ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

BigBlue1 · 15 February 2018, 12:59 PM

Thoughts?

Justinmg · 15 February 2018, 01:01 PM

Nope, just a watch, hobby, addiction....

AEC · 5 April 2018, 07:49 PM

Quote:

Originally Posted by Justinmg

Nope, just a watch, hobby, addiction....

This.

Chiboy · 15 February 2018, 01:06 PM

No. It may (currently) retain a high % of your purchase price, but that could change. Buying something you love as an investment is, to me, not being honest with yourself.

The above may not be a popular sentiment around here.

rebel_1 · 15 February 2018, 01:07 PM

Quote:

Originally Posted by Chiboy

No. It may (currently) retain a high % of your purchase price, but that could change. Buying something you love as an investment is, to me, not being honest with yourself.

The above may not be a popular sentiment around here.

This

BNA/LION · 15 February 2018, 01:06 PM

Nope!

GolfJunkie · 15 February 2018, 01:07 PM

No

I buy Rolex watches because I love the enjoyment I get out of wearing them. If they gain value great, if not, doesn't bother me one bit.

scooba · 15 February 2018, 04:51 PM

Quote:

Originally Posted by GolfJunkie

No

I buy Rolex watches because I love the enjoyment I get out of wearing them. If they gain value great, if not, doesn't bother me one bit.

I am in this camp

Rogdogg · 15 February 2018, 01:08 PM

Nope, not an investment if you mean you would like to make money out of it. I wouldn't go down that road. Some people get lucky but I think it's difficult to plan for it to happen.

If you are looking to buy a lovely watch that retains it's value better than most others and that you won't take a bath on, well then it's a good investment/purchase over other brands from that point of view. You can buy other brands and after walking out of the store your "investment" is worth an awful lot less.

RolexNorth · 15 February 2018, 01:08 PM

Only as so far as if you're in a pinch for some fast cash, you'd get a slice from a pawn shop or something like that.

rossi46 · 15 February 2018, 01:10 PM

No

Maybe we can sticky one of the threads and then lock down any new thread that gets posted asking the same question?

When half of the threads on Page 1 are variations of "are Rolex watches investments" or "I heard model ____ is going to be discontinued" it really takes down the quality of this forum.

jfmiii · 15 February 2018, 01:14 PM

Quote:

Originally Posted by rossi46

No

Maybe we can sticky one of the threads and then lock down any new thread that gets posted asking the same question?

When half of the threads on Page 1 are variations of "are Rolex watches investments" or "I heard model ____ is going to be discontinued" it really takes down the quality of this forum.

and shows what a bubble most of this hobby is in, imo.

kneedeep · 15 February 2018, 01:12 PM

No, it's a great looking mechanical device to accurately record the passage of time.

Sandpit · 15 February 2018, 01:20 PM

Emotionally yes. Financially never.

aes7.5x55 · 16 February 2018, 12:16 AM

Quote:

Originally Posted by Sandpit

Emotionally yes. Financially never.

Words of wisdom.

DoctorA · 15 February 2018, 01:23 PM

To me the question is : will rolex retain its value?

It’s for sure not an investment but if In addition to wearing it, enjoying it and collecting it, retaining its value or gaining some value wouldn’t hurt!
That’s how I justify to myself buying them as “if” I need to sell any (hopefully never) I would at least get what I paid for it out!

BigBlue1 · 15 February 2018, 01:28 PM

I was just curious as to what people thought is all. I have yet to buy any Rolex or watch for that matter. I am currently on the hunt for a DD I think.

lucevan le stelle · 7 April 2018, 07:17 AM

Quote:

Originally Posted by BigBlue1

I was just curious as to what people thought is all. I have yet to buy any Rolex or watch for that matter. I am currently on the hunt for a DD I think.

Consult your financial advisor accordingly. Thank you.

brucethemanlee · 15 February 2018, 01:28 PM

no

run23 · 15 February 2018, 02:30 PM

People use the word ‘investment’ differently depending on context

If you mean financial investment, like stocks or bonds, then no, of course not, unless of maybe you are a professional watch collector that understands the market.

The colloquial way to use investment is more applicable: will I get a lot of enjoyment over a long period of time that makes this seemingly expensive product worth it? So, someone may ask, if they are starting out on guitar ‘is a Les Paul Standard a good investment’? If you end up playing the guitar for decades and love the Les Paul tone, then yeah, it’s a pretty good ‘investment’. If playing guitar is your hobby of the week and it sits in the corner unplayed, then you’re probably wasting your money.

With a Rolex the answer can often be yes. That is, because of the conservative nature of Rolex (styles have been the same for decades), you could wear a Rolex for the rest of your life (unless your a watch flipping WIS) and then pass on to your ungrateful kids. And if you ever get tired of it you can likely get a lot of your money back. So the outlay is your initial purchase, and the return is getting to wear a watch you love for years. So using the colloquial definition, a Rolex (or other watch that is unlikely to suddenly go out of style) can be a good investment.

AEC · 15 February 2018, 07:31 PM

Quote:

Originally Posted by run23

People use the word ‘investment’ differently depending on context

If you mean financial investment, like stocks or bonds, then no, of course not, unless of maybe you are a professional watch collector that understands the market.

The colloquial way to use investment is more applicable: will I get a lot of enjoyment over a long period of time that makes this seemingly expensive product worth it? So, someone may ask, if they are starting out on guitar ‘is a Les Paul Standard a good investment’? If you end up playing the guitar for decades and love the Les Paul tone, then yeah, it’s a pretty good ‘investment’. If playing guitar is your hobby of the week and it sits in the corner unplayed, then you’re probably wasting your money.

With a Rolex the answer can often be yes. That is, because of the conservative nature of Rolex (styles have been the same for decades), you could wear a Rolex for the rest of your life (unless your a watch flipping WIS) and then pass on to your ungrateful kids. And if you ever get tired of it you can likely get a lot of your money back. So the outlay is your initial purchase, and the return is getting to wear a watch you love for years. So using the colloquial definition, a Rolex (or other watch that is unlikely to suddenly go out of style) can be a good investment.

A good perspective.

Gharddog03 · 15 February 2018, 02:31 PM

Nope!

soundserious · 15 February 2018, 02:32 PM

Yes.

Wait, no.

FSUGeoff · 15 February 2018, 02:35 PM

Yes. It is an investment. A good one? Well thats more complicated. It is a great way to enjoy some beautiful machines for a low total cost, relative to other past times, due to a high percentage of retained value...

bobby81 · 15 February 2018, 02:42 PM

In my experience no. I have just sold a T/T Daytona 116503 [New Model] which I purchased new in March 2017 to fund another T/T Daytona with White MOP eight Diamonds Dial. On the Watch I sold I lost 1,460 GBP which is an awful lot for a Watch that wasn't even a year old. That was the best price I could get having tried five buyers. Some had the cheek to offer me as low as 8,500 GBP which was well off the mark. I think I done well to get 9,750 GBP but I thought I would have got at least 10,000 GBP or a little more. I suppose it wasn't bad for a T/T Daytona, I don't think they hold their value as do the S/S Models but I think the T/T Daytona's are elegant that's why I have ordered my next one with the White MOP eight Diamonds Dial & I also think that they are more practical as a daily Watch. The only drawback is they don't hold their value unfortunately. So as an investment maybe a S/S Model would be a better bet

masterdinh · 15 February 2018, 02:50 PM

Certain ones, clearly yes. Not all of them. Certainly an addiction.

Sent from my iPhone using Tapatalk

zaydans · 15 February 2018, 02:58 PM

That’s not why I love the brand but in the last two years I’ve bought pre owned 5 digit and 6 digit subs and both are worth more now in the market, each about 1k higher than what paid for similar age and condition. No intention of selling them because will pass them to kids one day but nice to know they hold value.

blind2 · 15 February 2018, 03:27 PM

Many people would agree with me (I hope) that investing in depreciating assets is not a great strategy.
Like a watch? Buy it. Wear it.
Invest in Rolexes? Me, I'd rather invest in tulips.

Great forum. Recently found you. First post. Be kind.

BigJoe · 15 February 2018, 03:35 PM

Depends. If you have a Daytona Big Red or Paul Newman you have a huge return on your investment. But a run of the mill Rolex not so much. You just have to choose wisely and also keep it for a long time to see that return..

Romeojk · 15 February 2018, 03:37 PM

I think of my watch as more of a reward

Sent from my iPhone using Tapatalk

15 February 2018, 12:59 PM	#1
BigBlue1 2024 ROLEX DATEJUST41 Pledge Member Join Date: Feb 2018 Real Name: Webmaster Location: Space Watch: it pal ! Posts: 2,956	Is a Rolex an Investment? Thoughts?

15 February 2018, 01:01 PM	#2
Justinmg "TRF" Member Join Date: Apr 2015 Real Name: Justin Location: FL Watch: PO/EXPL Posts: 3,371	Nope, just a watch, hobby, addiction.... __________________ //////////////////////////////// Member of The Nylon Nation Does it do anything? It tells the time.

15 February 2018, 01:06 PM	#4
Chiboy "TRF" Member Join Date: Aug 2016 Location: Chicago Watch: Daytona Posts: 5,572	No. It may (currently) retain a high % of your purchase price, but that could change. Buying something you love as an investment is, to me, not being honest with yourself. The above may not be a popular sentiment around here. __________________ Datejust w/black Tapestry dial (1985) / Daytona (2016)

15 February 2018, 01:06 PM	#6
BNA/LION 2024 SubLV41 Pledge Member Join Date: May 2011 Real Name: Larry Location: San Diego, CA Watch: ROLEX Posts: 25,653	Is a Rolex an Investment? Nope! __________________ ✦ 28238 President DD 18K/YG ✦ 16610LN SS Sub ✦ 16613 18K/SS Serti ✦ 16550 Exp II Non-Rail Cream Dial ✦ Daytona C 116500 ✦ 126710 BLRO GMT-Master II ✦ NEXT-->? ⛳ Hole In One! 10/3/19 DMCC 5th hole, par 3, 168 yards w/ 4-Iron.

15 February 2018, 01:08 PM	#9
Rogdogg 2024 SubLV41 Pledge Member Join Date: Nov 2012 Location: Bangkok Posts: 6,124	Nope, not an investment if you mean you would like to make money out of it. I wouldn't go down that road. Some people get lucky but I think it's difficult to plan for it to happen. If you are looking to buy a lovely watch that retains it's value better than most others and that you won't take a bath on, well then it's a good investment/purchase over other brands from that point of view. You can buy other brands and after walking out of the store your "investment" is worth an awful lot less. __________________ Nil Satis Nisi Optimum

15 February 2018, 01:07 PM	#7
GolfJunkie 2024 SubLV41 Pledge Member Join Date: Jan 2017 Real Name: Eric Location: USA Watch: 252 Posts: 5,103	No I buy Rolex watches because I love the enjoyment I get out of wearing them. If they gain value great, if not, doesn't bother me one bit.

15 February 2018, 01:08 PM	#10
RolexNorth Banned Join Date: Jul 2016 Location: Toronto Watch: YM2SS,SD43,HULK Posts: 558	Only as so far as if you're in a pinch for some fast cash, you'd get a slice from a pawn shop or something like that.

15 February 2018, 01:10 PM	#11
rossi46 2024 Pledge Member Join Date: May 2008 Real Name: Dan Location: CT, by a lake Watch: 16570 Posts: 1,544	No Maybe we can sticky one of the threads and then lock down any new thread that gets posted asking the same question? When half of the threads on Page 1 are variations of "are Rolex watches investments" or "I heard model ____ is going to be discontinued" it really takes down the quality of this forum. __________________ A watch is about the entire package, not just its appearance. Any large watch company not making its own movement is not making a watch at all; they’re just playing dress-up. --The Watch Snob

15 February 2018, 01:12 PM	#13
kneedeep "TRF" Member Join Date: May 2014 Location: Not 2 far from u Posts: 3,457	No, it's a great looking mechanical device to accurately record the passage of time. __________________ Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member "WIS-CON" Las Vegas International GTG 2018

15 February 2018, 01:20 PM	#14
Sandpit "TRF" Member Join Date: Jan 2018 Location: Middle East Posts: 1,808	Emotionally yes. Financially never.

15 February 2018, 01:23 PM	#16
DoctorA "TRF" Member Join Date: Oct 2017 Location: USA Posts: 6,545	To me the question is : will rolex retain its value? It’s for sure not an investment but if In addition to wearing it, enjoying it and collecting it, retaining its value or gaining some value wouldn’t hurt! That’s how I justify to myself buying them as “if” I need to sell any (hopefully never) I would at least get what I paid for it out! __________________ Wear the watch you like, not the one they tell you to wear!

15 February 2018, 01:28 PM	#17
BigBlue1 2024 ROLEX DATEJUST41 Pledge Member Join Date: Feb 2018 Real Name: Webmaster Location: Space Watch: it pal ! Posts: 2,956	I was just curious as to what people thought is all. I have yet to buy any Rolex or watch for that matter. I am currently on the hunt for a DD I think.

15 February 2018, 01:28 PM	#19
brucethemanlee "TRF" Member Join Date: Apr 2016 Location: 1 of 13 Colonies Posts: 8,575	no

15 February 2018, 02:30 PM	#20
run23 "TRF" Member Join Date: Jan 2017 Location: Brooklyn Posts: 590	People use the word ‘investment’ differently depending on context If you mean financial investment, like stocks or bonds, then no, of course not, unless of maybe you are a professional watch collector that understands the market. The colloquial way to use investment is more applicable: will I get a lot of enjoyment over a long period of time that makes this seemingly expensive product worth it? So, someone may ask, if they are starting out on guitar ‘is a Les Paul Standard a good investment’? If you end up playing the guitar for decades and love the Les Paul tone, then yeah, it’s a pretty good ‘investment’. If playing guitar is your hobby of the week and it sits in the corner unplayed, then you’re probably wasting your money. With a Rolex the answer can often be yes. That is, because of the conservative nature of Rolex (styles have been the same for decades), you could wear a Rolex for the rest of your life (unless your a watch flipping WIS) and then pass on to your ungrateful kids. And if you ever get tired of it you can likely get a lot of your money back. So the outlay is your initial purchase, and the return is getting to wear a watch you love for years. So using the colloquial definition, a Rolex (or other watch that is unlikely to suddenly go out of style) can be a good investment.

15 February 2018, 02:31 PM	#22
Gharddog03 "TRF" Member Join Date: Dec 2009 Real Name: Genaro Location: Fresno Ca. Watch: R O L E X Posts: 4,466	Nope!

15 February 2018, 02:32 PM	#23
soundserious "TRF" Member Join Date: Aug 2011 Location: usofmfa Posts: 3,157	Yes. Wait, no. __________________ Instagram: soundsoserious

15 February 2018, 02:35 PM	#24
FSUGeoff "TRF" Member Join Date: Feb 2017 Real Name: Geoffrey Location: Ft. Lauderdale Watch: the Noles Score! Posts: 638	Yes. It is an investment. A good one? Well thats more complicated. It is a great way to enjoy some beautiful machines for a low total cost, relative to other past times, due to a high percentage of retained value... __________________ Watches: 126600, 116610LV, 116660 D-Blue, 114060, Omega Speedmaster Professional, Breitling SuperOcean

15 February 2018, 02:42 PM	#25
bobby81 "TRF" Member Join Date: Dec 2016 Real Name: Noel McKevitt Location: Dublin Ireland Posts: 844	In my experience no. I have just sold a T/T Daytona 116503 [New Model] which I purchased new in March 2017 to fund another T/T Daytona with White MOP eight Diamonds Dial. On the Watch I sold I lost 1,460 GBP which is an awful lot for a Watch that wasn't even a year old. That was the best price I could get having tried five buyers. Some had the cheek to offer me as low as 8,500 GBP which was well off the mark. I think I done well to get 9,750 GBP but I thought I would have got at least 10,000 GBP or a little more. I suppose it wasn't bad for a T/T Daytona, I don't think they hold their value as do the S/S Models but I think the T/T Daytona's are elegant that's why I have ordered my next one with the White MOP eight Diamonds Dial & I also think that they are more practical as a daily Watch. The only drawback is they don't hold their value unfortunately. So as an investment maybe a S/S Model would be a better bet

15 February 2018, 02:50 PM	#26
masterdinh "TRF" Member Join Date: Apr 2009 Location: Mexico Watch: 116610-LV Posts: 704	Certain ones, clearly yes. Not all of them. Certainly an addiction. Sent from my iPhone using Tapatalk __________________ 116500LN Black, 116500LN White 116613LB, 116610 LV 116660 Deep Blue, 126600 116710 BLNR, 326934 Black PAM 24

15 February 2018, 02:58 PM	#27
zaydans "TRF" Member Join Date: Apr 2015 Real Name: Joe Location: CONUS Watch: Rolex 116710 Posts: 994	That’s not why I love the brand but in the last two years I’ve bought pre owned 5 digit and 6 digit subs and both are worth more now in the market, each about 1k higher than what paid for similar age and condition. No intention of selling them because will pass them to kids one day but nice to know they hold value.

15 February 2018, 03:27 PM	#28
blind2 "TRF" Member Join Date: Feb 2018 Location: Upstate Posts: 14	Investment Many people would agree with me (I hope) that investing in depreciating assets is not a great strategy. Like a watch? Buy it. Wear it. Invest in Rolexes? Me, I'd rather invest in tulips. Great forum. Recently found you. First post. Be kind.

15 February 2018, 03:35 PM	#29
BigJoe "TRF" Member Join Date: Nov 2015 Location: Hurst TX Watch: TT blue Sub Posts: 116	Depends. If you have a Daytona Big Red or Paul Newman you have a huge return on your investment. But a run of the mill Rolex not so much. You just have to choose wisely and also keep it for a long time to see that return..

15 February 2018, 03:37 PM	#30
Romeojk 2024 SubLV41 Pledge Member Join Date: Mar 2013 Real Name: Kevin Location: Cape Cod Watch: Submariner 114060 Posts: 1,973	I think of my watch as more of a reward Sent from my iPhone using Tapatalk

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