Quote:
Originally Posted by Beaumont Miller II
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UPDATE: 7/11/2013
I always hear comments about not investing in Rolex or buying a Rolex as an investment but always comment otherwise when I read one of these threads here on TRF. A Rolex is a great investment and if purchased right, it will appreciate nicely in the years to follow.
There are many examples here from watches that I have sold, that have appreciated substantially since they were sold by me. This Submariner is just one example. I had this watch listed in 2009 for $3400 and sold it for a little less to John (Beaumont Miller). Jump four years ahead to 2013 and a fine example comparable to this Submariner would bring, on average, $5000 to $5200. Not bad for four years appreciation on a Submariner. This is just one example of buying wise when purchasing a Rolex and holds true for many other Rolex models.
Hope you are still enjoying that Submariner John!!!