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re: Whats the point of buying a Rolex?

Posted on 5/9/19 at 3:08 pm to
Posted by CharlesLSU
Member since Jan 2007
31926 posts
Posted on 5/9/19 at 3:08 pm to
quote:

Take for instance a simple stainless steel 16610 submariner date - say you purchased one 30 years ago it would've cost you about $1800 - reasonably cared for can easily bring $7500 and up and it's not even be hard to find a buyer. That handily out paces inflation, and that's just one example.


...23 years ago I bought that watch (currently on my wrist) at Lee Michaels for $3200. You are spot on.
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