ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

aaron123 · 10 October 2013, 01:32 AM

Personally I can't see any reason to have a watch like this you can't wear. None of my watches were bought as investments. I see my watch collecting as a hobby. Investments for retirement, future, etc. are an entirely different thing. If you don't see yourself wearing it soon, I would sell.

SLS · 10 October 2013, 01:45 AM

I also have a BNIB LV that I am saving....but for a different reason. My son loves the LV that I wear, so when I heard they were going to change, I picked one up from DavidSW. I'm not sure when I'm going to give it to him, maybe after her graduates from college or when he gets married. Although, If I could double my money, I would seriously think about selling it and give him mine that I have been wearing.
Scott

Rolexitis · 10 October 2013, 01:52 AM

I'd keep it. Do you have children or maybe another young family member that you would enjoy passing it to down the road?

gr33n · 10 October 2013, 05:18 AM

Quote:

Originally Posted by SLS

I also have a BNIB LV that I am saving....but for a different reason. My son loves the LV that I wear, so when I heard they were going to change, I picked one up from DavidSW. I'm not sure when I'm going to give it to him, maybe after her graduates from college or when he gets married. Although, If I could double my money, I would seriously think about selling it and give him mine that I have been wearing.
Scott

Wait at least 25 years old. When he gets married is a wonderful project! (I am 30yo and that would have pleased me.. the more you wait, the more he will be pleased)

watchnut73 · 10 October 2013, 05:58 AM

Keep it

BaltimoreBrian · 10 October 2013, 07:44 AM

Doubling your money is a great thing and I would have no way of telling how much more of an increase you can get if you would continue to hold on to it.

If you were looking to make another purchase, needed the money to go toward the new purchase and had a buyer lined up, I would sell.

But if you are having heartburn just thinking about selling it, then don't do it until you are ready. Just keep it

JohnFM · 10 October 2013, 07:49 AM

Pretty simple really. Keep it if you don't need the money or enjoy knowing it's there. Sell if neither is true ... or if you live in a dangerous neighborhood ;-)

Freedom fighter · 10 October 2013, 01:51 PM

£5700 is a fantastic price. I can't see them creeping up much past this to be fair. I just sold my "y" series from 2003 from £5800, granted it wasn't stickered but it was much rarer than yours. Id say sell it and enjoy the one you wear. If you think it's going to go up 25,50 100 per cent in next few years from £5700 I just can't see it. You can still pick up used LVs for £4k privately so a stickered set to me is probably nudging £5k tops. eBay, dealer etc £5700 is really good if you can achieve it. Take it and run.

XZACM102 · 10 October 2013, 02:15 PM

Unless you want to keep it for the next 50 years in the same condition, sell it.

Ardalan · 10 October 2013, 06:34 PM

Let it go

WARVET · 10 October 2013, 07:48 PM

Thought I would like the LV but green just wasn't for me so I traded it for a lady Yachtmaster for the wife. No regrets

Racerdj · 10 October 2013, 08:20 PM

I would sell it if you find something else that you would wear and enjoy.

Tri-National-Man · 15 October 2013, 07:57 PM

Thank you all for your contributions and advice. Yesterday I decided to sell it for the cash offer of £5600 + £80 towards my train fare. Buyer will be removing case stickers and wearing it...One less BNIB LV now...
This is the watch that my buyer had on...It is steel and cost him £29.000!

Tri-National-Man · 15 October 2013, 08:03 PM

By the way - I worked out this statistic - For the 59 months that I had this BNIB LV in my drawer, it went up in value at a rate of £44.91p/month - Better interest than cash in the bank!

Soly20 · 15 October 2013, 08:11 PM

Wear it or sell it.

Johny · 15 October 2013, 08:15 PM

Quote:

Originally Posted by Tri-National-Man

By the way - I worked out this statistic - For the 59 months that I had this BNIB LV in my drawer, it went up in value at a rate of £44.91p/month - Better interest than cash in the bank!

Gaijin · 15 October 2013, 09:00 PM

Quote:

Originally Posted by Tri-National-Man

By the way - I worked out this statistic - For the 59 months that I had this BNIB LV in my drawer, it went up in value at a rate of £44.91p/month - Better interest than cash in the bank!

That is awesome and congratulations on your decision.

gpfps · 15 October 2013, 09:10 PM

I feel this way years ago you plotted down some cash and bought a watch that never was worn or enjoyed. Right there in my eye is a waist of money. So any profit you make now is not really profit. Does that make sense ? I don't know.

Gaijin · 15 October 2013, 09:14 PM

Quote:

Originally Posted by gpfps

I feel this way years ago you plotted down some cash and bought a watch that never was worn or enjoyed. Right there in my eye is a waist of money. So any profit you make now is not really profit. Does that make sense ? I don't know.

Not really. He made money so that is profit right? He enjoyed owning it, taking it out once in awhile for a look and knowing it was there if he ever needed to sell it for something else.

Casey VP-26 · 15 October 2013, 09:23 PM

Very Interesting Thread.

Cc1966 · 15 October 2013, 09:58 PM

Quote:

Originally Posted by gpfps

I feel this way years ago you plotted down some cash and bought a watch that never was worn or enjoyed. Right there in my eye is a waist of money. So any profit you make now is not really profit. Does that make sense ? I don't know.

I don't get it...Profit=Profit and he enjoyed the watch those years in his own way.

Tri-National-Man · 16 October 2013, 01:07 AM

Quote:

Originally Posted by Gaijin

Not really. He made money so that is profit right? He enjoyed owning it, taking it out once in awhile for a look and knowing it was there if he ever needed to sell it for something else.

Yeah!!! Thank you Gaijin!!!

Tri-National-Man · 16 October 2013, 01:14 AM

Well the LV freed up some cash so I bought this one today for a good price...
1968 Datejust Ref 1601, "taupe" coloured pie pan dial..

Cc1966 · 16 October 2013, 01:15 AM

Congrats and enjoy!

Tri-National-Man · 16 October 2013, 01:19 AM

Quote:

Originally Posted by Cc1966

Congrats and enjoy!

Its not a keeper, but I will enjoy selling it at a small profit..

Gaijin · 16 October 2013, 01:22 AM

Yowza! Nicely done Shaun!

10 October 2013, 01:45 AM	#32
SLS "TRF" Member Join Date: Aug 2006 Real Name: Scott Location: GMT -7 Watch: GMT's & Sub's Posts: 10,399	I also have a BNIB LV that I am saving....but for a different reason. My son loves the LV that I wear, so when I heard they were going to change, I picked one up from DavidSW. I'm not sure when I'm going to give it to him, maybe after her graduates from college or when he gets married. Although, If I could double my money, I would seriously think about selling it and give him mine that I have been wearing. Scott __________________ "The bitterness of poor quality remains long after the sweetness of lower price is forgotten." -Benjamin Franklin Member No. 922

10 October 2013, 06:34 PM	#40
Ardalan "TRF" Member Join Date: Jul 2012 Location: Canada Posts: 482	Let it go __________________ My Collection: -Rolex White SS Daytona -Rolex Submariner no-date -Omega Speedmaster Moon Watch -Omega Seamaster Professional

10 October 2013, 08:20 PM	#42
Racerdj 2024 Pledge Member Join Date: Apr 2013 Location: Indianapolis Watch: Patek-Philippe Posts: 16,832	I would sell it if you find something else that you would wear and enjoy. __________________ Rolex and Patek Philippe

16 October 2013, 01:15 AM	#54
Cc1966 "TRF" Member Join Date: Aug 2013 Real Name: Christopher Location: Georgia, USA Watch: ing the Sea... Posts: 6,713	Congrats and enjoy! __________________ "I wish to have no Connection with any Ship that does not Sail fast for I intend to go in harm's way." Captain John Paul Jones, 16 November 1778 "*Curmudgeons* " Favorites: 1665 SD, Sub Date, DSSD, Exp II, Sub LV, GMTIIc

10 October 2013, 01:32 AM	#31
aaron123 "TRF" Member Join Date: Mar 2011 Location: Louisiana Posts: 306	Personally I can't see any reason to have a watch like this you can't wear. None of my watches were bought as investments. I see my watch collecting as a hobby. Investments for retirement, future, etc. are an entirely different thing. If you don't see yourself wearing it soon, I would sell.

10 October 2013, 01:52 AM	#33
Rolexitis "TRF" Member Join Date: May 2008 Real Name: Matt Location: Earth Watch: 114060 Posts: 3,203	I'd keep it. Do you have children or maybe another young family member that you would enjoy passing it to down the road?

10 October 2013, 05:58 AM	#35
watchnut73 "TRF" Member Join Date: Aug 2007 Location: uk Watch: daytona Posts: 219	Keep it

10 October 2013, 07:44 AM	#36
BaltimoreBrian "TRF" Member Join Date: Jun 2011 Real Name: Brian Location: Towson, MD Watch: iZ Posts: 2,219	Doubling your money is a great thing and I would have no way of telling how much more of an increase you can get if you would continue to hold on to it. If you were looking to make another purchase, needed the money to go toward the new purchase and had a buyer lined up, I would sell. But if you are having heartburn just thinking about selling it, then don't do it until you are ready. Just keep it

10 October 2013, 07:49 AM	#37
JohnFM "TRF" Member Join Date: Aug 2011 Location: northern CA USA Watch: 114270 Explorer Posts: 477	Pretty simple really. Keep it if you don't need the money or enjoy knowing it's there. Sell if neither is true ... or if you live in a dangerous neighborhood ;-)

10 October 2013, 01:51 PM	#38
Freedom fighter Member Join Date: Aug 2011 Real Name: Bill Location: London Watch: SS yachtmaster Posts: 202	£5700 is a fantastic price. I can't see them creeping up much past this to be fair. I just sold my "y" series from 2003 from £5800, granted it wasn't stickered but it was much rarer than yours. Id say sell it and enjoy the one you wear. If you think it's going to go up 25,50 100 per cent in next few years from £5700 I just can't see it. You can still pick up used LVs for £4k privately so a stickered set to me is probably nudging £5k tops. eBay, dealer etc £5700 is really good if you can achieve it. Take it and run.

10 October 2013, 02:15 PM	#39
XZACM102 "TRF" Member Join Date: Nov 2008 Real Name: Martin Location: CA Posts: 378	Unless you want to keep it for the next 50 years in the same condition, sell it.

10 October 2013, 07:48 PM	#41
WARVET "TRF" Member Join Date: Jul 2010 Real Name: Vincent Location: Louisiana Watch: 16710 Coke Posts: 448	Thought I would like the LV but green just wasn't for me so I traded it for a lady Yachtmaster for the wife. No regrets

15 October 2013, 08:03 PM	#44
Tri-National-Man "TRF" Member Join Date: Dec 2008 Real Name: Shaun Location: Devonshire Watch: SubND/D/LV Posts: 648	By the way - I worked out this statistic - For the 59 months that I had this BNIB LV in my drawer, it went up in value at a rate of £44.91p/month - Better interest than cash in the bank!

15 October 2013, 08:11 PM	#45
Soly20 2024 Pledge Member Join Date: May 2012 Real Name: Soly Location: UK/US Watch: Rolex, AP, PP Posts: 3,089	Wear it or sell it.

15 October 2013, 09:10 PM	#48
gpfps Banned Join Date: Aug 2008 Real Name: George Location: Detroit Michigan Watch: 18078 Posts: 1,142	I feel this way years ago you plotted down some cash and bought a watch that never was worn or enjoyed. Right there in my eye is a waist of money. So any profit you make now is not really profit. Does that make sense ? I don't know.

15 October 2013, 09:23 PM	#50
Casey VP-26 "TRF" Member Join Date: Jun 2009 Location: America Posts: 2,671	Very Interesting Thread.

16 October 2013, 01:22 AM	#56
Gaijin 2024 ROLEX DATEJUST41 Pledge Member Join Date: Feb 2007 Location: Japan Watch: ing your back. Posts: 16,181	Yowza! Nicely done Shaun!

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