Submariner, are they really worth it?

Submariner, are they really worth it?

Author
Discussion

kuro

Original Poster:

1,621 posts

119 months

Sunday 14th September 2014
quotequote all
Im sure this has been asked before but as title says, are rolex submariners really worth the asking price. Due to recent inheritance I am in a position to own one as its always been a dream watch. Out of curiosity I recently bought a steinhart ocean 1 with a cermic bezel as I had heard these were pretty close to the sub. Its a very good quality homage and I cant help thinking, apart from the name on the face, how much more do you get for your money?

yeti

10,523 posts

275 months

Sunday 14th September 2014
quotequote all
It's like comparing something like an Elise to perhaps a Ferrari 458.

Lotus/Steinhart has bought in mechanicals, rough around the edges, cottage industry etc. but when all is said and done, it's does pretty much the same job and does it well.

The Ferrari/Rolex has the 'in-house' movement as it were and so on. It just is what it is; an icon.

The Rolex is in a different league, primarily because it's what the Steinhart is trying to be. Metallurgy, engineering, quality, warranty, longevity, resale, everything really.

I'll be honest with you; if you didn't get that yourself, then you'd be wasting your money buying one; don't bother as you won't notice the difference.

I own Steinhart and Rolex, both great but the Rolex is special. The Steinhart is merely a decent mechanical watch at a great price.

bod27

230 posts

213 months

Sunday 14th September 2014
quotequote all
Iconic watch, I have owned mine for 24years , I spent most of my first months salary when I worked in Bahrain buying it. I had always wanted one ever since seeing the adverts in the National Geographic magazines in geography lessons at school! Also a great investment , not that I would ever sell it!

kuro

Original Poster:

1,621 posts

119 months

Sunday 14th September 2014
quotequote all
yeti said:
It's like comparing something like an Elise to perhaps a Ferrari 458.

Lotus/Steinhart has bought in mechanicals, rough around the edges, cottage industry etc. but when all is said and done, it's does pretty much the same job and does it well.

The Ferrari/Rolex has the 'in-house' movement as it were and so on. It just is what it is; an icon.

The Rolex is in a different league, primarily because it's what the Steinhart is trying to be. Metallurgy, engineering, quality, warranty, longevity, resale, everything really.

I'll be honest with you; if you didn't get that yourself, then you'd be wasting your money buying one; don't bother as you won't notice the difference.

I own Steinhart and Rolex, both great but the Rolex is special. The Steinhart is merely a decent mechanical watch at a great price.

Well summed up. Now how am I going to get £5k on a watch past the wife.

x5x3

2,424 posts

253 months

Sunday 14th September 2014
quotequote all
kuro said:

Well summed up. Now how am I going to get £5k on a watch past the wife.
welcome to the world of man maths wink

bod27

230 posts

213 months

Sunday 14th September 2014
quotequote all
Man maths, bought Mine in 1990 for £920 , twenty four years later it's now worth £3-£3.5k .
Man maths making things OK all the time!

grumbledoak

31,532 posts

233 months

Sunday 14th September 2014
quotequote all
No. Fundamentally no luxury-goods-level watch is "worth it" in the absolute sense.

You might be able to justify the purchase to yourself, but don't kid yourself - that is "Man Maths".

audidoody

8,597 posts

256 months

Sunday 14th September 2014
quotequote all
kuro said:

Well summed up. Now how am I going to get £5k on a watch past the wife.
Simple. Tell her it will be worth £7500 in five years when you will sell it and buy her a present with the profit.

PJ S

10,842 posts

227 months

Monday 15th September 2014
quotequote all
grumbledoak said:
No. Fundamentally no luxury-goods-level watch is "worth it" in the absolute sense.

You might be able to justify the purchase to yourself, but don't kid yourself - that is "Man Maths".
Not much more to be said than......^This^

If you fancy being one of the many hundreds of thousands of Rolex Sub wearers/owners, then have at it – but if residual value/what the office bods will say isn't of paramount concern, then there's many other brands all equally deserving of your consideration.*

Personally, if I had to have the whole Rolex cachet, I'd just buy a Tudor Black Bay Blue or Pelagos, and something else with the rest of the money.


  • And no, I'm not referring to Omega, Breitling, Tag Heuer, IWC, who also churn out hundreds of thousands each, every year.

alfaman

6,416 posts

234 months

Monday 15th September 2014
quotequote all
kuro said:

Well summed up. Now how am I going to get £5k on a watch past the wife.
my partner just bought a 4k coffee machine, and now wants a 6k food steamer eek ( its apparently 'self filling' rolleyes )

dont think a rolex would be a problem if I bought one smile

Rich_AR

1,960 posts

204 months

Monday 15th September 2014
quotequote all
Like Yeti, I also own a Rolex (Sub) and a Steinhart (Vintage GMT). Both are great watches, but the Rolex is special. And you'd expect so as well. Steinhart is great value however.




TimLambert7

642 posts

125 months

Monday 15th September 2014
quotequote all
Until you are 100% certain it's worth it, don't buy it.

You've got to consider the solid residuals. A £4k watch isn't instantly worth £0, it'll hold a lot of that value for a long time. Factor in £500 every 5 years for a service though.

longblackcoat

5,047 posts

183 months

Monday 15th September 2014
quotequote all
TimLambert7 said:
Factor in £500 every 5 years for a service though.
My SD hasn't been serviced in, er, ever. Still keeps reasonably good time (gains less than 10s per day) after 15 years. It looks terrible, but then I wear it 75% of the time, and I rather like the lived-in appearance.

When should I bother getting it serviced? Or just wait until it starts gaining/losing time?

andy tims

5,578 posts

246 months

Monday 15th September 2014
quotequote all
As others have said, over time you shouldn't lose money and may see the value grow. Buy one a couple of years old and you're likely to even better off.

My first 16600 Sea Dweller (bought pre-owned via a dealer) doubled its value in 5 years, making it the cheapest watch I've ever bought.

Edited by andy tims on Monday 15th September 22:23

Farlig

632 posts

152 months

Monday 15th September 2014
quotequote all
longblackcoat said:
My SD hasn't been serviced in, er, ever. Still keeps reasonably good time (gains less than 10s per day) after 15 years. It looks terrible, but then I wear it 75% of the time, and I rather like the lived-in appearance.

When should I bother getting it serviced? Or just wait until it starts gaining/losing time?
Get it serviced soon - in any case to replace the seals & keep it watertight. The elastomer (rubber) seals do degrade with time and will eventually lose their seal - I have a 1953 day-date I inherited from my Father which he ruined swimming once in the sea. After never servicing the watch in 25 years, the seals failed... His next mistake was not opening it up & rinsing it out... rolleyes

marcosgt

11,021 posts

176 months

Tuesday 16th September 2014
quotequote all
OP, if you're asking the question, the answer is "No, not to you".

The Sub is the watchies darling, but I must admit they leave me utterly unmoved.

They're nice enough, but nothing special, imo. I'd never buy one.

Others feel very differently (just look around and you'll find people with 5 or 6 with tiny differences between them...) and they obviously feel they are 'really worth it', but don't feel you have to follow the herd 'just because...'.

M.

PS Watch servicing is a bit over-hyped imo. I've got a 30 year old watch that's NEVER been serviced and keeps excellent time...

Buster73

5,060 posts

153 months

Tuesday 16th September 2014
quotequote all
bod27 said:
Man maths, bought Mine in 1990 for £920 , twenty four years later it's now worth £3-£3.5k .
Man maths making things OK all the time!
Bought mine in Switzerland 14 years ago tax free and paid £1290 for it , I'm not interested what's it's worth now as I'll never sell it , it's worn every day and it's never been serviced but gets washed in the shower every now and again so it looks clean.

Part of my boy's inheritance , although he did get a SD for his 21st , he can still have my sub.

hilly10

7,121 posts

228 months

Tuesday 16th September 2014
quotequote all
yeti said:
It's like comparing something like an Elise to perhaps a Ferrari 458.

Lotus/Steinhart has bought in mechanicals, rough around the edges, cottage industry etc. but when all is said and done, it's does pretty much the same job and does it well.

The Ferrari/Rolex has the 'in-house' movement as it were and so on. It just is what it is; an icon.

The Rolex is in a different league, primarily because it's what the Steinhart is trying to be. Metallurgy, engineering, quality, warranty, longevity, resale, everything really.

I'll be honest with you; if you didn't get that yourself, then you'd be wasting your money buying one; don't bother as you won't notice the difference.

I own Steinhart and Rolex, both great but the Rolex is special. The Steinhart is merely a decent mechanical watch at a great price.
Well put Yeti. Defined quite nicely. I would never sell mine as its destined for my grandsons wrist


Edited by hilly10 on Tuesday 16th September 16:12

Vvroom

1,170 posts

190 months

Tuesday 16th September 2014
quotequote all
It's versatile and solid as a rock. I lusted after one for years and was treated to a 16610 by my wife for my 30th birthday a few years ago. Monday to Friday I wear a JLC Master Date and on the weekend I look forward to putting on the Sub.

As stated above: if you have to ask, no; it probably won't be "worth it" to you.

If you take the plunge I hope you're not disappointed.

gregf40

1,114 posts

116 months

Tuesday 16th September 2014
quotequote all
No one has ever regretted buying a Sub.

If you think you will get one in your life - buy it now - as it will hold its value...and in 5 years time it's only going to cost you more!