ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

milspec · 5 January 2009, 01:24 AM

when you don't have it, you save money anywhere you can so you can buy it,,,,, once you buy it, after a few months, you go "Now what?" ....then you feel guilty tying all that money into watches .....and then you start having second thoughts that ROLEX is not all you thought ... I mean, a good watch but also a lot of hype ....

Do any people who have multiple rolexes, feel this way? ... sort of like a Buyer's Remorse??

I am sure some must because there are always days when you look at you collection and go "what was I think, tying so much cash into these?" and there are other days when you say to yourself "Wow, how lucky I am to have all these!"

Spark · 5 January 2009, 01:28 AM

I am sure everyone has gone through it, even some that do not have multiple watches.
It is just one of those things.
Sometimes I have felt it when I see people starving in Africa and I've got 10k in watch on my wrist, which would probably feed a whole village for a year?????

milspec · 5 January 2009, 01:31 AM

yeah, you know, grass always seems greener on the other side and when you get to that other side, you say "well the side I am coming from wasn't that bad and this side is just as green as the side I left behind ....."

Not that I have turned into some humanitarian or anything or that I would donate my $$ to charity but I miss the feeling when I stared
at my bank account and it was big and what I could do with it was anything .... now that the $$ is tied up into rolexes, I miss that
feeling .....

Ruff · 5 January 2009, 01:33 AM

I think most people have some guilt after any large purchase not just watches

Erix · 5 January 2009, 01:34 AM

I think most of us has had that feeling.

For me it was a reward to myself for quitting smoking.
After 2 years it was reward time.
I felt a little crazy paying this much for a watch, but what the hell , a promise is a promise, and if you can't trust your own promises to yourself, then there is no-one in this world you can trust.

dcmachead · 5 January 2009, 01:37 AM

Quote:

Originally Posted by milspec

Do any people who have multiple rolexes, feel this way? ... sort of like a Buyer's Remorse??

My only regret is not starting a collection sooner

sea-dweller · 5 January 2009, 02:19 AM

Never. I plan out my purchases carefully and I make certain that I have the disposable income available. No regrets.

Quote:

Originally Posted by milspec

when you don't have it, you save money anywhere you can so you can buy it,,,,, once you buy it, after a few months, you go "Now what?" ....then you feel guilty tying all that money into watches .....and then you start having second thoughts that ROLEX is not all you thought ... I mean, a good watch but also a lot of hype ....

Do any people who have multiple rolexes, feel this way? ... sort of like a Buyer's Remorse??

I am sure some must because there are always days when you look at you collection and go "what was I think, tying so much cash into these?" and there are other days when you say to yourself "Wow, how lucky I am to have all these!"

etp095 · 5 January 2009, 02:22 AM

Quote:

Originally Posted by dcmachead

My only regret is not starting a collection sooner

my thoughts exactly.

milspec · 5 January 2009, 02:22 AM

Quote:

Originally Posted by sea-dweller

Never. I plan out my purchases carefully and I make certain that I have the disposable income available. No regrets.

This is done with disposable income, nothing borrowed ... just money collecting in a TOY account ... so no impact to any household issues, mortgage or anything like that ... not one cent of impact to family and daily affairs ...

mike · 5 January 2009, 02:33 AM

Many in the vintage community speak to the "thrill of the hunt". Afterwards there's sometimes a let down. As in any hobby sometimes the "want" is more than the "have".

We are the minority of the watch buying public. For the WIS it's a hobby and a passion. Lot's of emotion there. There are those that have more tied up in a car than many of us in a watch collection. Same with fine firearms and other collectables.

I think we all have our own comfort level. There are some pieces I would love to have, but feel the price doesn't justify the addition.

JJ Irani · 5 January 2009, 02:34 AM

It gives me a thrill when I'm about to buy......and also a thrill when I'm about to sell.

Both ways, it's a win-win situation!!

JimSnyder · 5 January 2009, 02:44 AM

Quote:

Originally Posted by JJ Irani

It gives me a thrill when I'm about to buy......and also a thrill when I'm about to sell.

Both ways, it's a win-win situation!!

Thrilling

tphan · 5 January 2009, 02:52 AM

Of course, I do feel guilty of having more than one Rolex while member of my family have just one or none.

But I look at my collection as "saving", saving with enjoyments. Of couse there will be a lost but everything have a cost associated to it. Pleasure isn't free...

JJ Irani · 5 January 2009, 02:56 AM

Quote:

Originally Posted by tphan

Pleasure isn't free...

Oh yeah........come visit my sheep pen!!

tommypit · 5 January 2009, 03:00 AM

Sometimes I feel the same way. I will usually trade something in when I make a purchase this way its less money out of pocket.

I also feel that my watches are a hobby and other people have expensive hobbies that they spend money on.

In addition I dont smoke or frequent bars on a regular basis. So I put $50 per week in a 5gallon water jug, along with any change I have at the end of each day. I call it my watch fund!

Thanks for sharing
Tom
TTBlack Sub
Omega sea master

Rawhyde · 5 January 2009, 03:15 AM

Quote:

Originally Posted by Ruff

I think most people have some guilt after any large purchase not just watches

That's the way it is for me. Watches, cars, guns, or any expensive purchase triggers a period of introspection and analysis and maybe a little guilt. It happens for me for any major purchase. I think it's a good tool to help me make sure that I really want (or need as the case may be) whatever it is I'm buying. I try not to waste money. I don't dry off with $50 designer towels, I don't wear $500 loafers, etc. I buy good stuff that retains it's value (guns, coins, Rolexes) or I buy whatever's most economically feasible (clothing on sale, buying summer clothes in the winter, etc)

I don't like debt. The only things I'll finance are cars and real estate and I don't like doing that.

miked10270 · 5 January 2009, 03:21 AM

No regrets whatsoever. I bought each of my watches to do a specific job.

I bought Rolex because I wanted something that's built to a standard rather than a budget.

But that's me all over. I just don't "buy into" the whole disposable-society thing if I can avoid it at all.

Mike.

rijowysock · 5 January 2009, 03:22 AM

Quote:

Originally Posted by milspec

when you don't have it, you save money anywhere you can so you can buy it,,,,, once you buy it, after a few months, you go "Now what?" ....then you feel guilty tying all that money into watches .....and then you start having second thoughts that ROLEX is not all you thought ... I mean, a good watch but also a lot of hype ....

Do any people who have multiple rolexes, feel this way? ... sort of like a Buyer's Remorse??

I am sure some must because there are always days when you look at you collection and go "what was I think, tying so much cash into these?" and there are other days when you say to yourself "Wow, how lucky I am to have all these!"

try having buyers remorse with a ~40K audemars.. or a ~50k Ulysse Nardin!... luckily if you buy smart you can usually sell for around what you paid..

i have had buyers remorse many times... on many big pieces.. but again.. as long as you buy smart... you should never lose more than say...10% when selling... so technically your "safe" and then you feel better about the pieces...

good thing about rolex is they are pretty liquid, i mean... the prices for selling the common pieces are pretty much "set"... all sellers will be around same price.. so you just go under by 50$ and it's sold in a matter of minutes... so one day regret... next day happy,... next day break your hip... next day its gone at only 10% loss and you pay for part of the hospital bill..

so the remedy for me at least since you never know when your going to be upset about a purchase is just to buy each smart.

as far as the other guys comment on loafers/etc... if you apply this idea of buying smart.. it can apply to anything... find a good thats very rarely discounted... and find a way to have it discounted and you'll always be safe... you'd be amazed how fast a pair of fine shoes will sell even after they have been worn numerous times.. and other items as well.

Dan Pierce · 5 January 2009, 03:27 AM

Great replies, everybody. You can learn a lot from different view points.

dP

JJ Irani · 5 January 2009, 03:30 AM

Quote:

Originally Posted by Dan Pierce

Great replies, everybody. You can learn a lot from different view points.

dP

You should talk, buddy. You don't know the meaning of the word "regrets"!!

greenfan · 5 January 2009, 03:32 AM

Nah. just feelings of joy!!!!!!

jasper · 5 January 2009, 03:33 AM

My collection is modest so no, no regrets here. I have to be careful of blowing *all* my liquid on buying and modifying german sports cars. I've been there before and it's a slippery slope.

tommypit · 5 January 2009, 03:36 AM

u tell um JJ!

blueface · 5 January 2009, 03:37 AM

I don't really feel guilty, but I kind of wish I didn't buy my sub date. It's not the money it cost, so much, as I could have put the money into something more practical, not watch related. The Sub Date dosen't give me the feeling that I get wearing my DD, and sure isn't as atractive looking. I keep my DJ only because it was my first, and worth more to me than I could get for it.
I bought the sub as my every day "beater" watch, but I can't bring myself to let it get beat up, so I really don't wear it often, and I don't want to take the loss selling it. Due to this, mabe on another level, I do feel guilty.

Dan Pierce · 5 January 2009, 03:40 AM

Quote:

Originally Posted by JJ Irani

You should talk, buddy. You don't know the meaning of the word "regrets"!!

Amen, brother!

I do love the chase.

And there are few short periods of withdraw once the hunt is over but I have a pretty strict criteria that each purchase must fill a certain need.

Then, everytime I'm wearing the watch for it's intented purpose I'm happily reminded the purchase was justified.

dP

Nica64 · 5 January 2009, 03:40 AM

Quote:

Originally Posted by dcmachead

My only regret is not starting a collection sooner

__________________________________________________ ____

I feel the same way, I had a lot of good opportunities to get a Rolex before and I regret not jumping into those, well but I'm happy with what I got now

SSD · 5 January 2009, 04:19 AM

Normally, spending huge amounts of money makes me a train wreck. I'm with Rawhyde pretty much 100% of the time. But I'm not sorry at all I shelled out for Subbie!

What I am sorry for, and this is similar to a lot of posts here, is for NOT buying the 1680 (or was it a 5513?) Rawhyde and I looked at in a pawn shop in 1991. What the $@&& was I thinking??? The guy wanted $1200!!! Ugh...5x appreciation, maybe...

Subbie's not going anywhere

5 January 2009, 01:24 AM	#1
milspec Banned Join Date: Nov 2008 Location: Los Angeles Posts: 164	Feellings of Guilt after a purchase? when you don't have it, you save money anywhere you can so you can buy it,,,,, once you buy it, after a few months, you go "Now what?" ....then you feel guilty tying all that money into watches .....and then you start having second thoughts that ROLEX is not all you thought ... I mean, a good watch but also a lot of hype .... Do any people who have multiple rolexes, feel this way? ... sort of like a Buyer's Remorse?? I am sure some must because there are always days when you look at you collection and go "what was I think, tying so much cash into these?" and there are other days when you say to yourself "Wow, how lucky I am to have all these!"

5 January 2009, 01:34 AM	#5
Erix "TRF" Member Join Date: Dec 2006 Location: Nice, France Watch: D Sub date 16610 Posts: 929	I think most of us has had that feeling. For me it was a reward to myself for quitting smoking. After 2 years it was reward time. I felt a little crazy paying this much for a watch, but what the hell , a promise is a promise, and if you can't trust your own promises to yourself, then there is no-one in this world you can trust. __________________ Nice is nice

5 January 2009, 02:34 AM	#11
JJ Irani Fondly Remembered Join Date: May 2005 Real Name: JJ Location: Auckland, NZ Watch: ALL SOLD!! Posts: 74,319	It gives me a thrill when I'm about to buy......and also a thrill when I'm about to sell. Both ways, it's a win-win situation!! __________________ Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!!

5 January 2009, 03:00 AM	#15
tommypit Member Join Date: Dec 2008 Real Name: tommy Location: NYC Watch: 2005 TT Sub Black Posts: 279	feelings of guilt Sometimes I feel the same way. I will usually trade something in when I make a purchase this way its less money out of pocket. I also feel that my watches are a hobby and other people have expensive hobbies that they spend money on. In addition I dont smoke or frequent bars on a regular basis. So I put $50 per week in a 5gallon water jug, along with any change I have at the end of each day. I call it my watch fund! Thanks for sharing Tom TTBlack Sub Omega sea master

5 January 2009, 03:27 AM	#19
Dan Pierce 2024 Pledge Member Join Date: Dec 2006 Real Name: D'OH! Location: Kentucky Watch: Rolex-1 Tudor-3 Posts: 36,216	Great replies, everybody. You can learn a lot from different view points. 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

5 January 2009, 01:28 AM	#2
Spark "TRF" Member Join Date: Oct 2006 Real Name: Mark Location: U.K. Watch: Too Many Posts: 2,097	I am sure everyone has gone through it, even some that do not have multiple watches. It is just one of those things. Sometimes I have felt it when I see people starving in Africa and I've got 10k in watch on my wrist, which would probably feed a whole village for a year?????

5 January 2009, 01:31 AM	#3
milspec Banned Join Date: Nov 2008 Location: Los Angeles Posts: 164	yeah, you know, grass always seems greener on the other side and when you get to that other side, you say "well the side I am coming from wasn't that bad and this side is just as green as the side I left behind ....." Not that I have turned into some humanitarian or anything or that I would donate my $$ to charity but I miss the feeling when I stared at my bank account and it was big and what I could do with it was anything .... now that the $$ is tied up into rolexes, I miss that feeling .....

5 January 2009, 01:33 AM	#4
Ruff Member Join Date: Dec 2008 Location: US Posts: 43	I think most people have some guilt after any large purchase not just watches

5 January 2009, 02:33 AM	#10
mike "TRF" Member Join Date: Jul 2005 Posts: 22,683	Many in the vintage community speak to the "thrill of the hunt". Afterwards there's sometimes a let down. As in any hobby sometimes the "want" is more than the "have". We are the minority of the watch buying public. For the WIS it's a hobby and a passion. Lot's of emotion there. There are those that have more tied up in a car than many of us in a watch collection. Same with fine firearms and other collectables. I think we all have our own comfort level. There are some pieces I would love to have, but feel the price doesn't justify the addition.

5 January 2009, 02:52 AM	#13
tphan "TRF" Member Join Date: Mar 2008 Location: Dallas, TX Posts: 831	Of course, I do feel guilty of having more than one Rolex while member of my family have just one or none. But I look at my collection as "saving", saving with enjoyments. Of couse there will be a lost but everything have a cost associated to it. Pleasure isn't free...

5 January 2009, 03:21 AM	#17
miked10270 Member Join Date: Dec 2008 Real Name: N/a Location: N/a Watch: N/a Posts: 55	No regrets whatsoever. I bought each of my watches to do a specific job. I bought Rolex because I wanted something that's built to a standard rather than a budget. But that's me all over. I just don't "buy into" the whole disposable-society thing if I can avoid it at all. Mike.

5 January 2009, 03:32 AM	#21
greenfan "TRF" Member Join Date: Dec 2006 Real Name: George Location: Athens Greece Watch: GMT II 16710 Coke Posts: 1,046	Nah. just feelings of joy!!!!!! __________________ $C:\Documents and Settings\George.HOME\My Documents\My Pictures\Rolex$

5 January 2009, 03:33 AM	#22
jasper "TRF" Member Join Date: Dec 2007 Location: north vancouver Watch: 1680 / speedy pro Posts: 474	My collection is modest so no, no regrets here. I have to be careful of blowing all my liquid on buying and modifying german sports cars. I've been there before and it's a slippery slope. __________________ 1997 Speedmaster Pro: Hesalite, steel back, three dials and manual wind. The classic. 1969 Submariner 1680: Very refreshed - The diver. 1950's Milus: 18k gold, manual wind, no date - the dinner watch. Seiko 6309 The perfect watch for a trip to Mexico.

5 January 2009, 03:36 AM	#23
tommypit Member Join Date: Dec 2008 Real Name: tommy Location: NYC Watch: 2005 TT Sub Black Posts: 279	u tell um JJ!

5 January 2009, 03:37 AM	#24
blueface "TRF" Member Join Date: Jun 2007 Real Name: Dave Location: USA Watch: DJ, DD, SUB Posts: 487	I don't really feel guilty, but I kind of wish I didn't buy my sub date. It's not the money it cost, so much, as I could have put the money into something more practical, not watch related. The Sub Date dosen't give me the feeling that I get wearing my DD, and sure isn't as atractive looking. I keep my DJ only because it was my first, and worth more to me than I could get for it. I bought the sub as my every day "beater" watch, but I can't bring myself to let it get beat up, so I really don't wear it often, and I don't want to take the loss selling it. Due to this, mabe on another level, I do feel guilty. __________________ TT Datejust 16233 (T) SOLD YG Daydate 11833 (K SS Sub Date 16610 (M). SOLD TT Blue Sub Date 116613LB (Random, 2018?)

5 January 2009, 04:19 AM	#27
SSD "TRF" Member Join Date: Jul 2007 Real Name: Jamie Location: Georgia Watch: Stainless Sub Date Posts: 3,023	Normally, spending huge amounts of money makes me a train wreck. I'm with Rawhyde pretty much 100% of the time. But I'm not sorry at all I shelled out for Subbie! What I am sorry for, and this is similar to a lot of posts here, is for NOT buying the 1680 (or was it a 5513?) Rawhyde and I looked at in a pawn shop in 1991. What the $@&& was I thinking??? The guy wanted $1200!!! Ugh...5x appreciation, maybe... Subbie's not going anywhere __________________ SUBMARINER OWNERS' CLUB ESTABLISHED 1953 TRF Member # 5464

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