ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
14 November 2013, 04:32 AM | #1 |
"TRF" Member
Join Date: Feb 2011
Location: England
Watch: 16710, 16628
Posts: 7,757
|
Has your watch/collection increased in value?
Since buying? When was the purchase, what did you pay and what pieces are they? Have you ever lost? Chaers!
__________________
GMT II 16710 TRADITIONAL ( D- Serial #) ROLEXFANBOY P-Club Member #4 |
14 November 2013, 04:34 AM | #2 |
"TRF" Member
Join Date: Jul 2010
Real Name: tom
Location: northern ireland
Watch: my fins
Posts: 10,063
|
yes ,,,, every time i add one,,,, lol
|
14 November 2013, 04:35 AM | #3 |
"TRF" Member
Join Date: Jan 2011
Location: Stockholm
Posts: 6,061
|
|
14 November 2013, 04:35 AM | #4 |
2024 Pledge Member
Join Date: Apr 2013
Location: Indianapolis
Watch: Patek-Philippe
Posts: 16,832
|
Not a chance.
__________________
Rolex and Patek Philippe |
14 November 2013, 04:40 AM | #5 |
"TRF" Member
Join Date: Sep 2007
Location: USA
Posts: 1,824
|
Oooohhhh, yeeeaahhh! And largely based on purchases I made based on information that I got on this forum.
__________________
"An appeaser is one who feeds a crocodile, hoping it will eat him last." "So you have enemies. Good. You must have stood up for something, sometime in your life." Winston Churchill |
14 November 2013, 04:44 AM | #6 |
"TRF" Member
Join Date: Aug 2013
Real Name: Christopher
Location: Georgia, USA
Watch: ing the Sea...
Posts: 6,713
|
I'd tell you, but I would have to ..........
__________________
"I wish to have no Connection with any Ship that does not Sail fast for I intend to go in harm's way." Captain John Paul Jones, 16 November 1778 "Curmudgeons " Favorites: 1665 SD, Sub Date, DSSD, Exp II, Sub LV, GMTIIc |
14 November 2013, 04:47 AM | #7 |
"TRF" Member
Join Date: Feb 2011
Location: England
Watch: 16710, 16628
Posts: 7,757
|
I wouldn't class that as a loss! Seriously I was hoping for some positive stories.
__________________
GMT II 16710 TRADITIONAL ( D- Serial #) ROLEXFANBOY P-Club Member #4 |
14 November 2013, 05:00 AM | #8 |
"TRF" Member
Join Date: Oct 2009
Real Name: Duy
Location: New Orleans, LA
Watch: Speedmaster 3861
Posts: 1,925
|
lol nope :(
__________________
De gustibus non est disputandum. |
14 November 2013, 05:39 AM | #9 |
2024 SubLV41 Pledge Member
Join Date: Dec 2009
Real Name: Bob
Location: U.S.A.
Watch: 1655
Posts: 64,317
|
I don't think any of my Wilsdorf clan watches have gone down in value.
__________________
Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
14 November 2013, 05:45 AM | #10 |
2024 SubLV41 Pledge Member
Join Date: Jul 2009
Location: Cave
Watch: Sundial
Posts: 33,940
|
|
14 November 2013, 05:46 AM | #11 |
"TRF" Member
Join Date: Dec 2008
Real Name: Jay
Location: TEXAS
Watch: Daytona
Posts: 7,648
|
Yes but many are vintage purchased years and years ago.
Only my Zenith Daytona has increased in value as far as modern watches go. New $6K. Now about $9K. |
14 November 2013, 06:01 AM | #12 |
2024 SubLV41 Pledge Member
Join Date: May 2011
Real Name: Duey
Location: Maui
Watch: Too Many To List
Posts: 3,598
|
Asking that question here is kind of like saying-
I've never met a man who thinks he makes a lot of money but I've met a lot of men who make to much ! |
14 November 2013, 06:03 AM | #13 |
"TRF" Member
Join Date: Aug 2006
Real Name: Scott
Location: GMT -7
Watch: GMT's & Sub's
Posts: 10,401
|
My only modern watch that has appreciated is my SS Daytona. I would probably break even on my SD 16600 and I would lose money on my GMT IIc and TT Sub 16613. This is part of the reason I no longer buy BNIB from an AD. Yes, having a new watch is nice, but if I can save a few $$$, I look at it as $$$ for my next watch. Vintage is the only arena that I would see some gain.
Scott
__________________
"The bitterness of poor quality remains long after the sweetness of lower price is forgotten." -Benjamin Franklin Member No. 922 |
14 November 2013, 06:06 AM | #14 |
"TRF" Member
Join Date: Aug 2012
Location: Switzerland
Posts: 14,298
|
Yes, according to Monday's Christie's results in Geneva - quite significantly!
|
14 November 2013, 06:13 AM | #15 |
"TRF" Member
Join Date: Mar 2007
Real Name: Mik
Location: USA
Posts: 13,724
|
Agree with most people not posting what they paid for a watch, but house information is public record! ;-)
__________________
member#3242 |
14 November 2013, 06:18 AM | #16 |
"TRF" Member
Join Date: Aug 2012
Real Name: James
Location: New Providence,NJ
Watch: Submariner 14060
Posts: 2,371
|
Mine did.. my sub probably doubled in value based on what I bought mine for and what I see them selling for. Then again I bought mine used 13 years ago and got it for a very good price.
|
14 November 2013, 06:47 AM | #17 |
"TRF" Member
Join Date: Mar 2011
Location: London
Watch: Quite a few
Posts: 4,315
|
I had this old black faced Paul Newman oyster cosmograph Daytona that I sold recently....... Went for a bit more than I paid for it.........
But seriously, I don't really think about it.......I just buy the best deal I can get when buying new ..... usually from trusted TRF sellers to minimise that initial hit........and when buying pre-owned or vintage, I only ever buy the absolute best specimen I can find mostly with box and papers wherever possible to help "future proof" them. Generally this requires paying a premium but you simply can't avoid this if you want the best examples. But I've no intention of selling and just really enjoy having them ...... So value is pretty much irrelevant. I was at Salon QP at the weekend and there was a seminar on watch collecting with quite a distinguished panel discussing their collections and what they would collect going forward for investment purposes. In all cases, the panel stressed to just buy what you like before any other consideration. But an interesting talk and quite a few new ideas on brands that have yet to catch on and yet are extremely high quality and great pedigree..... |
14 November 2013, 06:58 AM | #18 |
"TRF" Member
Join Date: Sep 2007
Real Name: Simon
Location: UK
Watch: OP and daytona
Posts: 1,783
|
Yes quite a few have increased and I could buy a few more watches with the proceeds. Key is I buy what I like and do not worry about much else.
__________________
My family are my life and spirit and strength... Rolex daytona, YMs, OPs Z blue, subs, GMTs, Daydates, Omega Snoopy, chornomaster, apollo 8, ATs, POs, PP, JLC, VC, Swatch ,Casio, Timex. |
14 November 2013, 07:00 AM | #19 |
2024 SubLV41 Pledge Member
Join Date: Dec 2009
Real Name: The Mystro ;)
Location: Central Pa.
Posts: 15,520
|
Yes, my TT Sub has gone up since I purchase it 17 years ago and my Planet Ocean has remained neutral and is edging up but it has only been 4 years.
Its still all about conditions, condition and condition.
__________________
|
14 November 2013, 07:06 AM | #20 |
"TRF" Member
Join Date: Dec 2012
Real Name: Vince
Location: England
Watch: Too many!
Posts: 5,744
|
I always buy new from an AD. Enough said.
|
14 November 2013, 08:14 AM | #21 |
"TRF" Member
Join Date: Feb 2011
Location: England
Watch: 16710, 16628
Posts: 7,757
|
Hrmm point taken. No harm in asking.
__________________
GMT II 16710 TRADITIONAL ( D- Serial #) ROLEXFANBOY P-Club Member #4 |
14 November 2013, 09:11 AM | #22 |
TRF Moderator & 2024 SubLV41 Patron
Join Date: Apr 2012
Real Name: Tim
Location: Pennsylvania
Watch: 14060M
Posts: 72,270
|
The only watch that I've ever bought that I still have that has gone up in value is my Omega 2254.50 Seamaster. I believe I paid around $1300.00 for it new from an AD about 7 years ago, it's been a safe queen since the Sub.
__________________
Rolex Submariner 14060M Omega Seamaster 2254.50 DOXA Professional 1200T Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons TRF's "After Dark" Bar & NightClub Patron P Club Member #17 2 FA ENABLED
|
14 November 2013, 09:36 AM | #23 |
"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
|
No idea.
My investments are not watches and my watches are not investments.
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
14 November 2013, 09:57 AM | #24 |
"TRF" Member
Join Date: Jan 2011
Real Name: gus
Location: East Coast
Watch: APK & sometimes Y
Posts: 26,602
|
Tim that is my favorite Omega, it is beautifully balanced and the 42mm size was ahead of its time. Combined with a great no nonsense ETA movement
__________________
|
14 November 2013, 11:15 AM | #25 |
TRF Moderator & 2024 SubLV41 Patron
Join Date: Apr 2012
Real Name: Tim
Location: Pennsylvania
Watch: 14060M
Posts: 72,270
|
Yes I agree Gus, I've worn that watch for 5 years daily, fantastic watch, nice and thin, quite accurate too. Mine needs a service as I think that I can hear that old 1120 movement scraping a little! The other thing that I love is the amazing lume, legible all night long. I've seen a couple on the used market going for around 2K. I don't ever plan on selling mine.
__________________
Rolex Submariner 14060M Omega Seamaster 2254.50 DOXA Professional 1200T Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons TRF's "After Dark" Bar & NightClub Patron P Club Member #17 2 FA ENABLED
|
14 November 2013, 12:34 PM | #26 |
"TRF" Member
Join Date: Oct 2013
Real Name: Andrew
Location: Maui
Posts: 686
|
Seems like a very difficult question to correctly answer. You have to take into account inflation, interest rates, potential for growth if that money had been invested somewhere else, etc.
My suspicion is that if calculated correctly, very few Rolexes are true investments. I expect if you took the money you had spent on your Rolex however long ago and had put it in a simple index fund, it would likely be worth more now today than your watch (used) currently is. Now, the enjoyment you get from wearing said watch is incalculable. |
14 November 2013, 02:56 PM | #27 |
Banned
Join Date: Sep 2011
Real Name: Fabio
Location: Como - Italy
Posts: 4,811
|
I just sold a Zenith Rainbow, a Grand Seiko and a BREITLING B-1. Paid for the three about 4K € and made about 4.8K €. Not bad for 8 months.
Sent from my SGS using Tapatalk. |
14 November 2013, 03:39 PM | #28 |
"TRF" Member
Join Date: Jul 2012
Location: USA
Watch: SubC LV
Posts: 1,821
|
The only ones who made money are the gray dealers :)
|
14 November 2013, 10:01 PM | #29 |
2024 Pledge Member
Join Date: Dec 2006
Real Name: D'OH!
Location: Kentucky
Watch: Rolex-1 Tudor-3
Posts: 36,217
|
Yes, it has. But not the reason I have a collection, it's for the sheer enjoyment.
dP
__________________
TRF Member# 1668 Bass Player in TRF "AFTER DARK" Bar & NightClub Band Commander-in-Chief of The Nylon Nation The Crown & Shield Club Honorary Member of P-Club |
14 November 2013, 10:43 PM | #30 |
2024 Pledge Member
Join Date: Apr 2013
Location: Indianapolis
Watch: Patek-Philippe
Posts: 16,832
|
The only increase in my collection is the number and definitely not the value over purchase price.
__________________
Rolex and Patek Philippe |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.