Quote:
Originally Posted by Supz
If you take your rolex to the right place. It is probably worth what you paid for it, if not more. The daytona for instance. 4-5 years ago you can buy one new or used for around the 8-9k mark. Now you cannot get one in good condition, again used or new. For less then 11k. Also, anything that is gold has gone up in value quite a bit just because of the price of gold in general. If you have a white gold, yellow gold or rose gold watch. Its worth more then you paid for it most likely. Rolex is one of the top watches that holds its value. This is fact, not opinion. A friend of mine got an Explorer II I believe when he graduated college. A guy at a watch store in the diamond district would have given him 4k cash or 5k trade for it and his watch is stainless.
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I bought mine in 07 or 08. It was retail 22k everywhere I looked and i paid 17.5k. The most I was offered was a private party deal of 12k. I think I can get it for 16k or so on most sites right now.
The price of gold has more then doubled since I bought it.
Now it is nice that I can get 12k since if it was anything else it would be worth zero.