Phillips Daytona Ultimatum Auction Results: What They Mean, and Why You Should Care
It’s generally known nowadays, that Aurel Bacs—the man behind the wild development of the Phillips Auctions watch office—has a skill for turning pretty much anything he contacts to gold. He’s been behind the offer of what should be at least twelve world records in the vintage watch closeout scene, including the offer of the last 5 top selling Rolex watches of all time. Love him or scorn him, he’s an affected the current warmth in the vintage watch market than any single individual of late, and the aftereffects of his most recent topical occasion (the Daytona Ultimatum closeout) have left one more blemish on the authority scene that will be extraordinary for those with a vintage Rolex Daytona in their present assortment, yet an intense pill to swallow for those yet to get the vintage Daytona they’ve been as of late chasing.
First things first, we should take a gander at the numbers. The topical Daytona Ultimatum closeout held 32 parcels altogether, and every single part outperformed hold and exchanged hands. Of those 32 parcels, clearly some were more alluring than others (specifically the white gold ref. 6265 “Unicorn” Daytona that brought CHF5,937,500), yet no under 13 parts sold for over their high gauge, and just one of the 32 postings—an extremely conventional dark dialed ref. 116520—sold for under CHF100,000. In addition, four different parts other than the Unicorn Daytona ref. 6265 figured out how to break the $1M mark, including a ref. 6240 with dark dial , and three uncommon varieties of ref. 6263 Daytonas including an Oyster Sotto , a “Red Sultan” dial, another impossible to miss ref. 6263 with uncommon Arabic-Indic white gold applied numerals .
The Rolex Daytona Ref. 6263 “The Arabian Knight”. Photograph graciousness of Phillips Daytona Ultimatum auction
While actually a significant number of the 32 contributions in the deal are uncommon/collectible in their own right, the fire behind the Daytona these days is beginning to turn crazy. Case and point, the Daytona ref. 16520 from 1988 that sold for a cosmic CHF187,500. Truth be told, almost $200k for a fundamental, basic late ’80s type 4030 Daytona with a white dial that retailed out of Iowa in 1990.
Now, we can fold our cerebrums over 6-figure 6263s and such, yet all in all this is certifiably not an uncommon watch, on the whole. Of course, this rendition has the mid “200” adjusted steel bezel rather than 400, however in any case there’s no deficiency of fine models out there for close to $75k. Case and point, there are a couple instances of the reference recorded on our site presently. We’ve seen this degree of ridiculousness at a Phillips closeout previously, when a “Home Plate” Tudor Monte Carlo sold at the Paul Newman sell off for $118,750, where we can’t resist the urge to expect that somebody got cleared up in the energy of the room and wound up unfortunately overpaying for what was generally a pleasant illustration of a genuinely normal vintage watch.
A Rolex Daytona ref. 16520 sold for in excess of six figures this end of the week at the Daytona Ultimatum sell off – a watch that can consistently be found for under $75k elsewhere
On top of this precarious contribution, a similarly “standard” Daytona reference 16518 fitted with an only sometimes seen “VC&A” stepping on its dial and catch (a reference to it being retailed by Van Cleef & Arpels) additionally brought a silly CHF187,500. As a comparison point, a standard 16518 model in comparative condition is a sub-$20k watch, at any rate until further notice.
So the central issue is, how might this all affect you and your next Daytona? Indeed, even before the Daytona Ultimatum closeout we’ve been seeing costs of both current and vintage Daytonas crawling upward at a consistent speed. Since the time the dispatch of the ceramic Daytona 116500LN , there has been more interest for this watch than Rolex will at any point supply, implying that except if your supernatural Rolex store association can figure you out, there’s a premium over retail for these models as of now underway. Retailers (ourselves included) basically can’t keep the new model in stock, consequently their exchanging hands some place in the scope of $18k rather than their $12,400 retail cost.
The Daytona ref. 116500LN is perhaps the most well known Rolex deliveries to date.
Unless something changes drastically—something as sensational and silly as discovering that Daytonas cause malignancy or something—this is one of those business sectors where we don’t see the air pocket blasting any time soon. Appropriately, if there’s a Daytona you’ve been desiring that is inside your methods, you might need to take an action before it’s past the point of no return.