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letters · 5 August 2011, 10:19 AM

I wanted to get some input on something I've been thinking about too much lately.

I currently don't own any Rolex watch, I wanted my first one to be special and I've been eyeing all of the models.

Just as I've decided a DJ II would be a good first Rolex, I've got it in my head lately that I should keep saving for the ultimate, a Plat DD II, then call it quits...go big, go home, go out with a bang.

My conservative side says, that's way too much for anything, I should stick with the DJ II...(which I know will eventually lead me to purchasing a few more watches down the road including a green sub-c, a 15300 Royal Oak, and maybe the new Exp II)

glad to read your comments.

Jason71 · 5 August 2011, 10:21 AM

If you really want the Platinum DD, then you might as well save for it because you will probably end-up with it anyways.

gasman94 · 5 August 2011, 10:27 AM

The most expensive watch you will ever own is the watch you got instead of the watch you wanted. You will end up getting the watch you wanted eventually. That being said, which one do you really want? Not the cheapest, not the "ultimate" example. Which one do YOU really want to wear every day?

Gasman

dddrees · 5 August 2011, 10:28 AM

The choice is ultimately yours.

However when choosing a precious metal watch like the Platinum DDII you can take a huge depreciation cost if you should chose to buy one new and ever attempt to re-sell it. Make sure you really want it before you get it. For that kind of money I would have to seriously consider getting a Patek instead anyway.

If you purchase a DJII the initial cost won't be as costly and if you do chose to get others well you could have more options for your money.

Joey_V · 5 August 2011, 10:40 AM

Plat DDII is the ultimate, if that's what you want - I'd suggest saving up now. The longer you wait, the more the price increases you will incur.

ManUtd · 5 August 2011, 10:45 AM

If the Platinum DDII is the one that you really want, save up for it.

Harrya · 5 August 2011, 11:05 AM

My advise would be to buy what you want as long as it is within your means. I think it's sad for people to finance a watch or have to save up a long time for one. If someone has to save up. A long time for a Rolex they probably can't afford one as they are most certainly not saving for more important things in life such as retirement.

tkc324 · 5 August 2011, 11:26 AM

Get the plat dd, but if it was up to me I would get it used. The resell really stinks.

MortgageGuy · 5 August 2011, 01:26 PM

I will go against the grain here and say grab the DJ II now and enjoy it. First of all it is nice to have a collection with a few watches in it rather than just one grail. As for the Platty DD if it was me, I would want the platty until I got it and then I would have another grail

Grab the watch you want it, wear and enjoy

For me the Platty DD is just not even in the realm of possibilities nor my style

mocheen · 5 August 2011, 01:45 PM

Quote:

Originally Posted by Harrya

My advise would be to buy what you want as long as it is within your means. I think it's sad for people to finance a watch or have to save up a long time for one. If someone has to save up. A long time for a Rolex they probably can't afford one as they are most certainly not saving for more important things in life such as retirement.

I would have to disagree with you on this one. I have saved up and paid cash for every one of my watches. I appreciate each watch knowing that I saved and had time to know that I truly wanted each and every watch I bought. That does not mean that I cannot afford it. Both my wife and I max out our 401K plans and contibute to multiple 529 plans. We also invest in mutual funds and individual stocks outside of our retirement plans. We have at least 6 months savings in the bank. Our cars are all paid for. We have tuition for two children in private school, chinese school, basketball,soccer and swimming lessons. We also live in a million dollar house in the Bay Area which is not saying much. I enjoy collecting watches, but it is not a priority and is more of a hobby. I simply put aside a little money each month to use for recreation and entertainment. Given the nature of the economy I think it is wise to save and contemplate your large purchases rather than making spontaneous decisions. There are so many watches out there that I would like to own, but with limited funds, I have to make sure I am getting a watch that I really want. Sure I could sell 100 shares of Apple and buy a watch but that would not make good financial sense to me. I am just a simple middle class worker who appreciates nice watches.

Mr. K · 5 August 2011, 02:24 PM

Quote:

Originally Posted by tkc324

get the plat dd, but if it was up to me i would get it used. The resell really stinks.

x2

dpkong · 5 August 2011, 03:32 PM

hunt for pre-owned if you want to save some money. and buy the watch that you keep thinking of because once you have one Rolex, there will almost always be the next one...

rayt · 5 August 2011, 10:42 PM

buy what you like,what you can afford too..

pyxis · 5 August 2011, 11:26 PM

Quote:

Originally Posted by Harrya

My advise would be to buy what you want as long as it is within your means. I think it's sad for people to finance a watch or have to save up a long time for one. If someone has to save up. A long time for a Rolex they probably can't afford one as they are most certainly not saving for more important things in life such as retirement.

That's great advice. A watch purchase should not eat into your funding for much more important things.

cferrel · 6 August 2011, 12:30 AM

If you have to finance the Rolex or buying it will cause a dent in your bank account then you cant afford a Rolex.

Better to save and invest. If you do it right a dividend check will pay for the Rolex in time. You will be better off investing your money if you do not have any right now.

Harrya · 6 August 2011, 12:43 AM

Quote:

Originally Posted by mocheen

I would have to disagree with you on this one. I have saved up and paid cash for every one of my watches. I appreciate each watch knowing that I saved and had time to know that I truly wanted each and every watch I bought. That does not mean that I cannot afford it. Both my wife and I max out our 401K plans and contibute to multiple 529 plans. We also invest in mutual funds and individual stocks outside of our retirement plans. We have at least 6 months savings in the bank. Our cars are all paid for. We have tuition for two children in private school, chinese school, basketball,soccer and swimming lessons. We also live in a million dollar house in the Bay Area which is not saying much. I enjoy collecting watches, but it is not a priority and is more of a hobby. I simply put aside a little money each month to use for recreation and entertainment. Given the nature of the economy I think it is wise to save and contemplate your large purchases rather than making spontaneous decisions. There are so many watches out there that I would like to own, but with limited funds, I have to make sure I am getting a watch that I really want. Sure I could sell 100 shares of Apple and buy a watch but that would not make good financial sense to me. I am just a simple middle class worker who appreciates nice watches.

According to what you say you have saved for all the important things in life in addition to your watches. I was referring to those that save or go into debt to buy a luxury item in lieu of saving for the important things in life. We live in an immediate gradification society and hence we are a generation retiring with less than our parents often relying on parents inheritance to fund our own retirement. OK....I'm off the podium now

mocheen · 6 August 2011, 01:56 PM

Quote:

Originally Posted by Harrya

According to what you say you have saved for all the important things in life in addition to your watches. I was referring to those that save or go into debt to buy a luxury item in lieu of saving for the important things in life. We live in an immediate gradification society and hence we are a generation retiring with less than our parents often relying on parents inheritance to fund our own retirement. OK....I'm off the podium now

Sorry, I guess I misconstrued your post. Thank you for clarifying! I appreciate you taking the time to post this up. This is a great forum.

Runnin' Rebel · 6 August 2011, 08:42 PM

Cash is king, always a good deal when you pay cash. The only way I would do a not cash purchase is to get 36 months free interest

FlyingMoose · 7 August 2011, 09:24 AM

I would recommend you see the Plat DDII in real life before deciding. It's honestly not that impressive, pretty bland looking.

SALTY · 8 August 2011, 06:28 AM

Irrespective of whether or not you get a DDII Plat or not and irrespective of whether you purchase a new or pre-owned one, might i respectfully suggest that you get an used inerim Rolex to have and enjoy while you await the right time to get the DDII Plat.

During the interim period, you will,
1. Have a Rolex to own and enjoy;
2. Not take a very big hit if/when you move out of that particular watch;
3. May not desire the DDII Plat after a while and your options will be better with a previously owned and more popular model to flip out of.

Just my two-cents.

ExpII · 8 August 2011, 06:57 AM

Quote:

Originally Posted by gasman94

The most expensive watch you will ever own is the watch you got instead of the watch you wanted. You will end up getting the watch you wanted eventually. That being said, which one do you really want? Not the cheapest, not the "ultimate" example. Which one do YOU really want to wear every day?

Gasman

Well said.

vintage69 · 8 August 2011, 01:44 PM

Time is illrelevant. Save for the plat. Time will pass quickly. When I first wanted a Rolex, I made a modest income. I now own 2.

5 August 2011, 10:19 AM	#1
letters Banned Join Date: Feb 2007 Location: ny Posts: 7	Instant or Delayed Gratification I wanted to get some input on something I've been thinking about too much lately. I currently don't own any Rolex watch, I wanted my first one to be special and I've been eyeing all of the models. Just as I've decided a DJ II would be a good first Rolex, I've got it in my head lately that I should keep saving for the ultimate, a Plat DD II, then call it quits...go big, go home, go out with a bang. My conservative side says, that's way too much for anything, I should stick with the DJ II...(which I know will eventually lead me to purchasing a few more watches down the road including a green sub-c, a 15300 Royal Oak, and maybe the new Exp II) glad to read your comments.

5 August 2011, 10:21 AM	#2
Jason71 "TRF" Member Join Date: Mar 2009 Real Name: Jason Location: USA Watch: Rolex/Tudor Divers Posts: 7,973	If you really want the Platinum DD, then you might as well save for it because you will probably end-up with it anyways. __________________ Best Regards, Jason Just Say "NO" to Polishing Card-Carrying Member of the Global Association of Retro-Grouch Curmudgeons LIfe is too short to wear inexpensive watches PLEXI IS SEXY

5 August 2011, 10:28 AM	#4
dddrees "TRF" Member Join Date: May 2010 Real Name: Dan Location: USA Watch: This N That Posts: 34,253	The choice is ultimately yours. However when choosing a precious metal watch like the Platinum DDII you can take a huge depreciation cost if you should chose to buy one new and ever attempt to re-sell it. Make sure you really want it before you get it. For that kind of money I would have to seriously consider getting a Patek instead anyway. If you purchase a DJII the initial cost won't be as costly and if you do chose to get others well you could have more options for your money. __________________ When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

5 August 2011, 10:40 AM	#5
Joey_V "TRF" Member Join Date: Jan 2008 Real Name: Joey Location: Dallas, TX Watch: SS Sub 16610 M Posts: 3,824	Plat DDII is the ultimate, if that's what you want - I'd suggest saving up now. The longer you wait, the more the price increases you will incur. __________________ Current Rotation: Rolex Submariner Date (M) - 1/08, Rolex Milgauss GV (V) - 2/10, Rolex SS Black Daytona (V) - 6/10, Rolex GMTIIC (G) - 5/11, TAG Heuer Silverstone (286/1860) - 1/2015 Former-watches: Omega PO/2535.80/2254, TAG Carrera/F1x2/Monaco, Panerai 312K/292L Wish List: Panerai 270/505, Rolex SMURF, Rolex RG Daytona, Rolex DSSD

5 August 2011, 10:45 AM	#6
ManUtd "TRF" Member Join Date: Jun 2011 Real Name: Eric Location: SF Bay Area Posts: 1,613	If the Platinum DDII is the one that you really want, save up for it. __________________ 116520 116610LN 126334 126600 PAM986

5 August 2011, 10:27 AM	#3
gasman94 "TRF" Member Join Date: Apr 2011 Location: arlington texas Posts: 25	The most expensive watch you will ever own is the watch you got instead of the watch you wanted. You will end up getting the watch you wanted eventually. That being said, which one do you really want? Not the cheapest, not the "ultimate" example. Which one do YOU really want to wear every day? Gasman

5 August 2011, 11:05 AM	#7
Harrya Banned Join Date: Jun 2011 Real Name: Harry Location: Texas Watch: Rolex Posts: 74	My advise would be to buy what you want as long as it is within your means. I think it's sad for people to finance a watch or have to save up a long time for one. If someone has to save up. A long time for a Rolex they probably can't afford one as they are most certainly not saving for more important things in life such as retirement.

5 August 2011, 11:26 AM	#8
tkc324 "TRF" Member Join Date: Sep 2009 Real Name: Tom Location: Chi town Watch: Daytona AP DD Sub Posts: 3,717	Get the plat dd, but if it was up to me I would get it used. The resell really stinks.

5 August 2011, 01:26 PM	#9
MortgageGuy "TRF" Member Join Date: Jun 2009 Real Name: Adam Location: Orlando, Florida Watch: Me Posts: 9,935	I will go against the grain here and say grab the DJ II now and enjoy it. First of all it is nice to have a collection with a few watches in it rather than just one grail. As for the Platty DD if it was me, I would want the platty until I got it and then I would have another grail Grab the watch you want it, wear and enjoy For me the Platty DD is just not even in the realm of possibilities nor my style __________________ The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki

5 August 2011, 03:32 PM	#12
dpkong "TRF" Member Join Date: Jan 2010 Real Name: Don Location: Borneo Watch: it! Posts: 864	hunt for pre-owned if you want to save some money. and buy the watch that you keep thinking of because once you have one Rolex, there will almost always be the next one...

5 August 2011, 10:42 PM	#13
rayt "TRF" Member Join Date: Jan 2009 Location: Earth Watch: must be rolex Posts: 630	buy what you like,what you can afford too..

6 August 2011, 12:30 AM	#15
cferrel "TRF" Member Join Date: Aug 2011 Location: texas Watch: Explorer Posts: 101	If you have to finance the Rolex or buying it will cause a dent in your bank account then you cant afford a Rolex. Better to save and invest. If you do it right a dividend check will pay for the Rolex in time. You will be better off investing your money if you do not have any right now.

6 August 2011, 08:42 PM	#18
Runnin' Rebel "TRF" Member Join Date: Jan 2010 Real Name: Mark Location: 🤔 Posts: 8,424	Cash is king, always a good deal when you pay cash. The only way I would do a not cash purchase is to get 36 months free interest __________________ ♛

7 August 2011, 09:24 AM	#19
FlyingMoose "TRF" Member Join Date: Dec 2007 Location: New York, USA Posts: 502	I would recommend you see the Plat DDII in real life before deciding. It's honestly not that impressive, pretty bland looking.

8 August 2011, 06:28 AM	#20
SALTY "TRF" Member Join Date: Sep 2007 Location: USA Watch: Your Six Posts: 1,500	Irrespective of whether or not you get a DDII Plat or not and irrespective of whether you purchase a new or pre-owned one, might i respectfully suggest that you get an used inerim Rolex to have and enjoy while you await the right time to get the DDII Plat. During the interim period, you will, 1. Have a Rolex to own and enjoy; 2. Not take a very big hit if/when you move out of that particular watch; 3. May not desire the DDII Plat after a while and your options will be better with a previously owned and more popular model to flip out of. Just my two-cents.

8 August 2011, 01:44 PM	#22
vintage69 "TRF" Member Join Date: Jul 2008 Real Name: Bob W Location: sunny sw Watch: 1969 p date Posts: 382	Time is illrelevant. Save for the plat. Time will pass quickly. When I first wanted a Rolex, I made a modest income. I now own 2.

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