Is An All Gold Watch Worth the Price?

[VicLeChic]

I've never tried gold, not sure I'd be 100% comfortable as I'm a bit of an introvert at first. I need time to fully warm up, then I'm unstoppable ! Lol.

I don't wear my YM plat dial very often for that reason despite it's not even full plat. However, the days I feel like wearing it I thoroughly enjoy it. So I guess I might feel the same with full PM, not an everyday watch.

Won't know till I try one at the AD the day I'm ready to take the plunge. Could be a revelation, who knows. I'm planning it for the day I turn 50. I have seven years to mature.

[joli160]

Originally Posted by VicLeChic

I've never tried gold, not sure I'd be 100% comfortable as I'm a bit of an introvert at first. I need time to fully warm up, then I'm unstoppable ! Lol.

I don't wear my YM plat dial very often for that reason despite it's not even full plat. However, the days I feel like wearing it I thoroughly enjoy it. So I guess I might feel the same with full PM, not an everyday watch.

Won't know till I try one at the AD the day I'm ready to take the plunge. Could be a revelation, who knows. I'm planning it for the day I turn 50. I have seven years to mature.

Don't wait that long Victor

[jrs146]

Originally Posted by watchwatcher

OK, how about we put it another way.



I see some fantastic steel collections on here...simply amazing. Some of them are probably pushing or have long passed 100k in worth. So let's take 100k for a nice round number. If someone has 8, 10, 12 pieces that are collectively worth about 100k and enjoys them, who can say anything disparaging about that. (Well, maybe their wives, but that's a different topic )



Same scenario, some guy has 4 pieces worth the same amount, and he enjoys the heck out of that collection. Why is it so hard for some to grasp that it's just as OK for some guy to be happy with 4 pieces as someone who is happy with 10?



I don't get it.

Well put. Everything is relative and most people view other people’s perspective based through the filter of their own relativity (ok somehow I think just maybe that makes sense).

For example 99% of the world would think it’s crazy to pay $10,000 for one steel watch. The weight of the stainless steel surely isn’t valued at 10k.

Some folks would find it silly to wear a watch at all considering just about everyone carries a cell phone.

Heck while we are on cell phones is the iPhone X worth hundreds more than the iPhone 8?

Fruit Loops or Great Value Fruit Spin cereal??

Ok so for real now. Personally... everything is worth what you’re willing to pay. If you’re willing to pay hopefully you get the value out of it that you need to justify the purchase


Sent from my iPhone using Tapatalk

[datejustrms]

I'm hoping to add a YG DD at some point. To be able to get one for under $30k I think is well worth it. Something special about a gold Rolex.

[watchwatcher]

Originally Posted by kilyung

It should be enough that we all enjoy our respective watch choices and appreciate each other’s love of watches.

Indeed it should.

[JacksonStone]

Originally Posted by kilyung

Love it! You’re trying to prove causality with correlation. Did you ever happen to take a psych or stats class? Have you ever seen the demonstrable correlation between the number of people that have drowned in a pool vs the number of movies Nicholas Cage has appeared in? Or maybe the divorce rate in Maine vs per capita consumption of margarine in the US?

It's a well known fact that Nic Cage movies cause drowning. I heard it from a Rolex employee while poolside at Caesars.

[JacksonStone]

Originally Posted by Bigblu10

Both can be had from sellers here in the 23-26K range depending on new or gently used. Only fools pay MSRP for PM Subs.

I get that. It's just that OP cited the SS Sub's MSRP, but the unqualified price of the PM version. In general, when people talk about the "price" of PM models, is it to be understood they're referring to what they can be bought for, rather than MSRP? Knowing that will help me keep my OCD in check.

[Twisted Vicar]

Originally Posted by JacksonStone

Are the PM cases carved out just in the center, or are the lugs carved out too?

The lugs are solid but there is a slight recess in the case where the end links meet the case.

I'll posr up a picture when I have enough posts.

[rossi46]

Originally Posted by watchwatcher

If you're a member of this forum you've already made the insanely illogical jump that a wristwatch is worth thousands of dollars. How can you defend or describe that to the vast majority of the population who thinks that $200 is too much to pay for a watch? You can't.

I've long been on the record that none of these watches are "worth it" - especially the one on my wrist

It's a conscious decision to spend way beyond any reasonable profit margin the manufacturer could take due to my own personal worldly desires.

[SearChart]

Originally Posted by Twisted Vicar

The lugs are solid but there is a slight recess in the case where the end links meet the case.

I'll posr up a picture when I have enough posts.

I posted a few pictures of several cases

This is the bit between the lugs you were referring to

[JUSTIFIED]

Originally Posted by dthiss

220 grams of gold is not $700 it is more like $10,500. 220 grams is ~7.7oz @ $1350/oz = $10,395

Thanks. My mistake. I looked up SS prices, which were in pounds and totally failed to realize that gold is priced in ounces when doing the math ($700 seemed low... LOL). Just further proves the point about the value prop of PM vs. SS if we're only talking about the cost of materials used.

[peterpl]

Lets not beat around the bush here. PM Rolex's are high end luxury items that are usually worn by wealthy people. You need to pay up to be part of the exclusivity club.

Is it worth it? In terms of bang for buck and gold content absolutely not when there are $50 dollar watches that will keep time better.

But is any luxury item worth it? I dont think so. That's why these are usually purchased with play & f**k you money.

Why do you have a PM Rolex? Because I can!!! LOL

[Twisted Vicar]

Originally Posted by SearChart

I posted a few pictures of several cases

This is the bit between the lugs you were referring to

No, I mean on the outside of the case, between the lugs.

[dob1]

Everyone has different reasons why they get a PM watch. Some of us want it to be blingy yelllow gold, some of us prefer the more muted white gold, or the exclusive platinum model. Others only want to have 'more heft' with a particular bezel/dial combo that is not available in the SS models and they are able to pay up.

And then there are those who buy a PM watch because an expense between $30,000 and $60,000 does not really register on their expense report. So you got everything between the ones who save several years to be able to afford a PM Rolex with a lot of sacrifice, to people who go into an AD and say 'Please give me the GMT with the Pepsi bezel, because I like that color combination. Here is my Amex Centurion card. Oh, that's heavy. It's made of white gold you say?'

It could be 'worth' for all of those cases. What you have to keep in mind is that whatever the jump from SS to PM is, you can spend a LOT more money on more complex and exclusive watches. At that point the whole question will repeat itself. For example, does it make sense to get a steel watch from Patek Philippe when you can get a PM Rolex for the same price? Well, it kinda depends on what you want and how much money is at your disposal.

Another fun thing to think about is that when you are at the level that you don't really think that hard about buying a Patek or PM Rolex anymore, watches are most likely an object of investment and they are paired with very expensive cars, real estate, boats, and so on. I know somebody who pays $45,000 to fuel up his boat where a staff of 25 people is paid the year around to keep it available whenever he wants to take a cruise.

Who is asking the question is sometimes as important as the answer.

[BawlaDK]

In general – No….But there are a few instances where I would consider a PM Rolex a better buy than a steel equivalent…. Namely the Daytona. With the premiums being charged for the new 116500, I for one would much rather go for a 116509 which can be found at the same price or perhaps slightly more…

[Andad]

Originally Posted by Tangier11

I got to put my two cents in here. HELL YES they are worth it! If a SS watch is worth $10,000 plus then why not $30K for an 18K Gold one. If all this bothers you perhaps you should be looking at a non luxury brand.

I am in the car business and I love car analogies so.....A Chevy Suburban weighs I dont know two or three times what a Bugatti Veyron weights. The Chevy is about $60,000 and the Bugatti is about 2 mil

But to be fair you have to buy $1940000 worth of coolant for the Veyron.....

[Twisted Vicar]

Originally Posted by Twisted Vicar

No, I mean on the outside of the case, between the lugs.

This is what I was trying to convey

[RollieRoll]

Originally Posted by JacksonStone

^^If I ever were to go for a PM Rolex, that would be the one. I love my 116610LN, but in the middle of a Portland winter (read: grey and depressing), some warm, saturated color on my wrist sounds really appealing.

Your sub is indeed a classic, it's the perfect watch. But the YG is beautiful as well. Hope you get one one day, my friend.20171229_085449~2.jpg

[jazznpool]

Its a luxury item. Everyone has to decide for themselves whether the watch is worth the price to them. Lot of factors can affect this decision including the depth of your resources. I thought so when I bought new from grey dealer at a substantial savings (Gold GMT II) last year. At a different time in my life I would not have thought so.

Originally Posted by pilotjim

I've only done some very minor calculations, but it seems that all gold watch, let's say a Submariner, is much more expensive than a SS version, and at the same time, the value of the gold itself does not seem to match the higher price.

For example, msrp for a SS Sub Date is 8,550. But a gold Sub Date is like 26k. I don't think there is 17k worth of gold in that watch, is there? Maybe 8-10k at most. Is the gold just harder to work with? What else might account for the price difference?

[JacksonStone]

Originally Posted by RollieRoll

Your sub is indeed a classic, it's the perfect watch. But the YG is beautiful as well. Hope you get one one day, my friend.Attachment 925072

Thank you. It's beautiful.

[Runnin' Rebel]

Originally Posted by SearChart

The feel of solid gold & platinum is amazing

*brb: selling my kidney*

Great picture Bas.. beautiful

Ugg..
To bad no WG on this

[SearChart]

Originally Posted by Runnin' Rebel

Great picture Bas.. beautiful

Ugg..
To bad no WG on this

It's not subtle