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Any wrist watch collectors?
I am considering collecting some watches.
Similar to collecting stamps, rare coins, gold, wines etc. Their value appreciate faster than inflation. Anyone here have much experience with this? |
watch last nights new episode of Hardcore Pawn might change your mind.
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i cant even afford a wrist... let alone a watch... :(
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Go Rolex and nothing else. Some other very nice brands will hold some value but don't have enough demand for pre-owned to get the value increase.
The Rolexes you buy today at let say 6-7K$ will retail 9-10 in few years, so you might be able to resell for a profit at at worst for the same price you paid if you took good care of them. |
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I would stay completely away from diamonds, (no offense meant Grapesoda). They are NOT holding their value.... The diamond business is a mugs game for suckers. .:2 cents: |
high end sports watches starting with Rolex and heading north appreciate. the majority do not.
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thanks for the lead but i have my sources in order. Quote:
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needless to say i have an affection for watches, so it is not just about the making money or hedging inflation. |
Why don't you collect sponsored starving children?
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I collect watches. Not to amass wealth in the future, simply because I love high end timepieces and enjoy wearing them
I have the following: -Omega Speedmaster Professional -Sinn U2 (fully tegimented) -Archimede Pilot (pvd) -a few others not worth mentioning. also, you guys are wrong about Rolex on two accounts. One, not every Rolex is going to appreciate value. Two, Rolex isn't the only brand that will appreciate value. I don't care about any of that as I own watches because I enjoy wearing them. |
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love the omega speedmaster, would like to pick one up down the road. don't think i'd be too good at the collecting for appreciation thing though, i don't like selling my shit normally ;)
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For a while I considered collecting the James Bond watches, but for me it'd just be one more thing to take up space.
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I love Tag too, but there not enough demand for them in Pre-Owned market for them to gain in value over time, so why spend 9-10k on a watch that won't appreciate when you can buy a Rolex that will?... I don't buy them for resale, but I know IF at some point I want to sell one,then I will not loose. The keyword here is demand Bought a Tag back in the day at the same time I bought the Yachmaster, wasn't wearing it anymore and the few offer I got were kinda insulting, so I gave it to Patty, Chick dig big men's watches now, so... 2- Yes you ed to keep them in MINT condition, but of course you wear them. But you don't want to keep it to do that brake job on your car or work around in the backyard... |
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Flyer's watches are good but only and let me repeat, "ONLY!" mechanical movements. If it takes a battery, ignore it. http://i1236.photobucket.com/albums/...0BellMatic.jpg :2 cents: |
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:2 cents: |
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