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View Poll Results: 'investment' threads | |||
They should be forbidden ! they bother me a lot |
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8 | 12.31% |
I don't care about them |
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44 | 67.69% |
They are great. |
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13 | 20.00% |
Voters: 65. You may not vote on this poll |
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#1 |
"TRF" Member
Join Date: Jul 2005
Location: Europe
Posts: 2,907
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"INVESTMENT" threads ...
How do you feel about them.
I HATE them a lot. Watches are for fun and it's sad that some of us 'use' them as an investment. Worse, some of those nice watches (mostly those who are hard to get or those who are limited) end up in safes. Some of us prefer to keep them unworn because they think it's an investment. To sad when a real watch enthusiast can't get e certain watch because some speculators bought them |
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#2 |
Banned
Join Date: Oct 2007
Real Name: Thani
Location: Dubai UAE
Watch: Milgauss 116400 GV
Posts: 2,082
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i agree and if i ever did have a sought after watch that collectors were looking for i would never sell it unless under a situation god forbid
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#3 |
Banned
Join Date: Mar 2007
Location: Pacific Northwest
Posts: 576
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I wear all my watches, a different one everyday. It's a lot of fun. And no, I do not consider my watches as investments.
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#4 |
"TRF" Member
Join Date: Jan 2007
Real Name: F
Location: Scotland
Watch: Exp II White Face
Posts: 4,272
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My watch was bought to be worn, and not as an investment.
It saddens me when people covet these objects for financial gain and not as the fantastic timepeices they are. Its A Bloody Watch Wear It ![]() f |
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#5 |
"TRF" Member
Join Date: Apr 2007
Real Name: Bo
Location: Denmark
Watch: Rolex, of course!
Posts: 22,436
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I don't mind about those threads, but I don't buy watches myself out of investment reasons.
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With kind regards, Bo LocTite 221: The Taming Of The Screw... |
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#6 |
"TRF" Member
Join Date: Oct 2007
Real Name: Mike
Location: Charlotte NC
Watch: SD & Exp II
Posts: 961
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I don't have a problem with someone buying a watch hoping that it will appreciate. I just don't think (in most cases) you make a very good return on your investment.
My watches are not bought to sit in a safe. I have way too many guns and knives taking up that space ![]() Wear them and Enjoy ![]()
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16600 Sea-Dweller 16570 Explorer II (White Dial) |
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#7 |
"TRF" Member
Join Date: Nov 2007
Location: Florida, USA
Posts: 290
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All the watches I own I wear, with a couple exceptions that are limited edition pieces. I don't buy watches for investment, but I do like to read those investment threads to see others inputs on the matter.
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#8 |
"TRF" Member
Join Date: Aug 2007
Location: Annapolis, MD
Watch: Sea-Dweller 16600
Posts: 5,081
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We should not forbid them. This isn't Stalin's Russia.
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#9 |
"TRF" Member
Join Date: Jan 2007
Real Name: Neil
Location: Borders, Scotland
Watch: what your doing.
Posts: 970
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#10 |
"TRF" Member
Join Date: Jul 2005
Real Name: Adam
Location: Philly ‘burbs
Posts: 5,674
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Doesn't bother me. If you don't like the subject matter of the thread, then move on.
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#11 |
"TRF" Member
Join Date: Mar 2007
Real Name: Louie
Location: California
Watch: Rolex
Posts: 644
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IMHO, real WIS's don't consider watches as investments.
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#12 |
Member
Join Date: Aug 2007
Location: FL
Posts: 73
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I definitely agree - "It's a watch wear it."
But to answer the question of how I feel about investment threads, IMHO, this forum is the perfect place for the topic of "Rolex as investment". While I may not agree with the intent of buying a watch to squirrel away for it's future cash value, I do appreciate that there is a great place to ask and have so many enthusiasts chime in. |
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#13 | |
"TRF" Member
Join Date: Oct 2007
Location: Lancashire, UK
Watch: ????????
Posts: 2,187
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Quote:
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#14 |
"TRF" Member
Join Date: Jul 2005
Posts: 22,682
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Well, I said I don't care. Having said that, to be honest while I've never really bought a watch with an eye to investment, there does come a time when an evaluation has to be made.
The hard reality is that certain pieces HAVE appreciated to a point where some question wearing them in all conditions. I have a few that I'm VERY conservative with. At current levels I'd have a hard time replacing them...if I could find them. ![]() |
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#15 | |
TRF Moderator & 2025 Titanium Yacht-Master Patron
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,662
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Quote:
Buy a recent model, wear it, watch it, take care of it and at some point it may be worth much more than you paid for it.. Buy a vintage with an eye for what you intend to do with it...Don't buy a hard to find, costly collectible piece, and then trash it by wearing it in all conditions.....it does a disservice to the watch and other collectors.. ![]() |
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#16 |
Banned
Join Date: Mar 2007
Location: USA
Watch: ing the time go by
Posts: 1,444
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The reality is, a Rolex watch becomes an investment commodity the moment you buy it, like it or not, you don't have to see it as such though. I buy my watches firstly because they talk to me, they don't say a lot, it's just that smouldering sexy look (rather like when you first spotted the gall that you couldn't live without
![]() Regarding investment threads, why not, if that's what some people see them as, then so be it, and of course, it's always nice to know that you can flip it later to buy a different model with the proceeds and in some cases even end up with some change ![]() ![]() |
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#17 |
"TRF" Member
Join Date: Jun 2007
Location: San Francisco
Watch: Submariner
Posts: 2,480
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Well, if you think of your watch as an "investment" then you are down about 20% the second you put it on as it goes from BNIB to "used". Not a great way to invest, instantly down 20 or so %.
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____________________________________________ Rolex Blue TT Submariner Rolex SS Submariner Breitling Emergency Mission **They are just watches, wear 'em.** ____________________________________________ |
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#18 |
"TRF" Member
Join Date: Dec 2005
Real Name: John
Location: Halesworth, UK
Watch: GMT Master II
Posts: 69
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I bought my GMT-Master to wear every day and that's what I do! The fact that it probably won't lose a lot in value is nice but doesn't bother me one bit as I have no intention of selling it. The next owner will be my son and he only gets it once I'm dead and buried, which I hope won't be for a good while. As he's not very excited by watches I don't expect my mushrooms to be poisoned any day soon!
I have a Rolex-owning uncle who keeps his watch in his safe virtually all year round, wearing it only on "special occasions". I really fail to see the point of this. He's nearly 80, does very little all day, yet still won't enjoy wearing the watch on his wrist. Buying any item as an investment is, to me, never a good idea! A lot of house-buyers in the UK are about to find that out! |
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#19 |
"TRF" Member
Join Date: Jul 2007
Real Name: Jamie
Location: Georgia
Watch: Stainless Sub Date
Posts: 3,023
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Some investment threads contain intelligent information and good ideas, as well as very good questions. Others just bore me. I'm sitting on the fence this time, I'll keep reading them as they roll out. Never too late to learn!
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#20 |
"TRF" Member
Join Date: Oct 2006
Real Name: Ron
Location: Alabama
Watch: Daytona,TT Sub,GMT
Posts: 4,673
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I think that if someone buys watches for investments, they should have every right to. Plus, I would like for them to share that experience with us all(or at least me).
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Ron |
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#21 |
"TRF" Member
Join Date: Apr 2007
Real Name: Ashutosh
Location: Rochester NY
Watch: Daytonas,SD
Posts: 2,342
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Whether anyone buys a Rolex for investment purpose or normally, it is a fact that Rolexes have been at the top in terms of liquidity
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Everything becomes nothing after ROLEX 116520 SS Daytona White Dial 116520 SS Daytona Black Dial 116523 18K&SS Daytona Slate Dial 16600 Sea-Dweller 16710 GMT Master II Pepsi Bezel 16613 18K&SS Submariner Blue Dial 116660 Deepsea Sea-Dweller |
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#22 |
"TRF" Member
Join Date: Jan 2007
Real Name: Richard
Location: LV, NV
Watch: LV Sub and others
Posts: 2,689
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I tend to buy Rolex for me and not for future sales. I have flipped several Rolex watches in the past as I wanted different Rolex watches. I do not mind if people buy/talk about buying Rolex for an investment. I have five mint condition Joe Montana rookie football cards I could sell four of the five and buy a very nice Rolex. Like anything else you have to find someone who wants to pay what the cards are truly worth, this is the hard aspect of selling anything. Finding that buyer who will pay you what you want. This is why I don't see Rolex as an investment. Most all of the time you will not get what you paid for the watch in the first place, and very rarely will you make money on a Rolex. IMHO
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#23 | |
"TRF" Member
Join Date: Sep 2007
Real Name: Steve
Location: NYC
Watch: SS Daytona B/W
Posts: 362
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Quote:
![]() I would read any investment thread b/c i'm interested. There's nothing wrong with wanting to make more $, buy more pieces, and post pics on this forum. ![]()
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#24 |
"TRF" Member
Join Date: Feb 2007
Real Name: Alex
Location: USA
Watch: TT Blue Sub
Posts: 2,542
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Keeping a watch in a safe for many years, especially a mechanical one will dry out and congeal the lubricating oils in the movement. Several years back I bought a Bulova self wind watch that was part of a jeweler estate, it was in a safe for many years, it ran for less than a week before the main spring broke.
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