ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
|
|
Thread Tools | Display Modes |
10 October 2019, 09:03 AM | #1 |
"TRF" Member
Join Date: Feb 2012
Location: EU
Posts: 92
|
Value retention and scarcity are the most important things on a watch purchase..
The subject definitely needs a sticky and a dedicated section on this forum, what if I miss the daily market price of BLRO by a second because I did not spot the correct thread that mentioned it, it happened once and I’d be devastated were it to happen again.
|
10 October 2019, 09:15 AM | #2 |
"TRF" Member
Join Date: Mar 2018
Real Name: Larry
Location: Finger Lakes
Posts: 6,007
|
deleted
|
10 October 2019, 09:16 AM | #3 |
2024 Pledge Member
Join Date: Feb 2014
Real Name: Mike
Location: NH
Watch: 116400GV 124060
Posts: 1,167
|
|
10 October 2019, 09:18 AM | #4 |
"TRF" Member
Join Date: Feb 2012
Location: Chicago
Watch: explorer
Posts: 2,122
|
I hope this is sarcastic, but you never know with how posts are going these days.
|
10 October 2019, 09:22 AM | #5 |
2024 Pledge Member
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 19,265
|
Been asked many times. Wonder if mods will ever listen... or just close this thread due to the sensitive subject matter.
__________________
__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
10 October 2019, 09:23 AM | #6 |
"TRF" Member
Join Date: Jan 2019
Location: Spain
Posts: 831
|
From Rantasalmi; right ?
__________________
116610LN - 216570 Polar - 114300 Red Grape - 326934 White - 116660 Black - 126300 Blue - 116713LN - 116503 Black - 116900 - 126600 - 116618LB - 116689 - 79220R ETA |
10 October 2019, 09:23 AM | #7 |
"TRF" Member
Join Date: Feb 2011
Location: England
Watch: 16710, 16628
Posts: 7,755
|
Best of luck with it OP.
__________________
GMT II 16710 TRADITIONAL ( D- Serial #) ROLEXFANBOY P-Club Member #4 |
10 October 2019, 09:27 AM | #8 |
2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,066
|
And I want to sit like Charlie Sheen in Wall Street and watch the ticker of watch prices go by me on the wall, as I ponder who Blue Horseshoe loves today.
|
10 October 2019, 10:45 AM | #9 |
"TRF" Member
Join Date: Jun 2017
Location: DC
Watch: 126710BLRO, 116600
Posts: 7,869
|
Hahaha. Ha. Ha.
|
10 October 2019, 10:54 AM | #10 |
"TRF" Member
Join Date: Jul 2014
Location: Washington, DC
Posts: 5,336
|
Must be sarcasm, right?
|
10 October 2019, 11:24 AM | #11 |
Banned
Join Date: May 2014
Real Name: John
Location: La Jolla, CA
Watch: Platona
Posts: 12,194
|
I am working with a software developer to create a program to track the prices of hot Rolex and Patek watches on an hourly basis, both bid and ask. Our target customers will be both novice investors getting into the watch game as well as seasoned flippers. OP: I will contact you upon our completion date which is TBD.
|
10 October 2019, 01:51 PM | #12 |
"TRF" Member
Join Date: Oct 2016
Location: Cheshire UK
Posts: 1,065
|
I think we can go one step further than a simple "spot price' tracker and develop a derivatives market for Rolex watches.
It could be a synthetic multi currency adjusted ETF traded by the second in real time with the ability for futures price point options for each model. Thinking of calling it 'Current Rolex Assumed Pricing' or CR** for short. If I don't do that, I might just buy a watch and wear it. |
10 October 2019, 03:19 PM | #13 |
"TRF" Member
Join Date: May 2016
Location: Asia
Posts: 714
|
Unless you have access to abundant number of highly sought after watches at msrp, you won’t make a fortune from watch trading.
With the manufacturing capacity of Rolex today, supplies won’t be as scarce as that in 60-80s. Better to invest you funds elsewhere! |
10 October 2019, 04:43 PM | #14 | |
"TRF" Member
Join Date: Jan 2009
Location: Dallas
Watch: 12800ft = 3900m
Posts: 11,169
|
Quote:
The only difference is that unlike the first generation vintage watches which were actually used and not necessarily well maintained which made good condition examples rare, today every joe blow is stashing away his watch and even afraid to get it wet or use it while doing something incredibly risky and extremely dangerous like riding a bike, and at the far far right, many are going nuts as to how it scratches from being on a laptop computer with your Rolex. So there will be plenty of LNIB/NOS, and mint condition watches available in the future. This thread proves that Rolex is mostly man jewelry, and a trade commodity. 100% opposite the reason I love mechanical watches. |
|
10 October 2019, 04:57 PM | #15 |
2024 Pledge Member
Join Date: Nov 2006
Real Name: Eddie
Location: Australia
Watch: A few.
Posts: 36,692
|
Don’t feed them.
__________________
E |
10 October 2019, 05:01 PM | #16 | |
"TRF" Member
Join Date: Jun 2011
Location: GMT -8
Posts: 335
|
Quote:
|
|
10 October 2019, 05:02 PM | #17 | |
"TRF" Member
Join Date: May 2016
Location: Asia
Posts: 714
|
Quote:
I won't be surprised if Rolex slowly increases its manufacturing capacity if they see a steady increase in demand (grow proportionately with population?!?). Since people know Rolex watches maintain better resell value/can be sold at a profit, many of them will keep their watch in mint/pristine condition. I think in the future the supply of "vintage" Rolex will not be as scarce as that in decades ago. I don't expect people will make a fortune out of it. |
|
10 October 2019, 05:07 PM | #18 | |
"TRF" Member
Join Date: Jan 2009
Location: Dallas
Watch: 12800ft = 3900m
Posts: 11,169
|
Quote:
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
Thread Tools | |
Display Modes | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.