Do you think the platinum Daytona is a good investment?

[Auragentum]

Bad investment full stop. Even if you managed to sell the watch at more or less same price a couple of years later it still wouldn't be a good 'investment'. Investments are meant to increase in price (inflation adjusted) or produce yields. If you are able to wear a watch without a loss that is a very attractive scenario for a product being put to use, but it is still no investment.

As others mention precious metal Rolexes tend to depreciate more than its SS counterparts - making it even less of an attractive scenario.

Originally Posted by capote

I guess its a better investment than my Volvo. Still the stock market is the way to go if you want your money to grow. You buy a watch because you want to wear it. Just because something is expensive doesn't make it an investment.

Cars as an investment Daniel? Don't even get me started Unless you happen to pick the right Vintage model, I think it is fair to say that your Volvo (or 99% of all cars) was never even in the vicinity of being an investment to begin with

But in comparison I would agree that Rolex watches in general uphold their value better than cars and if you happen to pick the right vintage/rare/future hyped model it might actually become an investment