OT - Rolex watch market

[4151zero]

Originally Posted by krooj

... think of Rolex as akin to Moots: a proven, relatively invariant, volume producer of a high quality item that will hold its value.

Agreed! I've been in and out of the watch game (esp Rolex) for over 20 yrs, and can recall owning a few (bought and sold long ago) that are currently over valued.

I've tried moving away from sport and dive watches, but always returned.

[sheepbleat]

Originally Posted by JedB

Black bezel, Coke, or Pepsi?

I’ve been hoping for coke or pepsi. Jubilee bracelet would be ideal, as I already have a diver with an oyster bracelet.

Should’ve bought one when I started looking three years ago

[RFC]

That is a great watch! Thanks for sharing.

I went through the Swiss / German mechanical watch thing for about 10 years. Probably bought and sold about 100 like commodities and almost always made money. Then one day I looked in the watch box, realized I had a bunch of very expensive jewelry and sold them off. It's kind of like selling all of your bikes.

But I still liked watches, so I decided to collect watches that divers actually wore when divers wore dive watches rather than computors. That generally means Seiko and Citizen, who were the leaders in dive watch innovation. Cousteau and his crew wore Rolex dive watches because Rolex sponsored their expedition.

If you want to go down the Tuna rabbit hole, here are a couple of good articles.

https://monochrome-watches.com/histo...na-dive-watch/

https://thespringbar.com/blogs/guide...lectors-guide/

https://prowatches.com/seiko-tuna-a-...robust-models/

Since this is a bike forum , here are a few for fun.


And since this is a bike forum, here are a few photos. BTW watch collectors are just as weird and obsessive as bike collectors.


IMG_5568 by Robert Copple, on Flickr

IMG_6888 by Robert Copple, on Flickr

IMG_6496r by Robert Copple, on Flickr

IMG_6383r by Robert Copple, on Flickr

IMG_6123 by Robert Copple, on Flickr

IMG_5740r by Robert Copple, on Flickr

IMG_5622r by Robert Copple, on Flickr

[buddybikes]

Originally Posted by sg8357

So we have Rolex builders and Timex builders.

Peter Weigle would be a Roger W. Smith builder ?

Ok - who would be the Patek or a A. Lange and Sons?

[JedB]

Originally Posted by sheepbleat

I’ve been hoping for coke or pepsi. Jubilee bracelet would be ideal, as I already have a diver with an oyster bracelet.

Should’ve bought one when I started looking three years ago

Black bezel
Red GMT
Oyster

Alt: Coke bezel

[SPOKE]

I just had my two watches appraised…
1979 GMT that was my brother’s that I’m certain he purchased it when he was stationed in Germany…..$18k

My 2007 Submariner…..bought new for $6800. Appraised for $22k

My jaw hit the floor!!!!!

[Louis]

Originally Posted by SPOKE

I just had my two watches appraised…
1979 GMT that was my brother’s that I’m certain he purchased it when he was stationed in Germany…..$18k

My 2007 Submariner…..bought new for $6800. Appraised for $22k

My jaw hit the floor!!!!!

Do you use them for daily-wear, or just special occasions?

I don't know if I'd be brave enough to use them even for something as basic as everyday office work.

[RFC]

Originally Posted by SPOKE

I just had my two watches appraised…
1979 GMT that was my brother’s that I’m certain he purchased it when he was stationed in Germany…..$18k

My 2007 Submariner…..bought new for $6800. Appraised for $22k

My jaw hit the floor!!!!!

Time to sell!

[SPOKE]

Originally Posted by Louis

Do you use them for daily-wear, or just special occasions?

I don't know if I'd be brave enough to use them even for something as basic as everyday office work.

I wear the 1979 GMT most every day. Wearing it allows me to keep my brother close even though he passed in December 2015.
The Submariner gets worn a few times a year…..

[Ralph]

How do you go about selling or figuring out what a watch is worth? My wife has a version of a Rolex for ladies with blue chrystal, and a gold Balm Mercier. She hasn't worn either in many years, and the Rolex still runs perfecly. Neiher hardly show use.

[ntb1001]

Originally Posted by Ralph

How do you go about selling or figuring out what a watch is worth? My wife has a version of a Rolex for ladies with blue chrystal, and a gold Balm Mercier. She hasn't worn either in many years, and the Rolex still runs perfecly. Neiher hardly show use.

https://www.chrono24.com

Or maybe some of the watch forums.


Sent from my iPhone using Tapatalk

[jghall]

Originally Posted by Ralph

How do you go about selling or figuring out what a watch is worth? My wife has a version of a Rolex for ladies with blue chrystal, and a gold Balm Mercier. She hasn't worn either in many years, and the Rolex still runs perfecly. Neiher hardly show use.

Above that , watchuseek or watchpatrol will likely give an idea.

[RFC]

Originally Posted by SPOKE

I wear the 1979 GMT most every day. Wearing it allows me to keep my brother close even though he passed in December 2015.
The Submariner gets worn a few times a year…..

I understand. I was just being stupid.

[Matt92037]

I bought a grey market Sub in 1993 for about ~$2,250 when i was 20 years old. I wore that thing everyday, even broke the internals once mountain biking.

To this day it still looks great and best of all, is worth a heck of a lot more than i paid for it.

Sadly, i hardly wear it any longer.

[oldpotatoe]

Originally Posted by sheepbleat

I’ve been hoping for coke or pepsi. Jubilee bracelet would be ideal, as I already have a diver with an oyster bracelet.

Should’ve bought one when I started looking three years ago

lovin' mine..it's been 'appraised' at about $9k altho I think it's worth more but so what...going to one of my sons when I go to the other side.