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re: Whats the point of buying a Rolex?

Posted on 5/9/19 at 9:09 pm to
Posted by NYCAuburn
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
57002 posts
Posted on 5/9/19 at 9:09 pm to
quote:

Seems like most sensible people looking for premium brands but Omega, Breitling, or Tags.
tags those are the most hey look I am pretending to be in the game watch brand there is

And you’d be wrong...
Posted by Johnpettigrew
Louisiana
Member since Sep 2017
1633 posts
Posted on 5/9/19 at 9:12 pm to
My old man bought one in Vienna in the early ‘80’s for around 5k. Had it appraised 5 years ago for insurance purposes. Came back at over $25000. He wore it every day until they told him that. Now it’s in a safe lol not getting robbed over it
Posted by zippyputt
Member since Jul 2005
5799 posts
Posted on 5/9/19 at 10:27 pm to
quote:

n my experience, new Rolexes are part of the new money starter kit. They scream “look at me”. Seems like most sensible people looking for premium brands but Omega, Breitling, or Tags. Or really classy people buy vintage Rolex.


Posted by DallasTiger
THE Capital City
Member since Jan 2004
4235 posts
Posted on 5/9/19 at 10:46 pm to
quote:

Because I can, and because I like them. What’s the point of asking?


This. Have three. Great watches and I really like the way they look. Simple as that.
Posted by Sun God
Member since Jul 2009
44874 posts
Posted on 5/9/19 at 10:48 pm to
This thread made me want to buy a Rolex but apparently Target doesn’t carry them
Posted by Pierre
Baton Rouge
Member since Nov 2005
5289 posts
Posted on 5/9/19 at 10:53 pm to
I’d rather the cash.
Posted by Dick Leverage
In The HizHouse
Member since Nov 2013
9000 posts
Posted on 5/10/19 at 12:18 am to
I have a friend who has 2 $25k Rolex’s and just bought a Richard Mille McClaren for $190k. He is a sucker for watches, old cars(he has over 30), and guns. He is wealthy enough to buy that kind of stuff when he wants and claims the watches are investments. He gave me a nice Citizen Blue Angels watch and it’s the nicest one I own because he felt sorry for me wearing my Jack Mason $300 watch, LOL. I took it without batting an eye and wear that sucker almost everyday. Not sure about a guy who barely makes 6 figures buying one but the ultra wealthy buy stuff like that like I would buy a $250 pair of Johnston & Murphy’s.
Posted by Sun God
Member since Jul 2009
44874 posts
Posted on 5/10/19 at 12:35 am to
quote:

I have a friend who has 2 $25k Rolex’s and just bought a Richard Mille McClaren for $190k

Reminds me of my buddy who has 2 Honda Accords and a Lamborghini Huracan
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25844 posts
Posted on 5/10/19 at 12:38 am to
quote:

just bought a Richard Mille McClaren for $190k


That is actually a good price for an RM11-03 but he will have to watch the market closely if he doesn't want to get burned, assuming he doesn't want to keep it forever. The issue with the RMs is that the demand is a result of it being one of the current "it" watches for celebrities, particularly rappers and pro athletes and just like the many themed Audemars Piguet ROO Chronos when they are no longer the watch du jour the market will evaporate. It isn't like they are what most people see as a generational watch. The bi-color forged carbon on this particular watch is very interesting but I think the quality and pattern on my AP Carbon Diver is done better.

Posted by Sun God
Member since Jul 2009
44874 posts
Posted on 5/10/19 at 12:45 am to
That looks like a comic book
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25844 posts
Posted on 5/10/19 at 1:01 am to
quote:

That looks like a comic book


I agree. Just the fact it is a skeleton is enough to turn me off, I don't even like the classic open work watches from Vacheron Constantine and they are the king of openwork. That said they are a niche watch that some people like them (De gustibus non est disputandum) but I would much rather have a Patek grand complication for the money.
Posted by Pecker
Rocky Top
Member since May 2015
16674 posts
Posted on 5/10/19 at 3:40 am to
quote:

My $300-$400 tissot or sieko will look the same from a far. Seems like a waste to drop more than $500 on watch, especially in today’s age of cellphones and smart watches
If you have to ask why certain luxury items are appealing, then those items are simply not for you.

The finer things in life aren't mean't to be understood or appreciated by the unwashed masses. There's an ocean of sophistication between you and the people who recognize the beauty and craftsmanship of these timepieces.
This post was edited on 5/10/19 at 3:42 am
Posted by highcotton2
Alabama
Member since Feb 2010
9435 posts
Posted on 5/10/19 at 5:04 pm to
quote:

bought a 18038 Day Date at Mayor’s in Miami in 1979. They gave me a Daytona for free with that purchase and said nobody wanted them and it had been in the case forever.


A 1979 Daytona with red writing will bring $75-80 thousand today.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19567 posts
Posted on 5/10/19 at 5:07 pm to
quote:

Pops got it for 20 years at his company.


I’ve seen the 20-year award at my company. It’s a piece of clear acrylic with some nice words etched in it.

We call it an “acrylic bludgeoning device”.
This post was edited on 5/10/19 at 5:08 pm
Posted by TastyJibblets
North of I-10
Member since Jun 2018
665 posts
Posted on 5/10/19 at 5:10 pm to
When there’s patek philippe? I know what you mean
Posted by BugAC
St. George
Member since Oct 2007
52916 posts
Posted on 5/10/19 at 5:32 pm to
Man I like nice watches. But by nice, it’s usually based on how I think it look and if I recognize the brand.

I really like Citizen watches. I’ve owned 2 or 3 and they are my favorite. I know they aren’t “expensive” but they look nice. Got my eye on this one, right now, for an everyday watch.


Posted by wheelr
Member since Jul 2012
5149 posts
Posted on 5/10/19 at 5:45 pm to
I currently rock a Timex Weekender and have a microbrand watch on the way. The brand won't be recognizable to almost anyone but I love the features it offered at the particular pricepoint vs some larger names.

I saw this the other day. You have to appreciate the mechanics.
Zenith chrono
Posted by 19
Flux Capacitor, Fluxing
Member since Nov 2007
33236 posts
Posted on 5/10/19 at 6:06 pm to
quote:

. I am 50 now and most of my contemporaries have never worn a mechanical watch, 


Well, your friends are of poor taste.

I'm 47, and this is my beater.
Vintage watches rule. This Z is a '96.

Posted by 19
Flux Capacitor, Fluxing
Member since Nov 2007
33236 posts
Posted on 5/10/19 at 6:20 pm to
First box, second row, second from the right.




Mine gets zero wrist time.
Band is too tight or too loose.
This post was edited on 5/10/19 at 6:22 pm
Posted by zippyputt
Member since Jul 2005
5799 posts
Posted on 5/10/19 at 6:25 pm to
huh?
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