How many watches do you own?

[Lone Wolf]

Rolex
Day Date
Sea Dweller
GMT II
Yachtmaster

Panerai
Marina
GMT/alarm

Tudor
Chrono

Plus some miscellaneous lower-end (Longines, Gruen, etc.) stuff and a Bulova that was my grandfather's. That one means more to me than all the others combined.

 

[effang]

how well do watches maintain their value?

i'm looking to liquidate some funds...can't afford property, don't need a car, can't afford art...are watches "decent" investments, ala, if they're not appreciating, at the least they're not depreciating?

thanks!

 

[Singular]

The best way to make a small fortune out of watches...

...is to start with a big one. Sorry, watches are generally rather poor investments (when looking at earning money). A nice vintage watch from a "better" brand is though a, in my opinion, good way to put your money - you can use it almost all the time, it gives you quite a bit of of pleasure, and it doesn't suffer from any noticable depreciation. The only cost is normal service (and the occasional gasket, watch band and crystal) every few years.

/M

 

[zjpj83]

Originally Posted by effang

how well do watches maintain their value?

i'm looking to liquidate some funds...can't afford property, don't need a car, can't afford art...are watches "decent" investments, ala, if they're not appreciating, at the least they're not depreciating?

thanks!

Don't do it. It may hold it's value or go up, but the transaction costs of trying to sell it are a pain in the butt and eat in to your profits (e.g. with an auction house) or just a general pain ********** (e.g. on the internet). Look elsewhere to invest.

 

[bmulford]

Originally Posted by effang

how well do watches maintain their value?

i'm looking to liquidate some funds...can't afford property, don't need a car, can't afford art...are watches "decent" investments, ala, if they're not appreciating, at the least they're not depreciating?

thanks!

buy US silver boullion in standard denominations. The US coin is desireable over bars because its actual currency and easier to exchange at spot prices from dealers.

It'll cost you about $15-$20k to fill a few shoe boxes with silver.

This way you can sink your capital into a solid asset that you can liquidate rapidly if necessary without having to break it up, or sell it wholesale.

 

[effang]

Originally Posted by zjpj83

Don't do it. It may hold it's value or go up, but the transaction costs of trying to sell it are a pain in the butt and eat in to your profits (e.g. with an auction house) or just a general pain ********** (e.g. on the internet). Look elsewhere to invest.

thanks.

i was unclear. i'm looking to purchase some type of material goods with my credit card points. i need a big ticket item, ~10-15k. I can convert the points to cash, but it is a poorer conversion.

a watch wouldn't be that bad because as long as i can use it and resale it, that seems ok to me.

 

[bmulford]

Then perhaps drive a deal with an AD on a Calavatra, or Patrimony.

 

[iwhelan]

I currently only wear a Rolex Submariner 14060M. I've been through some other nice watches, but this one is so right and it does it all. It looks good with anything and has such a nice clean design. It also is very similar to the classic 5513 that I love. The 14060m still comes with lug holes, non-solid end links and up until about 2007 it didn't have the COSC certification marketing on the dial. It also does not have the 'rolexrolexrolex' around the rehaut. Very classic. Yes, I would prefer if it were a matte dial without white gold surrounds on the indices, but this is good enough for a modern Rolex that I can wear every day in any condition. I'm not crazy about some of the other modern Rolexes, but this is like a modern descendant of the original Rolex tool watch.

With that said, I do still want a few other watches, but when I have extra money I'll get them. Until then, I'm satisfied.

Ian

 

[Nexus6]

Poor mans entry.....

I own 7 watches.
-one is a Seiko which was a gift.
-3 replicas; 2 Cartier reps & 1 Ferrari rep
-the rest are cheapo $10 watches

I can only salivate to see everyone elses watches here

 

[Cas Ruffin]

I used to have a G-shock. Now I have no watch.

 

[fuji]

I have as stainless rolex oysterdate and a 18k longines on a croc band.

 

[bigbris1]

Stauer Monaco
Jacquet-Girard Perfex
Certina Bristol 235
Louis Bolle Advocate

 

[AscotMcPocketsquare]

I have 8 or 9 watches but only 3 "good" ones.

1. Tag (my "knockaround watch")
2. Breitling
3. JLC Master World Georgraphic in Rose Gold.

After picking up #3 I have a hard time justifying the outlay of more $ for another watch, although there are of course a # I have my eye on.

 

[patrick_b]

Ii've owned many over the years but never more than a half dozen at any given time. Currently, the collection consists of:

Rolex GMT Master II Ceramic ca. 2008

Omega Seamaster ca. 2001 (shown here on NATO style strap)

Sinn 356 ca. 2002

Rolex Sea Dweller ca. 2002

 

[DrZRM]

IWC GST Automatic Chronograph in Titanium Sinn 142

Sinn 956

Omega Speedmaster Broad Arrow

Omega AT w/ silver face Bad pic

Seiko Sportura Chrono I don't count my Garmin 305 heart rate monitor.