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Deepsea- sea dweller · 8 April 2016, 11:04 PM

Hello all I'm after your opinions please. I have 9k gbp to spend on a rolex now I'm looking to get a second hand watch and preferably a Rolex witch has good investment opportunities. The watches I'm looking at are.

DSSD deep blue really like this watch but is it a good investment opportunity

Daytona

Early Sub

These are examples. I'm not an Rolex expert these are just styles I like I am open to suggestions of other Rolex watches.

I have a breitling collection. Just starting my Rolex collection

Any advice appreciated

Lee

joe100 · 9 April 2016, 02:41 PM

No Rolex is a good investment opportunity. Buy because you like the model, not because it'll gain in value. What is hot today could be ice cold in 5 years.

speedmaster73 · 9 April 2016, 02:44 PM

no. not an investment. however if you buy to wear and eventually resell its a safe bet but NOT an investment

D-blues are becoming more readily available lately......

cwieb · 9 April 2016, 05:20 PM

Quote:

Originally Posted by joe100

No Rolex is a good investment opportunity. Buy because you like the model, not because it'll gain in value. What is hot today could be ice cold in 5 years.

Couldnt agree more...

brettpaul · 9 April 2016, 08:48 PM

Quote:

Originally Posted by joe100

No Rolex is a good investment opportunity. Buy because you like the model, not because it'll gain in value. What is hot today could be ice cold in 5 years.

Quote:

Originally Posted by speedmaster73

no. not an investment. however if you buy to wear and eventually resell its a safe bet but NOT an investment

D-blues are becoming more readily available lately......

Quote:

Originally Posted by fourbanger4life

Couldnt agree more...

X4 mate - buy what you like and will enjoy wearing!

D blue is a beauty, but you can also look at a Red Sub for a bit more out of pocket!

brandrea · 9 April 2016, 08:53 PM

The investment part of your question has already been answered here.

I'd focus on buying the very best "condition" of whatever model you like best.

1William · 9 April 2016, 09:43 PM

I would go with the modern Sub-C. The ND or the Hulk would be my choice and if purchased right you will not lose much, if any, money on a sell or trade. They are modern classics which can be worn daily. The Glidelock clasp is worth the price of admission alone.

landroverking · 9 April 2016, 11:14 PM

If your goal is to be able to get in and out without losing money.

I would go pre "C" models. Pepsi or Coke GMT. Sub or Sub Date.

If TT is to your liking. GMT Root Beer or true Bluesy Sub.

JUSTIFIED · 9 April 2016, 11:39 PM

Agree that only a rare few will ever appreciate enough to qualify as an investment. Which will hold it's value best is the question. IMO, it's the Daytona. Check out chrono24 prices (or Bob's Watches). For that matter check out the prices on Daytona's for sale in this forum.

Edit: I did a SMALL sampling of 2005 Daytona's and 2005 Submariner's (w/ date). In 2005, the Daytona 116520 SS sold for just under $7k. The majority of them are selling for close to $11K on Chrono24 (~ 57% increase in value). The SS Sub (w/ date) sold for $4225 in 2005. They run between $5900 and $6500 on Chrono24. Assuming an avg of $6k, that's a 42% increase. So, the Sub and Daytona both seem to do quite well.

AK797 · 9 April 2016, 11:56 PM

Most used Rolexes bought smartly will hold their value, which is the most you should hope for, so go with what looks and feels best on you.

chadstone30 · 10 April 2016, 12:16 AM

Quote:

Originally Posted by JUSTIFIED

In 2005, the Daytona 116520 SS sold for just under $7k. The majority of them are selling for close to $11K on Chrono24.

The SS Sub (w/ date) sold for $4225 in 2005. They run between $5900 and $6500 on Chrono24.

Adjusting for inflation, $7,000.00 in 2005 = $8,498.60 in 2016. So your Daytona ROI = ~21%.

$4,225.00 in 2005 = $5,129.51 in 2016. Sub ROI = ~23%.

Feel free to question my math. I'm not a finance guy.

Not too bad actually. Assuming you wear them without scuffing them up. Or don't wear them at all. Neither of which I would be able to do.

JUSTIFIED · 10 April 2016, 01:36 AM

Quote:

Originally Posted by chadstone30

Adjusting for inflation, $7,000.00 in 2005 = $8,498.60 in 2016. So your Daytona ROI = ~21%.

$4,225.00 in 2005 = $5,129.51 in 2016. Sub ROI = ~23%.

Feel free to question my math. I'm not a finance guy.

Not too bad actually. Assuming you wear them without scuffing them up. Or don't wear them at all. Neither of which I would be able to do.

Hmm... using $11k for PV and $8.5k for inflation adjusted value I get an ROI of 29% for the Daytona. Either way, as you said, not bad for something you wear on your wrist everyday!

landroverking · 10 April 2016, 01:43 AM

Questions. When could you buy a SS Daytona for under $7k?

michael067 · 10 April 2016, 01:52 AM

Quote:

Originally Posted by fourbanger4life

Couldnt agree more...

GGGMT · 10 April 2016, 01:55 AM

OP, I tend to take a different view than most here. I do treat every Rolex purchased as an investment, and I consider buying what I believe will appreciate. It's just as easy to find one you like that will appreciate (for example, 1675) rather than one you like that has Little chance of appreciation (14000). Rolexes are definitely hi risk part of my portfolio, but it is still part of the portfolio.

Deepsea- sea dweller · 10 April 2016, 02:15 AM

Thanks everyone for all your comments, I don't think I explained my self properly when I say investment I'm talking long term not to buy and sell in a year but more like 10.

Now I know you can't guarantee a watch will increase in value but surely there are some Rolex's that demand a premium and will be a good investment.

I only buy watches I like. I do wear my watches but being an engineer I don't wear them at work.

I really do like the hulk. And I understand what people say about the DSSD D-blue

Thanks again for all your advice

Cheers Lee

Ruud Van Driver · 10 April 2016, 02:25 AM

The D-Blue is an awesome watch but not necessarily practical as an everyday piece; depends on your lifestyle. I love mine but not sure I could have it as a one and only.

Contrary to the blanket statement posted above, they are not more readily available lately. Certainly not in the UK or here in Singapore anyway. If you can find one, you're unlikely to lose any money on it if you pay retail (as opposed to going to Watchfinder and paying a grand over retail for a NIB).

Chewbacca · 10 April 2016, 02:35 AM

none of your choices are appreciating investments; more like general assets. but check your user ID for inspiration.

RHIII · 10 April 2016, 02:42 AM

Quote:

Originally Posted by brandrea

The investment part of your question has already been answered here.

I'd focus on buying the very best "condition" of whatever model you like best.

This - 100%

JUSTIFIED · 10 April 2016, 07:40 AM

Quote:

Originally Posted by landroverking

Questions. When could you buy a SS Daytona for under $7k?

In 2005, the retail price was just under $7k

landroverking · 10 April 2016, 08:00 AM

Quote:

Originally Posted by JUSTIFIED

In 2005, the retail price was just under $7k

The question is could you buy one at Msrp. I think not.

jrs146 · 10 April 2016, 08:14 AM

Quote:

Originally Posted by chadstone30

Adjusting for inflation, $7,000.00 in 2005 = $8,498.60 in 2016. So your Daytona ROI = ~21%.

$4,225.00 in 2005 = $5,129.51 in 2016. Sub ROI = ~23%.

Feel free to question my math. I'm not a finance guy.

Not too bad actually. Assuming you wear them without scuffing them up. Or don't wear them at all. Neither of which I would be able to do.

So that equals about a 2% average annual inflation adjusted return. Not bad for a watch. Not great for an investment.

ltmgeller · 10 April 2016, 08:18 AM

Quote:

Originally Posted by joe100

no rolex is a good investment opportunity. Buy because you like the model, not because it'll gain in value. What is hot today could be ice cold in 5 years.

x2

fishingbear · 10 April 2016, 09:09 AM

Quote:

Originally Posted by brandrea

The investment part of your question has already been answered here.

I'd focus on buying the very best "condition" of whatever model you like best.

Yes this.

Trailblazer · 10 April 2016, 09:53 AM

Quote:

Originally Posted by joe100

No Rolex is a good investment opportunity. Buy because you like the model, not because it'll gain in value. What is hot today could be ice cold in 5 years.

Thats wisdom

Rolexvin · 10 April 2016, 11:51 AM

Quote:

Originally Posted by landroverking

The question is could you buy one at Msrp. I think not.

I did :) . One of the small life achievements I can brag about lol.

landroverking · 10 April 2016, 12:41 PM

Quote:

Originally Posted by Rolexvin

I did :) . One of the small life achievements I can brag about lol.

At 7k? That was the question.

Rolexvin · 11 April 2016, 12:29 AM

Quote:

Originally Posted by landroverking

At 7k? That was the question.

If memory does not fail me I paid 6600 or close to that new from a Rolex AD in NY. The clerck said: "I do not know who you know, but we sell these watches used for 10k all day long"

I should have kept that watch, but I sold it a few years later...

Sublovin · 11 April 2016, 12:33 AM

Quote:

Originally Posted by Ruud Van Driver

Contrary to the blanket statement posted above, they are not more readily available lately. Certainly not in the UK or here in Singapore anyway. If you can find one, you're unlikely to lose any money on it if you pay retail (as opposed to going to Watchfinder and paying a grand over retail for a NIB).

In fairness, I remember 10 years ago when the same could be said for a green Milgauss

Don't buy it thinking it will appreciate. And yes, in North America not that hard to find, and I imagine that will be the case everywhere at some point.

OP, you better get a DSSD or you may have to change your username

8 April 2016, 11:04 PM	#1
Deepsea- sea dweller "TRF" Member Join Date: Apr 2016 Real Name: Lee Location: Brentwood uk Watch: Breitling Bentley Posts: 3	What to buy Hello all I'm after your opinions please. I have 9k gbp to spend on a rolex now I'm looking to get a second hand watch and preferably a Rolex witch has good investment opportunities. The watches I'm looking at are. DSSD deep blue really like this watch but is it a good investment opportunity Daytona Early Sub These are examples. I'm not an Rolex expert these are just styles I like I am open to suggestions of other Rolex watches. I have a breitling collection. Just starting my Rolex collection Any advice appreciated Lee

9 April 2016, 02:41 PM	#2
joe100 2024 SubLV41 Pledge Member Join Date: Nov 2007 Real Name: Joe Location: New Mexico Watch: Explorer Posts: 12,840	No Rolex is a good investment opportunity. Buy because you like the model, not because it'll gain in value. What is hot today could be ice cold in 5 years. __________________ It's Espresso, not Expresso. Coffee is not a train in Italy. -TRF Member 6982-

9 April 2016, 09:43 PM	#7
1William 2024 SubLV41 Pledge Member Join Date: Nov 2010 Location: North Carolina Watch: Rolex/Others Posts: 47,776	I would go with the modern Sub-C. The ND or the Hulk would be my choice and if purchased right you will not lose much, if any, money on a sell or trade. They are modern classics which can be worn daily. The Glidelock clasp is worth the price of admission alone. Attached Images

10 April 2016, 02:25 AM	#17
Ruud Van Driver "TRF" Member Join Date: Oct 2014 Real Name: Chopped Liver Location: S. Wales Valleys Watch: Mickey Mouse Posts: 9,926	The D-Blue is an awesome watch but not necessarily practical as an everyday piece; depends on your lifestyle. I love mine but not sure I could have it as a one and only. Contrary to the blanket statement posted above, they are not more readily available lately. Certainly not in the UK or here in Singapore anyway. If you can find one, you're unlikely to lose any money on it if you pay retail (as opposed to going to Watchfinder and paying a grand over retail for a NIB). __________________ 116520 Black, 116610 LVc, 116660 D-Blue, 116610 LNc, 116622 Blue, PAM359, PAM689, PAM737 *"Why should you allow an AD to shake you down, just so you can buy a watch" - Grady Philpott* Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons

9 April 2016, 02:44 PM	#3
speedmaster73 Banned Join Date: Oct 2015 Location: Canada Posts: 1,231	no. not an investment. however if you buy to wear and eventually resell its a safe bet but NOT an investment D-blues are becoming more readily available lately......

9 April 2016, 08:53 PM	#6
brandrea 2024 SubLV41 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 78,091	The investment part of your question has already been answered here. I'd focus on buying the very best "condition" of whatever model you like best.

9 April 2016, 11:14 PM	#8
landroverking "TRF" Member Join Date: Dec 2008 Real Name: Jay Location: TEXAS Watch: Daytona Posts: 7,648	If your goal is to be able to get in and out without losing money. I would go pre "C" models. Pepsi or Coke GMT. Sub or Sub Date. If TT is to your liking. GMT Root Beer or true Bluesy Sub.

9 April 2016, 11:39 PM	#9
JUSTIFIED "TRF" Member Join Date: Apr 2016 Location: Texas Watch: RG Daytona Posts: 716	Agree that only a rare few will ever appreciate enough to qualify as an investment. Which will hold it's value best is the question. IMO, it's the Daytona. Check out chrono24 prices (or Bob's Watches). For that matter check out the prices on Daytona's for sale in this forum. Edit: I did a SMALL sampling of 2005 Daytona's and 2005 Submariner's (w/ date). In 2005, the Daytona 116520 SS sold for just under $7k. The majority of them are selling for close to $11K on Chrono24 (~ 57% increase in value). The SS Sub (w/ date) sold for $4225 in 2005. They run between $5900 and $6500 on Chrono24. Assuming an avg of $6k, that's a 42% increase. So, the Sub and Daytona both seem to do quite well.

9 April 2016, 11:56 PM	#10
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,369	Most used Rolexes bought smartly will hold their value, which is the most you should hope for, so go with what looks and feels best on you.

10 April 2016, 01:43 AM	#13
landroverking "TRF" Member Join Date: Dec 2008 Real Name: Jay Location: TEXAS Watch: Daytona Posts: 7,648	Questions. When could you buy a SS Daytona for under $7k?

10 April 2016, 01:55 AM	#15
GGGMT 2024 SubLV41 Pledge Member Join Date: Aug 2013 Location: Itinerant Watch: 79010sg Posts: 8,345	OP, I tend to take a different view than most here. I do treat every Rolex purchased as an investment, and I consider buying what I believe will appreciate. It's just as easy to find one you like that will appreciate (for example, 1675) rather than one you like that has Little chance of appreciation (14000). Rolexes are definitely hi risk part of my portfolio, but it is still part of the portfolio.

10 April 2016, 02:15 AM	#16
Deepsea- sea dweller "TRF" Member Join Date: Apr 2016 Real Name: Lee Location: Brentwood uk Watch: Breitling Bentley Posts: 3	Thanks everyone for all your comments, I don't think I explained my self properly when I say investment I'm talking long term not to buy and sell in a year but more like 10. Now I know you can't guarantee a watch will increase in value but surely there are some Rolex's that demand a premium and will be a good investment. I only buy watches I like. I do wear my watches but being an engineer I don't wear them at work. I really do like the hulk. And I understand what people say about the DSSD D-blue Thanks again for all your advice Cheers Lee

10 April 2016, 02:35 AM	#18
Chewbacca Banned Join Date: May 2012 Real Name: CJ Location: Kashyyyk Watch: Kessel Run Chrono Posts: 21,112	none of your choices are appreciating investments; more like general assets. but check your user ID for inspiration.

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