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Watches

verreauxi said:
Almost all watches are poor investments, despite what people have said here. The top three brands that hold their value are Rolex, Cartier, and Patek Philippe. Another brand A. Lange & Sohne is also creeping up in value. All other watches, when bought new, will be worth about 50% of their value about 6 months out. This is why the used market is so attractive. Some watches, if you hold on to them long enough will go up in price, but usually this is only on paper, not in practice--this is to say, if you buy a nice watch for 1000 and hold onto it for 10 years, the newest model of that same watch might now cost 3000, but this doesn't mean your own 10-year old watch is now worth 3000. You would never get 3K for it on the used market.
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I would never have thought that because my friend has had a Cartier Tank for around ten years now, and he's had a fair few problems with it along the way.

I've never really been fond of them either, but the issues he has had always made me have the feeling that their cost was somewhat undeserving.

However, you're obviously far more knowledgeable than I am, so I suspect he may have been an exception. On the other hand, I really like Pateks!
 
COYBL25 said:
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My Omega Seamaster 300 is without one of the best things I’ve ever bought mate.

Worth nearly a grand more than I paid for it too.

Had it for over 15 yrs now and bar a couple of services and a few bust links it’s as good now as when I bought it.
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Know nothing about watches but if it's gone up only a grand in 15 years (Of course I don't know the price you paid) and you've paid out for services and fixing bust links is it as good an investment as some have made out?

Of course buying something you love and not being arsed about the "investment" is a completely valid thing. Just curious for curiosity's sake.
 
ClausThomsen said:
Know nothing about watches but if it's gone up only a grand in 15 years (Of course I don't know the price you paid) and you've paid out for services and fixing bust links is it as good an investment as some have made out?

Of course buying something you love and not being arsed about the "investment" is a completely valid thing. Just curious for curiosity's sake.
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I never bought it as an investment mate and it’s going to my lad when I pop my clogs.

I reckon I’ve paid out about 200 in services and new links etc ( serviced at a small independent)
 

COYBL25 said:
I never bought it as an investment mate and it’s going to my lad when I pop my clogs.

I reckon I’ve paid out about 200 in services and new links etc ( serviced at a small independent)
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The gentleman who had a stall in Lewis's was brilliant for servicing. I've heard he's moved to somewhere near James St., but I'm not exactly sure where.
 
ClausThomsen said:
Know nothing about watches but if it's gone up only a grand in 15 years (Of course I don't know the price you paid) and you've paid out for services and fixing bust links is it as good an investment as some have made out?

Of course buying something you love and not being arsed about the "investment" is a completely valid thing. Just curious for curiosity's sake.
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Better than most things though you buy that become next to worthless as soon as it passes the point you can return it for the same money.
 


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