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One of Rolex’s most popular models, the Daytona, saw the greatest price increases. For example, the white gold version with the OysterFlex bracelet has a suggested price of $38,100 — a sharp ...
Looking at year-over-year changes in the secondary market, only five brands saw prices rise, including Montblanc (+2.4%) and Hamilton (+2.2%) among the lucky few.
The Oyster Perpetual Day-Date 40 in 18 kt yellow gold with a bright black, diamond-set dial, fluted bezel and a President bracelet. (Rolex)
Rolex: Rolex Daytona Lapis Lazuli Platinum Ref. 16516 1999 Wrist 3.270 3.973 07/12/2020 Hong Kong Sotheby's [89] [90] 50 Patek Philippe Serpico y Laino Gold Ref. 2499 1952 Wrist 3.235 4.051 11/12/2018 Geneva Christie's [91] [92] 51 Rolex Daytona Turquoise Hardstone Lacquer Ref. 16516 1998 Wrist 3.139 3.139 04/23/2021 Hong Kong Sotheby's [93] 52
A yellow gold Rolex Day-Date. The Rolex Oyster Perpetual Day-Date is a COSC certified, self-winding chronometer manufactured by Rolex. Initially presented in 1956, the Day-Date was the first watch to display the date as well as the day, spelled in full. [1] The calendar display is offered in 26 languages. [2]
The Rolex Daytona was inspired by racecar drivers and enthusiasts, most notably, iconic actor Paul Newman, who reportedly wore his Daytona every day after he was gifted one by his wife. Newman typically wore it on a leather military strap, and was photographed wearing it in this fashion for the 1972 book Paul Newman - Les images d'une vie . [ 9 ]
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By 2017 grey market sales of luxury watches were "upending the global watch industry," according to Barron's; exports of new watches from Switzerland fell 10% in 2016 and there was a glut of inventory of new watches, driving prices down. [10]
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