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11 August 2012, 08:17 AM | #33 |
"TRF" Member
Join Date: Jul 2012
Real Name: Todd
Location: New Jersey
Watch: 214270,116300
Posts: 104
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Rolex manufactures around 2000 watches during a business day.And it looks like they will be making them for some time to come... They hold their value well-but that isn't or shouldn't be the reason you buy a wristwatch.
There has been times the used market isn't as strong as it is now. Don't justify a luxury purchase as an investment. In fact admit that you want a Rolex and purchased it to treat yourself with something nice. I've been collecting watches since 1981 and there has been times that it is VERY hard to sell a top tier watch. I bought my first BNIB Rolex from an AD, a black dial Explorer II- it costs me $875 plus tax. Now that is close to what you'll spend to have it completely serviced. Rolex as an investment ? Hardly. DiamondJack's post is 100% "on the money". |
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