Interesting article (even if you are not into Daytonas)

calalum · Mon. 1:54pm

While anyone can write whatever they want on the Web, and I can't vouch for the author, this article seems researched and nuanced.

https://perezcope.com/2025/12/03/no...ty-of-the-rare-rolex-albino-daytona-ref-6263/

rootbeer7 · Mon. 2:24pm

Jose knows his stuff and can back it up with evidence.

mjb · 2025-12-13T07:25:08-0600

I've owned Daytonas, and they always get sold because I can't read the time. I had a similar legibility issue with the FOIS, unfortunately.

From the article, the math doesn't add up for me: "The ‘Albino’ sold for USD 952,500 incl. premium. The hammer price was USD 750,000.".

Aludic · 2025-12-13T08:00:06-0600

mjb
From the article, the math doesn't add up for me: "The ‘Albino’ sold for USD 952,500 incl. premium. The hammer price was USD 750,000.".

Why not? 27% premium over 750k USD hammer gets you there.

mjb · 2025-12-13T08:08:37-0600

Aludic
Why not? 27% premium over 750k USD hammer gets you there.

Because I can't do math. 😉

Isn't 27% a rather odd number? And rather high? I'm used to 10% auction fees.

Evitzee · 2025-12-13T15:56:29-0600

mjb
Because I can't do math. 😉

Isn't 27% a rather odd number? And rather high? I'm used to 10% auction fees.

26-27% is the current range for the buyer premium for most of the bigger Houses. But the seller's premium is a lot lower now than in the past, around 5% (including shipping, cataloguing, pictures and insurance), and if you have a very valuable watch they may take it at close to zero percent to the seller. The juice is made from the buyer's side now. That's the current business model for the auction scene today.

Selling at auction can be good for the seller if the watch is interesting, in good condition, and is wanted in the marketplace. The downside is the wait period between consignment and the settlement date (35 days after the auction closes). So there may be 4-6 months delay depending on when the watch is consigned. Not a big deal if you aren't starved for money.

mjb · 2025-12-14T09:52:52-0600

Evitzee
26-27% is the current range for the buyer premium for most of the bigger Houses.

Golly, and I thought eBay was bad!

I guess that's the way the world is going these days, but i just don't see how they can justify those percentages.

Mark020 · 2025-12-14T12:44:30-0600

mjb
I'm used to 10% auction fees

That was loooong ago