Depreciation of Rolex Watches

[ACURATL]

Originally Posted by Chaching

.... to your statement..if you know Rolex like me who has flipped many sometimes making thousands in weeks I disagree with your above statements. Rolex typically does price increases once or twice a year at or around 8%. Do the math. My Dad back in 1968 bought a 18K Solid Gold Rolex GMT II for $1,100. In the condition it's in now it will sell for 15K all day long because it has all the original paperwork, boxes and service papers since new.

This was exactly what was on my mind when I first introduced the topic. There was an excel spreadsheet tracking the prices of different models over a 60 year span and the price increases averaged out to be in the range of 8-13% depending on the model. So with the prices of new watches increasing year over year or every 2 years, wouldn't the value of a used model appreciate abit to somewhat offset the price of depreciation?

I definitely agree that once the watch is purchased, the value of it drops by around 20% but I do in my opinion think that these watches have somewhat of a price floor given that its well maintained and not frequently worn on a daily basis.