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Old 14 June 2019, 11:32 PM   #1
doramas
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Crazy me or crazy you?

Why do people who don't understand watches look at you like you're crazy to spend thousands of €-£-$ ????? But if a Rolex is going to last you all your life and will be a nice inheritance. Or cars that since they leave the dealership are already losing value



And then they buy an IPhone every year, with an early expiration date. Or large amounts of money on clothes that will soon go out of fashion.


Who's really crazy ?????????????????????????????????????????????????? ?????????????????????????????????????????????????? ?????????????????????????????????????????????????? ?????????????????????????????????????????????????? ???????????????????????????????????
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Old 14 June 2019, 11:33 PM   #2
Lemonvr6
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Drinking this early?
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Old 14 June 2019, 11:37 PM   #3
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Drinking this early?




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Old 14 June 2019, 11:48 PM   #4
brandrea
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I suppose it’s like any of the things you’ve mentioned ...

I can justify spending on just about anything but whether I will or not just depends on my interest level and whether I think I’ll stick with it.
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Old 14 June 2019, 11:49 PM   #5
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Originally Posted by doramas View Post
Why do people who don't understand watches look at you like you're crazy to spend thousands of €-£-$ ????? But if a Rolex is going to last you all your life and will be a nice inheritance. Or cars that since they leave the dealership are already losing value







And then they buy an IPhone every year, with an early expiration date. Or large amounts of money on clothes that will soon go out of fashion.





Who's really crazy ?????????????????????????????????????????????????? ?????????????????????????????????????????????????? ?????????????????????????????????????????????????? ?????????????????????????????????????????????????? ???????????????????????????????????


Well, anyone spending thousands on a watch IS crazy on some level. You really are detached from reality if you think it is strange that ‘non-watch’ people don’t get it. You need to learn to accept your personality defect that gives you the compulsion to have a passion for watches.


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Old 14 June 2019, 11:53 PM   #6
SN13
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Spend $15k on a watch, you get people saying "OMG WHAT!?"

Spend $90k on a car, and people say "nice car".

Buy what you want. So far my Watches retain a hell of a lot more value than any "Luxury" car. ;)
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Old 14 June 2019, 11:55 PM   #7
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Why do people who don't understand
So you are unhappy about people having choice and making their own decisions?

Got it!
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Old 14 June 2019, 11:58 PM   #8
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Sorry but a watch is in fact very much like a car, it is a mass produced metal piece of jewelry that will eventually depreciate like a car. You are assuming that because it is a Rolex it will perpetually increase in value. We are in a bubble right now and at some point the bubble will pop and your shiny Rolex will be worth around 70% of MSRP. In 20 years it will probably be worth less as it is subject to different tastes over time. I know I would never buy a 1985 36MM gold Rolex, but at some point, someone paid a lot for that watch. In 10 years tool watches could be just as out of fashion. The masses drive value with this kind of stuff, not the collectors.
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Old 15 June 2019, 12:08 AM   #9
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Same people that buy a $5-8 coffee every day.

1 year = $1,800-2500. 10 years= $18,000-29,000.
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Old 15 June 2019, 12:13 AM   #10
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Drinking this early?
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Old 15 June 2019, 12:20 AM   #11
iheartrolexx
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who isn't ?
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Old 15 June 2019, 12:22 AM   #12
maxymax
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Every individual has certain 'guilty pleasure' on which they don't mind spending on.
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Old 15 June 2019, 12:25 AM   #13
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I can justify spending on just about anything but whether I will or not just depends on my interest level and whether I think I’ll stick with it.

Agree 100%

To me it’s about the pursuit of happiness
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Old 15 June 2019, 12:37 AM   #14
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I purchased many Rolex watches and have made 30 percent and lost maybe 10 percent at the end of all my sales and purchases i have never lost money and truly enjoy collecting (the hunt) and selling these great Rolex time pieces. No insurance needed like cars or registration inspection gas etc . These watches are very low maintenance as long as you purchase from other good collectors and in most cases most are great people i had the privilege to buy and sell from . We are not crazy maybe little addicted but better than gambling .
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Old 15 June 2019, 12:38 AM   #15
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Sorry but a watch is in fact very much like a car, it is a mass produced metal piece of jewelry that will eventually depreciate like a car. You are assuming that because it is a Rolex it will perpetually increase in value. We are in a bubble right now and at some point the bubble will pop and your shiny Rolex will be worth around 70% of MSRP. In 20 years it will probably be worth less as it is subject to different tastes over time. I know I would never buy a 1985 36MM gold Rolex, but at some point, someone paid a lot for that watch. In 10 years tool watches could be just as out of fashion. The masses drive value with this kind of stuff, not the collectors.
Exactly

Also, things are not automatically worth more in the future as much as money is worth less. Almost no one takes this into account but blindly believes that mass produced high end luxury jewelry will somehow magically be very valuable in some future point in time.
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Old 15 June 2019, 01:07 AM   #16
DolphinV8
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Quote:
Originally Posted by superpop View Post
Sorry but a watch is in fact very much like a car, it is a mass produced metal piece of jewelry that will eventually depreciate like a car. You are assuming that because it is a Rolex it will perpetually increase in value. We are in a bubble right now and at some point the bubble will pop and your shiny Rolex will be worth around 70% of MSRP. In 20 years it will probably be worth less as it is subject to different tastes over time. I know I would never buy a 1985 36MM gold Rolex, but at some point, someone paid a lot for that watch. In 10 years tool watches could be just as out of fashion. The masses drive value with this kind of stuff, not the collectors.
That's very true, but some particular models actually do very well. Look at the values of older Subs and GMTs now.
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Old 15 June 2019, 01:12 AM   #17
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Only crazy to not buy something that makes you happy because other people think you're crazy.
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Old 15 June 2019, 01:14 AM   #18
beshannon
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That's very true, but some particular models actually do very well. Look at the values of older Subs and GMTs now.
My house is worth more and I make far more money, what is your point?
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Old 15 June 2019, 01:16 AM   #19
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We all have our vices in life.
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Rolex uses rare elves to polish the platinum. They have a union deal and make like $90 per hour and get time and half on weekends.
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Old 15 June 2019, 01:19 AM   #20
Zakalwe
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If only I could drive to work on my Rolex.

Scratch that, it wouldn't be safe.
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Old 15 June 2019, 01:25 AM   #21
DolphinV8
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My house is worth more and I make far more money, what is your point?
It's not crazy at all and not a bad hobby.
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Old 15 June 2019, 01:25 AM   #22
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We are crazy but not enough to be institutionalized...
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Old 15 June 2019, 02:37 AM   #23
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Drinking this early?
It's always 5 o'clock somewhere. Especially if you own a GMT Master

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Old 15 June 2019, 02:56 AM   #24
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Interesting, say the same thing about people who truly love music yet have lousy Bluetooth speakers or low-end IEMs, etc. When you're looking to truly enjoy the music, try a high-end home audio system :)
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Old 15 June 2019, 02:59 AM   #25
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I stopped caring what people thought at 16. Live your life, not theirs..

Then it won't matter.
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Old 15 June 2019, 03:37 AM   #26
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My coworker said I am crazy to wear my Daytona to work, cuz I might scratch it.
I replied he is crazy to drive his Porsche to work, cuz he might ding it.
End of story, he walked away.
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Old 15 June 2019, 03:39 AM   #27
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Drinking this early?
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Old 15 June 2019, 04:19 AM   #28
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I’m not sure there are many people who would fault a well-off person buying a Rolex. Even I would admit, though, having several is a little absurd. Oh well.
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Old 15 June 2019, 05:30 AM   #29
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For my lifestyle I think that with my hard earned Monday I am free to trash them in any passion I like and love As long as I mantain my family and provide for their needs and surplus.
I frankly do not care to be that watch guy that goes to the office or to social events with a different watch on the wrist everytime. Only judges in life are family and God ( for those who believe).


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Old 15 June 2019, 05:32 AM   #30
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I’ve never had anyone give me grief on my watches...well maybe my wife, but that’s it
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