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19 March 2021, 09:06 PM | #1 |
"TRF" Member
Join Date: Apr 2014
Location: England
Posts: 91
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To safe the Submariner 116610 LN or not?
Hi folks,
I purchased the 116610 LN at retail in November 2019 as part of buying a DJ41 (which I love) but the submariner doesn't get much wrist time and in my hearts of hearts I am not in love with it like i am my DJ41, for some reason i feel the sub looks better when i see it out in the wild then it does on my own wrist... My dilemma - the sub is in mint condition, I haven't worn much (especially with lockdown etc) whilst I am by no means a wealthy individual I dont need to sell the watch for funds and now with the watch discontinued I am thinking of putting the sub in a safe for 5-10+ years (I am 29 years old) in the hope it may rocket in value being one of the last 11661o LN produced and in mint condition. What are your thoughts? Do you see the watch rocketing in value in the future or do you think this will remian/creep up at inflation pace? Side note - I would then buy a hublot as my side piece (pre owned and yes i know the stigma around hublot but i love the black magic classic fusion) |
19 March 2021, 09:09 PM | #2 |
"TRF" Member
Join Date: Sep 2017
Location: USA
Watch: SD4K
Posts: 390
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Flip it.
The only way I might safe it is stickered & in the coffin with box & papers. |
19 March 2021, 09:10 PM | #3 |
"TRF" Member
Join Date: Jul 2020
Location: London, England
Posts: 120
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Why not im sure it will only go up. In 20 or so years im sure it would have at least doubled in price.
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19 March 2021, 09:13 PM | #4 |
2024 Pledge Member
Join Date: Oct 2009
Real Name: Gary
Location: USA
Watch: Daytona
Posts: 11,692
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Don’t do anything you might regret. I guarantee someday you’ll decide to start wearing it again so you will definitely want it to be there for you...
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19 March 2021, 09:13 PM | #5 |
"TRF" Member
Join Date: May 2015
Real Name: Gabe
Location: Tampa, FL
Watch: BLRO / Sub / Polar
Posts: 337
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Sell it, buy stocks/bitcoin/property...any one of those will likely do better over time. A watch in a safe is like a bird in a cage.
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19 March 2021, 09:14 PM | #6 |
2024 Pledge Member
Join Date: Sep 2012
Location: KC, MO
Posts: 146
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You would need to think it through. If you sold it now, invested the proceeds, where would you be 5-10 years vs sitting on it hoping there is a substantial increase in value
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19 March 2021, 09:15 PM | #7 |
"TRF" Member
Join Date: Apr 2014
Location: England
Posts: 91
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This is another reason for wanting to put it in a safe, I do think as I get older the watch will suit me more..I also know I am most likely never going to be able to get a chance to buy this watch at retail again
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19 March 2021, 09:20 PM | #8 |
"TRF" Life Patron
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 53,022
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This was once a real Rolex watch owners forum now its little more than a value forum, its a great shame today that Rolex watches are now thought of as little more than $$$$£££ object things. Once Rolex watches were bought to be worn and enjoyed hopefully in good health for many years but seems those days are now long gone.
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ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder |
19 March 2021, 09:23 PM | #9 |
Facilitator
Join Date: Nov 2005
Real Name: Steve
Location: Omnipresent
Posts: 33,553
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Just wear it or sell it.
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Most folks are about as happy as they make up their minds to be. ~Abraham Lincoln Nothing compares to the simple pleasure of a bike ride. ~John F. Kennedy ROLEXploitation - yeah I'm a victim |
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