(Login tomvox1) VRF Dial Archive Curator from IP address 70.23.98.31
-Anyone who can afford to play in this here pool should not be too worried about fluctuations in value. They are not going to miss many meals if their watches should go down.
-Just think of how big of a hit you'd be taking if these were new cars instead of old watches.
-If you bought a Red Sub at the height of the frenzy for 10k USD and now have to sell it for 8k, the real cost of the watch was 2k out of pocket...about what you'd get for your sapphire Sub from a pawn broker. And think about how much better that Red Sub was to own and enjoy.
-If you bought that same Red Sub for 5k before the height of the frenzy...buy the fellow who paid 10k a drink, you clever bastard.
-Nobody asked you to collect Vintage Rolex. You do it because you want to. If the price fluctuations make you nervous, go back to Hummel figurines or rare Seikos or baseball cards.
-If collecting Rolex watches is your retirement plan...diversify.
-If you think something is overpriced, just check back in ten years and see what it's fetching then. Chances are, you won't be looking like Kreskin.
-Finally, life is too short...to read a lot of threads about Vintage Rolex Price Trends. Strap on your favorite Vintage Rolex, step away from the computer and revel in the joys of owning such a great watch that so comparatively few will ever have (even if it's a GMT, a 1655 Ex II or, gods save us, an Explorer).
Best,
T.
This message has been edited by tomvox1 from IP address 70.23.98.31 on Apr 11, 2010 11:57 PM
everyone should enjoy wearing your vintage Rolex insteading of worrying the price too much...absolutely right !! Back in the old days collecting vintage Rolex was an enjoyment & hobby, nowaday it is an investment to many new collectors, but every investment has its own risk, and it is totally out of our control ! Imagine if you buy yourself a new Porsche 997 you will lose almost 40-50% of what you have paid in 3-4 years time but you have enjoyed the car for those years !!
Just MHO !
I am glad, that we have very few price-threads here compared..
April 12 2010, 12:41 AM
...compared to other watch forums where the main themes are "how safe is the investment in the green sub, or should I buy a NOS GMT2 from 2008 (sic) instead?" or "I want to buy a new watch, which one will increase in value?"
Still the most enthusiastic place here, because it's all about stories, details and the beauty of our old mechanic toys - love and passion
Best, Martin
I bought my GMT cornino about 6 months ago, it asked me a big "investment".
But it was not an investment, it was a dream that I realized at that time (and a complete crazy one compared to what I earn, years of economy for this).
And among the 3 watches I regulary wear, it is on my wrist 6 days / 7 .
Prices can drop or get up, I won't sell it, I love it.
prices drop on the vintage market the better as far as I am concerned. This have been going crazy for too long with "investors" jumping in and pushing up prices. I remember the classic car market of the late 80's/early 90's which after some sensible market adjustment has since remained in the realms of reality. I am waiting to pounce on some nice items which have prevuouly been out of my reach... Good luck to you all and enjoy your passion.... RogerM
I just think that there shouldn't be any limits on what is or isn't discussed. Price is after all the determining factor that dictates if a deal is good or bad.
Personally I don't care much for price reporting any more than you, but I am lucky, my inside info comes from a small network of source dealers/traders/friends who offer me stuff before it goes to the 3 step inflated market...... I just don't like the way people jump all over and seemingly try to suppress those threads. For some on here they are valuable, so for that reason alone I think it is wrong to not have them included.
I agree with Steve. I hope that the price discussion do not become overwhelming, but I like to know what is going on with the market. I think that restricting conversations will limit the "resource" nature of this forum.
Thay being said, prices advertised are only a small portion of what is going on in the market as there is an entire sub-market of watches that are never advertised and therefore cannot be included in any assessment.
it's about buying at a fair market price at the time you are buying. Everyone should know that prices fluctuate. Does anyone here want to pay more than a fair market price in todays market. Lets get real!! Nice warm post, but a bit off IMO.
This message has been edited by seve1939 from IP address 75.202.0.34 on Apr 12, 2010 1:49 PM
IMHO, due to the multiple factors inherent in giving a valuation to a vintage watch...
April 12 2010, 8:21 PM
..."Fair Market Value" is an extremely difficult quantity to define in the abstract, sort of like trying to put a ball park price on a commodity that no two people can experience in exactly the same way, like a painting of very high quality. It might not be your taste at all but someone else might pay double what it's "worth" to own it.
And due to the extremely mercurial nature of the Vintage Rolex market in particular, these sorts of broad valuation/market report posts tend to have the shelf life of a haddock in the sun.
...anybody who thinks they know everything about Rolex pricing & trends, general or otherwise, is full of shit.
Just look at last year's predictions and the the year before that or even 6 months ago. Even people who make their living buying and selling have no real clue. They are guessing.
These market reports are no better than a parlor game and far less interesting.
Better?
Enjoy your watches and have a good life,
T.
I always appreciate your comments. As a matter of fact, I still have an email from you dated 6/8/07 where you helped me with info. re. posting of pictures. Regards from Naples. Fl.
![[linked image]](http://i15.photobucket.com/albums/a379/salmonia/25762_379420886567_530541567_421-1.jpg)
