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wuzzzer · 11 March 2012, 10:35 AM

Since the 14060M Oyster Perpetual Sub is being discontinued, any thoughts on the investment aspect of it? Its the closest thing to an original Sub that can still be purchased new.

Your opinion?

sleddog · 11 March 2012, 10:42 AM

Never buy a watch as an investment....Think of it more as money in the bank!
As for the future, who knows really!?!?! There's so many around, I doubt it will become the next DRSD.

If you like the watch and it's history, go for it!

bigwatchman · 11 March 2012, 10:45 AM

Its a great watch. It will retain value. Not an investment, but a safe purchase. If you like it, buy it while you can.

GradyPhilpott · 11 March 2012, 10:46 AM

There it is.

gwalker · 11 March 2012, 10:48 AM

No. They made TONs of these. You could prob buy new and put it in a safe and sell for a good amount in 20 years. That said its not an investment. Like was said above its not going to be worth $60k in 10 years because it was discontinued. Look at older subs and GMTs. They are worth a little more than what they were new but Rolex simply makes too many watches for any modern models to be rare in the future.

RC2 · 11 March 2012, 10:51 AM

I have one and think its a great modern sub. Plain clear dial that reminds us of the subs of the early days rich

horseco · 11 March 2012, 10:52 AM

Quote:

Originally Posted by gwalker

No. They made TONs of these. They are worth a little more than what they were new but Rolex simply makes too many watches for any modern models to be rare in the future.

I agree 100%

Ceramic · 11 March 2012, 10:55 AM

If you buy a nice clean second hand one then yes it can be an ivestment watch in a 4-5 years time which will make you profit a few hundreds or a thousand max. Watch is not a good investment, but if you consider the enjoyment of wearing it and a small profit together, then it is a great investment.

mike · 11 March 2012, 11:19 AM

Quote:

Originally Posted by RC2

I have one and think its a great modern sub. Plain clear dial that reminds us of the subs of the early days rich

Dr. Robert · 11 March 2012, 11:21 AM

three cheers for old school subs.................

Rockrolex · 11 March 2012, 11:30 AM

Quote:

Originally Posted by wuzzzer

Since the 14060M Oyster Perpetual Sub is being discontinued, any thoughts on the investment aspect of it? Its the closest thing to an original Sub that can still be purchased new.

Your opinion?

Buying any watch as an investment reminds me of the old saw: If you want to make $1MM buying and selling watches, start with $2MM.

As has been said, never buy a watch as an investment. If you want an investment, go to a good financial adviser and put your money into stocks and bonds. Over time, that will make you more money than watches.

ecsub44 · 11 March 2012, 11:38 AM

Consider all of the other discontinued Subs...they aren't worth anything more because they are discontinued. A last-year 5513 is worth the same as a first year 14060 (give or take).

HL65 · 11 March 2012, 11:42 AM

Answer: No. Buy it because you like it and will enjoy it and that in itself is the best investment!

guyrolex · 11 March 2012, 11:44 AM

X2

eric23 · 11 March 2012, 11:45 AM

I am getting one, but not for an investment.

Perdu · 11 March 2012, 12:13 PM

If you want a sub no date that probably always going to be wanted it would be the 5513, or one of the earlier models.

onkyo · 11 March 2012, 12:22 PM

Great watch..... but not as an investment (to appreciate) IMHO.

GradyPhilpott · 11 March 2012, 12:47 PM

The best reasons to buy a 14060M are:

1. It's a damn good-looking, classic watch.

2. It is a hell of a bargain.

There may be more, but that's was enough for me to buy mine in anticipation last year.

77T · 11 March 2012, 01:06 PM

Doubt it would grow in value during our lifetimes. Buy it to love it.

If you have the money to spend - buy BNIB, leave the stickers on, hermetically seal it in a time capsule, put it in a cornerstone of a new building, have them keep it sealed for 300 years and you'll have an antique worth more than you paid...maybe.

On the other hand, take 5 Krugerrands (about the same value as a new 14060M) and do the same thing...which do you think will have more value?

I'd hang with the gold

GradyPhilpott · 11 March 2012, 01:15 PM

300 years?

padi56 · 11 March 2012, 06:48 PM

Quote:

Originally Posted by wuzzzer

Since the 14060M Oyster Perpetual Sub is being discontinued, any thoughts on the investment aspect of it? Its the closest thing to an original Sub that can still be purchased new.

Your opinion?

Rolex watches are not investments they are watches to be worn and enjoyed for decades hopefully in good health.Now after getting the pleasure of owning and wearing one of the finest mechanical watches made today.Then if you do have to sell it and you get a good return on original price paid.Then think of it as a bonus on owning and wearing that watch over those years.Now thats whats owning a Rolex is about its not just all ££££££$$$$$$$$$$ only buy if you want to own a fine watch.

Lol-x · 11 March 2012, 07:00 PM

Quote:

Originally Posted by Rockrolex

Buying any watch as an investment reminds me of the old saw: If you want to make $1MM buying and selling watches, start with $2MM.

.....

Well to me that means that you can earn 50% margin because if you have $2million and that makes you $1million then you have $3million.

That's a pretty good investment/return if you ask me because you will not get 50% profit from keeping your money in the bank

So buy a $6K Sub and before you know it, it will be worth $9K. makes sense to me

Nice going boss

Kingair · 11 March 2012, 07:59 PM

Quote:

Originally Posted by Lol-x

Well to me that means that you can earn 50% margin because if you have $2million and that makes you $1million then you have $3million.

That's a pretty good investment/return if you ask me because you will not get 50% profit from keeping your money in the bank

So buy a $6K Sub and before you know it, it will be worth $9K. makes sense to me

Nice going boss

I agree
Let's get started, tomorrow ?

Have a nice sunday

Darlinboy · 11 March 2012, 08:53 PM

Quote:

Originally Posted by gwalker

...but Rolex simply makes too many watches for any modern models to be rare in the future.

I dunno - they may only sell one or two of those fugly sky swellers. That might make them quite valuable in 50 years.

dddrees · 11 March 2012, 09:14 PM

It's only an investment in ones happiness if you buy and enjoy you purchase for a great number of years to come.

Historically they have retained a good portion of their monetary value. This is history and when it comes to the future there are no guarantees.

WatchTimes · 12 March 2012, 01:53 AM

Buy gold, buy stocks, put your money in a CD or something
if you want to invest... A watch is something to buy and wear.

sea-dweller · 12 March 2012, 02:30 AM

Buy it to save or wear, but only time will tell if it will be worth much more in the future.

z32turbo · 12 March 2012, 03:09 AM

I think you would need to keep it for several decades before it could be a "good" investment.

bewithabob · 12 March 2012, 03:14 AM

Buy it because you like it, but if you don't have another just like it, you will surely end up wearing and enjoying it even more because a) it's such a great looking watch; b) it's iconic! and c) it's a ROLEX!

Ed Rooney · 12 March 2012, 03:17 AM

Buy one because it is a classic.

As far as an investment, look at how the Sub 16610, GMT 16710 and SD 16600 have performed since being discontinued. They are appreciating in value, but no double-reds there.

11 March 2012, 10:35 AM	#1
wuzzzer "TRF" Member Join Date: Apr 2008 Location: USA Posts: 384	14060M being discontinued - good investment?? Since the 14060M Oyster Perpetual Sub is being discontinued, any thoughts on the investment aspect of it? Its the closest thing to an original Sub that can still be purchased new. Your opinion?

11 March 2012, 10:42 AM	#2
sleddog TRF Moderator & 2024 SubLV41 Patron Join Date: Jul 2007 Real Name: Rob Location: Nearby. Posts: 24,931	Never buy a watch as an investment....Think of it more as money in the bank! As for the future, who knows really!?!?! There's so many around, I doubt it will become the next DRSD. If you like the watch and it's history, go for it! __________________ He who wears a Rolex is always on time, even when late!! TRF's "After Dark" Bar & Nightclub Patron-Founding Member..

11 March 2012, 10:46 AM	#4
GradyPhilpott 2024 SubLV41 Pledge Member Join Date: Sep 2008 Location: New Mexico Watch: Seiko #SRK050 Posts: 34,460	There it is. __________________ JJ Inaugural TRF $50 Watch Challenge Winner

11 March 2012, 10:51 AM	#6
RC2 "TRF" Member Join Date: Sep 2009 Real Name: Rich Location: NC Watch: Rolex 1675 Posts: 2,359	I have one and think its a great modern sub. Plain clear dial that reminds us of the subs of the early days rich __________________ Rich Member of Nylon Nation Red Sox Nation Instagram watchguy97

11 March 2012, 11:21 AM	#10
Dr. Robert 2024 SubLV41 Pledge Member Join Date: Dec 2009 Real Name: Bob Location: U.S.A. Watch: 1655 Posts: 64,257	three cheers for old school subs................. __________________ Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

11 March 2012, 10:45 AM	#3
bigwatchman "TRF" Member Join Date: Jul 2010 Real Name: Scott Location: North Carolina Posts: 1,307	Its a great watch. It will retain value. Not an investment, but a safe purchase. If you like it, buy it while you can.

11 March 2012, 10:48 AM	#5
gwalker "TRF" Member Join Date: Jul 2011 Real Name: Gunter Location: AL/NJ Watch: DSSD; 116610LN Posts: 5,509	No. They made TONs of these. You could prob buy new and put it in a safe and sell for a good amount in 20 years. That said its not an investment. Like was said above its not going to be worth $60k in 10 years because it was discontinued. Look at older subs and GMTs. They are worth a little more than what they were new but Rolex simply makes too many watches for any modern models to be rare in the future.

11 March 2012, 10:55 AM	#8
Ceramic Member Join Date: Jul 2010 Real Name: David Location: Australia Watch: 116610LN Posts: 273	If you buy a nice clean second hand one then yes it can be an ivestment watch in a 4-5 years time which will make you profit a few hundreds or a thousand max. Watch is not a good investment, but if you consider the enjoyment of wearing it and a small profit together, then it is a great investment.

11 March 2012, 11:38 AM	#12
ecsub44 "TRF" Member Join Date: Feb 2011 Location: US Watch: Sub Posts: 3,175	Consider all of the other discontinued Subs...they aren't worth anything more because they are discontinued. A last-year 5513 is worth the same as a first year 14060 (give or take). __________________ *侘寂 -- wabi-sabi --* acceptance of transience and imperfection by finding beauty in that which is imperfect, impermanent, and incomplete Commissioner of WEIRD POLICE , Badge # ecsub44

11 March 2012, 11:42 AM	#13
HL65 TRF Moderator & 2024 SubLV41 Patron Join Date: Dec 2007 Real Name: Ken Location: SW Florida Watch: One on my wrist. Posts: 64,006	Answer: No. Buy it because you like it and will enjoy it and that in itself is the best investment! __________________ *SPEM SUCCESSUS ALIT*

11 March 2012, 11:44 AM	#14
guyrolex Member Join Date: Dec 2010 Real Name: John Location: Canada Watch: DSSD, SubC LV Posts: 258	X2

11 March 2012, 11:45 AM	#15
eric23 "TRF" Member Join Date: Apr 2008 Real Name: Eric Location: Calgary Posts: 9,595	I am getting one, but not for an investment.

11 March 2012, 12:13 PM	#16
Perdu "TRF" Member Join Date: Jul 2007 Real Name: Gary Location: GMT-6 Watch: GMT Posts: 3,350	If you want a sub no date that probably always going to be wanted it would be the 5513, or one of the earlier models. __________________ Omega Seamaster 300M GMT Noire Omega Seamaster Aqua Terra 8500 Benson 1937 Sterling Silver Hunter

11 March 2012, 12:22 PM	#17
onkyo Banned Join Date: Apr 2008 Real Name: Pav Location: Manhattan Posts: 11,495	Great watch..... but not as an investment (to appreciate) IMHO.

11 March 2012, 12:47 PM	#18
GradyPhilpott 2024 SubLV41 Pledge Member Join Date: Sep 2008 Location: New Mexico Watch: Seiko #SRK050 Posts: 34,460	The best reasons to buy a 14060M are: 1. It's a damn good-looking, classic watch. 2. It is a hell of a bargain. There may be more, but that's was enough for me to buy mine in anticipation last year. __________________ JJ Inaugural TRF $50 Watch Challenge Winner

11 March 2012, 01:06 PM	#19
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,016	Doubt it would grow in value during our lifetimes. Buy it to love it. If you have the money to spend - buy BNIB, leave the stickers on, hermetically seal it in a time capsule, put it in a cornerstone of a new building, have them keep it sealed for 300 years and you'll have an antique worth more than you paid...maybe. On the other hand, take 5 Krugerrands (about the same value as a new 14060M) and do the same thing...which do you think will have more value? I'd hang with the gold __________________ Does anyone really know what time it is?

11 March 2012, 01:15 PM	#20
GradyPhilpott 2024 SubLV41 Pledge Member Join Date: Sep 2008 Location: New Mexico Watch: Seiko #SRK050 Posts: 34,460	300 years? __________________ JJ Inaugural TRF $50 Watch Challenge Winner

11 March 2012, 09:14 PM	#25
dddrees "TRF" Member Join Date: May 2010 Real Name: Dan Location: USA Watch: This N That Posts: 34,253	It's only an investment in ones happiness if you buy and enjoy you purchase for a great number of years to come. Historically they have retained a good portion of their monetary value. This is history and when it comes to the future there are no guarantees. __________________ 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

12 March 2012, 01:53 AM	#26
WatchTimes 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jun 2008 Real Name: JYogi/Jeremy Location: Metro Detroit USA Watch: It's a Rolex! Posts: 5,787	Buy gold, buy stocks, put your money in a CD or something if you want to invest... A watch is something to buy and wear. __________________ "You won't rise to the occasion - you'll default to your level of training." Barrett Tillman Kentucky Colonel, Tennessee Squire & Combat Leprechaun

12 March 2012, 02:30 AM	#27
sea-dweller "TRF" Member Join Date: Oct 2007 Real Name: Dennis Location: Bay Area - 925 Posts: 40,018	Buy it to save or wear, but only time will tell if it will be worth much more in the future.

12 March 2012, 03:09 AM	#28
z32turbo "TRF" Member Join Date: Apr 2009 Location: Sea Level Watch: Varies Posts: 6,877	I think you would need to keep it for several decades before it could be a "good" investment. __________________ Instagram @z32turbo

12 March 2012, 03:14 AM	#29
bewithabob "TRF" Member Join Date: Jan 2008 Real Name: Bob Location: Dallas, Texas Watch: Daytona Meteorite Posts: 3,417	Buy it because you like it, but if you don't have another just like it, you will surely end up wearing and enjoying it even more because a) it's such a great looking watch; b) it's iconic! and c) it's a ROLEX! __________________ meteor flying to Earth onto my wrist... 116509 Daytona Meteorite, 116520 Daytona Black, 116710 GMTIIC, 16013 DATEJUST, CARTIER SANTOS 100 W20090X8, IWC Big Pilot, IWC Top Gun "Everything works out in the end. If it hasn't worked out, it's not the end."

12 March 2012, 03:17 AM	#30
Ed Rooney "TRF" Member Join Date: Aug 2007 Location: Annapolis, MD Watch: Sea-Dweller 16600 Posts: 5,081	Buy one because it is a classic. As far as an investment, look at how the Sub 16610, GMT 16710 and SD 16600 have performed since being discontinued. They are appreciating in value, but no double-reds there.

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