ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
|
13 April 2015, 02:18 PM | #1 |
"TRF" Member
Join Date: Jun 2013
Real Name: Richard
Location: USA
Watch: me set the time
Posts: 2,520
|
Lady Rolex retention value
So Mrs. Zuger is eyeing her first Rolex. It's the Lady's Datejust 31mm 178271. You see, ever since I first met her she has always been a Cartier gal. Never cared for the Rolex and never owned one. Now things are changing and she is warming up to it so we stopped by the Rolex AD the other day.
It all went very well but when the question of value retention came up, the salesperson shook his head and said the retention for lady's Rolexes, except certain Daytonas, is frankly not great. He said we are looking at most likely less than 50% in a few years. That gave us some pause as I thought Rolexes for both men and women hold value petty well. Is the salesperson correct? What have been your experience with selling or trading lady's rolexes as far as retention value is concerned? Thank you. |
13 April 2015, 02:58 PM | #2 |
Banned
Join Date: May 2012
Real Name: CJ
Location: Kashyyyk
Watch: Kessel Run Chrono
Posts: 21,112
|
i bought my wife two on the used market over 5 years apart and i would say the salesrep was bang on. both were about 7 years old.
|
13 April 2015, 03:04 PM | #3 |
"TRF" Member
Join Date: Nov 2013
Location: Chicago
Watch: GMT BLNR
Posts: 224
|
The reason in obvious. Most women receive a Rolex as a gift. Usually a gift is brand new.
|
13 April 2015, 03:11 PM | #4 |
Banned
Join Date: May 2012
Real Name: CJ
Location: Kashyyyk
Watch: Kessel Run Chrono
Posts: 21,112
|
|
14 April 2015, 12:20 AM | #5 |
"TRF" Member
Join Date: Nov 2010
Location: Michigan
Watch: SD,DD,Exp1,Daytona
Posts: 550
|
This is a very valid point. Other than a model which is out of production, how many of our significant others/wives/girlfriends/mistresses/etc... would want something used?
|
13 April 2015, 03:18 PM | #6 |
"TRF" Member
Join Date: Jun 2011
Location: Singapore
Posts: 1,828
|
IMHO if you buy SS 31mm you should get back much more than 50% maybe 70%. I just sold a meteorite dial 31mm ss with super jubilee bracelet, I paid 15% off retail and when I sold my watch after 3/4 years, i sold it for 25% less MSRP, rolex increased price shortly after I bought mine which means I lost almost nothing. My watch was in pristine condition. Be careful on if you are looking for the smaller, 18K president, 28mm or is that 26mm, are like sky fall if you want to sell them on.. Good luck.
Jen |
14 April 2015, 05:02 AM | #7 | ||
"TRF" Member
Join Date: Jun 2013
Real Name: Richard
Location: USA
Watch: me set the time
Posts: 2,520
|
Quote:
Quote:
|
||
13 April 2015, 03:32 PM | #8 |
"TRF" Member
Join Date: Jul 2013
Real Name: Judy
Location: Ontario
Watch: 116234 - 14060M
Posts: 4,607
|
I didn't know the ladies versions didn't hold value like the larger sizes.
Is her wrist too small for a DJ? Or perhaps the larger watch is uncomfortable or cumbersome? If it's a borderline size issue where she can move up to the 36 or stay at 31, maybe consider moving up to the 36mm. Not sure of her age, but the 36mm might be the size & you wont have to consider selling it. Have fun buying her watch. Will look forward to the incoming thread. |
13 April 2015, 03:41 PM | #9 |
"TRF" Member
Join Date: Mar 2014
Real Name: Steve
Location: TO CAD, HCMC VN
Watch: MP 18946
Posts: 7,292
|
31mm retains better than a 26mm for sure. If it is a popular design and size it will hold much better.
Not an expert on used pricing but there seems to be an abundance of 26mm used models on the market. |
13 April 2015, 04:46 PM | #10 |
"TRF" Member
Join Date: Nov 2012
Location: Slovenia, EU
Watch: BLNR
Posts: 1,507
|
Salesperson is correct.
|
14 April 2015, 12:41 AM | #11 |
"TRF" Member
Join Date: Jan 2010
Location: Ann Arbor, MI
Watch: GMT-II Pepsi
Posts: 1,051
|
Yup... my wife has a rolex that I bought new for her, but she really doesn't care. It's just a watch to her.
The real collectors are men, and men don't wear women's watches. And I do agree about gifts being new. I buy used for myself though.
__________________
Lug hole loyalist! |
14 April 2015, 12:52 AM | #12 |
"TRF" Member
Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,506
|
Lady Rolex retention value
I agree with the AD salesperson. 31 is better than 26 but I would go 36 if she can support it.
If resale is a concern only. If it is not buy the lady what she wants. (Should probably do that anyhow unless you have a very comfortable couch). My wife has a K serial (2003) 26mm date. SS , jubilee, blue stick. And I paid about $2000 with all the boxes etc in 2010. Have never looked at a 26mm brand new but I think my AD said a SS model is about $6000 msrp??? She now thinks it is too small and wants a midsized YM. Sent from my iPhone using Tapatalk |
14 April 2015, 01:29 AM | #13 |
Banned
Join Date: Jul 2014
Location: Bethesda
Watch: Apple TV
Posts: 5,744
|
My grandmothers masterpiece likely appreciated 10x from the early 70s.
|
14 April 2015, 02:10 AM | #14 | |
"TRF" Member
Join Date: Apr 2007
Location: USA
Posts: 573
|
Quote:
Some of that is our government friends printing money though. |
|
14 April 2015, 05:09 AM | #15 | |
Banned
Join Date: Jul 2014
Location: Bethesda
Watch: Apple TV
Posts: 5,744
|
Quote:
I bet a ss submariner would have had a better roi. Inflation just another way the government robs us all lol. |
|
14 April 2015, 02:08 AM | #16 |
"TRF" Member
Join Date: Apr 2008
Real Name: Tom
Location: In a race car!
Watch: ME RACE PORSCHES
Posts: 24,123
|
dont think alot of women are flipping or selling their Rolex but I agree they drop pretty good
the larger size she gets the better for resale, the small womens Rolex watches from peoples grandmas are all over the place for sale and not for much talking about SS or TT, obviously this is not the same for PM alot of women my wife included wont wear the smaller sizes and actually prefer subs and Daytonas, which BTW you can turn into a win win for you! my wife and I swap watches all the time |
14 April 2015, 02:08 AM | #17 |
"TRF" Member
Join Date: Sep 2009
Real Name: Tom
Location: Chi town
Watch: Daytona AP DD Sub
Posts: 3,717
|
Sales person is correct. The issue is supply and demand. Women simply do not collect watches like men and therefore the secondary market is always going to be weaker. just look at the used market in our for sale forum. This also present some great buying opportunities for used ladies watches.
|
14 April 2015, 02:18 AM | #18 |
"TRF" Member
Join Date: Sep 2010
Real Name: Charles B
Location: GMT -7
Watch: Hulk 116610LV
Posts: 6,131
|
Which one of the "certain" Daytonas is marketed specifically as a lady's Rolex? Any pics?
__________________
Hulk 116610LV + GMT II 126710 BLNR + Explorer 124270 + Air King 126900 + Submariner 16613LB |
14 April 2015, 02:53 AM | #19 |
"TRF" Member
Join Date: Oct 2008
Location: Tejas
Watch: Various
Posts: 5,082
|
Surprising that the AD would admit such a thing (it is true of course.) It's like saying "these watches are overpriced." Indeed they have a massive profit margin on the new watches.
My wife has expensive taste as it turns out. I recently bought her first Rolex and it was a rather plain jane SS model. Later I dragged her into an AD to find out what she really likes. She picked a 26mm TT RG w/ diamonds and meteorite dial: MSRP 12.5k. But since she said used would be fine I'll be sifting through ebay and TRF for a better deal. Looking to save 40-50%. If you like the factory warranty and 'new car smell' here are a few online dealers that offer discounts vs an AD: (Check TRF trusted sellers too, of course...) http://www.swiss-wrist.com/ http://www.jomashop.com/ http://www.alanfurman.com/ |
14 April 2015, 04:30 AM | #20 |
"TRF" Member
Join Date: Jun 2013
Real Name: Richard
Location: USA
Watch: me set the time
Posts: 2,520
|
This one or any others with everose bracelet. Maybe some men wear these, but I was told most of these are sold to ladies.
|
14 April 2015, 04:45 AM | #21 |
"TRF" Member
Join Date: Apr 2008
Real Name: Tom
Location: In a race car!
Watch: ME RACE PORSCHES
Posts: 24,123
|
this was my wifes first Daytona
we shared this one for few years, good for man or women IMHO |
14 April 2015, 06:00 AM | #22 |
"TRF" Member
Join Date: Nov 2013
Location: Chicago
Watch: GMT BLNR
Posts: 224
|
If Rolex made a 36mm DJ with a purple dial I would buy one for my wife.
|
14 April 2015, 06:07 AM | #23 |
2024 Pledge Member
Join Date: Jun 2013
Location: ATL
Watch: 126610LV
Posts: 2,752
|
If you want value retention then you are going to need to get a 36mm with a discount. That will hold it's value more than a 31mm
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
Thread Tools | |
Display Modes | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.