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 22 August 2024, 05:40 AM   #1
javier
"TRF" Member
 
Join Date: Aug 2016
Location: Argentina
Posts: 804
It is worth continuing to buy Rolex watches

It is worth having a Rolex collection and continuing to buy them if you are over 60, even if you have enough money... ?

It is my dilemma at this point in life
javier is offline   Reply With Quote
Old 22 August 2024, 05:42 AM   #2
Candy8869
"TRF" Member
 
Join Date: Aug 2024
Location: US
Watch: Current: PO Oreo
Posts: 21
That's a question only you can answer. In my experience, hobbies are always money pits. Lol.
Candy8869 is offline   Reply With Quote
Old 22 August 2024, 05:43 AM   #3
WatchTimes
2024 ROLEX DATEJUST41 Pledge Member
 
WatchTimes's Avatar
 
Join Date: Jun 2008
Real Name: JYogi/Jeremy
Location: Metro Detroit USA
Watch: It's a Rolex!
Posts: 5,787
You have worked hard, why not enjoy it and buy what you want?
You can't take the cash with you and you can't take the watches with you but if you will enjoy wearing them more than some extra cash sitting in your bank account why not?
__________________
"You won't rise to the occasion - you'll default to your level of training." Barrett Tillman

Kentucky Colonel, Tennessee Squire & Combat Leprechaun
WatchTimes is offline   Reply With Quote
Old 22 August 2024, 05:49 AM   #4
majidessa
"TRF" Member
 
Join Date: Apr 2015
Location: .
Posts: 389
If you are over 60 you are still young, if you still enjoy collecting watches and money is no issue you should conitune to do what you love, only you can tell when it is the right time to stop
majidessa is offline   Reply With Quote
Old 22 August 2024, 05:50 AM   #5
996marty
"TRF" Member
 
996marty's Avatar
 
Join Date: May 2019
Location: Uk
Watch: RolexGMT/Tudor7928
Posts: 4,182
If you enjoy them then why wouldn’t you buy them?
996marty is offline   Reply With Quote
Old 22 August 2024, 05:51 AM   #6
Mystro
2024 SubLV41 Pledge Member
 
Mystro's Avatar
 
Join Date: Dec 2009
Real Name: The Mystro ;)
Location: Central Pa.
Posts: 15,509
Quote:
Originally Posted by javier View Post
It is worth having a Rolex collection and continuing to buy them if you are over 60, even if you have enough money... ?

It is my dilemma at this point in life
What does age have to do with it?? I guess if you are happy with your watches at any age then I guess you can move on to something else.
__________________
https://www.dropbox.com/s/hyitq0aikqgajc0/Time%20sig.jpg?raw=1[/img]
Mystro is online now   Reply With Quote
Old 22 August 2024, 05:51 AM   #7
123Blueface
"TRF" Member
 
123Blueface's Avatar
 
Join Date: Jun 2015
Location: USA
Watch: All
Posts: 5,315
I’m 65 and have bought quite a few in my 60’s.
I’m not ready for a casket yet so as long as I can wear and enjoy them, I’ll keep buying what I like.
__________________
Rolex 228235 DD40 Olive, 126710BLRO, 116710BLNR, 116613LB, 116500LN White, 126610LN, 116500LN Black, 126610LV, 116610LV, 126334 Blue Diamond
Breitling Navitimer 01, Cartier Santos Large
123Blueface is offline   Reply With Quote
Old 22 August 2024, 06:01 AM   #8
espanol
2024 Pledge Member
 
espanol's Avatar
 
Join Date: Nov 2020
Real Name: Mitchell
Location: EST, EAT
Watch: Trusty Explorer
Posts: 1,082
If it’s something you enjoy, then go for it. Age doesn’t matter.

But if you are merely buying because ADs are offering you models that you perceive to be hard to come by, then no, don’t fall into that trap. Hedonic treadmill will never stop that way.
espanol is offline   Reply With Quote
Old 22 August 2024, 06:02 AM   #9
Oldwoods
"TRF" Member
 
Join Date: May 2018
Location: Scotland
Watch: Rolex Hulk
Posts: 495
I’m 68 and still collecting. Picked up my most recent watch yesterday. Your never too old.
__________________
Enjoying: Daytona, Submariner Hulk, Bluesy, Seadweller, Explorer, White Milgauss, DJ41 fluted and mint green. Oyster Perpetual 41 green dial, Oyster Perpetual 39 grape dial, Oyster Perpetual 41 Celebration dial, Tudor BB Harrods edition, Tudor BB 41 Burgundy (metas edition).
Oldwoods is offline   Reply With Quote
Old 22 August 2024, 06:06 AM   #10
VictorGMT
"TRF" Member
 
Join Date: Mar 2022
Location: Nashville, TN
Posts: 336
I say yes, I'm not stopping at 62.

I've written a description of each watch and what they mean to me for my wife and kids. Told them to keep what they want, send the already taken photos of watch and box etc. to three trusted sellers and ask for a price. Sell what they like.

Trying to document ALL of my stuff that way. The tough thing is I might have a box of guitar parts with a few valuable nuggets but the rest stuff to save me a trip to the music store on a Saturday night. A $1,000 value box with one $450 part and 550 $1 parts.

And all of my hobbies seem this way. I guess I shouldn't worry too much but I don't want the dissipation of my office and garage contents, which none of them will want, to take a month of hard work.
VictorGMT is offline   Reply With Quote
Old 22 August 2024, 06:18 AM   #11
HogwldFLTR
2024 ROLEX SUBMARINER 41 Pledge Member
 
HogwldFLTR's Avatar
 
Join Date: Aug 2012
Real Name: Lee
Location: 42.48.45N70.48.48
Watch: Too many to list!
Posts: 33,692
Buy, buy…

Sell, sell..
__________________
Troglodyte in residence!

https://www.rolexforums.com/showthread.php?t=808599
HogwldFLTR is offline   Reply With Quote
Old 22 August 2024, 06:33 AM   #12
swils8610
2024 SubLV41 Pledge Member
 
swils8610's Avatar
 
Join Date: Sep 2012
Real Name: shannon
Location: usa
Posts: 9,210
I’ve never looked at my watches as collectible or as a hobby. I buy them to wear and enjoy.


Sent from my iPhone using Tapatalk Pro
swils8610 is offline   Reply With Quote
Old 22 August 2024, 06:44 AM   #13
Harry-57
2024 Pledge Member
 
Harry-57's Avatar
 
Join Date: Apr 2018
Real Name: Harry
Location: England
Posts: 10,668
Age is irrelevant. Do you want it? Can you afford it?

Live while you still can.
Harry-57 is online now   Reply With Quote
Old 22 August 2024, 06:44 AM   #14
Mr Ben
"TRF" Member
 
Join Date: Sep 2022
Location: UK
Watch: 226570
Posts: 980
That’s a totally personal choice. I’m assuming I may buy another couple of random fun pieces - at this point I’m thinking 5 digit classics.

I have one in mind for my combined 50th/ retirement (not a Rolex) and then I reckon I’ll stop. I’d rather spend my money on the kids, travel and golf and enjoy what I already bought. But who knows - I may be tempted to exchange one or two in my 60’s or 70’s - it’s your money so up to you.
Mr Ben is offline   Reply With Quote
Old 22 August 2024, 06:53 AM   #15
GST15
"TRF" Member
 
Join Date: Apr 2020
Location: USA
Watch: CHNR/YM/DJ/OP/SUB
Posts: 1,967
If I left all of my assets in cash to my children and grandchildren, it would be spent and forgotten. Leaving my watch collection as part of my estate, my hope is that they will have something to remember me by. Something with my DNA on it. They have an interest in watches, so that helps. But I will continue to collect watches, and keep updating the distribution.
GST15 is offline   Reply With Quote
Old 22 August 2024, 08:17 AM   #16
Harry-57
2024 Pledge Member
 
Harry-57's Avatar
 
Join Date: Apr 2018
Real Name: Harry
Location: England
Posts: 10,668
Quote:
Originally Posted by GST15 View Post
Leaving my watch collection as part of my estate, my hope is that they will have something to remember me by.
You can hope.

Our children and grandchildren will also inherit our watches among other things. If they wear them, cherish them, give them away or sell them, it won't make any difference to me by then.
Harry-57 is online now   Reply With Quote
Old 22 August 2024, 08:24 AM   #17
0nly5iv3Digits
"TRF" Member
 
0nly5iv3Digits's Avatar
 
Join Date: Apr 2015
Location: EARTH
Watch: What is "watch"?
Posts: 1,347
I love (old) rolex - my answer is YES! :D
__________________
UNpolished or I’m not interested” 😎
2FA Enabled
0nly5iv3Digits is offline   Reply With Quote
Old 22 August 2024, 08:36 AM   #18
Tools
TRF Moderator & 2024 SubLV41 Patron
 
Tools's Avatar
 
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,514
Some of us continue our passions until the day we die.

For some that can be stamps, coins, widgets or watch collecting. What does it matter, they are all going to the same place when you are gone.

Personally, I would need to look very closely to buy another high end watch at my age. It isn't so much that I don't care for them any longer, it's that the newest crop does not interest me more than the couple of dozen I already have.
__________________
(Chill ... It's just a watch Forum.....)
NAWCC Member
Tools is offline   Reply With Quote
Old 22 August 2024, 08:39 AM   #19
Cambo
"TRF" Member
 
Join Date: Dec 2012
Real Name: Cam
Location: North of 49th
Watch: Rolex/Grand Seiko
Posts: 1,934
Quote:
Originally Posted by WatchTimes View Post
You have worked hard, why not enjoy it and buy what you want?
You can't take the cash with you and you can't take the watches with you but if you will enjoy wearing them more than some extra cash sitting in your bank account why not?
Absolutely this! We worry way too much about making/maintaining wealth in our younger days. Hard to break that habit….im giving it a try though….bought a boat last year…I hear they are way better money pits than watches
BTW I’m enjoying my watches more than ever. No longer trying to impress anyone or trying to keep them pristine…wear, scuff, scratch, repeat.
__________________
16618 126710BLRO 116500 LN (White) 228235 228239
SBGK002
Cambo is offline   Reply With Quote
Old 22 August 2024, 08:40 AM   #20
sambb
"TRF" Member
 
Join Date: Nov 2009
Location: USA/UK
Posts: 1,375
These are Luxury items. Is it worth driving a luxury car, or having a home that has nicer amenities, or going to a nice restaurant? all luxuries.
I am, however, starting to sell off unusued pieces. If I dont wear a timepiece every few weeks, then im increasingly selling what i dont use. I would do the same with a car or home i didnt use. Im curious how others feel about the unused timepiece or even the unused luxury item.
sambb is offline   Reply With Quote
Old 22 August 2024, 08:48 AM   #21
NAUI1982
2024 SubLV41 Pledge Member
 
NAUI1982's Avatar
 
Join Date: Feb 2014
Real Name: Doug
Location: USA East Coast
Watch: GMT-Master II
Posts: 355
Quote:
Originally Posted by javier View Post
It is worth having a Rolex collection and continuing to buy them if you are over 60, even if you have enough money... ?

It is my dilemma at this point in life
What the actual huh? If you’re over 60, you’re too old to buy a Rolex?

Next!
NAUI1982 is online now   Reply With Quote
Old 22 August 2024, 08:48 AM   #22
JoseR
"TRF" Member
 
Join Date: Apr 2019
Location: Philly.
Watch: Air King, Omega AT
Posts: 2,274
I’m 65 and have bought quite a few in my 60’s.

This is the only thing we have in common. As far as the watches, I'll stay in my lane.
__________________
Air King 116900
Omega AT41 Gray Dial/Leather
Oris Pointer Date Roberto Clemente LE
JoseR is offline   Reply With Quote
Old 22 August 2024, 08:50 AM   #23
bigheart
"TRF" Member
 
Join Date: Jun 2011
Location: southern US
Watch: 26 and 31mm DJ
Posts: 97
Quote:
Originally Posted by 123Blueface View Post
I’m 65 and have bought quite a few in my 60’s.
I’m not ready for a casket yet so as long as I can wear and enjoy them, I’ll keep buying what I like.
Why does this forum not have a like button? I like this post
bigheart is online now   Reply With Quote
Old 22 August 2024, 08:51 AM   #24
JoseR
"TRF" Member
 
Join Date: Apr 2019
Location: Philly.
Watch: Air King, Omega AT
Posts: 2,274
Quote:
Originally Posted by NAUI1982 View Post
What the actual huh? If you’re over 60, you’re too old to buy a Rolex?

Next!
I started in my 60's. Age is just a number, it's all about how you feel about yourself.
__________________
Air King 116900
Omega AT41 Gray Dial/Leather
Oris Pointer Date Roberto Clemente LE
JoseR is offline   Reply With Quote
Old 22 August 2024, 08:55 AM   #25
henrylee
"TRF" Member
 
henrylee's Avatar
 
Join Date: Jan 2011
Location: Socal/LA
Watch: 116610LN Ceramic
Posts: 3,223
I was once told “You’re not taking your money with you to your grave, so use it!”
__________________
♛ Sub 116610LN 2011 ♛ GMT 126710BLNR 2021 ♛ GMT 126711CHNR 2020 ♛ Datejust 16233 X-series 1993 Ω Speedmaster Mitsukoshi 2019 č Cartier Tank w5200025 2021
henrylee is offline   Reply With Quote
Old 22 August 2024, 09:03 AM   #26
cdmorenot
2024 SubLV41 Pledge Member
 
cdmorenot's Avatar
 
Join Date: Jun 2015
Real Name: Carlos.
Location: NNJ - MDE
Watch: = Want them all.
Posts: 3,697
I'm not in my 40's yet but 60's will be here before I know it...

I plan on leaving my kid two of the following 3:

1 - A good education
2 - Some money
3 - A few watches

1 & 3 are my top choices right now.
__________________
| Breguet | Cartier | Casio | Hublot | IWC | Omega | Rolex | Seiko |
cdmorenot is offline   Reply With Quote
Old 22 August 2024, 09:06 AM   #27
Starhutch
2024 SubLV41 Pledge Member
 
Starhutch's Avatar
 
Join Date: Jan 2018
Real Name: HUTCH
Location: USA
Watch: PROBLEM
Posts: 1,364
Yes absolutely
Starhutch is offline   Reply With Quote
Old 22 August 2024, 09:07 AM   #28
Guppydriver
2024 ROLEX SUBMARINER 41 Pledge Member
 
Guppydriver's Avatar
 
Join Date: Mar 2020
Real Name: A-Aron
Location: Utah
Watch: 126710BLNR 226570
Posts: 2,226
Geesh. I wouldn’t start packing away your life so quickly. Stay young at heart. Stay busy. Buy some kick ass watches and buy the car you wish you would have bought in your 20’s but couldn't afford.

If you have a passion for Rolex, keep buying until the passion disappears up to when you disappear.
Guppydriver is offline   Reply With Quote
Old 22 August 2024, 09:26 AM   #29
GVAZQUEZ
"TRF" Member
 
GVAZQUEZ's Avatar
 
Join Date: Jul 2018
Location: Houston, TX
Watch: KERMIT 16610LV
Posts: 669
Whoo I agree OP is young live and enjoy! I agree with everyones reply’s you never “too” young to do something or collect something. I like cars, watches and guitars! Collecting is fun, in the end my two kids will end up with everything. Might as well enjoy while you can!

Good topic


Sent from my iPhone using Tapatalk
GVAZQUEZ is offline   Reply With Quote
Old 22 August 2024, 09:59 AM   #30
omar-rye
"TRF" Member
 
omar-rye's Avatar
 
Join Date: Feb 2020
Location: Underground
Posts: 2,664
Why not?

Wait…is this an investment question?
omar-rye 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

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches

Asset Appeal

Wrist Aficionado

My Watch LLC


*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.