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otherminds · 7 December 2020, 02:22 AM

Greetings Everyone,

I am wondering about keeping watches that I don't wear for investment purposes. How many of you out there do this?

I currently own 5 Rolexes: Sub 116610 LN, Hulk, GMT ii 116710LN, Exp ii 216570, and GMT ii Pepsi 126710

After taking receipt of my latest (the Pepsi), I planned to sell the GMT 116710LN. However, after thinking about the fact that it is discontinued, and the value will only appreciate, I am wondering if it is better in the safe.

To set the context, I don't need the money right now.

Would love to hear what others do.

timy · 7 December 2020, 02:27 AM

Quote:

Originally Posted by otherminds

Greetings Everyone,

I am wondering about keeping watches that I don't wear for investment purposes. How many of you out there do this?

I currently own 5 Rolexes: Sub 116610 LN, Hulk, GMT ii 116710LN, Exp ii 216570, and GMT ii Pepsi 126710

After taking receipt of my latest (the Pepsi), I planned to sell the GMT 116710LN. However, after thinking about the fact that it is discontinued, and the value will only appreciate, I am wondering if it is better in the safe.

To set the context, I don't need the money right now.

Would love to hear what others do.

Selling a watch can be a hassle. A lot of wannabe buyers are sketchy. Rolex attracts them all. If you don't need the money, why bother?

dtwer · 7 December 2020, 02:28 AM

You may want to read the TRF rules thread in the sticky; 4. iv.

fskywalker · 7 December 2020, 02:32 AM

Would rather sell and use the money elsewhere

Sent from my iPhone using Tapatalk Pro

ROLEXster · 7 December 2020, 02:36 AM

Sell watch
Buy AirBNB stocks on Thur
Sell on Fri
Double your money = win

otherminds · 7 December 2020, 02:50 AM

Quote:

Originally Posted by ROLEXster

Sell watch
Buy AirBNB stocks on Thur
Sell on Fri
Double your money = win

Ha not a bad idea.

7 December 2020, 02:22 AM	#1
otherminds "TRF" Member Join Date: Jan 2014 Location: NYC, NY Posts: 89	Rolex Collection as an Investment? Greetings Everyone, I am wondering about keeping watches that I don't wear for investment purposes. How many of you out there do this? I currently own 5 Rolexes: Sub 116610 LN, Hulk, GMT ii 116710LN, Exp ii 216570, and GMT ii Pepsi 126710 After taking receipt of my latest (the Pepsi), I planned to sell the GMT 116710LN. However, after thinking about the fact that it is discontinued, and the value will only appreciate, I am wondering if it is better in the safe. To set the context, I don't need the money right now. Would love to hear what others do.

7 December 2020, 02:32 AM	#4
fskywalker 2025 Pledge Member Join Date: Aug 2014 Real Name: Francisco Location: San Juan, PR Watch: Is Ticking ! Posts: 25,375	Would rather sell and use the money elsewhere Sent from my iPhone using Tapatalk Pro __________________ Francisco ♛ 16610 / 116264 Ω 168.022 / 215.30.40.20.03.002 / 210.90.42.20.01.001 Zenith 02.480.405 2FA security enabled

7 December 2020, 02:28 AM	#3
dtwer "TRF" Member Join Date: Oct 2011 Location: midwest Watch: DJ 41 Posts: 1,511	You may want to read the TRF rules thread in the sticky; 4. iv.

7 December 2020, 02:36 AM	#5
ROLEXster "TRF" Member Join Date: Jan 2012 Location: Vancouver, BC Watch: is on BS wait list Posts: 990	Sell watch Buy AirBNB stocks on Thur Sell on Fri Double your money = win

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