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Rolex and other watches as a form of investment diversification?

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  • honestly. i think the market is transitional and soft right now. the GMT 2C is stabilizing but demand is definitely there. while the SD is some how getting cheaper cos everybody seems to be releasing it. it'll only be a couple of months before SD prices shoot back up again.
    Wishlist:
    1. AP Grand Prix Carbon
    2. Corum Bubble Skeleton
    3. IWC Big Pilot Perpetual Calendar Rose Gold
    4. Ulysses Nardin Freak Cruiser
    5. Richard Mille RM 11 Rose Gold

    (Dream only)

    Comment


    • Some people are also dumping watches

      Originally posted by shima View Post
      honestly. i think the market is transitional and soft right now. the GMT 2C is stabilizing but demand is definitely there. while the SD is some how getting cheaper cos everybody seems to be releasing it. it'll only be a couple of months before SD prices shoot back up again.
      because of bad financial times.

      I was at Bezel the other day, saw Panerai 127, 249, Lange, IWC Chronos etc.

      Normally some of these are hard to find, but now good pieces are appearing. Unfortunately, the owners are still asking high prices despite the market softening....

      So no durian yet. hahaha

      Comment


      • Originally posted by Reborn View Post
        but my view has changed since 3 years ago after got overcharged twice. Some ADs really think we are "carrot heads". It's ok to buy from reputable grey dealers, so long as papers properly stamped and marked. And the dealer must have good reputation lah.

        I walked into one AD just last week, and asked about a Deepsea they had. The salesman tried to bull**** me about how price is very stiff at 17k and very hard to find, but we all know the Deepsea is already appearing at shops and dealers are asking for 14.5k to 14.9k.

        After trying to bull**** me on price, the guy went on to bull**** me on how he just sold the last piece, and that "he can try for me" if I really want one. Alamak, very poor conmen skill lah. But makes me feel the fella is really very dishonest. :-)

        Anyway, a BNIB SD around late 7k or at 8k flat should be ok to buy I think. But 9k is ridiculous!
        I agree. I went searching ard after my regular SE from a reputable AD in paragon left. Now the same AD (despite I had bought many items from them before) quoted prices well above many other ADs. the SE started telling stories of how popular the items (I was checking on SS and rose gold daytona) were and how much premium he has sold them for.

        hmm, maybe I should a wait a little longer for the SD? have yet to see any BNIB at your mentioned price here.

        Comment


        • Originally posted by sunzhi View Post
          I agree. I went searching ard after my regular SE from a reputable AD in paragon left. Now the same AD (despite I had bought many items from them before) quoted prices well above many other ADs. the SE started telling stories of how popular the items (I was checking on SS and rose gold daytona) were and how much premium he has sold them for.

          hmm, maybe I should a wait a little longer for the SD? have yet to see any BNIB at your mentioned price here.
          Check out our garage....we have a few seller at ard 7.5k-7.8k..dun go more than 7.5k IMO.

          Good luck bro Anyway...SD and DSSD prices are dropping gradually...be patient..that's wad i would say


          Sometimes forgotten, but always contactable. Darkangel (2007-2014)

          Comment


          • Originally posted by sunzhi View Post
            I agree. I went searching ard after my regular SE from a reputable AD in paragon left. Now the same AD (despite I had bought many items from them before) quoted prices well above many other ADs. the SE started telling stories of how popular the items (I was checking on SS and rose gold daytona) were and how much premium he has sold them for.

            hmm, maybe I should a wait a little longer for the SD? have yet to see any BNIB at your mentioned price here.
            time to change ADs??

            Originally posted by Darkangel View Post
            Check out our garage....we have a few seller at ard 7.5k-7.8k..dun go more than 7.5k IMO.

            Good luck bro Anyway...SD and DSSD prices are dropping gradually...be patient..that's wad i would say
            if buy here, should go and take a visit to the same SA and show him that a business opportunity lost. nothing ticks off a customer more than bull****ing........
            [U]Currently wearing[/U]:
            [SIZE="1"]TT Datejust with diamond dial - sold!
            Blue 6694
            Seiko SD-lookalike[/SIZE]
            [U]"My collection"[/U]:
            [SIZE="1"]Blue 6694; TT DJ w diamond dial.[/SIZE]

            Comment


            • As there is only a few ADs here and due to the pent up demand for certain Rolex models, e.g. SD, Daytona, LV, GV Milgauss and the Subs, it is extremely difficult for us to bargain on the price. The ADs attitude seem to be take it or leave it. Bargain some more and they will advise you to get a lower end DateJust or Air King. Some will show black face and start to be sarcastic and some of the elderly saleswomen may even start ranting off some motherhood statements. If you are really interested to save some money, maybe you can go to countries like Australia or New Zealand, where the currencies are now soft and economy is not as good as Singapore's. If less of us buy from the ADs here, then the glimmer of hope of buying at a lower price will get brighter.

              Comment


              • yup, bought frm different AD. have told thm i wasnt going to reveal what i got from other AD as tht won't be fair and asked thm to give me their best. obviously it wasn't good enough, their price (for daytona) is $1k+ more.

                can get BNIB SD at $7.5k? wow, guess have to search ard more. tks anyway..

                Comment


                • If at the moment you want to buy a watch as an investment diversification rather than a jewellary to enjoy, I would say Panerai is munch more have potential to gain rather than Rolex

                  Comment


                  • oh... which model?

                    Originally posted by paijo View Post
                    If at the moment you want to buy a watch as an investment diversification rather than a jewellary to enjoy, I would say Panerai is munch more have potential to gain rather than Rolex

                    Comment


                    • Agreed, but you need to choose carefully and

                      Originally posted by paijo View Post
                      If at the moment you want to buy a watch as an investment diversification rather than a jewellary to enjoy, I would say Panerai is munch more have potential to gain rather than Rolex
                      buy at right price. If you choose 292 and pay 26k SGD for it, then I think very hard to gain because you would have paid double of list price.

                      Comment


                      • Daytona..investment value?

                        Hi all,

                        I am new here....just want to know why people say that Daytona is good for investment? Is there any specific reason to that?

                        Also, Daytona got many models.....which one?

                        Thanks for any help

                        Comment


                        • daytona or any other watches are never good for investment. why? because watches are not investment tools.

                          rolex prices have been steadily increasing over the years. so if you buy it @ 12k in 2000. now you can probably resell it for maybe 13k? if this is what people call as investment, then it is.

                          the SS models are more sought after and hence demand for it is stronger compared to the non SS models. however, this is because of what people buying currently and in the past. what if suddenly all buyers prefer non SS models? the price of SS will fall.

                          you can see and make decision for yourself.
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                          disclaimer : all opinions expressed are personal

                          Comment


                          • My usual reply to this kind of question is that if you are buying any kind of decent luxury watch, it is best to go with a Rolex as it is more easily trade-able than other brands.

                            Now within the Rolex range of watches, if you are looking at something more biased towards an investment, then either you have to look at the limited edition models or go for a vintage limited edition. Unfortunately, these days Rolex seldom do "limited editions".

                            If you are still keen on staying with the Daytona, then you would have to expect to hold onto the watch for at least 10 years or so to ensure you haven't lost any money.

                            Comment


                            • as for me (speaking for myself only har) I would go for the 18K gold wif black facing datona as an investment... as recently gold price going up!!! and if...i mean if... theres a war.... silver is worthless compare to gold!!!!;p
                              Wei...give chance leh... Iam just a newbie...:red:

                              Comment


                              • for investment? naa. dont bother! unless you are buying at 2-3k, and selling at full price. but if you buy at market price; and sell at market price, you're better off investing your money into something else.
                                [U]Currently wearing[/U]:
                                [SIZE="1"]TT Datejust with diamond dial - sold!
                                Blue 6694
                                Seiko SD-lookalike[/SIZE]
                                [U]"My collection"[/U]:
                                [SIZE="1"]Blue 6694; TT DJ w diamond dial.[/SIZE]

                                Comment

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