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28 February 2014, 09:13 AM | #1 |
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why I don't collect vintage Rolex
I was perusing the net and stumbled upon this article (could be old news)
http://watchfreaks.wordpress.com/200...rolex-watches/ Arguing about vintage vs new aside, I think his logic is flawed in that if you are collecting, don't you want to collect something that is in demand? If you spend 30K on a DRSD, which is the grail for many, don't you think it will only go up in price or at least retain its value since there are only that many around and most likely supply will lessen as time goes by? I mean if someone is willing to pay 30K today, there is a high possibility someone is willing to pay 40k down the line, don't you think? Its like saying I don't want to buy a van gogh because its over price. |
28 February 2014, 09:17 AM | #2 |
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It's like any item, business etc of particular value. The value will change over time: up, down then back to the same. Who knows.
A rare watch will likely increase overall but who's to say the hype hasn't sent the prices too high currently?
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28 February 2014, 09:24 AM | #3 |
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Interesting read.
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28 February 2014, 09:52 AM | #4 |
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Like anything, the bottom could drop out. I do think vintage Rolex prices are inflated a bit but every 4 digit and 5 digit Rolex reference that ever will be made has been made.
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28 February 2014, 10:12 AM | #5 |
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Condition, condition, condition!
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28 February 2014, 10:32 AM | #6 |
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mostly, for my personal interests, i agree with the article.
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28 February 2014, 11:30 AM | #7 |
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Top quality examples will always command the highest prices happy hunting
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28 February 2014, 12:44 PM | #8 |
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It's funny to think this blog post is from 2008, and he was complaining about prices back then! Since that's about when I started collecting, that seems like the "good old days" to me compared to today's prices.
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28 February 2014, 12:46 PM | #9 |
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Opinion piece.
The fact of the matter remains that limited supply And red-hot demand world wide is driving prices Out of reach of most. There are plenty of non-rare Vintage Rolex pieces for the rest of us. |
28 February 2014, 01:06 PM | #10 |
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Interesting piece but solely opinion. To each is own. I don't understand the fetish around unreadable faded dials on "mil subs" but they clearly demand a hefty price so...if one can ethically take advantage why not.
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28 February 2014, 05:54 PM | #11 |
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Good for him, and my opinion is that some of his opinion is a bit sensationalist, vague generalisation and not entirely accurate…
"A number of people seem to buy them to be able to show off to other vintage collectors, not for their own pleasure. It also occurred to me that most of the current vintage buyers are mostly focused on the optical aspects of a Rolex and do not care for its condition of the mechanical movement." I don't know anyone who is not interested in the movement, let alone "most". |
28 February 2014, 06:36 PM | #12 |
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that work is ...
just a bunch of banalities and bulls....
the old proverb < sometimes no knowledge is better than a small knowledge > once again perfectly fits ... most likely author dream is to find a vintage Rolex from the 50s in LNIB conditions at the price of a modern model.... but ( quoting " Deadline " ) : < that's the market, baby. the market ! and there's nothing you can do about it. nothing! > |
1 March 2014, 01:46 AM | #13 |
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The most stellar examples of vintage references will always command a stellar price...that much is sure IMHO.
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1 March 2014, 02:30 AM | #14 |
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Blah blah blah. His opinion on vintage prices being too high. I wonder what he would say about the prices of today. I buy what I can afford BECAUSE I LIKE IT. It has nothing to do with his opinions. He can't convince me that modern Rolex movements are "better" either. Different, yes......but not necessarily better.
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1 March 2014, 02:22 AM | #15 |
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It's a opinion of someone who knows what he knows and has a forum to voice his opinion. He has his and others have their own. M
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1 March 2014, 07:30 PM | #16 |
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Why I do collect Vintage Rolex:
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1 March 2014, 11:43 PM | #17 |
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2 March 2014, 12:46 AM | #18 |
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Some get it, some don't.
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2 March 2014, 01:15 AM | #19 |
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Few things are more satisfying than enjoying a comfortable vintage.
dP
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3 March 2014, 12:20 AM | #20 |
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Each market segment needs interested buyers. If the chap is interested in buying only new watches, then good on him. Its like any collectors interest, you either buy new pieces produced in the millions because you like them, or you buy more or less limited end of production pieces because you like them. I know which segment I like and where I rather have my bucks "invested"...
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3 March 2014, 05:34 AM | #21 |
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Vintage Rolex are great when you have them for many years they have always gone up in value if you purchased them for below wholesale price
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