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Started By
Message
re: Rolex discussion 05/30/2022
Posted on 5/30/22 at 10:24 pm to biglego
Posted on 5/30/22 at 10:24 pm to biglego
quote:
I prefer Movado
I’m not really a watch guy and I even know that’s a troll
My wife bought me a Movado for an anniversary gift several years ago for around $1300. She had been after me about having a nice watch for years but I thought my Nixon Player watch was good enough.
I got my fancy watch and joined watch you seek forum and that’s when I learned about that middle of the mall shite
. Hell even I made fun of her. Then she bought me a Hamilton X-Wind and an Omega two years later.
This post was edited on 5/30/22 at 10:36 pm
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Posted on 5/30/22 at 10:33 pm to fareplay
I’ve watched my Rolex double in price over the last 2.5 years. Can’t complain.
Posted on 5/30/22 at 10:57 pm to Sun God
quote:
I’d take the $3K in cash after graduating
Yeah I’d take the cash and invest it. If I showed up to my “no collar” workplace wearing a Rolex I’d get my arse laughed at in the software industry
Posted on 5/31/22 at 12:02 am to fareplay
quote:
Steel Daytonas I think are like 18k.
Retail for a SS Daytona is $14,550, the going price for an unworn one on the gray is over $40k. The white dial runs about $2k more than the black dial.
Posted on 5/31/22 at 6:46 am to Obtuse1
quote:
unworn one on the gray is over $40k.
Black dial is down in the 30's now. SS Daytona has gone down big time in the last 45 days.
Posted on 5/31/22 at 6:52 am to ronricks
quote:
Black dial is down in the 30's now. SS Daytona has gone down big time in the last 45 days.
Market is not sustainable at the ridiculous secondary market prices
Posted on 5/31/22 at 7:02 am to Jim Rockford
quote:
I like Rolex, but when you can get a Vacheron Overseas for the same price, and a Breguet or Blancpain for considerably less...
The LARGE majority of Rolex owners feel the brand is the absolute pinnacle of timepieces in quality and reliability. Marketing has much to do with this thought. The Rolex sub is the first purchase by many to show the world you "made it/are successful". Some owners may know of other brands, but would not consider them as they feel they do not have the name cache.
Now true collectors /connoisseurs will own various brands, and know Patek, AP, VC are of higher quality /refinement despite not being as recognizable to the masses.
Posted on 5/31/22 at 7:04 am to Dragula
quote:
Market is not sustainable at the ridiculous secondary market prices
Nope and I only expect it to get worse as we head towards Summer. Anyone that wants to buy a Rolex on the secondary market have patience. Prices are going to continue to fall for Daytona, Pepsi GMT, Green Bezel Sub, etc.
Posted on 5/31/22 at 7:31 am to ronricks
Submariner now sits around 14k. They were going for 16+ for a while. Watch Limit on Chrono24. Although many of these sellers have to source the watch after purchase it seems.
Posted on 5/31/22 at 7:37 am to barbapapa
quote:
Chrono24
Great for trying to find a more rare piece, not great for any value purchase. Many listing are overpriced and have been listed months and still available.
Posted on 5/31/22 at 8:02 am to Dragula
Yep I wouldn’t buy on Chrono24 if I were going gray
This post was edited on 5/31/22 at 8:03 am
Posted on 5/31/22 at 10:01 am to Sun God
quote:
I’d take the $3K in cash after graduating
It’s been an awesome thing to own. I almost never wear it any more. So many milestones in my life wearing it. Graduated wearing it, married, 2 sons, all professional accomplishments, buried all my grandparents and my Dad wearing it. Will be a pleasure to pass along to my son. The appreciation in value is a bonus.
This post was edited on 5/31/22 at 7:26 pm
Posted on 5/31/22 at 1:47 pm to TitleistProV1X
I’m not sure if I like the Pepsi. RB TT is too much for me. I just called my AD to put me in line for a SS Daytona so let’s see how many months/years. I also got in the list for silver overseas but if I get a Daytona before then I may just cancel
Posted on 5/31/22 at 4:54 pm to Dandaman
quote:
I work at the bank and I notice watches. There is some truth to the submariner being owned by poors. Of course, they are not poor, but they are the crowd with much lower income than you would expect for their spending. A lot of people who barely crack 100k.
A Rolex Sub is a much smarter purchase for someone making 100k than a 60k truck, and I’m sure a lot of you judging Rolex owners own vehicles in that ballpark.
Posted on 5/31/22 at 5:17 pm to Epic Cajun
Yep. Just like 90% of the people in this thread would no longer have the "$3,000 given to them after graduation", but still have the watch if given them........
Posted on 5/31/22 at 5:57 pm to fareplay
I have a stainless steel date just. I never wear it anymore. It costs over $600 every 3-5 years for a "tune up" and keeps horrible time.
I am likely going to sell it. It is the entry version of Rolex watches and likely not worth a whole lot. I guess I have outgrown wearing watches at 57.
I am likely going to sell it. It is the entry version of Rolex watches and likely not worth a whole lot. I guess I have outgrown wearing watches at 57.
Posted on 5/31/22 at 6:01 pm to ShermanTxTiger
Only needs to be serviced every 10 years or until it stops working. Sounds like you need a competent watch maker. My dad went 20 years between servicing on his Sub. Rolex 3135 movements are as robust and bulletproof as any mechanical movement.
Posted on 5/31/22 at 6:02 pm to ShermanTxTiger
quote:
$600 every 3-5 years
If it's needing a "tune up" every three to 5 years, then whomever you have servicing it is fleecing you. Send it to Rolex Service Center Dallas and you'll have whatever overhaul or repairs done right and they will stand by it, and it won't need to go in every 3-5 years and they will have it keeping time within it's specs.
Posted on 6/1/22 at 8:42 am to BigPapiDoesItAgain
According to the websites listed in the thread, I could sell my submariner I bought in 1999 for $2100 (used) for 8-10k? Is that right? I rarely wear it.
Posted on 6/1/22 at 9:08 am to mikie421
Depends. If it is from 1999 it is a U or A serial. If A serial it has either hollow end links or solid end links. That is going to matter to some people. Do you have the original box and papers? That also will add value to some people. Does the dial say 'Swiss' or 'Swiss Made' at bottom of 6 o'clock? You should be able to sell it for 7k to 8k easily.
This post was edited on 6/1/22 at 9:11 am
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