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Sean.c · 11 July 2012, 04:47 AM

I've considered selling my 16610 to fund a purchase of a sub c but I'm wondering 10 years down the line will the value of my 16610 increase enough in price to keep for another decade? I know it was a very popular watch and very common but will it ever become 'collectable' or will it take 50-100 years for that to occur. I've also thought about keeping the 16610 as a daily beater as it's such an enjoyable watch to wear. Maybe one day pass on too my future kids! What do you guys think?

mannyv11 · 11 July 2012, 04:50 AM

I dont ever see the 16610 becoming collectible. There are just way to many of them out there in all honesty. There is also nothing wrong with selling it to purchase a sub C and letting that be your daily beater watch that you can then give to one of your children later on in life.

Aventura · 23 August 2013, 09:18 AM

Quote:

Originally Posted by mannyv11

i dont ever see the 16610 becoming collectible. There are just way to many of them out there in all honesty. There is also nothing wrong with selling it to purchase a sub c and letting that be your daily beater watch that you can then give to one of your children later on in life.

agree!!

springer · 8 December 2013, 02:01 AM

Quote:

Originally Posted by mannyv11

I dont ever see the 16610 becoming collectible. There are just way to many of them out there in all honesty. There is also nothing wrong with selling it to purchase a sub C and letting that be your daily beater watch that you can then give to one of your children later on in life.

deleted

esm · 11 July 2012, 04:51 AM

very difficult to say - with the ever increasing interest of Rolex world-wide..... who knows.
the 1610LV may have a slight edge over the normal 16610.

im sure Peter (Padi56) will share his views of this topic very soon.

Sean.c · 11 July 2012, 04:55 AM

I think in 50 years the anniversary sub will become highly collectable just like the red subs as there aren't as many! I just find them ugly! If I ever received a good deal on an lv I think I would take it. What's the cheapest they go for these days? I think I love my 16610 too much to let go will just see how I feel once I've gotten my sub c in September !

versatile1 · 23 August 2013, 04:30 PM

Quote:

Originally Posted by Sean.c

I think in 50 years the anniversary sub will become highly collectable just like the red subs as there aren't as many! I just find them ugly! If I ever received a good deal on an lv I think I would take it. What's the cheapest they go for these days? I think I love my 16610 too much to let go will just see how I feel once I've gotten my sub c in September !

Difference is, the red sub was never bought by anyone saying it was going to be a collectible one day.
They were bought, worn and worn some more.
There are few around now because of service dials and what have you but they are rare(r) because no one gave them a thought when they were new.

Today, everything is going to be a collectible! Don't wear it! Keep the stickers on it! Put it away for 20 years! LV a collectible! Daytona a collectible! M serial GMT a collectible.

What we have is a generation that will grow old with mint condition watches.
No collectibles here.

Sorry

padi56 · 24 August 2013, 01:42 AM

Quote:

Originally Posted by versatile1

Difference is, the red sub was never bought by anyone saying it was going to be a collectible one day.
They were bought, worn and worn some more.
There are few around now because of service dials and what have you but they are rare(r) because no one gave them a thought when they were new.

Today, everything is going to be a collectible! Don't wear it! Keep the stickers on it! Put it away for 20 years! LV a collectible! Daytona a collectible! M serial GMT a collectible.

What we have is a generation that will grow old with mint condition watches.
No collectibles here.

Sorry

Trouble today with quite a few on forum Rolex are no longer watches to buy and wear and enjoy, they are seen as nothing more than $$$$$£££££.

rmurphy · 7 December 2013, 09:17 PM

Quote:

Originally Posted by padi56

Trouble today with quite a few on forum Rolex are no longer watches to buy and wear and enjoy, they are seen as nothing more than $$$$$£££££.

I was doing some searching and reading this morning and ran across this thread. I'm not informed enough to know anything of value down the road or collectibility I do know this though. My P Serial 16610 with lug holes and a SEL 93250 is the hands down sexiest watch to me. I went to my local AD not long ago and tried on the new ceramic subs, date and non date and put them next to mine and put a lot of real thought into what sang to me and I have to say..... My watch still sings to me more.

Sent from my iPhone using Tapatalk

MaxCargo · 24 August 2013, 07:19 PM

Today, everything is going to be a collectible! Don't wear it! Keep the stickers on it! Put it away for 20 years! LV a collectible! Daytona a collectible! M serial GMT a collectible.

What we have is a generation that will grow old with mint condition watches.
No collectibles here.

Sorry[/QUOTE]

kier333 · 8 December 2013, 03:30 AM

Quote:

Originally Posted by versatile1

Difference is, the red sub was never bought by anyone saying it was going to be a collectible one day.
They were bought, worn and worn some more.
There are few around now because of service dials and what have you but they are rare(r) because no one gave them a thought when they were new.

Today, everything is going to be a collectible! Don't wear it! Keep the stickers on it! Put it away for 20 years! LV a collectible! Daytona a collectible! M serial GMT a collectible.

What we have is a generation that will grow old with mint condition watches.
No collectibles here.

Sorry

I totally agree with your statement. I think it's really sad when people purchase watches and leave them locked away in the hope they will increase in value and make a large windfall.
The way I see it is simple, buy a watch you like and wear it, if in time it increases in value then great, if not then so what for the past how ever long it has told you the time.

springer · 11 July 2012, 05:04 AM

With inflation and Rolex price increases, your 16610 Submariner should retain its value fairly well. From my past experience from collecting Rolexes the last 20 years, I'd expect about an 7%-10% adjusted value per year for your Submariner. If it is currently valued at $4,000, it could easily be worth $7,500 or more in 10 years. I've seen some models double in value in as little as five years. As far as it being collectable in the future, only time will tell. I'd hold on to the 16610 for now and pass on the ceramic Submariner.

azguy · 11 July 2012, 05:19 AM

Didn't you just buy that 16610 like 2 weeks ago...

I don't think it will ever be collectable or worth more than it is today....IMHO

Sean.c · 11 July 2012, 05:27 AM

Quote:

Originally Posted by azguy

Didn't you just buy that 16610 like 2 weeks ago...

I don't think it will ever be collectable or worth more than it is today....IMHO

Well.... If you consider the current sub is worth 1000 dollars more now then it was worth in 2010 at it's release and it will keep on rising I think the 16610 will slowly rise along with it even if not by that much. People with less money would be willing to save 2000 dollars on a pre owned to obtain an almost similar looking watch. So I think if the sub c rose to a price of 10,000 the 16610 could cost about 7000 then?

padi56 · 11 July 2012, 06:25 PM

Quote:

Originally Posted by Sean.c

Well.... If you consider the current sub is worth 1000 dollars more now then it was worth in 2010 at it's release and it will keep on rising I think the 16610 will slowly rise along with it even if not by that much. People with less money would be willing to save 2000 dollars on a pre owned to obtain an almost similar looking watch. So I think if the sub c rose to a price of 10,000 the 16610 could cost about 7000 then?

Thats mainly because of inflation and price rises in real terms would doubt if the real value has increased by a huge amount.And why is it today that Rolex watches too some are thought of as little more than ££££$$$$ signs.

springer · 11 July 2012, 11:22 AM

Quote:

Originally Posted by azguy

Didn't you just buy that 16610 like 2 weeks ago...

I don't think it will ever be collectable or worth more than it is

today....IMHO

16710's were $3000 about four years ago!!! It will be worth substantially more in four more years!

Sean.c · 11 July 2012, 05:22 AM

Quote:

Originally Posted by springer

With inflation and Rolex price increases, your 16610 Submariner should retain its value fairly well. From my past experience from collecting Rolexes the last 20 years, I'd expect about an 7%-10% adjusted value per year for your Submariner. If it is currently valued at $4,000, it could easily be worth $7,500 or more in 10 years. I've seen some models double in value in as little as five years. As far as it being collectable in the future, only time will tell. I'd hold on to the 16610 for now and pass on the ceramic Submariner.

Yeah your probably right better to hold onto it. Even if it doesn't increase in price I'll more then likely get my money's worth back down the line.

Aventura · 23 August 2013, 09:23 AM

Quote:

Originally Posted by springer

With inflation and Rolex price increases, your 16610 Submariner should retain its value fairly well. From my past experience from collecting Rolexes the last 20 years, I'd expect about an 7%-10% adjusted value per year for your Submariner. If it is currently valued at $4,000, it could easily be worth $7,500 or more in 10 years. I've seen some models double in value in as little as five years. As far as it being collectable in the future, only time will tell. I'd hold on to the 16610 for now and pass on the ceramic Submariner.

All very nice in theory but in reality it does not happen. Only if you buy used from a private, and then be lucky enough to find an individual who will buy it. How many times can that happen?

brian8121 · 11 July 2012, 05:23 AM

I think they'll hold value well, but I don't see the 16610 becoming extremely collectible. There are just sooooo many of them out there. Maybe in a few decades they'll be a bit harder to source. I think the 16610LV may do ok, but again, a lot out there (relative to a Red Sub).

Sean.c · 11 July 2012, 05:28 AM

Quote:

Originally Posted by brian8121

I think they'll hold value well, but I don't see the 16610 becoming extremely collectible. There are just sooooo many of them out there. Maybe in a few decades they'll be a bit harder to source. I think the 16610LV may do ok, but again, a lot out there (relative to a Red Sub).

If there was one sub to have... Would it be a red sub?

brian8121 · 11 July 2012, 05:49 AM

Quote:

Originally Posted by Sean.c

If there was one sub to have... Would it be a red sub?

If it were me, price not an issue, it would be a mint mil sub or maybe a comex dial sub. Something crazy like that.

But if you're talking about a daily wear modern sub, i'd go with a the 16610LV. With the maxi-dial and lines that are more classical than a Sub-C, it's a great mesh of modern/traditional. Plus you can swap out the bezel insert. JMHO

Sean.c · 11 July 2012, 05:51 AM

Quote:

Originally Posted by brian8121

If it were me, price not an issue, it would be a mint mil sub or maybe a comex dial sub. Something crazy like that.

But if you're talking about a daily wear modern sub, i'd go with a the 16610LV. With the maxi-dial and lines that are more classical than a Sub-C, it's a great mesh of modern/traditional. Plus you can swap out the bezel insert. JMHO

Your right I never thought about changing bezels! In this day and age what is the most rare sub? The comex?

MortgageGuy · 11 July 2012, 06:44 AM

Cannot see any modern day Rolex every becoming collectible. All that happened was a refresh and there are millions of 16610's out there today... Hold its value-YES... Appreciate like crazy or ever be collectible-NO IMO

Keep in mind the price of the 116610 will continue to rise and more than likely at a higher % thank your 16610 will appreciate. That being the case today may be the cheapest day if you will to trade up to the new 116610...

brian8121 · 11 July 2012, 06:49 AM

Maybe a white-dial 6204? Supposedly only one in existence. If you mean modern Sub post year 2000, I'd guess it would have to be the 16610LVs or at least they will be once the 116610 LV overtakes it. Just keep in mind Rolex is making A LOT of watches per year and have been for a very long time. So the word 'rare' is very relative.

Quote:

Originally Posted by Sean.c

Your right I never thought about changing bezels! In this day and age what is the most rare sub? The comex?

Puffy · 11 July 2012, 05:33 AM

Unpolished and minty sets will hit 9000 within 5 years. Economy will have improved and nos sets will be a rarity

swissautopro · 11 July 2012, 05:39 AM

Quote:

Originally Posted by Puffy

Unpolished and minty sets will hit 9000 within 5 years. Economy will have improved and nos sets will be a rarity

Like everything else, condition is key. Mint full sets will always be in demand, IMHO. And for many, mint watches regardless of whether a set or not. If I'm wrong, so be it, but the really mint watches I run across wind up in my safe, so I'm putting my money on it.

Sean.c · 11 July 2012, 05:49 AM

Quote:

Originally Posted by Puffy

Unpolished and minty sets will hit 9000 within 5 years. Economy will have improved and nos sets will be a rarity

Wow 9000 ??? Might aswell keep it then ! What does "nos" stand for?

swissautopro · 11 July 2012, 05:51 AM

Quote:

Originally Posted by Sean.c

Wow 9000 ??? Might aswell keep it then ! What does "nos" stand for?

New Old Stock

springer · 11 July 2012, 11:26 AM

Quote:

Originally Posted by Sean.c

Wow 9000 ??? Might aswell keep it then ! What does "nos" stand for?

I agree - $9,000 could be very possible in four to five years.

agsstructures · 11 July 2012, 05:37 AM

It will hold value pretty well but considering there is 50 million out there I can't see it being that highly collectible. i would just get whatever you like better and enjoy it.

11 July 2012, 04:47 AM	#1
Sean.c Banned Join Date: Jan 2011 Location: Dubai / Ireland Watch: Sub date Posts: 505	16610 value in years to come I've considered selling my 16610 to fund a purchase of a sub c but I'm wondering 10 years down the line will the value of my 16610 increase enough in price to keep for another decade? I know it was a very popular watch and very common but will it ever become 'collectable' or will it take 50-100 years for that to occur. I've also thought about keeping the 16610 as a daily beater as it's such an enjoyable watch to wear. Maybe one day pass on too my future kids! What do you guys think?

24 August 2013, 07:19 PM	#10
MaxCargo "TRF" Member Join Date: Jul 2011 Location: EU Watch: DSSD Posts: 537	Today, everything is going to be a collectible! Don't wear it! Keep the stickers on it! Put it away for 20 years! LV a collectible! Daytona a collectible! M serial GMT a collectible. What we have is a generation that will grow old with mint condition watches. No collectibles here. Sorry[/QUOTE] __________________ Life is a sexually transmitted disease and the mortality rate is one hundred percent" You just have to trust your own madness,sanity is only a cosy lie. DSSD, Tudor Pelagos. SDc 4000

11 July 2012, 05:04 AM	#12
springer 2024 SubLV41 Pledge Member Join Date: Apr 2008 Real Name: jP Location: Texas Watch: GMT-MASTER Posts: 17,308	With inflation and Rolex price increases, your 16610 Submariner should retain its value fairly well. From my past experience from collecting Rolexes the last 20 years, I'd expect about an 7%-10% adjusted value per year for your Submariner. If it is currently valued at $4,000, it could easily be worth $7,500 or more in 10 years. I've seen some models double in value in as little as five years. As far as it being collectable in the future, only time will tell. I'd hold on to the 16610 for now and pass on the ceramic Submariner. __________________ Member of NAWCC since 1990. INSTAGRAM USER NAME: SPRINGERJFP Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics.

11 July 2012, 06:44 AM	#23
MortgageGuy "TRF" Member Join Date: Jun 2009 Real Name: Adam Location: Orlando, Florida Watch: Me Posts: 9,935	Cannot see any modern day Rolex every becoming collectible. All that happened was a refresh and there are millions of 16610's out there today... Hold its value-YES... Appreciate like crazy or ever be collectible-NO IMO Keep in mind the price of the 116610 will continue to rise and more than likely at a higher % thank your 16610 will appreciate. That being the case today may be the cheapest day if you will to trade up to the new 116610... __________________ The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki

11 July 2012, 05:33 AM	#25
Puffy "TRF" Member Join Date: Oct 2009 Location: Here and there Posts: 12,485	Unpolished and minty sets will hit 9000 within 5 years. Economy will have improved and nos sets will be a rarity __________________ Fine Quality is Long Remembered After the Pain of Spending Money is Forgotten

11 July 2012, 04:50 AM	#2
mannyv11 "TRF" Member Join Date: Jun 2011 Real Name: Manny Location: MA Watch: DD,Sub,GMT,Daytona Posts: 4,507	I dont ever see the 16610 becoming collectible. There are just way to many of them out there in all honesty. There is also nothing wrong with selling it to purchase a sub C and letting that be your daily beater watch that you can then give to one of your children later on in life.

11 July 2012, 04:51 AM	#5
esm "TRF" Member Join Date: Jul 2008 Real Name: Eric Location: Location,Location Watch: this, bro... Posts: 15,340	very difficult to say - with the ever increasing interest of Rolex world-wide..... who knows. the 1610LV may have a slight edge over the normal 16610. im sure Peter (Padi56) will share his views of this topic very soon.

11 July 2012, 04:55 AM	#6
Sean.c Banned Join Date: Jan 2011 Location: Dubai / Ireland Watch: Sub date Posts: 505	I think in 50 years the anniversary sub will become highly collectable just like the red subs as there aren't as many! I just find them ugly! If I ever received a good deal on an lv I think I would take it. What's the cheapest they go for these days? I think I love my 16610 too much to let go will just see how I feel once I've gotten my sub c in September !

11 July 2012, 05:19 AM	#13
azguy Banned Join Date: Sep 2011 Real Name: ------- Location: ------- Watch: --------- Posts: 12,609	Didn't you just buy that 16610 like 2 weeks ago... I don't think it will ever be collectable or worth more than it is today....IMHO

11 July 2012, 05:23 AM	#19
brian8121 "TRF" Member Join Date: Apr 2011 Real Name: Brian Location: NYC and San Fran Watch: 5960p+6262 Posts: 1,000	I think they'll hold value well, but I don't see the 16610 becoming extremely collectible. There are just sooooo many of them out there. Maybe in a few decades they'll be a bit harder to source. I think the 16610LV may do ok, but again, a lot out there (relative to a Red Sub).

11 July 2012, 05:37 AM	#30
agsstructures 2024 SubLV41 Pledge Member Join Date: Oct 2009 Location: Brooklyn, NY Posts: 2,396	It will hold value pretty well but considering there is 50 million out there I can't see it being that highly collectible. i would just get whatever you like better and enjoy it.

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