Which watches retain their value?

Discussion in 'Classic Menswear' started by stevejobs, Jan 15, 2009.

  1. merkur

    merkur Senior member

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    ..
     
    Last edited: Jul 28, 2011


  2. acidboy

    acidboy Senior member

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    No woman wants to own a "second-hand" diamond.

    So don't tell them it is.
     


  3. ArliHawk`

    ArliHawk` Senior member

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    Limited edition Panerais definitely hold their value. I actually sold one after about a year and 1/2 for a significant profit.
     


  4. stumy

    stumy Well-Known Member

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    Cartier doesn't hold value well, from what I've seen in that market. Patek and Rolex are still the best to buy if you're into that sort of thing. But for Rolex, keep your choices to the ones that are harder to find- Daytona, Milgauss, the older Sea Dwellers.... the run of the mill Rolexes do not hold much value. Few notches down the totem pole and I believe IWC pilots and base Panerais' prices don't go down as much in the second hand market. The rest- Omega, Breitling, B&R, Ball, etc... I think its better you just hold on to them.

    The OP is asking for sub-$1000 watches, so your suggestion that the OP "keep [his or her] choices" to the "harder to find" rolexes is not terribly helpful for this discussion. However, I find it hard to believe that the "run of the mill" Rolex watches do not hold "much" value. I believe a 1960's submariner will continue to appreciate...forever, and that value will be significant. Moreover, I was under the impression that any Rolex watch will retain a significant portion of its value.

    However, I disagree that Omegas shouldn't be kept. If you purchase a used (vintage) omega, I see no reason to think you won't be able to sell it for equal or more money in a few years. Seamasters, for example, will continue to go up in value as they become more rare. I consider old omegas the watch equivalent to the 73-89 porsche 911 models. They are great performers, and when you want to sell them, you suffer no depreciation.
     


  5. BrettChaotix

    BrettChaotix Senior member

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    Movado is the Kenneth Cole of watches

    [​IMG] I've been telling my brother in law this for a while... then he thinks his next-level-shit is Tag.
     


  6. btinl

    btinl Senior member

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    Omega SMP should work out well for you.
     


  7. vitaminc

    vitaminc Senior member

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    with big shot financiers and hedge fund managers in distress this year, you will have plenty of chances to pick up [used] high-end watches at discount prices
     


  8. knittieguy

    knittieguy Senior member

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    On the low end, I think Hamilton watches may hold their value, at least the older ones. I am not a watch expert, though, and may be wrong.
     


  9. djf881

    djf881 Well-Known Member

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  10. Toorman

    Toorman Senior member

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    On the low end nothing retains its value. When they are readily available from grey market dealers at 40-60% off MSRP why should I buy your used watch when I can get BNIB for say $100 more. FWIW Omega was recently outed for bidding up the price/ purchasing some of their vintage pieces at auction annonymously. Your best option is to find said grey market dealer or buy used. I should add arecent attempt by a friend to sell an Omega SMP dd not garner any worthwhile bids.
     


  11. Omegablogger

    Omegablogger Senior member

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    If you buy the right Omegas they hold value well enough, the key is the purchase price. You shouldn't pay retail for a new Omega, last I got was at 22.5% off, the dealers get 45% so it seemed fair to split it.

    >FWIW Omega was recently outed for bidding up the price/ purchasing some of their vintage pieces at auction annonymously

    They have long bid and won on stuff for their museum, everybody knows its them, they don't hide it.
     


  12. blackrover

    blackrover Senior member

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    this should work Ebay listing 120363711967
     


  13. newtrane

    newtrane Senior member

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  14. Christofuh

    Christofuh Senior member

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    Patek
    Rolex
    Panerai
    Cartier


    According to a jeweler broad from a local store whom I saw a couple days ago.
    She claims the whole Panerai thing is just a fad driven by dopey rich kids who fuel the demand.
    BTW, I was under the impression that Cartiers stank @ holding their value [​IMG]
    She showed me a Rolex Oyster in rose gold ($28K) which simply was suh-weet !
    Ordinarily I'd have zero reaction toward Rolex watches, but that was one handsome piece.
    Supposedly there's a no-dicker sticker policy for that particular maker.
     


  15. btinl

    btinl Senior member

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    Patek
    Rolex
    Panerai
    Cartier


    According to a jeweler broad from a local store whom I saw a couple days ago.
    She claims the whole Panerai thing is just a fad driven by dopey rich kids who fuel the demand.
    BTW, I was under the impression that Cartiers stank @ holding their value [​IMG]
    She showed me a Rolex Oyster in rose gold ($28K) which simply was suh-weet !
    Ordinarily I'd have zero reaction toward Rolex watches, but that was one handsome piece.
    Supposedly there's a no-dicker sticker policy for that particular maker.


    I would remove Cartier from that list.
     


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