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Old 2 November 2008, 02:45 AM   #1
RolexDaytona91
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Do you think this is true?

I was just doing a search to see what the actually value of the pure gold in a Rolex is, and I found the results surprising, but im not sure if the source is legit or not.

The website is some Rolex replica site that compares their fake watches to a real one so I'm not sure if its accurate or if they are just looking for sales.

I have a hard time believing that a solid gold president only has about $2000 worth of gold in it but sells for 10 times that amount, what do you think?

Here's the link.

Link Removed........

by posting this link I do not support buying a replica and in fact I recently sold a replica I had to a pawn shop for $300 because I want to save for a REAL one. I only paid $225 for it brand new. Ill stick with my bulova until that point...and I have an extra $300 now. haha

anyway, if anyone can find any more legit sources I would be interest

~Andrew
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Old 2 November 2008, 02:51 AM   #2
RossInIllinois
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Quote:
Originally Posted by RolexDaytona91 View Post
I was just doing a search to see what the actually value of the pure gold in a Rolex is, and I found the results surprising, but im not sure if the source is legit or not.

The website is some Rolex replica site that compares their fake watches to a real one so I'm not sure if its accurate or if they are just looking for sales.

I have a hard time believing that a solid gold president only has about $2000 worth of gold in it but sells for 10 times that amount, what do you think?

Here's the link.

Link Removed...

by posting this link I do not support buying a replica and in fact I recently sold a replica I had to a pawn shop for $300 because I want to save for a REAL one. I only paid $225 for it brand new. Ill stick with my bulova until that point...and I have an extra $300 now. haha

anyway, if anyone can find any more legit sources I would be interest

~Andrew
Oh Im sure thats about right depending on the gold market. A Rolex sells for 5 to 6 Xs its actual cost to Rolex. Its nothing but money for Rolex and the A/Ds Im sure even the most expensive 18K model lets say a Daytona costs Rolex about $6,000 to produce.
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Old 2 November 2008, 03:05 AM   #3
stevemulholland3
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wait a second andrew,
are you saying you bought a fake for 225 and then turned around and sold it to a pawn shop for 300 and you think that is funny?
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Old 2 November 2008, 03:47 AM   #4
Tools
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I hardly think that a business that is illegal to begin with, is a very reputable source for information.

However, jewelry (or watches) is never sold as a reflection of the value of gold content..
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Old 2 November 2008, 03:49 AM   #5
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It takes all kinds......
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Old 2 November 2008, 04:00 AM   #6
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Originally Posted by stevemulholland3 View Post
wait a second andrew,
are you saying you bought a fake for 225 and then turned around and sold it to a pawn shop for 300 and you think that is funny?
Don't You?!!!!!!!
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Old 2 November 2008, 04:24 AM   #7
Launch Mini
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That sounds about right for the actual amount of gold in that watch.
Have you seen an ounce of gold?
Think about how much mass in actually in the watch & case.
Now it is only 18k, so 75% of the watch is gold, the other 25 is other Lighter, less dense ( = more mass) metals.
I would guess about 2 and a bit oz of gold is about right.
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Old 2 November 2008, 11:51 AM   #8
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There are a lot of people who know the price of everything and the value of nothing.
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Old 2 November 2008, 03:54 PM   #9
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I think the value of a SS daytona's steel is probably less than 100 bucks.
But turning that "inexpensive" metal into something that Rolex can collects lots of money from it is an art of its own form.
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Old 2 November 2008, 11:18 PM   #10
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If you took a Ferrari to a junkyard how much do you think they'd give you for it compared to how much it cost brand new?
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Old 2 November 2008, 11:37 PM   #11
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Quote:
Originally Posted by stevemulholland3 View Post
wait a second andrew,
are you saying you bought a fake for 225 and then turned around and sold it to a pawn shop for 300 and you think that is funny?
Good point steve....Some people have no decency or scruples.

Ripping off a pawn shop is not big or clever.
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