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25 September 2019, 01:22 PM | #1 |
"TRF" Member
Join Date: Sep 2019
Location: Middesbrough
Posts: 1
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Guide to buying/investing in watches?
Hi guys I'm really new wanting to know more about how and why watch prices fluctuate. Not sure on which Rolex model to purchase but love the Daytonas.
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25 September 2019, 10:29 PM | #2 |
2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Jun 2018
Real Name: Jonathan
Location: Texas
Watch: @Escapementt
Posts: 9,844
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Welcome to the forums. Get the watch you want and do not focus on the "investment" aspect of the watch.
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25 September 2019, 10:34 PM | #3 |
Banned
Join Date: May 2014
Real Name: John
Location: La Jolla, CA
Watch: Platona
Posts: 12,194
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You are better off investing in the stock market. Only buy a watch you love. It may or may not go up in value over the years. If people knew for sure they would all be rich. Looking back at the one successful modern watch and buying it for investment is a logical fallacy called cherry-picking. We cannot foretell the future.
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25 September 2019, 10:42 PM | #4 | ||
"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
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Quote:
Quote:
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Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
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25 September 2019, 11:08 PM | #5 |
"TRF" Member
Join Date: Feb 2013
Location: London
Posts: 1,365
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Take your time and only buy what you love with money can afford to flush down the toilet. Rolex generally hold value pretty well, but if you NEED to sell one in the future then unless if is for some isolated personal reason you can bet that there will be LOADS of others trying to sell at the same time. At that point they are terrible investments and pretty illiquid without having a steep discount to market prices.
Watches are jewellery to be bought with money you don't need and enjoyed for illogical reasons. Stocks, bonds, ETFs, property etc are for investment. Sent from my Pixel 3 using Tapatalk
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Once you aquire your "grail"... then what?! |
25 September 2019, 11:15 PM | #6 |
"TRF" Member
Join Date: Jan 2016
Real Name: Brian
Location: Kentucky
Watch: 116610LN
Posts: 2,032
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Buy a 6263 for 50k. That'd be a good investment.
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26 September 2019, 12:56 PM | #7 |
"TRF" Member
Join Date: Jul 2016
Real Name: Allan
Location: Little Red Dot
Watch: Still Looking....!
Posts: 3,899
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Welcome~~
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26 September 2019, 10:05 PM | #8 |
"TRF" Member
Join Date: Oct 2012
Location: NYC
Watch: Me now
Posts: 19,349
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Welcome
Sent from my iPhone using Tapatalk |
26 September 2019, 10:07 PM | #9 |
"TRF" Member
Join Date: Feb 2014
Location: Brasil
Posts: 1,763
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Welcome!
Buy a watch you love... |
28 September 2019, 04:19 PM | #10 |
TechXpert
Join Date: May 2012
Location: Earth
Posts: 23,597
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Welcome
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30 September 2019, 01:38 PM | #11 |
"TRF" Member
Join Date: Sep 2013
Real Name: Alex
Location: Europe
Watch: AP
Posts: 5,252
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Welcome
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4 October 2019, 02:59 PM | #12 |
"TRF" Member
Join Date: Oct 2019
Location: Vancouver, CAN
Posts: 13
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Hello
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13 October 2019, 09:20 PM | #13 |
2024 Pledge Member
Join Date: May 2018
Location: USA
Watch: P A T E K
Posts: 4,706
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Welcome
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A. Lange & Sohne | Audemars Piguet | F.P.Journe | Omega | Patek Philippe | Rolex | Tudor | ...and Othersss |
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