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Martin Posner · 29 August 2009, 05:47 AM

Just a thought - I purchased my Rolex day/date Oyster in 1993 for $4500. Due to the economy I needed to sell it recently. After a significant amount of research, the best I could do was $1800. To say my Rolex was an investment is truly a laugh. As a financial advisor and attorney by trade I view an investment as something that appreciates in value - not something that pays less than 50% of its original purchase price. While there are some Rolex watches which are more valuable than others, I have to admit I was very disappointed.

29 August 2009, 05:47 AM	#10
Martin Posner "TRF" Member Join Date: Aug 2009 Location: New York Posts: 2	Just a thought - I purchased my Rolex day/date Oyster in 1993 for $4500. Due to the economy I needed to sell it recently. After a significant amount of research, the best I could do was $1800. To say my Rolex was an investment is truly a laugh. As a financial advisor and attorney by trade I view an investment as something that appreciates in value - not something that pays less than 50% of its original purchase price. While there are some Rolex watches which are more valuable than others, I have to admit I was very disappointed.

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