Rolex for investment

[zray]

Thanks All - really appreciate all the sound advice. What I am looking to do is to buy a few Rolex watches which i will wear every now and again but looking for the models that will depreciate the least - If they go up in price that's a bonus!
At the moment i own a ss datejust with a white gold bezel, bluesey sub and a tt daytona with white dial. Any guesses what will happen to the values of the bluesey and Daytona in say 10 years?
The bluesey by the way is my all time favourite!

[onkyo]

Originally Posted by springer

My next pick for the collector Rolex models to take-off and stand to appreciate the most are the ...Tudor big-block chronos. Although the Tudor model is not a Rolex, we all know their lineage to Rolex and the 1980's vintage chrono models, complete with booklets, warranty paper and accessories should bring the best return for these models. A complete package now runs about $4000 to $4500.

Many of the vintage Rolex models have already taken-off for the moon, so Paul Newman Daytonas, and the "reds" will appreciate the least. My pick for a Rolex would have to be Zenith movement Daytonas, but I strongly believe the Tudor chronos will appreciate substantially more than the Zeniths.

Save this post, the Tudor chronos will come on strong.

John,

I couldn't agree with you more. The tudor big blocks are very hard to find nowadays esp with b/p. I recently picked up a great full set from a kind TRF member.

I have seen a lot of Zenith Daytona's come on the market recently and their prices have dropped at least 1/4-1/3. Now is the time to buy them as I also think they will appreciate over time esp the ones with SEL.

Another piece I think will appreciate is the double red. They are already expensive but I think their future is strong esp the full sets.

[Rolex116520]

Originally Posted by newrolexman

If I had a few bucks to invest now:

Deep seas at $7,000

SD's at $4000


I ve seen big discounts on both in the last several months.

I d buy them new and put them away for a few years.

I bet they would appreciate in value as the economy recovers.

just my opinion of course

I think that is the right attitude , you make your money when you buy. All those 6239 , 5513,5517 , COMEX and special forces issues have all reached their peek prices ( that is if you have a 100% original as I find that as prices went up a lot of people got very creative with dials ect )
So yes try to buy under list price some nice Rolex watches and you should be ok , still I believe that one should really buy a watch because you like it and not as an investment .

[DSJ]

Your Bluesy and Daytona will likely keep pace with inflation, making them a stable asset, but not a worthy investment, IMO.

[grex]

Invest with sentiments. These beautiful timepieces are invested with lots of beautiful memories about our love ones, loving moments that could be passed down to our future generations... something that money can't buy. The reason I really like about the wonderful guys in this forum is their 'passion' in Rolex, families, friends, from a 14 year old kyle , to the many senior veterans here .... Hey guys, show the TS some love.... forget about making money from our passion man!!!!

[karmatp]

No modern day Rolex will be a good investment, they are just so mass produced these days. You have to go vintage or look at other brands that don't have the production numbers Rolex has.

[NJSub]

Originally Posted by karmatp

No modern day Rolex will be a good investment, they are just so mass produced these days. You have to go vintage or look at other brands that don't have the production numbers Rolex has.

I think if you get a fair price on a pre owned though you won't lose money.

But don't expect to make a lot.

Like people said the memories are what make them really valuable.

If you want a profit buy a stock with dividends.

[jlovda]

I have a daughter in her 20's who would more than likely take my watches to the nearest pawn shop and then ride off into the sunset on the back of someone's motorcycle. Passing something of value to the next generation is something I never get much pleasure thinking about.

[Watchdog]

Originally Posted by jlovda

I have a daughter in her 20's who would more than likely take my watches to the nearest pawn shop and then ride off into the sunset on the back of someone's motorcycle. Passing something of value to the next generation is something I never get much pleasure thinking about.

Man, that's depressing.


I truly look forward to seeing my son's face when I pass my favorite Rolex on to him when he graduates from college.


He has no idea what I am planning, but I am confident he will respect my gesture and appreciate it the rest of his life.

[jas55]

I don't think a Rolex will ever be a long term investment. You would be better off saving the money, purchasing bullion etc.

[Colnago]

Originally Posted by kingkongkelley

Man, that's depressing.


I truly look forward to seeing my son's face when I pass my favorite Rolex on to him when he graduates from college.


He has no idea what I am planning, but I am confident he will respect my gesture and appreciate it the rest of his life.

x2........my two eldest boys have claims in already for two of my watches, they know they are coming to them, they just don't know when....my eldest is 17 (18 in October) but he's not ready yet, I think a 21st present will be likely.....I allow him to wear the one he wants from time to time, at functions, on holiday, times when he's within sight......it's just amazing to watch him look at the watch so often with this big stupid grin all over his face.......I know that watch is going to a good home when I wave it goodbye...I'm only really looking after it for him now....that is a great great feeling

[Lol-x]

Supply and demand.
I can't really put any Rolex into the investment category.
Hard to say, but I don't see too many people having the $$$ to buy a vintage Rolex for $50k or more.....but who knows.

[Singslinger]

I think that the greatest Rolex price appreciation over a relatively short space of time (around 30-40 years) were posted by the Comex Sea-dwellers and Submariners, as well as the Paul Newman Daytonas. Next would be the regular Daytonas from the 60s and 70s, followed by some of the rare vintage complications like moon phases/chronographs from the 1950s. The Exp 2 (with yellow and orange GMT hand) would also qualify.

Having said that, I'm guessing that the original buyers of these watches did not have investment potential in mind as a primary objective when they acquired these timepieces.

[lobo58]

Originally Posted by Singslinger

I think that the greatest Rolex price appreciation over a relatively short space of time (around 30-40 years) were posted by the Comex Sea-dwellers and Submariners, as well as the Paul Newman Daytonas. Next would be the regular Daytonas from the 60s and 70s, followed by some of the rare vintage complications like moon phases/chronographs from the 1950s. The Exp 2 (with yellow and orange GMT hand) would also qualify.

Having said that, I'm guessing that the original buyers of these watches did not have investment potential in mind as a primary objective when they acquired these timepieces.

I can tell you from personal experience that I didn't (former owner of a Daytona 6263). It's odd. I suspect that the next wave of collectibles might not be Rolex at all, but some overlooked and undervalued brand like Invicta or Ocean 7. Hell, we all know Rolex is the sin qua non of watch collections, but there are a ton of them out there today. Rarity is what makes a watch valuable, and the current crop of Rolex is simply not rare. The rare vintage Rolex will continue to accrue value, but really....SDs are for sale everywhere. And...even as Vintage Rolex sell for many, many thousands of US dollars, I find this 1940s chrono for $1400:



I think there is a reckoning in the near future. Rolex may be, in the current market, overvalued. Don't get me wrong. I love the Rolex watches...I just don't believe they're a solid investment. Wear the watch you love and you won't go far wrong.

[Colnago]

Originally Posted by lobo58

I can tell you from personal experience that I didn't (former owner of a Daytona 6263). It's odd. I suspect that the next wave of collectibles might not be Rolex at all, but some overlooked and undervalued brand like Invicta or Ocean 7. Hell, we all know Rolex is the sin qua non of watch collections, but there are a ton of them out there today. Rarity is what makes a watch valuable, and the current crop of Rolex is simply not rare. The rare vintage Rolex will continue to accrue value, but really....SDs are for sale everywhere. And...even as Vintage Rolex sell for many, many thousands of US dollars, I find this 1940s chrono for $1400:



I think there is a reckoning in the near future. Rolex may be, in the current market, overvalued. Don't get me wrong. I love the Rolex watches...I just don't believe they're a solid investment. Wear the watch you love and you won't go far wrong.

Well said Mark......investment, in my opinion, is not the reason to buy a Rolex....

[FreeView4You]

My watches and cars are an 'investment' albeit not necessarily a great investment. I believe my watch and car collection decreased less last year than the stock market and the money I have invested in them was not available to lose in stocks or real estate and I got to enjoy them.

I have been paying more careful time and attention buying watches and have sharpened up the process to hunt for better prices, only to lose a bit less or break even when or if I ever sell them.

I think watches are a great investment...as long as you are not hoping to make money.

[rayt]

its a pretty dangerous thing to call it as an investment.it is something with value but i dont think it is investment per se.you buy watch because you like it and you can afford it!

[rayt]

but daytona is more stable i think

[Singslinger]

Originally Posted by lobo58

I can tell you from personal experience that I didn't (former owner of a Daytona 6263). It's odd. I suspect that the next wave of collectibles might not be Rolex at all, but some overlooked and undervalued [/IMG]

I think there is a reckoning in the near future. Rolex may be, in the current market, overvalued. Don't get me wrong. I love the Rolex watches...I just don't believe they're a solid investment. Wear the watch you love and you won't go far wrong.

Agree 100%.

[2careless]

Originally Posted by Lol-x

Hard to say, but I don't see too many people having the $$$ to buy a vintage Rolex for $50k or more.....but who knows.

If only I won lotto.

[Porsche]

DEMAND AND SUPPLY

NOW
I think we can all agree that rarity is a big factor. Lets call that SUPPLY.
The other factor is DEMAND. Current "fashion" is for sports watches (eg. Daytona's, Red SD's etc).
In this case demand is outstripping supply, so prices are sky-high!

FUTURE
As has been mentioned, lots of modern Subs, Daytonas etc are in the marketplace now, so I would speculate SUPPLY is high and will be for years to come. But what is NOT being sold in big numbers now? I wish I had Rolex's sales breakdown, but let's guess... maybe YMII's (I think I have only seen 1, maybe 2 on this forum?), some of the Cellini's?

OK, now the harder question... DEMAND. Whoever can accurately predict future FASHION trends will make a killing! Who know's, maybe dress watches will be the rage in the late 21st Century?

Just my 2 cents...

PS. What we need is a POLL listing EVERY single Rolex in production. This forums has several tens of thousands of members, so we will soon find out which models are being sold in limited numbers...

[Welshwatchman]

Originally Posted by Imtiaz

The Paul Newman Daytona

The Steve McQueen Explorer II

... and the "back in time" machine.

I think these models are at the top of the market price for the mid term, at least.

[vip4u]

Rolex insurance policy,
If you got stuck any were in the world or local you can count on a Rolex to get you OUT of some trouble u never know, piece of mind is good value.You can always get another and when you die you cant take it with you ,never seen a hurst full of ROLEXES,Penarais????

[sexner]

Originally Posted by zray

Hi - was wondering if i could get some advice from the many experts on this site. I am looking to buy a couple of Rolex watches as a long term investment. Which models do you think will be sought after and are likely to appreciate over time? Appreciate any advice that I can get. Thanks.

Good Day zray,

As stated by all, I think most Rolexes will hold their value not increase - unless you have some rare oldies. In the past 23 yrs I have sold 2 date Subs and traded in (at an AD) a GMT and I got almost exactly what I paid for them. They were dealt at approx 10 yrs old.

[Ed Rooney]

Originally Posted by Ed Rooney

10K in GE stock will buy you several Rolex in a year or two. Just don't fatfinger the order and buy GM.

GM doubled since i wrote that.

[Frost]

I think its a bad idea to buy watches as investments. Buy em cos you enjoy them and can afford to do so.
Sometimes you might get lucky and the one you have suddenly becomes shit hot and it appreciates in value. But that's a mad way of investing - there are better ways such as property or even the horses!