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4 September 2020, 08:27 AM | #1 |
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Rethinking my whole approach.
Been thinking about doing it for a while now, and with the Hulk being discontinued, figured I would cash in on the increased value.
Sold my Hulk and Batman. And it wasn’t as painful as I thought it would be. We are in a time of our lives where the money is nice, but not necessary. Part of the reason I sold them off is because I have three other watches: Speedy, Explorer II, Hamilton, and an IWC in the safe waiting for the birth of my daughter. All of these watches mark a significant occasion, college graduation, birth of my son and daughter, and an anniversary gift. The Hulk and Batman were impulse buys. I found myself enjoying them more than my others, so off they went. I have found myself so caught up in the Rolex hype surrounding these hot models that I forgot to enjoy what I have. I keep thinking about what I am gonna get next and forget to live in the moment with the current lineup. I believe purging the Hulk and Batman will help me enjoy what I have and not think about what’s next. Really looking forward to wearing the IWC. Hope to add some non Rolex watches for future milestones as well. Probably Panerai and Grand Seiko spring drive. So will I regret my decision in the future? Possibly. But they are just watches, and I already have a decent collection. Just a rant. Anyone else feel the same? Sent from my iPhone using Tapatalk |
4 September 2020, 08:51 AM | #2 |
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Does not sound like a rant to me. If the watches were not singing to you, then you did the right thing.
It looks like you are a mature grown up, so you won't regret it. This hype around Rolex stainless steel watches is taking away the fun from a lot of people who ended up being obsessed with certain references just because they are difficult to obtain. It looks like you went past that phase! |
4 September 2020, 08:54 AM | #3 |
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I don’t believe you’re going to regret it. These are just watches, even the ones that mark significant occasions.
As values creep upwards, in many cases crazily so, I find myself asking the same question. I haven’t quite hit that point yet. |
4 September 2020, 08:56 AM | #4 |
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Good for you.
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4 September 2020, 09:21 AM | #5 |
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It happens. Earlier this year I sold off three Rolex models from my collection. Two of them were just safe queens. I don’t miss them because although I liked them I determined they simply didn’t fit my personal style. I still really like a lot of watches, but I’ve learned to only buy the ones that I not only *like* but also look good on my wrist and reflect my personal sense of style. Those are the watches I’m most happy with and look forward to wearing. I do like the new OP 41mm turquoise model and hope I get the call in the coming weeks/months.
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4 September 2020, 09:31 AM | #6 |
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If you are not wearing them, no reason to keep them. They probably fetched a pretty penny. Buy something else that you enjoy. Hope you didn’t buy a tech stock yesterday!
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4 September 2020, 09:37 AM | #7 | |
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Haha no, but I’ve been kicking myself for not buying Tesla a while back. Sent from my iPhone using Tapatalk |
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4 September 2020, 09:35 AM | #8 |
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Yeah, never live with any regrets and I doubt you will here. Life is too short and if you aren't actually enjoying a piece to the max then move on (as you did).
The beautiful thing is, once you move past Rolex you start to see so many great pieces and brands to experience that might've been overlooked previously. |
4 September 2020, 09:37 AM | #9 | |
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Exactly! I found myself obsessed with Rolex. If I wasn’t wearing one, I was thinking about it. I do still have the Explorer II, but this gives me the opportunity to enjoy other brands. Sent from my iPhone using Tapatalk |
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4 September 2020, 09:55 AM | #10 |
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You sold the hype. That tells me you speak for yourself and you bring your own perspective. Watches come and go. Having self worth thats not measured in having a status symbol on your wrist is what real confidence and style is all about. Find something that speaks to you and enjoy the journey!
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4 September 2020, 10:05 AM | #11 |
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I sold my BLNR for a huge profit as well after purchasing it msrp. The hype was actually turning me off on the watch! Don’t miss that watch at all.
I would’ve done the same thing if I owned a Hulk. You have the opportunity to more than double your money for what?? Just for buying it at the right time? If I found a sucker to give me double msrp for anything I bought it’d be gone. Minus the sentimental pieces |
6 September 2020, 10:09 PM | #12 |
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Ditto.
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4 September 2020, 10:34 AM | #13 |
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No offence, but I’d dump any ceramic 6d if I was well above what I paid.
There’s so many ceramic fakes, so much runway to have 20-30 years of these things being pumped out, and the people who wear these ceramic fakes make me not want to associate with Rolex 2.0. It’s creeped into its own subgroup. I’m now good with my modern Rolexeses going forward, might add an OP coral if there to wear out — and look forward to adding more lesser idolized brands — even more Tudorseses. |
4 September 2020, 11:11 AM | #14 |
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I did a similar thing a year ago and it felt great! Congrats on your perspective
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4 September 2020, 11:04 PM | #15 |
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Enjoy the pieces that mean something to you. Looking at my wrist and the memories/thoughts certain watches bring back is priceless.
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4 September 2020, 11:27 PM | #16 |
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Hat goes off for even rethinking your approach. I don’t think you will regret it since they were impulse buys. ~ Pleb
Sent from my iPhone using Tapatalk |
4 September 2020, 11:52 PM | #17 | |
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Quote:
Whether they were impulse buys or not, if you were enjoying them, why sell? I understand buying watches because of meaning (heck, I bought a Tudor BBN to commemorate my 1st born), but these could have eventually becomr heirloom pieces and replaced the others as well. Tastes change - buying he Tudor for my son doesn't mean it HAS to stay; pretty sure he's going to be happy getting my other watches too. It just doesn't make sense to me to sell things that you seemed to love, but to each their own!
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5 September 2020, 12:01 AM | #18 |
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Cheers to your growing family.
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5 September 2020, 02:24 AM | #19 |
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EVERYTHING is "just a phase".
We like, we buy, we sell, we can't afford, now we can, we buy some more, circumstances change, we sell, we get older and wonder what the hell we wanted 20 of these things for anyway, we sell, then we see something we like, we buy, then we sell....... No sense overthinking it. Then we realize overthinking is just a phase so we.........
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5 September 2020, 02:30 AM | #20 |
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Selling when market is high is a good move. Everything has a price.
I absolute love my first Rolex, 166710LN which I bought new from AD 10 years ago and always say I'd keep for life. But if someone offered me 20k or 30k for it now, it would be very hard for me to say no.. |
5 September 2020, 08:14 AM | #21 |
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I’ve never been one for hype myself.
If anything it sends me running in the opposite direction. Everyone seems to scrabble more and more these day’s to ‘stand out’ by looking and having the same stuff as everyone else. Give me one offs, customs or bespoke any day of the week !
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5 September 2020, 08:05 PM | #22 |
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Sounds like your decision is based on logic and thought.
Kudos and good luck! |
5 September 2020, 08:23 PM | #23 |
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Good for you and I will probably do the same if this craziness continues. I like variety but the whole issue with Rolex and availability is turning me off the brand. While I have a decent collection, Rolex is all I wear except for the occasional rotation of one of my different brands.
Sadly all the grey pricing is just driving me from the brand. I hadn’t looked at pricing in a while but $28 for a SS Daytona, are you nuts. If It was a more normal product;buy at MSRP, wear it like you stole it, value drops like other watches so you don’t care, buy another when you need some variety, rinse and repeat. Doing that at MSRP ($10k ish) is a whole lot easier then the mess it is now. I have a date sub, hulk, DSSD and a Bluesy. As these prices go through the roof I just need to figure out which one to keep. |
5 September 2020, 09:46 PM | #24 |
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Nothing wrong with taking a profit. Don’t let anyone tell you otherwise.
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5 September 2020, 09:52 PM | #25 | |
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Quote:
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5 September 2020, 10:07 PM | #26 |
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Good for you. It seems like this move was well thought out. In the future if you want another watch then buy one.
Last edited by 1William; 5 September 2020 at 10:07 PM.. Reason: spelling |
5 September 2020, 10:28 PM | #27 |
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I dont see a problem with it. Youre feeling afterwards confirmed it was the right move.
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6 September 2020, 11:36 PM | #28 |
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Sounds like you are already thinking of the next one..... ;-)
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6 September 2020, 11:42 PM | #29 |
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Sounds like you made the right decision. Nothing wrong with taking advantage of the market and capitalizing on it.
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8 September 2020, 12:48 PM | #30 |
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I just picked up an IWC this weekend. I agree with the sales. Good luck with the new watches
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