ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
|
22 November 2024, 12:18 AM | #1 |
"TRF" Member
Join Date: May 2024
Location: Miami
Posts: 85
|
Chances are if you love the watch you wont get rid of it....it's only an investment for when you give it to your kids
Otherwise youre in the wrong hobby |
22 November 2024, 12:29 AM | #2 |
"TRF" Member
Join Date: Dec 2021
Location: UK
Posts: 310
|
The Datejust is and always will be great watch , a classic and wether price goes up or down is insignificant .
|
22 November 2024, 12:58 AM | #3 |
"TRF" Member
Join Date: Nov 2019
Real Name: Vincent
Location: 215
Watch: SS Sub
Posts: 2,346
|
it's like asking a plumber about financial advises. no good.
Buy the watch because you enjoy wearing it, not for investment |
22 November 2024, 01:21 AM | #4 |
2024 Pledge Member
Join Date: May 2019
Location: NYC
Posts: 299
|
It can be an investment. But more likely than not will lose you money.
|
22 November 2024, 01:23 AM | #5 |
"TRF" Member
Join Date: Mar 2022
Location: Nashville, TN
Posts: 332
|
I wish I could quote 90% of the posts above.
Instead, I'll say ^^^THIS^^^ and add my $.02. I do not see watches or any of the other fine things I buy as investments. I see them as purchases of things I enjoy, and I justify them further by saying that generally, they are a store of value in a generally inflationary world. Cash is trash, so I want to split my net worth between the market which is designed to go up over time, and quality physical items that tend to be good stores of wealth long term. |
22 November 2024, 02:03 AM | #6 |
"TRF" Member
Join Date: Oct 2018
Real Name: Matthew
Location: Tulsa, OK, USA
Posts: 1,949
|
In the long run I can't imagine any Datejust being an "investment." And I own one. However I would also say that in the long run the Datejust is always going to maintain a level of demand that outpaces many other watches out there. This will particularly be the case if you have all of the boxes, manuals, card, tags, etc. Given Datejusts are far more readily available to the spur of the moment walk-in buyer, it is going to be much less likely for the average Datejust owner to know they should keep all packaging/documentation and keep it in good condition than the owner of a years-long waitlist model would be.
Long way of saying: if you own a Datejust in a good configuration and you keep the watch and contents in good order, you will generally never have a problem selling it - if you are realistic about the price. It will retain a decent amount of its value - it won't gain value. |
22 November 2024, 03:18 AM | #7 |
"TRF" Member
Join Date: Feb 2019
Real Name: Mark
Location: Southern England
Watch: DJ41 SubC SMP mast
Posts: 1,683
|
Echo what everyone says about enjoying hobby
My DJ41 126300 was £5450 in 2018 - a collosal amount of money really for what it is. Currently retails at 7300. Factoring inflation here in the uk “should” be about 6900. These above inflation rises are unsustained imo and I imagine it’ll be below the equivalent new version in value now or very soon in the new year. Buy what you like! And stick to something niche or more certain bet if it’s investments. White Milgauss? Seadweller 4k? 116520 Daytona? Anniversary sub? Maybe the hideous old air king. Who knows Sent from my iPhone using Tapatalk |
22 November 2024, 07:01 AM | #8 |
"TRF" Member
Join Date: Jul 2018
Location: UK
Posts: 828
|
DateJusts are great watches that are reliable and robust, and give their owners a lot of pleasure for decades. And if you do need to sell, will return a decent amount of money.
But they are not good financial investments. Buy a house instead. |
22 November 2024, 07:04 AM | #9 |
"TRF" Member
Join Date: Nov 2021
Location: In a handbasket
Posts: 1,268
|
NEVER buy a watch as an investment.
Stocks and land, those are investments.
__________________
"Look, he’s winding up the watch of his wit; by and by it will strike." W.S. |
22 November 2024, 08:09 AM | #10 |
"TRF" Member
Join Date: Feb 2024
Location: UK
Posts: 318
|
Well you know what they say about investments…..the value of them can go down as well as up, so in that sense yup….
Is it a good financial investment? Hell no |
22 November 2024, 08:12 AM | #11 |
"TRF" Member
Join Date: Apr 2020
Location: Orange County
Posts: 1,904
|
Watches aren’t investments lol. If you think they are I have some snake oil to sell you
__________________
AP 15500ST (Silver) // ♛ Rolex 126334 (Blue Roman, Fluted, Jubilee) // Ω Moonswatch (Mission to Pluto) // G-Shock GA2100-1A1 |
22 November 2024, 08:25 AM | #12 |
2024 SubLV41 Pledge Member
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 11,383
|
From a strictly value going forward prospective, the Sub is your best bet. This is because more people will want the Sub. You have two DJs anyway, time to branch out and enjoy SS sports models.
|
22 November 2024, 09:15 AM | #13 |
"TRF" Member
Join Date: Apr 2015
Location: EARTH
Watch: What is "watch"?
Posts: 1,328
|
Watches as investments... here we go!
__________________
“UNpolished or I’m not interested” 😎 2FA Enabled |
22 November 2024, 01:35 PM | #14 |
"TRF" Member
Join Date: Jul 2018
Location: Planet Earth
Watch: Me Now
Posts: 854
|
I do not see watches as investments. However, I appreciate the fact that, purely from a financial perspective, the watches I buy will hold close to their value for many years to come. Therefore my money is safe, and somewhat liquid.
I care less about this, though, as I buy to wear and enjoy. |
22 November 2024, 02:08 PM | #15 |
2024 Pledge Member
Join Date: Jul 2016
Location: The Ice House
Watch: Ingersoll Mickey
Posts: 3,381
|
Investment, sure, if that’s what you need to tell yourself… but I buy watches for fun, those are my dividends.
|
22 November 2024, 10:19 PM | #16 |
2024 SubLV41 Pledge Member
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 41,959
|
Watches are assets.
They are illiquid + rise or fall on the market. All trade at a discount to full market retail value due to dealers wanting maximum margin. For those reasons I think they are a collectible that you could monetize. Sent from my iPhone using Tapatalk Pro
__________________
Does anyone really know what time it is? |
23 November 2024, 12:09 AM | #17 |
"TRF" Member
Join Date: Jan 2009
Real Name: Larry
Location: Kentucky
Watch: Yes
Posts: 35,011
|
First rule of TRF: never use the word investment in the same sentence as watches.
Now, that said, the real lesson here is to not blindly listen to a 'friend,' or a 'guy on YouTube,' or any other self-proclaimed 'expert.' Do your homework. Look what pre-owned DJ's are going for, both by trusted and private sellers. From there, you can get pretty close to what the resale value of a DJ is. Trust me when I say doing your own research will be the best investment of all. |
23 November 2024, 12:18 AM | #18 |
"TRF" Member
Join Date: Feb 2020
Location: England
Posts: 388
|
My dad bought this in 1989 new for £1950GBP so long term it's a definite yes!
|
23 November 2024, 12:35 AM | #19 |
"TRF" Member
Join Date: Dec 2021
Location: US
Posts: 2,214
|
Collector must not be a friend because that advice is kind of lousy. That model is what the AD pushes.
|
23 November 2024, 06:01 AM | #20 |
2024 Pledge Member
Join Date: May 2020
Real Name: Ollie
Location: UK
Watch: Sub41 OP36 & DJ36
Posts: 1,974
|
2020 just re-entered the chat.
Sent from my iPhone using Tapatalk |
23 November 2024, 07:11 AM | #21 |
"TRF" Member
Join Date: Nov 2015
Location: Paradise Island
Watch: Daytona 116520
Posts: 999
|
Buying watches as an investment is very very wrong. Buy DJ as investment is so many more wrongs.
|
23 November 2024, 08:07 AM | #22 | |
2024 SubLV41 Pledge Member
Join Date: Sep 2008
Location: USA
Watch: Pepsi
Posts: 2,145
|
Quote:
__________________
Rest in peace JJ! http://www.rolexforums.com/showthrea...light=JJ+irani "Rolex is highly addictive. Please shop responsibly" |
|
23 November 2024, 08:58 AM | #23 |
"TRF" Member
Join Date: Mar 2023
Location: united states
Posts: 96
|
If you're leaning towards a sportier option, the Submariner could be a great choice
|
23 November 2024, 09:34 AM | #24 |
"TRF" Member
Join Date: Jul 2018
Real Name: David
Location: Florida
Watch: Rolex Two-tone Sub
Posts: 290
|
Not necessarily a great investment. Nothing you can count on to increase in value, but there will likely always be a market for it and it can easily be turned into $$$.
Next Rolex? I'd go Sub, date or no date - whatever floats your boat... |
23 November 2024, 09:38 AM | #25 |
2024 ROLEX DATEJUST41 Pledge Member
Join Date: Oct 2019
Real Name: Brian
Location: Nashville
Watch: 16750
Posts: 6,613
|
If it’s an investment in yourself and your happiness it’s a good investment. If not for that investment purpose a Rolex is not an investment.
__________________
16750 | 6516(wife’s) | 126334 | 16570 | SBGA413 | SRPE33 | 126610LV |
23 November 2024, 01:08 PM | #26 |
"TRF" Member
Join Date: May 2020
Location: Sector 001
Posts: 645
|
Never buy any watch as an investment, even Rolex most will go down in value as time passes. Some will go up, a DJ with a rare dial or combination, but who knows? Which?
Buy it because you like or love it and enjoy wearing it and how it makes you feel. Some are rare from the day of release, like a Celebration or Tiffany dial and will always be worth more but these are not the norm and are OPs not DJ. Meteorite dials any, they are all 1 of 1. Cheers, |
23 November 2024, 02:33 PM | #27 |
"TRF" Member
Join Date: Jul 2019
Location: USA
Watch: Rolex Yachtmaster
Posts: 99
|
They're a great investment...towards my happiness. Every time I look down on my wrist, I get a nice thrill of having a beautiful thing to wear. But $$ investment? that's in my stock portfolio. But both of them are valuable in their own way in my life.
|
23 November 2024, 05:19 PM | #28 |
"TRF" Member
Join Date: May 2019
Location: Uk
Watch: RolexGMT/Tudor7928
Posts: 4,181
|
That advice from the collector sounds like really bad advice. If you like watches you buy them for that reason not for investment purposes and unless it’s something that is really rare then you can hardly call it investment quality especially when you look at how many they churn out every year.
Maybe for your next watch buy something that sings to you and don’t be thinking about how much it’ll go up in value |
23 November 2024, 07:25 PM | #29 |
"TRF" Member
Join Date: Jan 2015
Real Name: Knackers
Location: NI/Aust/USA
Watch: and wait
Posts: 3,289
|
Everyone still likes to think something they buy isn’t dust the next day.
__________________
The educated often only know what they have read or been lectured on. |
23 November 2024, 10:01 PM | #30 |
2024 Pledge Member
Join Date: Apr 2010
Real Name: Jim
Location: Lone Star State
Watch: ...this!
Posts: 216
|
Investment, investment, investment….it is or it isn’t (a watch). If you feel watches can be an investment…then cool! If you have a different strategy with your money, and watches are a fun hobby…then cool! Me… Rolex’s are expensive, I’d like to think I’m not throwing my money away. Point is, you do you.
__________________
114060, 116010lv, 126710BLRO, 126610, 116600, 4x5513, 4x1675, 2x16610, 2x1680, 16610LV, 16710, 116500, 124300, 16803, 5512, 114300, 126618, 2x6536/1, 6205, 18038, 16570, 1665, 126333, 126603 |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.