ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
|
12 August 2017, 01:45 AM | #1 |
"TRF" Member
Join Date: May 2017
Real Name: Dan
Location: USA
Watch: Tudor, Carl F. Buc
Posts: 1,580
|
Which Rolex model increases most on an annual basis?
My 1991 Submariner seems to increase 5-8% annually based on tracking internet pricing for this model. What are your thoughts?
|
12 August 2017, 01:49 AM | #2 |
"TRF" Member
Join Date: Jun 2017
Real Name: Ken
Location: Europa
Watch: 216570
Posts: 693
|
Not sure I would bet the kids college fund on it, if history has taught us anything.
|
12 August 2017, 01:51 AM | #3 |
2024 SubLV41 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 37,355
|
Rolex was moving the prices upmarket regularly. They stopped that for now. I think you should be pleased with your appreciation but don't bank on any more, at least with respect to inflation and opportunity cost.
__________________
|
12 August 2017, 03:39 AM | #4 | |
Member
Join Date: Feb 2017
Location: USA <> BKK
Posts: 6,160
|
Quote:
The people who are buying a Sub in 2017 and thinking 'wow, just look at the values of the Sub from 25 years ago, mine will increase in value proportionally the same!' are super far from the truth IMO. This whole 'Rolex will always be worth the same or more!' is starting to fizzle out. The price increases aren't going to come like they did previously. Also, as a side note, if you paid $2250 for a brand new Sub date in 1990, and its worth $5000 now, you have not 'profited' $2750. You've profited more along the lines of $700 (and of course got to wear the watch the entire time). Definitely a great purchase, anything that holds its value over time is great......but there's a lot of misinformed posting about the true 'profit' amount on older watches. |
|
12 August 2017, 01:51 AM | #5 |
"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
|
I do not know how there is anyway to accurately calculate this.
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
12 August 2017, 01:51 AM | #6 |
"TRF" Member
Join Date: May 2016
Location: Asia
Posts: 714
|
Paul Newman Daytona!
|
12 August 2017, 02:16 AM | #7 |
"TRF" Member
Join Date: May 2017
Real Name: Dan
Location: USA
Watch: Tudor, Carl F. Buc
Posts: 1,580
|
|
12 August 2017, 01:53 AM | #8 | |
"TRF" Member
Join Date: Apr 2015
Location: Houston
Posts: 17,622
|
Quote:
that seems like a high return if you are calculating it in real terms. |
|
12 August 2017, 02:02 AM | #9 | |
"TRF" Member
Join Date: Dec 2016
Location: Westport, CT
Posts: 294
|
Quote:
Nope... Not even close. You can't get more than ~$5800 for that today. 8% would mean you can get $21k for that today. Sent from my iPhone using Tapatalk Pro |
|
12 August 2017, 02:07 AM | #10 |
Banned
Join Date: Feb 2014
Location: UK / Spain
Watch: 39mm Explorer
Posts: 1,990
|
What goes up nearly always comes down just to go back up again and a Rolex is no different.
Just keep your fingers crossed that 40mm does not go way out of fashion. Would you buy a 34mm watch, they were once fashionable and trendy but today very unpopular and hard to shift. Nothing is assured. |
13 August 2017, 04:05 AM | #11 | |
"TRF" Member
Join Date: Jul 2015
Real Name: Aaron
Location: portland, or
Watch: 126610LN
Posts: 531
|
Quote:
|
|
12 August 2017, 02:15 AM | #12 |
"TRF" Member
Join Date: May 2017
Real Name: Dan
Location: USA
Watch: Tudor, Carl F. Buc
Posts: 1,580
|
|
12 August 2017, 02:19 AM | #13 |
"TRF" Member
Join Date: Apr 2015
Location: Houston
Posts: 17,622
|
|
12 August 2017, 03:53 AM | #14 | |
"TRF" Member
Join Date: May 2016
Location: TX
Watch: iwatch
Posts: 390
|
Quote:
Also $5,000.00 in 1991 has the same buying power as $9,022.12 in 2017, which is more than a new SubC The only watches 'appreciating' are vintage references and even those I wouldn't build an investment portfolio around. |
|
12 August 2017, 04:29 AM | #15 | |
"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
|
Quote:
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
|
12 August 2017, 11:10 AM | #16 | |
2024 SubLV41 Pledge Member
Join Date: Apr 2008
Real Name: jP
Location: Texas
Watch: GMT-MASTER
Posts: 17,319
|
Quote:
__________________
Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics. |
|
12 August 2017, 06:11 AM | #17 | |
"TRF" Member
Join Date: May 2017
Real Name: Dan
Location: USA
Watch: Tudor, Carl F. Buc
Posts: 1,580
|
Quote:
Thanks for the challenge. The actual compounded growth rate is 4.3%! https://www.minus4plus6.com/PriceEvolution.php A Submariner cost $2000 in 1992. If we all agree that a Submariner would sell for $5800, then the annual compounded growth is 4.3%. I did this for a living at one point. |
|
12 August 2017, 02:25 AM | #18 |
Banned
Join Date: Jul 2017
Real Name: Mike
Location: Penn
Watch: Submariner
Posts: 145
|
Certain Milgauss will be interesting
|
12 August 2017, 02:43 AM | #19 |
"TRF" Member
Join Date: Apr 2017
Real Name: Cris
Location: Huntington Beach
Watch: OmegaRolexPanerai
Posts: 41
|
16610v AKA Kermit
Without a doubt. |
12 August 2017, 07:36 AM | #20 |
"TRF" Member
Join Date: Aug 2014
Location: Western Europe
Posts: 609
|
|
13 August 2017, 04:06 AM | #21 | |
"TRF" Member
Join Date: Aug 2009
Location: USA
Posts: 19,706
|
Quote:
You can collect anything you want. Shrunken heads, belly button lint, nice watches. That doesn't mean that others will pay way beyond original price for them. |
|
13 August 2017, 07:40 AM | #22 | |
"TRF" Member
Join Date: Dec 2011
Location: Berkshire,England
Posts: 362
|
Quote:
Lovely watches but not rare at all. Look at how many are for sale...... |
|
12 August 2017, 02:55 AM | #23 |
"TRF" Member
Join Date: Apr 2015
Location: London, UK
Watch: Rose Daytona
Posts: 672
|
Not sure about that one my friend
__________________
Instagram: @rcwatches Facebook: @rcwatches |
12 August 2017, 03:55 AM | #24 |
Banned
Join Date: Feb 2015
Location: Surrey
Posts: 1,659
|
|
12 August 2017, 02:50 AM | #25 |
2024 SubLV41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 78,116
|
The one you buy at the right price
|
12 August 2017, 03:28 AM | #26 |
"TRF" Member
Join Date: Apr 2013
Location: U.S.A.
Posts: 2,796
|
|
13 August 2017, 03:15 AM | #27 |
"TRF" Member
Join Date: Jan 2013
Real Name: Sage
Location: MENA
Posts: 1,563
|
|
12 August 2017, 04:02 AM | #28 |
2024 SubLV41 Pledge Member
Join Date: Dec 2009
Real Name: The Mystro ;)
Location: Central Pa.
Posts: 15,513
|
If you break even after 20 years of ownership you did fine. I played the 20 year ownership investment game from new. I broke even. Honestly, I could care less. These are luxury toys/hobbie and not a investment.
__________________
|
12 August 2017, 06:00 AM | #29 |
"TRF" Member
Join Date: May 2017
Real Name: Dan
Location: USA
Watch: Tudor, Carl F. Buc
Posts: 1,580
|
I believe this is the answer. 20 years of luxury on your arm and get your money back. Kind of like investing in CD's but get to enjoy wearing a Rolex.
|
12 August 2017, 04:08 AM | #30 |
"TRF" Member
Join Date: Dec 2008
Real Name: Jay
Location: TEXAS
Watch: Daytona
Posts: 7,648
|
Most of the increase in used Rolex price the last 20 years has to do with Rolex increasing prices on new models, and some small improvements to try to justify the price increase.
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.