ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

inadeje · 26 September 2022, 05:49 AM

Yes, they were tiresome. Yes, they were tedious. Now it’s all over we can now switch to Rolex as a remedy to run away inflation.

Rolex have always been a great hedge against that evil and since it’s not an investment anymore people can wear the watches in the interim.

Notsoprobro · 26 September 2022, 05:59 AM

Isn't using watches as a medium of avoiding inflation... an investment? Seems contradictory, in my opinion.

HogwldFLTR · 26 September 2022, 06:08 AM

Isn't a thread on no more investment threads an investment thread? Are you going through withdrawals?

SLWoodster · 26 September 2022, 06:10 AM

You are your own worst enemy. Everyone was quiet and you had to bring it up.

Rolex as an investment was always folly unless you are yourself a renowned grey dealer or selling on the top auctions - Christie's, Phillips, Bonhams... etc... As many long time collectors here know, there is a 15% difference between all the list prices and the actual net price. Transaction cost was so damn high. But of course, the margin was large enough to be worth it. ALOT of the prices have been soft through this time unless you had a large audience to sell to.

Rolex basic stainless down recently, but not that bad. It's been insane to me how resilient this basic black Rolex Submariner is to market forces. But it's important remember Rolex itself also increased prices 15% during this time.

They've pretty much proven liquidity through this recent run. They will continue to be mentioned as investment pieces. I don't really consider them to be so. Can't trade enough volume for me to consider increased market prices a significant gain. But, it sure feels better than taking a bath everytime you're ready to trade up.

vie de la montre · 26 September 2022, 06:23 AM

Quote:

Originally Posted by SLWoodster

You are your own worst enemy. Everyone was quiet and you had to bring it up.

Rolex as an investment was always folly unless you are yourself a renowned grey dealer or selling on the top auctions - Christie's, Phillips, Bonhams... etc... As many long time collectors here know, there is a 15% difference between all the list prices and the actual net price. Transaction cost was so damn high. But of course, the margin was large enough to be worth it. ALOT of the prices have been soft through this time unless you had a large audience to sell to.

Rolex basic stainless down recently, but not that bad. It's been insane to me how resilient this basic black Rolex Submariner is to market forces. But it's important remember Rolex itself also increased prices 15% during this time.

They've pretty much proven liquidity through this recent run. They will continue to be mentioned as investment pieces. I don't really consider them to be so. Can't trade enough volume for me to consider increased market prices a significant gain. But, it sure feels better than taking a bath everytime you're ready to trade up.

Amen!

MrGoat · 26 September 2022, 06:24 AM

Quote:

Originally Posted by Notsoprobro

Isn't using watches as a medium of avoiding inflation... an investment? Seems contradictory, in my opinion.

This.

Sent from my Apple privacy invasion product

kieselguhr · 26 September 2022, 06:29 AM

Will celebrate when all mention of value in any direction ceases

173rdabn · 26 September 2022, 06:35 AM

HMMMM

7sins · 26 September 2022, 07:32 AM

Would be fine if the threads came back if it meant values went back up lol

bluestreak · 26 September 2022, 07:36 AM

People get so triggered at any mention of value on a site devoted to discussion of luxury items that cost five or six figures.
Seems a little crazy.

bluestreak · 26 September 2022, 07:38 AM

Quote:

Originally Posted by 7sins

Would be fine if the threads came back if it meant values went back up lol

No, we need continued global economic collapse so grey dealers can suffer…

TswaneNguni · 26 September 2022, 07:39 AM

It will turn around in 2024 ...enjoy the hiatus .

Wearing a 126610LN today ,its always a privilege.

Brian Page · 26 September 2022, 07:41 AM

Quote:

Originally Posted by HogwldFLTR

Isn't a thread on no more investment threads an investment thread? Are you going through withdrawals?

Ha

Marcjvr · 26 September 2022, 07:44 AM

Quote:

Originally Posted by inadeje

we can now switch to Rolex as a remedy to run away inflation.

Sounds like you are talking about Rolex as an investment…

AbeFroman · 26 September 2022, 08:28 AM

Quote:

Originally Posted by Notsoprobro

Isn't using watches as a medium of avoiding inflation... an investment? Seems contradictory, in my opinion.

Yes lol

Harry-57 · 26 September 2022, 08:59 AM

Quote:

Originally Posted by Notsoprobro

Isn't using watches as a medium of avoiding inflation... an investment? Seems contradictory, in my opinion.

Is contradictory, in my opinion.

All this nonsense is getting either binned or bounced into "Watch Out". This section has become a breath of fresh air. Well, nearly.

26 September 2022, 05:49 AM	#1
inadeje 2024 SubLV41 Pledge Member Join Date: Jan 2013 Location: Miami Watch: me lose count. Posts: 5,907	Hallelujah to the demise of investment threads Yes, they were tiresome. Yes, they were tedious. Now it’s all over we can now switch to Rolex as a remedy to run away inflation. Rolex have always been a great hedge against that evil and since it’s not an investment anymore people can wear the watches in the interim. __________________ ♛ 218206 Roman ♛ 116689 ♛ 126710BLRO ♛ 16520 white ♛ 16523 white ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1R-001 - AP 26331ST Panda - Panerai Bronzo 671 & 111, Ω Speedmaster 1957 Broad Arrow, Cartier Santos XL - Montblanc TimeWalker Chrono 41

26 September 2022, 05:59 AM	#2
Notsoprobro "TRF" Member Join Date: Sep 2018 Location: USA Posts: 376	Isn't using watches as a medium of avoiding inflation... an investment? Seems contradictory, in my opinion. __________________ Rolex GMT 116719BLRO Audemars Piguet Royal Oak 15510st Omega Seamaster 210.30.42.20.04.001 Omega Speedmaster Chronoscope 329.30.43.51.03.001

26 September 2022, 06:08 AM	#3
HogwldFLTR 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Aug 2012 Real Name: Lee Location: 42.48.45N70.48.48 Watch: Too many to list! Posts: 33,693	Isn't a thread on no more investment threads an investment thread? Are you going through withdrawals? __________________ Troglodyte in residence! https://www.rolexforums.com/showthread.php?t=808599

26 September 2022, 07:32 AM	#9
7sins "TRF" Member Join Date: Mar 2011 Real Name: B. Location: Beverly Hills, CA Posts: 3,622	Would be fine if the threads came back if it meant values went back up lol __________________ Richard Mille RG RM030 \|\| Richard Mille RM72ti \|\| AP 26240 50TH Green Royal Oak Chrono \|\| AP Royal Oak Off Shore Gulf Blue 26238 \|\| AP Royal Oak Blue JUMBO SS 15202ST \|\| AP ROO Diver Green 15720ST \|\| ♕ Rolex Platinum Daytona Diamond 116506 \|\| Cartier Santos

26 September 2022, 06:10 AM	#4
SLWoodster "TRF" Member Join Date: Apr 2019 Location: California Watch: GMT BLNR Posts: 1,513	You are your own worst enemy. Everyone was quiet and you had to bring it up. Rolex as an investment was always folly unless you are yourself a renowned grey dealer or selling on the top auctions - Christie's, Phillips, Bonhams... etc... As many long time collectors here know, there is a 15% difference between all the list prices and the actual net price. Transaction cost was so damn high. But of course, the margin was large enough to be worth it. ALOT of the prices have been soft through this time unless you had a large audience to sell to. Rolex basic stainless down recently, but not that bad. It's been insane to me how resilient this basic black Rolex Submariner is to market forces. But it's important remember Rolex itself also increased prices 15% during this time. They've pretty much proven liquidity through this recent run. They will continue to be mentioned as investment pieces. I don't really consider them to be so. Can't trade enough volume for me to consider increased market prices a significant gain. But, it sure feels better than taking a bath everytime you're ready to trade up.

26 September 2022, 06:29 AM	#7
kieselguhr "TRF" Member Join Date: May 2013 Real Name: Nick Location: Las Vegas Watch: 1601 Posts: 10,623	Will celebrate when all mention of value in any direction ceases

26 September 2022, 06:35 AM	#8
173rdabn 2024 SubLV41 Pledge Member Join Date: Jan 2013 Real Name: George Location: Cape Cod Watch: 216570 Explorer II Posts: 2,421	HMMMM

26 September 2022, 07:36 AM	#10
bluestreak "TRF" Member Join Date: Nov 2021 Location: Washington, DC Posts: 1,609	People get so triggered at any mention of value on a site devoted to discussion of luxury items that cost five or six figures. Seems a little crazy.

26 September 2022, 07:39 AM	#12
TswaneNguni "TRF" Member Join Date: Feb 2008 Real Name: Chris Location: . Watch: Daytonas/Subs/GMTs Posts: 12,609	It will turn around in 2024 ...enjoy the hiatus . Wearing a 126610LN today ,its always a privilege.

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