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 February 2020, 08:24 AM   #1
cdf7640
"TRF" Member
 
Join Date: Mar 2019
Location: Brooklyn, NY
Watch: 1972 DateJust
Posts: 46
Rolex Sub Ref. 14060M

I have an opportunity to buy a sub ref 14060m 4-line for 7800usd with the green card that was apparently serviced 6-months ago. I already own a DateJust 1601 w/ a jubilee but am looking for something a bit more modern/substantial but with a vintage heritage, and this seems to be what I am looking for. The question is this: I am a freelancer and my income fluctuates from year to year, do you think it's worth buying now (I'm assuming this watch will be going up in price considering it's the last updated watch of that era and the price has nearly doubled over the past 5 years) and if for some reason I'd be able to resell it with little loss?
cdf7640 is offline   Reply With Quote
Old 6 February 2020, 08:30 AM   #2
illiguy
2024 SubLV41 Pledge Member
 
illiguy's Avatar
 
Join Date: Dec 2013
Location: UTC/GMT -5
Posts: 3,661
Price depends on a lot of factors, including condition and provenance. 7800 USD is in the realm/range of a good condition b+p 14060m though based on my anecdotal observations.

Good luck ...
illiguy is offline   Reply With Quote
Old 6 February 2020, 08:30 AM   #3
Tools
TRF Moderator & 2024 SubLV41 Patron
 
Tools's Avatar
 
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,502
A watch isn't a very good financial instrument.
__________________
(Chill ... It's just a watch Forum.....)
NAWCC Member
Tools is offline   Reply With Quote
Old 6 February 2020, 08:42 AM   #4
csaltphoto
"TRF" Member
 
csaltphoto's Avatar
 
Join Date: Jan 2019
Location: US
Watch: sub
Posts: 2,428
If it's a full box and papers set (Inner and outer boxes, hang tag and seal, booklets, card) and in good shape that is a decent price these days. The 4 line versions seem to sell for somewhat more than the two line versions.
csaltphoto is offline   Reply With Quote
Old 6 February 2020, 08:50 AM   #5
djgallo
Banned
 
Join Date: Jul 2019
Location: Eastwest
Posts: 1,322
I agree with the others, based on condition and full set, it is a fair price.

No one knows what the market will be for resale in the future...

If you are unsure of your financial situation...you may want to postpone the purchase until you feel more confident....why lose any sleep.
djgallo is offline   Reply With Quote
Old 6 February 2020, 09:00 AM   #6
newu5er
"TRF" Member
 
newu5er's Avatar
 
Join Date: Feb 2014
Location: USA/Denmark
Posts: 651
Honestly, I wouldn't make a significant purchase unless I had my financial house straight and had the ability to withstand a little volatility.
newu5er is offline   Reply With Quote
Old 6 February 2020, 09:20 AM   #7
214270Explorer
"TRF" Member
 
Join Date: Sep 2018
Location: United States
Watch: me buy Watches
Posts: 3,955
Keep in mind that if it is about ten years old or so it could likely need a service soon, as did mine, a 2010 model (4-liner.) The older lubes gummed up, $545 to service by an independent Rolex Service.

Well worth it for me, though, as it had hardly ever been worn before I obtained it. I paid over $8K for it.


__________________
The display of actual intelligence terrifies much of mankind

Rolex "some"
Tudor "some"
Damasko "some"
Misc Pieces "some"
Marathon "some"
GS Spring Drive "some"
Hamilton "some"
Findeisen "some"
214270Explorer is offline   Reply With Quote
Old 6 February 2020, 09:26 AM   #8
vicsdca
Banned
 
Join Date: Feb 2019
Location: USofA
Posts: 582
It's a fantastic reference, a true classic. However, do not assume it will go up in price.
vicsdca is offline   Reply With Quote
Old 6 February 2020, 11:20 AM   #9
Oldfellow
2024 ROLEX DATEJUST41 Pledge Member
 
Join Date: Jun 2018
Location: Australia
Posts: 2,192
The 14060M is a classic, and is becoming increasingly popular.
I have this watch and it is one of my favorites.
However, do not buy it for an investment, or if your finances are such that you may have to worry about the purchase in the short term.
Oldfellow is offline   Reply With Quote
Old 6 February 2020, 02:49 PM   #10
cdf7640
"TRF" Member
 
Join Date: Mar 2019
Location: Brooklyn, NY
Watch: 1972 DateJust
Posts: 46
What do you think of the Datejust 1601 vs the 14060M Sub?
cdf7640 is offline   Reply With Quote
Old 6 February 2020, 05:12 PM   #11
S.C
"TRF" Member
 
S.C's Avatar
 
Join Date: Nov 2015
Real Name: S.C
Location: Dubai
Watch: DD 40
Posts: 156
I have 3 subs and I wear my 14060m more than I do my 116610LN. It feels like a throw back to the Rolex glory years of 60s and 70s.
__________________
Instagram: DubaiWatchGuy
S.C is offline   Reply With Quote
Old 6 February 2020, 07:07 PM   #12
Mick8moses
Banned
 
Join Date: Jun 2011
Real Name: Mick
Location: Atlanta
Posts: 1,524
Can't go wrong with a 14060m. I lean toward the 2-line myself. I doubt you would have trouble moving a full set if you needed too. But as others have said, I wouldn't treat it as a financial asset. It's not that liquid.


Sent from my iPhone using Tapatalk Pro
Mick8moses is offline   Reply With Quote
Old 6 February 2020, 07:09 PM   #13
imbatman
"TRF" Member
 
Join Date: Oct 2019
Location: Riyadh
Watch: 116710BLNR
Posts: 76
great watch, but I'm not sure if you can say it's an investment.
imbatman is offline   Reply With Quote
Old 6 February 2020, 11:39 PM   #14
beshannon
"TRF" Member
 
beshannon's Avatar
 
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
Quote:
Originally Posted by cdf7640 View Post
I'm assuming this watch will be going up in price considering it's the last updated watch of that era and the price has nearly doubled over the past 5 years
Really?
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock
beshannon is offline   Reply With Quote
Old 7 February 2020, 12:30 AM   #15
10klakes
"TRF" Member
 
10klakes's Avatar
 
Join Date: Nov 2017
Location: USA
Watch: Collector
Posts: 1,482
2 liner > 4 liner imo.

I have always admired the 5512 and 5513 and their lack of text on the dials. The 14060m 2 liner is the next closest thing without going deep into vintage. So..... if the OP is looking for that touch of vintage with modern amenities- I would be more after a 2 liner.

Value wise, I think this reference is going to hold steady. Double in a year or two? Not likely-
10klakes is offline   Reply With Quote
Old 7 February 2020, 12:35 AM   #16
brandrea
2024 SubLV41 Pledge Member
 
brandrea's Avatar
 
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 77,940
I’d never buy a watch if were worried about it’s investment value to this degree. My advice is to wait a bit longer until you can buy it worry free.
brandrea is online now   Reply With Quote
Old 7 February 2020, 02:24 AM   #17
SearChart
TechXpert
 
SearChart's Avatar
 
Join Date: May 2012
Location: Earth
Posts: 23,635
Quote:
Originally Posted by beshannon View Post
Really?
I remember passing on a new one in 2011 for €4150
__________________
Quote:
Originally Posted by GB-man View Post
Rolex uses rare elves to polish the platinum. They have a union deal and make like $90 per hour and get time and half on weekends.
SearChart is offline   Reply With Quote
Old 7 February 2020, 02:34 AM   #18
Paulsky
"TRF" Member
 
Join Date: Feb 2017
Location: New York City
Posts: 87
I think the OP’s question isn’t about whether the watch is a good investment or not. It’s more about whether it’s worth buying the 14060 now, given the current price, or wait and see if the prices maybe go down.
I think it’s impossible to answer that question. I faced a similar dilemma when deciding whether to buy a 16710. Ultimately I chose to buy it and am very happy with it. I think even if prices come down they won’t drop too much.
Paulsky is offline   Reply With Quote
Old 7 February 2020, 05:33 AM   #19
Stew7
"TRF" Member
 
Join Date: Feb 2014
Location: MA, US
Watch: Omega, Rolex
Posts: 361
I do not think prices will go down on the 14060 but I don't think they will skyrocket necessarily either in the way that the 16610LV or 16710s did the last 2 years.
Stew7 is online now   Reply With Quote
Old 7 February 2020, 05:35 AM   #20
illiguy
2024 SubLV41 Pledge Member
 
illiguy's Avatar
 
Join Date: Dec 2013
Location: UTC/GMT -5
Posts: 3,661
Quote:
Originally Posted by Stew7 View Post
I do not think prices will go down on the 14060 but I don't think they will skyrocket necessarily either in the way that the 16610LV or 16710s did the last 2 years.
Chimed in earlier and, coming back to this thread, agree with everything others have said - namely, never buy watches as investments. Will say, however, that certain variants of the 14060Ms have seemed to appreciate or be seen as slightly more desirable than others. By that I mean the Random Serial 14060Ms.
illiguy is offline   Reply With Quote
Old 7 February 2020, 05:47 AM   #21
kieselguhr
"TRF" Member
 
kieselguhr's Avatar
 
Join Date: May 2013
Real Name: Nick
Location: Las Vegas
Watch: 1601
Posts: 10,619
I would focus on setting my financial ducks in a row before ever considering any watch purchase. Even if it was a great deal.
kieselguhr is offline   Reply With Quote
Old 7 February 2020, 08:43 AM   #22
cdf7640
"TRF" Member
 
Join Date: Mar 2019
Location: Brooklyn, NY
Watch: 1972 DateJust
Posts: 46
Yea, I think as a single freelance artist living in NYC, I know I will never be able to own a house in this area (most apts are 1m+). So I don't own a car, don't own a house, don't have a family or kids....I have ok savings (250k) so I'm in this place where I feel like I want to own something that is substantial. Something that I can enjoy and appreciate but is also somewhat valuable. Does that make sense?
cdf7640 is offline   Reply With Quote
Old 28 March 2020, 04:45 AM   #23
m j b
"TRF" Member
 
m j b's Avatar
 
Join Date: Mar 2011
Real Name: Michael
Location: RTP, NC, USA
Watch: ♕& Ω
Posts: 5,215
Quote:
Originally Posted by cdf7640 View Post
Does that make sense?
Absolutely.

Buy it though, because you want it, not as an investment. You will wear it, it will get dinged and scratched and will be worth less than what you paid.

If that's OK, then go for it. If perchance it maintains its value or even goes up, then you've got what we call a win-win. Otherwise, it's just a watch.
__________________
Enjoy life - it has an expiration date.


Disclaimer: Please note that the avatar is not an accurate representation of how I look. The camera adds 10 pounds...
m j b is offline   Reply With Quote
Reply


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

Wrist Aficionado

DavidSW Watches

Takuya Watches

OCWatches

Asset Appeal


*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.