BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read

Go Back   7Post - 7 Series Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board > Watches

Post Reply
 
Thread Tools Search this Thread
      12-22-2020, 05:24 AM   #1
F10CPROG
Private First Class
77
Rep
169
Posts

Drives: BMW F10 M5 Competition
Join Date: Jul 2019
Location: Essex, UK

iTrader: (0)

Investment Watches

What do we all think is a good investment watch?

Budget of £5-10k... Can be new or used?

I keep looking a Rolex Deep Sea Dwellers...
__________________
BMW F10 M5 Competition
Hyundai i30N
Porsche 986 Boxster S
Appreciate 0
      12-22-2020, 06:01 AM   #2
VeloF1
Second Lieutenant
VeloF1's Avatar
318
Rep
280
Posts

Drives: F82, 996 Turbo S, E46 & E36
Join Date: Oct 2015
Location: Sacramento, CA

iTrader: (0)

Garage List
2015 M4  [0.00]
Oxymoron (watch and investment like jumbo shrimp). Buy stocks or real estate as investments. Buy a watch because you like it whether looks, mechanics or otherwise. Yet, yes, Rolex tend to keep value like Daytona, Subs, etc.
__________________
IG @velof1
Appreciate 6
Murf99314114.00
David701567.00
zx10guy5139.00
XMetal1096.50
sygazelle11091.00
      12-22-2020, 06:23 AM   #3
Murf993
Major
Murf993's Avatar
14114
Rep
1,336
Posts

Drives: Porsche 993
Join Date: Mar 2020
Location: Dog Lake, South Frontenac, Ontario Canada

iTrader: (0)

My .02 cents, watches aren't where I'd park my money for a return. Buy a watch because you like it. I have an Rolex Sea Dweller I bought almost 30 years ago. I think I paid $3000 for it and it's now worth somewhere around $10-12K from what I can see on line. Except those are sellers prices from an AD or used watch specialist, I don't know if I'd get that much privately. Then there is the sentimental value, I'll never sell this thing but leave it to one of my kids. Regarding the Deep Sea Dweller, I'm not sure that's the Rolex I'd invest in for long term return. It's an interesting watch but IMHO doesn't really fit the product line so might not appreciate in value as much. I'd go Daytona or Sub if I was hoping for a return. If you want a Deep Sea Dweller because you want one then by all means that's what you should get.

You may find this interesting if you're looking for investment/collecting time pieces.

https://www.bobswatches.com/auctions
Appreciate 1
VeloF1318.00
      12-22-2020, 07:07 AM   #4
David70
Colonel
United_States
1567
Rep
2,665
Posts

Drives: 06 Z4M Coupe - 13 Cadillac ATS
Join Date: Apr 2012
Location: Cincinnati, OH

iTrader: (1)

Same as above. At 7% return (mediocre), it will double in value every 10 years. Good luck with cars, watches, jewelry and art doubling every 10 years and with these you often have to also figure in maintenance and insurance into your return.

Buy something you like.
__________________
2006 Z4M Coupe - Stromung exhaust, ZHP knob, stubby antenna, clutch delay delete
Appreciate 3
Murf99314114.00
VeloF1318.00
XMetal1096.50
      12-22-2020, 07:17 AM   #5
Murf993
Major
Murf993's Avatar
14114
Rep
1,336
Posts

Drives: Porsche 993
Join Date: Mar 2020
Location: Dog Lake, South Frontenac, Ontario Canada

iTrader: (0)

Quote:
Originally Posted by David70 View Post
Same as above. At 7% return (mediocre), it will double in value every 10 years. Good luck with cars, watches, jewelry and art doubling every 10 years and with these you often have to also figure in maintenance and insurance into your return.

Buy something you like.
Good point on the maintenance. I've probably spent $3000 on my Rolex over the years on the routine cleaning/maintenece.
Appreciate 0
      12-22-2020, 09:08 AM   #6
overcoil
Major General
3069
Rep
5,577
Posts

Drives: M235i 6spd
Join Date: Dec 2013
Location: Mid-Atlantic

iTrader: (0)

Quote:
Originally Posted by F10CPROG View Post
What do we all think is a good investment watch?

Budget of £5-10k... Can be new or used?

I keep looking a Rolex Deep Sea Dwellers...

I've been out if the serious watch hobby for a long time. When every B celebrity was a watch brand ambassador the hobby jumped the shark for me. (kidding).

Good question.
The preowned watches. if buying at auction or jeweler or collector the sale value has usually been maximized.

The Deep Sea (James Cameron) is great looking great tactile extreme built. One issue is that it is thick (and of course still currently in production).

Will any Nomos watch have real values in 10, 20 or 30 years ?

Is there a watch flying under the radar now that in the future will be highly desirable ? I'd read watch guys talk about 1990's IWC Pilot watches{boring ( was there a certain movement that they should have, I don't know)} increasing in value. Any Gerald Genta designed watch may have a chance of enormous potential.

For discussion I think in the future. Yellow gold cases and enamel dials of any (particularly Swiss and German) brand. Movements with, incabloc, glucydur, swan neck regulator. Those will be almost prerequisites for value.

Watches with perlage/perlée and watches known to use real ruby bearings. There may be some cartiers (maybe even early Bvlgari) and other jewelers (used patek and Jaeger movements) these timepieces with incredible movements that the very knowledgeable are aware of could be the real gems over the next decade.

If I were to start researching a watch, not necessarily investment potential, but definite desirable, it would be an early IWC Portuguese. Porsche/IWC's have pretty much been grabbed up. I have a thing for IWC.

5-10k pounds and a good investment ? in new watches probably a diving steel submariner Rolex. What else ?


(3/4 way down page) Auction house's have invaluable info.
https://www.christies.com/features/C..._lang=en&lid=1.
Appreciate 1
Murf99314114.00
      12-22-2020, 10:23 AM   #7
F10CPROG
Private First Class
77
Rep
169
Posts

Drives: BMW F10 M5 Competition
Join Date: Jul 2019
Location: Essex, UK

iTrader: (0)

Nice info guys, thanks.

I usually buy watches because i like them, but they might hold money or go down in value. A guy i speak to locally always buys a rolex every few years and just stores it and tells me tales of watches doubling in value in 3-4yrs.

Wondered if there was a hidden art somewhere?
__________________
BMW F10 M5 Competition
Hyundai i30N
Porsche 986 Boxster S
Appreciate 0
      12-22-2020, 11:58 AM   #8
TheWatchGuy
Colonel
TheWatchGuy's Avatar
3905
Rep
2,524
Posts

Drives: 335xi
Join Date: Mar 2018
Location: CO

iTrader: (0)

the only watches to buy as "investment" pieces are either limited edition rolexes, which you will spend a pretty penny on unless you have a great relationship with a rolex AD, or a steel sports model rolex (sub, GMT, Daytona), which you will spend a pretty penny on unless you have a great relationship with a rolex AD.

And with all of this, there is no way to know what the rolex market will be like in a couple years from now. 3-4 years ago, the rolex market was flooded and you could buy damn near any rolex you wanted for close to or under msrp. Now, the market is still flooded, but watches are "limited" from the ADs so they sell for over MSRP in the secondary market. Now, if Rolex goes back to its old distribution model, or something close to it, you will see the secondary market drop back down and all those people who bought at the premium prices will lose money.
__________________
@drunkcowatches on ig

Am I a watch guy, or do i watch guys?
Appreciate 1
Murf99314114.00
      12-22-2020, 02:23 PM   #9
AlexFL
Brigadier General
7833
Rep
4,607
Posts

Drives: BMW
Join Date: Jun 2019
Location: South Florida

iTrader: (0)

I highly recommend Blancpain Fifty Fathoms. Rare and relatively inexpensive.
Appreciate 0
      12-22-2020, 02:37 PM   #10
ASAP
Major General
ASAP's Avatar
10051
Rep
8,566
Posts

Drives: '23 X3 M40i
Join Date: Sep 2012
Location: FL

iTrader: (0)

the what to buy has already been answered so i'll say what not to buy-

definitely not hublot, breitling or omega
Appreciate 1
      12-22-2020, 03:55 PM   #11
Burnsey
Just A Regular Guy
Burnsey's Avatar
316
Rep
242
Posts

Drives: G80 M3 Competition X-Drive
Join Date: Sep 2019
Location: UK

iTrader: (0)

Garage List
Quote:
Originally Posted by AlexFL View Post
I highly recommend Blancpain Fifty Fathoms. Rare and relatively inexpensive.
Super watch, but drops like a stone from new.

Yes, you can get a discount, but it's a no in terms of investment.

I don't think rarity is available these days, so stay with a recognised brand of a watch you want to wear and wear it. I don't think we'll ever see the Rolex sports situation occur again.
Appreciate 0
      12-22-2020, 04:12 PM   #12
AlexFL
Brigadier General
7833
Rep
4,607
Posts

Drives: BMW
Join Date: Jun 2019
Location: South Florida

iTrader: (0)

Another great inexpensive watch that I really like, even though I don’t know if it’s a good investment, is the Jaeger LeCoultre Master Compressor Chronograph.
Appreciate 3
      12-22-2020, 04:26 PM   #13
overcoil
Major General
3069
Rep
5,577
Posts

Drives: M235i 6spd
Join Date: Dec 2013
Location: Mid-Atlantic

iTrader: (0)

Quote:
Originally Posted by Mr Burns View Post
Super watch, but drops like a stone from new.

Yes, you can get a discount, but it's a no in terms of investment.

I don't think rarity is available these days, so stay with a recognised brand of a watch you want to wear and wear it. I don't think we'll ever see the Rolex sports situation occur again.
If one could find a Vintage 1950’s 1960’s fifty-fathoms in original condition - real collective piece.
The recent fifties are also noted for their pricey service fees.
Appreciate 2
Burnsey315.50
AlexFL7833.00
      01-05-2021, 10:10 AM   #14
hooligan_G01
Space Shuttle Door Gunner
hooligan_G01's Avatar
6430
Rep
5,309
Posts

Drives: 2022 X3 M40i BG/Taco Red
Join Date: Nov 2017
Location: Back in the Mitten

iTrader: (1)

I'll paraphrase an old car racing adage to apply to watches:

How do you make a small fortune collecting watches? Start with a large one....
Appreciate 2
David701567.00
AlexFL7833.00
      01-05-2021, 10:12 AM   #15
hooligan_G01
Space Shuttle Door Gunner
hooligan_G01's Avatar
6430
Rep
5,309
Posts

Drives: 2022 X3 M40i BG/Taco Red
Join Date: Nov 2017
Location: Back in the Mitten

iTrader: (1)

Quote:
Originally Posted by F10CPROG View Post
Nice info guys, thanks.

I usually buy watches because i like them, but they might hold money or go down in value. A guy i speak to locally always buys a rolex every few years and just stores it and tells me tales of watches doubling in value in 3-4yrs.

Wondered if there was a hidden art somewhere?
That could be right regarding the SS Rolex sport models in recent years.

It would require you buying below-market-price 2nd hand watches, however. A neat trick if you can manage it.
Appreciate 1
      01-05-2021, 10:19 AM   #16
hooligan_G01
Space Shuttle Door Gunner
hooligan_G01's Avatar
6430
Rep
5,309
Posts

Drives: 2022 X3 M40i BG/Taco Red
Join Date: Nov 2017
Location: Back in the Mitten

iTrader: (1)

Quote:
Originally Posted by TheWatchGuy View Post
the only watches to buy as "investment" pieces are either limited edition rolexes, which you will spend a pretty penny on unless you have a great relationship with a rolex AD, or a steel sports model rolex (sub, GMT, Daytona), which you will spend a pretty penny on unless you have a great relationship with a rolex AD.

And with all of this, there is no way to know what the rolex market will be like in a couple years from now. 3-4 years ago, the rolex market was flooded and you could buy damn near any rolex you wanted for close to or under msrp. Now, the market is still flooded, but watches are "limited" from the ADs so they sell for over MSRP in the secondary market. Now, if Rolex goes back to its old distribution model, or something close to it, you will see the secondary market drop back down and all those people who bought at the premium prices will lose money.
Indeed. I wonder how many speculators lost their shirts on trying to flip Panerai watches back in the late 2000s when the secondary market cooled off?
Appreciate 0
      01-05-2021, 10:45 AM   #17
GenXer
Major
United_States
1351
Rep
1,031
Posts

Drives: Like a bat out of hell.
Join Date: Apr 2019
Location: here and there

iTrader: (0)

Garage List
I wonder what a 2003 GMT Pepsi stainless steel is worth now?
Appreciate 0
      01-05-2021, 01:01 PM   #18
hooligan_G01
Space Shuttle Door Gunner
hooligan_G01's Avatar
6430
Rep
5,309
Posts

Drives: 2022 X3 M40i BG/Taco Red
Join Date: Nov 2017
Location: Back in the Mitten

iTrader: (1)

Quote:
Originally Posted by GenXer View Post
I wonder what a 2003 GMT Pepsi stainless steel is worth now?

https://www.watchrecon.com/?query=rolex+pepsi+gmt

$10-12K, maybe more depending.
Appreciate 1
GenXer1351.00
      03-12-2021, 09:42 PM   #19
jsf721
Captain
United_States
1096
Rep
855
Posts

Drives: 2019 540i X M Sport
Join Date: May 2019
Location: Long Island, NY

iTrader: (0)

I own several high end watches and a Casio ocean magma rangeman. That Casio was purchased for 600 ish and sells on eBay for between 2700 and 3k. Wish I bought the whole showcase.
Appreciate 0
      08-29-2021, 10:17 PM   #20
DenverSteve
Lieutenant
DenverSteve's Avatar
965
Rep
537
Posts

Drives: 2021 BMW
Join Date: Jul 2021
Location: Denver / L.A.

iTrader: (0)

Quote:
Originally Posted by F10CPROG View Post
Nice info guys, thanks.

I usually buy watches because i like them, but they might hold money or go down in value. A guy i speak to locally always buys a rolex every few years and just stores it and tells me tales of watches doubling in value in 3-4yrs.

Wondered if there was a hidden art somewhere?
Not anywhere near reality from my decades of experience. Unless he's a pawn broker and is buying watches at 1/2 price. Otherwise, you're not going to make much money after standard maintenance and wearing them. The only real "appreciation" from buying anything expensive is the personal enjoyment from owning and using/wearing/driving it.
Appreciate 0
      09-12-2021, 01:35 PM   #21
TexasEd
Second Lieutenant
TexasEd's Avatar
United_States
335
Rep
280
Posts

Drives: M4 Comp Xdrive;2020 Nissan GTR
Join Date: Jul 2021
Location: Texas

iTrader: (0)

By investment if you mean retaining value and/or the ability to increase in value I would recommend Rolex, especially in today's climate of shortages, including Rolex.
Appreciate 1
Nivarox1090.00
      09-13-2021, 11:20 AM   #22
VAcurler
Private First Class
116
Rep
144
Posts

Drives: 21 F23 M240i MT + 09 e90 328i
Join Date: Oct 2013
Location: Colorado

iTrader: (0)

If you are buying a new watch and expect it to go up in price you better flip it as soon as you get it (i.e. buy it at MSRP from your AD and then sell it to someone who doesn't have a relationship with an AD and therefore cannot buy it as MSRP). If you buy something with the expectation that it will go up in price after you buy it, then buy something that isn't being made anymore so that the price isn't artificially constrained by the price of something new. Think of it as the Porsche 911 market. Buy a 2021 GT3 and flip it or buy a 1998 and watch it increase in value but don't buy a 2018 and expect the price to go up anytime soon.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 11:47 AM.




7post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST