ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Mis3 · 12 January 2015, 03:41 AM

I prefer the ceramic bezel but I just read that to change the new bezel is not a DIY. On the other hand, the old aluminium bezels are cheaper and easier to change. I hoped otherwise because I did plan to buy a blue bezel to change my 114060 up a bit. I also read that the bezels of Date and No-Date models are different (???).

As for investment, I think the older and higher end Rolexes retain their values better. My friend has a gold diamond DayDate President which he paid $15K CAN 20 years ago. To buy this watch now is more than $35K. He just went to service and the watch came back looking brand new.

AK797 · 12 January 2015, 04:00 AM

Quote:

Originally Posted by Swearengen

I think you would be surprised how many UK folk have bought from one of the trusted sellers.

I think that's OK, if you accept customs risk, for a new watch but not for a preowned as if you are unhappy with the condition sending it back to the US is a pain.

In the UK, look at Watchfinder, Iconic, Official watches, Hackett watches, Watchcentre, all good dealers.

Who is your seller?

Swearengen · 12 January 2015, 04:52 AM

Quote:

Originally Posted by AK797

I think that's OK, if you accept customs risk, for a new watch but not for a preowned as if you are unhappy with the condition sending it back to the US is a pain.

In the UK, look at Watchfinder, Iconic, Official watches, Hackett watches, Watchcentre, all good dealers.

Who is your seller?

There is only one, DSW.

RHIII · 12 January 2015, 05:10 AM

I never - and wouldn't recommend anyone buying any modern watch as an investment. There are ones that hold value better than others...but that's really about it.

Kind of like cars...BAD investments...unless you're talking about 1970 Dodge Daytonas...

Buy the one you like!!!!

strafer_kid · 12 January 2015, 05:44 AM

Definitely not great investment potential as many gave already stated. Some of the pre ceramic hold their price reasonably well but won't make you real money. You might also consider a Seadweller 16600. Great watch and some around at good prices. Good luck!

GB-man · 12 January 2015, 05:46 AM

Quote:

Originally Posted by Mis3

I prefer the ceramic bezel but I just read that to change the new bezel is not a DIY. On the other hand, the old aluminium bezels are cheaper and easier to change. I hoped otherwise because I did plan to buy a blue bezel to change my 114060 up a bit. I also read that the bezels of Date and No-Date models are different (???).

As for investment, I think the older and higher end Rolexes retain their values better. My friend has a gold diamond DayDate President which he paid $15K CAN 20 years ago. To buy this watch now is more than $35K. He just went to service and the watch came back looking brand new.

In general older SS professional models are the safest. Sub/sea dweller/daytona/gmt/explorer

Precious metal watches take a bigger hit and thus need to be bought right upfront as always.

Your friends watch may correspond to a new DD that costs 30k but his watch would not sell for that much sadly.

Mis3 · 12 January 2015, 08:27 AM

Quote:

Originally Posted by GB-man

Your friends watch may correspond to a new DD that costs 30k but his watch would not sell for that much sadly.

True. I myself don't like the watch anyway. It's a bit too blingy for my taste.

adamlea · 12 January 2015, 08:54 AM

Calling a Rolex an 'investment' sounds good when we say it out loud, doesn't it? Especially in front of the wife. Sometimes it almost takes a little sting out of the 'acquisition' cost too. At least that's been my experience.

Racerdj · 12 January 2015, 09:15 AM

Forget the investment part and start the enjoyment!

El Cascarrabias · 12 January 2015, 10:33 AM

Quote:

Originally Posted by adamlea

Calling a Rolex an 'investment' sounds good when we say it out loud, doesn't it? Especially in front of the wife. . . .

My wife's heard that too many times . . .

Now she just rolls her eyes.

audwatch · 12 January 2015, 10:54 AM

Over a 10year period not sure how it's possible to not make any money or at least have a submariner to wear 10 years and break even ... Not many things can say the same

Sent from my iPhone using Tapatalk

GB-man · 12 January 2015, 12:22 PM

Quote:

Originally Posted by audwatch

Over a 10year period not sure how it's possible to not make any money or at least have a submariner to wear 10 years and break even ... Not many things can say the same

Sent from my iPhone using Tapatalk

An investment is expected to be good, at the very least good at onset. The return achieved from a modern rolex watch cannot be expected to compete with other widely available financial instruments over the next decade.

Also, I don't take it for granted that people are willing to pay 10k for a modern steel watch. That is subject to risk as is anything.

Better than cars? Of course. But what isn't

fishingbear · 12 January 2015, 03:27 PM

Quote:

Originally Posted by joe100

Invest in real estate, not watches

Yep

Malak · 13 January 2015, 05:05 AM

Quote:

Originally Posted by greggsiam

Invest in your future.

An investment in knowledge pays the best interest.

Benjamin Franklin

venton · 13 January 2015, 05:21 AM

Rolexs are very special watches and will always be desirable.
Used ones will largely go up at a similar percentage to retail prices.
At least this is what I found from my research on used sub prices.
So say for example there is a 5% hike in stainless sub prices new.
I would expect used prices to creep up by 5%.
I can't remember the exact figures, but I think year on year the prices have gone up by 6% on average in the last 20 years.
Saying that, there hasn't been a price rise for a couple of years.
Is 6% a year a good investment? That's for you to decide.

tkerrmd · 13 January 2015, 05:26 AM

Quote:

Originally Posted by Racerdj

Forget the investment part and start the enjoyment!

this!!

Rolex addict · 13 January 2015, 05:42 AM

Quote:

Originally Posted by racerdj

forget the investment part and start the enjoyment!

this!!!!

Rockrolex · 13 January 2015, 05:54 AM

The best way to make US$1,000,000 is to start with US$2,000,000. Do not buy any watch as an 'investment." Buy a watch for your own enjoyment.

breitlings · 13 January 2015, 07:01 AM

Its not a terrible hard asset to invest in. I think whenever there is something that may be a good investment people yell its not an investment. You'd get the same answer on a Ferrari forum. I don't understand the sentiment that if it doesn't return 7% it somehow isn't an investment, lots of investments lose.

I don't think anyone on AVSForums or Range Rovers or Jaguar forum is asking if their new Range is an investment or if their new pre/pro is an investment because its obvious.

Ferdelious · 13 January 2015, 07:12 AM

Quote:

Originally Posted by Old Expat Beast

Hunker down. Helmet on.

Ferdelious · 13 January 2015, 07:14 AM

You've got a better shot making money investing in oil right now. As been said many times here most Rolex are not investments.

Mystro · 13 January 2015, 07:22 AM

Yea, that implies that you will ever sell your Rolex.
You can do alright (break even) if you buy preowned at a good price and keep it for 10 or more years. At this point all my watches are keepers so buying watches is a money pit to my wife. I get the...."Don't you have enough watches already?" My reply is..."I am investing towards my impeccable taste and style and that is priceless"

Quote:

Originally Posted by El Cascarrabias

My wife's heard that too many times . . .

Now she just rolls her eyes.

DPE · 13 January 2015, 07:43 AM

You can only buy the watch for personal pleasure, but you will always be able to turn it back into cash when needed, but not for what you paid when new !

12 January 2015, 09:15 AM	#39
Racerdj 2024 Pledge Member Join Date: Apr 2013 Location: Indianapolis Watch: Patek-Philippe Posts: 16,832	Forget the investment part and start the enjoyment! __________________ Rolex and Patek Philippe

13 January 2015, 05:54 AM	#48
Rockrolex TRF Moderator & 2024 SubLV41 Patron Join Date: May 2005 Real Name: God Location: Washington, D.C. Watch: What do you think? Posts: 37,968	The best way to make US$1,000,000 is to start with US$2,000,000. Do not buy any watch as an 'investment." Buy a watch for your own enjoyment. __________________ Despite the high cost of living, it's still very popular. *Tosser Cabinet Member* Official Member: 'Perpetual 30' Vegas International GTG 2016 Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member "WIS-CON" Las Vegas International GTG 2018 Official Member "WIS-CON" Las Vegas International GTG 2019

13 January 2015, 07:14 AM	#51
Ferdelious 2024 SubLV41 Pledge Member Join Date: May 2013 Real Name: Matt Location: Tampa, FL Watch: Hulk/SD4K/SeaQ/P39 Posts: 3,203	You've got a better shot making money investing in oil right now. As been said many times here most Rolex are not investments. __________________ Why is it, "A penny for your thoughts," but, "you have to put your two cents in?" Somebody's making a penny.

12 January 2015, 03:41 AM	#31
Mis3 "TRF" Member Join Date: Dec 2014 Location: Canada Posts: 357	I prefer the ceramic bezel but I just read that to change the new bezel is not a DIY. On the other hand, the old aluminium bezels are cheaper and easier to change. I hoped otherwise because I did plan to buy a blue bezel to change my 114060 up a bit. I also read that the bezels of Date and No-Date models are different (???). As for investment, I think the older and higher end Rolexes retain their values better. My friend has a gold diamond DayDate President which he paid $15K CAN 20 years ago. To buy this watch now is more than $35K. He just went to service and the watch came back looking brand new.

12 January 2015, 05:10 AM	#34
RHIII Member Join Date: Jul 2014 Real Name: Roger Location: ... Watch: AP/Rolex/PP Posts: 6,309	I never - and wouldn't recommend anyone buying any modern watch as an investment. There are ones that hold value better than others...but that's really about it. Kind of like cars...BAD investments...unless you're talking about 1970 Dodge Daytonas... Buy the one you like!!!!

12 January 2015, 05:44 AM	#35
strafer_kid "TRF" Member Join Date: Oct 2009 Real Name: Kenny Location: northern ireland Watch: SDs, Subs & GMTs Posts: 5,136	Definitely not great investment potential as many gave already stated. Some of the pre ceramic hold their price reasonably well but won't make you real money. You might also consider a Seadweller 16600. Great watch and some around at good prices. Good luck!

12 January 2015, 08:54 AM	#38
adamlea "TRF" Member Join Date: Oct 2012 Location: Great Plains Watch: Exp II 216570 Blk Posts: 1,190	Calling a Rolex an 'investment' sounds good when we say it out loud, doesn't it? Especially in front of the wife. Sometimes it almost takes a little sting out of the 'acquisition' cost too. At least that's been my experience.

12 January 2015, 10:54 AM	#41
audwatch "TRF" Member Join Date: Jan 2014 Location: Australia Posts: 26	Over a 10year period not sure how it's possible to not make any money or at least have a submariner to wear 10 years and break even ... Not many things can say the same Sent from my iPhone using Tapatalk

13 January 2015, 05:21 AM	#45
venton "TRF" Member Join Date: Dec 2011 Location: Devon, England Posts: 71	Rolexs are very special watches and will always be desirable. Used ones will largely go up at a similar percentage to retail prices. At least this is what I found from my research on used sub prices. So say for example there is a 5% hike in stainless sub prices new. I would expect used prices to creep up by 5%. I can't remember the exact figures, but I think year on year the prices have gone up by 6% on average in the last 20 years. Saying that, there hasn't been a price rise for a couple of years. Is 6% a year a good investment? That's for you to decide.

13 January 2015, 07:01 AM	#49
breitlings Banned Join Date: Jul 2014 Location: Bethesda Watch: Apple TV Posts: 5,744	Its not a terrible hard asset to invest in. I think whenever there is something that may be a good investment people yell its not an investment. You'd get the same answer on a Ferrari forum. I don't understand the sentiment that if it doesn't return 7% it somehow isn't an investment, lots of investments lose. I don't think anyone on AVSForums or Range Rovers or Jaguar forum is asking if their new Range is an investment or if their new pre/pro is an investment because its obvious.

13 January 2015, 07:43 AM	#53
DPE "TRF" Member Join Date: Oct 2014 Location: uk Posts: 1,050	You can only buy the watch for personal pleasure, but you will always be able to turn it back into cash when needed, but not for what you paid when new !

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)