14060M being discontinued - good investment??

[z32turbo]

I think you would need to keep it for several decades before it could be a "good" investment.

[karmatp]

I agree with al of the above, it's just a watch after all.

Now, I do think that the last batch with the PB spring will be a little more sought after once the word gets out more. Just look at the 16710's with the new spring, they command a little premium over the same watch without the PB spring.

I do think that if you go pick up a COSC 14060 that has the same movement as the 114060, your money will be very secure. That is a incredibly short run of a classic watch with very low production numbers.

[bewithabob]

Buy it because you like it, but if you don't have another just like it, you will surely end up wearing and enjoying it even more because a) it's such a great looking watch; b) it's iconic! and c) it's a ROLEX!

[pietermann]

I think a watch these days has to be a limited edition IF you want to make a profit on it after selling it after 5-10 years...

[rms]

Buying watches as a financial investment......absolutely not. However, I think about it this way. Most other hobbies / passions can cost a lot of money that can never be recouped. Collecting watches on the other hand, gives me a great deal of joy and knowing that I will probably never lose money makes them a great investment in ME! My real investments often cause me stress (especially the last few years). I've never worried about the money I've spent on watches because I can be reasonably sure they will retain their value if not give me a little return should I need to liquidate some of them. Just me 2-cents ;).

[Ed Rooney]

Buy one because it is a classic.

As far as an investment, look at how the Sub 16610, GMT 16710 and SD 16600 have performed since being discontinued. They are appreciating in value, but no double-reds there.

[Speed]

So what do you think?

[Mosco]

I'm going against the grain here... I think that certain 14060's will indeed be collector's items in the future. In my opinion, either very early ones, or 'last run' 14060's will be hard to come by. If I was to buy 1-2 and stick them in the safe, a) I would have done it on the 7th, as prices have already risen, especially for BNIB's; b) I'd look for those that there are less of - such as 4-liners and c) I'd narrow it down to 'random' serial issue. Down the line, it is those that will be considered somewhat 'transitional', as they have the 4-line dial similar to the 114060, but the trusted aluminum bezel and classic sub case. And don't forget that the end of production for the 14060 signifies 'death of the lughole'. There are plenty of lughole loyalists that will get a nostalgic hankering, and will seek one of these.

Rolex made many 16610's, possibly more than 14060's - and the price on those has risen sharply within days of the 116610's inception. I'm not even going to use the LV's as an example.

[karmatp]

Originally Posted by Mosco

I'm going against the grain here... I think that certain 14060's will indeed be collector's items in the future. In my opinion, either very early ones, or 'last run' 14060's will be hard to come by. If I was to buy 1-2 and stick them in the safe, a) I would have done it on the 7th, as prices have already risen, especially for BNIB's; b) I'd look for those that there are less of - such as 4-liners and c) I'd narrow it down to 'random' serial issue. Down the line, it is those that will be considered somewhat 'transitional', as they have the 4-line dial similar to the 114060, but the trusted aluminum bezel and classic sub case. And don't forget that the end of production for the 14060 signifies 'death of the lughole'. There are plenty of lughole loyalists that will get a nostalgic hankering, and will seek one of these.

Rolex made many 16610's, possibly more than 14060's - and the price on those has risen sharply within days of the 116610's inception. I'm not even going to use the LV's as an example.

Well considering you do this for a living Greg, it makes perfect sense to me.

[ec51]

Originally Posted by Mosco

I'm going against the grain here... I think that certain 14060's will indeed be collector's items in the future. In my opinion, either very early ones, or 'last run' 14060's will be hard to come by. If I was to buy 1-2 and stick them in the safe, a) I would have done it on the 7th, as prices have already risen, especially for BNIB's; b) I'd look for those that there are less of - such as 4-liners and c) I'd narrow it down to 'random' serial issue. Down the line, it is those that will be considered somewhat 'transitional', as they have the 4-line dial similar to the 114060, but the trusted aluminum bezel and classic sub case. And don't forget that the end of production for the 14060 signifies 'death of the lughole'. There are plenty of lughole loyalists that will get a nostalgic hankering, and will seek one of these.

Rolex made many 16610's, possibly more than 14060's - and the price on those has risen sharply within days of the 116610's inception. I'm not even going to use the LV's as an example.

Interesting...

What makes a serial "random?"

[Mosco]

Originally Posted by ec51

Interesting...

What makes a serial "random?"

Eric,

it's the most current issue of serial numbers. Before, there was a letter designation before the serial number (i.e. F-D-Z-M-V-G), but Mr. Rolex figured out that this system was dating watches, and came up with a truly random system of serial numbers - it could be any combination of numbers and letters, and it officially started in 2011. Hope this helps!

[ec51]

Originally Posted by Mosco

Eric,

it's the most current issue of serial numbers. Before, there was a letter designation before the serial number (i.e. F-D-Z-M-V-G), but Mr. Rolex figured out that this system was dating watches, and came up with a truly random system of serial numbers - it could be any combination of numbers and letters, and it officially started in 2011. Hope this helps!

Greg,

Thanks so much for the explanation.

[Hansch99]

I think they will raise in value primarily because the new ceramic Subs are so much more expensive, thus making the aluminum-bezel Subs more of a bargain...not something intrinsic about the 14060M (same goes for the 16610).

[BogeyFree]

No Rolex is a "good investment".

[xjeeunitx]

No. There ARE MILLIONs of the same watch.

[Lion]

As far as predicting the future for investments the only thing which is inevitable is your own death. So buy the watch because you like and enjoy it not because it is an investment!!!

[Jannal]

In financial terms no, you properly get better return in investing into stocks? However, the joy of owning a classic sport watch with such history is (IMO) a worth while investment, you cannot put a price on that. Every time I look at the watch on my wrist I admire it and I smile to myself.

I'm planning to get one (used 14060M) after hearing it will be discontinued. In Hong Kong the resale valve on the 2nd hand market will go up in a couple of months time, that's a fact. I've seen this happen when the SD 16600 and Sub 16610 were discontinued. Their prices shot up at least HK$5,000 over night, the price did not increase gradually.

[travisb]

Don't buy as investment. Buy if you love it.