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ibis888
·OP - where did you end up on your submariner journey?
5513 or 14060 for a first Sub ?
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AG77
·If I were a betting person I'd say he landed on an early 90's 14060 with tritium. Good mix of practicality and vintage appeal. That's what I would get (and plan to at some point).
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ibis888
·The 14060 seems like a great sweetspot.. relatively low price (the least expensive sub you can buy?), a touch of vintage charm, modern features.
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Davidt
·I think 14060’s have now overtaken 16610’s in value
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AG77
·Let me ask a [stupid] question but how many of you would feel comfortable taking a 1990 14060 on a beach vacation, in and out of the water snorkeling? On one hand it's a Submariner, built for this and MUCH more. On the other it's a 35 year old neo vintage watch.
I assume if serviced and pressure tested no issues at all? I personally love the vintage look, but would really need to take my Sub into salt water worry free. Which is a reason the older and more valuable Subs are less appealing to me.
I assume if serviced and pressure tested no issues at all? I personally love the vintage look, but would really need to take my Sub into salt water worry free. Which is a reason the older and more valuable Subs are less appealing to me.
Edited:
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Dan S
·I picked up a tritium 14060 (1991-ish, IIRC) in an auction in 2021 because I thought it would be good to have a relatively modern Sub for rainy days. Unfortunately, I bought at the peak and got an average example for $10k. I think it was probably my worst watch purchase ever in terms of overpaying. Not that I overpaid at the time, but the value has dropped so much since then.
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AG77
·It's not a bad purchase till you sell it for a loss. I have a feeling, in the end, you'll come out good here.
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southtexas
·Let me ask a [stupid] question but how many of you would feel comfortable taking a 1990 14060 on a beach vacation, in and out of the water snorkeling? On one hand it's a Submariner, built for this and MUCH more. On the other it's a 35 year old neo vintage watch.
I assume if serviced and pressure tested no issues at all? I personally love the vintage look, but would really need to take my Sub into salt water worry free. Which is a reason the older and more valuable Subs are less appealing to me.
1) Sapphire crystal vs. acrylic
and
2) if something does go bad, era-correct replacement parts for a 14060 are substantially cheaper/easier to source than parts for, say, a matte dial 5513
I picked up a tritium 14060 (1991-ish, IIRC) in an auction in 2021 because I thought it would be good to have a relatively modern Sub for rainy days. Unfortunately, I bought at the peak and got an average example for $10k. I think it was probably my worst watch purchase ever in terms of overpaying. Not that I overpaid at the time, but the value has dropped so much since then.
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bananapeanut
·I was doing some quick math today and realized that the price of Submariners hit a historic low this year.
In June 1997, while gold averaged $340/ounce, a brand new 14060 retailed for $2800 at Tourneau. Today, gold is at $4900/ounce, a brand new 124060 retails for $10,500.
In other words:
A Sub in 1997 cost 8.2 ounces of gold
A Sub today only costs 2.05 ounces of gold
In 2021 was the time to sell watches and buy gold. Today is the time to sell gold and buy watches. It's such no-brainer. Subs at historic low people !!!! The price of 5513s drives me insane. So many unbelievable deals even on eBay. Watches are cheap right now, very cheap.
In June 1997, while gold averaged $340/ounce, a brand new 14060 retailed for $2800 at Tourneau. Today, gold is at $4900/ounce, a brand new 124060 retails for $10,500.
In other words:
A Sub in 1997 cost 8.2 ounces of gold
A Sub today only costs 2.05 ounces of gold
In 2021 was the time to sell watches and buy gold. Today is the time to sell gold and buy watches. It's such no-brainer. Subs at historic low people !!!! The price of 5513s drives me insane. So many unbelievable deals even on eBay. Watches are cheap right now, very cheap.
Edited:
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Dan S
·I was doing some quick math today and realized that the price of Submariners hit a historic low this year.
In June 1997, while gold averaged $340/ounce, a brand new 14060 retailed for $2800 at Tourneau. Today, gold is at $4900/ounce, a brand new 124060 retails for $10,500.
In other words:
A Sub in 1997 cost 8.2 ounces of gold
A Sub today only costs 2.05 ounces of gold
In 2021 was the time to sell watches and buy gold. Today is the time to sell gold and buy watches. It's a such no-brainer. Subs at historic low people !!!! The price of 5513s drives me insane. So many unbelievable deals even on eBay. Watches are cheap right now, very cheap.
More importantly, whether or not you think Subs are cheap at the moment, there's not guarantee that they will go up instead of down further.
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bananapeanut
·This is obviously due to the unprecedented increase in the price of gold and is not an indication that Subs are inexpensive. A more typical analysis would use inflation to adjust $2800 in 1997 to current prices, which would be $5600, not making Subs look so cheap.
More importantly, whether or not you think Subs are cheap at the moment, there's not guarantee that they will go up instead of down further.
However, inflation numbers measured in dollar do not mean much. Remember what J.P. Morgan used to say: gold is money, the rest is credit. It's been true for thousands of years...
The seemingly unprecedented increase in the price of gold is correlated to the unprecedented depreciation of the dollar these past 5 years. The price of gold is just being re-adjusted to where it should be. The stock market pretty much doubled these past 3 years while the price of watches went down. That's another indication that we live in unprecedented times.
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YVR785
·Granted. Sub prices can definitely go down further.
However, inflation numbers measured in dollar do not mean much. Remember what J.P. Morgan used to say: gold is money, the rest is credit. It's been true for thousands of years...
The seemingly unprecedented increase in the price of gold is correlated to the unprecedented depreciation of the dollar these past 5 years. The price of gold is just being re-adjusted to where it should be. The stock market pretty much doubled these past 3 years while the price of watches went down. That's another indication that we live in unprecedented times.
Gold prices and stock market performance are not linked to watch prices. The only reasonable indicator is an inflation index, which Dan S describes above -- showing a doubling of the price of a Sub in real terms over three decades.
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Dan S
·Granted. Sub prices can definitely go down further.
However, inflation numbers measured in dollar do not mean much. Remember what J.P. Morgan used to say: gold is money, the rest is credit. It's been true for thousands of years...
The seemingly unprecedented increase in the price of gold is correlated to the unprecedented depreciation of the dollar these past 5 years. The price of gold is just being re-adjusted to where it should be. The stock market pretty much doubled these past 3 years while the price of watches went down. That's another indication that we live in unprecedented times.
If you are sitting on a lot of gold, ... congrats, well done. But your analysis in terms of gold suggests that the price of everything is cheap at the moment, and I'm not sure how that is helpful
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Bor
·0
If serviced and pressure tested, I would take any 14060 snorkeling (though rinse with fresh water after your tropical dip).
Let me ask a [stupid] question but how many of you would feel comfortable taking a 1990 14060 on a beach vacation, in and out of the water snorkeling? On one hand it's a Submariner, built for this and MUCH more. On the other it's a 35 year old neo vintage watch.
I assume if serviced and pressure tested no issues at all? I personally love the vintage look, but would really need to take my Sub into salt water worry free. Which is a reason the older and more valuable Subs are less appealing to me.
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Bor
·I picked up a tritium 14060 (1991-ish, IIRC) in an auction in 2021 because I thought it would be good to have a relatively modern Sub for rainy days. Unfortunately, I bought at the peak and got an average example for $10k. I think it was probably my worst watch purchase ever in terms of overpaying. Not that I overpaid at the time, but the value has dropped so much since then.
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Bor
·In my Rolex collection I have a 5513 (1987), 14060 (1995) and a 16600 (2003).
I tend to wear the Sea Dweller the most, for I like the thick case.
The 14060 I like the look with a nato-strap.
Might will sell the Subs in future and hunt for a Daytona.
I tend to wear the Sea Dweller the most, for I like the thick case.
The 14060 I like the look with a nato-strap.
Might will sell the Subs in future and hunt for a Daytona.
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watch3s
·eh when i rebought mine back in november, i thought i got a decent deal, but tariffs ended up getting me as the seller used dhl. but its what it is. im tired of hunting and just want the watch back in the collection. suppose its all relative and in the big scheme of things
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Dominique
·If I were a betting person I'd say he landed on an early 90's 14060 with tritium. Good mix of practicality and vintage appeal. That's what I would get (and plan to at some point).
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