ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
20 June 2023, 09:11 AM | #31 | |
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I do understand about purchasing for the love. My gold Day Date was my grail that I always wanted and my No Date Sub was one that absolutely wanted to have so I feel like they were money well spent. Now that I am browsing other brands, I find many of them attractive but also want to feel as though I'm making a wise financial decision. This is what prompted my original post as I have come across some beautiful pieces in the category and price range of what I am looking at but due to their lack of value retention, I find myself back at Rolex which I feel like my money would be safe. |
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20 June 2023, 09:13 AM | #32 |
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I could name some but out of respect of those here who may own those peices I rather not as I would not want them to feel like their watch is being looked down on due to me speaking on value retention.
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20 June 2023, 09:18 AM | #33 |
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100% attraction. My OP39 Rhodium is neither valuable nor desirable on the market. I don’t care if I lose money on it or if it quadruples in value. To me it’s just as attractive as my more expensive watches I owned, because I value the design, the dial colours and the knowledge of it being a sporty workhorse.
I also love that almost no one appreciates it. It’s no hype piece, never will be and unlikely to be noticed in public. So it’s only there for one thing: my own pleasure. That’s how I know I won’t part with it for another watch which is the current flavour of the month. |
20 June 2023, 09:45 AM | #34 | |
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To me, and it may just be me, I buy watches because I love them. It's no different for me between buying a watch, buying a car or going on a vacation. When I go on vacation I go places that I love to go, and I am not looking for a wise financial decision when I do. Do I look for the best rates - absolutely. But I may spend $10k on a vacation, which is all money down the drain except for the memories. With a watch, for me, it's the same. I buy them solely on the looks/history/feel/function of the watch and if they move me. They are works of art to me, and I get just as much pleasure out of purchasing/owning them as a vacation does. The financial piece just doesn't play a role in it for me. I do understand how it might play a role with others. To each there own, and there is no right or wrong answer. |
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20 June 2023, 09:47 AM | #35 |
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For me it's often a question of how sure I am of loving a time piece long term. And with experience, I know that only time can tell whether I bond with a certain watch or not. And having the option to exchange it for another after a year or so is a critical factor in deciding to buy a Rolex.
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20 June 2023, 09:53 AM | #36 | |
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20 June 2023, 09:55 AM | #37 | |
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20 June 2023, 09:58 AM | #38 |
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Attraction first
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20 June 2023, 09:59 AM | #39 |
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Put it this way:
I will never buy an ugly watch that is high value. I may buy an attractive (to me) watch that doesn't retain value. I will probably buy a watch that is both attractive and retains value. Sent from my SM-G973U1 using Tapatalk |
20 June 2023, 10:04 AM | #40 |
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I've never sold a watch and have no intention of doing so. While I occasionally take a look at what my watches go for, it's really nothing more than an amusement. I'm glad that most Rolexes retain or even appreciate in value, so I can't say value is of no interest. I'll say I'm 90-10
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20 June 2023, 10:04 AM | #41 |
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Toolishness is the right answer.
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20 June 2023, 10:13 AM | #42 | |
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Sent from my SM-G973U1 using Tapatalk |
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20 June 2023, 10:16 AM | #43 |
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20 June 2023, 10:22 AM | #44 | |
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Same. When I purchase a watch, regardless of the price, I consider that money "gone".
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"Look, he’s winding up the watch of his wit; by and by it will strike." W.S. |
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20 June 2023, 11:04 AM | #45 |
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[QUOTE=amphora001;12820377]True story, I bought the Tag Heuer Carrera twice before deciding it was not the right watch for me, losing thousands in the process.
Sent from my SM-G973U1 Ouch, you live and you learn... |
20 June 2023, 11:21 AM | #46 |
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For me the initial purchase is based on whether I like the watch or not , value is a consideration but not the main motivator.
Beyond the initial purchase though, its a different story. Having a watch that retains its value makes it more attractive and easier to hold onto. |
20 June 2023, 11:35 AM | #47 | |
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20 June 2023, 11:52 AM | #48 |
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Values don’t come into play when I’m purchasing.
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20 June 2023, 12:02 PM | #49 |
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60:40 But I’m also a bit impetuous
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20 June 2023, 12:57 PM | #50 | |
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20 June 2023, 01:03 PM | #51 |
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Rolex stainless professional models are in high demand because people want to buy something with a market value higher than what they pay for it.
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20 June 2023, 01:03 PM | #52 |
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100 % attraction, any watch, any brand.
Then value. But value is important factor. For example, a high cost watch from Hermes or even Omega, well better really be highly attracted to the model.
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20 June 2023, 01:20 PM | #53 |
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100% attraction.
As with anything, value can go up or down and I couldn’t care less. |
20 June 2023, 03:34 PM | #54 | |
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20 June 2023, 04:37 PM | #55 |
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50-50. Let’s be honest here, who amongst us wouldn’t see Rolexes in a different light if their price dropped 50% when you walked out of the store with it? Maybe a small section of the population wouldn’t care - but if you’re a logical buyer and not an emotional buyer, the resale value / price appreciation has got to come into the buying decision.
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20 June 2023, 04:57 PM | #56 | |
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Of the 3 I have currently, I bought my stickered NOS 16600 with zero value consideration. In fact by removing the stickers and wearing it I reduced its value. My TT CHNR was bought "grey" with very little value consideration. There is no question that value retention made the decision to pay over retail a little easier. With my 115609, however, whilst I think it's a beautiful watch and I absolutely love it, would I have dropped that much coin on a watch that was going to tank in value? Probably not...
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Past: 6239 (yes, I know...), 16610, 16600, 116515, 116613LN, 126600, 126711 CHNR Present: 16600, 116509, Cartier Santos Green. |
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20 June 2023, 05:08 PM | #57 |
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My experience with two very stupid (and financially poor) choices proved to me that now my watch buying is based 100% on brand love, which is attractive to me.
Bad choice #1: At the time, I could only afford 1 nice luxury watch. Traded Hulk (116610LV) for Blancpain Fifty-Fathoms. Fell almost immediately out of love with the BPFF and wanted my Hulk back, only to learn that wasn't possible without adding around $3k to a trade. Lesson learned (you would think). Bad choice #2: Same scenario and after getting burned once, you would think I would learn, but NO ... I traded another Hulk (yes, after reacquiring) for a IWC Big Pilot. Same thing happened, but this time the penalty was worse and I never did get the Hulk ever again. Prices went crazy for it and I wasn't able to convince myself to pay those prices to get the Hulk back. Eventually, AD was able to allocate a 12LV for me as a consolation prize. Not sure if anyone else has ever gone through such a thing, but I have learned my lesson. I no longer get bored with my Rolex watches. I love them for what they are and my eye doesn't wander like it used to. Of course, it helps that I now have more Rolex options to wear. |
20 June 2023, 05:17 PM | #58 |
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90% of value and 60% of what i like.
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20 June 2023, 05:43 PM | #59 |
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i like what i buy.
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20 June 2023, 06:23 PM | #60 |
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I have two Rolex, 126710BLRO and 16613LB, those are the two most attractive watches to me.
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