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-   -   Any wrist watch collectors? (https://gfy.com/showthread.php?t=1096546)

JP-pornshooter 01-16-2013 11:36 AM

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?

2013 01-16-2013 11:37 AM

watch last nights new episode of Hardcore Pawn might change your mind.

CurrentlySober 01-16-2013 11:40 AM

i cant even afford a wrist... let alone a watch... :(

Grapesoda 01-16-2013 11:46 AM

Quote:

Originally Posted by JP-pornshooter (Post 19428256)
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?

the gaffer I have used in the past does this... however it's very easy to buy counterfeits. want me to put you in touch with him? also have a buddy selling wholesale diamonds :2 cents:

MichaelP 01-16-2013 11:56 AM

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.

CYF 01-16-2013 11:57 AM

Quote:

Originally Posted by JP-pornshooter (Post 19428256)
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?

Most watches don't appreciate in value. I think there would be better investment opportunities you could do, unless this is strictly for a hobby.

sperbonzo 01-16-2013 11:57 AM

Quote:

Originally Posted by Grapesoda (Post 19428289)
the gaffer I have used in the past does this... however it's very easy to buy counterfeits. want me to put you in touch with him? also have a buddy selling wholesale diamonds :2 cents:

Watches can certainly hold their value against inflation.... If you are prepared to spend at least $8k or more per watch. Cheaper watches don't really hold their value. Be sure to have and keep all of the packaging and paperwork.... everything.


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:

12clicks 01-16-2013 12:10 PM

high end sports watches starting with Rolex and heading north appreciate. the majority do not.

JP-pornshooter 01-16-2013 02:26 PM

Quote:

Originally Posted by Grapesoda (Post 19428289)
the gaffer I have used in the past does this... however it's very easy to buy counterfeits. want me to put you in touch with him? also have a buddy selling wholesale diamonds :2 cents:

you must be paying your gaffer nicely :winkwink:
thanks for the lead but i have my sources in order.

Quote:

Originally Posted by MichaelP (Post 19428308)
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.

how about limited edition tag heuer stuff?

Quote:

Originally Posted by sperbonzo (Post 19428310)
Watches can certainly hold their value against inflation.... If you are prepared to spend at least $8k or more per watch. Cheaper watches don't really hold their value. Be sure to have and keep all of the packaging and paperwork.... everything.

do you keep it in new conditon (ie never wear it)?


Quote:

Originally Posted by 12clicks (Post 19428322)
high end sports watches starting with Rolex and heading north appreciate. the majority do not.

see above re tag heuer limited edition..
needless to say i have an affection for watches, so it is not just about the making money or hedging inflation.

donkevlar 01-16-2013 02:31 PM

Why don't you collect sponsored starving children?

Supz 01-16-2013 02:33 PM

Quote:

Originally Posted by MichaelP (Post 19428308)
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.

Pretty much this...

Choopa_Pardo 01-16-2013 02:45 PM

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.

JP-pornshooter 01-17-2013 11:34 AM

Quote:

Originally Posted by Choopa_Pardo (Post 19428638)
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.

pictures or you dont own those?

12clicks 01-17-2013 12:10 PM

Quote:

Originally Posted by 12clicks
high end sports watches starting with Rolex and heading north appreciate. the majority do not.


Quote:

Originally Posted by Choopa_Pardo (Post 19428638)

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'm never wrong. ask around.

PR_Glen 01-17-2013 01:00 PM

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 ;)

Tittytweaker 01-17-2013 01:23 PM

For a while I considered collecting the James Bond watches, but for me it'd just be one more thing to take up space.

MichaelP 01-17-2013 05:01 PM

Quote:

Originally Posted by JP-pornshooter (Post 19428615)
how about limited edition tag heuer stuff?


do you keep it in new conditon (ie never wear it)?

1-

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...

AdultPornMasta 01-17-2013 05:10 PM

Quote:

Originally Posted by JP-pornshooter (Post 19428256)
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?

Mechanical watches only. I recently sold a large collection of Seikos and others. Look for multi-dials, multi-colored dials, the Seiko Bellmatic will bring you some big $. Stay away from Seiko Divers as they are still in production. Seiko No. 5 movement is basically worthless as it was the workingman's watch and they made a gazillion of them. Rolex is OK if you know what you are doing but do not buy late models from dealers as you will get it up the ass.

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:

JP-pornshooter 01-17-2013 05:39 PM

Quote:

Originally Posted by MichaelP (Post 19430706)
1-

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...

cool, much appreciate your information.


Quote:

Originally Posted by AdultPornMasta (Post 19430716)
Mechanical watches only. I recently sold a large collection of Seikos and others. Look for multi-dials, multi-colored dials, the Seiko Bellmatic will bring you some big $. Stay away from Seiko Divers as they are still in production. Seiko No. 5 movement is basically worthless as it was the workingman's watch and they made a gazillion of them. Rolex is OK if you know what you are doing but do not buy late models from dealers as you will get it up the ass.

Flyer's watches are good but only and let me repeat, "ONLY!" mechanical movements.

If it takes a battery, ignore it.

yeah cool, i am looking mostly at automatic movements only.

BareBacked 01-17-2013 05:59 PM

Check out http://www.bobswatches.com/used-rolex/?gclid=

Tofu 01-17-2013 06:22 PM

Quote:

Originally Posted by Choopa_Pardo (Post 19428638)
I collect watches. Not to amass wealth in the future, simply because I love high end timepieces and enjoy wearing them

Same here. I don't give a fuck about reselling them. I've been collecting watches for some time now and I would never give them up. I like drawing attention to my slender wrists with a fatass timepiece on it, because women love that shit.

:2 cents:


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