Quote:
Originally Posted by bradleyland
I never understood the notion of buying watches as an "investment". You chances in the watch market are, arguably, worse than they are in the stock market. Granted, you can't wear a stock certificate without looking extremely tacky, but I bought my watch to wear. It's no different than any other jewelry. The secondary market is (mostly) crap, so don't buy under the expectation that you'll see an increase in value.
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I never said anything about an "investment." The article just pointed out that Rolex as a brand tends to lose value much slower over time and could possibly increase in value as well.
I wore a Sub Date for 10 years and sold it for an $800 profit. Yes, I wore it almost daily and enjoyed it and it still incresed in value. Never did I think that would happen! There aren't too many items that you can do that with.
I enjoy most of my watches almost daily (right now I'm wearing a new GMT BLNR and actually wear my black face Daytona when I race).