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29 July 2010, 09:10 AM | #31 |
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Join Date: Mar 2010
Location: US
Posts: 1,158
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29 July 2010, 08:27 PM | #32 |
Member
Join Date: Apr 2010
Real Name: James
Location: Patong
Watch: Rolex Sub 2010
Posts: 15
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I have found that the only way to evaluate a watch is to buy it and wear it. Not exactly cheap as I have lost around 60 % on every watch I sold within a month or a couple of years of purchase. I have enjoyed every one to an extent but in the end they just did not jell for me.
On two occasions, back in my poor days I sold from necessity after a few years and managed to get about 70% of my purchase price back., 1 Rolex sub and 1 Omega. the Omega bought in 1975 for 220 pounds, a solid 9ct gold Deville, which I sold for 150 pounds in 78, but I needed the money more than I needed the watch. anyway after years of IWCs, Omegas, Tissots, Ulysse Nardin, I have returned to my true love, I have a New Rolex Sub with ceramic bezel and I cannot see me ever selling it. The same is true of my UN although I rarely wear it these days. Living in the tropics I find that a leather or rubber band causes sweat rashes on my wrist, but metal conducts the heat away and I get no problem. All in all, sometimes I find that the cost of getting rid of these watches amounts to more than the cost of acquisition. Can anyone think of anything else in life that might apply to? |
29 July 2010, 08:59 PM | #33 |
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Join Date: Jul 2010
Real Name: Pradeep
Location: In a crazy world!
Watch: Rolex Day Dates
Posts: 265
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haha.. Hmmm.. let me see.. getting a wife? ;)
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30 July 2010, 12:40 PM | #34 |
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Join Date: May 2010
Real Name: Dan
Location: USA
Watch: This N That
Posts: 34,251
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I agree with Jib. When I put one of my Rolex's on, it's a mood changer. Or at least it helps to make me feel better. I like it everytiime I put one on, and everytime I check the time.
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When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
31 July 2010, 09:20 AM | #35 |
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Join Date: Mar 2010
Real Name: john
Location: Scotland
Watch: sub 16610Lv
Posts: 13,523
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"AFTER DARK" BAR AND NIGHT CLUB GM. |
2 August 2010, 05:43 PM | #36 | |
Member
Join Date: Oct 2005
Real Name: David
Location: Sandy Springs, Ga
Watch: GMT II, new Subbie
Posts: 937
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Quote:
2009 Sub Date, since the economy was in the dump at this time, i got it new from my AD for $4500.00 instead of the $6000.00 MSRP, and I believe it's worth north of $5000.00 now, so both have gone up in value. I have NEVER lost money buying and selling a Rolex, but I always stay away from any model with gold, or Exp. II's. David |
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6 August 2010, 12:38 AM | #37 |
Member
Join Date: Feb 2010
Real Name: J.
Location: Montreal
Watch: Speedmaster Pro
Posts: 232
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I'd say that out of all companies in this price bracket, Rolex is the most sound investment of all. Values hold steady, appreciation often occurs on popular models, and they have a proven track record of being good long-term investments (all of this applies to stainless steel sport models and the odd SS dress model. It does not apply to TT or gold, those are money pits). Values across the world are very comparable as well. If you look at any other brand in this price bracket (or higher) you'll find that depreciation is much worse and collectible/vintage pieces don't command nearly as high prices.
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