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Traveler
·I've just remembered what the graph reminded me of ... From experience though, this guy's graph is a little more accurate...
Looking to buy a new watch as a longer term investment
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Flingit1200s
·Now that's funny
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yinzerniner
·I've just remembered what the graph reminded me of ... From experience though, this guy's graph is a little more accurate...
I really don't like where this is going with all the graphs, equations, and theorizing between the peanut gallery. Next thing you know .........
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alam
·I'd say is a misnomer to use the words/phrase "new watch" and "as a long term investment" in the same sentence...
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Traveler
·A dealers take on affordability etc
https://medium.com/p/a7a84db9c9bd
"Aren't Watches Expensive"? Is the title
https://medium.com/p/a7a84db9c9bd
"Aren't Watches Expensive"? Is the title
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ffej4
·I'm going to buy some Timex pieces and when they go out of business they'll become collectibles, right?
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repoman
·I went into Tourneau in San Francisco (or "the city" as locals say), and the girl there let me try on an Explorer II 16570. They wanted $5400 for it... Which seems high.
Anyway, I guess Tourneau will no longer be carrying Omega!
Yes, that's high for an Exp II. I'm going to sell my 16570, polar, excellent condition for $4100 (that's what I bought it for in mid 2014) which is about the going rate for one in excellent condition w/ box & papers. PM me if you want it, when I get some time I'm going to post it for sale on the OF and TRF ;-)
As for the graph, it is a conversation starter! Watches are funny things, who's to say which ones will go up, or down, and at what point in time. Macro economics can also influence what is happening, hell, simple temporary demand can spike things up or knock prices down. I'm definitely not smart enough to buy/sell watches for profit, I just buy what I like and try not to worry about it, except when my wife looks at me funny, then I say what a savvy investment my latest acquisition will be in the future (with a straight face even!) 👍
Edited:
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Impondering
·Jeff Foxworthy on investing:
"Sophisticated people invest their money in stock portfolios. Rednecks invest our money in commemorative plates."
Or barbed wire and watches!
"Sophisticated people invest their money in stock portfolios. Rednecks invest our money in commemorative plates."
Or barbed wire and watches!
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alam
·The story of Bob, may be an exception - of course that is, if his story is not an urban legend. ☕
http://www.tomsguide.com/us/rolex-submariner-superman-christopher-reeve,news-9311.html
http://www.digitaltrends.com/computing/9-95-james-bond-rolex-sells-for-66100-on-ebay/
http://www.tomsguide.com/us/rolex-submariner-superman-christopher-reeve,news-9311.html
http://www.digitaltrends.com/computing/9-95-james-bond-rolex-sells-for-66100-on-ebay/
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lenny
·No, the Bob story is true - I remember it unfolding on the forums. These things happen every once and a while, typically with a Rolex milsub that may or may not be genuine.
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Peitron
·Watches are expenditures, not investments.
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ikeo1
·I like reading about those hidden gems. Too bad when we try to make these "investments" it's usually whatever is most popular now. As long as you aren't in debt for a purchase you'll be in the black, the rest is depreciation through wear.
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MikiJ
·If This is out of line - please erase.
There appears to be a really nice unpolished DON 145.022-69 on anothe forum for about $500.US more than his budget. If it's as good as it looks, then he might reach a little.
There appears to be a really nice unpolished DON 145.022-69 on anothe forum for about $500.US more than his budget. If it's as good as it looks, then he might reach a little.
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yinzerniner
·If This is out of line - please erase.
There appears to be a really nice unpolished DON 145.022-69 on anothe forum for about $500.US more than his budget. If it's as good as it looks, then he might reach a little.
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MikiJ
·I can't see why not; the board encourages Ebay finds, and the seller is recognized as one of the good guys. Also, his price is not firm, so the $500 spread might be less. I can't see why someone wouldn't try to land it.
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yinzerniner
·I really don't scan eBay as often as other sites. Thus I found this same watch on TZ. Either way, I think this would be a terrific new/old watch that may have some future investment upside.
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Canuck
·Take into account the buying power of the dollar (₽ ¥ € £ ₩, whatever) today, and compare it to the buying power 30 years ago! Buy a watch today for $2,500.00 and sell it for $5,000.00 in 30 years time (should you be so lucky), and you've about broken even! A highly unlikely scenario! And at that, it would have to be virtually NOS! if you can't derive pleasure from watching the watch (possibly) appreciating in value, you may as well derive pleasure out of wearing it! I have one watch in my collection that would defy the above formula. Watches are an investment in pleasure, and arguably, a necessity. And that is it as I see it.
