How much would I need to spend?

How much would I need to spend?

Author
Discussion

T40ORA

Original Poster:

5,177 posts

218 months

Tuesday 2nd June 2015
quotequote all
To buy a half decent time piece that would, if not appreciate, NOT depreciate in value?

Probably of of my budget range, but a question worth asking. ...

Edited by T40ORA on Wednesday 3rd June 00:23

Fittster

20,120 posts

212 months

Tuesday 2nd June 2015
quotequote all
A Seiko would probably be the nearest but I suspect it won't be prestigious enough.

Full in house movements which stack-up just as well as those of far more expensive Swiss manufactures. Because they are relatively cheap to buy in the first place the depreciation is insignificant.

However as they fail the Veblen test, the answer is probably a Rolex.

T40ORA

Original Poster:

5,177 posts

218 months

Tuesday 2nd June 2015
quotequote all
Fittster said:
A Seiko would probably be the nearest but I suspect it won't be prestigious enough.

Full in house movements which stack-up just as well as those of far more expensive Swiss manufactures. Because they are relatively cheap to buy in the first place the depreciation is insignificant.

However as they fail the Veblen test, the answer is probably a Rolex.
Yeah, "Ooo you've got a Seiko!" isn't often heard!

So any Rolex? Am I looking at a budget of about £2k?

benny.c

3,473 posts

206 months

Tuesday 2nd June 2015
quotequote all
Does it have to be new? A used Omega, Sinn, IWC, vintage Heuer (not TAG), Tudor etc will have essentially deprecated enough that you won't lose come re-sale. Models like the Speedmaster and Seamaster are always popular and as new retail prices rise, the second hand market will creep up or at least stay static.

T40ORA

Original Poster:

5,177 posts

218 months

Tuesday 2nd June 2015
quotequote all
benny.c said:
Does it have to be new? A used Omega, Sinn, IWC, vintage Heuer (not TAG), Tudor etc will have essentially deprecated enough that you won't lose come re-sale. Models like the Speedmaster and Seamaster are always popular and as new retail prices rise, the second hand market will creep up or at least stay static.
A refurbish one is fine.

benny.c

3,473 posts

206 months

Tuesday 2nd June 2015
quotequote all
The world's your oyster then really unless you buy something obscure. What style do you like?

anonymous-user

53 months

Tuesday 2nd June 2015
quotequote all
T40ORA said:
Yeah, "Ooo you've got a Seiko!" isn't often heard!

So any Rolex? Am I looking at a budget of about £2k?
Probably nearer £4K to secure one that is more or less depreciation proof. Even then you will have to be led up to avoid the "cost" associated with using of a trustworthy dealer.

barryrs

4,376 posts

222 months

Tuesday 2nd June 2015
quotequote all
How about a vintage Rolex from your birth year?

Age depending obviously.

I was looking at a refurbished stainless oyster perpetual or datejust from 1978 in the £1250 to £2000 range recently.

T40ORA

Original Poster:

5,177 posts

218 months

Tuesday 2nd June 2015
quotequote all
barryrs said:
How about a vintage Rolex from your birth year?

Age depending obviously.

I was looking at a refurbished stainless oyster perpetual or datejust from 1978 in the £1250 to £2000 range recently.
I liked. But I'm old. 1960.

barryrs

4,376 posts

222 months

Tuesday 2nd June 2015
quotequote all
How about a vintage Breitling top time from the 60s.

Very Thunderball smile

freshkid

199 posts

191 months

Tuesday 2nd June 2015
quotequote all
Get an Omega speedmaster moonwatch. Iconic. £2k ish should buy one.

Edited by freshkid on Tuesday 2nd June 23:55

daytona365

1,773 posts

163 months

Wednesday 3rd June 2015
quotequote all
A whole two grand to invest ? Wow, you'd be better off just getting pissed. Imo of course

anonymous-user

53 months

Wednesday 3rd June 2015
quotequote all
daytona365 said:
A whole two grand to invest ? Wow, you'd be better off just getting pissed. Imo of course
Top advice, Rockefeller.

daytona365

1,773 posts

163 months

Wednesday 3rd June 2015
quotequote all
No need to get abrasive old chap.

T40ORA

Original Poster:

5,177 posts

218 months

Wednesday 3rd June 2015
quotequote all
daytona365 said:
A whole two grand to invest ? Wow, you'd be better off just getting pissed. Imo of course
I'm not sure if you are taking the piss or just trying to be amusing, so, assuming the latter,I'd just like to point out that I didn't say that it was an investment purchase.

daytona365

1,773 posts

163 months

Wednesday 3rd June 2015
quotequote all
No need to get abrasive old chap.

anonymous-user

53 months

Wednesday 3rd June 2015
quotequote all
daytona365 said:
No need to get abrasive old chap.
I would say in this instance, there is.

daytona365

1,773 posts

163 months

Wednesday 3rd June 2015
quotequote all
No need to get abrasive old chap.

T40ORA

Original Poster:

5,177 posts

218 months

Wednesday 3rd June 2015
quotequote all
Is it me, or is there a PH parrot?
daytona365 said:
No need to get abrasive old chap.
daytona365 said:
No need to get abrasive old chap.
daytona365 said:
No need to get abrasive old chap.

daytona365

1,773 posts

163 months

Wednesday 3rd June 2015
quotequote all
Well, really.