[kitchen415]

500k though? I don't see one diamond close to a carat...
Could you explain that price point to me?

 

[FL Guy]

Total it is 2281 Brilliants and 112 Baguette Brilliants tot 25,01 Carat

source: http://rolex.watchprosite.com/show-forumpost/fi-732/pi-2419591/ti-405051/s-0/

I have no idea how reliable the site/guy is but it sounds sorta right.

 

[kitchen415]

still don't get it though - the only thing that sticks out is that they only made 10 - but compare it to a piaget or an audemars with factory diamonds and it just doesn't make sense....

no complications, no tourbillon, just some ice and its a half million dollars?

Plus, even if we don't consider the 2281 "Brilliants", 112 Baguette Diamonds makes .22 carat diamonds - and literally that is ignoring the 2281 other tiny specks that it has on it. 112 .22 carat diamonds wouldn't come CLOSE to a hundred thousand, let alone 500,000....

I'm all about expensive things, but if I could take a regular rolex and slap on some aftermarket diamonds and save $350,000, seems like a rip-off.

Then again, I'm on the wrong end of this argument...more power to the man who can splurge with disregard for value...

 

[subLV]

500k though? I don't see one diamond close to a carat...
Could you explain that price point to me?

doesn't have to have 500k worth of "ice", rolex charges large premiums on their gold/diamond pieces. My mother's yg president with diamond dial and bezel doesn't have 25k of diamonds and gold over the steel variant.

 

[Aaron.C]

que le fvck

Nothing says new money like taking respectable watch and putting as many diamonds as you can fit on it........even if factory done.

 

[kitchen415]

doesn't have to have 500k worth of "ice", rolex charges large premiums on their gold/diamond pieces. My mother's yg president with diamond dial and bezel doesn't have 25k of diamonds and gold over the steel variant.

Ok - your mother's president has a mark-up because it is a diamond piece beyond the cost of the diamonds, I get that. All kinds of things have mark-ups when you make it a "limited edition" or a "special release."
I know it doesn't have to add up by melting down all the materials - i get that. A ferrari isn't the cost of the sum of its parts.

But here we have a fairly uncomplicated watch. And it is a rolex.
So say I'm willing to give you like $100,000 JUST because it is a rolex...then what, another $100,000 for the materials (highly doubtful)...still not even in the same ballpark.

If we were talking about a tourbillon with other complications, a minute repeater, a perpetual calendar, a name like patek... I can swallow it. Here, all I'm saying is, I can't.


But thats the last I'll say about it, GLWS.

 

[FL Guy]

I agree, don't know that I'd drop 500k on it . Granted I don't even have the choice to make as I couldn't if I wanted to. I think it looks pretty decent for blingy watch, as they typically aren't my favorite, but would probably rather have 5-100k watches than that.

 

[Aaron.C]

Exactly, I would rather corner the market in Double Red Seadwellers.

Could buy 6-7 of them for the same money, and I know what will be worth more if I ever had to liquidate (which unfortunately is almost inevitable for most people who drop $500k on a timepiece).

 

[Mantooth]

I think a lot of the value comes from it being a precious metal GMT-II. Rolex never produced a white gold, just SS, two-tone, and yellow gold in the GMT-II.

I still agree, way too much money for something so gaudy and useless. Hey, if you like it, can afford it, buy it. Who am I to stop you?

At this price point I would be buying a Patek Minute Repeater, but maybe that's just me.

 

[subLV]

they do make a white gold GMT. I don't have the catalogue with me, but look up the yellow gold with the diamonds (or whatever you call them) that form the pepsi bezel (blue and red) and right next to it you will see a white gold variant with other stones on it. They are about 80k list.

 

[Mantooth]

they do make a white gold GMT. I don't have the catalogue with me, but look up the yellow gold with the diamonds (or whatever you call them) that form the pepsi bezel (blue and red) and right next to it you will see a white gold variant with other stones on it. They are about 80k list.

Did not know that. Now, I agree, this is extremely expensive for what it is.:lol:

 

[matt-of-mi]

Factory Rolex is always more expensive. The cost to make something of that caliber with the watch included is probably near the $100k range. The markup is due to the collector value. Just like how a Rolex Masterpiece bezel will run you near $12k but cost about a 1/4 of that if made outside of Rolex.

and I have a Platinum Day-Date Masterpiece with more carat weight for 1/5th of the price...why? because Rolex didnt pay a old man to stand by a machine to set the stones