The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 7 June 2009, 12:43 AM   #1
zray
"TRF" Member
 
Join Date: Apr 2009
Location: london
Posts: 16
Icon20 Rolex for investment

Hi - was wondering if i could get some advice from the many experts on this site. I am looking to buy a couple of Rolex watches as a long term investment. Which models do you think will be sought after and are likely to appreciate over time? Appreciate any advice that I can get. Thanks.
zray is offline   Reply With Quote
Old 7 June 2009, 12:54 AM   #2
Imtiaz
Banned
 
Join Date: Aug 2008
Real Name: De
Location: Tokyo
Watch: Daytona, Sub, DS,
Posts: 1,046
The Paul Newman Daytona

The Steve McQueen Explorer II
Imtiaz is offline   Reply With Quote
Old 7 June 2009, 01:26 AM   #3
SDDS
"TRF" Member
 
SDDS's Avatar
 
Join Date: Apr 2009
Real Name: Yazan
Location: Canada
Posts: 4,782
Quote:
Originally Posted by Imtiaz View Post
The Paul Newman Daytona

The Steve McQueen Explorer II
agree
__________________
Patek Philippe 5167
Patek Philippe 5905P black dial
Rolex Deepsea 116660 M series
Rolex Oysterquartz 17000 N series
Rolex OP 41MM 124300 Green Dial
SDDS is offline   Reply With Quote
Old 7 June 2009, 01:27 AM   #4
DHLChief
Member
 
Join Date: Feb 2008
Real Name: Walt
Location: Minneapolis
Watch: Savings Vaporize
Posts: 268
I agree completely.
DHLChief is offline   Reply With Quote
Old 7 June 2009, 01:32 AM   #5
Nods
Member
 
Join Date: Feb 2009
Real Name: Lionel Wylie
Location: Australia
Watch: Rolex GMT SS
Posts: 277
Watches aren't good investments. However most Rolex will appreciate over time, some models more than others. The above mentioned models should keep you slightly ahead of inflation.
Nods is offline   Reply With Quote
Old 7 June 2009, 01:34 AM   #6
2careless
"TRF" Member
 
2careless's Avatar
 
Join Date: Dec 2007
Location: Melbourne, AU
Watch: Pepsi
Posts: 4,370
Stop kidding yourself. Those pieces are already inflated at or near top of their prices. You buy them now and you're just fulfilling the "investments" of traders. There is no upside.
2careless is offline   Reply With Quote
Old 7 June 2009, 04:29 AM   #7
landroverking
"TRF" Member
 
Join Date: Dec 2008
Real Name: Jay
Location: TEXAS
Watch: Daytona
Posts: 7,648
Quote:
Originally Posted by 2careless View Post
Stop kidding yourself. Those pieces are already inflated at or near top of their prices. You buy them now and you're just fulfilling the "investments" of traders. There is no upside.
I agree, I think some of the Daytona's have topped out and could fall by half, the way some classic cars did and then take 10 years to get back to todays prices.

Now to the question. That is anyboby's guess. Could it be the Sea Dweller?
The TT Sub as the new one IMHO is NOT as cool looking. The Zenith Daytona may have a shot as well, and so could the GMT's pre GMT IIc. How about the EXP I or II or the AirKing, I guess they could all be collectable if Rolex chooses to halt production.
Most likely it will be one that we don't think of much right now and will have low proudction numbers.
landroverking is offline   Reply With Quote
Old 7 June 2009, 04:35 AM   #8
AndersB
"TRF" Member
 
Join Date: Mar 2009
Location: Europe
Posts: 603
Very difficult to say. The McQueen Explorer II for instance has become valuable partly because of the mere scarcity which is a result of the watch NOT being very appreciated when it was produced.

Value increases of current models will very much depend on when Rolex decides to take them out of production, which we know almost nothing about.

I probably wouldn't buy a Rolex for mere investment purposes. I'd buy one that I'd know I'd wear. If if then were to turn out it was also a good investment, that's a bonus.
AndersB is offline   Reply With Quote
Old 7 June 2009, 04:38 AM   #9
SLS
"TRF" Member
 
SLS's Avatar
 
Join Date: Aug 2006
Real Name: Scott
Location: GMT -7
Watch: GMT's & Sub's
Posts: 10,401
I would buy a 5513, 1680, 16800, 1675, 16700, 16570, 16760, or a 1016. These are the vintage pieces that have taken a huge hit. The 1655 and 626X's have not fallen off as much IMO and are not as good of an investment.
Scott
__________________
"The bitterness of poor quality remains long after the sweetness of lower price is forgotten." -Benjamin Franklin

Member No. 922
SLS is offline   Reply With Quote
Old 7 June 2009, 04:44 AM   #10
Jet
"TRF" Member
 
Jet's Avatar
 
Join Date: Jan 2009
Real Name: Jet
Location: SoCal, USA
Watch: SD/Sub/GMT/Daytona
Posts: 796
Quote:
Originally Posted by 2careless View Post
Stop kidding yourself. Those pieces are already inflated at or near top of their prices. You buy them now and you're just fulfilling the "investments" of traders. There is no upside.
I have to agree.
My suggestion would be to take the $$$$$$ & invest in commercial property. In the long run, you will come out ahead & have the extra $$$$$$ to purchase more toys! Do not sell - lease!

I have a few pals who collect vintage Rolexs, but they own not for the purpose of investment, but for the passion of owning such truly remarkable timepieces.

However, if you have your heart set on collecting for investment, I would suggest the following: DRSD, Comex SD, 6263, & Paul Newman Daytona.

Good luck!
Jet is offline   Reply With Quote
Old 7 June 2009, 04:50 AM   #11
padi56
"TRF" Life Patron
 
padi56's Avatar
 
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 53,034
Quote:
Originally Posted by zray View Post
Hi - was wondering if i could get some advice from the many experts on this site. I am looking to buy a couple of Rolex watches as a long term investment. Which models do you think will be sought after and are likely to appreciate over time? Appreciate any advice that I can get. Thanks.
Well most certainly nothing from the modern day Rolex line up just to many of them around.Perhaps the Zenith Daytona and the 14060 Sub with the tritium dial,could be the next vintage must have.If you can get hold of a mint one with box papers etc,I believe that prices will rise in a few years time,could be the next investment piece.But I would never recommend anyone owning watches just as pure investment.But Rolex watches do hold there prices remarkably well,much more than many other high end brands.Most of the best vintage collectable watches are already in owner collections.And the vintage market can be a real minefield if you do not know what you are doing, there are a lot of fake and frankenwatches out there today.
__________________

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
padi56 is offline   Reply With Quote
Old 7 June 2009, 05:04 AM   #12
lobo58
Member
 
Join Date: May 2009
Real Name: Mark
Location: Masschusetts
Watch: Omega Planet Ocean
Posts: 399
As has been mentioned...the reason old subs and Daytonas are valuable is because there just aren't very many of them. So their value is insanely inflated--like 100 times their original purchase price, or more. That's unlikely to happen again.

That said, ALL Rolexes seem to hold their value well over ten years or so, and as suggested retail prices rise, so does the value of the watches already in circulation.

There are better investments out there, though. If you want a hedge against inflation, buy some real estate. Buy a watch because you love it.
lobo58 is offline   Reply With Quote
Old 7 June 2009, 05:26 AM   #13
argee1977
"TRF" Member
 
argee1977's Avatar
 
Join Date: Oct 2008
Real Name: Ryan
Location: England
Watch: AP ROC
Posts: 1,462
As stated above, there are better investments to be made than in the rolex vintage market, unfortunately you're a good 3-4 years behind the curve, the vintage rolex market reached its peak and started moving back down as it wasn't too realistic in the end, especially the likes of the 5513s.

If you do buy some then they will of course hold their value, but nothing more, maybe drop off a little or gain a little depending on the popularity of the model you pick in future trends.

If you want to make money in the current market then there's only one way of doing it in the watch world, and that is to be able to hunt down the hard to get watches and get them from ADs for MRSP, there are several Panerai's and Audemars Piguet Offshores that are like this, but there are also hundreds of people doing similar things, personally i can't stand this sort of thing as they have no real love for the watches, just the money they can make


One positive though, if you like rolexes and have spare funds then it can be nice to get a vintage, as stated above like the old daytonas, original milgauss', double red sea-dwellers and so on, but you'll have to remember that there are better financial gains to be made out there such as property, shares, etc if you know what and where to buy, but if you like watches and get to own something you love then it's not that bad, at least you should keep the money safe in the watch.
__________________

PANERAI, MORE THAN A WATCH, LESS THAN A KITKAT
argee1977 is offline   Reply With Quote
Old 7 June 2009, 05:29 AM   #14
Foxy
"TRF" Member
 
Join Date: Apr 2009
Real Name: Jave
Location: London, UK
Watch: Sub 16610
Posts: 49
Here's a thought - if Rolex go completely ceramic next year on all SS sub dates (a big IF already), then doesn't that leave the current SS Sub Date with the engraved rehaut as one with relatively low production numbers (compared to the other pre-rehaut sub dates)? That could be one to watch for?
Foxy is offline   Reply With Quote
Old 7 June 2009, 05:34 AM   #15
beshannon
"TRF" Member
 
beshannon's Avatar
 
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
Watches are not investments. They are personal luxury items that may or may not increase or decrease in value.
beshannon is offline   Reply With Quote
Old 7 June 2009, 05:38 AM   #16
wantonebad
2024 SubLV41 Pledge Member
 
wantonebad's Avatar
 
Join Date: Nov 2007
Location: USA
Watch: 126600, 116500LN
Posts: 12,849
Buy T bills
__________________
"I'm kind of a big deal...
on a fairly irrelevant social media site
that falsely inflates my fragile ego"
wantonebad is offline   Reply With Quote
Old 7 June 2009, 07:13 AM   #17
mcjp6
"TRF" Member
 
mcjp6's Avatar
 
Join Date: Mar 2009
Real Name: Michael
Location: VK2 - AUS
Watch: 5513s
Posts: 7,380
Quote:
Originally Posted by lobo58 View Post
Buy a watch because you love it.
X100...
mcjp6 is offline   Reply With Quote
Old 7 June 2009, 08:31 AM   #18
icnbne
"TRF" Member
 
icnbne's Avatar
 
Join Date: Apr 2009
Real Name: J
Location: Brisbane
Watch: Rolex Omega Seiko
Posts: 1,562
imagine buying a watch you dont particularly like just for investment..

if you want money, go buy shares, or some land
heck, even paintings are a far better option
icnbne is offline   Reply With Quote
Old 7 June 2009, 08:32 AM   #19
newrolexman
"TRF" Member
 
newrolexman's Avatar
 
Join Date: Oct 2007
Location: FL
Posts: 1,081
If I had a few bucks to invest now:

Deep seas at $7,000

SD's at $4000


I ve seen big discounts on both in the last several months.

I d buy them new and put them away for a few years.

I bet they would appreciate in value as the economy recovers.

just my opinion of course
newrolexman is offline   Reply With Quote
Old 7 June 2009, 09:25 AM   #20
lm21
Member
 
Join Date: Apr 2009
Real Name: Mark
Location: DFW
Watch: Breitling+Rolex
Posts: 216
My $.02...

...look at stocks instead...
lm21 is offline   Reply With Quote
Old 7 June 2009, 09:53 AM   #21
snow_rocks
Banned
 
Join Date: Feb 2009
Real Name: Rick
Location: At what TIME?!!!
Watch: the SKY tonite!
Posts: 3,225
Icon6 Get Lucky at an ESTATE SALE!

My advice, Right place, right time! Palm Beach, Fla pawn shops a couple of months ago. If your not going to wear it, don't buy it, unless you get a legit Rolex at an insane price!
snow_rocks is offline   Reply With Quote
Old 7 June 2009, 11:35 AM   #22
Ed Rooney
"TRF" Member
 
Join Date: Aug 2007
Location: Annapolis, MD
Watch: Sea-Dweller 16600
Posts: 5,081
10K in GE stock will buy you several Rolex in a year or two. Just don't fatfinger the order and buy GM.
Ed Rooney is offline   Reply With Quote
Old 7 June 2009, 12:31 PM   #23
newrolexman
"TRF" Member
 
newrolexman's Avatar
 
Join Date: Oct 2007
Location: FL
Posts: 1,081
Siri at 5 cents a share 3 months ago was a great buy.

it went up to 40 cents (8x).

Satellite radio is here to stay. Too much invested for a bankruptcy.

If it goes back to .10 I am in again for another ride up.
newrolexman is offline   Reply With Quote
Old 7 June 2009, 01:04 PM   #24
Wildwing
"TRF" Member
 
Wildwing's Avatar
 
Join Date: Dec 2007
Location: Virginia, USA
Posts: 593
If it's an investment you're looking for, I recommend a good tax free bond fund. Watches, especially brand new, do not appreciate.
Wildwing is offline   Reply With Quote
Old 7 June 2009, 01:19 PM   #25
Colnago
"TRF" Member
 
Colnago's Avatar
 
Join Date: Apr 2009
Real Name: Bill Hart
Location: Richmond, NY, UK
Watch: Rlx=3, Tdr=3, Om=3
Posts: 3,053
The romantic in me says "I 'invest' in my watches for future generations of my own family to enjoy and to remember their former 'guardians' by"....not for future monetary gain.....however the realist in me says "if the s&^t really hits the fan, they could just save my skin for a few months"......I don't buy to sell, I buy to keep when it comes to watches, they are just too personal for me to sell
__________________
Bill
"There's only three kinds of people in this world....those that can count....and those that can't"
TRF's "JJ's" Bar & NightClub Patron
Colnago is offline   Reply With Quote
Old 7 June 2009, 01:41 PM   #26
springer
2024 SubLV41 Pledge Member
 
springer's Avatar
 
Join Date: Apr 2008
Real Name: jP
Location: Texas
Watch: GMT-MASTER
Posts: 17,308
Quote:
Originally Posted by zray View Post
Hi - was wondering if i could get some advice from the many experts on this site. I am looking to buy a couple of Rolex watches as a long term investment. Which models do you think will be sought after and are likely to appreciate over time? Appreciate any advice that I can get. Thanks.
My next pick for the collector Rolex models to take-off and stand to appreciate the most are the ...Tudor big-block chronos. Although the Tudor model is not a Rolex, we all know their lineage to Rolex and the 1980's vintage chrono models, complete with booklets, warranty paper and accessories should bring the best return for these models. A complete package now runs about $4000 to $4500.

Many of the vintage Rolex models have already taken-off for the moon, so Paul Newman Daytonas, and the "reds" will appreciate the least. My pick for a Rolex would have to be Zenith movement Daytonas, but I strongly believe the Tudor chronos will appreciate substantially more than the Zeniths.

Save this post, the Tudor chronos will come on strong.
__________________
Member of NAWCC since 1990.

INSTAGRAM USER NAME: SPRINGERJFP
Visit my Instagram page to view some of the finest vintage GMTs anywhere - as well as other vintage classics.
springer is online now   Reply With Quote
Old 7 June 2009, 02:12 PM   #27
Imtiaz
Banned
 
Join Date: Aug 2008
Real Name: De
Location: Tokyo
Watch: Daytona, Sub, DS,
Posts: 1,046
Time to buy

Quote:
Originally Posted by 2careless View Post
Stop kidding yourself. Those pieces are already inflated at or near top of their prices. You buy them now and you're just fulfilling the "investments" of traders. There is no upside.
Pre August 2008 I would have agreed with you.

Not today.

The Paul Newman is down by 20% to 25%

The Steve McQueen is available for $13,000.

These are bargains.

Price increase in a year or two can be anticipated.

Imtiaz is offline   Reply With Quote
Old 7 June 2009, 02:21 PM   #28
nylawbiz
Member
 
Join Date: May 2008
Real Name: Brian
Location: New York
Watch: too many
Posts: 705
Quote:
Originally Posted by Colnago View Post
The romantic in me says "I 'invest' in my watches for future generations of my own family to enjoy and to remember their former 'guardians' by"....not for future monetary gain.....however the realist in me says "if the s&^t really hits the fan, they could just save my skin for a few months"......I don't buy to sell, I buy to keep when it comes to watches, they are just too personal for me to sell
Here here, my good man!
nylawbiz is offline   Reply With Quote
Old 7 June 2009, 03:30 PM   #29
TurboWatch
"TRF" Member
 
Join Date: Jun 2009
Location: NorCal
Posts: 1,641
Watches and jewleries are NEVER good investments

$1000 in MSFT in the early 90's would bring you a bit over $1,000,000.00 before the correction in the stock market. Buy the watch because you like and will wear it.
TurboWatch is offline   Reply With Quote
Old 7 June 2009, 04:40 PM   #30
stevemulholland3
Banned
 
Join Date: Dec 2007
Real Name: steven
Location: tampa bay
Watch: 1680 18k sub
Posts: 6,672
vintage vintage vintage... another rolex to look at for investment is VINTAGE..
oh yeah,and dont forget vinatge rolex..the sports models will always do well..ALWAYS!
and john,I agree,the tudor chronos are taking off like 747's!!
just last year I was buying them 1500 to 2k..most have doubled in that short time-span..
stevemulholland3 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Asset Appeal

Wrist Aficionado

DavidSW Watches

Takuya Watches

My Watch LLC

OCWatches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.