Which £5k watch as an investment???

Which £5k watch as an investment???

Author
Discussion

Mark300zx

Original Poster:

1,360 posts

252 months

Saturday 22nd August 2015
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Hitting the big 50 soon and want to get a nice watch to celebrate, but want to combine something I like with something that could possibly gain value or at least break even in the future, ideas please????

KungFuPanda

4,332 posts

170 months

Saturday 22nd August 2015
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A used ceramic Seadweller?

Zingari

903 posts

173 months

Saturday 22nd August 2015
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Buy something you like not necessarily as an investment otherwise you'll be stting yourself everytime you scratch it. And you will.

You're buying it for reaching a milestone, yet you suggest you'll flip it at some point? In which case reaching 50 is irrelevant as it will have no significance.

I've bought plenty of watches but sold very few mainly because I cant be bothered with the hassle of 'timewasters' etc. but one watch I bought following a first promotion at work was a brand new Rolex Sub Date for £1,460 in 1993. I know I could sell it for much more now. Its got plenty of knocks a few scratches but as a daily wearer its been all over the world so has a history to me. Has it been an 'investment'? I suppose it has given that over time certain watches will track the retail price of the same model. Did I buy it as an investment? No. Will I sell it? Never.

In truth never become emotionally attached to anything you buy as an investment. Treat it as an asset and it becomes easier to sell when the time is right.

gregf40

1,114 posts

116 months

Saturday 22nd August 2015
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Has to be Submariner of some sort.

Vipers

32,876 posts

228 months

Saturday 22nd August 2015
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Wish I knew then what I know now. Bought my Sea Dweller, (which I have worn every day since) in about 77 for £200 new.

Now if I had bought a few more......






smile

Troubleatmill

10,210 posts

159 months

Saturday 22nd August 2015
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I think it is a bit of an oxymoron.

You want to invest in something..... 99.999% of the time there are far better investments than watches.

Get one that pleases you.

Don't get it to ride the money market.

Watches

170 posts

207 months

Saturday 22nd August 2015
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Hi.
I would agree with the ceramic Sea Dweller/Submariner route.
A great looking watch that can be worn for all occasions and is beautifully build to stand the test of time!

Vipers

32,876 posts

228 months

Saturday 22nd August 2015
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Why are we referring to "Ceramic" Sea Dwellers, what does that mean, new one on me.




smile

Watches

170 posts

207 months

Saturday 22nd August 2015
quotequote all
Hi
The "ceramic" refers to the bezel that is now standard on the submariner and sea-dweller range. This replaces an aluminium bezel insert that each model used to have.
The submariner was introduced with the ceramic bezel in around 2010 and the sea-dweller (sd4000) in around 2014.

Although you occasionally hear of the ceramic bezels breaking due to significant impact generally they are tough, look good and are pretty scratch resistant.
Many other manufacturers have followed suit.

Janesy B

2,625 posts

186 months

Saturday 22nd August 2015
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I think if the watch gets a smack hard enough to smash the ceremic bezel insert, you'll probably have to replace some other parts too.

Motorrad

6,811 posts

187 months

Sunday 23rd August 2015
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Every Rolex I've bought since 2005 has notionally doubled in value. I guess a dealer would pay 25% less. Even so they've held their value at the very least.

I won't sell them unless I ever need the money however so it's a moot point.

raine vs mr c

18 posts

212 months

Sunday 23rd August 2015
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Try looking at the last of the no date "non ceramic" subs as these were all chronometers made for a few years and becoming difficult to find with B&P

Nigel_O

2,887 posts

219 months

Sunday 23rd August 2015
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I think the OP's question was probably closer to "what watch can I buy for circa £5k and stand a chance of breaking even or possibly gaining a few quid if/when I sell"

As someone who has only very recently stepped into the world of proper watches, I think I've learned that few are an actual investment in the proper sense

I like to think that if I wanted or needed to sell my Sub, I'd get 80% + of what I paid for it (new at the beginning of the year, but around 20% below RRP). However, I'm already pretty attached to it and can't see me selling unless I desperately need the cash for something else (or more likely, one of my two lads desperately needs the cash for something....)

mikeveal

4,571 posts

250 months

Monday 24th August 2015
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Investment?
Well if you could find a Harrison H4 on ebay for £5K you should do OK. But they don't tend to come up that often.

One of these would hold its value its too:


Other than those, you'll struggle to find a watch that will perform well as an investment. Unless you consider "performing well" to be something with a high risk and a low yield.

Yeah, some older Rolexs have done okay (minus service costs). Will those models continue to do so? Who knows.


What does it matter anyway? If we told you that this:

was a perfect investment, would you walk around with it strapped to your forearm for the next decade? (I don't know if its a perfect investment, it was just an image of a ridiculous looking watch). No? Then buy something you like and stop worrying about an investment.

If you're simply worried about not losing too much money, buy something second hand made by one of the decent makers.

ADP68

528 posts

171 months

Monday 24th August 2015
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In case you don't know what a Harrison is
http://news.bbc.co.uk/1/hi/sci/tech/1864737.stm
I think the answer is to try stuff on and then report back! Stainless steel Rolex sports watches seem to be the advice given to these questions being posed. But since it's your arm, you'll have to see if it suits you and your taste and lifestyle.

mikeveal

4,571 posts

250 months

Monday 24th August 2015
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ADP68 said:
In case you don't know what a Harrison is
http://news.bbc.co.uk/1/hi/sci/tech/1864737.stm
Spoilsport!

This time next year Rodders.

Rufus

1,518 posts

207 months

Tuesday 25th August 2015
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http://www.watchfinder.co.uk/Rolex/Milgauss/116400...

Got to be, seeming glut flooding the market has disappeared and the new blue face isn't proving as popular so these last few of the black face with the GV are going to be the ones to have.

(Never buy a watch at this level purely as an investment if you want to wear it)

slk 32

1,487 posts

193 months

Thursday 27th August 2015
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I paid £2300 for a sea dweller in 2002 and £2850 for a 16610 LV in 2003 which are both worth more now..mainly due to the increase in Rolex prices with the strength of the CHF.

If you are looking to minimise depreciation I would go second hand and look at stainless steel sports Rolexes as should you need to you can easily convert back to cash.

I would recommend the 16610 LV or the old sea dweller. (Pre ceramic). All of these will be slightly over your budget (still under 6k), you may also want to consider a DSSD at thar price too

Finally, echoing other comments buy sketching you like and look at investment potential second.

critical mass

150 posts

105 months

Tuesday 1st September 2015
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How about Jaeger Le Coultre - maybe the Control Hometime or Grand Reverso?

critical mass

150 posts

105 months

Tuesday 1st September 2015
quotequote all
How about Jaeger Le Coultre - maybe the Control Hometime or Grand Reverso?