Will a Yacht master 116622 platinum dial hold its value?

[mick121212]

Hi guys..

I've got an opportunity to purchase a SS YM 116622 with a platinum dial for a decent price.. Not really my first choice but if I can get it cheap enough I might have my arm twisted...

I'm just wondering if it'll keep its value relatively well, as it'll be stuck in my safe more than on my wrist.. I don't really have the time to do much research into this as I have to buy quick..

If you could answer on the value question rather than giving opinions about the quick sale I'd appreciate it.. I know the watch is 100% genuine..

Thanks.

[albmich]

No one can predict the future. Buy the watch if you like it and want to wear it. Not because you're hoping and praying it'll hold value. That's the wrong reason.

[padi56]

Originally Posted by albmich

No one can predict the future. Buy the watch if you like it and want to wear it. Not because you're hoping and praying it'll hold value. That's the wrong reason.

Exactly trouble today Rolex watches are seen by some as little more than ££££$$$$$.

[Mystro]

Exactly. Rolex is a luxury watch to be used and enjoyed. Once it is too expensive for some owners to comfortably purchase, it seems to become a commodity and form of currency. Forget about resale on a watch you probably would never sell if you loved it and made memories with it on your wrist. What is even more disturbing is when a honest Rolex is actually used and are dismissed as "over polished" and avoided like the plague.
Now the new Rolex owner is scared to any minor maintenance polishing for fear of devaluing their watch?????
I have not lost hope yet cause there are still guys like DrTom using a platinum Daytona on the race track without hesitation, not worried about every nick and scratch.

Originally Posted by padi56

Exactly trouble today Rolex watches are seen by some as little more than ££££$$$$$.

[uncufunc]

I believe this is the least popular of dial options, so I would think the price wouldn't hold very well. My two cents...

[wuyangkid]

Going rate in the uk for a pre owned platinum dial is about 5 - 5.5k. The newer blue and rhodium dials are about 7k and above

Sent from my SM-G930F using Tapatalk

[Chewbacca]

i think its bottomed out.

its a great purch at $5k - $6k usd

[beshannon]

Originally Posted by mick121212

as it'll be stuck in my safe more than on my wrist..

How long do you plan to keep it in the safe?

[mick121212]

Ok, so if I was to get the watch for £6500, would that be a great purchase?

I shouldn't lose too much on that, imo.

[Hodog16]

6500 pounds is about 8000 USD which is a large enough sum I don't think it's worth buying a watch it doesn't sound like you want, and it's high enough that I don't think it'll be a good investment.

The platinum YM has the same issue as white gold Daytonas. The watches were made for a very long time, and the recent models look just like the older models aside from the clasp for the most part.

However, if it's a watch you want then that is a solid price.

[AK797]

Originally Posted by mick121212

Ok, so if I was to get the watch for £6500, would that be a great purchase?

I shouldn't lose too much on that, imo.

That's a bit high, you'll be looking to get back 5ish, so I'd buy for under 6 if possible but still mint condition.

[Sublovin]

Originally Posted by mick121212

Ok, so if I was to get the watch for £6500, would that be a great purchase?

I shouldn't lose too much on that, imo.

Doesn't seem like that good of a deal. Why not my preowned if you really want a deal and not lose money.
So, you're going to buy a watch you really doesn't like, knowing you're going to lose money? Doesn't make much sense

[mick121212]

Apparently, the list price is £9100 so I think that's a healthy enough discount? Rolex are poor at discounts at the best of times

[Masteryacht]

I'm biased because I own one, but I think they've bottomed as well. I plan to hang on to mine. Who knows about the future. Lots of times things that were once unpopular become more valuable because there weren't as many made and are considered more "rare." The only drawback with the YM being that it has been made for many years. With that said, they are asking way too much for that watch, unless it's unworn and still stickered.
It's under appreciated, but feels fantastic on the wrist. The platinum makes it feel special, more like
a nice piece of jewelry that also happens to tell time. It feels more special than my BLNR, IMO.

[Limc63]

Originally Posted by Masteryacht

I'm biased because I own one, but I think they've bottomed as well. I plan to hang on to mine. Who knows about the future. Lots of times things that were once unpopular become more valuable because there weren't as many made and are considered more "rare." The only drawback with the YM being that it has been made for many years. With that said, they are asking way too much for that watch, unless it's unworn and still stickered.
It's under appreciated, but feels fantastic on the wrist. The platinum makes it feel special, more like
a nice piece of jewelry that also happens to tell time. It feels more special than my BLNR, IMO.

Totally agree with this. I’m lucky enough to have a few watches from Rolex to Breguet and most in between and this watch is absolutely lovely. Got it from watchfinders recently on a good discount and its already one of my favorites because of fit and finish. Love the red against the silver/platinum - it just feels special. The sub is lovely and I have one but it is slightly annoying when all your hear about is the glory hunters after the Hulk and Batman etc. yes they are nice but not worth double resale as the fit and finish is not worth double that of some off the other models, the YM being one of them. That being said, its nice not being on the train with every other guy sporting a black submariner like we all just got one out of the Xmas cracker....

[GMT Aviator]

I bought a pre-owned example that had only been worn once or twice a few years ago. It's completely mint and never been polished. I paid sub £5k for mine and if anything, the price went up as soon as they were discontinued.
It's fair to say it's not a mainstream Rolex sports model, but it is/was unique in the Rolex line up and a first for Rolex design in many ways.
It has a following for sure and I believe will slowly appreciate as the years roll by because it is no longer produced and because of the unique monotone design. There's nothing else quite like it and it's a beautiful piece appreciated by all who own them.

[kohuti02]

Originally Posted by GMT Aviator

I bought a pre-owned example that had only been worn once or twice a few years ago. It's completely mint and never been polished. I paid sub £5k for mine and if anything, the price went up as soon as they were discontinued.
It's fair to say it's not a mainstream Rolex sports model, but it is/was unique in the Rolex line up and a first for Rolex design in many ways.
It has a following for sure and I believe will slowly appreciate as the years roll by because it is no longer produced and because of the unique monotone design. There's nothing else quite like it and it's a beautiful piece appreciated by all who own them.

I'll second that.

Bought mine in Munich, next to Hofbrauhaus during Oktoberfest in 2008. It took me 10 years to fully appreciate it and now it's one of my favs. It will grow on you..

[mick121212]

Just for reference, this is a brand new, warranty, boxed & papers watch from an AD that is closing down. Just in case you were thinking it was second hand or a grey..

I didn't think they'd stopped making them, shows my inexperience with Rolex knowledge..

[shalako]

Just sold a mint pre-owned one from 2011 for £4500, beautiful watch but wouldn't pay £6500 for one.

[javier]

dont buy it dont, It is very similar to some TAG HEUERs models. I had one YM SS PL and when I realized that a Tag Heuer looked almost the same I sold it in a week. Think well about it.

[Jp28]

Unless it is a keeper (which it seems it is not) then £6500 is too high if you are trying to avoid a loss when you move it on.
You will need it to be in low £5k to give comforts which is not likely to happen. So save your money and money and get something you really want.

[Masteryacht]

Originally Posted by javier

dont buy it dont, It is very similar to some TAG HEUERs models. I had one YM SS PL and when I realized that a Tag Heuer looked almost the same I sold it in a week. Think well about it.

That's comical. It doesn't look the slightest bit like a Tag.

[Nairn1980]

Originally Posted by javier

dont buy it dont, It is very similar to some TAG HEUERs models. I had one YM SS PL and when I realized that a Tag Heuer looked almost the same I sold it in a week. Think well about it.

I've seen no Tag Heuer models that look like it....what a stupid comment

The YM Plat SS is a stunning watch, and very unique but has a poor residual. If you're buying to keep, go for it. If you have any plans to flip, you will get a bloody nose. Even at £6,500, if you tried to px it you'd struggle to get 5k.

The fact it's the newer model won't make that much of a difference as they look so similar to the older model. It's now a discontinued dial and £9,100 RRP really is irrelevant as it's trade value is nowhere close. Blue and Rhodium dial versions are £8,500 RRP.

At £6,500 I'd be tempted as it's such a lovely piece but for £6,550 you could get a BLNR from an AD (if you can find one) and that's a millions times better a buy (resale wise). You could also get a Hulk for similar, or something nice from Basel (wishful thinking).

Plus you said you don't particularly love it, so Best Buy something you love.

[Limc63]

Originally Posted by javier

dont buy it dont, It is very similar to some TAG HEUERs models. I had one YM SS PL and when I realized that a Tag Heuer looked almost the same I sold it in a week. Think well about it.

First world problems. So if Casio bring out a product that now looks like your most favorite watch you are going to sell it because it looks the same to some random person who obviously doesn't have a clue about watches...because if they did they would clearly realize that said Casio wasn’t the same as your favorite watch.

How about you just enjoy the watch.

[904VT]

Originally Posted by Limc63

First world problems. So if Casio bring out a product that now looks like your most favorite watch you are going to sell it because it looks the same to some random person who obviously doesn't have a clue about watches...because if they did they would clearly realize that said Casio wasn’t the same as your favorite watch.

How about you just enjoy the watch.

How old is this thread?

Since, it's been bumped....the OP's perspective makes me cringe. Stop buying to store in a safe. That's just not too smart for anyone and to be honest storing an unusable hunk of metal that isn't gold bullion is kind of

[Wmesallem]

Originally Posted by javier

dont buy it dont, It is very similar to some TAG HEUERs models. I had one YM SS PL and when I realized that a Tag Heuer looked almost the same I sold it in a week. Think well about it.

Buy it because you like it. Speaking of tag, it's the one watch I will not buy from a store. Got my 8k grand Carrera still new in box and never worn for 2k on the secondary market. I bought it because I love it, not because it would gain value.

[Tony-GB]

Originally Posted by mick121212

Not really my first choice but if I can get it cheap enough I might have my arm twisted...

Thats it in a nutshell.

Don't buy it.

[immy]

I was looking at the same watch at Leonard dews in Blackpool. I assume it's the same AD as they have just lost their status. I passed on it. Only the discount sung to me, not the watch.

They are clearing all their Rolex stock. Everything reduced by 15% and then ask for another 10% on top as there was a flier sent out to previous customers.

[behardt]

If/when Rolex puts a ceramic bezel on it, I think the value would nose dive. It's not a watch with huge popularity anyway and the bezels age poorly. I really like the rhodium, but I think the plat dial will probably still drop considerably.

[Daytonaman799]

Its GREAT bang for your buck but I wouldn't expect it to move higher anytime soon. I really love the platinum dial and think its a great looking watch. Its awesome for enjoyment but I am not sure about investment.