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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
29 October 2009, 12:17 PM
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#1 |
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"TRF" Member
Join Date: Oct 2009
Real Name: Paul
Location: WI, USA
Watch: Milgauss, Sub
Posts: 33
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Fortune Magazine
The November 9th issue of Fortune has a small "watch guide" in it. They claim "The newest hue is blue" and "Brown is the new basic." They also say the following about the $29,850 Rolex: "The 2009 blue-dial, white-gold Submariner is a rare investment item - expect it to retain, if not gain, value over time." It's appropriately titled "Life at the Top."
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29 October 2009, 12:20 PM
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#2 | |
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"TRF" Member
Join Date: Jul 2009
Location: USA
Watch: ♛
Posts: 4,408
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Quote:
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29 October 2009, 12:40 PM
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#3 |
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"TRF" Member
Join Date: Jan 2008
Real Name: Joey
Location: Dallas, TX
Watch: SS Sub 16610 M
Posts: 3,824
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Love the smurf...
__________________
 Current Rotation: Rolex Submariner Date (M) - 1/08, Rolex Milgauss GV (V) - 2/10, Rolex SS Black Daytona (V) - 6/10, Rolex GMTIIC (G) - 5/11, TAG Heuer Silverstone (286/1860) - 1/2015 Former-watches: Omega PO/2535.80/2254, TAG Carrera/F1x2/Monaco, Panerai 312K/292L Wish List: Panerai 270/505, Rolex SMURF, Rolex RG Daytona, Rolex DSSD |
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29 October 2009, 12:58 PM
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#4 |
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Member
Join Date: Sep 2009
Real Name: brad
Location: il
Watch: 16613
Posts: 286
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Don't count on any gain in value. The only value currently losing is the value of our dollars and higher inflation.
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29 October 2009, 01:07 PM
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#5 |
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Banned
Join Date: Jul 2009
Location: fort wayne IN
Watch: Patek 1909003
Posts: 2,176
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There's something about that smurf blue, i'm starting to love it....My AD has one and i've tried on , it's very heavy in weight but looks really good in person...
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29 October 2009, 01:11 PM
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#6 | |
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"TRF" Member
Join Date: Jul 2009
Location: USA
Watch: ♛
Posts: 4,408
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Quote:
inflation goes up = gold price goes up
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29 October 2009, 01:29 PM
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#7 |
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"TRF" Member
Join Date: Jul 2009
Location: Louisiana
Watch: 114060
Posts: 1,678
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ridiculous post.. to me , a rolex cannot be considered an investement.just a way to satisfy yourself without lose everything
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29 October 2009, 01:58 PM
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#8 |
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"TRF" Member
Join Date: Aug 2009
Location: USA
Posts: 19,706
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Fortune is a business "glossy" don't expect anything article a WIS would appreciate / agree with.
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29 October 2009, 02:15 PM
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#9 |
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2024 Pledge Member
Join Date: Aug 2007
Location: Northern Ca.
Watch: SS only
Posts: 865
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Nice thought! Where do they get their data?
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29 October 2009, 05:20 PM
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#10 |
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Member
Join Date: Jul 2009
Real Name: Don
Location: Midwest
Posts: 46
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I was flipping through Fortune today and wondered why they had Patek Philippe ad on the back cover, and Rolex Daytona ad inside the front cover. hmm......
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29 October 2009, 05:30 PM
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#11 |
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"TRF" Member
Join Date: Sep 2009
Location: Canada
Posts: 2,551
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The actual weight of gold in a wg sub is probably 140 grams (without movement)
140 grams of 18k (75% pure)= 105 grams of actual gold 105 grams = 3.4 ounces of gold 3.4 grams of gold at todays market value = $3 700 USD Ummmmmmm better off investing in credit suisse gold bars......that sub aint going up based on gold value......it also seems obvious that the all gold models LOOSE the most value the quickest. |
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29 October 2009, 06:16 PM
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#12 |
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"TRF" Member
Join Date: Sep 2008
Location: singapore
Posts: 6,424
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Thanks for posting. Even if most us don't agree with the WG Sub being a "rare investment'', it's good to know how mistaken some people can be, even supposedly investment-savvy sources like Fortune.
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29 October 2009, 07:17 PM
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#13 | |
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2024 SubLV41 Pledge Member
Join Date: Nov 2006
Real Name: Eddie
Location: Australia
Watch: A few.
Posts: 37,527
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Quote:
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30 October 2009, 02:10 AM
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#14 | |
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"TRF" Member
Join Date: Apr 2006
Real Name: Paul
Location: Wales, UK
Posts: 14,578
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Quote:
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30 October 2009, 03:33 AM
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#15 | |
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"TRF" Member
Join Date: Sep 2008
Location: USA
Posts: 2,834
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Quote:
If the above is true, Valentine, let me be the first to offer you 5000.00 for your YG 50th ann. GMT with green dial. If you don't respond within 10 minutes, I am dropping my offer to 4500.00. LOL! |
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31 October 2009, 09:07 AM
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#16 | |
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"TRF" Member
Join Date: Sep 2009
Location: USA
Watch: Sea-Dweller 16600
Posts: 2,157
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Quote:
I've seen that same Patek ad in several magazines lately e.g. same back cover spot on a magazine inside the Financial Times. Patek seems to really focus on the idea that a Patek is an heirloom you can pass down . . . |
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31 October 2009, 10:04 AM
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#17 |
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"TRF" Member
Join Date: Oct 2009
Location: New York
Watch: Rolex DSSD
Posts: 558
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I think appreciationwise SS will do better than WG or YG
__________________
Regards, Nick Rolex Oyster Perpetual, DSSD,TT GMT IIC Daytona SS Breitling Chronomat CX 20000 Swiss Military,Longine Grande |
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31 October 2009, 10:41 AM
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#18 |
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"TRF" Member
Join Date: Jul 2008
Real Name: Chris
Location: England
Posts: 8,150
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Any 18ct watch is horrendous as far as depreciation goes, I think they could do with a rethink
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