Is Rolex Submariner (SS) an Investment Watch?

[STEELINOX]

Originally Posted by Newbieone

How about all of the trusted sellers on TRF. The assumption here is that these guys flip watches regularly for a profit--- Speak up gents...

This post is a little "passive aggressive," maybe try re-structuring the thought

[capote]

Not its not an investment, you don't get any return on capital. Sure you can buy a model nobody cares about and hope it will appreciate in value. But that is not an investment, its purely speculation.

[BNA/LION]

IMHO... Get what you like, wear it and if you get a sweet deal on the price maybe you will make a few bucks if you ever decide to sell it or trade up.

[Tudor66]

On a unrelated note, three of the four last posts are from San Diego, the other Sweden- what are the chances..

Please disregard my first post..., and

Happy Thanksgiving everyone...,

[capote]

Originally Posted by Newbieone

On a unrelated note, three of the four last posts are from San Diego, the other Sweden- what are the chances..

Please disregard my first post..., and

Happy Thanksgiving everyone...,

Damn! I broke the San Diego streak, sorry about that good citizens of S.D

[InTime]

omega liquid metal, i think that one is a limited run watch which could retain value better than a rolex.

[terrywoods]

Originally Posted by doonaree01

I am on a waiting list to purchase a new Submariner but cannot make up my mind yet to go for the black or green dial

What is your opinion, Black or Green!!!!

Don't bother with a waiting list a few uk grey dealers have them sitting there at below list price.

Go black it's classic and you will never get bored of the colour.

[novan3]

Anyone have an opinion on whether a SubC LV may hold better resale value than an LN? Given the slight price premium.

[Deepsea Florida]

The LV will probably hold value a bit better than the LN, as it is bit more unique due to green color.

Notice the "grey" prices are much closer to MSRP than the price on the LN

[GradyPhilpott]

Using the term investment loosely, as it often is, I think a Rolex is a good investment in that you're putting money into something that will hold its value, last a lifetime, and will tell those who know that you recognize value when you see it, as well as demonstrating your exquisite taste.

A friend of mine used to call it investing in oneself.

At the time, I wasn't sure what he meant, but now, some forty years later, I do understand and I agree with him completely.

In economic terms, I'm not so sure.

[tripleC]

Originally Posted by humvee

Why do people measure investment in terms of $$$???

I am asked by many financial experts what I have invested in. They want to hear
"Apple", "google", "gold" and "Real-Estate". Instead, they get to hear two words: "My health!" -- Everything else is useless.
I am investing to keep the Grim Reaper away, as far as possible.

Very well said !

[IWantOne]

Originally Posted by terrywoods

Don't bother with a waiting list a few uk grey dealers have them sitting there at below list price.

Go black it's classic and you will never get bored of the colour.

How much below list price?

[John in MA]

Consider if you are looking at a Rolex as an investment piece........You buy a Rolex SubC for $9000. Take into account inflation of say 3% a year. If you wanted to break even on your "investment" after 5 years, you'd have to either:

A. Buy the watch today for: $7763
B. Sell the watch for $10433

I would not view a new modern Rolex as an investment piece. Purchasing a used modern Rolex, maybe.

[kultschar]

I just bought a Sub-C as I love them and have no intention of ever selling it, however its good to know that when (or if lol) I'm a pensioner and if times are hard or something bad happens then I will have something to cash in for a fair price!!

[freddyttt]

the way some people turn and flip watches they could very well be investments-

purchased my 168000 in 2006 for 2500... you cant find subs for 2500 these days. back then rhodium roman date justs could be had all day for 2100-2400. good luck with that-

I love my watches and am not a flipper. but its good to know if i ever do decide to sell. chances are ill sell for more then i purchased.

[doonaree01]

Thanks for the info terrywoods, I am picking up my SM on Monday and have gone for the classic black.

[Transient]

Subs go up in value everyday you wear it, sentimental value that is. In about 20 years i will give my Sub to my son who i hope will love and wear the watch with fondness and with the knowledge that his old man wore the watch everyday. I will pass on a watch that has my history on every scratch, and then he can create his own history on it...
That is the most value i can ever hope for from my beloved timepiece.

[superb]

Whether your rolex is an investment or not, you can't do any worse than that guy who sold his 10% stake of apple inc for $800 in 1976 with a current market value of $35B.

[chicfarmer1]

Originally Posted by superb

you can't do any worse than that guy who sold his 10% stake of apple inc for $800 in 1976 with a current market value of $35B.

Actually, you are just about guaranteed to do worse than that.

[The Joker]

Originally Posted by doonaree01

I am on a waiting list to purchase a new Submariner but cannot make up my mind yet to go for the black or green dial

What is your opinion, Black or Green!!!!

There is a SubC black dial in Goldsmiths, Canary Wharf if anyone is interested.

[tdegroot]

Originally Posted by yannis7777

I beg to differ with some views here. In unstable times and economic environments such as the current day's environment it may be the case that an SS Rolex might present a good, sound investing opportunity (when compared to savings or stock or bonds). Gold and Rolex may not be a bad idea if you want to diversify your investment portfolio. So the bonus is getting a piece of luxury while at the same time investing in something or vice versa. Jmho.

I whole heartedly agree with you.

[Rod.]

I bought my non-date Submariner in 1972 at a duty free shop for US$175. Replacement cost today as quoted by Rolex Canada is C$6,320+taxes. I've no idea, though, what the street value is for a nearly 40-year old SS Sub. With the overhaul service it's getting now by Rolex plus prior servicings and a new bracelet in the '80s, my total 'investment' will be around $2,000.

But I'd only ever realize a return on my 'investment' if I sell it, which I've no intention of ever doing. I've gotten pretty attached to it.

Rod.

[Rolex77]

dont buy rolex for investment. Buy rolex if you love it (and I love all my rolexes)

[RodS]

I bought my 1675 as a tool watch for astro-navigation, that looked terrific, especially amongst the competition, in 1966, full UK sticker 84 pounds 15 shillings. Since then I have had it Rolex serviced about half a dozen times, used up 2 Jubilees, and as the last service cost me $2K [with new bracelet] a resale at about say $5K would probably see me cut even over the years.

Do I care, nope.

Near 50 years with a fabulous free watch which will be passed on to my nephew in as new condition. Would have been worth double if I had kept it original, small 24 hour hand, faded bezel, dial etc.

So what! I wanted a tool, which subsequently became an ornament and I have enjoyed it in the meantime.

If I had spent the money I gave for my first computer, a little grape iMac, on Apple shares instead I would be much wealthier, but what would I have missed out on eh?

OK, a Rolex is no longer really a tool watch, others may disagree, as all functions can be had at less cost, and greater accuracy elsewhere. So what!

As many have said here, buy, and enjoy, and if the price is a little too steep, consider lightly used, and still enjoy less initial depreciation, but having from new and keeping makes for more memories!

Just my tuppence worth of ramblings, please excuse.

[venton]

Well I used the idea of diversifying some of the money stuck in the bank making paltry interest into my first Rolex Sub. I managed to convince myself (and wife more importantly) that in these troubled times it would be wise to buy something of real worth. That's my story and I'm sticking to it! So yes, of course it is a wise investment.