Rolex and other watches as a form of investment diversification?

[Darkangel]

Both are gd...BUT! When it comes to servicing...the red sub is gonna be pretty troublesome and more expensive

[teo]

Ya quite true. You know which place got service and orginal parts replace for vintage rolex like red sub?

[Darkangel]

Ya quite true. You know which place got service and orginal parts replace for vintage rolex like red sub?

Maybe you have to ask Ohlins or Triton

[hadrian]

Stainless steel daytona or the red submariner?

SS daytona. It is the ultimate watch IMO.

[triton]

Stainless steel daytona or the red submariner?

kindly refer to this thread all the answer

[teo]

A vintage red sub is harder to get than daytona. Becos you can always go AD and pay premium and get it. but the same thing can't be say for red sub. U see them once in a blue moon at preowned shops.

[feudallordcult]

Are watches really a form of investment?

http://forums2.watchuseek.com/showthread.php?t=616

I’m going to repost this in case the “old” forum cannot be restored completely.

Rule #1: 3 things influence the value of a vintage watch: condition, condition and condition. It’s very difficult to assess condition from a photo, hence any online value estimate is a crapshoot.


Rule #2: If you have a solid gold case, add $500 US to the price assessment. If it's encrusted in diamonds and is platinum, it doesn't much matter about the watch part anyway – the scrap value will be higher unless it’s say a Rolex, Patek or Vacheron.


Rule #3: The watch is worth what a buyer will pay for it. There are price lists published, but they assume the watch has been serviced and is in running condition. Any buyer will have to deduct at least $100 US from the price list value if the watch has not been recently serviced. A watch seller will not give you more than 50% of the posted price in any case. Often eBay is the best way to get an idea of what your watch is worth.


Rule #4: Your antique watch is worth far less than you think. They are not rare, even if they are old. For instance Elgin made over 50 MILLION movements. They were built to last and be repaired so a lot of them are still around in various conditions of course. The average price for an 80 year old pocket watch is around $150 US. Of course how do you put a price on something your grandfather gave you when you were 7?


Rule #5. When it comes to wristwatches, men’s are worth more than ladies’ models. Women are not as interested in old mechanical things, and the ladies’ watches are often really tiny - that’s out of fashion today. Besides, the men’s watches of the 30s and 40s are quite small and can serve as unisex pieces. So ladies, go ahead and wear Dad’s old Bulova if you want.


Rule #6: Watches stink as an investment. I bought an 1883 keywind Hampden in 1978 for about $100 US. It's value today? Maybe $175 US. I'm not going to retire on those types of returns. It's a great watch though.

Rule #7: When in doubt, refer to Rule #1.

End of the day, we must be happy with owning & wearing the watch. For those who treat it as a form of investment, there's always the share market but then again, share trading can be suspended and one would end up with nothing but worthless paper.

What do you guys think?

[teo]

It really depends on your luck I think. If you bought a red sub or double red sea dweller or paulman daytona or orange hand explorer2 it will be very different. But of all watches rolex still hold their value best.

[minusplus]

Investment? I choose not to associate watches with investment. Investment wise, I will say that shares, funds, and property will yield much better returns. But... You can't wear your shares on your wrist, but you can wear a watch!

[pet]

Investment? I choose not to associate watches with investment. Investment wise, I will say that shares, funds, and property will yield much better returns. But... You can't wear your shares on your wrist, but you can wear a watch!

Yup .. maybe will classify it as hobby, collection, men's accessories etc. As for investment, yup, other yield better return.

I think most of us ( on aveage ) will not make any $$, unless u r a watch trader ...

[paithorn]

I view my watch purchases as an indulgence...never an investment...

[paithorn]

And for the record, I have never made any money for my watches...Rolexes or not... it is always a question of how much I lose....never the other way round....

[3xtra]

And for the record, I have never made any money for my watches...Rolexes or not... it is always a question of how much I lose....never the other way round....

yes, i share the same sentiments.

if u want investments, there r other instruments which can give better returns.

watches are a hobby to me, a fascination that captivates the mind. if u r really lucky, ur hobby can give u nice returns. but the next qn will be r u willing to part ur favourite watch in exchange for $$?

[minusplus]

Looking at how some luxurious watch brands increase their prices, actually IF one pick the right pieces, and releases them at the right time, there may be some positive returns.

But then again, these may not be what one likes. For me, I'ld rather put the moolah in something that I think I will like for very long. Of course, if the value of the timepiece goes up, it's a plus plus

[paithorn]

if I may add.... you have to buy the right ones sell at the right time, and preferably NOT wear it........ and if you do, minimises wearing.....and if you wear, be damn careful etc etc.......... in the 1st place, might as well invest in other stuffs....