This is why i think the lv will go up

[SubKing]

this is why i think the old sub lv will only go up in value...

and i think this is a very good point..
lots of people around here have been saying that the sub lv has been made too long and there are too many of them out there to ever be worth anything major..

well, first off..
rolex sub lv is a model all by its self... very different to a regular submariner..

the life span of the sub lv "7 years" is not long at all...

look at the old vintage 1680 red subs... look how much those are going for now.. and the 1680 reds were not even an anniversary edition...

the old 16610 subs will go up a little one day and they will be going for what the 1680 white dials are going for... then there will be the vintage lv.. i feel these will get $$$ compared to the regular subs.. just like the red dial..

[sea-dweller]

I agree...

[teo]

Actually it is only 6 years plus from near end of year 2003 to now.

[teo]

Originally Posted by subking

this is why i think the old sub lv will only go up in value...

And i think this is a very good point..
Lots of people around here have been saying that the sub lv has been made too long and there are too many of them out there to ever be worth anything major..

Well, first off..
Rolex sub lv is a model all by its self... Very different to a regular submariner..

The life span of the sub lv "7 years" is not long at all...

Look at the old vintage 1680 red subs... Look how much those are going for now.. And the 1680 reds were not even an anniversary edition...

The old 16610 subs will go up a little one day and they will be going for what the 1680 white dials are going for... Then there will be the vintage lv.. I feel these will get $$$ compared to the regular subs.. Just like the red dial..

x2

[Tools]

Well.......... that's what "speculation" is all about..

However...except for the dial/hands and the green insert..........it is identical to the black one and not really very different at all..

Perhaps though, in 20 or 30 years it may be worth more than the basic Sub if collectors decide that they want to favor this model.... but just because it's "green" rather than 'black' doesn't guarantee this.

There will be a spike in demand over the next year or so driving the price up (like the 16710), for the short term, then reality will settle in and most of those who paid the spike price will likely need another decade to recover their money.

Even today, those who paid premiums for the LV when it first came out still cannot get a positive return on their investment..

[petesjag]

I wont be selling mine but know that 20-30 years on my 'in still perfect condition LV' will be a prized watch...

[SLA]

Wow, three or four threads that seem to be trying to talk the price up. Could happen, really depends on how much the real demand has been satisfied for that model, how much demand transfers to the new model and how many flippers are out there looking for short term returns.

[GoldenBear]

$5K is an S&P fund will yield much more.

[ersnyder]

The only thing that is impossible to determine is if there will be a demand two decades from now. Limited supply is always essential for price escalation. But, without demand there will be no escalation. You can pretty much count on inflation though!

[SubKing]

Originally Posted by Tools

Well.......... that's what "speculation" is all about..

However...except for the dial/hands and the green insert..........it is identical to the black one and not really very different at all..

Perhaps though, in 20 or 30 years it may be worth more than the basic Sub if collectors decide that they want to favor this model.... but just because it's "green" rather than 'black' doesn't guarantee this.

There will be a spike in demand over the next year or so driving the price up (like the 16710), for the short term, then reality will settle in and most of those who paid the spike price will likely need another decade to recover their money.

Even today, those who paid premiums for the LV when it first came out still cannot get a positive return on their investment..

i see your points, but i say this... how much of a difference is there between a 1680 red sub and a 1680 white sub and look at the price difference...

now again, look at the difference between a 16610 and a 16610lv..
the differences are much more than just the submianer writing being in red... the bezel is green, it has a maxi dial with maxi hands... plus its a special edition and the 1680 red sub was never considered special in any way when it was released...

[SubKing]

Originally Posted by ersnyder

The only thing that is impossible to determine is if there will be a demand two decades from now. Limited supply is always essential for price escalation. But, without demand there will be no escalation. You can pretty much count on inflation though!

i would say it's safe to say that the demand on a submariner will not decrease as the submariner has maintained to be rolex's top selling sports watch for over 50 years, why would it change now?

now maybe if we were talking about a milgauss gv speculation would be more hard.. but being this is an anniversary submariner, thats what makes this such a big deal... the rolex submariner is and always will be very very popular.. please tell me if you dissagree?

which is why i think the price will rise and this watch will be a very big deal one day because it is a anniversary and i believe it is the first rolex anniversary piece they ever launched...

[JPS]

I'm with you on this one!

[SubKing]

the submariner will always be popluar and the lv even more so... yes, rolex flooded the market with the lv so no one wanted them anymore.. if they used the same marketing as they used with the SS daytona, then the lv would still be very very sought after.. but they didnt use the same marketing so after a while the lv's were not hard to come by.. but now that they are done, it looks like they will be hard to come by from here on out.. this is not like were talking about the old style seadweller or gmt.. those were being produced for years and years and years... like 50 years or so they were being made for wheres the sub lv was only for 6 years and some odd months..

[AuMDLST]

I'm starting to feel as if I may be in the minority in that I just recently purchased a "V" Daytona, "M" TT Blue and a "M" Sub LV - I didn't purchase as an investment but rather to wear and enjoy, pass on to kids when they graduate college.
No offense to those wondering about price, but you cannot seriously believe that you have made an investment that is going to give you some wonderful ROI.

[JPS]

Shortest production run in Rolex history isn't it?

[kenco]

Any educated guesses on total production numbers over 7 years?

[SubKing]

i love the looks of my watches, but the rarity of a watch also adds to that enjoyment.. at least for me it does anyway..

i want to buy a lv just because i will always miss the old style of the subs...

i used to own an lv the first year they launched.. i paid about 6k back in 03.. i traded it but always missed it since the trade.. always said one day i will get another one.. now that they are done being made, i guess that day willhave to be today... i'm going to have to just take the hit, even tho the timing is off with buying a new watch, i just dont have time any more to sit around and wait...

[mike]

Originally Posted by JPS

Shortest production run in Rolex history isn't it?

Not quite. The 16760 had a shorter run. About 83-87ish.

[JPS]

Thanks for clarifying Mike

[Casey VP-26]

I do believe they will increase in value, However you must realize when the 1680 red subs were being made there were far far less people buying rolex's then there are now. Plus this great forum did not exist then.

[SubKing]

how many years did they make the red subs for? and does anyone know why rolex made them red?

[the KING]

how many LV do you think got produced?

[SubKing]

hard to say how many rolex produced a year..

[Dr.Brian]

Buying an LV, or almost ANY watch, as an investment is, to my mind, wild speculation with little chance of beating the market, and a good chance of significantly under performing.
Here's a real investment.
$6500 invested today in safe secure bonds, gov't securities, etc earning an average of 4%/yr will yield about $17,500 in 25 years.
$6500 invested in a diversified portfolio averaging only 7%/yr will be more than $37,000 in 25 years.
Do you really think that your LV will be worth $20K in 25 years? $40K?!!!

I seriously doubt it. The only way that your watch would be worth that much is if there is long term, significant inflation, and that could certainly happen. However, if you think that there is going to be prolonged high inflation, you are investing in the wrong vehicle. You should be maximally leveraging your $$ on property.
But if you think hiding your new LV in the safe for the next 2 or 3 decades is a great idea, than good luck to you. Guess where I've got my money.

[Dr. Jones]

Originally Posted by kenco

Any educated guesses on total production numbers over 7 years?

Yes, call Rolex USA they will tell you they are still going to make the LV Sub there are no plans to scrap production. The first LV is not going away any time soon.

[watchaddict3]

Buying a BNIB LV V series today at 21.5% off retail will beat the S&P 500 index over the next 1-2 years. Over the next 20 years - no way.
I will let you know how this turns out in 1-2 years.


Cheers,

Brian

Originally Posted by Dr.Brian

Buying an LV, or almost ANY watch, as an investment is, to my mind, wild speculation with little chance of beating the market, and a good chance of significantly under performing.
Here's a real investment.
$6500 invested today in safe secure bonds, gov't securities, etc earning an average of 4%/yr will yield about $17,500 in 25 years.
$6500 invested in a diversified portfolio averaging only 7%/yr will be more than $37,000 in 25 years.
Do you really think that your LV will be worth $20K in 25 years? $40K?!!!

I seriously doubt it. The only way that your watch would be worth that much is if there is long term, significant inflation, and that could certainly happen. However, if you think that there is going to be prolonged high inflation, you are investing in the wrong vehicle. You should be maximally leveraging your $$ on property.
But if you think hiding your new LV in the safe for the next 2 or 3 decades is a great idea, than good luck to you. Guess where I've got my money.

[Dr.Brian]

Here's a real investment tip.
Short health insurance company stock. It looks like they're going to be going down on Monday.

[t e x]

Originally Posted by Dr.Brian

Here's a real investment tip.
Short health insurance company stock. It looks like they're going to be going down on Monday.

Unless the vote goes down...

[PeteNYC13]

Originally Posted by Dr.Brian

Here's a real investment tip.
Short health insurance company stock. It looks like they're going to be going down on Monday.

__________________________________________________ ___________
If it passes, won't "everyone" have to buy insurance - looks like a win for them.
okay, treading close to politics...no more for me on that subject.

-Pete

Now - about the value of the LV Sub, it's not 30 years ago when nobody collected Rolex. There will be a "bunch" of BNIB LV's for a long time to come. It's not the rarity of finding a watch in good condition that was on someones wrist for 40 years. - Like the Red Sub.
I think a lot of folks who have a LV are "hoping" they are holding a winning lottery ticket. I have seen in two days prices going up and prices going down. Some AD's anticipate that it will be tough to sell the "old" when the "new" hits, and some think they can time the market and make $$$ on the "collectability" of the LV.

Just my thoughts,

-Pete

[maxxor]

Originally Posted by Dr. Jones

Yes, call Rolex USA they will tell you they are still going to make the LV Sub there are no plans to scrap production. The first LV is not going away any time soon.

lies

wake up dude


rolex isnt going to produce 16610 and 116610 models subs......

thats just dumb

no announcement needed from rolex...they never do make announcements...you just wake up one day and they are gone....

called rolex usa? who did you speak with?....mike the watch repairer from NYC w 2 kids who doesent know a soul in switzerland, let alone a rolex executive who actually makes these decisions???????????????

i hate posts like this