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The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...) - Page 2306  

post #34576 of 48312
Quote:
Originally Posted by Wes Bourne View Post


Ima have to read that.

Here's another take on the subject: http://www.ablogtowatch.com/rolex-prices-past-60-years-revealing-analysis/

 

Heh heh the author of that article used data from the link I posted! :smarmy:

post #34577 of 48312
Quote:
Originally Posted by no frills View Post

Heh heh the author of that article used data from the link I posted! mwink%5B1%5D.gif

In short: must buy Rolex NAOW!
post #34578 of 48312
Quote:
Originally Posted by Tried and True View Post

When I began buying watches circa 1975 the Tudor line was priced 25 percent less than Rolex. At that discount I didn't see the point but at 50 percent it begins to make sense. My first Rolex was a Daytona which set me back $500. Followed shortly by a President for $3200.

While the difference might not have been 50% or more in the 1970s, it did jump to that within a few years.  When discuss pricing in the early to mid 1970s, one has to remember that what was considered expensive or a big price difference was different back then than it is today.  For example, a guy a work with bought a new Rolex Oyster Perpetual in 1970-71 for about $110.  So that 25% difference you speak of was a lot of money and would actually buy someone a Rolex back then.  

 

In any event, even if we go back only 20-25 years, and compare a so called "Big Block" Tudor chronograph to a 16520 (El Primero based) Daytona, the Daytona had a price of around $3,800 when the Big Block was about $1,500-1,700 ...and the was no discount on Daytonas but there were discounts on Big Block Tudors.  The Big Block is a cool watch, but again it didn't use a Rolex movement and the case was insanely thick.  The Big Block might have saved me (and several other watch fans) a lot of money....but it wasn't going to satisfy my desire to have a Daytona.  To this day I don't regret my choice of spending more money and getting the Daytona.  Had I gone for the Big Block, no doubt I'd have spent the savings on some silly non-sense that would quickly have been forgotten, and I'd probably regret not having bought the 16520 when I did.  Hell, I today regret having spent what I did on some clothing back then and not having bought more watches ! ;)

 

Quote:
Originally Posted by Dogs Bollocks View Post
 

I am curious which watches right now you guys think have the most upside appreciation potential?

 

If you are speaking of modern watches, I'd say maybe some very complicated watches from big names, made in small numbers.  However, most modern watches are made in such large numbers that I don't think many modern watches that are in the under $20K range will have that much potential for significant appreciation.  Some will go up slightly over time or will maintain their value due to the cost of new models having numerous price increases over the years.  For example back in 2001 my wife bought me a Rolex 16570 Ex2with a nice discount for only $2,900.  Today I see used ones with asking prices in the high 3K to mid $4K range depending on condition.  Its nice that its worth more than she paid, but its not like its worth tens of thousands more.   

 

Quote:
Originally Posted by TC (Houston) View Post

S550. Cleav, I'm flattered that you peg me as an AMG guy. I would have loved it but my god the premium for that package . . . LOL Did go sport package and AMG 20" rims tho, as a consolation. smile.gif

14729574797_5e6951c066_z.jpg
 

TC congrats on your new S Class.  It's very handsome and so much better looking than their last generation !  Probably best not to have gone for an AMG car.  They have reputations for being maintenance pigs, and the depreciation on them is insane.  I passed up an AMG SL55 several years ago.  It was about 4 years old, only had 6,500 miles and its original sticker was a bit over $140K.  Guess what the dealer was asking...$45K.  

Anyway, congrats on your new S, its just stunning!!! 

post #34579 of 48312
Quote:
Originally Posted by Tried and True View Post

Warning: Spoiler! (Click to show)

For those of you with some cash burning a hole in your pocket it may interest you to know that the Graves Supercomplication (Patek Philippe's magnum opus) is going on the auction block this Fall. The watch sat in a friend's collection for many years and I was allowed to handle it several times. Simply exquisite. When he let it go in 1999 and it brought the record price for a timepiece (which still stands) he joked that had he known how valuable it was he wouldn't have allowed anybody to touch it, including himself.

I hate you. I want to hold that, even if just for a moment.

----

Great looking ride there, TC.
post #34580 of 48312
Guys. And by guys I mostly mean Dino. I have read a number of times that all the hands and markers on Rolexes are gold. Is that correct?
post #34581 of 48312
Quote:
Originally Posted by in stitches View Post

Guys. And by guys I mostly mean Dino. I have read a number of times that all the hands and markers on Rolexes are gold. Is that correct?
I'm no Dino, but yes, correct. At least for quite a few decades.
post #34582 of 48312
So the hands and numbers on a steel Rolex are gold? EG on an EX2 are the surrounds to the 'dots' for numbers gold and the hands gold?
post #34583 of 48312
Quote:
Originally Posted by Dachshund View Post

So the hands and numbers on a steel Rolex are gold? EG on an EX2 are the surrounds to the 'dots' for numbers gold and the hands gold?
Yes, sir.
post #34584 of 48312
Quote:
Originally Posted by Dachshund View Post

So the hands and numbers on a steel Rolex are gold? EG on an EX2 are the surrounds to the 'dots' for numbers gold and the hands gold?

 

The hands for sure on the most recent SS Rolex's are WG, I do not know about the surrounds on the hour markers but I would assume so.

 

Also the numbers on the Cerachrom bezel of the GMT are thin layers of platinum.

post #34585 of 48312
We I never. You really do learn something new every day on this thread.
post #34586 of 48312
Quote:
Originally Posted by Dachshund View Post

We I never. You really do learn something new every day on this thread.
They have to put something in there to justify the cost! haha!
post #34587 of 48312
Business idea- buy rolexes, extract gold from hands and numbers, melt down, sell. Genius. I'm gonna be rich. Hope nobody else thinks of it first!
post #34588 of 48312
Quote:
Originally Posted by in stitches View Post


Great looking ride there, TC.

Quote:
Originally Posted by Dino944 View Post

TC congrats on your new S Class.  It's very handsome and so much better looking than their last generation !  Probably best not to have gone for an AMG car.  They have reputations for being maintenance pigs, and the depreciation on them is insane.  I passed up an AMG SL55 several years ago.  It was about 4 years old, only had 6,500 miles and its original sticker was a bit over $140K.  Guess what the dealer was asking...$45K.  
Anyway, congrats on your new S, its just stunning!!! 

Thanks guys! I hope Mrs. TC lets me use it from time to time. I really like it but she REALLY likes it. LOL More pics in the Cars We Drive thread. Back to watches!
post #34589 of 48312
Another modest contribution, and apologies for crappy cell phone pics. Still haven't mastered the wristie. (lame!)


post #34590 of 48312
FAKE!
Quote:
Originally Posted by TC (Houston) View Post


Hahaha, you guys are good! smile.gif

S550. Cleav, I'm flattered that you peg me as an AMG guy. I would have loved it but my god the premium for that package . . . LOL Did go sport package and AMG 20" rims tho, as a consolation. smile.gif

14729574797_5e6951c066_z.jpg

14916145495_d8050aa797_z.jpg
LOL not sure how to take that . . .

Anyway, sorry for the OT.
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Styleforum › Forums › Men's Style › Classic Menswear › The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...)