ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

superdog · 23 July 2017, 04:20 AM

Full disclaimer, I'm not sure I agree with this. I think in certain instances, it can be a hobby and an investment.

But the forum seems to have a consensus. A Rolex is not an investment. Buy what you like. So I'll present this quandry.

Possibly the only watch I regret flipping is the YM 116655. I want it back.

However, very likely, in the next 30 days I'll have the opportunity to buy a new SS SD. Not interested in spending the money for both. It's one or the other. Both through my trusted AD.

I prefer the YM. But I've not yet seen the SD in person so I'm holding out until I get the opportunity.

And thinking in terms of money, the YM is a losing proposition. Whereas I can't lose with the SD.

I'm not asking for your advice. I'll make my own decision when the time comes. But I do wonder what the consensus would do in my shoes.

Go for the one you prefer, or the one that is definitely a better "investment".

What would you do?

Zakalwe · 23 July 2017, 04:26 AM

If I buy a watch I really like without considering it's future value, I'm less likely to want to flip it (I'm not a flipper anyway) so the future value becomes irrelevant. If I buy a watch with one eye to it's "investment potential" then, well the prophesy more than likely fulfils itself.

superstarmar · 23 July 2017, 04:27 AM

SD, as much as I like the RG YM the SS SD is more
Versatile...
Plus I think it'll told its own ..

beshannon · 23 July 2017, 04:27 AM

Quote:

Originally Posted by superdog

And thinking in terms of money, the YM is a losing proposition. Whereas I can't lose with the SD.

I do not think of luxury jewelry in these terms so I guess I cannot help you.

I buy for enjoyment.

Fleetlord · 23 July 2017, 04:27 AM

What are the hard numbers on both watches?

If you buy the YM low enough, you will still be ok. It's a ROLEX after all and they are always a wanted watch overall....just some more than others.

superdog · 23 July 2017, 04:27 AM

Quote:

Originally Posted by Zakalwe

If I buy a watch I really like without considering it's future value, I'm less likely to want to flip it (I'm not a flipper anyway) so the future value becomes irrelevant. If I buy a watch with one eye to it's "investment potential" then, well the prophesy more than likely fulfils itself.

That's a damn good answer.

lawfor · 23 July 2017, 04:28 AM

I'd go with what I'd enjoy wearing more, even if it is not perhaps as popular. I don't think of them as investments but I do consider how well a watch will hold its value generally - only because I get bored and sometimes decide to sell a piece to get something new. Knowing that, I pay at least some attention to the market value.

Sent from my iPhone using Tapatalk

superdog · 23 July 2017, 04:29 AM

Quote:

Originally Posted by beshannon

I do not think of luxury jewelry in these terms so I guess I cannot help you.

I buy for enjoyment.

That's not what asked tough. I wasn't asking for your help. But I get your point, and appreciate you playing the game. Sort of.

superdog · 23 July 2017, 04:30 AM

Quote:

Originally Posted by Fleetlord

What are the hard numbers on both watches?

If you buy the YM low enough, you will still be ok. It's a ROLEX after all and they are always a wanted watch overall....just some more than others.

SD is list. YM is a very respectable, long term, loyal customer discount.

And good point sir.

superdog · 23 July 2017, 04:32 AM

Quote:

Originally Posted by superstarmar

SD, as much as I like the RG YM the SS SD is more
Versatile...
Plus I think it'll told its own ..

More versatile for sure.

But I've owned the YM. And it truly can go with nearly anything. And when it can't, I've got my DJ41 that goes with everything and anything.

Point well taken though. And I appreciate your perspective.

TimeToWatch · 23 July 2017, 04:33 AM

If you want to minimize downside risk, I suggest the SD4000 or going vintage.

lig · 23 July 2017, 04:33 AM

TRF cliche alert:

Get both.

Seriously though - you're dollars ahead on the SKD if you don't see it as a keeper and if you love the YM - it's not an investment.

beshannon · 23 July 2017, 04:33 AM

Quote:

Originally Posted by superdog

That's not what asked tough.

Quote:

Originally Posted by superdog

What would you do?

I will remember that next time, good luck.

superdog · 23 July 2017, 04:34 AM

Quote:

Originally Posted by lawfor

I'd go with what I'd enjoy wearing more, even if it is not perhaps as popular. I don't think of them as investments but I do consider how well a watch will hold its value generally - only because I get bored and sometimes decide to sell a piece to get something new. Knowing that, I pay at least some attention to the market value.

Sent from my iPhone using Tapatalk

Great post. And good point.

I love the movement and the tech of the SD. But I think I'd enjoy the YM more. I think after some time the SD might just become any other watch. I've been there, done that.

Food for thought. Thank you.

superdog · 23 July 2017, 04:35 AM

Quote:

Originally Posted by beshannon

I will remember that next time, good luck.

Ha. Thanks Brian.

Always appreciate your comments.

SeaDweller50 · 23 July 2017, 04:39 AM

Definitely go with the one you prefer. It'd be the SD for me personally.

levessh · 23 July 2017, 04:41 AM

I would buy the one I really want and smile every time I look at it.

texex91 · 23 July 2017, 04:44 AM

Quote:

Originally Posted by superdog

And thinking in terms of money, the YM is a losing proposition. Whereas I can't lose with the SD.

?

Don't be so sure.

Grab a used YM at a good price and get what you really want.

glenn_herwig · 23 July 2017, 04:47 AM

Quote:

Originally Posted by superdog

Full disclaimer, I'm not sure I agree with this. I think in certain instances, it can be a hobby and an investment.

But the forum seems to have a consensus. A Rolex is not an investment. Buy what you like. So I'll present this quandry.

Possibly the only watch I regret flipping is the YM 116655. I want it back.

However, very likely, in the next 30 days I'll have the opportunity to buy a new SS SD. Not interested in spending the money for both. It's one or the other. Both through my trusted AD.

I prefer the YM. But I've not yet seen the SD in person so I'm holding out until I get the opportunity.

And thinking in terms of money, the YM is a losing proposition. Whereas I can't lose with the SD.

I'm not asking for your advice. I'll make my own decision when the time comes. But I do wonder what the consensus would do in my shoes.

Go for the one you prefer, or the one that is definitely a better "investment".

What would you do?

You have to buy right. Buying retail and then later selling at dealer prices is no investment. Buying right, used from a trusted seller and holding onto for awhile and then trying to sell it by yourself on the open market is probably the best way to get most if not all your money back or more. I once tried convincing myself watches were an investment. But after what I've recently been through. (See my latest thread) They are not an investment. They might be able to be considered a store of value. If I had some cash laying around not in the stock market and a bigger collection of watches that I could wear. I might consider for kicks and giggles buying a ceramic Daytona not at the inflated price and never peel the stickers and see how it does in 25, 30 years. Just my two cents and get the yachtmaster at a good price and enjoy it! I'm sure you'll make the right decesion

brmeyers · 23 July 2017, 04:50 AM

I agree with others who say if you love the YM, get the YM...
Buy from a trusted seller, look for the best price, buy local and in person is my preference,
and you will not lose too much if you decided to sell down the road.

Tony64 · 23 July 2017, 04:53 AM

Quote:

Originally Posted by superdog

Ha. Thanks Brian.

Always appreciate your comments.

Technically you're right Seth. You were asking what "we" would do, not what "you" should do. It's a subtle distinction though, and could easily be misinterpreted as a request for advice.

To your question, I'd get the SD (it's both the one I prefer and the better investment, all things equal). But curious to know why you flipped the YM in the first place? Perhaps therein lies your answer?

red1108nyc · 23 July 2017, 04:56 AM

For me, if I flipped the model once, I will flip it twice and so forth.

SkyD, I love the way it looks in the picture and would buy one if it fits my wrist.
If it does not feel right later, I will just sell it for a loss.. "not a student of waiting for prices to go down later"

GB-man · 23 July 2017, 05:02 AM

Try the SD first. Wear it for awhile and make your decision from there. If you love it...great problem solved.

If you don't, you'll likely be able to recoup your investment provided you don't wait too long (shouldn't be an issue with you my friend, I know it wouldn't be with me

).

DramaTurtle · 23 July 2017, 05:04 AM

I'm putting my vote in for the YM. My favourite PM piecce by far.

Duey · 23 July 2017, 05:11 AM

Seth - Get the one you love ! period
2 weeks ago I sat next to a guy with a 116655 on my flight and it looked hot. That well be my next PM. I loved it even though I know it will loose value.

You can always get a SD if you want it.

cataby · 23 July 2017, 05:15 AM

Quote:

Originally Posted by superdog

And thinking in terms of money, the YM is a losing proposition. Whereas I can't lose with the SD.

If your buying from an AD, you are still going to lose money with the SD. Paying full retail is NOT the path to retaining value.

You make your profit when you buy something, not when you sell it.

Rolex addict · 23 July 2017, 05:20 AM

That's a tough one. You do flip a lot. How many have you made money on? I know you made bank on the Kermit, but that is a special case. Don't over think it right now. Wait until you see both side by side. The answer may become crystal clear at that point.

CenwulF · 23 July 2017, 05:36 AM

I don't see buying a watch to be an investment personally as much as time is money, I buy for satisfaction and the YM is definitely satisfying to me.

My Thoughts

sampelligrino · 23 July 2017, 05:42 AM

I think the reason why we are on this forum and so passionate about these awesome watches (and the community) is because of how much we enjoy/love our watches. I'm with the majority that I would never look to watches as an investment (unless we are talking 4 digit Daytonas *maybe*) and it would, for me at least, take away some of the enjoyment I get out of these watches when I view them not as just something to enjoy, but something in terms of money gained or lost.

You seem to indicate (I could totally be wrong) that for the YM 116655, you really enjoyed/regret letting it go/it's tugging at your heartstrings, whereas you are framing the SS SkyD as a "can't lose" financially.

To me that makes it very clear the right watch for you is the 116655 and not the SS SkyD as I would not buy a watch based on the hype of others or prestige, but simply what I really want, especially for this kind of money on a luxury item.

Just my 2 cents... :)

Director EDTF · 23 July 2017, 05:47 AM

Great question but it always goes back to the person. I'm not a flipper so I buy what I like. My last purchase was a Rolex Datejust II whit dial with fluted bezel. Not a very sought after model but I love the way it looks.

23 July 2017, 04:20 AM	#1
superdog 2024 Pledge Member Join Date: Oct 2011 Real Name: Seth Location: nj Watch: Omega Posts: 24,696	A Rolex is Not an Investment Full disclaimer, I'm not sure I agree with this. I think in certain instances, it can be a hobby and an investment. But the forum seems to have a consensus. A Rolex is not an investment. Buy what you like. So I'll present this quandry. Possibly the only watch I regret flipping is the YM 116655. I want it back. However, very likely, in the next 30 days I'll have the opportunity to buy a new SS SD. Not interested in spending the money for both. It's one or the other. Both through my trusted AD. I prefer the YM. But I've not yet seen the SD in person so I'm holding out until I get the opportunity. And thinking in terms of money, the YM is a losing proposition. Whereas I can't lose with the SD. I'm not asking for your advice. I'll make my own decision when the time comes. But I do wonder what the consensus would do in my shoes. Go for the one you prefer, or the one that is definitely a better "investment". What would you do? __________________ If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff)

23 July 2017, 05:02 AM	#23
GB-man 2024 Pledge Member Join Date: Nov 2012 Location: USA Watch: addiction issues Posts: 36,860	Try the SD first. Wear it for awhile and make your decision from there. If you love it...great problem solved. If you don't, you'll likely be able to recoup your investment provided you don't wait too long (shouldn't be an issue with you my friend, I know it wouldn't be with me ). __________________

23 July 2017, 04:26 AM	#2
Zakalwe "TRF" Member Join Date: Jun 2017 Real Name: Sal Location: London Posts: 2,496	If I buy a watch I really like without considering it's future value, I'm less likely to want to flip it (I'm not a flipper anyway) so the future value becomes irrelevant. If I buy a watch with one eye to it's "investment potential" then, well the prophesy more than likely fulfils itself.

23 July 2017, 04:27 AM	#3
superstarmar Banned Join Date: Jun 2015 Location: In Motion Watch: my wrist presence Posts: 7,436	SD, as much as I like the RG YM the SS SD is more Versatile... Plus I think it'll told its own ..

23 July 2017, 04:27 AM	#5
Fleetlord "TRF" Member Join Date: May 2013 Location: Vain Posts: 5,918	What are the hard numbers on both watches? If you buy the YM low enough, you will still be ok. It's a ROLEX after all and they are always a wanted watch overall....just some more than others.

23 July 2017, 04:28 AM	#7
lawfor "TRF" Member Join Date: Nov 2013 Posts: 85	I'd go with what I'd enjoy wearing more, even if it is not perhaps as popular. I don't think of them as investments but I do consider how well a watch will hold its value generally - only because I get bored and sometimes decide to sell a piece to get something new. Knowing that, I pay at least some attention to the market value. Sent from my iPhone using Tapatalk

23 July 2017, 04:33 AM	#11
TimeToWatch Banned Join Date: Dec 2013 Location: TRF Watch: Rolex & AP Posts: 1,757	If you want to minimize downside risk, I suggest the SD4000 or going vintage.

23 July 2017, 04:33 AM	#12
lig "TRF" Member Join Date: Jan 2011 Location: PacNW Watch: Enthusiast Posts: 2,605	TRF cliche alert: Get both. Seriously though - you're dollars ahead on the SKD if you don't see it as a keeper and if you love the YM - it's not an investment.

23 July 2017, 04:39 AM	#16
SeaDweller50 "TRF" Member Join Date: Feb 2012 Real Name: Sandy Location: England. Watch: 14060M 2 liner Posts: 3,204	Definitely go with the one you prefer. It'd be the SD for me personally.

23 July 2017, 04:41 AM	#17
levessh "TRF" Member Join Date: May 2008 Location: North Carolina Watch: GMT II BLNR Posts: 40	I would buy the one I really want and smile every time I look at it.

23 July 2017, 04:50 AM	#20
brmeyers "TRF" Member Join Date: Sep 2015 Real Name: Bryant Location: Florida Watch: ...Your Thoughts Posts: 2,171	I agree with others who say if you love the YM, get the YM... Buy from a trusted seller, look for the best price, buy local and in person is my preference, and you will not lose too much if you decided to sell down the road.

23 July 2017, 04:56 AM	#22
red1108nyc 2024 Pledge Member Join Date: Apr 2011 Real Name: Fred Location: NYC/NJ Metro Area Watch: Rolex Posts: 8,499	For me, if I flipped the model once, I will flip it twice and so forth. SkyD, I love the way it looks in the picture and would buy one if it fits my wrist. If it does not feel right later, I will just sell it for a loss.. "not a student of waiting for prices to go down later"

23 July 2017, 05:11 AM	#25
Duey 2024 Pledge Member Join Date: May 2011 Real Name: Duey Location: Maui Watch: Too Many To List Posts: 3,575	Seth - Get the one you love ! period 2 weeks ago I sat next to a guy with a 116655 on my flight and it looked hot. That well be my next PM. I loved it even though I know it will loose value. You can always get a SD if you want it.

23 July 2017, 05:20 AM	#27
Rolex addict Banned Join Date: Oct 2014 Real Name: The Enabler Location: South Cackalacky Watch: me crash my bike Posts: 5,564	That's a tough one. You do flip a lot. How many have you made money on? I know you made bank on the Kermit, but that is a special case. Don't over think it right now. Wait until you see both side by side. The answer may become crystal clear at that point.

23 July 2017, 05:36 AM	#28
CenwulF Banned Join Date: Jun 2016 Real Name: JAKE Location: USA Posts: 24	I don't see buying a watch to be an investment personally as much as time is money, I buy for satisfaction and the YM is definitely satisfying to me. My Thoughts

23 July 2017, 05:42 AM	#29
sampelligrino "TRF" Member Join Date: Sep 2012 Location: USA Posts: 1,049	I think the reason why we are on this forum and so passionate about these awesome watches (and the community) is because of how much we enjoy/love our watches. I'm with the majority that I would never look to watches as an investment (unless we are talking 4 digit Daytonas maybe) and it would, for me at least, take away some of the enjoyment I get out of these watches when I view them not as just something to enjoy, but something in terms of money gained or lost. You seem to indicate (I could totally be wrong) that for the YM 116655, you really enjoyed/regret letting it go/it's tugging at your heartstrings, whereas you are framing the SS SkyD as a "can't lose" financially. To me that makes it very clear the right watch for you is the 116655 and not the SS SkyD as I would not buy a watch based on the hype of others or prestige, but simply what I really want, especially for this kind of money on a luxury item. Just my 2 cents... :)

23 July 2017, 05:47 AM	#30
Director EDTF 2024 ROLEX DATEJUST41 Pledge Member Join Date: May 2011 Real Name: Nelson Location: Central, NJ Posts: 2,432	Great question but it always goes back to the person. I'm not a flipper so I buy what I like. My last purchase was a Rolex Datejust II whit dial with fluted bezel. Not a very sought after model but I love the way it looks.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)