Rolex Papers, how important?

[MOBB]

largespiced said:

Has anyone ever dealt with the watch finder? Any other places I should also be checking out?

Bought my Panerai from them - decent bunch of people in my experience

[13m]

mikeveal said:

13m said:

I would agree with you for a watch that you're going to use. For an investment I'd still prefer the original papers.

For an investment, I'd prefer an investment.

You don't think a well selected Rolex kept in the safe is a good investment then? I'd have to disagree.

[mikeveal]

13m said:

mikeveal said:

13m said:

I would agree with you for a watch that you're going to use. For an investment I'd still prefer the original papers.

For an investment, I'd prefer an investment.

You don't think a well selected Rolex kept in the safe is a good investment then? I'd have to disagree.

You are entitled to disagree. I'd have to observe that either your crystal ball is working far better than mine, or your happy taking a speculative punt. But I'd strongly disagree that a speculative punt is a fiscally wise investment.

[13m]

mikeveal said:

13m said:

mikeveal said:

13m said:

I would agree with you for a watch that you're going to use. For an investment I'd still prefer the original papers.

For an investment, I'd prefer an investment.

You don't think a well selected Rolex kept in the safe is a good investment then? I'd have to disagree.

You are entitled to disagree. I'd have to observe that either your crystal ball is working far better than mine, or your happy taking a speculative punt. But I'd strongly disagree that a speculative punt is a fiscally wise investment.

I am not going to get into a "my investment's better than yours" discussion, and for the record I don't invest in watches, but the return on carefully selected models has been a lot better than some other investments.

[hilly10]

Any Rolex is a better investment than a Bank or BS at the moment

[iSore]

I have a 1983 GMT Master, but a black bezel version so it looks like a Submariner. I didn't get papers/box but I had it serviced by Rolex around 8 years ago and never really wore it again. The official service papers are pretty much as good as the card.

[Johnniem]

hosedoctor said:

I wouldn't buy without papers simple as that. I've never understood how people can buy an expensive watch and manage to lose the paper work,it ain't rocket science is it!!!

I'd hazard a guess that until recent years (last two or three decades) most people prepared to spend a large sum on a watch will have done so for the purposes of keeping it for life, rather than using it as a commodity. I inherited a 1972 Rolex from my fathers estate back in 2000 and it didn't come with box or papers (he had bought it new). It shall be passed to my son and if he needs to sell it due to having hard times, then it'll have to be without box or papers. Times are different now and I have box and papers for all my upper end watches.

JM

[bobbybee]

iSore said:

I have a 1983 GMT Master, but a black bezel version so it looks like a Submariner. I didn't get papers/box but I had it serviced by Rolex around 8 years ago and never really wore it again. The official service papers are better than the card.

The service papers mean more. The card can be easily faked, box and papers do not guarantee authenticity at all. The service papers do, as the watch would have been to Rolex, inspected by them, serviced by them, proven real, but as important not stolen or lost.

If I was in the market for any vintage piece, I would insist on recent RSC paper work to back it up