Buying a new watch? Don’t even think about investment value

Buying a new watch? Don’t even think about investment value

Postby Racer-X » June 11th 2017, 9:50am

by Sandra Lane "Being in the watch writing line of work it’s no great surprise that friends and acquaintances often ask me for watch-buying advice. Call it an occupational hazard, call it a compliment that they should consider my advice worth seeking but (unlike a doctor friend, who gets irritated by being asked for free clinical advice at dinner parties) I never tire of talking about watches."

Article at Time and Tide
Last edited by Racer-X on August 9th 2017, 5:14pm, edited 1 time in total.
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Re: Buying a new watch? Don’t even think about investment va

Postby conjurer » June 11th 2017, 10:02am

And so, it you’re contemplating a watch, do your homework on the price (of course) and then ask yourself if you will really, truly love wearing it. As long as you can afford the difference between, say, $10,000 and $15,000, the money doesn’t matter. And then enjoy the three or four decades of pleasure that you will have until the watch (with luck) appreciates in value.

I know plenty of people who will appreciate this advice!!
Johannes! My knees are trembling from banging her so hard with my rod!

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Re: Buying a new watch? Don’t even think about investment va

Postby tiktok » June 11th 2017, 10:44am

Nautilus vs Aquanaut - the poor man's Nautilus, lol.
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Re: Buying a new watch? Don’t even think about investment va

Postby 3Flushes » June 11th 2017, 2:21pm

99.9% of our little marvels are expenditures. Those that will appreciate will do so largely on the basis of an increase in the price of precious metals or a feeding frenzy of collectors brought on by some trivial factor; the angle of the tit of the seconds hand, a celebrity who owned one, the background color of the calandar and so forth. If you have to rationalize buying a watch as an investment, you can't afford it.

Buy them if you can afford them and let your heirs worry about what they'll be worth.
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Re: Buying a new watch? Don’t even think about investment va

Postby TemerityB » June 11th 2017, 5:01pm

In 2017, flippers who buy watches as an "investment" are playing a fool's game. Huh!? Even the Rolex golden age of appreciation is long, long over; a 2017 Datejust ain't never gonna appreciate like a 1970 one did. Those new watches - shudder! - are actually gonna be worth a little less in the years to come regardless of quality or style improvements.

Enter the Greek chorus of auction assholes: This can't be happening!!! Sorry, boys; nothing goes up in price forever; try to find a Honus Wagner, and then go fuck yourselves. Try buying a good quality watch and enjoy it for the rest of your life like an actual watch collector would instead of treating the hobby like a slot machine.
"To really be a watch company, you have to make your own watch with your own movement. Otherwise, you're a casing company." - Roland Murphy
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Re: Buying a new watch? Don’t even think about investment va

Postby eddiea » June 11th 2017, 5:08pm

Reduce my collection to 6 watches is my goal this year with emphasis in eco-drives and below $1500 easy to service auto/mechanicals....
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Re: Buying a new watch? Don’t even think about investment va

Postby tiktok » June 11th 2017, 5:11pm

eddiea wrote:Reduce my collection to 6 watches is my goal this year with emphasis in eco-drives and below $1500 easy to service auto/mechanicals....


Somehow I find that hard to believe, you still have that JLC?
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Re: Buying a new watch? Don’t even think about investment va

Postby Racer-X » June 11th 2017, 5:23pm

eddiea wrote:Reduce my collection to 6 watches is my goal this year with emphasis in eco-drives and below $1500 easy to service auto/mechanicals....


Ha, good one eddie.
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Re: Buying a new watch? Don’t even think about investment va

Postby eddiea » June 11th 2017, 5:55pm

Still have all my watches but, not for long ...keeping what I truly use, focusing on low maintenance pieces that still are nice and different...
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Re: Buying a new watch? Don’t even think about investment va

Postby Steelhead » June 12th 2017, 2:34am

The whole "resale value" thing always struck me as the comeback for when the spouse says "you spent HOW MUCH?? on a WATCH????"

"I can sell it and get the money back. It's an investment, see?"
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Re: Buying a new watch? Don’t even think about investment va

Postby biglove » June 12th 2017, 6:05am

Steelhead wrote:The whole "resale value" thing always struck me as the comeback for when the spouse says "you spent HOW MUCH?? on a WATCH????"

"I can sell it and get the money back. It's an investment, see?"


One of the all time best quotes in a watch forum signature, "My greatest fear is that when I die my wife will sell my watches for what I told her I paid for them."
"Adults are obsolete children."-Dr. Seuss
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Re: Buying a new watch? Don’t even think about investment va

Postby Thunder1 » June 12th 2017, 6:44am

biglove wrote:
Steelhead wrote:The whole "resale value" thing always struck me as the comeback for when the spouse says "you spent HOW MUCH?? on a WATCH????"

"I can sell it and get the money back. It's an investment, see?"


One of the all time best quotes in a watch forum signature, "My greatest fear is that when I die my wife will sell my watches for what I told her I paid for them."

So true..but what if it turned out that you really could take stuff(that you were buried with) w/ you?..wouldn't it be a drag to start all over again?
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