The reason for Daytona’s being expensive than other Rolex models made with the same material lies in the simple theory of economics… Demand-Supply. Of course, elegant design, chronograph complication, prestige all play a role in the cost but we will get to it later.
In this post
Why is platinum Daytona so expensive?
It’s about passion and that you simply enjoy the watch, the craftsmanship, the feeling it brings you. Another point to bring up is that because most watch brands position platinum as ultra luxury, they reserve the material for only only the finest watches. This is why you also need to factor in the model itself.
Is Rolex Daytona platinum a good investment?
The Daytona Platinum Ice Blue’s price rose by 276% between 2018 and 2022. The 2.76 times increase in its price makes this particular Daytona an excellent investment.
Why are Rolex Daytonas so expensive?
Demand & Supply. Demand and supply is ultimately the main reason for sky-rocketing Rolex prices. Although Rolex produces a lot of watches each year—around 800,000—demand is still too much, which is why you will find yourself on a waiting list if you ask for one at a local AD.
What is so special about Rolex Daytona?
With its tachymetric scale, its three counters and its pushers, the Cosmograph Daytona was designed to be the ultimate timing tool for endurance racing drivers. This chronograph allows the driver to measure elapsed time, which is displayed in hours, minutes and seconds on the dial.
How many platinum Daytona are there?
950 platinum
The Rolex Cosmograph Daytona Reference 116506 remains 40mm in size. It features a case made entirely of 950 platinum, with a chestnut brown Cerachrom bezel. The dial is ice blue, a color used exclusively on platinum models by Rolex – most notably the Day-Date II.
How long is the Rolex Daytona waiting list?
Waiting times for different Rolex models
| Model | Duration* |
|---|---|
| Daytona | Over 5 years, occasionally much longer |
| Deepsea | Over 2 years |
| Explorer I | 6 to 18 months |
| Explorer II | 1 to 2 years |
Why is the Rolex Daytona so hard to find?
What makes the Rolex Daytona so hard to find? The combination of low production numbers of past and present models, the Daytona’s high complications, and the watch’s unique features, especially in vintage models, make it difficult to obtain.
Which Rolex is the best investment 2021?
Rolex Platinum Daytona
The Rolex with the largest monitary gain from an investment is the Platinum Daytona. This reference experiences a $75,000 return on investment if purchased new from an authorized dealer. The Platona is the best Rolex investment watch of 2021.
How many Rolex Daytonas are made each year?
1 million per
Rolex makes some of the world’s most iconic watches, like the Daytona, Submariner, and classic Oyster. The Swiss company is believed to make roughly 1 million per year, each one by hand.
Do Rolex Daytona go up in value?
As a general rule, steel Rolex sports watches reliably hold or appreciate in value. This includes, in particular, the GMT-Master II with its famous two-coloured bezel, the Cosmograph Daytona, and the ever-popular Submariner 16610.
Why do people like the Rolex Daytona so much?
These watches soon became known as the Daytona, named after Daytona Beach, Florida, which is home to some of the biggest names in auto racing. The watches were very popular in the racing community, due to their usefulness when calculating average lap speed.
Why do people love Rolex Daytona?
The Rolex Daytona’s simple yet perfectly balanced design is virtually unmatched in any other chronograph model. Strong contrasting colours, from the main to the subsidiary dials, in a superbly composed gold or steel case, make this watch irresistible.
What is the rarest Rolex Daytona?
In October 2017, Paul Newman’s Rolex Daytona Ref. 6263 set the world record for a wristwatch at auction when it was sold for 17,752,500 USD at Philips.
Who gets a Rolex at the Rolex 24?
The winner drivers of the Rolex 24 At Daytona earn one of company’s luxury timepieces. Rolex’s involvement in the race prompts drivers across the globe to come back to the Rolex 24 year after year, in pursuit of one of the winners’ watches. Each of the class winners receive watches.
Who gets a Rolex at Daytona?
Ever since Rolex became the official timepiece of Daytona, winners of the 24-hour race — now known as the Rolex 24 — have been awarded with a specially engraved Cosmograph.
What is the list price of a platinum Daytona?
Rolex Daytona Platinum Ice Blue Dial Chronograph 116506 2021 New for $120,775 for sale from a Trusted Seller on Chrono24. Be one of 4,000 successful private sellers each month.
When did platinum Daytona start?
2013
About the Platinum Rolex Daytona
Released in 2013, the Rolex Daytona Platinum reference 116506 marked the model’s 50th anniversary. It was and continues to be, a hugely prized yet controversial model.
How heavy is platinum Daytona?
283 grams
Rolex Daytona Size and Weight
For instance, it ranges from 148 grams for the stainless steel model, to 195 grams for the white gold, to 283 grams for a platinum Rolex Daytona.
What is the hottest Rolex right now?
Rolex currently offers a larger 40mm version of the Day-Date in addition to the classic 36mm sized model, and when it comes to the hottest Rolex President watch on the market right now, it is easily the Day-Date 40 reference 228238.
Which Rolex models are hard to get?
In writing moments, the Rolex models that are the hardest to get are the Daytona 116500, 126710BLNR, 126710BLRO, 116610LN, 114060, 126711CHNR, 116610LN, 116610LV. So there are still other sports models from Rolex that are relatively easy to get a hold of.