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ChiTownWatches · 3 January 2019, 04:26 AM

I found a full set, 2003 early Y serial Kermit in mint condition, some of the plastic is still on in. Everything checks out as a true anniversary piece. Wondering if it's a good "investment" buy to stash in a safe. Would run 20K. But what could it be worth in 2053? Could it be a Daytona type of auction piece? Thoughts?

Hollie_Rollie · 3 January 2019, 04:28 AM

20k for a SS sub with a green bezel? No.

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SS Oyster · 3 January 2019, 04:31 AM

Hard to say at $20k. Only thing to know for sure is that someone has made money on this one so far. Buying at $12-13k would make me feel better.

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fleabag · 3 January 2019, 04:32 AM

I would , these are hitting over £30K PLUS AS NOW IS

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Rashid.bk · 3 January 2019, 04:33 AM

In 2053??? lmao!!
Do you even like it, didn't read one thing about whether you even like it.
20k for that watch, no!!!!
But do what you want and then post it up on IG. Good luck lols.

fleabag · 3 January 2019, 04:35 AM

Can’t wait to see this post in 5 yrs time from now

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Rashid.bk · 3 January 2019, 04:46 AM

Quote:

Originally Posted by fleabag

Can’t wait to see this post in 5 yrs time from now

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Naahhh, Don't care if it's $30K, $50k in five years. I buy the watches I like for the enjoyment of wearing it, not investing or putting it in a safe, to hope and pray.
If you're an investor, buy the Rolex catalog and pray. Have fun. I'm going to buy and beat the crap out of my watches and hopefully enjoy and create so many great memories between now and 2053.

There are real investments, much better and solid for retirement. And if my children really care about dad, I could leave them a dry potato and they'd love and cherish it. I have some nice things they already want....
Hard cash would serve them better than a watch they'd have to find a buyer for and hope to not get ripped off in 50 years.
But everyone is an investor nowadays so go for it, just not my thing. He wanted opinions so...

Hodog16 · 3 January 2019, 04:52 AM

This is hard for me to wrap my head around considering I bought a D serial in 2006 for $4,575.

I know the true 2003 is worth more but $20k? No thanks.

harvey · 3 January 2019, 04:53 AM

Quote:

Originally Posted by fleabag

I would , these are hitting over £30K PLUS AS NOW IS

I rather have £30k in some sort of investment.

RHIII · 3 January 2019, 05:02 AM

The ONLY stainless Submariner I’d even consider shelling out that kind of $$ for would be a red line 1680 - period.

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The Argonaut · 3 January 2019, 05:09 AM

Buying a watch as an investment is a bad idea for 99% of watches. Period. A few will appreciate. Most wont. Even those that appear to be appreciating now may depreciate in the future. Buy it. Wear it. Enjoy it.

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wisguy · 3 January 2019, 05:24 AM

At $20k, if you like it, I would buy it.

I owned a 16610LV and never really connected with it, the green proved to be too much for me.

CPRWATCH · 3 January 2019, 05:26 AM

If you think at 20k it's good deal , then please buy it . And as to future investment value ,it's a bit like buying a lottery ticket & then asking a group of strangers if they think you have the winning numbers .

oldman2005 · 3 January 2019, 05:34 AM

Wow! Price of these Kermit is getting crazy too. I bought 3 brand new Kermits from AD for around $5K each back then...

novae500 · 3 January 2019, 05:46 AM

no way for $20k, i'd rather get a coke, pepsi instead

beshannon · 3 January 2019, 05:47 AM

Quote:

Originally Posted by ChiTownWatches

Wondering if it's a good "investment" buy to stash in a safe. Would run 20K. But what could it be worth in 2053? Could it be a Daytona type of auction piece? Thoughts?

Really?

fleabag · 3 January 2019, 05:47 AM

Quote:

Originally Posted by novae500

no way for $20k, i'd rather get a coke, pepsi instead

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ChiTownWatches · 3 January 2019, 05:56 AM

Although I do like the watch, I would not buy the 20K one to wear and enjoy. I can grab one of the later releases for almost half (12ish I believe) for that. Was just thinking that it may be an "investment" piece. But many of you made good points. I appreciate it. So will let it go :) Thanks!

But as fleabag said, will be interesting to see this post in 5 years lol

The Argonaut · 3 January 2019, 06:08 AM

Quote:

Originally Posted by CPRWATCH

If you think at 20k it's good deal , then please buy it . And as to future investment value ,it's a bit like buying a lottery ticket & then asking a group of strangers if they think you have the winning numbers .

Nicely put CPR. Honestly, I tire of these, "is this a good investment?" questions. It's a watch, not a piece of art. It's 16610LV, which Rolex made for seven years. It's not Paul Newman's Paul Newman--which also may depreciate from the $17mill paid out. Who knows!!

xspect · 3 January 2019, 06:26 AM

Sooo many other watches at that price point.

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Duey · 3 January 2019, 06:38 AM

Great price for a true Y - and yes a GREAT investment at that price.

I've seen F's with stickers for over $40K right now.

fleabag · 3 January 2019, 06:42 AM

Quote:

Originally Posted by Duey

Great price for a true Y -

I've seen F's with stickers for over $40K right now.

At last , someone else seeing the potential that these are going, its such a good price, it’s just the start

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marcotagudelo · 3 January 2019, 06:43 AM

conversation: ...but if you use it it will loose value for the next potential buyer
answer: im not thinking about the other guy.
food for thought...

lamnyc · 3 January 2019, 07:26 AM

$20k. Hell yea. Unworn pieces goes for $35-40k in auctions. It will worth millions in 2053 if the planet still exists. Then again, the next generation of people might have no idea what a wrist watch is. Buy and wear it if you can afford it.

Jerrocop · 3 January 2019, 07:41 AM

Buy low . . . sell high . . . its a negatron from me.

penguinrolex · 3 January 2019, 07:49 AM

Know who makes money investing in antiques?
Antique dealers and antique auctioneers.
Go watch some episodes of Pawn Stars. Notice these recurring messages to 'investors' trying to resell to a dealer:
-I can't pay you that, because I buy at wholesale and mark it up.
-you're not a dealer, you're not going to find someone who will pay you the price they will give me
-Jeez, this is old and cool but they just aren't valuable to anyone
-there used to be a huge market for this at the turn of the century. used to be. I'll give you a dollar cause i like it.
-wow, that's cool. too bad everyone who wanted one of these already died a while ago.
-sure there's a collector for this, but it's going to take me a long time to find that collector and i'm an expert dealer

ltmgeller · 3 January 2019, 07:56 AM

$20 is too much. Does it have the "flat 4" bezel?

envuks · 3 January 2019, 08:04 AM

An investment in a good watch yes. An investment investment no, not a chance

The wording in this post could be adjusted to: is it a good investment to buy xyz item for top dollar at the peak of market height?

Sure the market could always go higher, but I think the number of buyers for $20k+ SS watches is more likely to contract than expand. That’s just me though, I’m a pessimist

strafer_kid · 3 January 2019, 08:06 AM

Quote:

Originally Posted by The Argonaut

Buying a watch as an investment is a bad idea for 99% of watches. Period. A few will appreciate. Most wont. Even those that appear to be appreciating now may depreciate in the future. Buy it. Wear it. Enjoy it.

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Yes....buy them to enjoy them!

Chilly Coconut · 3 January 2019, 08:09 AM

Buy $20k worth of a blue chip stock and stick the stock certificates in your safe. They are far more likely to be worth more in 2053 than the watch.

3 January 2019, 04:26 AM	#1
ChiTownWatches "TRF" Member Join Date: Dec 2018 Real Name: Felix Location: Chicago Watch: 126711CHNR Posts: 17	Is the 50th Anniversary Kermit a good buy? I found a full set, 2003 early Y serial Kermit in mint condition, some of the plastic is still on in. Everything checks out as a true anniversary piece. Wondering if it's a good "investment" buy to stash in a safe. Would run 20K. But what could it be worth in 2053? Could it be a Daytona type of auction piece? Thoughts?

3 January 2019, 04:32 AM	#4
fleabag "TRF" Member Join Date: Aug 2009 Location: UK Posts: 1,212	Is the 50th Anniversary Kermit a good buy? I would , these are hitting over £30K PLUS AS NOW IS Sent from my iPhone using Tapatalk

3 January 2019, 05:24 AM	#12
wisguy "TRF" Member Join Date: Apr 2010 Location: Earth Posts: 2,406	At $20k, if you like it, I would buy it. I owned a 16610LV and never really connected with it, the green proved to be too much for me. __________________ 5230G / 5146G / 124060 / BB58 / '59 Constellation

3 January 2019, 05:46 AM	#15
novae500 "TRF" Member Join Date: Jun 2009 Location: VA Posts: 965	no way for $20k, i'd rather get a coke, pepsi instead __________________ 326933 SkyDweller, 126711 GMT II CHNR 12600 DeepSea Seadweller 14060 No Date Submariner 16710 GMT II Pepsi N-Series, Coke F Series

3 January 2019, 07:56 AM	#27
ltmgeller 2024 SubLV41 Pledge Member Join Date: Aug 2012 Real Name: Mike Location: New York Watch: Rolex Posts: 22,574	$20 is too much. Does it have the "flat 4" bezel? __________________ Oh, look at the time... Official Member: 'WIS-CON' Las Vegas International GTG 2019

3 January 2019, 04:28 AM	#2
Hollie_Rollie 2024 Pledge Member Join Date: Sep 2018 Location: U.S.A. Watch: SD43 Posts: 3,353	20k for a SS sub with a green bezel? No. Sent from my iPhone using Tapatalk

3 January 2019, 04:31 AM	#3
SS Oyster 2024 SubLV41 Pledge Member Join Date: Sep 2008 Location: USA Posts: 9,218	Hard to say at $20k. Only thing to know for sure is that someone has made money on this one so far. Buying at $12-13k would make me feel better. Sent from my iPhone using Tapatalk

3 January 2019, 04:33 AM	#5
Rashid.bk "TRF" Member Join Date: Jan 2009 Location: Dallas Watch: 12800ft = 3900m Posts: 11,173	In 2053??? lmao!! Do you even like it, didn't read one thing about whether you even like it. 20k for that watch, no!!!! But do what you want and then post it up on IG. Good luck lols.

3 January 2019, 04:35 AM	#6
fleabag "TRF" Member Join Date: Aug 2009 Location: UK Posts: 1,212	Can’t wait to see this post in 5 yrs time from now Sent from my iPhone using Tapatalk

3 January 2019, 04:52 AM	#8
Hodog16 "TRF" Member Join Date: Mar 2011 Location: NC Watch: RG Olive DD40 Posts: 1,795	This is hard for me to wrap my head around considering I bought a D serial in 2006 for $4,575. I know the true 2003 is worth more but $20k? No thanks.

3 January 2019, 05:02 AM	#10
RHIII Member Join Date: Jul 2014 Real Name: Roger Location: ... Watch: AP/Rolex/PP Posts: 6,309	The ONLY stainless Submariner I’d even consider shelling out that kind of $$ for would be a red line 1680 - period. Sent from my iPhone using Tapatalk

3 January 2019, 05:09 AM	#11
The Argonaut "TRF" Member Join Date: Nov 2017 Location: VA Watch: GMT Master 16750 Posts: 1,373	Buying a watch as an investment is a bad idea for 99% of watches. Period. A few will appreciate. Most wont. Even those that appear to be appreciating now may depreciate in the future. Buy it. Wear it. Enjoy it. Sent from my iPhone using Tapatalk

3 January 2019, 05:26 AM	#13
CPRWATCH "TRF" Member Join Date: May 2016 Real Name: Paul Location: Chester UK Watch: Rolex GMT Master Posts: 4,600	If you think at 20k it's good deal , then please buy it . And as to future investment value ,it's a bit like buying a lottery ticket & then asking a group of strangers if they think you have the winning numbers .

3 January 2019, 05:34 AM	#14
oldman2005 "TRF" Member Join Date: Dec 2006 Location: norcal Posts: 3,031	Wow! Price of these Kermit is getting crazy too. I bought 3 brand new Kermits from AD for around $5K each back then...

3 January 2019, 05:56 AM	#18
ChiTownWatches "TRF" Member Join Date: Dec 2018 Real Name: Felix Location: Chicago Watch: 126711CHNR Posts: 17	Although I do like the watch, I would not buy the 20K one to wear and enjoy. I can grab one of the later releases for almost half (12ish I believe) for that. Was just thinking that it may be an "investment" piece. But many of you made good points. I appreciate it. So will let it go :) Thanks! But as fleabag said, will be interesting to see this post in 5 years lol

3 January 2019, 06:26 AM	#20
xspect "TRF" Member Join Date: Sep 2010 Location: louisiana Posts: 269	Sooo many other watches at that price point. Sent from my iPhone using Tapatalk

3 January 2019, 06:38 AM	#21
Duey 2024 SubLV41 Pledge Member Join Date: May 2011 Real Name: Duey Location: Maui Watch: Too Many To List Posts: 3,598	Great price for a true Y - and yes a GREAT investment at that price. I've seen F's with stickers for over $40K right now.

3 January 2019, 06:43 AM	#23
marcotagudelo "TRF" Member Join Date: Aug 2015 Location: in my house Posts: 357	conversation: ...but if you use it it will loose value for the next potential buyer answer: im not thinking about the other guy. food for thought...

3 January 2019, 07:26 AM	#24
lamnyc "TRF" Member Join Date: Dec 2008 Location: nyc Posts: 1,762	$20k. Hell yea. Unworn pieces goes for $35-40k in auctions. It will worth millions in 2053 if the planet still exists. Then again, the next generation of people might have no idea what a wrist watch is. Buy and wear it if you can afford it.

3 January 2019, 07:41 AM	#25
Jerrocop 2024 Pledge Member Join Date: Dec 2012 Location: West Coast Watch: EXP 39, GRNR, SeaQ Posts: 961	Buy low . . . sell high . . . its a negatron from me.

3 January 2019, 07:49 AM	#26
penguinrolex "TRF" Member Join Date: Sep 2018 Location: TX Posts: 108	Know who makes money investing in antiques? Antique dealers and antique auctioneers. Go watch some episodes of Pawn Stars. Notice these recurring messages to 'investors' trying to resell to a dealer: -I can't pay you that, because I buy at wholesale and mark it up. -you're not a dealer, you're not going to find someone who will pay you the price they will give me -Jeez, this is old and cool but they just aren't valuable to anyone -there used to be a huge market for this at the turn of the century. used to be. I'll give you a dollar cause i like it. -wow, that's cool. too bad everyone who wanted one of these already died a while ago. -sure there's a collector for this, but it's going to take me a long time to find that collector and i'm an expert dealer

3 January 2019, 08:04 AM	#28
envuks 2024 SubLV41 Pledge Member Join Date: Aug 2009 Location: New England Posts: 3,741	An investment in a good watch yes. An investment investment no, not a chance The wording in this post could be adjusted to: is it a good investment to buy xyz item for top dollar at the peak of market height? Sure the market could always go higher, but I think the number of buyers for $20k+ SS watches is more likely to contract than expand. That’s just me though, I’m a pessimist __________________ Current watches: 116718ln, 116500 black dial, 40mm Breitling Chronomat MOP dial “A man with one watch always knows what time it is. A man with two watches is never sure.”

3 January 2019, 08:09 AM	#30
Chilly Coconut Banned Join Date: Sep 2018 Location: South Posts: 558	Buy $20k worth of a blue chip stock and stick the stock certificates in your safe. They are far more likely to be worth more in 2053 than the watch.

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