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Old 10 August 2014, 11:30 PM   #1
azguy
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New Money vs. Old Money

It's clear that new money guys buy more expensive watches, I was in Starbucks on Friday morning and while waiting in line I saw a SD, TT Sub and DJ, thank God I was wearing a Tudor

Then at lunch, I counted 4 more while in a small upscale eating place, so I started keeping count on my phone and through last night 23 Rolex's have been spotted......

Scottsdale is a new money town.
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Old 10 August 2014, 11:32 PM   #2
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I spent some time in Scottsdale a couple of months ago and I agree. Plenty of new money flowing there. I think I saw more Ferrari's there then anywhere in SoCal.
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Old 10 August 2014, 11:32 PM   #3
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Those with old money don't buy a Rolex?
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Old 10 August 2014, 11:34 PM   #4
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Well you can count me as a new money guy- I've got a tt sub.
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Old 10 August 2014, 11:34 PM   #5
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It is hard work to pick rich parents and grandparents, called Old Money. It is easy to start from humble conditions and work your way up. New Money.
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Old 10 August 2014, 11:35 PM   #6
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I'm in a no money town.
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Old 10 August 2014, 11:35 PM   #7
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Those with old money don't buy a Rolex?
Old money don't go to Starbucks.
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Old 10 August 2014, 11:40 PM   #8
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Old money don't go to Starbucks.
Ah yes, now I know the defining factor.
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Old 10 August 2014, 11:43 PM   #9
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Those with old money don't buy a Rolex?
No, they inherit them.
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Old 10 August 2014, 11:43 PM   #10
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Not many Daytonas in Canada!
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Old 10 August 2014, 11:46 PM   #11
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Lots of old (mostly oil) money where I live. Went to a very casual birthday party on friday night, lots of old money around. One guy there was a billionaire, who had no watch on. Kinda surprised me. I didn't see any Rolex there, but honestly wasn't looking as much as I normally would. Not sure why, but I blame it on all the kegs. When I looked at the guy worth over 1B, my only thought was how many watches I'd have if I was him haha.
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Old 10 August 2014, 11:48 PM   #12
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I have no money since I spend it all on Rolex watches
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Old 10 August 2014, 11:52 PM   #13
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I have no money since I spend it all on Rolex watches
Best quote here! :)

ps - two THUMBS UP to "just saying NO" (to polishing)!!
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Old 10 August 2014, 11:55 PM   #14
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Most new money guys I know buy AP, old money normally Rolex.
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Old 11 August 2014, 12:03 AM   #15
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I didn't know this
I'm niether but own a rolex
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Old 11 August 2014, 12:08 AM   #16
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New Money vs. Old Money

I don't think there's much of a correlation to be honest. I've been in old money towns and seen some pretty incredible watches. It just so happens that this is an expensive hobby so usually more money = more watches just like more money = more cars boats etc

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I have no money since I spend it all on Rolex watches

Funny!
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Old 11 August 2014, 12:26 AM   #17
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What the hell is new money guy.
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Old 11 August 2014, 12:27 AM   #18
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What the hell is new money guy.
Bills printed Aug 2014.
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Old 11 August 2014, 12:40 AM   #19
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I don't know, never really knew any old money folks. Bit depending on the area you are in there can be a lot of nice watches. Used to live in a fairly affluent area and everywhere you went there were nice watches, mainly Rolex. I would count around 30 a day when I was paying attention.

Now I love in a less flashy area and don't se all that many. Now that I don't see as many they don't seem as common and I want one more for some reason. When I saw them everywhere I had little desire to own one...weird...I guess it is just part of the "uniform" in certain circles, as I know because many are not in least knowledgable or interested in watches. I have made quite a few mistakes on trying to talk watches with a few.
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Old 11 August 2014, 01:28 AM   #20
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The old money friends that I have, the men wear Patek and the women wear Cartier with diamonds, usually. No AP's and few Rolex's
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Old 11 August 2014, 01:44 AM   #21
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Money is money... unless you only deal in gold. That's what I call "old money"!
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Old 11 August 2014, 02:15 AM   #22
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I'm not big into categorizing people...
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Old 11 August 2014, 02:17 AM   #23
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Old money don't go to Starbucks.


My money must be ancient then.
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Old 11 August 2014, 02:27 AM   #24
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All of America is new money as far as some old boys are concerned.
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Old 11 August 2014, 02:29 AM   #25
MonBK
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All of America is new money as far as some old boys are concerned.
The whole country is a new country.
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Old 11 August 2014, 02:31 AM   #26
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Old money don't go to Starbucks.
So do you go to Starbucks, Mon?
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Old 11 August 2014, 02:37 AM   #27
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New Money vs. Old Money

I hope everyone is fortunate enough to have a coffee shop better than Starbucks in their home town. That's all I have to add here.
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Old 11 August 2014, 02:44 AM   #28
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No, they inherit them.
Along with Starbucks stock!
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Old 11 August 2014, 04:19 AM   #29
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What the hell is new money guy.
Buys rollie with credit card and sells it a year later to get caught up on car payments
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Old 11 August 2014, 04:30 AM   #30
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Buys rollie with credit card and sells it a year later to get caught up on car payments

Lol, I couldn't agree with you more.
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