on the waiting list for them, especially in the UK. Not unless you have strong buyer history at that store and have purchased around £250k worth of watches there.
Exactly. A person can have $1M is cash is not gonna buy the newest Ferrari just walking into the dealership.
Always great to wake up with one of your videos my friend. Without doubt THE best watch collection on RUclips. Still hoping once lockdown is over to pop into Harrods to discuss that Explorer. Stay safe and healthy.
The panda 🐼 is an amazing watch, its a modern watch with the retro Paul Newman look to it, its a complete winner 🔥👌🏻
Yesterday i bought my first rolex, a gmt master 16700
Congrats
@@synapsolustv4026 thanks man, in the 2 days i own it, it hasn’t left my wrist.
I nearly peed myself looking at the one with the black dial. What an absolutely gorgeous watch. I want one now
Thank you LWC for putting the full song at 1:40. The music is so beautiful and it makes me emotional as well.. dont know why, has some nostalgic vibes to it. :)
I love my daytona nothing beats it so solid not a scratch and I work in construction!
I'm kind of bored of Rolex now, your other pieces are far more interesting. I sold a OP Date last year and bought a new Tudor Pelagos and a used a Railmaster and still had money to spare. The Rolex brand is overhyped and overpriced.
Hey,
Which of pelagos dial did you purchase?
And how has it been?
Also is the titanium a scratch magnet compared to steel?
A suggestion for future videos is that you discuss best watch options for under £10k, £5k etc, and a good starting watch for your collection.
Love your channel and keep up the amazing work!
The people who complain that Rolex watches are overpriced are normally people who are not really into watches or they can't afford one themselves.
Seven years ago, you could have probably walked into a authorised dealership and purchased any number of Rolex watches. That's exactly what I did. Seven or eight years I bought my Rolex "Hulk" Submariner directly from the local authorised Rolex dealership. In fact, I knew nothing about the green Rolex. I had every intention on just purchasing a Rolex with a black bezel. However, I was shown the green Rolex out of interest. It was only about £45 more expansive than the regular Rolex. So I decided to purchase it because it was different. I'm by glad I made that decision. I paid £6040 for the watch. I'm sure I don't need to say that there is every chance I get double my money now. I asked the same dealership if they could get me Rolex Daytona with a white dial. Two months later they contacted me to say they had got a Daytona, but it had a black dial. I wasn't going to worry about that. Again, I paid £7800 for the watch. I'm quite confident somebody would pay double that I offered it for sale.
For me, the watches were certainly an excellent investment. But I think I managed to catch the boat before it sailed, leaving everybody else having to pay a premium for these watches now.
Its the best Rolex out there, if you can afford it, get it. Prices will only increase if you are worried about money. Win win
I love the Daytona, especially the Platinum. Just stunning.
White 116500, black 116520 is the right combination for 6 digits Daytona.
However it is a pity you are having a buyer’s remorse as the black one is a grail for so many people.
Although they have the same name and similar looks from far, the 16520 is a complete different watch once on your wrist. It is more delicate, has the vintage touch that will give you much satisfaction. You need to be very careful though as there are many variations that could fetch for single to 10 times the price.
Thanks for sharing.
It's a $5,000 dollar watch. These prices are falsely manipulated.....
So is a Patek, what's your point?
It was a $5000 watch at one point but no longer. It's an Iconic watch that is unlikely to lose any of its appeal. Rolex are masters of creating demand for their products
@@madgpol agreed
4:02 A.M. in Brazil, the notification woke me up.
Haha 3pm here in Thailand brother.
And?
@@martinc.720 Hahahaha just saying man.
@@john99brazil Br tá em todo canto mesmo kkkkkk.
Good to see new content from you, LWC.
Would it be nice to see videos of you wearing your watches outdoors. :)
I know for most people it's not worth it but for me it was well worth it just because of how it makes me feel when i wear it.
Great presentation, detail, pace and music accompaniment. Thank you for sharing. 🙏🏼
I’d say no. Over hyped in my opinion. Still a nice watch though.
I think if you will go for expensive watch its probably the best at least it holds its value or even go up in value. Other brands like hubolt is trash in value
@@skyisdlimit6125 Nah this is literally AP pricing and getting into low end Pateks.
I actually prefer the older black dial, steel tachometer Daytona here. Which surprised me, as I didn’t think I would. I don’t know, it has more “character” an absolute scratch magnet though. If worn on a regular basis I’d imagine.
I own a two tone zenith daytona with full set/papers. One of my best purchases even tho I know the two tone is not loved by all of us watch collectors. Great video!
You have over 30 watches (if i am not wrong) , don't you feel bad for some watches that don't get enough wrist time? (Like even if you change your watch everyday then also one watch will get 12 days a year)
I suspect LWC keeps these watches in a safe. He probably wears one or two on a regular basis.
Nothing better than watching my favourite channel on a Saturday morning before school
Why do you have school on a Saturday? Are you in need of help?
@@VinceLA91 A lot of private schools in the UK have a half day of school on Saturday
For so long I have waited for this review. Helpful thank you for your insight.
Remember when LWC said he’d show us his special vintage Rolex that’s worth more than his entire collection combined? Smh...
We all know that box holds a Casio F-91w.
My favourite watch. It´s the only Rolex I would buy. I would change my whole collection (more than 30 pieces) for a Rolex Daytona........love it.
ha ha ha good advice LWC! me talking to the wife:....."but LWC said if i can go a little over budget I should to get the watch I really want!!!" So I re-mortgaged the house and am now the proud owner of a Yellow Gold Green Dial Daytona! - Oh Happy Days!!!! :)
Man you have I think the best collection of Watch that I know, not only you buy rare Pieces you also put a logic on it not only buy it because they are rare . I hope one day I will be able to create my own collection like you
Objectively there is nothing rare about his pieces. They are all current hot models. if you have the cash you can buy them from DavidSW and all the watches will be delivered to your door the next day. Having said that his watches are real nice though. Love the Patek Travel Time
What’s a “beast collection”?
A lot of poors in this comment section. A daytona is worth whatever the market dictates, not the poor children on youtube comments. Rolex is one of the few brands that actually holds value and even appreciates. Lange, Briguet, Omega, Jacob, Panerai, etc etc etc never go up in value. Its just Rolex, AP and Patek. The only 3 brands worth buying if you want to maintain your investment.
Very well said, nice video👍
I’m convinced a Rolex Daytona Ceramic is worth £20k. Ok demand maybe drop or rolex might increase production but still 90 percent of people will not be able to get them at retail. Is a Patek 5980 in steel worth £60k? Is a Royal Oak worth 26-30k. Is your house which was made in the 80s worth the same prices in 2021? When will people see it’s worth what people will pay
Great vid, and it’s good to see you back on a more regular basis.
Happy new year LWC! Good to see you back on YT✌🏻
A watch is worth whatever anyone is willing to spend to obtain it.
The coolest thing about collecting such high end watches is that you have such a great and emotionally rewarding hobby, and in fact you are not paying a penny for it (for those who don't get why - all this watches are kept in perfect condition and are only growing in price)!!
But you benefit from that only if you sell your watches. He’s a collector, not a flipper. He often mentions passing his watches down to his kids. He’s never going to see that money again.
@@martinc.720 Even if we want to sell at profit , we have to get them at retail (almost impossible)to get a good profit
@@martinc.720 yeah, this is what I am saying, I am not accusing him of being a flipper obviously. I am just saying that he is enjoying all those beautiful pieces, but should a need arise, he will always be able to liquidate them. He is doing all correctly.
Looking at the rate he is buying grail watches I don’t think money is an issue for him.
@@tyapka You’re not accusing him of anything, and this is not what you were saying at all in your original comment.
The steel Daytona is the only offering from the brand that has consistently traded for over retail for decades, it also fetched the highest price at auction with the Paul Newman hitting $17.8-Million ☝🏻🥴
the best value purchase it always to buy what you really want (if you can afford it). don't settle for something close
Your collection is very impressive. I totally agree that it is better to stretch the budget a little bit for something extra special.
Would you ever buy a cheaper range watch ( ie a Citizen) if you liked the look of it ?
Do you compose your own music? If not where do you buy them?
Well if you ever think about selling your 116520 to put the money into a Zenith Daytona, please let me know. I love that watch.
That was a very interesting video and it’s put my mind at rest , I recently purchased an submariner date ( 116610) from a pre owned dealer for 3000 pounds over list which I felt bad about but the watch was brand new fully stickered and I have been on many wait lists so just went for it . So thank you for doing this video as usual it was top class .
I got a perfect quality Fake one and everyone says it’s real and is soo impressed by it 💪🏽.
Gives me kudos
@@Max__apex 🤔
I spent on my panda Daytona $18k and I love it... one day I maybe lucky to get the 116520 in good condition and good price 🙏 . Thanks for those kind of videos
“I had to work around that budget.” 43,000 pounds. Dude, if that’s your yearly watch budget, you didn’t need to have a watch budget. Beautiful watches.
For £20k you can get a used Vacheron Constantin Malte Chronograph
or a used Jaeger-LeCoultre Duometre Chronographe
. They both make the Daytona look rather boring.
Any chance of you purchasing the Seiko Captain Willard and reviewing it ?
Good morning
Hope you and your family and friends are all keeping well and healthy and positive Two iconic Rolex watches so beautiful and i always enjoy watching and listening to your video's you have such passion for watchers and your collection .have a lovely weekend best wishes
I suspect some folks who claim to be addicted to watches, might actually be addicted to BUYING watches (or perhaps "acquiring" watches). If there were actually true affection for HAVING watches, why are so many purchases very quickly followed by the impulse to purchase others? Perhaps because the rush isn't from HAVING the watch - the rush is from the three-step process of desiring the watch, looking for the watch, acquiring the watch. I think more emphasis should be put on loving the watches you have rather than the ones you don't...
You are so right on the fact that the zenith Daytona was the Daytona to buy.
Absolutely stunning. However, some of us need to separate lust and love for watches!
They fit your wrist very well
How’s the explorer doing after the chocolate bath?
Have a nice weekend
I have a question for you: I know you centre your collection to only stainless steel, but do you think you will eventually convert to precious metals in addition? Any particular reason to only stay with stainless steel timepieces?
I owned a 116500LN black dial for 2 years and sold it for £17250. Nice watch but seriously overhyped.
Which Daytona would you prefer the black or white dial if you can only get one?
Of course not. But as long as people are willing to pay 20K then that's how much it goes for it.
What do you think of H Moser Pioneer center seconds? I think that really matches your taste (especially blue fume dial)
Your second thought about buying KEMIT for that kind of money for a Date Day was exactly what I did. I enjoyed the presidential Watch Day Date 40 much much much more. The hype of paying such overprice for a steel watch is not worth it.
Hmm thank you for the information. Now I only need to become rich enough to have choices between rolexes.
How on earth do you get one at retail without dropping big money with an AD??
Would you ever go for a Jacob&Co piece?
What do you think about the right lugs being smaller than the left side whereas this is not the case on the gold versions? Why is this?
Love the unboxing theme
Whats that song plz
Simple answer is.. YES
Simple answer is yes of course 🤘🥰
Rolex = cost and value, they arent worth what they cost to make, it is what someone is willing to pay for it, and that is why the world is up thee eyes in debt 👍
Have you thought of reviewing Ulysse Nardin Freak? In my opinion it's quite a revolutionary watch.
What’s the background music he uses?
He hasn't revealed his source, but it's a site that produces backgroud music and other things, and you can buy a track, and the track then becomes your music. No-one else can then buy it. I'd love to know the site. Maybe if he does another Q&A he'll give more details. Think he originally stated it on his first Q&A.
I have the song, can send it to you for 5$
LWC, great video and advice. A while ago you mentioned in one of your videos that you had a very expensive vintage Rolex that you were going to show us. You never did. Are you still planning on doing so?
I would not spend £20,000 but at £10,500 the ceramic Daytona is "good" value. If I had £35,000 to spend I would be tempted by the white gold GMT with the meteorite dial, this has got to be a future collectors item?
In my opinion, no. If money was no issue I’d plump for the Reference 126619LB, the white gold Sub. Stunning watch on the wrist. Understated but beautiful
It’s worth $50k if the SS 5711 is at $100k. This is all about supply and demand and the SS Daytona has been in very limited supply for over 2 decades. The Rolex cal.4130 movement is THE best movement Rolex has ever created. You have a better chance winning the lottery than getting a SS Daytona at retail.
You said it well! It’s only worth what you think its worth to you! However; spending crazy money on a current production model? No. Definitely not haha.
Honestly I never liked none of Daytona models ... I love central second hand and date and none of Daytona never had that ! One model which caught my eyes is platinum one but it’s way too much money to spend.. my Rolex models was and is always GMT/ Datejust/ Day- Date/ Submariner/ SkyDweller...
So for the past 3 years I have been saving every penny and investing to hopefully buy a Rolex Daytona before my graduation in May. A few months ago I was finally prepared to buy the watch. So I went to my closest Ad. DIDNT EVEN PUT ME ON THE LIST! However, I kept trying. Now I am on the list with another Ad who said they would try to get me a Daytona before Graduation. However, I think they may have just said that to be nice. I feel discouraged to be honest.
I just don’t know what to do because I’ve worked so hard for this watch.
It is partly my fault as I know it’s the toughest model to get but also why does Rolex have to cut supply. They don’t benefit at all from these grey market prices except it puts hype around their watches
It depends whether you want it and how bad. By how bad I mean how much you want that watch to literally become part of you, in body and soul. To me it must be a sports piece with very high vintage features - 1960s pieces. A modern piece just will not do it, because it does not age and therefore feels like it has no soul. They are watches that I wear for work, but not passion pieces that I wear during my personal, special time. But that's just me. Wear what you love.
I paid £21,000 for the panda aftermarket purchase, and I’ve been on the ad waiting list for 3 years still no avail, having also spent £35k on other watches from ad, still no call for a bloody Daytona ceramic.
Love mine, and was offered 29k to buy it off my wrist. I decided it was worth keeping. So I guess it’s worth it if someone will pay it.
This year I'll buy my first Rolex for my 25th birthday in September
god willing.
Make sure to get yourself early enough on a waitinglist 😅
@@Bushodi In 1975 when I was 19, I bought a red Sub for £190.
What is the best bait watch to lure the dancers off the stage?
Rolex is an investment the longer you own one the more it's worth and as long as you keep it looking good.