Quote:
Originally Posted by NemesisX
Are certain brands of watches really surefire investments as so many on this forum make them out to be? Brands like Rolex (possibly because of mass appeal) or Patek (possibly because of rarity)? If we purchased a ~$100k Patek right now and never wore it, what's a reasonable rate of return over 5 or 10 years? Is this true for all Rolexes and Pateks or do you have to be lucky? As a general rule of thumb, does average rate of return go up proportionally with purchase price?
Anyone have any data on this kind of thing? We don't care about wearing watches, but if they're actually decent investments then we wouldn't be opposed to diversifying a little.
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I personally do not buy watches as investment. IMO, take the $ and invest it somewhere else. I buy them for personal enjoyment. Just like cars, you lose more if you buy new.
AFAIK, Rolex do 'hold' their values better.
Here is an example of selling a PP. Supply and demand. Rarity helps.
http://blog.perpetuelle.com/special-...0-in-platinum/
Maybe someone else with more experience trading watches can chime in.