Which £15k Rolex.
Discussion
Precious metal Rolexes don't hold their value anywhere near as well as steel. If you are purchasing with the intent on trading in a couple of years, stick to stainless steel. I'd be inclined to put my name down for a new GMT BLNR, which has a reasonable but not crazy waiting list. After a couple of years ownership you might just get back what you paid for it in a trade in. You could also join the Daytona waiting list, but you'll likely be waiting a while.
CATD8H said:
I have read several times that bi-metal Rolex watches do not hold their value as well as the S/S variants..
Can anyone give the definitive reason why?....I was tempted by a Datejust once but.....................
Because precious metals often deviate from a watch’s original story, and that’s what the majority people buy into. Did divers where a bi-metal sub or a steal one, did Paul Newman wear a gold Daytona when racing, did Steven McQueen wear is gold Monaco in Le Mans, did the SAS wear gold subs in the Falklands, I think you see where I’m going here! Can anyone give the definitive reason why?....I was tempted by a Datejust once but.....................
Bedlamater said:
Because precious metals often deviate from a watch’s original story, and that’s what the majority people buy into. Did divers where a bi-metal sub or a steal one, did Paul Newman wear a gold Daytona when racing, did Steven McQueen wear is gold Monaco in Le Mans, did the SAS wear gold subs in the Falklands, I think you see where I’m going here!
I'm obliged for your prompt reply, and indeed I can see your reasoning in respect of the tool watches you mentioned. I was thinking more of the 1601 Datejust style dress type though?Bedlamater said:
Because precious metals often deviate from a watch’s original story, and that’s what the majority people buy into. Did divers where a bi-metal sub or a steal one, did Paul Newman wear a gold Daytona when racing, did Steven McQueen wear is gold Monaco in Le Mans,
did the SAS wear gold subs in the Falklands, I think you see where I’m going here!
Some of us did. But a D Notice forbids me from naming names!did the SAS wear gold subs in the Falklands, I think you see where I’m going here!
Bedlamater said:
Because precious metals often deviate from a watch’s original story, and that’s what the majority people buy into. Did divers where a bi-metal sub or a steal one, did Paul Newman wear a gold Daytona when racing, did Steven McQueen wear is gold Monaco in Le Mans, did the SAS wear gold subs in the Falklands, I think you see where I’m going here!
I'm not sure it's quite that complicated. Secondhand watches tend to be bought by watch enthusiasts who tend to steer clear of blinged up versions (at the very least, they won't pay a premium for them - but often won't pay even as much for them as plain stainless steel versions). So the extra £5K for a gold version of an otherwise identical s/steel watch simply doesn't translate to a similar premium secondhand.
Same is true for women's watches. Very few women are watch enthusiasts likely to buy secondhand watches so they're a much harder sell on the used market and don't hold their value anything like as well.
Jamiecool said:
Im chopping in my Deepsea soon and I really fancy a gold or bi gold daytona.
Which Rolex would you say will hold good value for another trade in say 2/3 years?
Ive lost £2k on my deepsea over 3 years, and a mate has just sold is daytona for what he paid for it 3 years ago.
you lost £2k on a DS? Did you pay over list? Most black face from that year are sitting at around £7500 i thought. Which Rolex would you say will hold good value for another trade in say 2/3 years?
Ive lost £2k on my deepsea over 3 years, and a mate has just sold is daytona for what he paid for it 3 years ago.
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