The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
Old 12 November 2017, 12:03 PM   #1
tbonesteak
"TRF" Member
 
tbonesteak's Avatar
 
Join Date: Oct 2015
Location: New York
Watch: me go broke!
Posts: 1,657
Depreciation on PM Watches

Debating making my first PM purchase and depreciation worries me. There are tons of different consumers out there - personally, I've bought some SS watches new from ADs that I knew were going to decently retain value, but now looking at PM pieces, I've been looking to buy used to save the hit.

I've been able to find a 116655 for $16k and a 116719 for $20k. I understand "buy bc you enjoy" but I feel more comfortable buying something knowing if I want out in a few years, I won't take a bath.

Each model I'm considering was selling for a lot more just 12-24 months ago and I'm worried if I buy a WG Pepsi for $20k, I won't be able to recoup more than $13-$14k in 3-5 years.

Can someone with a lot of PM experience speak to depreciation on gold model Rolexes?
tbonesteak is offline   Reply With Quote
 


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

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches

Asset Appeal

Wrist Aficionado


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.