Has the 'John Mayer Daytona' Rolex watch been discontinued? Here's what to know (2023)

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Has the 'John Mayer Daytona' Rolex watch been discontinued? Here's what to know? ›

“After a 7-year production run and 3 years of speculation, the Rolex “John Mayer” Daytona has officially discontinued with no upgraded model,” according to Singapore Watch Insider, among the sites reporting that the model no longer will be made.

The Rolex Daytona John Mayer edition, a captivating timepiece that has captured the hearts of watch enthusiasts and music lovers alike, has officially been discontinued.

Rolex Daytona prices surge after a new version debuted at Watches and Wonders: the Swiss luxury timepiece brand discontinued the old model – now it's outperforming the secondary market and competitors.

“After a 7-year production run and 3 years of speculation, the Rolex “John Mayer” Daytona has officially discontinued with no upgraded model,” according to Singapore Watch Insider, among the sites reporting that the model no longer will be made.

Unicorns: The Ultra-Rare Rolex Daytonas 16516 In Platinum. Created in 1963 as a watch for whizzing around race cars at over 300 km/h, the Rolex Cosmograph Daytona represents a timeless icon within the world of watchmaking.

Impact of Discontinuation on Collectors

This increased demand leads to an increase in price, as the supply of these models becomes scarce. For example, the Rolex Submariner "Hulk" was discontinued in 2020, leading to an increase in its price in the secondary market.

Vintage Rolexes are almost a fail safe when it comes to investable Rolex watches. Due to the fact that many models are considered vintage and therefore discontinued, there is only a limited number of them available. This makes them more desirable to watch collectors and enthusiasts.

One of the biggest factors responsible for used Rolex watches costing more than their brand-new counterparts is the simple fact that most of Rolex's top models are entirely sold out at retailers. It might sound crazy, but you can't simply walk into a Rolex store and buy the watch you want.

What is the most faked Rolex model? ›

The most commonly faked watches include the Datejust, Submariner, Yacht-Master and the Oyster Perpetual – as well as the other famed series we will look at now: the Rolex Cosmograph Daytona.

In the vintage Rolex market, a well kept and rare Submariner or GMT reference is worth a tremendous amount compared to how much it was sold for at retail price. A worn in unserviced Datejust might not be as desired as a pristine vintage model from the same year in great condition.

The GMT Master and GMT Master II. Rolex GMT Master and Rolex GMT Master II are the best Rolex watches for investment. They are practical and hardwearing watches with the prestigious Rolex branding. You can get a GMT Master at a few thousand pounds, but rarer models can go for tens or hundreds of thousands.

It's estimated that Rolex produces between 20,000 and 40,000 Daytonas every year, and these numbers include literally every Daytona made, whether they are the stainless steel, gold, or platinum models.

The new steel Daytona 126500LN is a case study of evolution without revolution. It's the iPhone or 911 of the watch industry. While almost everything has changed, almost none of the evolutions are perceptible at first sight.

The Daytona 500 consists of the drivers completing 200 laps around the 2.5-mile circuit. Stages 1 and 2 are both 65 laps, with the Final Stage being 70. The race is expected to last a little more than three and a half hours.

The timepiece retails at around US$97,000, but on the pre-owned market, the watch can range between US$450,000 to US$1 million, according to The Watch Box.

Pre Owned, Second Hand & Used Luxury Watches

Mayors is proud to present a collection of superb pre-owned watches and vintage timepieces from the finest Swiss brands in the world. We have iconic styles and timeless models for men and women from watch houses such as Breitling, TAG Heuer, and Rolex.

Back in the days, Tudor solely used off-the-shelf movements with Rolex parts. This gave the Tudor watches the label “poor man's Rolex”.

What makes the Rolex Daytona so hard to find? The combination of low production numbers of past and present models, the Daytona's high complications, and the watch's unique features, especially in vintage models, make it difficult to obtain.

How many Rolex Daytona are there? ›

The standouts are the platinum with a display caseback and the new stainless steel, but Rolex now has more than 30 models in the Daytona line.

Discontinued Watches. Traditionally, after watch models are removed from the catalog, luxury watches that have been discontinued, notably Rolex, typically increase in value significantly overnight, from 20-50%.

The materials that make a Rolex, like Oystersteel and crystal, are designed for longevity, but a pre-owned watch's condition is a key factor in its value. An unused watch will generally sell for more than a used watch, and visible wear-and-tear will certainly take some value off your watch.

Rolex, like many watchmakers, reach a point in their production where they must inevitably remove a selection of watches from their roster. Rolex discontinues watches to create space for newer watches, updated models of the discontinued watches, and in some cases, simply discontinued for good.

So, the Rolex Daytona waitlist 2023 is likely to be at least 5 years if you're able to buy a Rolex Daytona. We've seen Covid pass through, World Cups end and start, markets rise and fall almost simultaneously and all within the time it takes to get your hands on a Rolex Daytona. It rests within good reason.

On average between all the collections, Rolex raised their prices in 2023 by 3.45% or $733 per reference. Two tone and sold gold references experienced the largest price increases while stainless steel references saw a slight increase.

By their very definition, discontinued watches are no longer available through their respective retailers, meaning that the only place you will be able to obtain one is on the open market. Real-world retail availability for certain brands can be an entirely separate issue.

There's nothing wrong with purchasing a pre-owned or vintage Rolex watch, as these timepieces will survive for decades.

Generally speaking, vintage Rolex watches are at least 30 years old. Therefore, at a minimum, the timepiece has to be made in 1992 or before to be considered a vintage Rolex watch. Many vintage Rolex watches will have common design traits that you can look out for.

In the early 1970s, the 18kt Rolex Submariner was introduced and could be purchased for $230, or $1,422 when adjusted for inflation. The stainless steel Submariner with a date had a price of $385, or $2,080 with inflation.

What is the most recognizable Rolex model? ›

1953: The Submariner

Whether vintage or brand new, mint or beat to hell, the Sub is arguably the most recognizable and desirable watch of all time. The Rolex Oyster Perpetual was the basis for the Submariner, offering waterproofness and automatic winding.

Genuine Rolex bands do sometimes have diamonds, but they are also authentic diamonds. Some people who sell fake diamond Rolex watches might also use fake diamonds in the body or band. Of course, identifying the authenticity of a diamond can be just as easily as identifying genuine Rolex links on a band.

Any Air-King, Datejust, or Explorer on our list are fantastic choices if you're looking for a cheap Rolex watch. Still, a popular opinion among many Rolex enthusiasts is that the Air-King is the best affordable Rolex.

An official Rolex remains an incredible timepiece and will still appeal to buyers without the papers. As such, you can sell a Rolex without the guarantee card. While the absence of a guarantee card will likely reduce the watch's value, the impact might be more negligible than you think.

Clearly, divergent supply and demand is what's driving the scarcity of Rolexes available for purchase. Demand is astronomically high, and even a supply of one million new watches per year can't meet it. It comes down to a numbers game, and there's no sign that this will be changing any time soon.

Age can either benefit the value of the watch or hurt it. Certain vintage Rolex models are highly desirable and others are difficult to sell. For example, Rolex Submariners, GMT's and Daytona's from the 1950's, 60's, and 70's are some of the most highly sought after watches in the world.

The Rolex Sky-Dweller 326934 is definitely the top amongst the Rolex models that are the hardest to get. Of them all, the Sky-Dweller 326934 with blue dial is the most difficult to acquire. One of the reasons why this watch is so difficult to acquire partially has to do with the complexity of producing the movement.

Rolex Pearlmaster collection: $87,000 (2021)

The Rolex Pearlmaster tops our list of the most expensive Rolexes that you can buy today. The watch first retailed for $87,000, but its price might vary depending on the market price for diamonds at the time of your purchase.

Is a Rolex a Good Investment? Rolex watches can potentially be a good investment. Most watches are seen as a bad investment as they quickly lose value through years of use. Rolex watches, on the other hand, are known to hold or even increase their value over time.

Market demand plays a major role in the valuation of any timepiece. As the most popular luxury watch brand in the world, there is always a steady demand for Rolex watches. The rarer models, such as the Daytona and Submariner, can fetch high prices even when the overall market is declining.

How rare are daytonas? ›

The Rolex Daytona Is Rare With Limited Production Runs

The Rolex Daytona is such a hard watch to find because it has relatively limited production runs. At first, this watch wasn't popular at all, so production numbers were naturally low.

World's Most Famous Beach

Located on the east coast of Central Florida, Daytona Beach is internationally known for its racing roots, hosting some of the largest motorsports events in the world including the Daytona 500, also known as the "Great American Race."

In 2016, Triumph ceased production of the base model Daytona 675 citing diminishing demand for super sport bikes and increasingly strict European emission standards.

Discontinued Cellini

Not much of a surprise here, but Rolex has bid farewell to the Cellini collection in 2023. The last remaining model of the Cellini collection was the Moonpase ref. 50535, which has now been discontinued in 2023.

Rolex Daytona Platinum 116506 NEW 2023 for $128,006 for sale from a Trusted Seller on Chrono24.

Justin Divaris - CEO - Daytona (Pty) Ltd | LinkedIn.

The event serves as the final event of Speedweeks and is sometimes referred to as "The Great American Race" or the "Super Bowl of Stock Car Racing". All 62 Daytona 500s since the first race in 1959 have been held in February.

A 500-mile (805 km) stock car race was held at Daytona International Speedway in 1959. It was the second 500-mile NASCAR race, following the annual Southern 500, and has been held every year since. By 1961, it began to be referred to as the Daytona 500, by which it is still commonly known.

Rolex Cosmograph Daytona 40mm Champagne Index 2023 DISCONTINUED – 116503.

Finally, after a 7-year production run and 3 years of speculation, the Rolex “John Mayer” Daytona has officially discontinued with no upgraded model; the 116508 Green Dial and 116509 Blue Dial.

When was the 116520 discontinued? ›

However, ever since the reference 116520 was discontinued in 2016, there has not been a Rolex Daytona with a stainless steel bezel.

116523, Rolex replaced it with the new Daytona ref. 116503. The new two-tone Daytona is almost identical in appearance to the previous one except for a redesigned bezel. The bezel now includes fatter fonts and triangular markings instead of circular ones.

Simply put some buyers much prefer the 116500 black dial compare to the 116520 black, especially as it combines with the ceramic bezel. Other more subtle differences: SWISS MADE has a longer signature on the 116500; the spacing of the 5 lines is slightly different; and the hash marks between 5 and 7 PM are different.

What makes the Rolex Daytona so hard to find? The combination of low production numbers of past and present models, the Daytona's high complications, and the watch's unique features, especially in vintage models, make it difficult to obtain.

Dealers buy up any Audemars Piguet Royal Oak references he wears. A single sighting on Mayer's wrist will shoot up the value of an underloved Rolex Daytona model.

John Player Special. A Daytona ref. 6264 or 6241 in solid gold with a black exotic dial, nicknamed after John Player & Sons, a UK-based tobacco company and Formula 1 sponsor. The association stems from the firm's cigarette boxes, which were black with gold lettering.

Extremely hard to find and very much in demand, this Daytona Cosmograph in yellow gold with an emerald green dial is still stickered and under Rolex International Warranty until 2023.

Demand & Supply. Demand and supply is ultimately the main reason for sky-rocketing Rolex prices. Although Rolex produces a lot of watches each year—around 800,000—demand is still too much, which is why you will find yourself on a waiting list if you ask for one at a local AD.

The Rolex Cosmograph Daytona is a mechanical chronograph wristwatch designed to meet the needs of racing drivers by measuring elapsed time and calculating average speed. Its name refers to Daytona, Florida, where racing flourished in the early 20th century.

It's estimated that Rolex produces between 20,000 and 40,000 Daytonas every year, and these numbers include literally every Daytona made, whether they are the stainless steel, gold, or platinum models.

What model is 116500LN? ›

The Rolex Daytona 116500LN was the first Daytona to have a black Cerachrom ceramic bezel. The sporty, yet elegant watch is a fantastic choice for Daytona fans who are looking for a more modern take on the legendary chronograph.

During the years 1988 to 2000, Rolex Daytona watches were outfitted with a reliable movement from Zenith, and represent the time period where the Rolex Daytona really began its cult status, due to limited production, accuracy, reliability and supply.