ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
29 March 2017, 05:02 AM | #31 |
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Watch: platinum sub
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buy a savings bond instead
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If you wind it, they will run. 25 or 6 to 4. |
29 March 2017, 05:30 AM | #32 |
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Oh boy.
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29 March 2017, 05:31 AM | #33 | |
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Real Name: Flavio
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29 March 2017, 05:54 AM | #34 | |
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I also don't understand the logic behind locking up a watch in the safe. Now, if we're talking an extremely rare piece, no longer made and difficult to source parts, then I'm all about it. Otherwise, strap that Daytona on and enjoy it! Remember tomorrow is not promised to anyone.
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WG SUB-116719 GMT MASTER II 126719 |
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29 March 2017, 06:06 AM | #35 |
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Real Name: Vincent B
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Watch: '06 GMT Master II
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No, you can't always recoup your investment.
Sent from my XT1575 using Tapatalk
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Wearing Today: * Seiko SRP777 (2017) |
29 March 2017, 06:07 AM | #36 | |
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Location: US
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Quote:
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29 March 2017, 06:07 AM | #37 |
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Join Date: Jan 2014
Real Name: Elvis
Location: New York
Watch: Rolex
Posts: 320
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29 March 2017, 06:18 AM | #38 |
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Location: Gulfport
Watch: 18038 Presidential
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W/o pics it never happened..........
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29 March 2017, 06:22 AM | #39 |
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Watch: All
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Investment.........Watch.........Investment....... ..Watch........
No matter how hard I try, the two words just don't add up. Wear it, enjoy it. If worth more later, great but not something I would bet the house on. God bless those with such will power to buy a beautiful watch and be able to store it, never wearing it, doing nothing more than occasionally looking at it. Not me. Call me weak. |
29 March 2017, 06:32 AM | #40 |
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Join Date: Dec 2015
Location: NYC
Watch: 116710BLNR
Posts: 1,541
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It's all speculation but I'm sure 20-30 years down the road a NOS BNIB 116520 would fetch a great price. Weren't 16520s just over $5k in 2000? However what will the premium between a 116520 in excellent condition w/ full set and a NOS be? Probably not more than $2-3k. The only investment grade Daytonas are the '60s-'80s models and who knows if they'll be as desirable once future generations don't even know who Paul Newman was. They have been a great investment for those who bought them 30-40 years ago but not now. I don't know that it's worthwhile to keep it locked up. Better to enjoy it and keep it in as good condition as you can. As others have said, the market and real estate have tried and proven investment potential in the long run.
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Rolex 116710 BLNR Rolex Day Date 118238 Champagne/Batons |
29 March 2017, 06:40 AM | #41 |
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Real Name: Rollee
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In a minimum of 20 years, you shall never lost the 12k that you've paid for it. Trust me on that.
Satisfaction of owning an untouched/unpeeled brand new 116520 is safely in the vault = priceless = bliss
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Time you enjoy wasting was not wasted |
29 March 2017, 06:41 AM | #42 | |
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Quote:
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Rolex 116710 BLNR Rolex Day Date 118238 Champagne/Batons |
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29 March 2017, 07:04 AM | #43 |
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Location: usa
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daytona platinum yes, daytona c ss, no. why? too many daytona c ss.
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29 March 2017, 07:10 AM | #44 |
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Watch: 116710BLNR
Posts: 1,541
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Yeah I still haven't run across a Platona at any AD. They most likely never sit around long enough for it to be on display.
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Rolex 116710 BLNR Rolex Day Date 118238 Champagne/Batons |
29 March 2017, 07:11 AM | #45 |
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Real Name: Danny
Location: Bay Area CA
Watch: Yellow Gold
Posts: 20,138
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Better off buying a Kermit then a Daytona for what you wanna do
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29 March 2017, 08:31 AM | #46 |
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Join Date: Nov 2007
Location: Another Planet
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wear it , sell it when you tire of it and hopefully get your money back.
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29 March 2017, 08:47 AM | #47 | |
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oh my god! You bought a Rolex to put in a safe and invest? There is a hundred better ways, much better ways you can invest 12k and it definitely isn't something that goes in a safe. Wear your Rolex and enjoy it! Sent from my iPhone using Tapatalk Pro
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AP Royal Oak [15400ST.01] Rolex DateJust 41 [126334] Rolex Submariner Date [116610LV] Rolex GMT Master II [116710BLNR] Rolex Cosmograph Daytona [116500LN] |
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29 March 2017, 08:51 AM | #48 |
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Location: Maui
Watch: Patek
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A sub LV was 5600 in 2014 and now 6 or 7 in 3 years, not a bad investment not you can buy like 50 of them but what's the point of buying one or two. I guess it's better than a CD or 401k
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29 March 2017, 08:51 AM | #49 |
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Real Name: Brandon
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Watch: my money vanish
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My ad takes their last of every discontinued Rolex model and puts it in a lot display case built into the wall. Is a cool walk down memory lane and really neat when they add a future classic.
They keep as a museum, but being in them at cost for an AD will be a money making proposition at some point. Sent from my iPhone using Tapatalk |
29 March 2017, 09:07 AM | #50 |
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Join Date: Jul 2011
Location: Austin TX
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BNIB with full stickers won't fall under $12K, just look up the Zenith Daytona. Trusted sellers are already selling for north of $15K, but how sustainable that is - no one knows. Certainly no downside to do what you're proposing.
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29 March 2017, 09:14 AM | #51 |
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Location: montreal
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What you need to do is buy SILVER. Take a look at the last year in silver. If you bought 1000 ounces on Jan 1st for 15K and then waited 2 months silver went up to 18.54 you could have sold for a 3K profit and waited 1 mph until it drops again to 16$ or so. The Silver market is the way to go if you want to make quick buy and sells with about 10k to 30k. I buy my silver at 15$ to 16$ and wait until it hit 18$ to 20$ then i sell and repeat. Try it but don't buy until it hits 16$ at most. They are controlling the market and i've been watching them and profiting from it.
Here are the spot prices for the last year http://www.apmex.com/spotprices/silver-prices |
29 March 2017, 01:22 PM | #52 |
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Real Name: Jerry
Location: Los Angeles
Watch: Rolex Submariner,
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I'll wear it for you.
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Rolex Submariner, Tag Heuer Carrera |
29 March 2017, 01:29 PM | #53 |
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You'd be better off buying 10 oz of gold and sitting on that than a watch.
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29 March 2017, 01:36 PM | #54 |
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Real Name: Don
Location: USA
Watch: Rolex
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Better to wear it and enjoy. No one knows how much it will be worth in the years to come.
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29 March 2017, 03:09 PM | #55 |
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Location: Belgium
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My two pence
Over my years of buying and enjoying wearing my watches I have learned a few things....
1. Buy the right ones and you will not loose money, but the BIG question is "What is the right one ?" 2. Buy only the ones you truly like, if you have good taste, more people will like it too :-) 3. In the long run wearing or not, does not make a difference 4. Buy reputable brands only and diversify 5. NEVER NEVER buy at full retail price 6. NEVER rely on auction results of past/vintage watches, this is no sign for the future I have bought loads of watches over the years of different brands, I never lost money so far on the ones I sold. BUT please a watch MUST be worn like a car MUST be driven. |
29 March 2017, 04:16 PM | #56 | |
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Quote:
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current Rolex collection: to much...... |
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29 March 2017, 06:08 PM | #57 |
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Invest your money elsewhere. Watches are not something that is usually a smart investment
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29 March 2017, 06:15 PM | #58 |
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Location: Asia
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Why so many people perceive Rolex watches as investment.....Yes there maybe some vintage models that were very rare. But modern Rolex is produced in mass quantity. There maybe still some models that people love and can appreciate down the road (in 10, 20, 30 years???). But the fund you put aside can, more often than not, have higher probability to give you better return over the same period of time if invested prudently!
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29 March 2017, 06:37 PM | #59 |
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Real Name: Yannis
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I would enjoy the watch but i am certain prices will appreciate for stickered BNIB examples in the next years. Past experience has demonstrated that BNIB discontinued Rolex watches appreciate.
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29 March 2017, 08:48 PM | #60 |
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Real Name: John
Location: North Carolina
Watch: 1953 pre explorer
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Seriously?!?!.......an investment!?!?! Talk to your broker and buy good stocks or commodities.
To know the future is to be trapped by it |
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