Yeah, that sure eats into the return.
If it's insured against loss, that's a factor too.
There's always the risk that you'll break the damn thing too.
Investment? No. A luxury item that isn't as bad as sinking money into a boat? Yes.
a watch for over $1000
- Thread starter afterhours
- Start date
If it's insured against loss, that's a factor too.
There's always the risk that you'll break the damn thing too.
Investment? No. A luxury item that isn't as bad as sinking money into a boat? Yes.
My first good watch, Omega speedmaster triple date, was bought for $1500 and sold for $1500 after good 7 years of everyday use. Cleaning and tuning up was an expence, and inflation also factored in. Now that I realized that oversized watches are a fad, I miss my triple date
Rolex watches just have good marketing behind them, they are one of the worst luxury watches once you start learning a thing or two about real luxury watches.
If you want real luxury, you gotta go with one of the watches that Bernard Madoff used to have, A. Lange and Sohne. But it's gonna cost you a minimum of $30k.
If you want real luxury, you gotta go with one of the watches that Bernard Madoff used to have, A. Lange and Sohne. But it's gonna cost you a minimum of $30k.
That's my favourite watch, cost just north of $40k.Rolex watches just have good marketing behind them, they are one of the worst luxury watches once you start learning a thing or two about real luxury watches.
If you want real luxury, you gotta go with one of the watches that Bernard Madoff used to have, A. Lange and Sohne. But it's gonna cost you a minimum of $30k.
That jeweller is obvious not a watch expert, perhaps diamonds???? I know knock offs are getting better but those that know a bit about watches can tell the difference, it's not in their appearance as the knock offs look quite authentic, and not by taking them apart and inspecting the mechanism, that's obvious. You can tell by winding the watch and having an ear to hear the movement, knock offs are no where close to the real thing when you wind them up.
Insurance is always a gamble, but no different that art works or collector cars. As far as maintenance, if you go to the regular name brand places and not shop around, it can get expensive. One watch maker said to me, 'if it's not broke don't worry and that the way I've handled my prize piece. The winders helps and almost cuts the maintenance costs in half.
It's like any collectable, do your homework or the learning curve will be long and expensive.
The fear of breaking the watch is no different that driving that prize car. Actually the car is worth more but they have that damn odometer. I've never broken any watch, since I began collecting good watches. Before that I wen through a watch every couple of years. Go figure.
One place the knock-off loses it is in the wrist band or bracelet. You don't exact copies of the more complicated clasps and the leather ones are a little short on quality. There's no hand finished parts inside and that the big difference internally. It would be like comparing the interior of an entry level Caddy to an entry level Roller. You could tell the difference blindfolded sitting in each one.
I have a friend that had this exact story happen to. Don't send the box. Not worth the headache.
Here's a nice watch and it's reasonably priced.
http://www.thefinestwatches.com/ind...el_41mm_Watch_Pave_Diamond_Bezel_and_Case.htm
http://www.thefinestwatches.com/ind...el_41mm_Watch_Pave_Diamond_Bezel_and_Case.htm
if you like it, then it's a great watch, but $14,000 for a diamond watch with a rubber wristband doesn't catch my eyeHere's a nice watch and it's reasonably priced.
http://www.thefinestwatches.com/ind...el_41mm_Watch_Pave_Diamond_Bezel_and_Case.htm
It's beautiful, but what time is it again.
Skeleton watches with exposed movements are kinda funky and entertaining to observe, It can be hard to read the time and isn't that the main reason for owning the watch, after all the shallow vane and selfish 'because I can' reasons. At $160 Gs it's out of my range but if I won the lottery ..........
I'd say it's 10:10 based on the hands at the top. Each mini "H" represents even hours and 10 minute intervals.
Regardless, I view today's watches more as art pieces than a source of time, more so as you go up in price, so for me it doesn't matter that much if I can't tell the exact time down to the 1/100th of a second. For situations where that is required you can purchase a watch geared just for that. Watches are like any other accessory, you can have more than one for different occasions.
Been to Royal De Versailles but I wouldn't buy any one of them since they could not beat the price from places say in the States and Hong Kong in particular.
Did you give a call to the following? My understanding is they are one of the two authorized service centers for Patek Philippe watches in Canada.
http://www.watchrepairscanada.com/index.html
Watches for over $1000, $10K+ is more appropriate are the toys for new and old money. These watches are cheaper than trophy wives/mistresses and the watches do appreciate over time instead of having high maintenance wives to slow down "depreciation"
Not my cup of tea though.
Last edited:
Not so sure nowadays since many "sophisticated", materialistic, extremely high maintenance ladies prefer Cartier to Rolex. Rolex is too "middle class" and not exclusive.
First, WTF do you wear one to an incall in the first place?
Not a bright idea to get the attention and ask to be mugged.
WRT the SP giving the "compliment" on the Rolex, she doesn't sound like an Oriental/FOB and her "knowledge" on expensive watches is quite limited.
Any seasoned and loaded Chinese ladies over there could tell you Rolex watches are not their preferred choice. They want something more exclusive, expensive and definitely not reminding them of "old man's" watch like Rolex.
Simply put, at best Rolex watches for them are for "everyday" use like Timex or Swatch for that matter.
Hardcore watch collectors "hate" the Rolex have to do with prevalent Rolex counterfeits/replica compared to other high end watches.
Rolex makes a good watch movement but there are plenty of Patek Philippe, Vacheron Constantin, Breguet and Audemars Piguet that have better movements than Rolex.
$5K Rolex is "cheap" since this is just an entry level but it seems Omega is stealing those market from Rolex nowadays. You probably get decent Rolex watches starting $8K USD.
In terms of pawning your Rolex watch, that has everything to do with Rolex watches being considered liquid like buying and selling blue-chip mega cap equities, something other expensive watches lack.
BTW, Rolex spends a fortune on marketing and budgets to allocate enough spares, train watchmakers and bulk up service centers worldwide necessary to sustain routine maintenance on the Rolex watches for decades to come. This is something that some of Rolex competitors find it too late to cope with the spiked up demand of their watches servicing.
Last edited:
I love watches and eye glasses .... I always go to Louis Black and generally get a good deal under MSRP .... my favourite is my Frank Muller ...Mariner ... second is Omega Seamaster ..... third is my uBoat ...... i have several others as i like to think of myself as a collector... buying one or two every year.
Which one of the following did you get your "bargain"?
http://www.emperorwatchjewellery.com/en/home.php
http://www.orientalwatch.com.hk/
http://www.yesandright.com/yesandright/index.php
Duh...who is crazy enough to piss off loaded mainland Chinese tourists who dress in shorts and a t-shirt and buy not one but in some cases half a dozen of watches in one swoop, fully paid all in cash?
Could not recall those places have Union Pay terminals setup and accept RMB but I believe that's mandatory nowadays.
LOL...are you sure no hobbyists here working at Canadian customs?
