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Old 24-12-2014, 03:52 PM
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Default Rolex as inflation hedge?

Would it be a good item to hold value?

New ones would not be good as you lose money selling it. But 2nd hand items are still considered 2nd hand when you own and sell it as the 3rd owner....

Hence would a 2nd hand one be of a good investment or hedge against inflation?
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Old 24-12-2014, 04:34 PM
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I have bought few low end Rolex for preserve value as when I have no ideas and do not homework for watch investment at young age (first few years of working and just out from university).

Only realize the resell value is low forsecond hand even you not wear it. Is like a car but better than car resell value

Only realise certain limited edition Rolex watch value will up or maintain after been dumb for many years.

I did not continue this watch collecting for more than 15 years and not sure the current trend not.


Hope some collectors give us some light too
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Old 24-12-2014, 04:51 PM
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When you buy a new Rolex, your resale value is pretty much -25%. As Rolex will keep adjusting upwards in pricing every year, rough estimate you need to keep your Rolex for 10-15 years before you can get back what you paid for.

During this 15 years of ownership you need to send your watch for servicing like every 5-8 years so that the watch movement performs optimal, each overhaul cost $500-800.

More popular models like the Sports tend to have higher resale value, those DJ, Cellinis are lower.

If you want to goreng in horology, go for those limited pieces from Patek and AP. Those you won in international auctions (not ebay) for a few millions then put it under the hammer for another few millions.
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Old 24-12-2014, 05:04 PM
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Default there are fakes ones too

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Old 24-12-2014, 08:18 PM
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Yeah, if you want to "invest" in watches probably have to go for the limited edition ones which will set you back quite abit.
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Old 24-12-2014, 11:28 PM
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Source: Patek Philippe Supercomplication sets record 24-million timepiece price

pay $11mil in 1999, sell for $24mil in 2014

For Rolex, you pay S$10k now.... You probably get back S$10k after 10 years

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Old 25-12-2014, 09:47 AM
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before u buy do yrs homework. learn how to do maintain on watch too as this will save u lot of money.

i got friend into this. he a hell expert. he making a pile from buying and selling. old back date from 1970 . most of his watch hunting come from ebay usa during the ression time. he got them pretty cheap. but u must have knowlege on them.
if not u might got fake stuff.
new watch dont fetch value like what daniel had mention , u have to wait for decade.

Last edited by hellcannon21; 25-12-2014 at 09:49 AM.
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Old 25-12-2014, 01:05 PM
Andrewlee10 Andrewlee10 is offline
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Lesson learn and tuition fees are expansive
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Old 26-12-2014, 12:47 PM
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Quote:
Originally Posted by Andrewlee10 View Post
I have bought few low end Rolex for preserve value as when I have no ideas and do not homework for watch investment at young age (first few years of working and just out from university).

Only realize the resell value is low forsecond hand even you not wear it. Is like a car but better than car resell value

Only realise certain limited edition Rolex watch value will up or maintain after been dumb for many years.

I did not continue this watch collecting for more than 15 years and not sure the current trend not.


Hope some collectors give us some light too
so i guess the only feasible ones are ltd edition ones. those i saw online are in range of 25k usd
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Old 26-12-2014, 03:12 PM
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Quote:
Originally Posted by elcheapo View Post
so i guess the only feasible ones are ltd edition ones. those i saw online are in range of 25k usd
Personally dun really feel that it is a good hedge against inflation .
Unless you want to buy one to wear and resell it for a new model 10 years down the road.
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