

That is more accurate in the short term, maybe over the course of 2-5 years. In my experience, in the long term (7-10 years) the all steel sport Rolex watches (Sub, GMT, Explorer 1, Explorer 2, Sea-Dweller, and Daytona) increase in value beyond what the MSRP was, and well beyond what I paid for them brand new. On average the Sub,GMT, Ex1 and Ex2 can be sold for 20-25% more than their purchase prices, the 116520 Daytona 50% more, and a 16520 El Primero based Daytona could be sold for 2-3 times its original purchase price. The result of price increases and slow evolutions in design, has been to pull the prices of pre-owned pieces up substantially. Whether the trend continues only time will tell.
Most IWCs of the same time period generally haven't increased in value. Maybe as a result of them drastically changing a models over the years and some pieces becoming dated...one of the down sides to major changes in appearance.
Panerai usually have very strong resale, and popular or rarer pieces do appreciate in value. However, unless its a rarer piece it probably only had a Unitas or Val 7750 (which were often found in watches costing a fraction of what a Panerai cost...which might bother some people).
Nice options...however the decision would be easy for me...Speedy Pro !!!! Good luck and let us know what you decide.

Here's a good Rolex story from the winning driver at the Rolex Daytona 24 last week:
http://jalopnik.com/5980884/the-funniest-story-youll-ever-hear-about-a-rolex
(Dr. Jim Norman, driver of the Napleton Racing #16 Porsche Cayman team that just won the GX class of the 2013 Rolex 24, has the funniest Rolex story you'll ever hear! In his own words — OHL)
Funny story: Today I took my new Rolex to the jeweler right down the street from my house in Tampa to get a link taken out so it fits me better (for those of you who don't know, the winning drivers of the Rolex 24 Hours of Daytona are presented with a new Rolex timepiece in Victory Lane).
The jeweler re-sizes it for me and charges me $8. I say "Wow, 8 bucks, that's not very much." The manager lady says, "well, if it were a REAL Rolex we would charge you more!" I chuckle and say "it IS a real Rolex."
She says, "Nope it is not...We know Rolex watches and this is definitely a fake."
My retort, "well, I guess you don't know these as well as you think!"
Hearing this, the Jeweler comes out from behind his little glass window from where he is working on a frail, blue-haired lady's broach while wearing some very dorky-looking magnifying glasses and says, "I'll bet you bought that watch in New York." He puts both hands in his back pockets and sticks out his skinny "bird" chest in an attempt to be strong and assertive. "Nope" I say, "I haven't been to NYC in some time." He quickly replies, "I'll bet you $1000 you didn't buy that from a real Rolex dealer". I say, I won't take that bet, because you are right, I didn't buy this from a Rolex dealer."
"AH HA!" he exclaims, "it IS a fake!! Where did you get it??" "I got it in Daytona this past Sunday." "HA! I am right!" he shouts, almost loud enough to break some of the crystal elephants assembled as a group on one of the overhead glass shelves. "I know all the Rolex dealers in Daytona, and none of them are open on Sundays!" He is quite pleased with himself and turns to strut back to his window-enclosed, nick-knack cluttered cubby.
"Maybe I didn't get it from a dealer" I state smugly. He turns and says, "well then tell me, who DID you get this FAKE Rolex from?" "Well, I stated calmly and coolly, I was presented this beautiful timepiece from the President and CEO of Rolex Watches while standing on the podium at the Rolex 24 Hours of Daytona." "OH, Sure!" he says, "and I'm Santa Claus!!"
And back into his cubby he went, oblivious to the REAL world around him. He doesn't get it... The world is passing him by and he isn't even aware that it is happening. You gotta love life and embrace life, even if it means you have to wear a fake Rolex.

Here's a good Rolex story from the winning driver at the Rolex Daytona 24 last week:
http://jalopnik.com/5980884/the-funniest-story-youll-ever-hear-about-a-rolex
(Dr. Jim Norman, driver of the Napleton Racing #16 Porsche Cayman team that just won the GX class of the 2013 Rolex 24, has the funniest Rolex story you'll ever hear! In his own words — OHL)
Funny story: Today I took my new Rolex to the jeweler right down the street from my house in Tampa to get a link taken out so it fits me better (for those of you who don't know, the winning drivers of the Rolex 24 Hours of Daytona are presented with a new Rolex timepiece in Victory Lane).
The jeweler re-sizes it for me and charges me $8. I say "Wow, 8 bucks, that's not very much." The manager lady says, "well, if it were a REAL Rolex we would charge you more!" I chuckle and say "it IS a real Rolex."
She says, "Nope it is not...We know Rolex watches and this is definitely a fake."
My retort, "well, I guess you don't know these as well as you think!"
Hearing this, the Jeweler comes out from behind his little glass window from where he is working on a frail, blue-haired lady's broach while wearing some very dorky-looking magnifying glasses and says, "I'll bet you bought that watch in New York." He puts both hands in his back pockets and sticks out his skinny "bird" chest in an attempt to be strong and assertive. "Nope" I say, "I haven't been to NYC in some time." He quickly replies, "I'll bet you $1000 you didn't buy that from a real Rolex dealer". I say, I won't take that bet, because you are right, I didn't buy this from a Rolex dealer."
"AH HA!" he exclaims, "it IS a fake!! Where did you get it??" "I got it in Daytona this past Sunday." "HA! I am right!" he shouts, almost loud enough to break some of the crystal elephants assembled as a group on one of the overhead glass shelves. "I know all the Rolex dealers in Daytona, and none of them are open on Sundays!" He is quite pleased with himself and turns to strut back to his window-enclosed, nick-knack cluttered cubby.
"Maybe I didn't get it from a dealer" I state smugly. He turns and says, "well then tell me, who DID you get this FAKE Rolex from?" "Well, I stated calmly and coolly, I was presented this beautiful timepiece from the President and CEO of Rolex Watches while standing on the podium at the Rolex 24 Hours of Daytona." "OH, Sure!" he says, "and I'm Santa Claus!!"
And back into his cubby he went, oblivious to the REAL world around him. He doesn't get it... The world is passing him by and he isn't even aware that it is happening. You gotta love life and embrace life, even if it means you have to wear a fake Rolex.
That's a fantastic story, heh heh.







Great story here. Do you go to Singapore often?

Here's a good Rolex story from the winning driver at the Rolex Daytona 24 last week:
http://jalopnik.com/5980884/the-funniest-story-youll-ever-hear-about-a-rolex
(Dr. Jim Norman, driver of the Napleton Racing #16 Porsche Cayman team that just won the GX class of the 2013 Rolex 24, has the funniest Rolex story you'll ever hear! In his own words — OHL)
Funny story: Today I took my new Rolex to the jeweler right down the street from my house in Tampa to get a link taken out so it fits me better (for those of you who don't know, the winning drivers of the Rolex 24 Hours of Daytona are presented with a new Rolex timepiece in Victory Lane).
The jeweler re-sizes it for me and charges me $8. I say "Wow, 8 bucks, that's not very much." The manager lady says, "well, if it were a REAL Rolex we would charge you more!" I chuckle and say "it IS a real Rolex."
Warning: Spoiler! (Click to show)
She says, "Nope it is not...We know Rolex watches and this is definitely a fake."
My retort, "well, I guess you don't know these as well as you think!"
Hearing this, the Jeweler comes out from behind his little glass window from where he is working on a frail, blue-haired lady's broach while wearing some very dorky-looking magnifying glasses and says, "I'll bet you bought that watch in New York." He puts both hands in his back pockets and sticks out his skinny "bird" chest in an attempt to be strong and assertive. "Nope" I say, "I haven't been to NYC in some time." He quickly replies, "I'll bet you $1000 you didn't buy that from a real Rolex dealer". I say, I won't take that bet, because you are right, I didn't buy this from a Rolex dealer."
"AH HA!" he exclaims, "it IS a fake!! Where did you get it??" "I got it in Daytona this past Sunday." "HA! I am right!" he shouts, almost loud enough to break some of the crystal elephants assembled as a group on one of the overhead glass shelves. "I know all the Rolex dealers in Daytona, and none of them are open on Sundays!" He is quite pleased with himself and turns to strut back to his window-enclosed, nick-knack cluttered cubby.
"Maybe I didn't get it from a dealer" I state smugly. He turns and says, "well then tell me, who DID you get this FAKE Rolex from?" "Well, I stated calmly and coolly, I was presented this beautiful timepiece from the President and CEO of Rolex Watches while standing on the podium at the Rolex 24 Hours of Daytona." "OH, Sure!" he says, "and I'm Santa Claus!!"
And back into his cubby he went, oblivious to the REAL world around him. He doesn't get it... The world is passing him by and he isn't even aware that it is happening. You gotta love life and embrace life, even if it means you have to wear a fake Rolex.
Great story. Reminds me a bit of an experience a friend of mine had dealing with Tourneau in NYC years ago.
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