in this bubble do you realise how much your collection is worth

[Aquaman]

hello guys and girls

obviously we are in a midst of bubble watch wise

but when you think about your current watch collection, do you realise how much money you have spent, and how much it could be worth now, especially if you only pay retail

you dont have to say figures etc, im sure you have 1 buy where you have lost money and some which you would have gained on, if you did kick it down the road after a few yeas, or unless you are a flipper

[Passionata]

Originally Posted by Aquaman

hello guys and girls

obviously we are in a midst of bubble watch wise

but when you think about your current watch collection, do you realise how much money you have spent, and how much it could be worth now, especially if you only pay retail

you dont have to say figures etc, im sure you have 1 buy where you have lost money and some which you would have gained on, if you did kick it down the road after a few yeas, or unless you are a flipper

never bought watches as investment however all of them at least doubled in value in
the last 5-10yrs.one of the sweetest part of our hobby .

[1William]

I do and cashed out of my three SS Rolex watches. Sent the Hulk, SD43 and a Polar Explorer II off and profited enough to make me do it. I have a large collection and have used to funds to diversify into Omega, Breitling, Panerai, Seiko and Hamilton. I may get back into the SS Rolex game if the prices ever adjust back to what I think is reasonable, or not. Having a lot of fun with other brands right now. I still own a Rolex DD II in Platinum and a YG Submariner so I am not completely gone away from Rolex.

[AK797]

I've done both a quick realistic dealer offer and private sale add up, and it is just ridiculous, I don't take any of it too seriously and I don't plan to sell, I'm just an amused voyeur, better than Love Island most weeks here.

[ap1]

I’m up on two big time but not sure what the 5170p is valued at. That’s the prettiest one tbh

[Aquaman]

Originally Posted by AK797

I've done both a quick realistic dealer offer and private sale add up, and it is just ridiculous, I don't take any of it too seriously and I don't plan to sell, I'm just an amused voyeur, better than Love Island most weeks here.

Even if you add up retail, you would think WTF

And after your comment saying top off would put of robbers but not the ladies whilst buying. Kebab, you would be on stand by for the show, :

[Fat_ninja]

I’m up on my watches but that’s largely because all the nautilus keep going up

[A971]

My nautilus, in the last year, has given a fairly decent buffer to paper over a few earlier mistakes...

I feel very fortunate that I took it slow in the beginning, and I think having that "always a student" mentality helped me avoid some real damage.

I just really have fun with it. Yeah, it's always nice to feel smart when you pick a winner (in anything). But I really find it to be a great hobby.

[Fat_ninja]

U know what’s i lost money on? The 5524G

[Chiboy]

Originally Posted by Fat_ninja

U know what’s i lost money on? The 5524G

That seemed to be a crowd favorite last year and now they seem to be listed under $40k and not selling very fast. Funny how stuff goes in and out of favor.

Of course in the current market, one Nautilus AD purchase can offset a lot of losses on grand complications or annual calendars.

[Fat_ninja]

Originally Posted by Chiboy

That seemed to be a crowd favorite last year and now they seem to be listed under $40k and not selling very fast. Funny how stuff goes in and out of favor.

Of course in the current market, one Nautilus AD purchase can offset a lot of losses on grand complications or annual calendars.

Cant even sell it :(

[Aquaman]

Originally Posted by Fat_ninja

Cant even sell it :(

Id keep it, something totally different

[tng11]

Up on everything in my collection except the Lange Saxonia Thin and Explorer I. I try not to think about it tbh, I just think about what I paid. But on the 5712, the additional value on top has become so significant that it's hard to forget about it. At the end of the day though, I am a watch collector and not a watch day trader, so I just move along.

[Fat_ninja]

Originally Posted by Aquaman

Id keep it, something totally different

Lol

[Fat_ninja]

Originally Posted by tng11

Up on everything in my collection except the Lange Saxonia Thin and Explorer I. I try not to think about it tbh, I just think about what I paid. But on the 5712, the additional value on top has become so significant that it's hard to forget about it. At the end of the day though, I am a watch collector and not a watch day trader, so I just move along.

I sold my explorer 1 push :)
Lange suc at value retention.... my buddy on this forum will tell u that

[Passionata]

Originally Posted by Fat_ninja

Lol

i really like that piece just not the piece I wan t to own but i wouldn t sell it with huge loss for sure ,
as long as sings to you.

[tng11]

Originally Posted by Fat_ninja

I sold my explorer 1 push :)
Lange suc at value retention.... my buddy on this forum will tell u that

It's not all about value retention, grasshopper.

[Passionata]

Originally Posted by A971

My nautilus, in the last year, has given a fairly decent buffer to paper over a few earlier mistakes...

I feel very fortunate that I took it slow in the beginning, and I think having that "always a student" mentality helped me avoid some real damage.

I just really have fun with it. Yeah, it's always nice to feel smart when you pick a winner (in anything). But I really find it to be a great hobby.

the purchase of LE Hublot hard to offset , basically with PP and Rolex the risk is definetly smaller.

[Fat_ninja]

Originally Posted by tng11

It's not all about value retention, grasshopper.

Yes sensei lol. My buddy I think fell out of love with it and tried to sell it.

[Fat_ninja]

Originally Posted by Passionata

the purchase of LE Hublot hard to offset , basically with PP and Rolex the risk is definetly smaller.

Who blows? It’s bad my 9 year old says that without any context

[Fat_ninja]

Originally Posted by Passionata

i really like that piece just not the piece I wan t to own but i wouldn t sell it with huge loss for sure ,
as long as sings to you.

When I lose money...it becomes a swan song

[CamSLC]

According to Chrono24, +126% on what I currently have. In the big picture it lets me justify getting pummeled on the next purchase

[tubojunk]

Originally Posted by tng11

It's not all about value retention, grasshopper.

Agreed...I think too many people place value retention way too high on the list for building the collection. While it’s great to know it holds value, it only really matters if you actually sell. I’d much rather look at a collection that has variety and think the collector more of a connoisseur, rather than 5 nautilus when anyone with loads of money could go out and get.

[Fat_ninja]

Originally Posted by tubojunk

Agreed...I think too many people place value retention way too high on the list for building the collection. While it’s great to know it holds value, it only really matters if you actually sell. I’d much rather look at a collection that has variety and think the collector more of a connoisseur, rather than 5 nautilus when anyone with loads of money could go out and get.

I agree and disagree

No one likes to collect worthless things.
Also people that collect art for example collect to enjoy but for value retention.


I don’t think watches are art but it’s more accessible to most.


I’ll be the first to admit if my watches were all worth zero, I won’t be collecting anymore.

[Aquaman]

Originally Posted by tubojunk

Agreed...I think too many people place value retention way too high on the list for building the collection. While it’s great to know it holds value, it only really matters if you actually sell. I’d much rather look at a collection that has variety and think the collector more of a connoisseur, rather than 5 nautilus when anyone with loads of money could go out and get.

Good point, and I agree to a point

In my collection I only have the 1 Nautilus

But if you add up your collection surely its a WTF moment when you realise what you have spent

[tyler1980]

Originally Posted by tubojunk

Agreed...I think too many people place value retention way too high on the list for building the collection. While it’s great to know it holds value, it only really matters if you actually sell. I’d much rather look at a collection that has variety and think the collector more of a connoisseur, rather than 5 nautilus when anyone with loads of money could go out and get.

value retention is a fine criteria... value appreciation is different and thats when people stop wearing their watches/speculating.

Its a lot different to expect a watch to retain some/or a lot of value when you sell vs expecting to profit. Too many people expect appreciation not retention

A Lange holds more value than a car... so there you go. Not terrible

[Pateks]

In my younger more foolish days, I bought and sold pieces like mad chasing the elusive value and profit. Since then I’ve pared down the collection to pieces I truly love and serve a purpose for me. Value be damned.

I buy with discretionary funds and if the pieces do well, bonus. I have no intention of selling anything I own now. These are keepers for me.

And frankly I love my 5524. One of my favorite pieces

[Fat_ninja]

Maybe it’s just me... a hazard of my profession. I hate losing money. If I lose money I am having a bad day. This is a daily issue for me. I’m not saying I need the watch to go up in value but I refuse to spend 100k on a watch that a I expect to worth 80 k or worst 50k.

[Russell996]

Originally Posted by CamSLC

According to Chrono24, +126% on what I currently have. In the big picture it lets me justify getting pummeled on the next purchase

Chrono24 figures are junk outside of the obvious fast selling Nautilus, Aquanaut, Daytona, RO etc etc. Tells me my some of my pieces are 200% but I know i’m looking at 30% loss. The rarer the piece the worse the estimate.

[Vipes]

Originally Posted by Pateks

In my younger more foolish days, I bought and sold pieces like mad chasing the elusive value and profit. Since then I’ve pared down the collection to pieces I truly love and serve a purpose for me. Value be damned.

I buy with discretionary funds and if the pieces do well, bonus. I have no intention of selling anything I own now. These are keepers for me.

And frankly I love my 5524. One of my favorite pieces

5524 is a good value right now. I think most modern Pateks on straps aren't doing too well which is pretty sad to see.