Audemars Piguet Royal Oak
Audemars Piguet Royal Oak
Author
Discussion

GolfR12

Original Poster:

111 posts

128 months

Friday 13th December 2019
quotequote all
Hi guys,

I have started to take an interest in luxury watches recently and really like the look of the Audemars Piguet Royal Oak. I have not owned a luxury watch to date and do not really have much knowledge on them.

I have also considered a Rolex Submariner but have taken more of a liking to the AP.

My budget is around £15k, I would preferrably like a brand new watch, but I am open to the idea of a pre-owned in excellent condition (I guess pre-owned is my best bet for my budget for an AP?)

My questions are:

1) Which specific AP Royal Oak or Rolex Submariner models tend to hold their value? (or not decrease more than 10-15% when it comes to resale)

2) Which specific models would you recommend in terms of quality and value for money?

3) Where would you guys recommend to purchase luxury watches from in the UK?

Many thanks in advance

So

28,176 posts

243 months

Friday 13th December 2019
quotequote all
GolfR12 said:
Hi guys,

I have started to take an interest in luxury watches recently and really like the look of the Audemars Piguet Royal Oak. I have not owned a luxury watch to date and do not really have much knowledge on them.

I have also considered a Rolex Submariner but have taken more of a liking to the AP.

My budget is around £15k, I would preferrably like a brand new watch, but I am open to the idea of a pre-owned in excellent condition (I guess pre-owned is my best bet for my budget for an AP?)

My questions are:

1) Which specific AP Royal Oak or Rolex Submariner models tend to hold their value? (or not decrease more than 10-15% when it comes to resale)

2) Which specific models would you recommend in terms of quality and value for money?

3) Where would you guys recommend to purchase luxury watches from in the UK?

Many thanks in advance
I'd go directly to AP to buy a Royal Oak. When I last checked the wait for a white dial was only a few weeks. A blue "Boutique Special" rather longer however.


traffman

2,263 posts

230 months

Saturday 14th December 2019
quotequote all
Ive had a look at the Royal Oak previously , beware that the servicing costs can be between 800 to 1800 pounds!

Thats what put me off. And to be honest they dont tend to hold their money like a comparable Rolex.

If i were looking to spend 15k on a new watch , i'd still go for Rolex. I owned a Rootbeer GMT . Beautiful watch and was a wee bit too flashy for me as a daily.

15 Grand will get you a nice Daytona. If i recall the Ceramic bezel steel versions are a possibility for 15k? I may be incorrect.
Go for a pre owned one with all the box and papers. Or you could go for the anniversary deepsea Submariner. James cameron deepsea? All worthy investments and if you like a chunky watch theyll be spot on.

I still think a steel Daytona would be a decent bet though.

GolfR12

Original Poster:

111 posts

128 months

Saturday 14th December 2019
quotequote all
traffman said:
Ive had a look at the Royal Oak previously , beware that the servicing costs can be between 800 to 1800 pounds!

Thats what put me off. And to be honest they dont tend to hold their money like a comparable Rolex.

If i were looking to spend 15k on a new watch , i'd still go for Rolex. I owned a Rootbeer GMT . Beautiful watch and was a wee bit too flashy for me as a daily.

15 Grand will get you a nice Daytona. If i recall the Ceramic bezel steel versions are a possibility for 15k? I may be incorrect.
Go for a pre owned one with all the box and papers. Or you could go for the anniversary deepsea Submariner. James cameron deepsea? All worthy investments and if you like a chunky watch theyll be spot on.

I still think a steel Daytona would be a decent bet though.
Thank you for your reply.

How often do these types of watches need servicing? Or is it as and when required?

There are so many specific models of each watch which makes it difficult to establish which ones would be a good investment. Or would specific watches such as the Rolex Daytona be a good investment regardless of the specific model?

Also, where are the best places in the UK to purchase pre-owned watches?

Thanks

Baldchap

9,344 posts

113 months

Saturday 14th December 2019
quotequote all
A friend of mine runs a large independent jewellers and I asked him about services. He said not to bother unless the watch starts keeping poor time.

The 3/5 year intervals stated by manufacturers are, in his opinion, in place solely to make money. He reckons about double what the manufacturer claims is usually somewhere about right.

dustybottoms

512 posts

216 months

Saturday 14th December 2019
quotequote all
OP you don't say what size wrist you have, RO's wear large so wrist size will help you with choice of model.

My advice would be to buy second hand and one of the following models.

15450 37mm I believe this is still a current reference so probably the best spread of age and budget options
15300 39mm the iconic size, long since discontinued, values climbing steadily
15400 41mm, discontinued in the last couple of years, values climbing steadily
15500 41mm out of budget as far as I can see as the current RO reference with waiting lists
15202 39mm the classic, forget it way way out of budget.

I would recommend steel, as like Rolex RO demand is all about the steel. They hold value very well of recent times, it is an in demand watch and all of the versions I have listed above have appreciated a fair amount over the last couple of years.

Looks like 15k will get you a good 15450, it will be difficult to get a 15300 or 15400 in good condition for your budget from a dealer; that ship is definitely starting to sail so you will need to act fast, but there are a few for sale on Chrono 24 close to your budget give or take an extra £200 - £1000.


Do not consider a quartz, servicing is crazy expensive for these and value retention very low.


RO Offshore's are an alternative option, 15k would comfortably present you multiple different options within budget.

uzzi

222 posts

224 months

Saturday 14th December 2019
quotequote all
Was in a similar situation as the OP - with a similar budget. I was looking for a 15400 with a blue dial - which is slightly above budget at around £20k (used). In the end I capitulated and and bought a 15202 blue dial(!).

However, unless you really geek out and want the ultra-thin classic (ie the 15202), the 15400 is perfect. The look and feel of it are unrivalled versus others (IMO) and that bracelet is out of this world and, in my humble opinion, much nicer than the PP nautilus bracelet. I'd personally recommend a blue dial for the rarity factory (and it looks soooo good!)

If your wrists/hands are smaller and the 15400 41mm is a little too big and you can't/won't pay up for the 15202, then I'd really consider a 15300 blue dial. Smaller (more classic) dimension with a lot of impact.

Either way, you're going to love it. I haven't been able to take mine off since I got it!!

z4RRSchris

12,274 posts

200 months

Monday 16th December 2019
quotequote all
i have the chrono 41mm,

lovely watch, but its going to get put in the safe for a while as i'm now paranoid of getting robbed.

utgjon

713 posts

194 months

Tuesday 17th December 2019
quotequote all
GolfR12 said:
3) Where would you guys recommend to purchase luxury watches from in the UK?
I've got a rose-gold AP RO for sale in London, need to get rid quick if you're interested?

z4RRSchris

12,274 posts

200 months

Tuesday 17th December 2019
quotequote all
utgjon said:
GolfR12 said:
3) Where would you guys recommend to purchase luxury watches from in the UK?
I've got a rose-gold AP RO for sale in London, need to get rid quick if you're interested?
i was going to make that joke, but thought against

utgjon

713 posts

194 months

Tuesday 17th December 2019
quotequote all
z4RRSchris said:
utgjon said:
GolfR12 said:
3) Where would you guys recommend to purchase luxury watches from in the UK?
I've got a rose-gold AP RO for sale in London, need to get rid quick if you're interested?
i was going to make that joke, but thought against
does this make me a bad person?

z4RRSchris

12,274 posts

200 months

Tuesday 17th December 2019
quotequote all
utgjon said:
z4RRSchris said:
utgjon said:
GolfR12 said:
3) Where would you guys recommend to purchase luxury watches from in the UK?
I've got a rose-gold AP RO for sale in London, need to get rid quick if you're interested?
i was going to make that joke, but thought against
does this make me a bad person?
depends, do you have an AP?

seadragon

1,137 posts

236 months

Tuesday 17th December 2019
quotequote all
Baldchap said:
A friend of mine runs a large independent jewellers and I asked him about services. He said not to bother unless the watch starts keeping poor time.

The 3/5 year intervals stated by manufacturers are, in his opinion, in place solely to make money. He reckons about double what the manufacturer claims is usually somewhere about right.
My Omega dealer told me the same, ie, don't service unless you notice poor time-keeping

Drl22

803 posts

86 months

Wednesday 18th December 2019
quotequote all
I’d definitely look at the Royal Oak above a Daytona, the finish is a cut above. The Daytona has risen in value so much that I think it may have peaked, unless you can get one from a dealer at RRP then, in my opinion, you would be paying far too much for it in comparisons to the RO. I am biased though as I’ve just secured a 15400 after thinking the Daytona was my dream watch for a long time. When I wore it it looked too dainty on my wrist and too similar to my sub. When also considering what I’ve said about peak value of the Daytona it made up my mind.

mikewood

179 posts

151 months

Thursday 19th December 2019
quotequote all
utgjon said:
I've got a rose-gold AP RO for sale in London, need to get rid quick if you're interested?
I've got a spare box and booklet going cheap.. frown

So

28,176 posts

243 months

Thursday 19th December 2019
quotequote all
mikewood said:
utgjon said:
I've got a rose-gold AP RO for sale in London, need to get rid quick if you're interested?
I've got a spare box and booklet going cheap.. frown
I think you’ll find that a Casio box and booklet are both better and cheaper than the ones you have.

Bobajobbob

1,556 posts

117 months

Thursday 19th December 2019
quotequote all
I have a ROO Diver and a Safari which i bought second hand when I got a bit bored of my other watches. The non offshore models probably hold their value better but were a bit too boring for me and I wouldn't buy an offshore new as you immediately take a hit however the second hand values seem pretty stable. APs are definitely less common than Rolex and generally only recognized by people that appreciate watches, thieves or those that spend a lot of time on social media.

Armitage.Shanks

2,914 posts

106 months

Thursday 19th December 2019
quotequote all
Don't join the masses and get a Rolex, buy an AP.

Nano2nd

3,426 posts

277 months

Thursday 19th December 2019
quotequote all
So said:
mikewood said:
utgjon said:
I've got a rose-gold AP RO for sale in London, need to get rid quick if you're interested?
I've got a spare box and booklet going cheap.. frown
I think you’ll find that a Casio box and booklet are both better and cheaper than the ones you have.
i was gonna do a whoosh parrot, but you replied on his thread scratchchin

utgjon

713 posts

194 months

Friday 20th December 2019
quotequote all
Bobajobbob said:
I have a ROO Diver and a Safari which i bought second hand when I got a bit bored of my other watches. The non offshore models probably hold their value better but were a bit too boring for me and I wouldn't buy an offshore new as you immediately take a hit however the second hand values seem pretty stable. APs are definitely less common than Rolex and generally only recognized by people that appreciate watches, thieves or those that spend a lot of time on social media.
so the same sort of people who are likely to notice any sort of watch then? wink