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DBlue2018 · 15 January 2020, 01:23 AM

The YG Daytona green dial is meant to be a hot
piece

However Watchfinder are offering £28,000 for them if they are brand new, unworn, UK AD supplied with box and papers which is about list price

In other words there is now no benefit of a flipper buying this to flip

So question is why is it still hard to get and why do dealers have them for £42k?

Surely the market for flipping is now done? Unless maybe on a Pepsi or Daytona or blue skydweller

Really feel the heat has come out of the market now

schoolboy · 15 January 2020, 01:41 AM

Maybe in a few months it won’t be so hard to get

Nobody knows

But I’m assuming dealers are still asking a premium because they have to in order to not take a loss

glamorama · 15 January 2020, 01:47 AM

Yeah that makes it uninteresting for flippers, good for those that wants one.

Any idea what they pay for a 116500LN?

DBlue2018 · 15 January 2020, 01:48 AM

Yeah true

Watchfinder make £14,000 on these based on asking and selling prices.

Amazing to think the margin is that big

Can’t see it continuing personally

MTdweller · 15 January 2020, 01:50 AM

Grey market prices may still be high to offset what the dealers paid. They will probably hold out until it is clear nobody will buy at or above their cost.

904VT · 15 January 2020, 01:53 AM

I doubt it was ever meant to be a "hot piece". In other words it won't be as out of equilibrium as the 116500LN. As with any new introduction there is always outstripped demand in the first year or two of production. Let's see what this market looks like in a few years when these are still coming. Rolex doesn't have an endless supply of buyers for a $35k green dial YG sports watch imo.

DBlue2018 · 15 January 2020, 02:25 AM

Quote:

Originally Posted by glamorama

Yeah that makes it uninteresting for flippers, good for those that wants one.

Any idea what they pay for a 116500LN?

I don’t I’m afraid but you can go on their site and check

I think a friend of mine said about 17k but I could be wrong

Dougiebaby · 15 January 2020, 02:57 AM

Quote:

Originally Posted by glamorama

Yeah that makes it uninteresting for flippers, good for those that wants one.

Any idea what they pay for a 116500LN?

I was offered $19,200 (US) for mine from 3 greys.

Sent from my iPhone using Tapatalk

15 January 2020, 01:23 AM	#1
DBlue2018 "TRF" Member Join Date: Oct 2019 Location: UK Posts: 106	116508 YG Daytona Green Dial News The YG Daytona green dial is meant to be a hot piece However Watchfinder are offering £28,000 for them if they are brand new, unworn, UK AD supplied with box and papers which is about list price In other words there is now no benefit of a flipper buying this to flip So question is why is it still hard to get and why do dealers have them for £42k? Surely the market for flipping is now done? Unless maybe on a Pepsi or Daytona or blue skydweller Really feel the heat has come out of the market now

15 January 2020, 01:41 AM	#2
schoolboy Banned Join Date: Nov 2017 Real Name: Jesus Location: Texas Watch: 116234 Posts: 8,721	Maybe in a few months it won’t be so hard to get Nobody knows But I’m assuming dealers are still asking a premium because they have to in order to not take a loss

15 January 2020, 01:47 AM	#3
glamorama "TRF" Member Join Date: Jan 2018 Real Name: Dan Location: Benelux Posts: 1,919	Yeah that makes it uninteresting for flippers, good for those that wants one. Any idea what they pay for a 116500LN?

15 January 2020, 01:48 AM	#4
DBlue2018 "TRF" Member Join Date: Oct 2019 Location: UK Posts: 106	Yeah true Watchfinder make £14,000 on these based on asking and selling prices. Amazing to think the margin is that big Can’t see it continuing personally

15 January 2020, 01:50 AM	#5
MTdweller "TRF" Member Join Date: Jul 2015 Real Name: Ty Location: West Coast Watch: the time fly! Posts: 1,475	Grey market prices may still be high to offset what the dealers paid. They will probably hold out until it is clear nobody will buy at or above their cost.

15 January 2020, 01:53 AM	#6
904VT "TRF" Member Join Date: Jun 2016 Location: USA Watch: All Rolex Posts: 6,978	I doubt it was ever meant to be a "hot piece". In other words it won't be as out of equilibrium as the 116500LN. As with any new introduction there is always outstripped demand in the first year or two of production. Let's see what this market looks like in a few years when these are still coming. Rolex doesn't have an endless supply of buyers for a $35k green dial YG sports watch imo.

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