That would have been a great buy five years ago. I turned down a full set mint unpolished matte 16800 with caseback sticker for $4500 because it wasn't my birth year.
Which watch do you feel will appreciate most in 10 years?
- JP Chestnut
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Re: Which watch do you feel will appreciate most in 10 years?
- Bradystraps
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Re: Which watch do you feel will appreciate most in 10 years?
JP Chestnut wrote: ↑Wed Mar 20, 2019 12:08 pmThat would have been a great buy five years ago. I turned down a full set mint unpolished matte 16800 with caseback sticker for $4500 because it wasn't my birth year.
Yikes! What a deal that would be today eh? My birth year 1680 is in la-la land $$$ at this point.
- JP Chestnut
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Re: Which watch do you feel will appreciate most in 10 years?
I'm right on the line between a first year 16800 and a last year 1680 depending on how you date them. Not buying that is probably my one real legitimate "damn I regret that" in many years of collecting. Second worst was turning down a random serial 14060m from an AD for $5400 out the door about a year after the fat case replaced it.Bradystraps wrote: ↑Wed Mar 20, 2019 12:27 pmJP Chestnut wrote: ↑Wed Mar 20, 2019 12:08 pmThat would have been a great buy five years ago. I turned down a full set mint unpolished matte 16800 with caseback sticker for $4500 because it wasn't my birth year.
Yikes! What a deal that would be today eh? My birth year 1680 is in la-la land $$$ at this point.
Re: Which watch do you feel will appreciate most in 10 years?
Yep. It’s cognitive dissonance to use investment as justification to buy a watch, car, etc.dnslater wrote:I don't think that even Rolex sports models have outperformed Index funds the past 10 years...........
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Re: Which watch do you feel will appreciate most in 10 years?
Gray Dial BALTIC Shield......Bradystraps wrote: ↑Wed Mar 20, 2019 11:56 amFor the record, I'm not looking to buy watches as investments. I'm looking to buy a somewhat vintage piece I can enjoy for a while and make a profit on down the road should I decide to sell it and not give it to my son. I think a 16800 fits the bill as a 1680 is more bills than I can afford!
"Go forth, my progeny, grab the world by the balls, squeeze hard and shake vigorously." J. Koch (aka "Swedefreak")
- toxicavenger
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Re: Which watch do you feel will appreciate most in 10 years?
I now someone who was just offered $15k for a 1980 Sub we just serviced. Pretty whack honestlyJP Chestnut wrote: ↑Wed Mar 20, 2019 12:08 pmThat would have been a great buy five years ago. I turned down a full set mint unpolished matte 16800 with caseback sticker for $4500 because it wasn't my birth year.
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- toxicavenger
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Re: Which watch do you feel will appreciate most in 10 years?
I use to call them watches "shitter's" I was wrong.JBZ wrote: ↑Wed Mar 20, 2019 9:48 amThe folks who really made money on "vintage" Rolexes, etc. were the folks who bought them brand new in the 1960s and 1970s (and maybe 1980s) and never had them serviced , so they kept the original dials and hands intact basically out of sheer laziness or because they just didn't care.
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Re: Which watch do you feel will appreciate most in 10 years?
And the ironic thing is that the people who actually took care of their watches by sending them in for service where they got new dials, hands, bezels, etc. and had the case polished so the watch would look new again ruined the value of their watches because of everyone's obsession with "originality."toxicavenger wrote: ↑Thu Mar 21, 2019 8:58 amI use to call them watches "shitter's" I was wrong.JBZ wrote: ↑Wed Mar 20, 2019 9:48 amThe folks who really made money on "vintage" Rolexes, etc. were the folks who bought them brand new in the 1960s and 1970s (and maybe 1980s) and never had them serviced , so they kept the original dials and hands intact basically out of sheer laziness or because they just didn't care.
Some of the originals still look great, but how many posts are there on TRF of watches with truly awful looking dials that everyone fawns over. "I love the patina, etc." No, the watch just looks like crap. But it's still worth a lot of money.
- toxicavenger
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Re: Which watch do you feel will appreciate most in 10 years?
until their investments turns into thisJBZ wrote: ↑Thu Mar 21, 2019 9:22 amAnd the ironic thing is that the people who actually took care of their watches by sending them in for service where they got new dials, hands, bezels, etc. and had the case polished so the watch would look new again ruined the value of their watches because of everyone's obsession with "originality."toxicavenger wrote: ↑Thu Mar 21, 2019 8:58 amI use to call them watches "shitter's" I was wrong.JBZ wrote: ↑Wed Mar 20, 2019 9:48 amThe folks who really made money on "vintage" Rolexes, etc. were the folks who bought them brand new in the 1960s and 1970s (and maybe 1980s) and never had them serviced , so they kept the original dials and hands intact basically out of sheer laziness or because they just didn't care.
Some of the originals still look great, but how many posts are there on TRF of watches with truly awful looking dials that everyone fawns over. "I love the patina, etc." No, the watch just looks like crap. But it's still worth a lot of money.
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Which watch do you feel will appreciate most in 10 years?
An investment is completely different than “a watch I may sell down the road and make a few bucks on”.
Rolex is the best choice for this.
Example- my -1983 matte dial 16800 I bought for 6k. Less than 4 years later now pushing 10k. Worst watch mistake I ever made was selling it. No i take that back. It’s prob tied with Wu’s round marker no date flake and Craniotes no date blue flake. I’m going to go cry in a corner now.
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Rolex is the best choice for this.
Example- my -1983 matte dial 16800 I bought for 6k. Less than 4 years later now pushing 10k. Worst watch mistake I ever made was selling it. No i take that back. It’s prob tied with Wu’s round marker no date flake and Craniotes no date blue flake. I’m going to go cry in a corner now.
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Re: Which watch do you feel will appreciate most in 10 years?
And they quote Shahien Hendizadeh, the DB that tried to scam me into buying “his” SBGA071 from Feldmar. That’s pitiful.logan2z wrote: ↑Thu Mar 21, 2019 10:01 amThis seems timely...
https://www.nytimes.com/2019/03/20/styl ... tches.html
Re: Which watch do you feel will appreciate most in 10 years?
That's okay. His quote is ridiculous.TSD wrote: ↑Thu Mar 21, 2019 10:59 amAnd they quote Shahien Hendizadeh, the DB that tried to scam me into buying “his” SBGA071 from Feldmar. That’s pitiful.logan2z wrote: ↑Thu Mar 21, 2019 10:01 amThis seems timely...
https://www.nytimes.com/2019/03/20/styl ... tches.html
- JP Chestnut
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Re: Which watch do you feel will appreciate most in 10 years?
Some shithead dealer will make up a catchy name for it and then someone will pay extra.toxicavenger wrote: ↑Thu Mar 21, 2019 9:41 amuntil their investments turns into thisJBZ wrote: ↑Thu Mar 21, 2019 9:22 amAnd the ironic thing is that the people who actually took care of their watches by sending them in for service where they got new dials, hands, bezels, etc. and had the case polished so the watch would look new again ruined the value of their watches because of everyone's obsession with "originality."toxicavenger wrote: ↑Thu Mar 21, 2019 8:58 amI use to call them watches "shitter's" I was wrong.JBZ wrote: ↑Wed Mar 20, 2019 9:48 amThe folks who really made money on "vintage" Rolexes, etc. were the folks who bought them brand new in the 1960s and 1970s (and maybe 1980s) and never had them serviced , so they kept the original dials and hands intact basically out of sheer laziness or because they just didn't care.
Some of the originals still look great, but how many posts are there on TRF of watches with truly awful looking dials that everyone fawns over. "I love the patina, etc." No, the watch just looks like crap. But it's still worth a lot of money.
Re: Which watch do you feel will appreciate most in 10 years?
Canadian Pot stocks will probably do better than a watch over the next 10 year.
Re: Which watch do you feel will appreciate most in 10 years?
Here is one that mite be a cheap investment less than a vintage Rolex. Seiko about ready to reissue a 6105 for over 4 grand. Vintage ones can be had for 1000. I have a vintage Tudor snowflake we use to call it the poor mans Rolex sub well when Tudor reissued the snowflake that changed things the vintage ones got more well known and yuppies wanted them the price caught up with vintage Rolex and kind of ruined it for us poorer collectors. Same mite happen here with the vintage 6105 were they mite go past 4 grand because a vintage snowflake is now worth more than a new reissue snowflake when a vintage snowflake use to sell for 2000 or less 5-6 years ago. Even if it don't go up in price you won't lose any money if you hold on to it for a few years you will all ways get back what you got in it they hold there value and go up a little but with the reissue it just mite be a lot.
- blowfish89
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Re: Which watch do you feel will appreciate most in 10 years?
+1JBZ wrote:16800 is a great watch.
Re: Which watch do you feel will appreciate most in 10 years?
blowfish89 wrote:+1JBZ wrote:16800 is a great watch.
Nice
You’ll be so happy to never sell that
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- blowfish89
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Re: Which watch do you feel will appreciate most in 10 years?
Nice
It’s a perfect one-wAtch
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Re: Which watch do you feel will appreciate most in 10 years?
Looks great - enjoy it!
- JP Chestnut
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Re: Which watch do you feel will appreciate most in 10 years?
Is that minute hand falling apart? If so, have you subsequently stabilized it?
- blowfish89
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Re: Which watch do you feel will appreciate most in 10 years?
It’s been the exact same since I got it, over the last 4 years, I’m not doing anything yet but probably something to keep in mind for the future.JP Chestnut wrote: Is that minute hand falling apart? If so, have you subsequently stabilized it?
Re: Which watch do you feel will appreciate most in 10 years?
When I had my Vintage Hanhart 417 issued bund serviced the watchmaker used super glue underneath the minute hand to stabilize the hand heard pro and cons on that method but it worked on mine. And nice watchblowfish89 wrote: ↑Mon Mar 25, 2019 11:25 pmIt’s been the exact same since I got it, over the last 4 years, I’m not doing anything yet but probably something to keep in mind for the future.JP Chestnut wrote: Is that minute hand falling apart? If so, have you subsequently stabilized it?
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