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Old 28 February 2009, 06:49 PM   #1
newk
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New Rolex Advice - Dilema

Hi Guy's - I could really do with some advice.

I have just been given my first rolex, a ss black sub [no date]. Absolutely beautiful. My g-friend bought it for me and she paid top price (£3400). Its still boxed up new. She' agreed with the jewller that I can exchange or upgrade. My main concern is that the watch will drop dramatically in value because they are the most common and because of the top price paid.

Instead I was thinking of upgrading to:
1) A ss black sub [date] - not my first option but are these more sought after
2) A ss green sub [date] - I quite like this and think it might hold it's value better
3) The sea dweller. [Not the deep sea] - Are these still made by rolex?
4) Finally the Green crystal milguass - Again not my first option due to the elevated prices of these at the moment and that its more of a dress watch.

My priorities are a beautiful watch that will hold it's value. It is something I will be wearing on a daily basis. I don't want to shed a tear everytime I look at my wrist knowing that £100's are dropping out of my wallet.

Thanks so much in advance.

ps. My watch wasn't ticking in its box and then last night i took it out to look at it and it started ticking. What did I do and can I stop it.
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Old 28 February 2009, 07:26 PM   #2
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Well the only upgrade in most of the watches you stated is a date function the non date Sub is a Rolex icon and hold prices well in the market.The LV Sub and SD all have same movement so its basically down to choice.Myself dont buy a watch looking at the resale value I buy a watch because I like it.But all Rolex hold there price well in the market but with Rolex now making almost 1000000 watches a year.Its hard to say what will retain its value perhaps the LV Subs or SD.All the Rolex line you could wear on a daily basis for decades to come with just a service every 5-7 years will last you a life time.The reason your watch started to tick is quite simple,its a automatic and has a weighted winding pendulum.As you move your watch,wrist, arm etc its winds watch.There is a winding crown as well when you first wear your watch give 40 full crown turns to fully wind watch.You cannot over wind it a slipping clutch prevents that, if you want it to stop just don't wear it will stop on its own.
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Old 28 February 2009, 07:40 PM   #3
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Keep it

Why don't you make your girlfriend so proud and happy and keep the watch? It is a beautiful watch. Who cares what happens to VALUE? Value is only relevant if you are going to sell it. Tell her you thought about upgrading, but this gift, from her, is special.
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Old 28 February 2009, 08:15 PM   #4
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Why don't you make your girlfriend so proud and happy and keep the watch? It is a beautiful watch. Who cares what happens to VALUE? Value is only relevant if you are going to sell it. Tell her you thought about upgrading, but this gift, from her, is special.
I agree. It's a special watch chosen for you from someone special. Surely that counts more than resale value.

It's a great watch. I'd certainly keep it and wear it proudly.
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Old 28 February 2009, 08:18 PM   #5
The GMT Master
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Originally Posted by newk View Post
Hi Guy's - I could really do with some advice.

I have just been given my first rolex, a ss black sub [no date]. Absolutely beautiful. My g-friend bought it for me and she paid top price (£3400). Its still boxed up new. She' agreed with the jewller that I can exchange or upgrade. My main concern is that the watch will drop dramatically in value because they are the most common and because of the top price paid.

Instead I was thinking of upgrading to:
1) A ss black sub [date] - not my first option but are these more sought after
2) A ss green sub [date] - I quite like this and think it might hold it's value better
3) The sea dweller. [Not the deep sea] - Are these still made by rolex?
4) Finally the Green crystal milguass - Again not my first option due to the elevated prices of these at the moment and that its more of a dress watch.

My priorities are a beautiful watch that will hold it's value. It is something I will be wearing on a daily basis. I don't want to shed a tear everytime I look at my wrist knowing that £100's are dropping out of my wallet.

Thanks so much in advance.

ps. My watch wasn't ticking in its box and then last night i took it out to look at it and it started ticking. What did I do and can I stop it.
Firstly, welcome to the boards, and congrats on your Sub, I hope I'll be able to answer a few of your questions. Firstly, with any Rolex sports watch, it'll hold its value well, so your main priority will be finding the watch you like the most. Sub NDs aren't exactly the most common of watches, it's really the Sub Date that's one of the most in demand Rolexes, so don't worry about taking a hit on it. The Sea Dweller 4000ft has finished production now, but there were a few final new ones floating around country earlier this year. You might be able to find an AD with one new in, but if you had your heart set on one, it'll have to be through the grey market or a second hand seller. The Milgauss GV is still in high demand, with many places having a long waiting list. Expect to wait about a year to get your hands on one.

As for the ticking, you must have wound the main spring slightly from the motion of taking it out of the box. If you're desperate to keep it stopped, unwinding the crown and pulling it out to the first position should stop it from moving at all.
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Old 28 February 2009, 08:31 PM   #6
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Welcome to TRF. The above is good advice. I bought my Rolex on the basis that I liked it. There is a secondary benefit that it is likely that Rolexs will hold their values better than most other watches so that if you wished to trade it in the future you could. If you're going to wear it regularly, like myself, then go for the one that sings to you and you also have the personal value that it was a gift. Which ever one you end up with you will have a great watch I can assure you.
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Old 28 February 2009, 10:19 PM   #7
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Originally Posted by jimbo1mcm View Post
Why don't you make your girlfriend so proud and happy and keep the watch? It is a beautiful watch. Who cares what happens to VALUE? Value is only relevant if you are going to sell it. Tell her you thought about upgrading, but this gift, from her, is special.
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Old 28 February 2009, 10:32 PM   #8
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I have never worried about re-sale value on a gift before. I think you should wear it and enjoy it for what it is...an absolutely iconic Rolex that was given to you buy someone who cares for you. I cant imagine re-sale value being the first thing in my mind after receiving anything as a gift.
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Old 28 February 2009, 10:33 PM   #9
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I would not change it. If given to me I would hang on to it for ever..........

If you want another type/style get it but make your girlfriend happy by bringing out your "special" watch on special occasions.
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Old 28 February 2009, 10:39 PM   #10
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You are fortunate to have a girlfirnd that loves you enough to make such a purchase and can afford such a purchase. If i were you young man, i would romance the hell out of her for such a fine gift. Keep the Sub ND, its value will hold , Girlfreinds come and go but a |Rolex is for life. Now say thank you to her, tell her you love her, and that she looks good in that dress, and be happy . You have a watch that most people dont have or could afford.
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Old 28 February 2009, 11:07 PM   #11
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You're crazy dude. Keep the sub nd. Over the long haul it's probably the coolest of those options anyway.
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Old 28 February 2009, 11:10 PM   #12
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And also 100's are gonna be falling out of your wallet soon anyway with worldwide inflation. The rolex will hold its value better than common stock so just enjoy the darn thing.
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Old 28 February 2009, 11:17 PM   #13
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Hello & welcome

If I were you I would
a) be delighted
and
b) keep it forever

The ND Sub is a direct link to the original Subs, and as such rather special imho. If it is discontinued in the next couple of years, then you will have even less to worry about in terms of retained value.


Cheers
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Old 28 February 2009, 11:58 PM   #14
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it is priceless if its from someone special. Keep it and enjoy it.
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Old 1 March 2009, 12:14 AM   #15
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And also 100's are gonna be falling out of your wallet soon anyway with worldwide inflation. The rolex will hold its value better than common stock so just enjoy the darn thing.
Ha very true, I love the ND Sub, I almost bought one a couple months ago. My fiance would shoot me if I wanted to return a gift.
KEEP IT!!!
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Old 1 March 2009, 12:18 AM   #16
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I can't agree more, I have one and love it.
Appreciate it, wear it, and be grateful.
And by the way, take your GF out to dinner.
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Old 1 March 2009, 01:27 AM   #17
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I agree. It's a special watch chosen for you from someone special. Surely that counts more than resale value.

It's a great watch. I'd certainly keep it and wear it proudly.
I agree too...
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Old 1 March 2009, 01:40 AM   #18
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The REAL value is making your girlfriend feel like she got you a gift you love and not one you're putting a resale value on. Shame.
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Old 1 March 2009, 01:43 AM   #19
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Keep it!
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Old 1 March 2009, 02:04 AM   #20
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I don't know, but if you ever break up with your girlfriend please give her my number, a GF like that is the REAL present!
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Old 1 March 2009, 02:10 AM   #21
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Keep it. A lot of people feel that the Submariner with the scoc printing on the dial will be a fairly short run and may become the most collectible of any of the current subs down the road.
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Old 1 March 2009, 02:15 AM   #22
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Don't change it! It's a fab watch!
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Old 1 March 2009, 02:36 AM   #23
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i dont understand why this is even a discussion. returning a gift like that is like asking someone to give you back a gift you had given them earlier, totally improper

if you wanted a resale value watch, use your own money not someone else's, you got the watch for free so any resale is profit to you!
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Old 1 March 2009, 02:43 AM   #24
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I would like to think that your super considerate GF probably spent hours at the jeweler picking this one out based on a whole bunch of factors that she sweated over...

I would keep it like the others have said here (not because I have a ND version myself) but I think the emotional value makes it irreplaceable...

the ND version is actually less common...and the MSRP is a $500 less (approx.) than the date version...that price difference is less on the secondary market...I would not even worry about resale...
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Old 1 March 2009, 03:00 AM   #25
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Keep it. As others have said, the no date sub is already an iconic watch. More importantly, I have found the value of a Rolex is not so much the actual watch but the story behind it and you already have one helluva story.
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Old 1 March 2009, 03:01 AM   #26
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If your gonna wear it everyday. I say get the SS sub date.

Its a classic that never goes out of stlye. I wouldnt worry to much about the watch losing value. If its your everyday watch, you want something that you love and feels comfortable on your wrist as a top priority.

Good luck!

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Old 1 March 2009, 03:04 AM   #27
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You're absolutely right! It was a terrible choice. Send the watch to me immediately, then you can buy the one you want and all will be well.

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Old 1 March 2009, 03:59 AM   #28
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Trade it in and....

Send me your girlfriend's telephone number!!!
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Old 1 March 2009, 09:38 AM   #29
newk
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Ahhhh guy's you make me feel sooo bad.

I do really appreaciate it and really appreciate your feedback. This is my first rolex and is a dream come true. I love the watch and my g-friend v much. My post did sound ungrateful but I am a very practical person and this isn't the case. Whilst I have no intention of selling it's nice to know you could if you needed to. When I look at the prices on the internet for a ss sub no date they are £700 less and when my g-friend gave it to me she honestly told me to upgrade if I thought I should. Not knowing enough about the current rolex market your advice is really helpful. Thank you all for your feedback you really have given me great food for thought. I'll let you know my decision once made.

Please keep posting it's great to know everyones opinion.

Thanks again.
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Old 1 March 2009, 09:46 AM   #30
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I think if you like it, then keep it. I wouldn't worry about resale. If you wanted to flip the watch down the road I'm sure you would do ok. The big thing is to get the watch that you like in the first place.
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