ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Judah · 17 July 2015, 11:48 AM

Quote:

Originally Posted by Case61

I was a teenager in the 60's and had a paper route that I made about $50/week off of. Clearly the price of Rolexes has way outpaced the general rate of inflation.

Boom!

Sent from my iPad using Tapatalk

QueueCumber · 17 July 2015, 01:04 PM

I thought for sure you were going to say you wanted to be a part of the Furthur Acid Tests....

Divingdud · 20 July 2015, 02:16 AM

Quote:

Originally Posted by Old Expat Beast

The 60s was a great decade to be young in the UK, probably the best ever in many ways. And Rolex design was at its peak, IMO. I guess they were ok mechanically, too, since they're still going strong today. And yes, more reasonably priced than today.

One thing to consider is the average weekly wage in the UK 1960 was £10 per week if you were in the right job.

Desibaba · 20 July 2015, 06:33 AM

The big question is if you wore a Rolex in the 60s was it considered a huge status symbol like it is today or was it just another the watch? Imagine if you could buy a sub today for $1000 and a Daytona for $1200. Every tom, dick and harry out there would be wearing one instead of the ones that they do right now that are from the flea market lol.

Judah · 22 July 2015, 11:28 AM

Quote:

Originally Posted by Desibaba

The big question is if you wore a Rolex in the 60s was it considered a huge status symbol like it is today or was it just another the watch? Imagine if you could buy a sub today for $1000 and a Daytona for $1200. Every tom, dick and harry out there would be wearing one instead of the ones that they do right now that are from the flea market lol.

Lol @ flea market

shou.biao.kuang · 22 July 2015, 01:43 PM

If I were 30s back in the 60s, and had idea of the now back then, I would have thrown all my earnings into Berkshire Hathaway shares! And with the $$$ earned from these shares, I can jolly well afford most vintage Rolexes even at the current opulence prices LOL

Very good thread here... :)

jctrolex · 22 July 2015, 01:59 PM

Quote:

Originally Posted by mistral

Everything is relative. My monthly salary back in 1971 was princely sum of $1125/mo. That price of $210.00 represents 18% of my gross monthly salary.

But even if you are making $15,000 a month today a sub is going to cost you 50% of your salary. It was still a bargain back then.

shou.biao.kuang · 23 July 2015, 02:12 AM

Quote:

Originally Posted by jctrolex

But even if you are making $15,000 a month today a sub is going to cost you 50% of your salary. It was still a bargain back then.

That means for 18% of his salary and in order to buy atvintage sub at today's prices, he would have to make at present $40k+ / month !!

Damn! that's load of $$$

rolfiz · 23 July 2015, 02:41 AM

Hell, I got into collecting watches in the late 90s, at that time you could pick up Daytonas for under a grand, double red seadwellers for under two grand.

I passed on many a mint day-date for under $5K because it was too much.

It's only recently that we've become comfortable paying so much for watches. ...although, that appears to be changing.

DPE · 23 July 2015, 06:29 AM

If anyone is going back to the 60's, I will pay you a little extra as a bonus if you could pick up a Rolex for me.

dpa94114 · 23 July 2015, 06:40 AM

nice...very early version, no "DAYTONA" on dial

they probably offered layaway plan...$5/week

MonBK · 23 July 2015, 06:49 AM

Quote:

Originally Posted by DPE

If anyone is going back to the 60's, I will pay you a little extra as a bonus if you could pick up a Rolex for me.

I went back last week, too bad I didn't know you wanted one.

DPE · 23 July 2015, 06:52 AM

Quote:

Originally Posted by MonBK

I went back last week, too bad I didn't know you wanted one.

Dam, feels like a Ground Hog Day,... again

BullDeacon · 23 July 2015, 09:02 AM

Quote:

Originally Posted by mistral

Everything is relative. My monthly salary back in 1971 was princely sum of $1125/mo. That price of $210.00 represents 18% of my gross monthly salary.

I wish the price of a new Daytona was 18% of my gross monthly salary. I could live on $55,000+ a month.

TempoKing · 23 July 2015, 10:22 AM

I bought my 6239 ca. '69 - '70 under pressure...lol
I was working for Bailey Banks and Biddle and my manager "forced" me to buy one
Back then we were sending them back to Rolex in exhange of two tone datejusts
Our employee discount was half price plus another 20-25% off from the importers profit.
I paid one and a half weekly salary

photodork · 23 July 2015, 10:31 AM

my dad was 24-25 when he bought his oyster royal in 1958. i recall him saying he most likely paid under $100 for it, and he got a leather strap included along with the attached oyster bracelet.
a week or so ago here in halifax, the replacement 78350 bracelet with 551 endlinks and 2 extra links cost me $1560 canadian(tax in)
dad told me he should have bought 20 of the watches in 1958. we laughed.

17 July 2015, 01:04 PM	#32
QueueCumber "TRF" Member Join Date: Aug 2009 Real Name: Q Location: The Q Continuum Watch: ST:TNG Posts: 8,466	I thought for sure you were going to say you wanted to be a part of the Furthur Acid Tests.... __________________ Instagram: _queuecumber_

23 July 2015, 06:40 AM	#41
dpa94114 "TRF" Member Join Date: Jul 2013 Location: ex SF, back east Posts: 531	nice...very early version, no "DAYTONA" on dial they probably offered layaway plan...$5/week Last edited by dpa94114; 23 July 2015 at 06:41 AM.. Reason: clarity

20 July 2015, 06:33 AM	#34
Desibaba "TRF" Member Join Date: Jul 2014 Location: Ft Lauderdale, Fl Watch: Sub,Pam90,SA2 Posts: 595	The big question is if you wore a Rolex in the 60s was it considered a huge status symbol like it is today or was it just another the watch? Imagine if you could buy a sub today for $1000 and a Daytona for $1200. Every tom, dick and harry out there would be wearing one instead of the ones that they do right now that are from the flea market lol.

22 July 2015, 01:43 PM	#36
shou.biao.kuang "TRF" Member Join Date: Apr 2013 Real Name: SBK Location: Singapore Watch: means shou biao Posts: 289	If I were 30s back in the 60s, and had idea of the now back then, I would have thrown all my earnings into Berkshire Hathaway shares! And with the $$$ earned from these shares, I can jolly well afford most vintage Rolexes even at the current opulence prices LOL Very good thread here... :)

23 July 2015, 02:41 AM	#39
rolfiz Banned Join Date: Jul 2015 Location: USA Posts: 110	Hell, I got into collecting watches in the late 90s, at that time you could pick up Daytonas for under a grand, double red seadwellers for under two grand. I passed on many a mint day-date for under $5K because it was too much. It's only recently that we've become comfortable paying so much for watches. ...although, that appears to be changing.

23 July 2015, 06:29 AM	#40
DPE "TRF" Member Join Date: Oct 2014 Location: uk Posts: 1,050	If anyone is going back to the 60's, I will pay you a little extra as a bonus if you could pick up a Rolex for me.

23 July 2015, 10:22 AM	#45
TempoKing Banned Join Date: Jan 2008 Real Name: Anastasios Location: Athens Greece Watch: Rolex GMT 1675 Posts: 8,497	I bought my 6239 ca. '69 - '70 under pressure...lol I was working for Bailey Banks and Biddle and my manager "forced" me to buy one Back then we were sending them back to Rolex in exhange of two tone datejusts Our employee discount was half price plus another 20-25% off from the importers profit. I paid one and a half weekly salary

23 July 2015, 10:31 AM	#46
photodork "TRF" Member Join Date: Jul 2015 Real Name: greg Location: canada Watch: '57 oyster royal Posts: 55	my dad was 24-25 when he bought his oyster royal in 1958. i recall him saying he most likely paid under $100 for it, and he got a leather strap included along with the attached oyster bracelet. a week or so ago here in halifax, the replacement 78350 bracelet with 551 endlinks and 2 extra links cost me $1560 canadian(tax in) dad told me he should have bought 20 of the watches in 1958. we laughed.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)