The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


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

Reply
 
Thread Tools Display Modes
Old 6 January 2012, 02:55 PM   #1
CPAWatchFan
"TRF" Member
 
Join Date: Dec 2011
Location: MD
Posts: 50
Icon5 Any models currently over priced or under priceD.

When it comes to stocks I like to buy low sell high. Any comments about what's low and what's high in the Rolex world?
CPAWatchFan is offline   Reply With Quote
Old 6 January 2012, 03:09 PM   #2
ArcticMoose
"TRF" Member
 
ArcticMoose's Avatar
 
Join Date: Oct 2009
Location: The Sea
Posts: 1,894
Quote:
Originally Posted by CPAWatchFan View Post
When it comes to stocks I like to buy low sell high. Any comments about what's low and what's high in the Rolex world?
They're all too high for me!

(If you're looking for an investment you should probably not be buying watches unless you don't mind a lot of risk.)
ArcticMoose is offline   Reply With Quote
Old 6 January 2012, 03:14 PM   #3
DJ Hawaii
Member
 
Join Date: Nov 2011
Location: Aiea, Hawaii
Watch: Sub Date F Serial
Posts: 68
All overpriced new, buy pre-owned
DJ Hawaii is offline   Reply With Quote
Old 6 January 2012, 03:59 PM   #4
FeelingTheBlues
"TRF" Member
 
FeelingTheBlues's Avatar
 
Join Date: Sep 2011
Real Name: Carl
Location: Always moving
Watch: If you wish...
Posts: 22,039
Quote:
Originally Posted by DJ Hawaii View Post
All overpriced new, buy pre-owned
Great advice here! You'll always pay a lot when you go to an AD and you'll notice the same thing you notice when you buy a car: it loses some of its value as soon as you get out of the store!

However, let's not forget that it's never overpriced if you're willing to buy it!
__________________
Mon corps c'est un pays en guerre sur l'point d'finir,
Le général de l'armée de terre s'attend au pire,
J'ai faim, j'ai frette, je suis trop faible pour me lever debout,
On va hisser le drapeau blanc un point c'est tout.


- André Fortin
FeelingTheBlues is offline   Reply With Quote
Old 6 January 2012, 05:38 PM   #5
rkammer
"TRF" Member
 
rkammer's Avatar
 
Join Date: May 2007
Location: Central Florida
Posts: 440
If you want the pride of being the first owner, buy new. If you want to make a profit (or, at least, not lose money) buy used every time.
__________________
Regards,
Ray K.
rkammer is offline   Reply With Quote
Old 6 January 2012, 09:03 PM   #6
tattooedfagin
"TRF" Member
 
tattooedfagin's Avatar
 
Join Date: Jan 2010
Real Name: Chad
Location: the neighbourhood
Watch: 1680 Red
Posts: 2,262
bought my DSSD & Hulk new but with great discounts thrown in (fortunately), wasn't much to be had on the pre-owned market at the time so didn't really have much choice but as i've no intentions of selling it's not an issue for me but, given the choice i'll always buy pre-owned on certain items & let the first guy take the hit.....there's gold in them there hills
__________________
SS Sub Date (F)
DSSD (V)
Red Sub (Mk4)

TRF Hall of Fame
tattooedfagin is offline   Reply With Quote
Old 6 January 2012, 11:12 PM   #7
rolepam312
"TRF" Member
 
Join Date: Oct 2011
Location: arizona
Posts: 415
Stick with the stocks...rolex or any watch for that matter, is all overpriced...its meant to be!they are luxury goods and hold only sentimental value...which to most is priceless, but as an investment? Never! Is a brand new BMW an investment?
rolepam312 is offline   Reply With Quote
Old 6 January 2012, 11:52 PM   #8
mike
"TRF" Member
 
mike's Avatar
 
Join Date: Jul 2005
Posts: 22,683
Don't know. I usually buy a watch because I like it.
mike is offline   Reply With Quote
Old 6 January 2012, 11:58 PM   #9
GlobalGooch69
Banned
 
Join Date: Jul 2011
Location: USA
Posts: 116
on retail level anything on a leather band is wayyyy over priced especially say a wg daytona on strap its resale value is about half of retail. the SS sport models retail on not horribly offensive but still high. your best bet is buying used. good luck.
GlobalGooch69 is offline   Reply With Quote
Old 7 January 2012, 12:45 AM   #10
azguy
Banned
 
Join Date: Sep 2011
Real Name: -------
Location: -------
Watch: ---------
Posts: 12,609
It's about love not money
azguy is offline   Reply With Quote
Old 7 January 2012, 02:32 AM   #11
F&Iguy
"TRF" Member
 
F&Iguy's Avatar
 
Join Date: Sep 2011
Location: WA state
Watch: EXP 39mm
Posts: 278
like everyone has said you buy a rolex because you like them and not for a investment IMHO
F&Iguy is offline   Reply With Quote
Old 7 January 2012, 02:53 AM   #12
Snopy
Member
 
Join Date: Nov 2011
Location: Poland
Posts: 54
I did bought SubC in dubai in march, just before proces go up. I recaived 10% discount. Now the same watch in my country in AD is priced 20% more then i payed. I guess i would be able to sell it at least the same price which i've payed.

Now i'm going to buy SS Daytona at AD with 30% discout (its complicated why, but its official AD :) and i would be able to sell at least at AD regular price on aftermarket - pure profit :)

Also - its bett spend money on watch then on holidays and restaurant, but of course in more cases its not so good as onther investment options.

I would disagree that watch is like bmw. Maybe, but not rolexes, especialy the most popular (daytona, subc etc.) i think you always will be able to sell it near to your buy price.
Snopy is offline   Reply With Quote
Old 7 January 2012, 03:56 AM   #13
schwartz914
2024 SubLV41 Pledge Member
 
schwartz914's Avatar
 
Join Date: Jun 2011
Real Name: David
Location: NY
Watch: Rolex
Posts: 917
i bought my Milgauss GV brand new from an AD at a price people are selling used. Have to buy right!!!
schwartz914 is offline   Reply With Quote
Old 7 January 2012, 03:58 AM   #14
m5blitzer
Member
 
Join Date: Jun 2009
Location: Midwest, USA
Watch: Enough is enough!!
Posts: 597
All is overpriced especially precious metal watches. Biggest drop if purchased new.
m5blitzer is offline   Reply With Quote
Old 7 January 2012, 04:20 AM   #15
Mickey®
Banned
 
Join Date: Aug 2011
Real Name: Mickey®
Location: Atlanta, GA
Watch: Swiss Made
Posts: 5,801
Quote:
Originally Posted by CPAWatchFan View Post
When it comes to stocks I like to buy low sell high. Any comments about what's low and what's high in the Rolex world?
What kind of watches do you currently own? Just wondering for a little background.

Ditto on just about every other post in this thread...
Mickey® is offline   Reply With Quote
Old 7 January 2012, 04:28 AM   #16
drockadam
"TRF" Member
 
drockadam's Avatar
 
Join Date: Nov 2010
Real Name: Adam
Location: Ontario, Canada
Watch: Pepsi.
Posts: 5,749
I wish they could all come down, so I could buy one!!!!
drockadam is offline   Reply With Quote
Old 7 January 2012, 04:30 AM   #17
TonyD
2024 Pledge Member
 
TonyD's Avatar
 
Join Date: Jan 2008
Real Name: Tony
Location: Boston North
Watch: Meteorite Daytona
Posts: 1,471
If I take the question from the OP in a different way then it could mean what is relatively a good buy/poor buy.

A sample answer might be that an Explorer might be had cheaper than say a GMT due to popularity, but with similar function.

On the other hand it seems any two tone watch is over priced compared to demand and resale etc relative to a stainless version. Case in point, I believe I have seen a two tone watch sell for less that its SS counterpart due to poor demand.
__________________
Pepsi GMT/SD43/DSSD Blue/ DJ41 TT Rose Diamond Dial/ Daytona Meteorite/ SS Sky Dweller White Dial/ IWC Bronze Big Pilot/ Aquanautic Super King / Omega Ploprof 1200 / Graham Scarab Diver
TonyD is offline   Reply With Quote
Old 7 January 2012, 04:32 AM   #18
GlobalGooch69
Banned
 
Join Date: Jul 2011
Location: USA
Posts: 116
as everyone says its about love, but in a case of financial difficulty loosing 50-65% of what you paid for the watch if you need to sell is not love as opposed to making a wise investment in a piece easy to resell where you lose 0-15% thats a better scenario so you always should have in the back of your mind "is this a reasonable price or investment" when buying a watch. either way good luck!
GlobalGooch69 is offline   Reply With Quote
Old 7 January 2012, 04:34 AM   #19
xhype
"TRF" Member
 
xhype's Avatar
 
Join Date: Dec 2011
Real Name: Michael
Location: Brooklyn,NY
Watch: Rolex GMT II 16710
Posts: 850
Quote:
Originally Posted by drockadam View Post
i wish they could all come down, so i could buy one!!!!
+10
xhype is offline   Reply With Quote
Old 7 January 2012, 04:58 AM   #20
brady
"TRF" Member
 
brady's Avatar
 
Join Date: Jul 2009
Real Name: Brady
Location: San Antonio
Watch: yes please
Posts: 525
Quote:
Originally Posted by GlobalGooch69 View Post
as everyone says its about love, but in a case of financial difficulty loosing 50-65% of what you paid for the watch if you need to sell is not love as opposed to making a wise investment in a piece easy to resell where you lose 0-15% thats a better scenario so you always should have in the back of your mind "is this a reasonable price or investment" when buying a watch. either way good luck!
Some people do not get this. I try to have an overarching theme regarding decisions that I make involving money: try to lose as little of it as possible. I love watches as much as the next guy/gal, but I have more peace about my watch buying decisions when I can reduce depreciation risk. My enjoyment will be higher knowing that I have been financially responsible.

Good luck with whatever you decide and kudos to your responsibility.
brady is offline   Reply With Quote
Old 8 January 2012, 12:30 AM   #21
HORNBLOWER
"TRF" Member
 
HORNBLOWER's Avatar
 
Join Date: Aug 2010
Real Name: Ben
Location: Ireland
Watch: 1 OR 2
Posts: 2,640
In general I have always thought that daytonas are way over priced, I really like them but I never could see the reason for the the crazy prices!
HORNBLOWER is offline   Reply With Quote
Old 8 January 2012, 01:34 AM   #22
CPAWatchFan
"TRF" Member
 
Join Date: Dec 2011
Location: MD
Posts: 50
Icon7

Quote:
Originally Posted by Mickey® View Post
What kind of watches do you currently own? Just wondering for a little background.

Ditto on just about every other post in this thread...
I have a 116610ln and some other less expensive random watches. I am all about being diversified and mutual funds. I was just wanting to know if some watches are selling low right now to see if I want to pick one up for personal use.
From my iPhone...
CPAWatchFan is offline   Reply With Quote
Old 8 January 2012, 03:55 AM   #23
drgleeds37
"TRF" Member
 
drgleeds37's Avatar
 
Join Date: Jan 2010
Real Name: Daniel Leeds
Location: Suburbs of DC
Watch: Rolex,AP,PAM,etc..
Posts: 306
Quote:
Originally Posted by HORNBLOWER View Post
In general I have always thought that daytonas are way over priced, I really like them but I never could see the reason for the the crazy prices!
I would agree with you when looking at the prices of the SS models. However, the two tone models are very undervalued at this point, imho.

-Daniel
drgleeds37 is offline   Reply With Quote
Old 8 January 2012, 04:00 AM   #24
landroverking
"TRF" Member
 
Join Date: Dec 2008
Real Name: Jay
Location: TEXAS
Watch: Daytona
Posts: 7,648
IMHO all Rolex watches are over price. That doesn't mean I don't want more.
landroverking is offline   Reply With Quote
Old 8 January 2012, 04:27 AM   #25
padi56
"TRF" Life Patron
 
padi56's Avatar
 
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 53,064
Quote:
Originally Posted by mike View Post
Don't know. I usually buy a watch because I like it.
X2.Mike trouble today many see Rolex watches as little more than $$$$$££££
which is IMHO quite sad.Gone are the days of buying and wearing one of the finest mechanical watches made today.Its mainly now, will this or that go up in value, if its got this or that slight font change or case stamp.Will my 16610 sub go up in value now its discontinued etc.But like you Mike I bought my Rolex whatever model I wanted too, just to wear and enjoy. Hopefully in good health for many many years IMHO thats whats buying and owning a Rolex is about.
__________________

ICom Pro3

All posts are my own opinion and my opinion only.

"The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever."
Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again.

www.mc0yad.club

Second in command CEO and left handed watch winder
padi56 is offline   Reply With Quote
Old 8 January 2012, 06:13 AM   #26
liptonnr
"TRF" Member
 
liptonnr's Avatar
 
Join Date: Dec 2010
Real Name: Nate
Location: Pottsville, PA
Watch: Sub-c LV, GMT's
Posts: 988
White milgauss is underpriced and so is Gmt II c. DSSD is overpriced! Just my .02
liptonnr is offline   Reply With Quote
Old 8 January 2012, 08:07 AM   #27
Ck8
"TRF" Member
 
Ck8's Avatar
 
Join Date: Feb 2007
Real Name: Mark 哥
Location: UK
Posts: 860
All over priced in the west and under priced to the east.
__________________
I like wonton noodles soup - Mark 哥
Ck8 is offline   Reply With Quote
Old 8 January 2012, 08:58 AM   #28
Finewatch
"TRF" Member
 
Finewatch's Avatar
 
Join Date: Dec 2011
Location: Hamilton
Watch: GMT II C, Omega PO
Posts: 182
Don't understand all the comments about loosing value on Rolex. From what I have seen here the resellers are charging almost as much as I paid from an AD for my new GMT II C.
As far as I can see a 10 yr old Rolex appreciates rather than depreciates. More than I can say for the average Mutual fund purchased in the last 10 yrs or any auto I have ever purchased.
Ps kicking myself that I did not purchase a mint factory serviced 2 yr warranteed 50th anniversary green sub at my AD for 4995$ just before Christmas.
Finewatch is offline   Reply With Quote
Old 8 January 2012, 10:18 AM   #29
mrbill2mrbill2
"TRF" Member
 
mrbill2mrbill2's Avatar
 
Join Date: Nov 2010
Real Name: Mr. Bill
Location: South Florida
Watch: 16610
Posts: 6,148
Quote:
Originally Posted by padi56 View Post
X2.Mike trouble today many see Rolex watches as little more than $$$$$££££
which is IMHO quite sad.Gone are the days of buying and wearing one of the finest mechanical watches made today.Its mainly now, will this or that go up in value, if its got this or that slight font change or case stamp.Will my 16610 sub go up in value now its discontinued etc.But like you Mike I bought my Rolex whatever model I wanted too, just to wear and enjoy. Hopefully in good health for many many years IMHO thats whats buying and owning a Rolex is about.
X2!

A watch is a watch not an investment. Buy what you like and enjoy wearing it. It's that simple.

__________________
Card Carrying Member of the Global Association of the Retro-Grouch-Curmudgeons - ID # 13
mrbill2mrbill2 is offline   Reply With Quote
Old 8 January 2012, 10:22 AM   #30
springbar
"TRF" Member
 
Join Date: Mar 2010
Location: Bay Area, Ca
Watch: 116400GV
Posts: 834
Quote:
Originally Posted by schwartz914 View Post
i bought my Milgauss GV brand new from an AD at a price people are selling used. Have to buy right!!!
I bought mine new for much less than people are currently selling used. How on earth did that happen?
springbar is offline   Reply With Quote
Reply


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

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

OCWatches

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches


*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.