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tomc8219 · 4 April 2009, 01:13 AM

Sorry for jumping in un-announced (just joined today) I've been collecting watches for the past few years and am ashamed to say that i've only just started with Rolex. My current collection as it currently stands holds a franck muller casablanca, a jacob & co and a breitling navitimer.

I've always bought watches with the view that one day i'll part with them hopefully for a modest profit. That day hasn't come yet (touch wood) but now I am looking for afew Rolex.

I am considering a SS 18kt datejust and also a president. Can anyone offer me any tips regarding models that hold value over time. Sorry if i'm sounding a little vauge, still building up my knowlage on the Rollies

Tools · 4 April 2009, 01:19 AM

Rolex holds it's value very well over time..

But, you are unlikely to be able to retire investing in watches.. After a few years you can almost always sell one for what you paid for it, or more in many cases. When you figure in inflation though, it really isn't a profit in terms of current dollars vs. future dollars.

Rockrolex · 4 April 2009, 01:19 AM

Welcome to TRF, Tom. While you have a nice little collection, don't count on making a profit off them. The ones you mentioned don't hold their value all that well.

You might want to live by the adage: If you want to make a Million buying and selling watches, start with Two Million.

But more power to you. Hopefully you can buck the trend, but you're generally better off investing in the stock market than in watches. The potential for return is better and faster (even in today's down market).

Jimbits76 · 4 April 2009, 01:23 AM

Buy Gold, Silver or Palladium.

J

tomc8219 · 4 April 2009, 01:25 AM

Thanks for the quick responses there, buying watches for investment is pretty much my way of justifying having a addiction to hoarding fine watches. That said i've been lucky enough to make sizable profits on certain brands in the past. Jacob & Co are completely a (fading) fashion but since Mr Arabo got sent to prision his watches are going up in value. Public image and all that.

Regarding my plans to purchase Rolex, i place a post in the 'watchout' section for some advice on a platinum daydate, don't think it's shown up yet though.

Greatful for any advice.

padi56 · 4 April 2009, 02:02 AM

Have to agree with my colleagues Ed and Larry watches should not be thought of investments.While watches from Rolex and say Patek hold there price very well in proportion to many high end and designer type watches.The only real investments in the Rolex world is most of the vintage sports type watches plus vintage Daytona or Milgauss especially when bought 20-50 years ago.And its mainly the S.Steel sports watches that hold there price well in todays market. Precious metal ones if bought at retail price, don't hold there price proportionally as say the S.steel models.With the modern day Rolex just to many of them around in this world today to be thought of any kind of investment.

abr68 · 4 April 2009, 02:13 AM

if you are really loking from an investment perspective you should have a very deep look into the Vintage Rolex market.
It decreased enormously.
Not that much (if...) on the high end pieces but e.g. on 5512/5513, 1675, 1680 (white and red)....
I saw a decrease of about 25 to 40% of market value and expect that this will increase again

Again, as said there are other investments and watches are a hobby but I wanted to reflect your original question.

peppermannen · 4 April 2009, 02:28 AM

Buy vintage, or at least buy second-hand. And stick to SS, IMHO. But I've said this before, and I'll say it again: the investment is in the feeling of owning some of the greatest watches around.

simbal · 4 April 2009, 02:32 AM

If you want to make a Million buying and selling watches, start with Two Million.

This is so true when it comes to collecting waches! unless if you buy limited production PPs, then maybe you have a shot. But then you really have to start with at least two million dollars! LOL!!

Bebot · 4 April 2009, 02:40 AM

Welcome to TRF!

Don't know about investing on watches. I just buy them and wear them and then sell them when I'm tired of them. I'd never made any money on any Rolex that I bought and sold. I always sell for less than what I paid for, regardless.

hennabav · 4 April 2009, 05:07 AM

I agree with a lot of fellow TRFers. The SS sport models hold their value much better than precious metal ones. The vintage ones have come down a lot in price recently due to the economy but if you want a newer version, get a second hand SS Daytona or GV Milgauss. I feel those two you really cant go wrong with. But if you want a true investment, invest in some stocks now. The market should begin to climb back a little soon and its a wiser investment than a Rolex if you just plan on it as an investment.

scottschoe · 4 April 2009, 05:10 AM

Quote:

Originally Posted by tomc8219

I am considering a SS 18kt datejust and also a president. Can anyone offer me any tips regarding models that hold value over time. Sorry if i'm sounding a little vauge, still building up my knowlage on the Rollies

Those two are great examples of models that don't hold their value over time.

MrCowboy99 · 4 April 2009, 05:15 AM

somehting you might want to reference of prices over time..

http://www.minus4plus6.com/PriceEvolution.htm

cody p · 4 April 2009, 05:28 AM

current prices are rock bottom - if you buy the right model now, i'm sure in a few years you'll sell it for more than you paid for it.

firefly4423 · 4 April 2009, 05:39 AM

Quote:

Originally Posted by Jimbits76

Buy Gold, Silver or Palladium.

J

This. I have been doing this for a little while now and I have seen some good profits.

Art 1 · 4 April 2009, 05:41 AM

Quote:

Originally Posted by tomc8219

Sorry for jumping in un-announced (just joined today) I've been collecting watches for the past few years and am ashamed to say that i've only just started with Rolex. My current collection as it currently stands holds a franck muller casablanca, a jacob & co and a breitling navitimer.

I've always bought watches with the view that one day i'll part with them hopefully for a modest profit. That day hasn't come yet (touch wood) but now I am looking for afew Rolex.

I am considering a SS 18kt datejust and also a president. Can anyone offer me any tips regarding models that hold value over time. Sorry if i'm sounding a little vauge, still building up my knowlage on the Rollies

My advice would be to forget about it, especially the two you mention.

sirjohnbrian · 4 April 2009, 05:46 AM

Not a very good investment in my opinion. Probably a reasonable place to hide assets though.

Numismatist · 4 April 2009, 05:46 AM

Buying your first Rolex is an investment in your future addiction to the brand...

hennabav · 4 April 2009, 05:55 AM

Stay away from the DJ and DD style rolexes if u want it as an investment.

Cato · 4 April 2009, 05:58 AM

I think the best bet would be a Subbie in stainless steel. It's a good bet that if you buy a few of those, leave all the plastic on and keep the packaging you'll make a good profit in a few years. Lots of people love Subbies and buy them as their one and only Rolex. Regular price increases almost guarantee a profit.

housemad · 4 April 2009, 06:07 AM

Rolex is not Audemars Patek or Panerai...The prices of Rolex are stable but somehow depreciate a little with time...the reason being is that Rolex is a mass productive compagny...Rolex is everywhere!

In Rolex history...The Milgauss (old)...The Daytona Paul Newman...and the Comex made pretty happy owners!!!

The Comex was sold at Antiquorum in NY last year for about $126,000.00 USD

I dont think you can speculate with Rolex today!

Go to the other brands haute horlogerie...complicated,tourbillon,and limited edition...

WatchTimes · 4 April 2009, 06:39 AM

How much money do you have???
Unless you have 20G or more to play with don't buy a Rolex as
an investment.
A Red SD or Sub, a Newman Daytona, models like that you can consider an investment (a risky one at that).
If you have real money buy a Patek Complication (plan on throwing down a few hundred K)
There are MUCH better investments than watches (especially Rolex).
If you insist on investing in Rolex BUY VINTAGE SPORTS MODELS!!!! That is the only chance you have..........

Beaumont Miller II · 4 April 2009, 07:32 AM

This question reminds me of an interesting story. I was considering buying a Browning 20 gauge Superposed shotgun with a fair amount of gold inlay on the receiver. The gun was from the 1950's. When I took the gun to a gentleman that knew a lot about Brownings he told me the gun was worth only a fraction of what the guy was selling it for. I told him I didn't want to pay to much for it because I didn't want to get hurt when and if I sold it. Then he said something that I will never forget: " You make your money when you buy it. If you plan on selling it, you never know how much you will sell it for."
That being said, I try to buy used watches in great condition preferably with some documentation like certificate papers or service papers. Stick with vintage tool watches in stainless steel. I think those white 1680s are very reasonably priced. I would be buying those if I was not paying off my DRSD from last year. Ouch.

Dom · 4 April 2009, 03:36 PM

A investment account doesn't look as good on your wrist but seems to have more consistent returns ...

(casually we will ignore recent history that is)

Nakow · 4 April 2009, 09:03 PM

Quote:

Originally Posted by Dom

A investment account doesn't look as good on your wrist but seems to have more consistent returns ...

(casually we will ignore recent history that is)

Agreed!

4 April 2009, 01:13 AM	#1
tomc8219 "TRF" Member Join Date: Apr 2009 Real Name: Tom Location: London UK Posts: 133	Rolex for investment, any advice? Sorry for jumping in un-announced (just joined today) I've been collecting watches for the past few years and am ashamed to say that i've only just started with Rolex. My current collection as it currently stands holds a franck muller casablanca, a jacob & co and a breitling navitimer. I've always bought watches with the view that one day i'll part with them hopefully for a modest profit. That day hasn't come yet (touch wood) but now I am looking for afew Rolex. I am considering a SS 18kt datejust and also a president. Can anyone offer me any tips regarding models that hold value over time. Sorry if i'm sounding a little vauge, still building up my knowlage on the Rollies

4 April 2009, 01:19 AM	#2
Tools TRF Moderator & 2024 SubLV41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,514	Rolex holds it's value very well over time.. But, you are unlikely to be able to retire investing in watches.. After a few years you can almost always sell one for what you paid for it, or more in many cases. When you figure in inflation though, it really isn't a profit in terms of current dollars vs. future dollars. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

4 April 2009, 01:19 AM	#3
Rockrolex TRF Moderator & 2024 SubLV41 Patron Join Date: May 2005 Real Name: God Location: Washington, D.C. Watch: What do you think? Posts: 37,967	Welcome to TRF, Tom. While you have a nice little collection, don't count on making a profit off them. The ones you mentioned don't hold their value all that well. You might want to live by the adage: If you want to make a Million buying and selling watches, start with Two Million. But more power to you. Hopefully you can buck the trend, but you're generally better off investing in the stock market than in watches. The potential for return is better and faster (even in today's down market). __________________ Despite the high cost of living, it's still very popular. *Tosser Cabinet Member* Official Member: 'Perpetual 30' Vegas International GTG 2016 Official Member "WIS-CON" Las Vegas International GTG 2017 Official Member "WIS-CON" Las Vegas International GTG 2018 Official Member "WIS-CON" Las Vegas International GTG 2019

4 April 2009, 02:02 AM	#6
padi56 "TRF" Life Patron Join Date: Jun 2005 Real Name: Peter Location: Llanfairpwllgwyng Watch: ing you. Posts: 53,063	Have to agree with my colleagues Ed and Larry watches should not be thought of investments.While watches from Rolex and say Patek hold there price very well in proportion to many high end and designer type watches.The only real investments in the Rolex world is most of the vintage sports type watches plus vintage Daytona or Milgauss especially when bought 20-50 years ago.And its mainly the S.Steel sports watches that hold there price well in todays market. Precious metal ones if bought at retail price, don't hold there price proportionally as say the S.steel models.With the modern day Rolex just to many of them around in this world today to be thought of any kind of investment. __________________ ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder

4 April 2009, 02:13 AM	#7
abr68 Banned Join Date: Dec 2007 Real Name: Axel Location: Germany Watch: view my signature Posts: 612	Fully agree with the others! But..... if you are really loking from an investment perspective you should have a very deep look into the Vintage Rolex market. It decreased enormously. Not that much (if...) on the high end pieces but e.g. on 5512/5513, 1675, 1680 (white and red).... I saw a decrease of about 25 to 40% of market value and expect that this will increase again Again, as said there are other investments and watches are a hobby but I wanted to reflect your original question.

4 April 2009, 01:23 AM	#4
Jimbits76 "TRF" Member Join Date: Sep 2007 Location: UK Posts: 9,407	Buy Gold, Silver or Palladium. J

4 April 2009, 01:25 AM	#5
tomc8219 "TRF" Member Join Date: Apr 2009 Real Name: Tom Location: London UK Posts: 133	Thanks for the quick responses there, buying watches for investment is pretty much my way of justifying having a addiction to hoarding fine watches. That said i've been lucky enough to make sizable profits on certain brands in the past. Jacob & Co are completely a (fading) fashion but since Mr Arabo got sent to prision his watches are going up in value. Public image and all that. Regarding my plans to purchase Rolex, i place a post in the 'watchout' section for some advice on a platinum daydate, don't think it's shown up yet though. Greatful for any advice.

4 April 2009, 02:28 AM	#8
peppermannen "TRF" Member Join Date: Dec 2008 Real Name: Petter Location: Oslo Watch: me now! Posts: 503	Buy vintage, or at least buy second-hand. And stick to SS, IMHO. But I've said this before, and I'll say it again: the investment is in the feeling of owning some of the greatest watches around. __________________ Rolex: SS Sub 5513, Pepsi GMT 1675 Tudor: 79170 "Big Block", 79260p, 7021/0 Snowflake, 79190 Sub Heuer Carrera, Omega Speedmaster

4 April 2009, 02:32 AM	#9
simbal "TRF" Member Join Date: May 2008 Real Name: Joe Location: USA Posts: 833	If you want to make a Million buying and selling watches, start with Two Million. This is so true when it comes to collecting waches! unless if you buy limited production PPs, then maybe you have a shot. But then you really have to start with at least two million dollars! LOL!!

4 April 2009, 02:40 AM	#10
Bebot "TRF" Member Join Date: Feb 2009 Real Name: Emil Location: Bay Area, CA Watch: U macallit Posts: 2,645	Welcome to TRF! Don't know about investing on watches. I just buy them and wear them and then sell them when I'm tired of them. I'd never made any money on any Rolex that I bought and sold. I always sell for less than what I paid for, regardless.

4 April 2009, 05:07 AM	#11
hennabav Banned Join Date: Mar 2009 Real Name: Jon Location: New England Watch: --Rolex-- Posts: 2,391	I agree with a lot of fellow TRFers. The SS sport models hold their value much better than precious metal ones. The vintage ones have come down a lot in price recently due to the economy but if you want a newer version, get a second hand SS Daytona or GV Milgauss. I feel those two you really cant go wrong with. But if you want a true investment, invest in some stocks now. The market should begin to climb back a little soon and its a wiser investment than a Rolex if you just plan on it as an investment.

4 April 2009, 05:15 AM	#13
MrCowboy99 "TRF" Member Join Date: Mar 2008 Real Name: Mac Location: Dallas, Texas Posts: 1,367	somehting you might want to reference of prices over time.. http://www.minus4plus6.com/PriceEvolution.htm __________________ I do not offer or provide any Rolex investment advice or opinion regarding the nature, potential, value, suitability or profitability of any particular watch, collections of watches, transaction or investment watch collecting strategy, and you shall be fully responsible for any watch decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances, watch objectives, risk tolerance, and what looks good in yoru opinion on your wrist.

4 April 2009, 05:28 AM	#14
cody p "TRF" Member Join Date: Jun 2008 Location: Canada Watch: Air-King 114200 Posts: 2,878	current prices are rock bottom - if you buy the right model now, i'm sure in a few years you'll sell it for more than you paid for it.

4 April 2009, 05:46 AM	#17
sirjohnbrian "TRF" Member Join Date: Oct 2008 Location: PA Watch: 'chu lookin' at??? Posts: 964	Not a very good investment in my opinion. Probably a reasonable place to hide assets though. __________________ "Clothes make the man. Naked people have little or no influence on society." Mark Twain "Facts are meaningless. You could use facts to prove anything that's even remotely true." Homer Simpson SS Midsize DJ 68274 "L" TT Jubilee DJ 116233 "Z" Sea Dweller DS 116660 "V" SS White Dial Daytona "V"

4 April 2009, 05:46 AM	#18
Numismatist "TRF" Member Join Date: Nov 2007 Real Name: Chris Location: Camden ME & STT Watch: 116600 Posts: 6,350	Buying your first Rolex is an investment in your future addiction to the brand... __________________ Rolex 116600 Sea-dweller Montblanc Solitaire Doué Black & White Legrand FP Montblanc Solitaire Doué Black & White RB Montblanc Meisterstück Diamond Mozart BP Montblanc Meisterstück Mozart BP

4 April 2009, 05:55 AM	#19
hennabav Banned Join Date: Mar 2009 Real Name: Jon Location: New England Watch: --Rolex-- Posts: 2,391	Stay away from the DJ and DD style rolexes if u want it as an investment.

4 April 2009, 05:58 AM	#20
Cato Banned Join Date: Oct 2008 Location: Land of the Lost Watch: 116610LN Posts: 2,201	I think the best bet would be a Subbie in stainless steel. It's a good bet that if you buy a few of those, leave all the plastic on and keep the packaging you'll make a good profit in a few years. Lots of people love Subbies and buy them as their one and only Rolex. Regular price increases almost guarantee a profit.

4 April 2009, 06:07 AM	#21
housemad Banned Join Date: Feb 2009 Real Name: David Location: Montreal Watch: Graham chr.GMT O/S Posts: 373	Rolex is not Audemars Patek or Panerai...The prices of Rolex are stable but somehow depreciate a little with time...the reason being is that Rolex is a mass productive compagny...Rolex is everywhere! In Rolex history...The Milgauss (old)...The Daytona Paul Newman...and the Comex made pretty happy owners!!! The Comex was sold at Antiquorum in NY last year for about $126,000.00 USD I dont think you can speculate with Rolex today! Go to the other brands haute horlogerie...complicated,tourbillon,and limited edition...

4 April 2009, 06:39 AM	#22
WatchTimes 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jun 2008 Real Name: JYogi/Jeremy Location: Metro Detroit USA Watch: It's a Rolex! Posts: 5,787	How much money do you have??? Unless you have 20G or more to play with don't buy a Rolex as an investment. A Red SD or Sub, a Newman Daytona, models like that you can consider an investment (a risky one at that). If you have real money buy a Patek Complication (plan on throwing down a few hundred K) There are MUCH better investments than watches (especially Rolex). If you insist on investing in Rolex BUY VINTAGE SPORTS MODELS!!!! That is the only chance you have.......... __________________ "You won't rise to the occasion - you'll default to your level of training." Barrett Tillman Kentucky Colonel, Tennessee Squire & Combat Leprechaun

4 April 2009, 07:32 AM	#23
Beaumont Miller II "TRF" Member Join Date: Nov 2008 Location: USA Posts: 2,615	Rolex as an investment This question reminds me of an interesting story. I was considering buying a Browning 20 gauge Superposed shotgun with a fair amount of gold inlay on the receiver. The gun was from the 1950's. When I took the gun to a gentleman that knew a lot about Brownings he told me the gun was worth only a fraction of what the guy was selling it for. I told him I didn't want to pay to much for it because I didn't want to get hurt when and if I sold it. Then he said something that I will never forget: " You make your money when you buy it. If you plan on selling it, you never know how much you will sell it for." That being said, I try to buy used watches in great condition preferably with some documentation like certificate papers or service papers. Stick with vintage tool watches in stainless steel. I think those white 1680s are very reasonably priced. I would be buying those if I was not paying off my DRSD from last year. Ouch.

4 April 2009, 03:36 PM	#24
Dom "TRF" Member Join Date: Mar 2009 Real Name: Dominik Location: Zürich Watch: Rolex, Patek, FPJ Posts: 381	A investment account doesn't look as good on your wrist but seems to have more consistent returns ... (casually we will ignore recent history that is)

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