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Old 27 October 2012, 05:38 AM   #31
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Quote:
Originally Posted by The GMT Master View Post
I doubt the DSSD will be a future classic.
I agree.
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Old 27 October 2012, 05:50 AM   #32
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I'm not sure I understand the point of the original question....

Quote:
Originally Posted by RolexDivers View Post
ok folks,

The title says it all. I have an opportunity to trade my gmt2c for a DSSD, and I put in the extra cash.

You guys think that in the next 5 yrs:

1. DSSD Prices will climb faster than GMT2C, in the used market?

2. The desirability of DSSD is or will be greater than GMT2C?

Thanks,
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Padi,
You are correct. But if you see my login name "RolexDivers", I am only into Rolex Divers. I bought the GMT2c for variety's sake but it just doesn't do anything for me. So I am thinking maybe time is right to trade it in for a DSSD, even though I already have one DSSD. But my intent about rising prices was not to make a profit but to get into another DSSD before DSSD prices go out of control ---- That's the whole point of me asking that do people here think that DSSD prices will accelerate faster then GMT2C prices, in the used market? or will they follow their standard sluggish march upwards ....

Thanks,
Quote:
Originally Posted by RolexDivers View Post
Yes, I have one DSSD already. The GMT2C I have is just not doing it for me.
Therefore I am thinking what if I trade it in for another DSSD becauseI only like diver watches and I really like the DSSD so I would not mind having 2 DSSDs at all.
Quote:
Originally Posted by RolexDivers View Post
I know, it is redundant BUT I have 2 options --- Either keep the $9K in the bank or put it into something that will appreciate in the near future ---which is the DSSD. Eventhough once I get my 2nd DSSD, I will not sell it or trade it.
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Old 27 October 2012, 06:46 AM   #33
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I love the DSSD, a marvel of engineering, but since you have one already have you considered a Sea-Dweller 4000 (16600) LNIB ? That would be keeping it in the diver/Rolex family and give you some variety.
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Old 27 October 2012, 07:10 AM   #34
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I love the DSSD, a marvel of engineering, but since you have one already have you considered a Sea-Dweller 4000 (16600) LNIB ? That would be keeping it in the diver/Rolex family and give you some variety.
I have 2 SD16600s ....
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Old 27 October 2012, 07:16 AM   #35
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Why would you care about possible price appreciation if you do not intend to sell? And I am sorry, I still do not understand having two identical watches.

Sounds to me like you just want to spend your money, not that there is anything wrong with that.
The reason I care about price appreciation is because of purchasing the watch. If the DSSD's rise in price or appreciation is going to be sluggish, then there is no need to rush into it. If however there will be an accelerated price increase then there is a need for urgency ---- if 5 yrs from now DSSD jumps up quite a bit in price, then I do not want to regret entering the market...

Also, I do care for an appreciation of my Rolexes, like Iam sure we all do. It does not mean I bought it for that reason or that I am going to liquidate it. It is a great feeling to look at your watches and realize they have all gone up in used market value ---- that's part of the fun of spending thousands on a Rolex....
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Old 27 October 2012, 07:27 AM   #36
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Quote:
Originally Posted by RolexDivers View Post
But my intent about rising prices was not to make a profit but to get into another DSSD before DSSD prices go out of control ----
You don't wear the GMT. Do you think used GMTs are going up in value? If not, you should sell it today. What happens with DSSDs is irrelevant to this decision.
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Old 27 October 2012, 07:57 AM   #37
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Quote:
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I have 2 SD16600s ....
Nevermind.
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Old 27 October 2012, 08:04 AM   #38
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I don't think either are good investments - residuals on both watches are not as strong as the SS Subs or Daytonas - buy the watch because you like it and want to wear it rather than as an investment (Padi always provides good advice).
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Old 27 October 2012, 08:08 AM   #39
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Well, essentially the OP:
1. Already owns DSSD
2. Really doesn't like GMT IIc
3. Is enthusiastic to spend money on a watch, preferably one which is a *perceived* good investment.

Sounds to me like you're just hurting to find a new awesome watch to buy! Hit up an AD and go to town. Or perhaps change your screen name to MostlyRolexDiversButSometimesOtherExcellentDivers. Good luck with your hunt/decision.
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Old 27 October 2012, 08:23 AM   #40
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Forget the second DSSD, if you are not going to use it and "price appreciation" is your main concern, you better invest your money wisely somewhere else. As said before, Rolex watches are no good investments, there may be some other watches with higher potential than the popular DSSD and GMT, but they wont bear fruit in decades, maybe when we all are dead.
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Old 27 October 2012, 08:56 AM   #41
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I'm a very odd bird. Most people just don't get my thought process, especially about watches.

But this to me is way out there. Totally confused about two exact same watches, for investment, but never to sell.
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Old 27 October 2012, 09:16 AM   #42
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Neither one would be an investment IMO. If I had to choose one to wear, it would be the GMTIIc.
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Old 28 October 2012, 01:07 PM   #43
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I see both watches appreciating over time. I would consider a regular SD instead. A very nice diver, something different from what you have, and they are discontinued and may appreciate at a better rate than either of the other choices. Still just a guess.
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Old 28 October 2012, 10:16 PM   #44
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Quote:
Originally Posted by The GMT Master View Post
I doubt the DSSD will be a future classic.
Well that's what they said about the SD right, 10-20yrs ago. It sat in shelves as its little brother the SUB was flying out the shelves .... but look now ....SD has niched out its own little strong spot in the market ----

And being a classic is not really a pre-requisite for a rise in prices. Discontinuity is.
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Old 28 October 2012, 10:23 PM   #45
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Neither one would be an investment IMO. If I had to choose one to wear, it would be the GMTIIc.
Guys, I am not looking for an investment. Financial Security, yes, which I know I will find in the DSSD. I am not a greedy person, I just want enough assurance that if I spend
$9K on a DSSD today then 5-10yrs from now, I will be able to get my $9K back, or someting close to it ..... I know the answer is yes or pretty darn close...I will behappy to get $9500 for it 10yrs from now, which I think should be no problem....

So my whole deal about rise in prices is not to sell and make a profit but to figure out the right time to enter the market for the 2nd deepsea. I have $9K sitting around. I can put it in the bank or do something else with it. By the way, this $9K is coming from my toy account meaning if I lose this $9K tomorrow in a Bernie Madoff scam, then my family is unaffected --- This $9K is pure pleasure $$ that I have collected over the years by living frugally ... wearing cheap clothes, not having a cellphone and making coffee at home! -- while there is a starbucks next door!

so being a WIS os some sorts, I am thinking of putting it back into a watch ----
Since I only like Rolex divers, there is not much choice ..... DSSD comes at the top --- or maybe two nice 14060Ms!....

It is just that $$ sitting in my watch account is burning a hole --- I got to put it to good use, like a watch! haha ha ....
So if I do buy a second DSSD today then if I need the $$ for something else tomorrow, I can always liquidate my DSSD and get my $9K ....
So I am looking for a safe place to put my $9K and ENJOY the $9K .... this money invested for the future is not enjoyment. This $$ showing up on a bank statement is not enjoyment. This $$ producing a 2nd DSSD or a couple of 14060s IS ENOJYMENT! HELL YEAH!!! -- putting $$in those watches, I might not make a profit, I don't care but I I will not loose much & that's the whole idea.....
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Old 28 October 2012, 11:40 PM   #46
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Can I get my 5 min of my life back??
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Old 29 October 2012, 01:42 AM   #47
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Quote:
Originally Posted by RolexDivers View Post
Well that's what they said about the SD right, 10-20yrs ago. It sat in shelves as its little brother the SUB was flying out the shelves .... but look now ....SD has niched out its own little strong spot in the market ----

And being a classic is not really a pre-requisite for a rise in prices. Discontinuity is.
Discontinuity plays a part, but longevity and innovation is vital too. The Deepsea as a technical exercise is impressive, but it's not exactly reinventing the wheel. The original Sea Dweller raised the game of diver's watches with the introduction of the HEV, and was an extremely well thought out, minimalistic watch - it did exactly what the serious diver needed it to do.

Does the DSSD fit this bill? I don't think it was optimised for professional divers by any means - it's too bling for that. The same can be said for the rest of the current Rolex diver lineup, a decision has been made to make them as marketable as possible to your average buyer - underneath the shininess and the steroids, the DSSD hasn't moved the game on at all. Other watches can go deeper. Other watches have bracelets with fine adjustment. Other watches have HEVs. What does the DSSD do differently to distinguish it?
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Old 29 October 2012, 03:23 AM   #48
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Originally Posted by RolexDivers View Post
Guys, I am not looking for an investment. Financial Security, yes, which I know I will find in the DSSD. I am not a greedy person, I just want enough assurance that if I spend
$9K on a DSSD today then 5-10yrs from now, I will be able to get my $9K back, or someting close to it ..... I know the answer is yes or pretty darn close...I will behappy to get $9500 for it 10yrs from now, which I think should be no problem....

So my whole deal about rise in prices is not to sell and make a profit but to figure out the right time to enter the market for the 2nd deepsea. I have $9K sitting around. I can put it in the bank or do something else with it. By the way, this $9K is coming from my toy account meaning if I lose this $9K tomorrow in a Bernie Madoff scam, then my family is unaffected --- This $9K is pure pleasure $$ that I have collected over the years by living frugally ... wearing cheap clothes, not having a cellphone and making coffee at home! -- while there is a starbucks next door!

so being a WIS os some sorts, I am thinking of putting it back into a watch ----
Since I only like Rolex divers, there is not much choice ..... DSSD comes at the top --- or maybe two nice 14060Ms!....

It is just that $$ sitting in my watch account is burning a hole --- I got to put it to good use, like a watch! haha ha ....
So if I do buy a second DSSD today then if I need the $$ for something else tomorrow, I can always liquidate my DSSD and get my $9K ....
So I am looking for a safe place to put my $9K and ENJOY the $9K .... this money invested for the future is not enjoyment. This $$ showing up on a bank statement is not enjoyment. This $$ producing a 2nd DSSD or a couple of 14060s IS ENOJYMENT! HELL YEAH!!! -- putting $$in those watches, I might not make a profit, I don't care but I I will not loose much & that's the whole idea.....
I would buy some clothes, drink some coffee and enjoy wearing you current DSSD....
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Old 22 November 2012, 04:57 AM   #49
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Sorry mate ... it doesn't make any sense ... You may get your 9k back in a few years but even a lowly CD at today's crap rates will give you a better return...

What's the enjoyment of a duplicate that will sit in a safe (which is not FDIC insured)????

If you would have said "I want two of the same because I am bad and that's what I want and I don't give a rat's behind about what everybody else thinks" ... well that's different.
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Old 22 November 2012, 05:56 AM   #50
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poor "investment"
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Old 22 November 2012, 06:02 AM   #51
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Put your $9K here. https://personal.vanguard.com/us/fun...FundIntExt=INT
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Old 22 November 2012, 06:44 AM   #52
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The DSSD has a pricing issue, at least in the UK.

I would be really surprised if during the next price rise they raise the price of the Deepsea. I expect it to stay the same. One sold in September BNIB with stickers and a warranty card dated July. Cost £6,500. I see a few on chrono24 BNIB unworn right now for between 6.5 and 7k. Could probably negotiate at least one to 6.5 again.

If you have £8k to invest in a watch go vintage.

£8k Would get you a mint Patek 3919J (Yellow gold calatrava) and I would be surprised if you didn't make money on that in 5 years.

Nothing wrong with 2 DSSD's. I mean while one's being serviced every 7 years we don't want you to be lonely for a few months do we ?
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Old 22 November 2012, 07:44 AM   #53
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I dont think DSSDs price will rise much because demand for Rolex is now driven by China and India and I think the DSSD is just too thick and out of balance for their generally slimmer wrists, even taking in to account new money liking to show off, so it wont be a great seller, as it hasnt been in the West. Maybe new prices will continue to rise with the other sport models but second hand they are going to be much cheaper than Subs or GMTs.

Why not try a Blancpain Fifty Fathoms or AP diver? Both higher up than a Rolex diver in watch terms.
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Old 22 November 2012, 07:59 AM   #54
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I would do that trade - especially with a screen name like yours!
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Old 22 November 2012, 09:16 AM   #55
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i love the dssd and will own one hopefully sooner than later, but i would never want 2 of the exact same watch. buy something different. blancpain fifty fathoms. they seem to retain their value?
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Old 22 November 2012, 09:24 AM   #56
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I can't believe this thread has legs. You have a DSSD, so take your 9 grand and go buy a Carl Bucherer Travel Tec, or a Pam, or a Breitling, or a .......oh well you get the point. Of course, those watches are "inferior" to you right?

Whatever dude, it's your money not mine, so spend it how you like and be happy you have it!
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Old 22 November 2012, 09:42 AM   #57
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If its for pure investment and you will not use the watch its clear you should invest that money into something that can give you a more serious return. If you're still interested in doing so with watches I'd follow the recommendation of Jay; buy vintages and sell them in 5 more years
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Old 22 November 2012, 10:26 AM   #58
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Quote:
Originally Posted by RolexDivers View Post
Yes, I have one DSSD already. The GMT2C I have is just not doing it for me.
Therefore I am thinking what if I trade it in for another DSSD becauseI only like diver watches and I really like the DSSD so I would not mind having 2 DSSDs at all.
Having 2 DSSD seems to me like too much. In your shoes I would just sell the GMT II and take a nice vacation if no interest on another watch.

If you must buy a watch, I would look at divers from other brands.
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Old 22 November 2012, 10:40 AM   #59
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Can I get my 5 min of my life back??
Best post I've read thus far on this thread!
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Old 22 November 2012, 10:57 AM   #60
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The gmtc is a superb watch. Suprised it did nothing for you.
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