Rolex watches for investment | Bitcointalksearch.org

boyptc

hero member

Activity: 2982

Merit: 678

★Bitvest.io★ Play Plinko or Invest!

Quote from: GorillaGen3 on October 01, 2021, 07:25:04 AM

Most of the time wacthes become more valuable when they are out of production.When people cant buy them easy the interest gets bigger and with the interestst getting bigger the price goes on. Its not only rolex watches that can be used as an investment , most of the luxory watches can

This applies to designer watches or those that really are branded and expensive watches. You're right that it's not just for rolex and there are also other brands that are expensive and can be more expensive in the future if those models are no longer manufactured.

Still not fond of the investments through luxury watches but I'm keeping an eye on it.

DeathAngel

legendary

Activity: 3080

Merit: 1593

#1 VIP Crypto Casino

They’re a good investment as in they hold a lot of their value. I wouldn’t want to try & get involved in actively trading them though. There’s also a lot of fakes around too so it’s a risk if you’re buying from non-official sources.

You’re on a bitcoin forum bro, just do the obvious, buy & hodl bitcoin.

GorillaGen3

jr. member

Activity: 32

Merit: 1

Most of the time wacthes become more valuable when they are out of production.When people cant buy them easy the interest gets bigger and with the interestst getting bigger the price goes on. Its not only rolex watches that can be used as an investment , most of the luxory watches can

RickDeckard

legendary

Activity: 1008

Merit: 3001

Quote from: Lionel on February 08, 2021, 04:26:29 PM

Quote from: peter0425 on February 07, 2021, 10:53:11 PM

Quote from: libertasbella on February 07, 2021, 10:10:28 PM

I have no idea. I just know it worked out particularly well for this guy.

What? 65-75 grant for that rolex? now i know why OP did made this post, this maybe His inspiration for trying to invest in rolex watch.

But if rolex from 120$ to 75 Grant for more than 50 years , what if Bitcoin will reached a hundred thousand for the next 10 years now? does it means much better investments?

Well, i don't want to follow that guy because i want to get rich before getting old Cheesy

About BTC vs watches vs gold etc., i would invest in all of them.
You never know if you get rekt from cryptos, at least you have other assets

Indeed one should always try to diversify their investment. The reason for that? Reduce the amount of risk that it's attached to your investment portfolio.

If OP allocates every financial resource of his it means that in a bearish market or even in some kind of crash his investment would probably be hit the most. If he, however, diversifies his investments throughout many opportunities (stocks, real state, watches, creating a personal zoo and sell tickets for it) the OP continues to invest his wealth into other resources that protect him from future "crashes" in his other investments.

This is investment philosophy 1 on 1. Of course we could argue that there's more beneath these concepts (and I'll gladly discuss those) but what OP is doing shouldn't be considered bad per se. If it matches his investment profile then he should go for it

Lionel

sr. member

Activity: 613

Merit: 305

Quote from: peter0425 on February 07, 2021, 10:53:11 PM

Quote from: libertasbella on February 07, 2021, 10:10:28 PM

I have no idea. I just know it worked out particularly well for this guy.

What? 65-75 grant for that rolex? now i know why OP did made this post, this maybe His inspiration for trying to invest in rolex watch.

But if rolex from 120$ to 75 Grant for more than 50 years , what if Bitcoin will reached a hundred thousand for the next 10 years now? does it means much better investments?

Well, i don't want to follow that guy because i want to get rich before getting old Cheesy

About BTC vs watches vs gold etc., i would invest in all of them.
You never know if you get rekt from cryptos, at least you have other assets

peter0425

sr. member

Activity: 2618

Merit: 439

Quote from: libertasbella on February 07, 2021, 10:10:28 PM

I have no idea. I just know it worked out particularly well for this guy.

What? 65-75 grant for that rolex? now i know why OP did made this post, this maybe His inspiration for trying to invest in rolex watch.

But if rolex from 120$ to 75 Grant for more than 50 years , what if Bitcoin will reached a hundred thousand for the next 10 years now? does it means much better investments?

KEN L

newbie

Activity: 20

Merit: 2

The poor play cars, the rich play watches.
A good watch is still worth the investment.

libertasbella

copper member

Activity: 155

Merit: 8

I have no idea. I just know it worked out particularly well for this guy.

boyptc

hero member

Activity: 2982

Merit: 678

★Bitvest.io★ Play Plinko or Invest!

Quote from: Alai19 on February 05, 2021, 07:47:45 AM

I don't think investing in a watchs is a good idea

It is not a bad idea. Watches are also precious and premium, there's a good market on it if you just know which market you're getting in.

Quote from: Alai19 on February 05, 2021, 07:47:45 AM

after all it is a luxury item and it tends to get cheaper after purchase.

Just like the bags, they are luxury items yet there are plenty of people who wants to have it. You can simply ask yourself despite its expensiveness, there are still people buying it. In one interview about a bag collector, IIRC, she said that bags are also a good investment and that's the same as rolex. These luxury items are not just for show, they have market value.

ethereumhunter

hero member

Activity: 2856

Merit: 541

Leading Crypto Sports Betting & Casino Platform

If you like to have Rolex watches for investment, I prefer to have bitcoin and gold as my investment Grin

I do not have much knowledge about Rolex watches, but if the Rolex watches can be your next investment, I am sure that you will make a big return from the investment in the future.

But in the name of diversifying the investment, we need to search for something that will be worth in the future to give us a big profit.

bitterguy28

full member

Activity: 2002

Merit: 175

★Bitvest.io★ Play Plinko or Invest!

Quote from: RickDeckard on February 05, 2021, 08:10:35 AM

Quote from: bitterguy28 on February 05, 2021, 08:08:33 AM

Looks Like you Know nothing about Rolex Watches mate, but i also disagree on this idea, Diversifying our investment is Best strategy but instead of buying luxury watches that might at some chances will lose value , why not venture in Businesses? and also add some good crypto currencies to Keep holding.

Does Holding Rolex is much profitable than Buying Bitcoin? Remember that in 3 years time you can double your funds here like what happened from 2017-2020.

I don't see any wrongdoing in diversifying an investment. Sure one can bet that BTC will rise but one can never go wrong if he doesn't hold all the eggs in the same basket. It's a way of minimizing risk and exploring other ventures that may prove to be quite lucrative as well.

Well i have not disagree to what OP says or either yours , But what i disagree is the materialism .since we are in virtual here.

But yeah you are correct , we can do anything we wanted and putting eggs in one basket mostly a more risky than segregating them.

RickDeckard

legendary

Activity: 1008

Merit: 3001

Quote from: Alai19 on February 05, 2021, 07:47:45 AM

I don't think investing in a watchs is a good idea, after all it is a luxury item and it tends to get cheaper after purchase.

This is not a real argument because it depends on a multitude of factors : wear condition, documents of the watch, brand of the watch, model of the watch , etc etc.

In most case scenarios, specifically regarding older models, there is a lot of market for them out there and considering the niche of the market (luxury) there are people that are willing to pay a higher price in order to get a sough after item such the items that OP seems to be aiming for.

Again, this is an investment so it pays off in the mid-long term.

Quote from: bitterguy28 on February 05, 2021, 08:08:33 AM

Quote from: Alai19 on February 05, 2021, 07:47:45 AM

I don't think investing in a watchs is a good idea, after all it is a luxury item and it tends to get cheaper after purchase.

Looks Like you Know nothing about Rolex Watches mate, but i also disagree on this idea, Diversifying our investment is Best strategy but instead of buying luxury watches that might at some chances will lose value , why not venture in Businesses? and also add some good crypto currencies to Keep holding.

Does Holding Rolex is much profitable than Buying Bitcoin? Remember that in 3 years time you can double your funds here like what happened from 2017-2020.

I don't see any wrongdoing in diversifying an investment. Sure one can bet that BTC will rise but one can never go wrong if he doesn't hold all the eggs in the same basket. It's a way of minimizing risk and exploring other ventures that may prove to be quite lucrative as well.

bitterguy28

full member

Activity: 2002

Merit: 175

★Bitvest.io★ Play Plinko or Invest!

Quote from: Alai19 on February 05, 2021, 07:47:45 AM

I don't think investing in a watchs is a good idea, after all it is a luxury item and it tends to get cheaper after purchase.

Looks Like you Know nothing about Rolex Watches mate, but i also disagree on this idea, Diversifying our investment is Best strategy but instead of buying luxury watches that might at some chances will lose value , why not venture in Businesses? and also add some good crypto currencies to Keep holding.

Does Holding Rolex is much profitable than Buying Bitcoin? Remember that in 3 years time you can double your funds here like what happened from 2017-2020.

Alai19

member

Activity: 80

Merit: 27

I don't think investing in a watchs is a good idea, after all it is a luxury item and it tends to get cheaper after purchase.

Mauser

hero member

Activity: 1694

Merit: 516

Quote from: Lionel on February 04, 2021, 01:39:24 PM

Is it easy to buy Rolex watches and resell them after a few years at a higher price?
If so, how many years have to pass?
What % gain may i expect in 10 years? For gold&silver for example, we may expect at least a 10-20% increase

For investment gold it is easier to determine how much it is worth years later, because the price per oz is public, and you just multiply it by the weight of your coin/bullion.

But for watches it is not that simple.
A watch is like a piece of art, so i have no idea on how to estimate the value of a, say, Rolex from year 1990.

The same applies to jewelery stuff that you want to sell as-is ( as a crafted product, not based solely on the material ).

How can you evaluate , in general, the current value of a crafted product or piece of art with precious materials, that required also actual man work to be crafted, not just the material?

It all depends were you buy them and if you can get them cheap. Buying a new Rolex watch from the store is not the best investment as you wont be able to get a lot of price increase in the next few years. It only make sense if you have a long term approach. For example a friend of mine got a new Rolex watch when he turned 16 from his grand dad. After 20 years the watch increased in value and he could make a profit but he is not going to sell it.
If you have the chance to buy older Rolex watches from 1990 I would just google and see if they are being sold online. There might already be quite a few of them available for sale and then it might not be the best investment. However if there are no offers online for the watch then it should be a good investment as there will be demand for it.

Lionel

sr. member

Activity: 613

Merit: 305

Quote from: jrrsparkles on February 04, 2021, 08:56:14 PM

Quote from: Lionel on February 04, 2021, 02:44:40 PM

Great info!
That appraisal site then gives a standard reference for everybody.
So with that site everything will be pretty much as simple as evaluating gold

Market rate for art pieces can't be evaluated that much simple but as long as you find someone who knows the value of that watch then it can be a profitable investment but anyone consider buying Rolex as an investment? Like they really intented to make money when they sell it.

The site Chrono24 asks you if you ever worn it or not.
That means there is people that just keep the watch in the original case and never wears it.

Why? Obviously, for investment IMO

jrrsparkles

sr. member

Activity: 2380

Merit: 251

Eloncoin.org - Mars, here we come!

Quote from: Lionel on February 04, 2021, 02:44:40 PM

Great info!
That appraisal site then gives a standard reference for everybody.
So with that site everything will be pretty much as simple as evaluating gold

Market rate for art pieces can't be evaluated that much simple but as long as you find someone who knows the value of that watch then it can be a profitable investment but anyone consider buying Rolex as an investment? Like they really intented to make money when they sell it.

robinhood001

newbie

Activity: 7

Merit: 0

Hallo,

das ist ein komplexes Thema, bei dem du dich gut beraten lassen solltest!

Ich verlinke dir mal eine Seite, die dir verschiedene Tipps über das Anlegen einer Rolex als Wertanlage geben. Worauf du achten solltest etc.
https://www.watchtime.net/uhren-wissen/rolex-als-wertanlage/

Liebe Grüße

Anna Wink

RickDeckard

legendary

Activity: 1008

Merit: 3001

Quote from: Lionel on February 04, 2021, 02:44:40 PM

Quote from: RickDeckard on February 04, 2021, 01:57:10 PM

Quote from: Lionel on February 04, 2021, 01:39:24 PM

Is it easy to buy Rolex watches and resell them after a few years at a higher price?
If so, how many years have to pass?
What % gain may i expect in 10 years? For gold&silver for example, we may expect at least a 10-20% increase

For investment gold it is easier to determine how much it is worth years later, because the price per oz is public, and you just multiply it by the weight of your coin/bullion.

But for watches it is not that simple.
A watch is like a piece of art, so i have no idea on how to estimate the value of a, say, Rolex from year 1990.

The same applies to jewelery stuff that you want to sell as-is ( as a crafted product, not based solely on the material ).

How can you evaluate , in general, the current value of a crafted product or piece of art with precious materials, that required also actual man work to be crafted, not just the material?

It's good to see that you're trying to diversify your investments, that is always a wise decision, so congratulations on that alone!

As for the question itself, from the looks of it, it seems that you hold no experience in this kind of field (watch appraisal mainly). In order to fully understand whatever piece that you may hold I think that you would have to go to specialized shops in order for them to give you an appraisal on the value of the watch itself. I know that for this you would have to get it before (so it could impact your decision) but it's either that or just establish a partnership with someone that could give you information , or even go with you to events where you could grab this watches and then it could feed you information about them.

This website, for example, gives you an estimate on what the value of the watch might be considering its use and what documents it still holds - https://www.chrono24.co.uk/info/valuation.htm

Great info!
That appraisal site then gives a standard reference for everybody.
So with that site everything will be pretty much as simple as evaluating gold

Yup that's a good analogy. Still, I would try to look for other valuable source of information so that you're making sure you're getting the best (real) price for the watch. Since we're dealing with older models, the meaning that it may hold for the buyer is also important, but websites like those will make a good job in giving you a price range.

Lionel

sr. member

Activity: 613

Merit: 305

Quote from: RickDeckard on February 04, 2021, 01:57:10 PM

Quote from: Lionel on February 04, 2021, 01:39:24 PM

Is it easy to buy Rolex watches and resell them after a few years at a higher price?
If so, how many years have to pass?
What % gain may i expect in 10 years? For gold&silver for example, we may expect at least a 10-20% increase

For investment gold it is easier to determine how much it is worth years later, because the price per oz is public, and you just multiply it by the weight of your coin/bullion.

But for watches it is not that simple.
A watch is like a piece of art, so i have no idea on how to estimate the value of a, say, Rolex from year 1990.

The same applies to jewelery stuff that you want to sell as-is ( as a crafted product, not based solely on the material ).

How can you evaluate , in general, the current value of a crafted product or piece of art with precious materials, that required also actual man work to be crafted, not just the material?

It's good to see that you're trying to diversify your investments, that is always a wise decision, so congratulations on that alone!

As for the question itself, from the looks of it, it seems that you hold no experience in this kind of field (watch appraisal mainly). In order to fully understand whatever piece that you may hold I think that you would have to go to specialized shops in order for them to give you an appraisal on the value of the watch itself. I know that for this you would have to get it before (so it could impact your decision) but it's either that or just establish a partnership with someone that could give you information , or even go with you to events where you could grab this watches and then it could feed you information about them.

This website, for example, gives you an estimate on what the value of the watch might be considering its use and what documents it still holds - https://www.chrono24.co.uk/info/valuation.htm

Great info!
That appraisal site then gives a standard reference for everybody.
So with that site everything will be pretty much as simple as evaluating gold

Topic: Rolex watches for investment (Read 199 times)