Reply With QuoteCellini. Double your money and then some.
A semi-hypothetical question:
Assuming someone has access to a well stocked Rolex AD, and waiting lists aren't an issue, what would you suggest is the best investment purchase at the moment? (assuming any current model is an option).
This wouldn't be for flipping short term, but more to justify another watch purchase.
Obviously an impossible question to answer long term with trends etc, but of the current rolex line up where would your money go?
Last edited by owain1; 1st August 2019 at 00:15.
Cellini. Double your money and then some.
Buy what you like. Who knows what the market will do. The only bullet proof one is the Daytona - if there was a nuclear holocaust that would probably still trade above list!
Of the ones that you could realistically buy without having to wait years you'd be talking ND Sub, Explorer, SD43, Air King, Deepsea, Milgauss and 2 Tone GMT root beer that you'd be able to actually buy. As a pure hunch I reckon the Root Beer out of those. ND Sub would have a slight premium above list, SD43 will be at list or below soon on the secondary market, Explorer you'd get less than list, ditto Air King, Deepsea and Milgauss.
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Last edited by ryanb741; 1st August 2019 at 00:01.
If you discount all the short-term fluff, you can easily justify the purchase of a SS Sub/GMT/Sea-Dweller because, historically, if you wait five years you've generally been able to at least recoup your money.
Tell your wife I said so.
Isn’t there talk the Milgauss is due to either be updated or discontinued next year, so would the price not jump?
Adam.
Agree, long term that’s the money makerOriginally Posted by seabiscuit
Rolex wall clock.
"Once is happenstance. Twice is coincidence. The third time it's enemy action."
'Populism, the last refuge of a Tory scoundrel'.
Buy which ever one speaks to you but steel sports models are all fairly safe money. Buy stocks! This one's been going up fast recently...
Of the current line up the Hulk, white Daytona and Pepsi GMT I think would be the top three.
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A Daytona - 15% annual increase in price between 2011 and 2018.
See my analysis here:
https://forum.tz-uk.com/showthread.p...olume-analysis
(enjoy!)
Back in the day , people bought a Rolex they wanted to wear, strange, but true.
Indeed. The simple pleasures of watch collecting. Price analysis, futures, profits.
F.T.F.A.
Nah, urban legend, old wives tale.
Hookers and Blackjack, terrible investment, but boy is it fun!
I agree. Unfortunately it's not me buying this watch, but someone else!
Interestingly that was the shortlist that the person asking the question came to me with. As he already has a GMT BLNR the Hulk or daytona are probably better options.
Personally I suggested a dateless sub or a white exp ii as the watches I'd actually want, rather than thinking about value/RoI.
Long term I'd go with something low numbered, the Cellini should actually perform well in that regard but you're banking on dress watches becoming high fashion again (which they inevitably will-everything goes in circles).
Personally, I'd imagine a Deep Sea Sea Dweller in plain old black to be a good shout. Traditionally unloved, available within a month and would seem to be made in relatively small numbers.
Absolutely nothing wrong with having a hobby that pays dividends in my opinion.
Buy 5 not 6 is my advice..
Buy anything you like but just make sure it is SS.
Wear? Most Rolex are bought and put straight into a safe.
I'm just a very naughty boy.
Good deals with- VINSTINK, kevkojak, Optimum, Omegary, seikoking, acg, SPEEDY, kfman, Card Shark, wajhart, Jot, danboy, zenomega, gaz64, minke, Mal52, Alas, norfolkngood, Sparky, rdwiow, mrteatime, gravedodger, joeytheghost, lordoftheflies, Silver Hawk, Filterlab, brooksy, marmisto, Fray Bentos, Bootsy, Harvey69, Mantisgb, bristolboozer, Jedadiah, newtohorology, Zephod, jimm1, Draygo, Raptor.
I may have forgot one or two, apppologies.
Oh, you're serious?
Never, ever, ever, ever, ever, ever buy a new Cellini as an investment, you might as well put all your money on Bolton Wanderers winning the FA Cup.
(second hand they're a nice watch for sensible money - only because someone else has taken the beating on it though).
Apart from that, I'm not really into this thread. Why does a Rolex have to be an investment ("for a friend")? Why can't it just be a watch? If your friend wants to make a few quid then he needs to put his name on a couple of waiting lists for...whatever. Any steel sports watch - but you know that. Everybody knows that.
And there are no "well stocked" Rolex AD's, hypothetical or otherwise. If your "friend" has access to his pick of the desirable watches then he's in the trade, in which case he already knows what's performing.
The real danger is that people drift away from mechanical watches; in which case all those ‘investments’ will be worth surprisingly little.
Fashion changes, tastes change. The only reason to buy a watch is because you want to wear it.
I think mechanical watches are and always will be a big boys toy. I suspect the main problem is size and loudness. Even SS Rolex at 40mm is big and chunky but it goes well with the current fashion. If slim watches and leather straps ever become the in thing, our Rolex are going to look yukkie and that's the investment angle done with.
The question of monetary value is always an integral part of any collecting hobby: antiques, art, watches, books, records, clothes, dogs - you name it.
Raging against it is a bit weak.
Daytona is the obvious choice, with Hulk, Batman and Pepsi closely behind would be my guess.
But if you want to invest why not invest in a house/shares?
"Investment grade" Rolexes are rare vintage stuff like COMEX and the MilSubs. I don't think any current mass-produced models would qualify as a good investment.
Why does a Rolex have to be an investment? Good question, and I agree with you. Unfortunately I'm not in a position to be able to buy a new rolex, but my relative is (or "friend" if you prefer). I don't think he's interested in flipping it, but seems to want to justify the purchase to himself if he can buy a watch at RRP which trades for significantly more on the grey market.
He's not in the trade, and doesn't actually know a huge amount abut watches, but has a good contact and seems fairly confident of being able to get hold of a Hulk/Daytona/GMT or whatever he ends up deciding on (subject to a short wait I'm sure). I was sceptical, but he managed to get his Batman GMT relatively easily, and he now wants to add to his collection.
If he bought a Batman then he knows a bit about Rolex. So he'd buy a Daytona. If he could really get one. And get you a Gmt Pepsi for a quick profit too!
Started out with nothing. Still have most of it left.
White SS Daytona, hulk, green dial yellow gold Daytona, meteorite dial wg pepsi, assuming all at list from an AD.
Certainly not as long term investment though Daytona possibly could.
No watch can ever be classed as an investment
Daytona
Daytona variant will be the best choice
Tell that to Mike Wood :-)
Last edited by Mouse; 1st August 2019 at 13:06. Reason: spelling!!!
So true but the new breed of watch collector isn’t really into watches, investment, investment, investment is all they are obsessed with hence this same question again and again.....
Watches and the like have always attracted investors, this is nothing new, other than now everyone can wheel and deal over the internet.
Indeed I am! Today's unloved trinket is tomorrow's rare heirloom, fashions change and you never know ;)
Oh, you're serious?
Never, ever, ever, ever, ever, ever buy a new Cellini as an investment, you might as well put all your money on Bolton Wanderers winning the FA Cup.
(second hand they're a nice watch for sensible money - only because someone else has taken the beating on it though).
I am going to stock up on ICE watches sharpish then.
I didn't mean it to sound derogatory but I don't ever see a day where a commercially available "normal" gold Rolex trades above list. I may be proven wrong, but on that day I'll sell my shop and switch careers.
I think this is quite interesting as depending on when you sell and how the economy is at the time will have a huge bearing. Only possibly the luxury pen market will be hit harder I recon.
I am not the biggest Rolex fan the finish and almost mass production of each item kind of takes them below ap pp watches as an investment as I think they are better and will perform better in the long term.
But buy what you like and who cares it’s unlikly you’ll lose a fortune and you will have one of the most recognised brands in the world on your wrist.
I have a zenith Daytona love it and wear it daily. It’s less heavy and cunky than the new model but a nightmare to get serviced another failing of Rolex. I do not have this problem with other watches even my vintage omega is serviced easier and with far better service
Better sell the shop then; the rose gold 116519, with green dial, is a current model, and it sells way above retail. £29k selling for 40k-45k. Of course you can start quibbling about what’s commercially available , but it’s current and has been available for two years. You could have bought one. It was easily available. Harder now because all the lemmings rushed in, frantic to get their names down after John Meyer recommended it.
I bought the white gold/blue dial version . I suspect that will be above retail later this year. They won’t be the last in this crazy world.
Last edited by paskinner; 1st August 2019 at 16:46.
Same goes for the two current model WG GMTs.
Well if he really can get one through his contact it has to be a white dial Daytona if it’s an investment he’s after.
This is totally ridiculous but WF now have one for £25,650 as of today for a 2019 model. Even a 2017 is £24,950.
As I said it’s ridiculous, beyond ridiculous in fact, but as the last one they had was near 24k and seemingly sold quickly, no doubt they think they’ll get close to it. I was lucky enough to get one the month they came out in 2016 and whilst it’s a great watch, it’s no way worth 3x what I paid RRP. Silly times.
It’s amazing that people will actually pay this for a steel one instead of getting a gold one!
Funny, but I believe dress watches are a slowly dying breed as society in general is becoming ever less formal. Suit sales must have halved over the last 20 years
Would agree entirely with this, no one wanted a GMTIIC when it was £4k now they all want them at £8k, utterly bonkers and undeniably people buying for the wrong reasons. But if it makes them feel good and like they have a sense of purpose and belonging in life then let them run away with the caravan of greed.
RIAC
And this is why the 'hot' Rolex prices are at some point likely* to fall, as I imagine at least half are currently being bought by 'investors' or fashionistas rather than watch lovers, so will be offloaded when the market/fashion moves on to the next hot thing.
* note I don't say for certain - China will have a big influence
Any 5-digit 40mm steel sports model is probably pretty good investment.
Yep. I don't understand the black gmt furore at all and I dont think it's going to continue to boom in the way that speculators hope.
I think it really depends on if you're going to wear it... there's many things to bet on if you just have a few thousand pounds to spare. It's probably much easier to diversify that investment as well. However if you'd wear the watch then why not;P
also one of these bad boys?
I, myself, am one of these people.
I actually passed up a year-old hulk to go for a submariner, pre-owned. After trying it on!
This was before the recent upsurge in demand/prices, mind. Not so sure I’d pass the same opportunity up today.
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