Originally posted by Ymc
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What watch model to invest in 2013 ?
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If the watch is for investment, you probably cannot wear it. Isn't it the worst feeling that you have the most valuable piece but u cannot wear it cos once u do the value goes down?
So just buy what you like, wear it the way you like it and when you like it. If value goes up, bonus for you.
Cheers
Sometimes forgotten, but always contactable. Darkangel (2007-2014)
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Originally posted by Darkangel View PostIf the watch is for investment, you probably cannot wear it. Isn't it the worst feeling that you have the most valuable piece but u cannot wear it cos once u do the value goes down?
So just buy what you like, wear it the way you like it and when you like it. If value goes up, bonus for you.
Cheers
Cannot agree more with DA.Body Of Fat, Heart Of Gold.
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Originally posted by Darkangel View PostIf the watch is for investment, you probably cannot wear it. Isn't it the worst feeling that you have the most valuable piece but u cannot wear it cos once u do the value goes down?
So just buy what you like, wear it the way you like it and when you like it. If value goes up, bonus for you.
CheersJust another small small small small watch user ....
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if you seek 'investment' in watches, never get brand new pieces direct from ADs
the AD's margin of rolex is as high as 40% of retail price
the margin for other brands of similar tier eg omega, breitling, cartier are higher about 50-60%
lower tier brands like longines, tag heuer, oris, fortis, seiko are much worse, margin is as high as 70-80%
that's why resale value of these low tier brands are so bad (usually ~1/3 of retail price)
like cars, the first owners always lose the most
if you want 'good investment', get relatively new preown rolex (sports models typically retains value better than DJ models) in mint condition with full set paper and box
example of these are submariner, gmt2c, daytonaLast edited by skydweller_sg; 16-02-13, 12:05 PM.
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Originally posted by skydweller_sg View Postif you seek 'investment' in watches, never get brand new pieces direct from ADs
the AD's margin of rolex is as high as 40% of retail price
the margin for other brands of similar tier eg omega, breitling, cartier are higher about 50-60%
lower tier brands like longines, tag heuer, oris, fortis, seiko are much worse, margin is as high as 70-80%
that's why resale value of these low tier brands are so bad (usually ~1/3 of retail price)
like cars, the first owners always lose the most
if you want 'good investment', get relatively new preown rolex (sports models typically retains value better than DJ models) in mint condition with full set paper and box
example of these are submariner, gmt2c, daytona
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New: only limited Patek complication will go up
Used: Rolex over 4-5 yrs will not lose value (except TT, Milgaus). Vintage Rolex sport (1610, 16800, etc) will go up
Every other used watch is a guess as they do not have adequate after-market. Preowned Rolex is the closest thing to cash. AP, Patek, VC may sell for higher but the price spread is huge.Rolex Sub 16610
Rolex Explorer 14270
Rolex Yacht-Master 16622
Rolex DJ 116200
Patek Philippe 3820R
It's hard to be a married watch collector
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Now SGD is all time strong so cheaper to buy watch to invest.
Any of these used professional SS Rolex: GMT, EX2, Sub, DSSD & Daytona just wear and keep if from any major mishaps. Few yrs down the road when other major currencies recover and SGD weakens these watches may give u signification returns.
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