Diamond or Watch? Which is better in holding its value?

[cookie`]

Hihi,

Was looking at rolex watches at Marina Bay Sands few months ago and came across this Datejust Lady 31 (178384) with diamonds surround the case, broze dial with VI set with diamonds. Also another Datejust Lady 31, mother of pearl face with diamond surrounds the case (prefer this but can't remember the model no). Think retail around $16k - $18k after discount.

Some friends suggest why not get a diamond instead as diamond value is going to increase and watches need servicing etc...

Kind of heartache getting new watches but yet can't seem to find pre-owned for these two watches as AD claim 178384 is a very new model. Anyone know what is the list price for these two watches now? and how much discount can I get?

[116520]

-15%

-If you have $16-$18k for investment, neither watch nor diamond is an investment but both should keep at least 70% of its value in short term, breakeven if long term. You are a risk-taker, you should invest in stock or go to one of our casino....

[Darkangel]

Agreed.
Unless you are some dealer that buys sells, watch or diamond are both not consider investments.
They are luxury items to fulfill one's quest in self actualization.

Talking about diamonds vs watches, it's funny why i had to ponder so long to buy a $30k+ watch for myself and yet can so willingly buy a $30k+ diamond ring for my ex girlfren. Seems like i hv been treating myself unfairly....

That I must agree, both are not good investments in terms of making money but are decent inholding it's value. Watches are better compared to diamonds if you are taking at buying both brand new at retail lvl.

Heh, I guess for the special someone of yours it didn't take too long to say yes to buying her something she likes.

[cookie`]

Thanks 116520, Throttle and Darkangel for your reply.

Ha. Stocks ...didnt fare well on it and don't think will have much luck on casino. Understand both diamond and watch are not meant for investment, just wonder if one day am going to sell it, which can hold its value more.

Yeah, when you really like someone, you just want her to be happy then.

Watch hold better value if buy from AD?

[116520]

That one I don't agree with you. If you're buying at retail, meaning that you are buying at retail price for watch (I assume Rolex here) and for diamond case at Rapaport price? If you're buying a daytona at retail price or a ideal cut diamond at rapaport price, both can hold its value well. If you're buying a 2-tone datejust at retail price or a fair cut diamond at rapaport price, both cannot hold its value well....

OT a bit, book out already huh? have a nice weekend....

That I must agree, both are not good investments in terms of making money but are decent inholding it's value. Watches are better compared to diamonds if you are taking at buying both brand new at retail lvl.

Heh, I guess for the special someone of yours it didn't take too long to say yes to buying her something she likes.

[Dfive]

Well a $16-18K ring at retail only costs the jeweler some $5.5K-6.8K..... so you can see the margins are ridiculess at retail.

Property, Stocks, or Australian Pre-decimal Banknotes will give you a 8-25% return in less than 10 years.... you decide.

[116520]

You sure or not???

$5.5k cost sell at $16k??? So good profit meh??? You are a jeweller??? Where you get that figure???

Well a $16-18K ring at retail only costs the jeweler some $5.5K-6.8K..... so you can see the margins are ridiculess at retail.

[Dfive]

You sure or not???

$5.5k cost sell at $16k??? So good profit meh??? You are a jeweller??? Where you get that figure???

Markups on jewelry are all about 250-300% You see all those lower class stores advertising " 80% OFF " Yup it's all BS.... they still make a killing. !!

[Darkangel]

That one I don't agree with you. If you're buying at retail, meaning that you are buying at retail price for watch (I assume Rolex here) and for diamond case at Rapaport price? If you're buying a daytona at retail price or a ideal cut diamond at rapaport price, both can hold its value well. If you're buying a 2-tone datejust at retail price or a fair cut diamond at rapaport price, both cannot hold its value well....

OT a bit, book out already huh? have a nice weekend....

I stand corrected on that part, but....not many can get daytonas at list price though your scenario don't come by that very often hahaha.

Hehe, not yet lah I m surfing on my BB. I m usually online everyday but sometimes I don't log in or I don't reply cos it's damn irritating to use BB and post on sgroc.

[breitling77]

IMO, it all depends what you like, a diamond or a watch. Both are 2 different things.

A diamond is purely a jewellery. Moreover, there are different categories (4Cs) to determine it's value. It may not mean a big diamond is good, it still depends on it's colour, clarity and cutting to make it standout and preserve it's values.

A good brand watch is a mechanical timepiece, some also consider as a jewellery due to diamonds or gold material. A good branded watch serves more than just telling time. It "tells" you the movement, manufacturer's history etc. And you are right that such luxury watches require regular servicings in order for the watch to be in tip-top condition, though I guess, many people only send the watch if it's not working properly.

In terms of investment, I think both are no good. For investments to be rewarded, I think both items need many years. If you hope to reap within a few years, then I think it's quite hard.

Hope I have answered your questions. In short, I think go for what you like. To be honest, the watch (178384) that you are interested is a good timepiece. I am planning to get it for my wife too. It's a beautiful Rolex classic timepiece with the modern maxi-VI diamonds dial. It's very nice. Only thing is Rolex pricing has increased a lot over the last few years, otherwise, it should be more affordable. There are many different variants from DJ. The one I am keen is SS with full diamond bezel. I think the retail is close to $18k+. PM me if you need, I will advise from my AD to see whether how much discounts can be offered.

Hihi,

Was looking at rolex watches at Marina Bay Sands few months ago and came across this Datejust Lady 31 (178384) with diamonds surround the case, broze dial with VI set with diamonds. Also another Datejust Lady 31, mother of pearl face with diamond surrounds the case (prefer this but can't remember the model no). Think retail around $16k - $18k after discount.

Some friends suggest why not get a diamond instead as diamond value is going to increase and watches need servicing etc...

Kind of heartache getting new watches but yet can't seem to find pre-owned for these two watches as AD claim 178384 is a very new model. Anyone know what is the list price for these two watches now? and how much discount can I get?

[MsLucifer]

of coz watch over diamond, not that either makes good investment options.

[116520]

I agreed with you... =D

IMO, it all depends what you like, a diamond or a watch. Both are 2 different things.

A diamond is purely a jewellery. Moreover, there are different categories (4Cs) to determine it's value. It may not mean a big diamond is good, it still depends on it's colour, clarity and cutting to make it standout and preserve it's values.

A good brand watch is a mechanical timepiece, some also consider as a jewellery due to diamonds or gold material. A good branded watch serves more than just telling time. It "tells" you the movement, manufacturer's history etc. And you are right that such luxury watches require regular servicings in order for the watch to be in tip-top condition, though I guess, many people only send the watch if it's not working properly.

In terms of investment, I think both are no good. For investments to be rewarded, I think both items need many years. If you hope to reap within a few years, then I think it's quite hard.

Hope I have answered your questions. In short, I think go for what you like. To be honest, the watch (178384) that you are interested is a good timepiece. I am planning to get it for my wife too. It's a beautiful Rolex classic timepiece with the modern maxi-VI diamonds dial. It's very nice. Only thing is Rolex pricing has increased a lot over the last few years, otherwise, it should be more affordable. There are many different variants from DJ. The one I am keen is SS with full diamond bezel. I think the retail is close to $18k+. PM me if you need, I will advise from my AD to see whether how much discounts can be offered.

[116520]

not many Idea cut diamonds are selling at rapaport price, most of them are selling at premium. So it all depends on what you're buying. If you buy rubbish, don't think of selling it later...

I stand corrected on that part, but....not many can get daytonas at list price though your scenario don't come by that very often hahaha.

[116520]

Yes. You're right. I think the minimium requirement for an investment is to beat inflation. For an investment, you can either lose $$$ or make $$$ unless it is capital secured. So if you're looking at this way, buying a Daytona SS is not a bad idea as Rolex retail prices go up every year and at least it is "$12k" secured. Looking at the vintage daytona, you might make big $$$ 30 years later (better than putting $$$ in CPF).... ha ha...

i think there is a confusion between "investments" and "hold value."

I will not consider a watch or diamond as investment becos i cant afford the $500k watch or $3mil diamond which will have true investment value. but the watches and diamonds I buy do hold value pretty value.

So before we continue, maybe we can be in line with our understanding.

Generally, watches and diamonds dont make for investments but they do hold their value fairly well.

Investments are more for making money, hold value is more for not losing money.
they do kinda overlap but there is a difference.

cheerios

[cookie`]

My hubby seems to prefer getting a watch to diamond too. Do you know what's the other model without the VI set with diamonds but mother of pearl face? Remember both pieces around the same price.

Sorry... what's SS?

Will pm you soon on how much discount can be offered, maybe getting it in April or July. Thanks!

IMO, it all depends what you like, a diamond or a watch. Both are 2 different things.

A diamond is purely a jewellery. Moreover, there are different categories (4Cs) to determine it's value. It may not mean a big diamond is good, it still depends on it's colour, clarity and cutting to make it standout and preserve it's values.

A good brand watch is a mechanical timepiece, some also consider as a jewellery due to diamonds or gold material. A good branded watch serves more than just telling time. It "tells" you the movement, manufacturer's history etc. And you are right that such luxury watches require regular servicings in order for the watch to be in tip-top condition, though I guess, many people only send the watch if it's not working properly.

In terms of investment, I think both are no good. For investments to be rewarded, I think both items need many years. If you hope to reap within a few years, then I think it's quite hard.

Hope I have answered your questions. In short, I think go for what you like. To be honest, the watch (178384) that you are interested is a good timepiece. I am planning to get it for my wife too. It's a beautiful Rolex classic timepiece with the modern maxi-VI diamonds dial. It's very nice. Only thing is Rolex pricing has increased a lot over the last few years, otherwise, it should be more affordable. There are many different variants from DJ. The one I am keen is SS with full diamond bezel. I think the retail is close to $18k+. PM me if you need, I will advise from my AD to see whether how much discounts can be offered.