News and events from the world of Rolex.Useful articles to know more about Rolex and Patek Philippe watches
Is the Daytona an investment?
Everybody knows the current economical situation and, even if an object is beautiful and precious, the fear of international stock market's collapse bridles us.
What everybody is looking for is an investment, something that can make us feel safe. Unfortunately, nowadays it is impossible to find this safety in the stock market, but it is important to keep in mind that there are some goods and products whose value rockets every year and that they can represent exceptional deals.
Then, if this safe investment is one of our passions... even better !!
One important example is the Rolex Daytona.
Image appears courtesy of Jake's Rolex blog
"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:
MODEL: Daytona Ref. 16520 in stainless steel
CATALOGUE PRICE: In1994: € 3.047,10
CURRENT VALUE: € 10.000/12.000
MODELLO: Daytona Ref. 16520 in stainless steel, black dial turning into brown
CATALOGUE PRICE: In 1994: € 3.047,10
CURRENT VALUE: € 18.000/22.000
MODELLO: Daytona Ref. 6239 in stainless steel
CATALOGUE PRICE: In 1966/67: € 64,04
CURRENT VALUE: € 22.000/24.000
MODELLO: Daytona Ref. 6239 in stainless steel with Paul Newman dial
CATALOGUE PRICE:In 1969/70: € 67,14
CURRENT VALUE: € 65.000/70.000
MODELLO: Daytona Ref. 6239 in gold 18k
CATALOGUE PRICE: In 1966/67: € 163,71
CURRENT VALUE: € 60.000/65.000
MODELLO: Daytona Ref. 6239 in gold 18k with Paul Newman dial
CATALOGUE PRICE: In 1969/70: € 163,71
CURRENT VALUE: € 100.000/110.000
MODELLO: Daytona Ref. 6241 in stainless steel
CATALOGUE PRICE In 1966/67: € 64,04
CURRENT VALUE: € 24.000/26.000
MODELLO: Daytona Ref. 6241 in gold 18k
CATALOGUE PRICE: In 1966/67: € 163,71
CURRENT VALUE: € 70.000/75.0000
MODELLO: Daytona Ref. 6241 in stainless steel with Paul Newman dial
CATALOGUE PRICE: In 1969/70: € 67,14
CURRENT VALUE: € 65.000/70.000
MODELLO: Daytona Ref. 6241 in gold 18k with Paul Newman dial
CATALOGUE PRICE: In 1969/70: € 163,71
CURRENT VALUE: € 100.000/110.000
MODELLO: Daytona Ref. 6263 in stainless steel
CATALOGUE PRICE: In 1971/72: € 78,50
CURRENT VALUE: € 25.000/27.000
MODELLO: Daytona Ref. 6265 in stainless steel
CATALOGUE PRICE: In 1971/72: € 78,50
CURRENT VALUE: € 25.000/27.000
MODELLO: 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.
Image appears courtesy of Jake's Rolex blog
In conclusion, the answer to the question "Is the Daytona an investment"? is: "Yes, of course"
