Watches as an investment

Money, investing, mutuals etc
AAAlphaThunder
Posts: 23840
Joined: Tue Sep 14, 2010 7:23 pm
Has thanked: 212 times
Been thanked: 3317 times
Contact:

Watches as an investment

Post by AAAlphaThunder » Sun Apr 02, 2017 11:01 pm

I was reading the comments over @HUKD regarding this post.

viewtopic.php?f=4&t=75553

So I did a bit of research and this is one of best articles I found for anyone else interested or just plain curious.
There are two answers here, of course, the short version and the long version. The short version is simple: Rolex and Patek Philippe.
http://www.watchtime.com/blog/fratello- ... -in-value/

Also this is a good read:

http://time.com/money/4058109/watches-v ... nvestment/
Thanked by: blythburgh
[Secretary] imutual Cashback Investment Club

pabenny
Posts: 1003
Joined: Tue Jun 29, 2010 4:21 pm
Has thanked: 349 times
Been thanked: 1033 times
Contact:

Re: Watches as an investment

Post by pabenny » Mon Apr 03, 2017 7:24 am

The trouble with all 'alternative' investment is the vast spread - ie difference between buying and selling price. This very quickly swallows up gains. Plus watches produce no income while being held and potentially cost money due to the need to hstore securely, insure, etc.
Thanked by: blythburgh, kevinchess1

Sarah
Posts: 2421
Joined: Sat Jun 26, 2010 9:01 am
Has thanked: 187 times
Been thanked: 1570 times
Contact:

Re: Watches as an investment

Post by Sarah » Mon Apr 03, 2017 8:29 am

If you're going to buy, one of the best ways is Tesco Clubcard Boost 3X for Goldsmiths.
Thanked by: blythburgh

AAAlphaThunder
Posts: 23840
Joined: Tue Sep 14, 2010 7:23 pm
Has thanked: 212 times
Been thanked: 3317 times
Contact:

Re: Watches as an investment

Post by AAAlphaThunder » Mon Apr 03, 2017 3:21 pm

pabenny wrote:The trouble with all 'alternative' investment is the vast spread - ie difference between buying and selling price. This very quickly swallows up gains. Plus watches produce no income while being held and potentially cost money due to the need to hstore securely, insure, etc.
True.

I'm not a expensive watches man.

My friend sees the increase in value as more of a bonus that a solid investment.

Just an idea as the offer on the Omega was "cheap".
[Secretary] imutual Cashback Investment Club

AAAlphaThunder
Posts: 23840
Joined: Tue Sep 14, 2010 7:23 pm
Has thanked: 212 times
Been thanked: 3317 times
Contact:

Re: Watches as an investment

Post by AAAlphaThunder » Mon Apr 03, 2017 3:27 pm

Here is the thread over @HUKD for anyone who wants a more in-depth analysis.

Over 1,000 degrees heat and over 300 comments.

http://www.hotukdeals.com/deals/omega-s ... le-2653142
[Secretary] imutual Cashback Investment Club

planteria
Posts: 5076
Joined: Tue Nov 23, 2010 4:52 pm
Location: Going down the Wednesbury Road
Has thanked: 397 times
Been thanked: 1476 times
Contact:

Re: Watches as an investment

Post by planteria » Mon Apr 03, 2017 6:55 pm

i only own one watch, but it is worth more now second hand than i paid for it brand new a few years ago.

pabenny
Posts: 1003
Joined: Tue Jun 29, 2010 4:21 pm
Has thanked: 349 times
Been thanked: 1033 times
Contact:

Re: Watches as an investment

Post by pabenny » Tue Apr 04, 2017 6:35 am

"Worth second hand"... do you mean the price to buy one second-hand or the amount you would realise if you were to sell the watch?

planteria
Posts: 5076
Joined: Tue Nov 23, 2010 4:52 pm
Location: Going down the Wednesbury Road
Has thanked: 397 times
Been thanked: 1476 times
Contact:

Re: Watches as an investment

Post by planteria » Tue Apr 04, 2017 6:41 am

the latter :thumbup:

AAAlphaThunder
Posts: 23840
Joined: Tue Sep 14, 2010 7:23 pm
Has thanked: 212 times
Been thanked: 3317 times
Contact:

Re: Watches as an investment

Post by AAAlphaThunder » Tue Apr 04, 2017 5:11 pm

planteria wrote:the latter :thumbup:
Well done planteria.
[Secretary] imutual Cashback Investment Club

planteria
Posts: 5076
Joined: Tue Nov 23, 2010 4:52 pm
Location: Going down the Wednesbury Road
Has thanked: 397 times
Been thanked: 1476 times
Contact:

Re: Watches as an investment

Post by planteria » Tue Apr 04, 2017 6:52 pm

thank you.. i don't take any particular satisfaction though, other than that i knew what i was buying, wanted it, and knew that it was a 'desirable' model. as it happens there was a range of 3 and it was the most desirable. what Rolex have then done is bring out a fourth, and delisted one of the original two. that will arguably make the delisted one more desirable :think:

Post Reply

Who is online

Users browsing this forum: No registered users and 1 guest