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Rolex Yacht-Master Rose Gold

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Rolex Yacht-Master 126655 18k Everose Gold

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Rolex Yacht-Master 126655 18k Everose Gold on Oysterflex Strap

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Rolex Yacht-Master 116655 Black Oysterflex Band

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OYSTER PERPETUAL YACHT-MASTER 42

yacht master rose gold 42

MASTERING LIGHTNESS

Light and robust, the new Yacht-Master 42, in RLX titanium, is the ally of those who revel in freedom. Especially suited to the demands and pressures of competitive sailing, it delivers exceptional performance.

Rolex is presenting a new version of the Oyster Perpetual Yacht-Master 42. This nautical watch is introduced for the first time in RLX titanium – a particularly strong but lightweight alloy – and is fitted on an Oyster bracelet. The new version stands out for its technical satin finish – a satin finish with a visible grain, a feature of Rolex watches in RLX titanium – which extends to the middle case sides, the edges of the bracelet links and the sides of the clasp cover. The chamfered top edges of the middle case lugs have a high-sheen finish, while the crown guard is polished. With its bidirectional rotatable bezel fitted with a Cerachrom insert in matt black ceramic featuring raised and polished numerals and graduations, the Yacht-Master 42 in RLX titanium remains faithful to the aesthetics of the original model, unveiled in 2019. It is graced with an intense black dial in a fine satin finish, and its Oyster bracelet is equipped with the Easylink comfort extension link. The new version of the Yacht-Master 42 is equipped with calibre 3235, a movement at the forefront of watchmaking technology, enabling it to display the date as well as the hours, minutes and seconds. Like all Rolex watches, the Oyster Perpetual Yacht-Master 42 carries the Superlative Chronometer certification, which ensures excellent performance on the wrist.

yacht master rose gold 42

THE CALL OF THE OPEN SEAS Launched in 1992, the Yacht-Master was designed specifically for navigators and skippers. Embodying the rich heritage that has bound Rolex and the world of sailing since the 1950s, this Professional-category watch provides a perfect blend of functionality and nautical style, making it equally at home on and off the water. An emblematic nautical timepiece, it is easily recognized by its bidirectional rotatable 60-minute graduated bezel made entirely from precious metal or fitted with a Cerachrom insert in high-technology ceramic.

Oyster Perpetual Yacht-Master 42 — ©Rolex/JVA Studios

RLX TITANIUM  RLX titanium is a grade 5 titanium alloy specially selected by Rolex. Like all titanium alloys, it is especially lightweight and is noted for its mechanical strength and corrosion resistance. Another characteristic of RLX titanium is the possibility of working it to give a polished or satin finish according to the brand’s specifications. Its high mechanical strength makes it complex to work with, and the decision to use it has required the introduction of special production processes.

Oyster Perpetual Yacht-Master 42 — ©Rolex/Ulysse Frechelin

HIGH-TECHNOLOGY CERAMIC Rolex played a pioneering role in the development of special ceramics for creating monobloc bezels and bezel inserts. Not only are these materials virtually scratchproof, their colours are also of a rare intensity and are resistant to environmental effects. In addition, thanks to its chemical composition, the high-tech ceramic is inert and cannot corrode. Rolex has developed exclusive expertise and innovative manufacturing methods that grant it complete independence in the production of these ceramic components. On the new version of the Yacht-Master 42, the bidirectional rotatable bezel is fitted with a 60-minute graduated Cerachrom insert in matt black ceramic. Its raised graduations and numerals are first moulded into the ceramic and then polished. The first 15 minutes are graduated minute-by-minute to allow time intervals to be read with great precision. The bezel can also be turned with ease thanks to its knurled edge, which offers excellent grip.

Oyster Perpetual Yacht-Master 42 — ©Rolex/Ulysse Frechelin

OYSTER CASE, SYMBOL OF WATERPROOFNESS  A paragon of robustness and reliability, the 42 mm Oyster case of the new Yacht-Master 42 is guaranteed waterproof to a depth of 100 metres (330 feet). The middle case is crafted from a solid block of RLX titanium. Its case back, edged with fine fluting, is hermetically screwed down with a special tool that allows only Rolex watchmakers to access the movement. The Triplock winding crown, fitted with a triple waterproofness system and protected by an integral crown guard, screws down securely against the case. The crystal, which features a Cyclops lens at 3 o’clock for easy reading of the date, is made of virtually scratchproof sapphire and benefits from an anti-reflective coating. The waterproof Oyster case provides optimal protection for the movement it houses. 

Oyster Perpetual Yacht-Master 42 — ©Rolex/Ulysse Frechelin

PERPETUAL CALIBRE 3235  The new version of the Yacht-Master 42 is equipped with calibre 3235, a movement entirely developed and manufactured by Rolex that was released in 2015 and has been fitted on this model since its launch in 2019. A distillation of technology, this self-winding mechanical movement delivers outstanding performance in terms of precision, power reserve, convenience and reliability.   Calibre 3235 incorporates the patented Chronergy escapement, which combines high energy efficiency with great dependability. Made of nickel-phosphorus, this escapement is resistant to strong magnetic fields. The movement is fitted with a blue Parachrom hairspring, manufactured by Rolex in a paramagnetic alloy. The hairspring offers great stability in the face of temperature variations as well as high resistance to shocks. It is equipped with a Rolex overcoil, ensuring the calibre’s regularity in any position. The oscillator is mounted on the Rolex-designed, patented high-performance Paraflex shock absorbers, increasing the movement’s shock resistance. The oscillating weight is now fitted with an optimized ball bearing. Calibre 3235 is equipped with a self-winding system via a Perpetual rotor. Thanks to its barrel architecture and the escapement’s superior efficiency, the power reserve of calibre 3235 extends to approximately 70 hours. 

OYSTER BRACELET AND OYSTERLOCK SAFETY CLASP  The new version of the Yacht-Master 42, made from RLX titanium, is fitted on an Oyster bracelet. Developed at the end of the 1930s, this three-piece link bracelet remains the most universal in the Oyster Perpetual collection and is known for its robustness. The Oyster bracelet of this new version of the Yacht-Master 42 features the Oysterlock folding safety clasp, which prevents accidental opening. It is also equipped with the Easylink comfort extension link, developed by Rolex, which allows the wearer to easily adjust the bracelet length by approximately 5 mm. The Oyster bracelet in RLX titanium also includes patented ceramic inserts – designed by the brand – inside the links to enhance its flexibility on the wrist and its longevity.

Oyster Perpetual Yacht-Master 42 — ©Rolex/Ulysse Frechelin

SUPERLATIVE CHRONOMETER CERTIFICATION Like all Rolex watches, the Oyster Perpetual Yacht-Master 42 is covered by the Superlative Chronometer certification redefined by Rolex in 2015. This designation testifies that every watch leaving the brand’s workshops has successfully undergone a series of tests conducted by Rolex in its own laboratories according to its own criteria, following the official certification of the movements by the Swiss Official Chronometer Testing Institute (COSC). The in-house certification tests apply to the fully assembled watch, after casing the movement, guaranteeing superlative performance on the wrist in terms of precision, power reserve, waterproofness and self-winding. The precision of a Rolex Superlative Chronometer is of the order of −2 /+2 seconds per day – the rate deviation tolerated by the brand for a finished watch is significantly smaller than that accepted by COSC for official certification of the movement alone. The Superlative Chronometer status is symbolized by the green seal that comes with every Rolex watch and is coupled with an international five-year guarantee.

Oyster Perpetual Yacht-Master II, 42mm, RLX titanium

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Could The Rolex Yacht-Master 42 Yellow Gold 226658 Be the Best of the Collection?

The luxurious high-end nautical spirit of the 42mm yacht-master shines through in solid yellow gold and sleek black matte touches..

Rolex Yacht-Master 42 Yellow Gold 226658

Any Rolex fan worth his or her salt knows that the Submariner is the champion of the dive watch category , a lifelong companion for underwater adventures and your go-to model if you want to hint at a sporty, active lifestyle. However, what if you are looking for a Rolex that can handle more than a splash but hint at the luxury sailing yacht you’ve got docked in the marina? In this case, the Yacht-Master has got you covered, a tooled-down and dressed-up nautical sports watch that has finally detached itself from the sporty Submariner. Marking a first for the 42mm edition of the Yacht-Master, the latest reference introduced at Watches and Wonders 2022 now comes in a yellow gold case. Combined with the black Oysterflex bracelet and the sleek black ceramic insert on the bezel, the elegant Yacht-Master 42 reference 226658 is more in line with the high-end nautical spirit of the collection.

A “Class A” Yacht

Since Hans Wilsdorf introduced the Oyster in 1926, Rolex and waterproof watches have been synonymous. From the iconic Submariner  to professional deep-sea divers like the  Sea-Dweller , the sea and all things maritime are a natural habitat for Rolex’s robust tool watches. Rolex also enjoys a long-standing relationship with the world of sailing and has partnered with select yacht clubs around the world since the early 1950s. As the sponsor of prestigious regattas like the exciting Rolex Fastnet Race, the Crown even developed a watch, the Yacht-Master II, with a specific regatta countdown function for competitive sailors.

Rolex yacht-Master 16628 Yellow Gold 1992

The introduction of the Yacht-Master in 1992 surprised and then failed to engage Rolex fans. It certainly looked like a Submariner, but it had been tooled down and dressed up in a solid gold case, characteristics that seemed at odds with the professional dive watch vocation of the Submariner. Although the similarities with the Submariner were evident, the water-resistance of the Yacht-Master was reduced from 300 to 100 metres and the luminous dot was removed from the bezel.

Rolex Yacht-Master 42 White Gold 226659

Without the useful regatta countdown function of the Yacht-Master II and its lower water-resistance, the Yacht-Master was positioned as a luxurious nautical watch – and the lifestyle associated with high-end nautical sports – designed to catch the eye of yacht owners, not deckhands or divers.

what’s in a name?

Obviously, the name chosen for the Yacht-Master wasn’t a random choice – nothing is random at Rolex – and clearly speaks to the potential profile of a yacht owner, not a deckhand.

Rolex Yacht-Master 42 Yellow Gold 226658

Over the years the Yacht-Master has appeared in a mid-size 35mm men’s version and even a 29mm ladies’ model (1994). Today it exists in three sizes: 42, 40 and 37mm. However, it wasn’t until 1999 that the Yacht-Master really got the wind in its sails with a more contemporary monochrome colour scheme provided by a steel case and platinum Rolesium bezel (ref. 16622) and Oyster bracelet. Then in 2015, the Everose (ref.116655) introduced two major aesthetic updates: the bezel featuring a black ceramic insert and an unexpected black rubber Oysterflex strap introduced on board the Yacht-Master and now used on the Sky-Dweller and Cosmograph Daytona.

Rolex Yacht-Master 42 Yellow Gold 226658

The contemporary black rubber strap and the matte ceramic insert were a winning move and clearly demarcated the Yacht-Master as a separate collection. Overnight, the 2015 Yacht-Master looked radically different from its full-metal counterparts, imparting a sleeker, more stylish and more modern vibe. In 2019, the standard 40mm case size for men was joined by a larger 42mm case in white gold , a diameter that differentiated it one step more from the 41mm Submariner Date. The handsome black-tie combination of white gold and matte black Yacht-Master worked well but we think that the latest mix of yellow gold and matte black details works even better.

The reason is simple: white gold can be confused with stainless steel and although the crisp contrast of the white and black is handsome, the yellow gold case broadcasts ‘luxury nautical watch’ with even more conviction.

Rolex Yacht-Master 42 Yellow Gold 226658

Yellow gold case

Sharing the same specifications as the white gold model, the latest ref. 226658 differs in just one aspect: its solid 18k yellow gold case. Crafted from a solid block of 18k gold, the middle case is polished and the overall impression is one of elegance. Despite being the largest Yacht-Master, its tapered lugs and relatively slim height mean the watch sits broad and flat on the wrist and works well on smaller wrists (photographed here on Brice’s 16.5mm wrist).

Rolex Yacht-Master 42 Yellow Gold 226658

The hallmark bidirectional rotating bezel has a matte black Cerachrom insert with raised and mirror-polished graduations and numerals. Cerachrom, a proprietary material developed and patented by Rolex, is a hard ceramic material that is virtually scratch-proof, corrosion-resistant and impervious to ultraviolet rays meaning it won’t fade over time. The ceramic is sandblasted to give it an attractive grainy texture and a more technical, contemporary finish.

Rolex Yacht-Master 42 Yellow Gold 226658

The knurled yellow gold edge means the bezel has a good grip, and the hermetically screwed-down caseback with its fine fluting ensures that only Rolex watchmakers can access the movement. Like all Yacht-Masters, the case is endowed with a Triplock winding crown and the dial protected by a sapphire crystal with a Cyclops lens at 3 o’clock to consult the date.

Rolex Yacht-Master 42 Yellow Gold 226658

The black lacquered dial, which reinforces the slick aesthetics of this Rolex Yacht-Master 42, features applied yellow gold hour markers (triangular, round and rectangular) that are treated with Rolex’s own luminescent material known as Chromalight that emits a long-lasting blue glow in the dark. The hallmark Mercedes hour hand, the minute and the central seconds hand with its round counterweight are also crafted in gold with the same luminescent treatment as the hour markers.

Rolex Yacht-Master 42 Yellow Gold 226658

Calibre 3235

First introduced in 2015 to replace the long-serving calibre 3135, calibre 3235 is now Rolex’s flagship date-function movement and is protected by no fewer than 14 patents. The most significant innovation is the new Chronergy escapement. Made from anti-magnetic nickel-phosphorous, about half of the robust 70-hour power reserve can be attributed to the newly designed escapement. A Parachrom hairspring fitted on Paraflex shock absorbers, also insensitive to magnetic fields and temperature variations, offers ten times more precision than a traditional hairspring in case of shocks. Calibre 3235 was the first movement to receive Rolex’s own certification as a Superlative Chronometer with a tolerance of just -2/+2 seconds a day (more stringent than COSC).

Rolex Yacht-Master 42 Yellow Gold 226658

ThE Great Oysterflex Bracelet

The matte black elastomer strap that has become a distinctive feature of the Yacht-Master replicates the robustness and reliability of a metal bracelet with its hidden infrastructure of flexible and curved metal blades. It is, in our opinion, one of the most comfortable straps on the market today. The Oysterlock folding clasp in 18k yellow gold is fitted with a Glidelock extension system allowing for adjustments of 15mm without tools.

Some identities take longer to forge than others and Rolex is not exactly known for overnight makeovers. After thirty years, the Yacht-Master has finally consolidated its identity and is practically impossible to confuse with a Submariner today. Without a doubt, the black bezel and Oysterflex models create a slicker, smoother and more sophisticated character than the opulent two-tone Oystersteel and Everose gold . And although many will be attracted to the understated black-tie appeal of the white gold ref. 226659, the more dynamic combination of yellow gold and black captures the luxurious nautical spirit of the Yacht-Master perfectly. While I doubt that Rolex is a slave to fashion trends, the rise of yellow gold is undeniable along with the return of the hedonistic fashion and style that ruled the 1980s and 1990s. However, combined with the sandblasted black matte ceramic and the rubber bracelet, the potential for bling is contained and this 226658 conveys a sexy, contemporary attitude.

Availability & Price

The Rolex Yacht-Master 42 reference 226658 in yellow gold retails for  EUR 26,700 . Availability is, as always with the brand, limited. More information at Rolex.com .

Technical specifications – Rolex Yacht-Master 42 Yellow Gold 226658

5 responses.

Thanks for the great in depth article. When it was first released in 2015 I loved it and if I had the funds back then would have bought it. There was a wait list of about 6-12 months which I put my name down and was offered one but still just couldn’t justify the expenditure. It’s still my favourite sports Rolex. I agree with you that if your spending that much the yellow or rose gold version is my preference and prefer 40mm size but to be fair haven’t tried on the 42mm. However It wouldn’t be my daily wear as it’s a bit bold but not as bling as other gold Rolexes due to the matt bezel and rubber strap. Now if only they released a steel version 🙂 but that would be more impossible to get on a wait list. Regards alternatives as all gold Yatchmasters are not obtainable from your AD. These are available and arguably much better made. First the Blancpain Bathyscape at 43mm a tad larger and thicker though. Then there is the superb Glashautte Original SeaQ. I have admired them for sometime but hesitated between the 39.5mm with the not great 40 hr power reserve and a solid back or the larger 43.2 mm which has an exhibition case back and 100 hour power reserve but quite thick. One day a preowned steel 39.5 mm SeaQ became available for a great savings. It took me 5 mins to pull the trigger. I currently own and have owned a lot of sports dive/skin watches and this is my favourite daily wear for som time now. The 39.5 x 12.15 thickness is perfect on my wrist and the finish is just superb. The power reserve is no big deal as it’s worn continuously. PS they have just released a 39.5 mm rose gold version with an exhibition case back. Glashutte also offer excellent strap options.

When I bought a Yacht-Master (40 mm, with a platinum white dial) around 2009, I was still trying out the Daytona and Submariner with a green bezel. Finally, the choice fell on a watch with platinum. Those were beautiful times!

I really like the look, but I can’t mentally justify the increased price over other rolex watches, like the 126622 at $12k. Over $14k more for a more expensive gold case, but cheaper rubber strap and ceramic bezel?

I think people should stop reviewing Rolex watches since these are available for public anymore.

My grandpa would like it.

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Matte black bezel. need i say more.

yacht master rose gold 42

From a distance, you'd be forgiven for not even realizing that this watch is a new introduction to Rolex's collection. I mean, it looks so much like something that could have been in the catalog for decades, but it's actually as fresh as it gets. This is the first 42mm time-and-date Yacht-Master, offering a larger option for those who still find 40mm too conservative, and it comes with a sleek combination of a black dial and an unbelievable bezel made of white gold with a matte black Cerachrom insert. The markings on that insert are raised and polished and the result is totally stunning. Inside is the caliber 3235, which is Rolex's most state-of-the-art, time-and-date movement. It uses the Chronergy high-efficiency escapement and is regulated to a crazy +2/-2 seconds per day. If you liked the Everose gold Yacht-Master introduced back in 2015 but wanted something bigger and sleeker (and somehow even more reliable), your prayers have been answered.

yacht master rose gold 42

The Yacht-Master line can be a bit confusing, even for people who know their Rolex references backwards and forwards. First off, like with the Explorer, there's a standard Yacht-Master (which is what you're looking at here) and a Yacht-Master II (which is 44mm and has a regatta timer complication). As far as the simpler time-and-date models go, there are now three sizes: 37mm, 40mm, and 42mm. There are a mix of metal configurations, including steel and platinum, steel and Everose gold, all Everose gold, and now all white gold. And don't even get me started on the various incarnations of the Oyster bracelet and Oysterflex bracelet that you can choose from.

yacht master rose gold 42

For me, the new Yacht-Master 42, despite adding a bunch of new options to the mix, is the purest expression of the model yet. The white gold case is luxe and hefty while still giving off the appearance of being a hearty tool watch, the matte black bezel is straight-up mean looking, and the Oysterflex bracelet is practical and casual. This is a watch for someone who wants to look low-key but likes things just so. And I can squarely get behind that.

yacht master rose gold 42

Brand: Rolex Model: Yacht-Master 42 Reference Number: 226659

Diameter: 42mm Case Material: 18k white gold Dial Color: Black Indexes: Applied white gold and Chromalight Lume: Chromalight on hands and hour markers Water Resistance: 100 meters Strap/Bracelet: Oysterflex bracelet with white gold Oysterlock clasp

yacht master rose gold 42

Caliber: 3235 Functions: Hours, minutes, seconds, date Diameter: 28.5mm Power Reserve: 70 hours Winding: Automatic Frequency: 4 Hz (28,800 vph) Jewels: 31 COSC Chronometer Certified Additional Details: Regulated to +2/-2 seconds per day, utilizes Chronergy escapement

Price: $27,800 Availability: Later this year

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Discover all you need to know about buying, selling and chartering a yacht with Bitcoin through BitPay

Crypto is fast becoming a viable payment option for many. From real estate to luxury holidays, a multitude of purchases are possible with popular cryptocurrencies such as Bitcoin.

YACHTZOO is the latest yacht brokerage to recognise the value of offering less traditional payment options for our clients and have chosen to partner with BitPay , the world’s largest crypto and Bitcoin services provider. YACHTZOO’s partnership with BitPay promises clients reduced fees, as well as increased payment transparency and efficiency.

Here, YACHTZOO has created a complete guide to chartering, selling or buying a yacht with Bitcoin using Bitpay. 

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If you are looking to sell, buy or charter a yacht with Bitcoin , contact one of our knowledgeable brokers today.

A guide to selling, chartering, or buying a yacht with Bitcoin through BitPay

What is bitpay.

BitPay was created to revolutionise the financial industry, creating a faster, more secure, open-sourced wallet for sending, receiving and storing bitcoin. It is now the largest bitcoin and cryptocurrency payment services provider, offering seamless transactions across six different continents.

How does BitPay work?

BitPay offers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, allowing users to transform their digital assets into one of eight major currencies. This will enable customers to sell, buy or charter yachts with Bitcoin and other cryptocurrencies at a locked-in exchange rate during their checkout process, which will then be converted into fiat currency whilst protecting the user from volatility risks.

What coins does BitPay support?

BitPay supports leading cryptocurrencies including Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH) and Litecoin (LTC), to name just a few. The platform also supports more than 90 different crypto wallets and exchanges, including BitPay, Coinbase, Exodus Wallet, Ledger Wallet, Trust Wallet, Electrum Wallet, Blockchain Wallet and more.

What is a BitPay wallet?

BitPay offers its own wallet with which users can manage their bitcoin finances in one secure and open-source place. A BitPay wallet is a much safer means for storing assets as it reduces the risk of hacking and provides users with complete control of their finances. The BitPay wallet also enables users to buy and sell Bitcoin directly from within the wallet.

What are the benefits of BitPay?

YACHTZOO’s partnership with BitPay offers a host of benefits when it comes to selling, buying or chartering yachts with cryptocurrencies like Bitcoin. Firstly, unlike the high cost of credit cards that charge a 3% transaction fee, Bitpay allows businesses to receive direct bank deposits in any currency for a flat rate of 1%.

When our clients sell, buy or charter yachts with crypto through BitPay, they can be confident that their transactions are not only fast but are also safe from identity theft and chargeback fraud. Users are also not required to submit any sensitive information on the platform.

Short settlement times are another benefit of BitPay, often taking just seconds, whilst wire transfers can take up to five business days.

Finally, BitPay offers a more private transaction with the blockchain’s public ledger only recording a wallet’s address.

Can I buy, sell or charter a yacht with BitCoin?

YACHTZOO offers to all yacht Owners, yacht buyers and yacht charterers alike, the possibility to do their transactions with cryptocurrencies like Bitcoin through BitPay. Our luxury yachts for sale and for charter are some of the finest on the market, offering first-class amenities, sublime interiors and ultimate freedom to explore the most sought-after destinations worldwide.

With BitPay, our clients also benefit from the absence of transaction costs, reduced payment fees and borderless crypto payments. BitPay is available on any device, ensuring flexible payment options at any given time.

Can I list a yacht for sale or for charter using BitPay?

As part of our partnership with BitPay, YACHTZOO offers the opportunity to list your yacht for sale or charter and receive payment through BitPay. The crypto service gives yacht Owners the option not only to accept payment in one of eight currencies or bitcoin, but users can even choose a variety of those options. Once a transaction has been accepted, the payment cannot be changed once reported in the system. This process creates a highly efficient service and a smoother experience for our clients looking to list their yacht with YACHTZOO.

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How to buy a yacht (boat) with Bitcoin in 2023

buy yacht with btc

Interested to buy a yacht with Bitcoin? A lot of famous people do this, so why can’t you? It is absolutely possible to do so. In this article, we will take a look at the ups and downs of this process and explain how exactly these transactions take place. 

Buy a yacht with Bitcoin: Pros & cons

The advantages include:

  • Speed. Crypto transactions are instant, so you don’t need to wait days for your bank to process the payment. 
  • Safety. Fraud is next to impossible with crypto. 
  • Anonymity. If it’s something you need.
  • No need to withdraw crypto if you already have some. 

The disadvantages? Well, just a few:

  • If you are an entrepreneur it’s impossible to claim this purchase as a business expense as crypto transactions aren’t taken into consideration by the tax office
  • It’s not that easy to find vendors that accept crypto, but we will help you with this in our article. 

How to buy a yacht with Bitcoin

As we just said, the main challenge is to find a seller who is happy to take your Bitcoins instead of dollars or euros. Here BitcoinWide can help you a lot, as on our website we gather all businesses that accept crypto payments. And you can search for a needed business in 4 ways: 

  • Usual search bar
  • Search on the map
  • Search by category
  • Search by cryptocurrency

After you found a seller you like, follow the link to their website. Payment can be done as a direct transaction to a seller’s wallet or in another way that a seller prefers. 

A list of businesses where you can buy a yacht with Bitcoin

Here are sellers that definitely take Bitcoin as a payment method:

  • Ocean Independence
  • Sunshine Cruising Yachts
  • Camper & Nicholsons
  • SuperYachtsMonaco
  • Denison Yachting
  • TheYachtBreak
  • Oxyzen Yachting
  • 26NorthYachts

If you want to buy a boat with Bitcoin it is easy to do so as many merchants are willing to accept crypto these days. Hopefully, our website and this article in particular helped you to make the right choice. 

FAQ: How to buy a yacht with BTC

Yes, you can. There are numerous businesses that accept BTC nowadays, and yacht merchants are on this list as well. Check out our list of businesses that would happily accept your Bitcoin as a form of payment. 

Yes, it is possible. Boats can be sold for BTC (Bitcoin) , ETH (Ethereum) , USDT (Tether) , and other popular crypto coins. To find merchants who accept crypto as a form of payment, visit BitcoinWide as we have the biggest choice of sellers who take crypto. 

Denison Yachting , SuperYachtsMonaco , Camper & Nicholsons , and Sunshine Cruising Yachts accept crypto for all kinds of boats. You have a wide range of options, including superyachts, motor yachts, catamarans, trawlers, sailboats, and everything in between.

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How To Buy A Yacht With Bitcoin

tritonyacht

Presented by Denison Yacht Sales – All anyone talks about these days is Bitcoin. Or so, it seems. Bitcoin is hot right now, and we recognize the need for clients to purchase yachts using cryptocurrencies. Denison’s response? We made our worldwide yacht database searchable using Bitcoin value. Yup, we’re staying  ahead of the curve . Along with Tesla’s recent adoption.

Buy With Bitcoin Yachts

Bitcoin is a form of digital, unregulated currency traded anonymously, without banks or middlemen. Payments are made through a digital wallet on a computer or smartphone. Cryptocurrency can be purchased from Bitcoin exchanges or obtained from other Bitcoin users. You can spend bitcoin like any other money via a mouse click or a cellphone app.  Bitcoins  flow from your digital wallet into the account of a retailer, just as dollars might flow digitally from your bank account into a store without you ever holding the printed $100 bill in your hand.

Denison has been accepting Bitcoin  since 2014  and was the first company in the yachting industry to do so. Since then, we sold five yachts using cryptocurrency. And in  June 2018 , Denison’s first charter was booked using Bitcoin as payment. The ability to safely accept various currencies, including a digital currency like Bitcoin, and distribute these funds in U.S. dollars is a valuable service to Denison’s clients.

BitcoinValueSuperyachts 3

Bitcoin passed $20,000 for the first time in December, and it has tripled in value in three months. So while Tesla and BNY Mellon and Mastercard are only recently jumping on the cryptocurrency bandwagon, we’re going a step further by making our yacht database searchable and payable using Bitcoin. The Bitcoin price changes every hour according to its real-time value. Contact a Denison  yacht broker  to buy your next yacht using cryptocurrency.

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How to Charter a Yacht with Crypto

buy yacht with bitcoin

Denison was the first yacht brokerage firm to accept bitcoin as a form of payment and the first company with the ability to accept cryptocurrency payments without a limit.   Back in 2014, there became a need to pay for luxury goods using various cryptocurrencies. Fintech companies such as BitPay and Coinbase offered an easy way to make payments faster and more secure for individuals and businesses. And as a leader in the yachting industry, Denison announced the first yacht sale using cryptocurrency in 2016. Then in June 2018, Denison’s first Bitcoin-booked charter was made. This paved the way for making yachting more accessible. Fast forward seven years and Denison has completed more than five bitcoin transactions for yacht sales and yacht charter. Buying a yacht or chartering a yacht using cryptocurrency as payment makes sense because of low transactions fees, fast transfer, and privacy. The ability to safely accept various currencies, including cryptocurrency, and distribute these funds in U.S. dollars is a valuable service to Denison’s clients.

“We need to be present and available to all potential clients in all marketplaces, and if a client wants to pay with Bitcoin, we are positioned to handle the transaction,” said Bob Denison. By now, more companies have integrated technology, such as BitPay, to allow customers to pay for luxury goods or experiences. It’s not uncommon. But for those who are new to this, there might be a question of how? How do you charter a yacht using cryptocurrency? What’s the process?

Step One: Contact your charter broker

First thing’s first — if you’re excited about booking a luxury yacht charter in Europe or the Caribbean, contact your charter broker. Denison has an awesome charter team who’s excited to help guests book the best luxury experiences. Lewis Mabey and Eva Hiebert are two brokers who can get you started with charters around Europe, the Caribbean, and much more.  When you contact your charter broker, let them know that you want to pay for the experience using cryptocurrency. Denison accepts all cryptocurrencies (Bitcoin, Ether, Dogecoin, etc.) without a limit. 

Denison Crypto 1200x630

Step 2: Make a payment

After your charter broker helps you find the best yacht and destination for your experience, they’ll send you an invoice to make a payment. Denison uses BitPay to facilitate all crypto transactions.  BitPay is a safe and easy-to-use platform for crypto transactions. Your charter broker will send you an invoice, and you can choose to make a payment using one of your wallets. Your invoice will be sent at a locked-in exchange rate, and there will be a 1% transaction fee added to the invoice. After payment, BitPay converts the crypto for Denison and voila. You’re all set.

Step 3: Enjoy your yacht charter experience

Let the fun begin. After you pay for the yacht charter using crypto, it’s time to start packing. Before boarding, you’ll fill out a preference sheet that covers dietary restrictions, your favorite foods, beverage options, and special requests. The more precise you are, the easier it is for the crew to prepare for your charter. We also recommend letting the captain know which activities you want to do in advance to create an exciting itinerary.    Chartering a yacht in Europe may include island-hopping in Ionia, visiting a beach in Sardinia, or splashing into the cool waters off the coast of Ibiza. Your charter broker will work with you to create an itinerary, set a menu, and supply the yacht with must-haves.    If you’re chartering a yacht in the Caribbean, check out the top things to do during a BVI or Bahamas yacht charter. Swimming with pigs, snorkeling at shipwrecks, and drinking something called a Painkiller are what most days will look like in the Caribbean.   Don’t forget to tip your crew with cash, not in crypto.

Is it safe to pay with cryptocurrency?

One hundred percent. Many clients prefer the ease of use and privacy that paying with Bitcoin, or any other cryptocurrency, provides. The blockchain network makes payments untraceable, which is an advantage to those who want to keep their travel expenditures private.  On top of that, the 1% fee is minimal compared to wire transfers or credit card processing fees. Transfers can take as little as a few seconds to a couple of minutes to complete. No need to wait for bank approvals.

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236-Foot Superyacht Can Be Bought with Bitcoin

  • By Kim Kavin
  • January 20, 2022

CRN Azteca Superyacht

It has been just 12 years since Bitcoin was launched in 2009. The yachting industry started hearing serious buzz about the cryptocurrency in 2014, when Denison Yachting began accepting it. By 2018, Denison had closed two brokerage deals and a charter booking on a 120- to 130-foot motoryacht, all paid for in bitcoins, but overall, the industry’s adoption of bitcoin has remained slow, especially at superyacht levels.

Until now. In September, Camper & Nicholsons Interna tional announced that the owner of the 236-foot CRN Azteca is willing to accept bitcoin for the yacht, at an asking price of about $75 million. It’s believed that the 2010 build is the largest-ever yacht available for purchase with bitcoin.

CRN Azteca Superyacht

“The owner of Azteca owns a bank and is a very big bitcoin dealer,” says Camper & Nicholsons International sales broker Fernando Nicholson. “I approached the idea with another client, and he asked me if I was drinking some kind of weird alcohol. But with the owner of Azteca , I think he is trying to attract the attention of the new, rich, young guys. The IT industry understands bitcoin, and those guys might make an offer if you talk in their language.”

Azteca’s owner already has a team of bitcoin-savvy attorneys, and they’re advising Nicholson, who says accepting bitcoin is the owner’s prerogative.

“We have a boat to sell, and the client can accept any kind of thing,” Nicholson says. “He can accept 10,000 pigs or a painting.”

CRN Azteca Superyacht

The bitcoin option just might work. At the Monaco Yacht Show in September, Nicholson says, an American flew over specifically to see Azteca . “He was talking about bitcoin—he was talking about it a lot,” Nicholson says. “I think he’s in his 40s. It might happen, it might not, but I don’t believe it’s a fantasy.”  

Azteca : A Big-Deal Yacht

Azteca is a high-volume yacht, with a beam just over 44 feet and gross tonnage of 2,043. When it launched in 2010, it was the largest vessel that Italy’s CRN shipyard had ever constructed. The sun deck spans more than 3,500 square feet, and the beach club is nearly 1,200 square feet with an outdoor bar. Accommodations are for as many as 20 guests, with quarters for 25 crewmembers. 

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How Do I Buy a Boat With Cryptocurrency?

buy yacht with bitcoin

As technology advances, new ways of paying for luxury items like yachts continue to be created. While traditional methods are still ubiquitous, cryptocurrency is emerging as a reliable way to purchase these assets. Many people have started to see the potential of a blockchain system to speed up the entire sales process and brokers, sellers, and buyers alike have started to use it for any of their transactions.

If you’re one of these cryptocurrency investors, The Advantaged has a guide to help you understand what the process of using Bitcoin or altcoin to make purchases entails. Keep reading to learn how yacht sales with cryptocurrency work.

What is Cryptocurrency?

Before everything else, let’s first break down cryptocurrency. It’s a digital currency distinct from fiat money (traditional money). Instead of a central authority like a government controlling it, cryptocurrency is maintained, verified, and recorded by a decentralized network of computers called a blockchain.

Thanks to this, bitcoin users can exchange or accept cryptocurrency anywhere in the world through a digital wallet. In addition, everything is recorded in the blockchain, so there’s virtually no possibility of fraud.

Popular Currencies

Today, the most popular cryptocurrency is Bitcoin, which was the first cryptocurrency company. In recent years, many investors and enthusiasts have joined the Bitcoin bandwagon. Although its value has been dropping, ups and downs can be expected thanks to the volatile nature of crypto. There are currencies that are more stable, albeit less powerful than Bitcoin, known as altcoin. These include Ethereum, Tether, and the infamous Dogecoin.

Cryptocurrency’s New Role in Luxury Goods

Industries involving luxury goods and assets have always been forward-thinking, so it comes as no surprise that they’re among the first to adopt cryptocurrency. What can you purchase with crypto? Art, designer fashion, jewelry, cars, trips, and even real estate property are just some of the items that you can currently buy with Bitcoin and other crypto. And now, boats are included in the list.

Why a Luxury Yacht Investment is a Great Way to Capitalize on Your Crypto Gains

Why buy a luxury boat with your crypto gains? Like many other luxury items, a yacht is a great investment. It works much like a real estate property or a car, giving you the kind of experience and adventures that you and your family will remember. Exploring new horizons will create a positive effect on your lifestyle, not to mention the immense freedom it gives you.

When you buy a boat with Bitcoin or other cryptocurrencies, you can expect fast transactions, fewer fees, and the ability to buy from anywhere in the world. That’s the wonder of digital money.

How the Process Works: Buying Your Crypto Yacht

You’re now ready to make your crypto yacht transaction.

The 1st Stage – Dealing With a Cryptocurrency Broker

Transforming crypto into fiat currency.

Transferring crypto from one wallet to another wallet is different from transforming it into fiat currency. The latter will take a bit more effort and it’s very similar to exchanging two kinds of currencies at the airport.

First, you’ll want the services of a third-party broker. Through them, you can deposit your cryptocurrency and wait for a few days so they can convert it. Once it’s done, the broker will deposit the converted amount to your chosen bank account. You’ll have to pay transaction fees and taxes for this transfer, values that increase the more tokens you exchange.

The Know-Your-Customer Process

This step is often shortened as KYC and it’s the stage when banks and brokers verify the identity of their client or merchant. In cryptocurrency, it’s how each end-user can confirm the other party’s personal information. Before you can proceed with the conversion, you’ll want to familiarize yourself with the steps needed for this process.

What Companies ARE Accepting Bitcoin transactions?

Currently, several yacht manufacturers accept bitcoin as payment for a transaction. Denison Yachting is the biggest one today and the first to adopt this system. They have a wide selection of superyachts, catamarans, boats, cruisers, and many other watercraft that you can buy with Bitcoin. There are others like them, but you’ll want to make sure that they do accept Bitcoin before you commit. In this case, you’ll want the help of yacht brokers from The Advantaged.

The 2nd Stage – Working With a Yacht Broker and Law Firm

The yacht purchase process.

Here are the steps you’ll need to take in every standard yacht sale:

  • Sailing Yacht
  • Making an Offer: You’ll need to make a formal offer to the owner. It’s the broker who’ll present an industry-standard contract to the seller. You’ll typically pay an initial 10% of the offer into escrow, so make sure you’ve made a withdrawal from your digital wallet by this time.
  • Accepting the Offer: The seller will either accept, reject, or counter your initial offer. Don’t expect it to be closed immediately. This is where negotiation is essential and a broker can help make sure you get a fair price.
  • Getting a Survey: This step involves checking all the electrical, mechanical, and other systems of the water vessel. During this stage, you’ll get a better understanding of the yacht’s current state and the maintenance costs you can expect in the future.
  • Conducting a Sea Trial: The sea trial is exactly as it sounds: the step where you take the yacht out and see how it performs on the high seas. You’ll need to check if its engine is performing as promised, assess the noise levels, verify cruising and maximum speeds, and so on.
  • Finalizing the Acceptance: After the trial, the buyer will submit an acceptance letter. This is a conditional acceptance since the seller must address any deficiencies found during the survey and the trial before closing. In some cases, any issues that the seller cannot fix will result in deductions from the final sales price.

Tax Considerations

Before you proceed to closing, you’ll want to understand the additional taxes you need to pay during the purchase. While there is no federal tax imposed for yacht sales, there are taxes mandated by state or local governments. As your broker, we’ll help you learn about these so you can prepare ahead of time.

In Florida, all boat sales and deliveries are subject to 6% sales and use tax. The broker or dealer will collect this amount at the time of purchase. You’ll want to use the exchanged Bitcoin cash or other cryptocurrency as a source for payment.

Making the Final Purchase and Celebrating

The last stage is closing time, where you’ll sign the papers in the presence of your broker, legal representatives, and other relevant parties. At this stage, you’ll also finalize the transfer of the escrowed funds from your Bitcoin or altcoin cash.

There you have it. You’ve successfully purchased your yacht with cryptocurrency! Now it’s time to celebrate and board your new vessel for the maiden voyage!

Let The Advantaged Help With Your Purchase

The Advantaged is an established company in the marine industry, specializing in yacht charters, sales, and brokering in Miami, Florida. Our clients have trusted us for many years as their partner for all water vessel transactions thanks to our comprehensive services.

If you’re a buyer who’s looking to invest in a new yacht using Bitcoin transactions or other cryptocurrencies, we’re here to help! You can give us a call at 305-358-0745 or contact us online . Reach out to us today to begin your journey.

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buy yacht with bitcoin

After the crash: Is now the time to buy boats with bitcoin?

The superyacht world has been slow to engage with digital currencies to date but, as Izabella Kaminska discovers, early adopters may well be rewarded

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Bob Denison of Fort Lauderdale-based Denison Yachting first saw the potential of cryptocurrency when chartering a catamaran in the BVIs around five years ago. When it became time to split the trip’s costs with his friends, one of his party sent him a bitcoin transaction.

“It opened my eyes to there being certain advantages with crypto and that it would affect the way people interact with money and yachts,” he says.

Denison’s brokerage started accepting cryptocurrencies soon after. It was, he says, mainly a way to expand his pool of potential clients, many of whom had crypto wealth to spend. In a similar vein, he also moved to taking payments in other foreign currencies, such as euros. Since that time, he says he’s processed around 12 major transactions for either charters or sales in crypto – enough to have made it worthwhile in his eyes.

Being a first mover in crypto has brought promotional opportunities, too. “I seem somehow to have become one of the people that is interviewed for stuff like this,” he says. Denison doesn’t see himself as a cryptocurrency expert. “We’re kind of figuring it out and thinking creatively. For me, there’s something really cool there.  I don’t know what it is yet, but I think there is something there.”

He adds that there is still a lot more cynicism than excitement about crypto in the yachting industry.

The newfangled asset class certainly feels like it should be particularly suited to the lifestyles of those engaged with superyachts or boating. Cryptocurrencies float through the international financial system akin to some sort of stateless vessel, docking onshore only when users, often high-net-worth individuals, need access to the resources of nation-states.

One of the world’s best-known cryptocurrency promoters is MicroStrategy co-founder Michael Saylor, a yachting enthusiast who frequently conducts crypto-boosting interviews aboard one of his yachts or in front of nautically themed furniture. Finally, there are the supplementary protocols that try to “anchor” digital assets to sturdier onshore systems, from Anchor protocol and Tether to nautically themed platforms and marketplaces, such as OpenSea. The latter is one of the leading destinations for the trading of non-fungible tokens (NFTs) – the latest and most visually alluring incarnation of the cryptocurrency phenomenon.

In practice, the largely conservative superyacht industry has been much slower than others to adopt crypto-denominated payments or engage with NFT culture. The art world, for example, dived in far more readily following the success of digital artist Beeple’s NFT sale at a Christie’s auction in March 2021, at which he sold his digital collage, Everydays: The First 5000 Days , for $69 million (£56.6m).

Some of the reluctance in yachting may be down to disaster stories about the times crypto has already converged with the high seas. One of the best examples is that of the trio of cryptocurrency enthusiasts who decided to buy a former P&O cruiser for $9.5 million in October 2020. Their aim was to turn the vessel into a self-sustaining, libertarian, homesteading community, free of government intervention or regulation.

The intrepid trio even renamed the ship the MS Satoshi in honour of Satoshi Nakamoto, the pseudonymous founder of bitcoin. Their eventual hope was to fund and operate the community, which included plans for interconnected seapod residences off the coast of Panama, with cryptocurrencies or blockchain protocols. The results of the collective endeavour, however, proved largely calamitous.

Life aboard the ship didn’t work out quite how the trio expected. Commenting on what went wrong, the vessel’s captain told The Guardian in September 2021 that the owners had been naive about how shipping worked and that their abhorrence for following rules had largely proved to be their unmaking. The trio had significantly underestimated the costs of running and maintaining a seaworthy vessel of that size.

By February 2021 the libertarian pipe dream had come to a crashing end. Spiralling costs forced the owners to sell MS Satoshi for $12 million to a more experienced buyer. As The Guardian noted at the time, that sum may have been more than the bitcoin enthusiasts had paid for the vessel initially, but it’s unlikely to have compensated for the costs of operating the ship in the interim.

One of the ironies of the debacle was that it was the very thing that proponents claimed crypto and blockchain could solve – bureaucracy – that proved to be the venture’s undoing.

Since then the crypto industry has headed into an even bigger storm. In the last six months, the market has suffered one of the largest collapses in its 14-year history, falling from a value of $3 trillion at its peak in November 2021, to one currently worth no more than $1.1 trillion.

Those who had hoped that 2022 might be the year that yachting would finally embrace cryptocurrency have had to pare back expectations.

On paper, Zachary Mandelstein chose an inopportune moment to launch his crypto venture, Cloud Yachts. The NFT specialist, who is collaborating with yacht designers, brokers and online influencers, launched his offering in February 2022 at the Miami Yacht Show, a time when the buzz surrounding NFTs was starting to fizzle out. Just two months later, the wider cryptocurrency market was in a total state of collapse.

But Mandelstein, who hails from the branding and intellectual trademark world, says he knew a crash was coming and took precautions to limit his exposure to the volatile ethereum currency, which the vast majority of NFTs are linked to. “It was all too crazy,” he says. “The ethereum we had earned, we used to pay for development when it was worth something, which was great, so, by the time the crash came, we really didn’t have much ethereum left.”

Like many others dipping their toes in the sector, Mandelstein remains cautiously optimistic that this is far from the end of crypto.

Crypto experimentation in yachting can be divided into roughly three areas: payments for yachts using crypto, the creation of yacht-themed NFTs and the use of blockchain protocols more widely for tokenisation purposes. There are also endeavours amalgamating all three of these areas.

Mandelstein’s business, which he describes as the only Web3 company in the yachting industry, is, for example, collaborating with Denison. The venture is driven largely by Mandelstein’s passion for both yachting and crypto.

“I was trying to figure out what I could do with NFT technology and my love of boats and my intellectual property management background, and it just hit me like a thunderbolt in April 2020 that there was a massive supply of intellectual property from superyacht designers that was never used, because very few boats actually get built,” he says.

Cloud Yachts takes those designs and turns them into limited series of NFT-minted crypto assets for an aspirationally minded client base.

But the company doesn’t just deal in collectable NFTs. “I’m actually no different than any yacht brokerage in Florida with a licence to sell used yachts and to have yacht sales professionals hang their licence at my brokerage and sell under me,” says Mandelstein.

For now, the diversification has held his business in good stead because, by Mandelstein’s own admission, the market for NFTs has cooled. Real boats, by contrast, are still selling well. The whole arrangement reveals the degree to which NFTs are used as marketing tools to drive business to relatively established models.

According to Andrew Grant Super, whose company, Deer Hague, is dabbling with tokenised ownership in the sector, merely using the phrase “NFT” gets you on the front pages of yachting publications. “There’s a lot of hot air, not a lot of substance, and I’m being kind about that,” he says.

His perspective gels with the fact that many of those closely involved in the sector struggle to explain exactly what the new NFT technology can bring to yachting.

On one hand, enthusiasts argue that NFTs can give yacht builders and brokers the ability to bundle all related documents, designs and certificates of the boats being sold into a neat digital format as an added bonus for the buyers. “We’re providing them a new way to access their data,” says Mandelstein.

On the other hand, those backing the tech often offer little clarity on why NFTs are superior to conventional databases or PDFs beyond the mere proposition that it’s about some sort of digital experience.

For many high-net-worth individuals, putting private documents on a public blockchain might feel like more of a liability than a feature, even with secure encryption. The idea that all you need to prove ownership is access to a digital file is also not particularly reassuring.

“NFTs are just giving a token attached to a physical asset,” explains Grant Super. “They’re definitely not replacing the official legal world of platforms for registering yachts.”

Others suggest the reason it’s hard to see the benefits of NFTs is that it’s still early days for the technology. Denison envisages a world 20 years from now where the usual bureaucracy associated with managing yachts, charters and onshore access can be significantly reduced with the help of tokenised, but ultimately publicly listed, documentation.

For example, while holding a digital bearer token that says you own a yacht is unlikely to help you retrieve it if it is stolen, he says it might one day make life much harder for a would-be thief.

“The person who steals a boat – the next time they try to go to a marina or to refuel, if they have to show a QR code to indicate beneficial ownership, that perhaps makes things more difficult for the thief and easier for the coast guard,” he says.

The other significant driver of NFT interest is on the aspirational side of things. Today that means selling NFTs to those who are unlikely to ever own a yacht, but who might be able to afford a digital equivalent in the metaverse or whose enthusiasm for yachts can be tapped into in different ways.

Some of these NFTs may also offer additional experiences as associated token rights, such as access to boat shows, exclusive parties or even opportunities to visit some of the boats in question.

“We think it’s going to be really fun for people who are dreaming of owning yachts, or scrolling through new yachts, to have the ability before they jump offline to mint NFT superyachts, and keep them in their wallets and have fun with them,” says Mandelstein.

When pressed on how exactly people might have fun with digital yachts – or why NFT invitations are better than conventional ones –  it turns out the real opportunity at the heart of the NFT business is getting yacht enthusiasts into yacht sales.

“We’re providing them with an opportunity to jump into the yachting industry. And if they’re an incredible salesperson, they might make a lot of money. We’re not promising anything. It’s not financial advice, but we’re certainly saying ‘Thank you for buying our NFT,’” says Mandelstein, noting that buying one of his NFTs entitles an owner to apply for a virtual brokerage licence with his business. “We are a sales company and we need NFT salespeople, in the metaverse and in real life here in Florida.”

Grant Super’s business, Deer Hague, hopes to tap into an even more niche aspirational market. He offers select clients the opportunity to invest in high-value physical assets – among them assets held on yachts – on a fractional basis using NFTs. Again, as an added sweetener, the tokens can give holders additional rights, such as the opportunity to visit the assets they fractionally own.

“Yachts obviously contain a lot of valuable assets, such as furniture, and we have agreements with the owners to start doing fractional ownership of these assets in order to make some money out of them,” notes Grant Super. For those raising money this way, the advantage is that the assets themselves never have to leave the yachts.

Grant Super stresses the tokens themselves are not a replacement for the usual due diligence protocols associated with chartering yachts or raising money: “We will be vetting the people, that’s part of the process. You can’t just let anybody come on board.”

Despite having a somewhat cynical take on the state of the market, Grant Super still thinks that, in the longer run, NFTs and decentralised autonomous organisations (DAOs) could open the door to new types of collective ownership models for the yachting world.

“This will allow people into very serious assets, including resorts and superyachts, in a tiered way where expectations are measured against what tier you’re in,” he says. “So, if you pay more, you may always get August, but I never get August, I get July, or you get three visits on board, whereas I only get one, and so on.”

Other boating experts, however, see this as unlikely due to the uniquely disastrous history of timeshare models in the industry. “People fight all the time over this stuff because there are running costs and then boats break all the time,” says Brendan Greeley, a journalist who writes about both economics and boating for the Financial Times . “If you have an NFT yacht share, you’d need one of those yacht operating companies to manage all of the bookkeeping and cost-sharing, and then you might as well just rent the goddamn boat for a week when you need it. You can’t get around centralisation.”

This feeds into the wider perspective among critics of crypto that the technology is more often than not a solution looking for a problem. Even in its most vanilla application – that of payments – it’s unclear why brokers should take the risk and bear the cost of converting crypto payments on to their own balance sheets rather than having their customers do it. Operating in crypto, after all, is not costless. Denison, whose brokerage uses Bitpay to process such transactions, admits the company charges a one per cent fee on every transaction. That’s less than what many crypto holders may be used to paying when trying to convert their holdings into fiat currencies, but far from zero.

It’s tempting to posit that the real motivation for accepting crypto may be a type of due-diligence arbitrage related to the fact that it’s easier and cheaper for an established yachting brokerage to cash out crypto for conventional dollars than for those who may have earned their crypto wealth in potentially dubious ways.

But Denison opposes this assertion. He says any law-abiding and respectable brokerage has to abide by knowing your customer (KYC) principles anyway. “Whether somebody sends us crypto or cash, or bushels of corn, whatever it is, we still have to do KYC no matter what,” he explains, implying there is no upside to a potential money launderer using crypto.

Grant Super concedes that those dealing with recently sanctioned Russian entities, from jurisdictions that have not opted to join wider Western blockades against Russian wealth, might be inclined to use cryptocurrency to obscure such transactions, but he notes that the move into crypto payments far predates the recent war in Ukraine.

For the most part, he believes the motivation for using crypto is to use discounts to attract the business of the crypto-enriched. “Crypto kids”, as he calls them, are a significant source of new wealth and that’s an opportunity for sales.

Giles Whitby-Smith, CEO of Bitcashier, a BitPay competitor, adds that yacht brokerages – his primary customers in the sector – rarely want to receive crypto directly because of its huge volatility. They do, however, want to be able to take advantage of the additional form of revenue stemming from the newly crypto-wealthy.

While the discrete nature of the industry makes it hard to put a firm number on the total value of cryptocurrency transactions in the sector, Whitby-Smith estimates that up to $75 million has probably already been transacted in cryptocurrency.

Whether that makes for a sustainable industry in a rising interest rate environment and in the midst of a cost of living crisis is harder to determine at this stage. Bitcashier, which also services transactions in other high-value luxury markets, is only just breaking even.

Given the interconnection between crypto, NFTs and marketing in general, the hope, however, is that moving into the space can help to drive growth in the core business of selling real yachts, boosting everyone’s bottom lines over the longer term.

As Marco Casali , one of the yacht designers working with Cloud Yachts to make NFTs, notes, only a small share of those who can afford yachts actually do: “This is a unique advertisement for our business.”

First published in the October 2022 issue of BOAT International. Get this magazine sent straight to your door, or subscribe and never miss an issue.

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Crypto-Cat? This Sleek 52-Foot Sailing Catamaran Was Just Bought With Bitcoin

While cryptocurrency remains a tiny niche of yacht sales, one broker has purchased bitcoin miners to make it more mainstream., michael verdon, michael verdon's most recent stories.

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This 52 Lagoon Sailing Catamaran Was Purchased with Bitcoin

Bitcoin was used to purchase a 52-foot Lagoon catamaran in Fort Lauderdale, Florida. The buyers, introduced by Denison Yachting broker Michelle Ropiza, purchased the sailing yacht using a combination of US dollars and cryptocurrency .

Despite its somewhat murky reputation, cryptocurrency may become more common in future yacht deals. Bitcoin is perhaps the most well-known form of the digital, unregulated currency that’s traded anonymously, without banks or middlemen. Payments are made through a digital wallet on a computer or smartphone.

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Bob Denison, president of the Fort Lauderdale-based firm, said the “vast majority of sellers” have no interest in accepting cryptocurrency, so Denison Yachting has moved to assist the buyers with crypto-deals. He said the 52 Lagoon was purchased “half in Bitcoin and half in US dollars,” and that the seller didn’t know that the transaction involved cryptocurrency.

This 52 Lagoon Sailing Catamaran Was Purchased with Bitcoin

Bitcoin amounted to about half the purchase price of this 52-foot sailing catamaran.  Courtesy Denison Yachting

“The day of the closing was faster than a wire transfer—they converted the Bitcoin immediately into dollars,” says Denison. The cryptocurrency has a reputation for being “somewhat shady,” Denison adds, but the transaction followed all legal protocols, including the buyer providing a passport to verify his identity.

The firm has nine Bitcoin “miners” in its offices, more as a way to  “understand” the cryptocurrency, says Denison, than make sizable profits. The company also has a merchant account which provides the ability to buy cryptocurrencies with debit or credit cards.

“I think we’re the only firm that makes an effort to accept crypto,” says Denison. “Our closing department has been trained in that. We also opened an office in Hong Kong to make it easy for the client to put down deposits in Euros. It’s all about meeting the client where they’re at.”

This 52 Lagoon Sailing Catamaran Was Purchased with Bitcoin

The agency has purchased nine Bitcoin miners as a way to grow its crypto business in yacht sales.  Courtesy Denison Yachting

Since 2016, Denison Yachting has sold three yachts and funded three yacht charters using cryptocurrency. Bob Denison expects buying boats in cryptocurrency to remain a “niche” part of his business going forward, but he believes, among cryptos, Bitcoin will be around. “It is volatile, but it seems to have staying power,” he says.

The Lagoon 52 had an asking price of $839,000 at the time of the sale.

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MAKAI PARTNERS WITH BITPAY TO ALLOW YOU TO ACCESS YOUR DIGITAL WALLET TO BUY A BOAT !

How to buy a boat with Bitcoin and other cryptopcurrency? MAKAI  has partnered with    BitPay  ,  the world’s largest and most reputable provider of bitcoin and cryptocurrency payment services to open a cryptocurrency payment option to our power catamaran customers. by MAKAI Yachts

MAKAI has partnered with BitPay , the world’s largest provider of bitcoin and cryptocurrency payment services, to offer our customers the convenience if using their crypto wallet to make boat payments from cryptocurrency via an email invoice. According to Jay Nolan, co-founder and Director at MAKAI Yachts: “This partnership represents a commitment to customer service not just in name, but in an important and often administratively cumbersome part of buying a boat.  Many customers hold crypto assets and we know we should make the process of buying a boat as easy as possible, so they can focus on all of the fun parts.  It’s also right on-message with our focus on  adoption and integration of the most up-to-date technology on our yachts.  We are very excited about the prospects that this collaboration will bring.”

Since inception in 2011, BitPay has established a market leading position in Bitcoin and other Cryptocurrency processing services.  Initially to serve small daily transactions BitPay made it possible to buy everything from a cup of coffee to a computer, and now, with the collaboration between MAKAI and BitPay, you are only a few clicks away from yacht ownership!

A partnership that brings great value!

Founded in 2011, BitPay pioneered blockchain payment processing with the mission of transforming how businesses and people send, receive, and store money. Its business solutions eliminate transaction fraud, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Prepaid Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth.

Buy a Boat with bitcoin

BitPay Wallet is designed to offer a unique set of advantages over other payment methods. To have a closer look at how this payment method goes to action, there are several questions and common enquires to be covered below.

WHAT CRYPTOCURRENCIES CAN I USE?

BitPay supports leading coins including Bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Ethereum (ETH), Litecoin (LTC), Shiba Inu (SHIB), Wrapped Bitcoin (WBTC), and 5 USD-pegged stable coins (BUSD, DAI, GUSD, USDC, and USDP).

WHAT CRYPTO WALLETS CAN I USE?

BitPay supports more than 95 different crypto wallets and exchanges including BitPay, Coinbase, Exodus Wallet, Ledger Wallet, Trust Wallet, Electrum Wallet, Blockchain Wallet, Metamask, Crypto.com, Gemini Wallet, Kraken, BRD Wallet and more.

WHO IS BITPAY?

BitPay is the world’s largest provider of bitcoin and cryptocurrency payment services. Founded in 2011, while Bitcoin was still in its early stages, they set out to revolutionise the financial industry – making payments faster, more secure and less expensive globally. BitPay pioneered blockchain payment technology to transform how businesses and people send, receive and store money worldwide. A decade later, BitPay is still creating more tools and services for everyone to use in innovative ways.

WHAT IS BITCOIN?

Bitcoin is a secure, digital currency that can be used to exchange money over the Internet. There are no central banks or authorities. Bitcoin is truly open – compatible across platforms, technologies and even borders. It’s great for fraud protection too! With no credit card numbers for someone to steal, it’s safe and secure.

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Can I Buy A Boat With Cryptocurrency?

By Rob Bowman | Posted On Dec 15, 2021 Updated On Mar 23, 2022

United Yacht Sales is excited to announce that we have partnered with ForumPay, an industry-leading global cryptocurrency payment technology provider, to offer our clients the ability to purchase a boat using their favorite cryptocurrency. ForumPay has multiple clients in similar spaces including the real estate industry, private jet charters, and other retail businesses that have successfully begun accepting crypto payments .

ForumPay allows United Yacht Sales clients to sell their yacht confidently and safely to a more diverse community of potential buyers without having to know anything about cryptocurrency at all.

"The yachting industry cannot ignore the benefits of accepting cryptocurrency as a form of payment for a boat purchase," said Captain Jeff Palmer , co-owner and President of United Yacht Sales. "The beauty of partnering with Forumpay is that they exchange the cryptocurrency for U.S. dollars and our clients listing their yachts with us never know the difference. They receive the funds in their account like they normally would!"

Boats can be purchased using a variety of cryptocurrency including Bitcoin, Ether, Litecoin, Bitcoin Cash, Dash, or XRP.

For more information on how to buy a yacht with crytpocurrency , please don't hesitate to call our main office at 1-772-463-3131 .

Example Below Of How Buyers Would Pay With Crypto:

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Bitcoin Accepted For Yacht Purchases + Superyacht Charters

Pay for your next yacht using cryptocurrency..

In cryptocurrency news this week, Tesla announced that it would start allowing customers to purchase their vehicles with Bitcoin. All we have to say is, welcome to the club. Denison has been accepting Bitcoin since 2014 and was the first company in the yachting industry to do so. Denison was also the first company with the ability to accept cryptocurrency payments without a limit.

buy yacht with bitcoin

“We need to be present and available to all potential clients in all marketplaces, and if a client wants to pay with Bitcoin, we are positioned to handle the transaction,” said Bob Denison .

And so, since 2014, Denison sold five yachts using cryptocurrency. The most recent transaction was a Lagoon 52 in Fort Lauderdale with an asking price of $839,000 at the time of sale. The ability to safely accept various currencies, including a digital currency like Bitcoin, and distribute these funds in U.S. dollars is a valuable service to Denison’s clients.

buy yacht with bitcoin

Denison actively participates in the Bitcoin network. At Denison HQ in Fort Lauderdale, you’ll find 8 Antminers that are currently supporting the blockchain, 24/7. To those who say it sounds certifiably looney, Denison adds, “If you talk to your grandparents about something like a credit card 60 or 70 years ago, they would’ve thought you were crazy. This is the same thing.”

Elon Musk admits to being late to the party, and we’re excited to have inspired him to make buying an electric car easy for customers.

“I do at this point think Bitcoin is a good thing, and I am a supporter of bitcoin. I am late to the party but a supporter. I think bitcoin is on the verge of getting broad acceptance by conventional finance people,” Musk said during an interview on Clubhouse.

Bitcoin more than quadrupled in price over the course of last year. It then hit a new all-time high of nearly $42,000 at the beginning of 2021. Bullish investors say the digital coin has gotten a boost from increased institutional interest and the perception that it is a safe-haven asset akin to gold, reports CNBC .

How many U.S. dollars Bitcoin buys

buy yacht with bitcoin

Tesla is the first major automaker to accept cryptocurrency. The company said that it bought $1.5 billion worth of Bitcoin to give the company liquidity in cryptocurrency once it starts accepting it as a form of payment. We expect this to be the first of many times that Tesla will follow the lead of Denison.

With current news circling Bitcoin, we want to remind you that you can pay for a yacht using cryptocurrency at Denison. We’re excited that Tesla took a page out of our book to make large purchases easy and accessible for clients. Contact a Denison yacht broker to buy your next yacht using cryptocurrency. We’re serious.

Contact A Denison Yacht Broker:

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How To Use A Bitcoin ATM And Should I Buy One: This Lucrative Business May Grow $16.85B By 2033

All bitcoin atms let you buy bitcoin with cash.

Vinay Patel

The burgeoning cryptocurrency market has sparked significant interest in Bitcoin ATMs, devices that facilitate the purchase and sale of Bitcoin and other cryptocurrencies with cash or debit cards. These machines are becoming increasingly popular as they offer a convenient and accessible entry point into the world of digital currencies. Using a Bitcoin ATM is straightforward: users locate a nearby machine, follow on-screen instructions to either buy or sell Bitcoin and complete the transaction in minutes.

A decade ago, the world's first Bitcoin ATM debuted at Vancouver's Waves Coffee House. Today, Coin ATM Radar reports a staggering 37,056 machines globally, with over 31,006 in the US alone. With the global Bitcoin ATM market projected to surge to $16.85 billion by 2033, owning a Bitcoin ATM presents a lucrative business opportunity.

What's more, this widespread adoption continues despite the prevalence of online exchanges, with Bitcoin ATMs finding homes in convenient locations like gas stations, shopping malls, and grocery stores. Bitcoin ATMs are a critical driver of cryptocurrency adoption, generating significant revenue for retailers who host them.

Because of this, entrepreneurs are drawn to this potential due to the growing mainstream acceptance of cryptocurrencies and the increasing demand for user-friendly financial solutions. Investing in a Bitcoin ATM seems like a very logical prospect as it not only provides a steady income stream through transaction fees but also positions business owners at the forefront of the fintech revolution, a strategic advantage that can shape the future of financial services.

If you're considering buying a Bitcoin ATM as a lucrative side hustle, then check out this overview:

Using A Bitcoin ATM: A Beginner's Guide

People use Bitcoin ATMs for a variety of reasons. Some view Bitcoin and other cryptocurrencies as a potential long-term investment, while others value their transaction efficiency.

Bitcoin ATMs allow you to purchase Bitcoin by exchanging cash for it. Since cryptocurrency isn't tied to bank accounts, you'll need a separate digital wallet to store your Bitcoin. After feeding cash into the ATM, you'll enter your wallet address or scan its QR code. The machine will then convert your cash to Bitcoin at the current market rate and deliver it directly to your digital wallet.

Some Bitcoin ATMs are bidirectional, allowing you to buy and sell Bitcoin. When selling, you can specify the amount of Bitcoin you want to convert to cash and collect it directly, or in some cases, have it deposited onto your debit card.

Alternatively, you can use these machines to send Bitcoin directly to another person. Enter the recipient's wallet address, and the purchased Bitcoin will be deposited into their wallet.

However, it is worth noting that some machines may require ID verification depending on the transaction amount. This typically involves scanning or taking a picture of your ID at the ATM.

This process has been making Bitcoin ATMs quite popular and the machines have been experiencing exponential growth.This trend reflects a growing mainstream interest in cryptocurrency. In 2014, for instance, Google Campus London installed a Bitcoin ATM, showcasing the potential of this technology for businesses. As a result, more and more companies recognise Bitcoin ATMs as a valuable financial opportunity.

Bitcoin ATMs: A Lucrative Opportunity For Businesses

For businesses with a physical storefront, Bitcoin ATMs present a compelling opportunity. They generate revenue through rent from hosting the ATM and can attract a new wave of tech-savvy customers. This can be a great way to expand your customer base and cater to the growing demand for cryptocurrency access.

Additionally, retailers can explore revenue-sharing agreements with ATM operators, earning a percentage of each transaction fee processed. Partnering with licensed and insured operators who prioritise Anti-Money Laundering (AML) compliance is crucial.

Industry figures from 2014 suggest that Bitcoin ATM owners can see average monthly profits between $1,000 and $3,000. However, it's important to remember that this is a dated figure and may not reflect the current market.

The most significant benefit of hosting a Bitcoin ATM is the surge in customer traffic it can bring to your retail location. Websites like Coin ATM Radar list ATM locations, offering free advertising for your business.

Aside from that, Entrepreneur.com reports that Bitcoin ATMs are searchable on Google Maps and often co-listed alongside the hosting business. This increased visibility can attract new customers who have not visited your store.

Customers who come to purchase crypto at your ATM are more likely to make return visits and browse your products, creating a win-win partnership between you and the Bitcoin ATM operator.

© Copyright IBTimes 2024. All rights reserved.

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buy yacht with bitcoin

Yachts You Can Buy with Bitcoin Right Now. View some of our favorite boats for sale right now. Contact the listed dealer to get onto the water in your new boat. Crescent Lady. 117' Crescent 2020. The 117-foot (35.7m) CRESCENT offers a versatile interior and exterior spaces with fantastic options for entertaining, lounging and dining.

YACHTZOO's partnership with BitPay offers a host of benefits when it comes to selling, buying or chartering yachts with cryptocurrencies like Bitcoin. Firstly, unlike the high cost of credit cards that charge a 3% transaction fee, Bitpay allows businesses to receive direct bank deposits in any currency for a flat rate of 1%.

A list of businesses where you can buy a yacht with Bitcoin. Here are sellers that definitely take Bitcoin as a payment method: Ocean Independence. Sunshine Cruising Yachts. YACHTZOO. Camper & Nicholsons. SuperYachtsMonaco. Denison Yachting. TheYachtBreak.

BoatTEST co-founder Jeff Hammond interviews Bob Denison, president of Denison Yachting, about the emergence of cryptocurrencies used in payment for large yachts. With more blockchain currencies being created, we're likely to see this mode of transaction grow. Check out Bitcoin prices on over 6,540 pre-owned yachts on Denison Yachting's ...

Simply let your United Yacht broker know that you wish to pay with crypto and our expert closing team will be in touch with you with options. Questions? Give our main office a call at 1-772-463-3131 to discuss using your crypto to purchase a yacht. Search Yachts For Sale Find A Broker Near Me My Current Boat's Value.

Bob Denison, president of Denison Yacht Sales, said: "We need to be present and available to all potential clients in all marketplaces and if a client wants to pay with Bitcoins, we are now positioned to handle the transaction.". Bitcoin, an online currency used for peer-to-peer payment, was valued at over $16,000 in mid-December of 2017.

Prices range from 6,485.392 Bitcoin (a little over 25 million dollars) for a 182' superyacht built in Turkey, to a 24' Hydrasports center console listing at a mere 9.279 Bitcoin ($35,000). Boatshed , based in the UK but selling yachts internationally, including in the US, has picked up on the trend as well.

Denison charter yacht My Toy has had fees paid for in bitcoin. Credit: Denison. Since adopting cryptocurrency Denison Yachting has accepted over five bitcoin transactions for sales and charter, including a charter booked on board 41.6 metre motor yacht My Toy. Fees are paid into the Denison "wallet" using blockchain payment company BitPay ...

Use various cryptocurrencies to pay for luxury yacht charters with Denison. Denison was the first yacht brokerage firm to accept bitcoin as a form of payment and the first company with the ability to accept cryptocurrency payments without a limit. And that's the facts. (Hey, Elon.) Way back in 2014, there became a need to pay for luxury goods using various cryptocurrencies.

Denison has been accepting Bitcoin since 2014 and was the first company in the yachting industry to do so. Since then, we sold five yachts using cryptocurrency. And in June 2018, Denison's first charter was booked using Bitcoin as payment.The ability to safely accept various currencies, including a digital currency like Bitcoin, and distribute these funds in U.S. dollars is a valuable ...

Denison was the first yacht brokerage firm to accept bitcoin as a form of payment and the first company with the ability to accept cryptocurrency payments without a limit. Back in 2014, there became a need to pay for luxury goods using various cryptocurrencies. Fintech companies such as BitPay and Coinbase offered an easy way to make payments ...

Until now. In September, Camper & Nicholsons Interna tional announced that the owner of the 236-foot CRN Azteca is willing to accept bitcoin for the yacht, at an asking price of about $75 million. It's believed that the 2010 build is the largest-ever yacht available for purchase with bitcoin. Azteca is built for world-cruising itineraries.

Accepting bitcoin is just one of those ways," says Denison. SuperYachtsMonaco recently announced that the owner of 50m JoyMe was now accepting bitcoin for his €9.9 million superyacht. Andrade shares the same view. "It's just another tool to find a buyer for your boat," he says. In February, SuperYachtsMonaco announced that the owner of ...

When you buy a boat with Bitcoin or other cryptocurrencies, you can expect fast transactions, fewer fees, and the ability to buy from anywhere in the world. That's the wonder of digital money. How the Process Works: Buying Your Crypto Yacht. You're now ready to make your crypto yacht transaction. The 1st Stage - Dealing With a ...

https://GeorgeLevy.com/ presents:In this video interview, I meet with Bob Denison, CEO of Denison Yachting at their headquarters in Fort Lauderdale, Florida ...

The owner of JoyMe is now accepting bitcoin with SuperYachtsMonaco. By February 2021 the libertarian pipe dream had come to a crashing end. Spiralling costs forced the owners to sell MS Satoshi for $12 million to a more experienced buyer. As The Guardian noted at the time, that sum may have been more than the bitcoin enthusiasts had paid for ...

Modified on December 1, 2020 Published on November 23, 2020. By Michael Verdon. Courtesy Denison Yachting. Bitcoin was used to purchase a 52-foot Lagoon catamaran in Fort Lauderdale, Florida. The ...

AZTECA can only be bought with Bitcoin. The 236-foot-long superyacht AZTECA, which was built by CRN and will attend the 2021 Monaco Yacht Show is for sale. But here's the thing. The owner will ...

MAKAI has partnered with BitPay, the world's largest provider of bitcoin and cryptocurrency payment services, to offer our customers the convenience if using their crypto wallet to make boat payments from cryptocurrency via an email invoice.According to Jay Nolan, co-founder and Director at MAKAI Yachts: "This partnership represents a commitment to customer service not just in name, but in ...

Boats can be purchased using a variety of cryptocurrency including Bitcoin, Ether, Litecoin, Bitcoin Cash, Dash, or XRP. For more information on how to buy a yacht with crytpocurrency, please don't hesitate to call our main office at 1-772-463-3131. Example Below Of How Buyers Would Pay With Crypto:

Use Bitcoin to Buy Your Next Yacht. Denison Yachting decided to open the Bitcoin option following requests from several customers. "Bitcoin does a lot of things that are really unique in terms of efficiencies. One of them was privacy and security for the person that owns the bitcoin currency," Bob Denison, president of Denison Yachting ...

Pay for your next yacht using cryptocurrency. In cryptocurrency news this week, Tesla announced that it would start allowing customers to purchase their vehicles with Bitcoin. All we have to say is, welcome to the club. Denison has been accepting Bitcoin since 2014 and was the first company in the yachting industry to do so. Denison was also the first company with the ability to accept ...

In this video interview recorded with Bitsonline, I meet with Bob Denison, CEO of Denison Yachting at their headquarters in Fort Lauderdale, Florida to talk ...

Over the decade from 2011 to 2021, Bitcoin was the best-performing asset in the world, and it wasn't even close. During that time period, Bitcoin delivered annualized returns of 230%.

With low fees and over 350 cryptocurrencies to trade, Binance is the preferred exchange to trade Bitcoin, Altcoins, and other virtual assets. With Binance users can: Trade hundreds of cryptocurrencies on Spot, Margin, and Futures markets. Buy and sell cryptocurrencies with Binance P2P. Earn interest on your crypto with Binance Earn.

He also started a sizable position in the iShares Bitcoin Trust (IBIT 1.82%), an index fund that tracks the cryptocurrency Bitcoin. Ken Griffin of Citadel Advisors sold 2.4 million shares of ...

All Bitcoin ATMs let you buy Bitcoin with cash. By Vinay Patel @VinayPatelBlogs Published 06/18/24 AT 9:00 AM BST.

Cardano has been unable to break through the $1 mark, and is already down 30% in 2024. Litecoin has underperformed since its halving last year, and also lacks signs of a breakout rally. Bitcoin ...

And Bitcoin is easier to store and transport than gold, while also possessing easier transactional value. However, Bitcoin's current market cap of $1.3 trillion is just 8% of gold's $15.7 trillion.

One expensive issue was the tax treatment of Bailey's expensive and custom-built yacht, "Spellbound." You guessed it: Bailey claimed that he operated it (unsuccessfully) as a profit-making ...

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Out of the Centre

Savvino-storozhevsky monastery and museum.

Savvino-Storozhevsky Monastery and Museum

Zvenigorod's most famous sight is the Savvino-Storozhevsky Monastery, which was founded in 1398 by the monk Savva from the Troitse-Sergieva Lavra, at the invitation and with the support of Prince Yury Dmitrievich of Zvenigorod. Savva was later canonised as St Sabbas (Savva) of Storozhev. The monastery late flourished under the reign of Tsar Alexis, who chose the monastery as his family church and often went on pilgrimage there and made lots of donations to it. Most of the monastery’s buildings date from this time. The monastery is heavily fortified with thick walls and six towers, the most impressive of which is the Krasny Tower which also serves as the eastern entrance. The monastery was closed in 1918 and only reopened in 1995. In 1998 Patriarch Alexius II took part in a service to return the relics of St Sabbas to the monastery. Today the monastery has the status of a stauropegic monastery, which is second in status to a lavra. In addition to being a working monastery, it also holds the Zvenigorod Historical, Architectural and Art Museum.

Belfry and Neighbouring Churches

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Located near the main entrance is the monastery's belfry which is perhaps the calling card of the monastery due to its uniqueness. It was built in the 1650s and the St Sergius of Radonezh’s Church was opened on the middle tier in the mid-17th century, although it was originally dedicated to the Trinity. The belfry's 35-tonne Great Bladgovestny Bell fell in 1941 and was only restored and returned in 2003. Attached to the belfry is a large refectory and the Transfiguration Church, both of which were built on the orders of Tsar Alexis in the 1650s.  

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To the left of the belfry is another, smaller, refectory which is attached to the Trinity Gate-Church, which was also constructed in the 1650s on the orders of Tsar Alexis who made it his own family church. The church is elaborately decorated with colourful trims and underneath the archway is a beautiful 19th century fresco.

Nativity of Virgin Mary Cathedral

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The Nativity of Virgin Mary Cathedral is the oldest building in the monastery and among the oldest buildings in the Moscow Region. It was built between 1404 and 1405 during the lifetime of St Sabbas and using the funds of Prince Yury of Zvenigorod. The white-stone cathedral is a standard four-pillar design with a single golden dome. After the death of St Sabbas he was interred in the cathedral and a new altar dedicated to him was added.

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Under the reign of Tsar Alexis the cathedral was decorated with frescoes by Stepan Ryazanets, some of which remain today. Tsar Alexis also presented the cathedral with a five-tier iconostasis, the top row of icons have been preserved.

Tsaritsa's Chambers

yacht master rose gold 42

The Nativity of Virgin Mary Cathedral is located between the Tsaritsa's Chambers of the left and the Palace of Tsar Alexis on the right. The Tsaritsa's Chambers were built in the mid-17th century for the wife of Tsar Alexey - Tsaritsa Maria Ilinichna Miloskavskaya. The design of the building is influenced by the ancient Russian architectural style. Is prettier than the Tsar's chambers opposite, being red in colour with elaborately decorated window frames and entrance.

yacht master rose gold 42

At present the Tsaritsa's Chambers houses the Zvenigorod Historical, Architectural and Art Museum. Among its displays is an accurate recreation of the interior of a noble lady's chambers including furniture, decorations and a decorated tiled oven, and an exhibition on the history of Zvenigorod and the monastery.

Palace of Tsar Alexis

yacht master rose gold 42

The Palace of Tsar Alexis was built in the 1650s and is now one of the best surviving examples of non-religious architecture of that era. It was built especially for Tsar Alexis who often visited the monastery on religious pilgrimages. Its most striking feature is its pretty row of nine chimney spouts which resemble towers.

yacht master rose gold 42

Location approximately 2km west of the city centre
Website Monastery - http://savvastor.ru Museum - http://zvenmuseum.ru/

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.css-120orm1{font-weight:700;font-size:clamp(1.875rem, 1.25rem + 1.5625vw, 3.125rem);line-height:1.2;margin-bottom:1rem;line-height:1.1;} Yacht-Master 42 .css-18uwo57{font-size:clamp(1.125rem, 1.0625rem + 0.1563vw, 1.25rem);line-height:1.6;font-weight:300;line-height:1.2;text-wrap:balance;}.css-18uwo57 span{display:block;} Oyster, 42 mm, white gold Reference 226659

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Staying on course

The Oyster Perpetual Yacht-Master 42 in 18 kt white gold with a black dial and an Oysterflex bracelet.

The oysterflex bracelet, highly resistant and durable.

The Yacht-Master’s new Oysterflex bracelet, developed by Rolex and patented, offers a sporty alternative to metal bracelets. The bracelet attaches to the watch case and the Oysterlock safety clasp by a flexible titanium and nickel alloy metal blade.

The blade is overmoulded with high-performance black elastomer which is particularly resistant to environmental effects, very durable and perfectly inert for the wearer of the watch. For enhanced comfort, the inside of the Oysterflex bracelet is equipped with a patented longitudinal cushion system that stabilizes the watch on the wrist and fitted with an 18 kt white gold Oysterlock safety clasp. It also features the Rolex Glidelock extension system, designed by the brand and patented. This inventive toothed mechanism, integrated beneath the clasp, allows fine adjustment of the bracelet length by some 15 mm in increments of approximately 2.5 mm, without the use of tools.

18 kt white gold

Commitment to excellence

By operating its own exclusive foundry, Rolex has the unrivalled ability to cast the highest quality 18 kt gold alloys. According to the proportion of silver, copper, platinum or palladium added, different types of 18 kt gold are obtained: yellow, pink or white.

They are made with only the purest metals and meticulously inspected in an in-house laboratory with state-of-the-art equipment, before the gold is formed and shaped with the same painstaking attention to quality. Rolex's commitment to excellence begins at the source.

Bidirectional Rotatable Bezel

Timing the distance.

The Yacht-Master’s bidirectional rotatable 60-minute graduated bezel is made entirely from precious metals or fitted with a Cerachrom insert in high-tech ceramic. The raised polished numerals and graduations stand out clearly against a matt, sand-blasted background.

This functional bezel – which allows the wearer to calculate, for example, the sailing time between two buoys – is also a key component in the model’s distinctive visual identity.

Exceptional legibility

Like all Rolex Professional watches, the Yacht-Master 42 offers exceptional legibility in all circumstances, and especially in the dark, thanks to its Chromalight display.

The broad hands and hour markers in simple shapes – triangles, circles, rectangles – are filled with a luminescent material emitting a long-lasting glow.

More Yacht-Master technical details

Reference   226659

Model case .css-plfq1t{--iconSize:12px;--iconStrokeWidth:2px;height:var(--iconSize);position:relative;width:var(--iconSize);}.css-plfq1t::before,.css-plfq1t::after{background:currentColor;content:"";display:block;height:var(--iconStrokeWidth);left:0;position:absolute;right:0;top:50%;-webkit-transition:-webkit-transform 0.6s;transition:transform 0.6s;will-change:transform;}html.prefers-reduced-motion .css-plfq1t::before,html.prefers-reduced-motion .css-plfq1t::after{-webkit-transition:none;transition:none;}.css-160voq8 .css-plfq1t::after{-webkit-transform:rotate(90deg);-moz-transform:rotate(90deg);-ms-transform:rotate(90deg);transform:rotate(90deg);}.no-js .css-plfq1t{display:none;}

Oyster, 42 mm, white gold

Oyster architecture

Monobloc middle case, screw-down case back and winding crown

Bidirectional rotatable 60-minute graduated bezel with matt black Cerachrom insert in ceramic, polished raised numerals and graduations

Winding crown

Screw-down, Triplock triple waterproofness system

Scratch-resistant sapphire, Cyclops lens over the date

Water resistance

Waterproof to 100 metres / 330 feet

Perpetual, mechanical, self-winding

3235, Manufacture Rolex

-2/+2 sec/day, after casing

Centre hour, minute and seconds hands. Instantaneous date with rapid setting. Stop-seconds for precise time setting

Paramagnetic blue Parachrom hairspring. High-performance Paraflex shock absorbers

Bidirectional self-winding via Perpetual rotor

Power reserve

Approximately 70 hours

Flexible metal blades overmoulded with high-performance elastomer

Folding Oysterlock safety clasp with Rolex Glidelock extension system

Highly legible Chromalight display with long-lasting blue luminescence

Certification

Superlative Chronometer (COSC + Rolex certification after casing)

Learn how to set the time and other functions of your Rolex watch by consulting our user guides.

Yacht-Master 42

Contact an Official Rolex Jeweler

Only official Rolex jewelers are allowed to sell and maintain a Rolex watch. With the necessary skills, technical know-how and special equipment, they guarantee the authenticity of each and every part of your Rolex and help you make the choice that will last a lifetime.

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IMAGES

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COMMENTS

  1. Rolex Yacht-Master

    This Yacht-Master 42, which is an outstanding nautical watch, is also proof of Rolex's firm commitment to yachting. ... 37, 40 and 42 mm - and in various precious versions - 18 ct yellow, white and Everose gold - as well as in Everose Rolesor and Rolesium versions, the Yacht-Master is unique in the world of Rolex professional watches ...

  2. Rolex Yacht-Master

    Case material: Rose gold 40 mm 42 mm 37 mm Dial: Black Dial: Blue Dial: Silver 2020's 2000's 2010's 126622 126621 16622 Bracelet material: Steel ... White Gold Yacht-Master 42 Watch - Black Dial - Oysterflex Strap Reference 226659 $ 31,000. Free shipping. US. Rolex Yacht-Master 42.

  3. Rolex Yacht-Master Rose gold

    2023+ NEW Yacht-Master 126655 40mm Rose Gold Black Rubber Oysterflex Strap $ 32,625. Free shipping. US. Rolex Yacht-Master 40. Rose Gold Black Dial 116655 $ 27,600. Free shipping. US. Rolex Yacht-Master 40. w Stickers Rose Gold Oysterflex Card/Box/Papers 126655 $ 29,250. Free shipping. US. Rolex Yacht-Master 40. 116655

  4. Rolex Yacht-Master 42 Ultimate Buying Guide

    Its monochromatic color profile paired with its matte black ceramic bezel and black Oysterflex bracelet makes the watch inherently casual and sporty, and at first glance, you'd be forgiven for thinking that this was a humble stainless steel model. However, at its core, the Yacht-Master 42 ref. 226659 is a $30k solid gold Rolex.

  5. Rolex Yacht-Master 42

    Chrono 24 Direct. Rolex Yacht-Master 42. NEW 2024 Yacht-Master 42mm 226659 White Gold Oysterflex Black Dial. $ 33,390. + $100 for shipping. US. Rolex Yacht-Master 42. NEW 2024 PAPERS Rolex Yacht-Master TITANIUM Black Ceramic 42mm 226627 B+P. $ 34,993.

  6. Rolex Yacht-Master Ultimate Buying Guide

    2019 — Rolex introduces the Yacht-Master 42 to the collection. History of the Rolex Yacht-Master. ... (their proprietary rose gold alloy) and 18k white gold. However, the 42mm version is the only white gold version (which was only just introduced at Baselworld 2019) is the only white gold model, as well as the only 42mm model in the ...

  7. Official Rolex Website

    Official Rolex Website

  8. The new Yacht-Master 42: glowing with brilliance

    THE OYSTER CASE, SYMBOL OF WATERPROOFNESS. A paragon of robustness and reliability, the 42 mm Oyster case of the new Yacht-Master 42 is guaranteed waterproof to a depth of 100 metres (330 feet). Its middle case is crafted from a solid block of 18 ct yellow gold. The case back, edged with fine fluting, is hermetically screwed down with a special ...

  9. Official Rolex Website

    Official Rolex Website - Swiss Luxury Watches

  10. Yacht-Master Evolution New 2019 Rolex Yacht-Master 42mm vs 40mm

    A side by side comparison between the new 2019 Rolex Yacht-master 42mm in white gold ref: 226659 and the Rolex Yacht-Master 40mm in Rose Gold ref: 116655, bo...

  11. Rolex Yacht-Master 42

    2021 White Gold Yacht-Master 42 Oysterflex Excellent Condition Box Papers 226659. AU$ 48,123 + AU$195 for shipping. UK. Rolex Yacht-Master 42. Yellow gold Full set. AU$ 53,804 + AU$692 for shipping. US. Rolex Yacht-Master 42. 226659. AU$ 45,220 + AU$315 for shipping. UK. Rolex Yacht-Master 42. TITAN NEU 05/2024 Ref.226627.

  12. Rolex Yacht-Master Rose Gold Watches

    Rolex Yacht-Master. 268655. 37MM 18k Everose Gold, Black Dial. Oysterflex Rubber Strap, B&P (2017) $23,495 Buy. Get Quote Sell. Cash wire prices shown. Prices may be higher if other payment methods are selected.*. Explore pre-owned & used Rolex Yacht-Master Rose Gold watches at Bob's Watches.

  13. The new Yacht-Master 42: Mastering lightness

    The new version of the Yacht-Master 42 is equipped with calibre 3235, a movement entirely developed and manufactured by Rolex that was released in 2015 and has been fitted on this model since its launch in 2019. ... The GMT-Master II is available this year in two new versions - yellow Rolesor and 18 ct yellow gold - with a Cerachrom bezel ...

  14. Rolex Yacht-Master 42 Yellow Gold 226658

    Strap: black elastomer with hidden flexible blades - 18k yellow gold folding clasp with extension system. Reference: 226658. Price: EUR 26,700. Rolex 2022 Luxury Watches Novelty Sports watch. Print. We go deep and review the new, high-end Rolex Yacht-Master 42 Yellow Gold 226658, the luxurious nautical watch of the brand.

  15. Rolex Yacht-Master 42 watch: 18 ct white gold

    The Oyster Perpetual Yacht-Master 42 in 18 ct white gold with a black dial and an Oysterflex bracelet. The Oysterflex Bracelet Highly resistant and durable. The Yacht-Master's new Oysterflex bracelet, developed by Rolex and patented, offers a sporty alternative to metal bracelets. The bracelet attaches to the watch case and the Oysterlock ...

  16. Introducing: The Rolex Yacht-Master 42 In White Gold (Live Pics

    Model: Yacht-Master 42 Reference Number: 226659. Diameter: 42mm Case Material: 18k white gold Dial Color: Black Indexes: Applied white gold and Chromalight ... Rose, and Yellow Gold. By Cole pennington. Introducing The Patek Philippe World Time Ref. 5231J (Live Pics & Pricing) By Cara barrett.

  17. yachtmaster rose gold 40

    Rolex Yacht-Master 40 Rose Gold Everose 18k Black Dial Ceramic Bezel Oysterflex Rubber Bracelet 126655 - BRAND NEW. Quick shop. $30,999. Rolex Yacht-Master 40 Everose Rose Gold/Steel Chocolate Brown Dial Gold Bezel Oyster Bracelet 126621 - BRAND NEW. ... Rolex Yacht-Master 42 Yellow Gold Diamond Paved Watch Baguette Diamond Bezel 226668TBR ...

  18. Rolex Yacht-Master 40 watch: Oystersteel and Everose gold

    Oyster, 40 mm, Oystersteel and Everose gold. Oyster architecture. Monobloc middle case, screw-down case back and winding crown. Diameter. 40 mm. Material. Everose Rolesor - combination of Oystersteel and Everose gold. Bezel. Everose gold bidirectional rotatable 60-minute graduated with raised numerals. Winding crown. Screw-down, Triplock triple ...

  19. Visit Elektrostal: 2024 Travel Guide for Elektrostal, Moscow ...

    Cities near Elektrostal. Places of interest. Pavlovskiy Posad Noginsk. Travel guide resource for your visit to Elektrostal. Discover the best of Elektrostal so you can plan your trip right.

  20. Savvino-Storozhevsky Monastery and Museum

    Zvenigorod's most famous sight is the Savvino-Storozhevsky Monastery, which was founded in 1398 by the monk Savva from the Troitse-Sergieva Lavra, at the invitation and with the support of Prince Yury Dmitrievich of Zvenigorod. Savva was later canonised as St Sabbas (Savva) of Storozhev. The monastery late flourished under the reign of Tsar ...

  21. Rolex Yacht-Master 40 watch: 18 ct Everose gold

    Discover the Yacht-Master 40 watch in 18 ct Everose gold on the Official Rolex Website. Model:m126655-0002. Discover the Yacht-Master 40 watch in 18 ct Everose gold on the Official Rolex Website. ... The Yacht-Master's bidirectional rotatable 60-minute graduated bezel is made entirely from precious metals or fitted with a Cerachrom insert in ...

  22. Elektrostal

    Elektrostal , lit: Electric and Сталь , lit: Steel) is a city in Moscow Oblast, Russia, located 58 kilometers east of Moscow. Population: 155,196 ; 146,294 ...

  23. Rolex Yacht-Master 42 watch: 18 kt yellow gold

    Discover the Yacht-Master 42 watch in 18 kt yellow gold on the Official Rolex Website Model: m226658-0001. ... Like all Rolex Professional watches, the Yacht-Master 42 offers exceptional legibility in all circumstances, and especially in the dark, thanks to its Chromalight display.

  24. Rolex Yacht-Master 42 watch: 18 kt white gold

    Discover the Yacht-Master 42 watch in 18 kt white gold on the Official Rolex Website Model: m226659-0002. ... Like all Rolex Professional watches, the Yacht-Master 42 offers exceptional legibility in all circumstances, and especially in the dark, thanks to its Chromalight display.