Hi,

I’m new to the site,

I bought a 1957 60th anniversary Railmaster last month as a bit of an investment, completely unworn.

I’m curious to know the value, and if I’m going to have trouble selling it this soon.

Any help would be appreciated, thanks,

Dan

 

Depends on what you paid. If full RRP then if you need to sell in the short term you will lose around 30% of your outlay. They may firm eventually but haven't done so yet. The RM is the weakest of the 3 but all 3 varieties trade notably under the original RRP. I speak as an owner of the other 2 so take no joy in imparting this negative view!

 

Yes these are still sitting in the window of many AD's, so I'm sure by now a substantial discount would be available if purchasing new, which will have an effect on the selling price of a used example.

 

I sold one about 3 months ago. For like 4500 usd here on the forum. To give you an idea of market price today.

 

Ironically, you would have been better off buying bitcoin. It's up 30% since last month. Investing in modern watches is not the best way to "invest" unless you are already getting it significantly below market value like what @Noles_88 said he sold his for...

 

It has it on the Omega website for £5210, whether it’s even still available I don’t even know if this is the price it is selling for new from dealers.

I bought it from a guy who bought it in 2017 for £4200, I paid less than this for it.

Ideally I just wanted to make a few hundred pounds profit, move onto the next one, ideally one I can wear for a bit as I don’t want to spoil the ‘unworn’ advantage of this one.

But maybe I’m going to have trouble selling it!

 

Watches are not an investment. They are a tool for telling time and occasionally jewelry. I would recommend against buying it for investment purposes/potential flipping...you'll likely just end up disappointed and miss out on the fun of the hobby itself thinking about wear/tear and future value.

 

It will sell at the right price.

 

Yes I understand this, but anything can be an investment, I had the opportunity to get one of my favourite watches at a good price knowing they appear to sell for a lot more. So it meant I get to temporarily own it and possibly make money from it.

I have plenty of other watches I own for the hobby and I’m not going to be making a habit from flipping watches I just wanted some opinions on its value.

 

I think this is the watch you're referring to. Not a very good investment, unfortunately.

https://www.rolexforums.com/showthread.php?t=673582&highlight=railmaster

Edit: Wrong Railmaster. So NEVER MIND.

 

Well, not quite everything- I would not open an ice cream shop in Alaska
On a more serious note, the railmaster is the weakest of the three but, in my opinion it will prove to be a future classic and prove to be an investment but you would have to wait several years.
Very few watches can make immediate money as flippers and only if you buy them on list price, for example a Rolex gmt, a pp nautilus.
My 2 cents
Cheers

 

Thanks for the reply’s, I’ll hold onto it for a while!

Maybe even end up on the space edition of antiques roadshow after the big war.

 

I saw one sold recently (mint, full set) for $4000

 

I know that Chrono24 is not a 100% reliable source of pricing info, but the overall trend below shows that pricing on the Railmaster 60th has started to bottom out. It might be a good time to buy.

 

At least I’ve bought at the right time! I’ll have to hold onto it for a while it seems!

 

I use mine to tell the time. Good luck with your investment.

 

I would love to wear it, but it’s unworn so I don’t want to take away from the condition.