WatchVaultNYC
·So, what did we decide? SS>Precious Metal or SS<Precious Metal or SS≤Precious Metal?
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So, what did we decide? SS>Precious Metal or SS<Precious Metal or SS≤Precious Metal?
So, what did we decide? SS>Precious Metal or SS<Precious Metal or SS≤Precious Metal?
That this is a thread that's not going anywhere?
....Personally if I had a choice between a solid gold or a stainless steel Rolex 5513 or even a Speedmaster 2915 for that matter, and the price was exactly the same I would choose the stainless watch because IMO it looks better. Ironically in most cases, the gold version is actually worth less today for this very reason. But beauty is in the eyes of the beholder.
50 years from now, it may be all about gold watches and all these overpriced stainless sports watches will be worthless.
Greg nails it here...bottom line is that men prefer steel watches over precious metal. The higher demand for steel watches will set the price accordingly high as opposed to the lower demanded gold/precious metal timepiece.
Cheers,
Only time will tell if these watches prove to be a better 'investment' over time then the stainless steel versions.
True. But so far, time has told us that gold watches fare less well. I have a solid gold ladies' DeVille (with integrated 18k bracelet) that I recently looked up in a 1970s catalogue. Back then, I could've bought almost 5 Speedmasters for what it costs. Today, its gold value might cover an original bracelet for one.
One isolated incident among thousands of watches that depreciate tremendously, and only because fanaticism latched on to the Speedmaster. A better comparison would be the original cost versus current value of the same watch, but one it stainless and the other in solid gold.
That is true. And it may also be true that they will have to be sold for 'cheap' when/ if you need to divest of some of them, especially if you need funds in a hurry. Only time will tell if these watches prove to be a better 'investment' over time then the stainless steel versions.
I am old enough to remember gold topping $1,000 oz many years back, and eventually retreating to the mid-$200s for several years. That's the problem with commodities. Prices are based on futures and speculation, so they do not always make sense.
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