1. And... we're back. You'll notice that all of your images are back as well, as are our beloved emoticons, including the infamous :foo: We have also worked with our server folks and developers to fix the issues that were slowing down the site.

    There is still work to be done - the images in existing sigs are not yet linked, for example, and we are working on a way to get the images to load faster - which will improve the performance of the site, especially on the pages with a ton of images, and we will continue to work diligently on that and keep you updated.

    Cheers,

    Fok on behalf of the entire Styleforum team
    Dismiss Notice

Omega vs. Rolex

Discussion in 'Classic Menswear' started by syracuse1976, May 24, 2007.

  1. syracuse1976

    syracuse1976 Senior member

    Messages:
    157
    Joined:
    May 23, 2007
    Hello,

    I'm convinced Rolexes are overpriced and overrated. I own two Omegas, which I feel are unbeatable at the $2-5k price point. If money were no object, I would not buy Rolex, but Patek Phillipe.

    My opinion: Rolexes are about 20% more than they should be and are ubiquitous.
     
  2. gdl203

    gdl203 Senior member Dubiously Honored Affiliate Vendor

    Messages:
    36,649
    Joined:
    Jun 9, 2005
    Location:
    New York
    My guess is that you would buy a Patek Philippe watch for the same reasons people buy Rolex. I hope you can see the irony
     
  3. Ambulance Chaser

    Ambulance Chaser Senior member

    Messages:
    9,790
    Joined:
    Mar 7, 2002
    Location:
    Washington, D.C.
    [​IMG]

    I'm no fan of Rolex, but the market does not consider them overpriced. They do very, very well in both the primary and secondary markets.
     
  4. Otter91

    Otter91 Senior member

    Messages:
    137
    Joined:
    Feb 27, 2007
    Location:
    Napa Valley, CA
    Hello,

    I'm convinced Rolexes are overpriced and overrated. I own two Omegas, which I feel are unbeatable at the $2-5k price point. If money were no object, I would not buy Rolex, but Patek Phillipe.

    My opinion: Rolexes are about 20% more than they should be and are ubiquitous.


    in my experience (I work in the jewelry industry) Rolex is the only watch that I have repeatedly seen people buy, wear for a few years, and sell for more than they bought it for. Often times to make this work, you will need to be buying preowned, however, there are not many bobbles out there with any kind of return on investment, let alone the possiblility of making money on it.
     
  5. JBZ

    JBZ Senior member

    Messages:
    2,281
    Joined:
    Oct 14, 2003
    This thread will not end well.
     
  6. lakewolf

    lakewolf Senior member

    Messages:
    5,166
    Joined:
    Jul 18, 2006
    Location:
    Zurich, Switzerland
    The three brands are overpriced, they are luxury items, so people pay for the exclusivity of it.

    That said I have to add to the equation the fact that those three watches are made in Geneva, Switzerland using highly specialized people in micro-mecanichs and a lot of hand work and painstakingly finishing details... that on a City were labor is very expensive... So the watches are not cheap to bulid.

    But anyway the biggest component in the cost is the prestige of the brand anyway
     
  7. syracuse1976

    syracuse1976 Senior member

    Messages:
    157
    Joined:
    May 23, 2007
    Thanks for your feedback. All are good points. My favorite is the Aqua Terra, and it's served me well.
     
  8. gdl203

    gdl203 Senior member Dubiously Honored Affiliate Vendor

    Messages:
    36,649
    Joined:
    Jun 9, 2005
    Location:
    New York
    That said I have to add to the equation the fact that those three watches are made in Geneva, Switzerland using highly specialized people in micro-mecanichs and a lot of hand work and painstakingly finishing details... that on a City were labor is very expensive... So the watches are not cheap to bulid.

    Omega watches are not made in Geneva but in Bienne (aka Biel).
     
  9. dave

    dave Senior member

    Messages:
    824
    Joined:
    Jan 25, 2007
    if you check the market, Rolex is anything BUT overpriced. they give you a high quality, albeit rough and relatively unfinished, manufacture movement in every watch they make. and the oyster case design is a proven winner as well.

    in fact, i would say that rolex presents an overall value in the market today.

    try buying another sport watch at retail and then sell it for the same $$$ 6 months later when you realize it's boring.
     
  10. Tomasso

    Tomasso Senior member

    Messages:
    4,078
    Joined:
    Mar 10, 2006
    Location:
    U.S.A.
    try buying another sport watch at retail and then sell it for the same $$$ 6 months later when you realize it's boring.

    [​IMG]
     
  11. Don Goldstein

    Don Goldstein Senior member

    Messages:
    139
    Joined:
    Oct 4, 2006
    [​IMG]

    I'm no fan of Rolex, but the market does not consider them overpriced. They do very, very well in both the primary and secondary markets.


    This is exactly how I feel.
     
  12. kshah

    kshah Senior member

    Messages:
    188
    Joined:
    Feb 9, 2007
    I was thinking of getting a JLC Reverso Duo, but I am unsure of the resale value against the standard, the two tone Submariner. From what I've gathered, they hold up well physically, and are relatively easy to liquidate.
     
  13. syracuse1976

    syracuse1976 Senior member

    Messages:
    157
    Joined:
    May 23, 2007
    I'm not sure. They're beautiful though. I want a Vacheron Patrimony Chronometre.
     
  14. Teacher

    Teacher Senior member

    Messages:
    12,939
    Joined:
    Apr 2, 2005
    Location:
    Grand Forks, ND, USA
  15. Ambulance Chaser

    Ambulance Chaser Senior member

    Messages:
    9,790
    Joined:
    Mar 7, 2002
    Location:
    Washington, D.C.
    I was thinking of getting a JLC Reverso Duo, but I am unsure of the resale value against the standard, the two tone Submariner. From what I've gathered, they hold up well physically, and are relatively easy to liquidate.
    The Reverso Duo is a nice watch, but does not have particularly good resale value. Retail for the SS version on strap is over $5K, sells for low $3K on the secondary market.
     
  16. gdl203

    gdl203 Senior member Dubiously Honored Affiliate Vendor

    Messages:
    36,649
    Joined:
    Jun 9, 2005
    Location:
    New York
    The Reverso Duo is a nice watch, but does not have particularly good resale value. Retail for the SS version on strap is over $5K, sells for low $3K on the secondary market.

    I thought retail was around $6.8-6.9k for the ss duo. In any case, comparing retail to secondary is not as relevant for JLC as it is for Rolex since there is no reason to buy a JLC at retail. 25-30% discounts on JLC are common place
     
  17. dave

    dave Senior member

    Messages:
    824
    Joined:
    Jan 25, 2007
    I was thinking of getting a JLC Reverso Duo, but I am unsure of the resale value against the standard, the two tone Submariner. From what I've gathered, they hold up well physically, and are relatively easy to liquidate.

    JLC is far and away my favorite mid-range brand. that being said, buy it second hand unless you intend it to be a keeper. they dont do extremely well in the resale market.

    I have to say though, i bought a reverso grande reserve a while ago thinking it would be fun to own until the novelty wore off. now i realize i will own it forever. it's just that nice.

    as for a 2 tone sub, they are less loved than say, an all steel version but they hold their value like any other rolex (aside form the explorers) would.

    have a look at the new GMT as well. the ceramic bezel is a winner in person. it really sets it apart from a sub as well.
     
  18. DuncanM

    DuncanM Well-Known Member

    Messages:
    88
    Joined:
    Jun 23, 2005
    Location:
    Great Falls, VA
    My guess is that you would buy a Patek Philippe watch for the same reasons people buy Rolex. I hope you can see the irony

    Now that is funny.

    I am feeling a little bit of a troll here.
     
  19. gdl203

    gdl203 Senior member Dubiously Honored Affiliate Vendor

    Messages:
    36,649
    Joined:
    Jun 9, 2005
    Location:
    New York
    I am feeling a little bit of a troll here.
    How does it feel?
     
  20. Artisan Fan

    Artisan Fan Senior member

    Messages:
    32,345
    Joined:
    Jul 17, 2006
    I get tired of these brand debates so I will only say I have been very happy with my DateJust Rolex and my friends have been very happy with recent Rolex purchases. The after-market sale experience is very, very good here in Atlanta.

    If I were to buy one today I would buy a sports model like a SeaDweller or look at the Omega Coaxial designs. The Omegas don't hold value as well as Rolex but can be had at a discount upfront. Both brands are superb.
     

Share This Page

Styleforum is proudly sponsored by