(Login figcar) Moderator from IP address 126.96.36.199
1. Which Rolexes do you feel are on the way up...and which, in your opinion, are on the way down? Tomorrow's new stars and tomorrow's soon to be has-beens. And which are just treading water...either below their value or at and above their tops?
2. If you could only have three Rolexes and those would be the only watches you could own and wear for the rest of your life (sort of removes the profit motive), what three would you chose...and/or do you have them already?
I believe they're on their way up all the transitional references : 16660(Matt) 16760(no date) 16800(matt) 16808
While i believe are a little overprice all those 10K$ Ovettoni and 1803 Smalti.
I also believe the 1803 in normal configuration is "Best buy" in Rolex worlds and 6239 and 6262 should cost more than 6263 and 6265
If i could have only 3 watches , i believe with these 3 that i already have i could be fine.
If i'm lucky in life i might upgrade or add but with a steel 16520 a gold 16528 and a vintage 6262......i'm happy and fine.
1. I am with G that the matte transitions trending up simply because as years pass, they become "more vintage". Of course I am bias because 16760 no date is on his list . The group that could be trending down is "the box and papers". Like most issues, it lingers at the back of your mind several years hence and that affects people's perception of value. The super special milsub, comex and the likes have no reference points and there will always be somebody sufficiently endowed to pick one up.
2. My choices would be a 6542 gmt, gilt 1016 and red sub (don't care meter first, feet first or hand first). I know these are not exceptionally rare but I would happily rotate the three. Why? Because they would cover my spectrum of activities and occasions; travels, formal and outdoors.
1. On the way up - Anything with a good condition gilt dial (5513, 1675,1016) because many of the gilt dials have been replaced over time with service dials. I also agree that the 16660 or the 16600 will be good buys as they might be superseded by another one in the future. Also, anything vintage with a dial that has been out of production for many years. For instance, even a simple airking with an old index dial with original hands. They are cheap buys. Of course, I think the 6265/6263 will always be desirable, along with the milsubs.
On the way down - Not sure. Any Cellini.
2. If I would chose only three rolexes, I would probably go with a simple 5513 (gilt or matt), 6265 and 1675 (gilt with small got hand).
First of all I have to say that I have witnessed over the years a direct correlation to watch process and the stock market/economy, and see these as a leading and not a lagging indicator of market trends. I recall in 2008 5513s and matte dial 1675's selling for $3.5K, red subs going for $5K, and gilt 1675 commanding not much more of a premium then...
I do think that any watch, Rolex included (but other than a very rare complication Patek) that goes for over $200,000 is overpriced, no matter its rarity or provenance.
My three would be really only two, if I could have them: a three-color white dial PN chronograph, and a 6542 in 'knock your socks off' stellar condition. Everything else is a distant third with these two in the ring.
I have either two of them or one and one half of them now.
August 10 2012, 11:50 AM
But at the center is my favorite 1013. My second favorite is my 1018...with an astrik below. My third is my black dialed 1013 that I sold and now wish I could find and get back. And if I got that back and fate put a nice 5508 in front of me, I might let the 1018 go. I have come to the conclusion that it is good to have at least one steel watch for those times that gold just doesn't seem logical.
Still my favorite...1013.
The 1018 that is currently getting about 70% of my wrist time.* But would I sell this and replace it with a 5508?
The black dialed 1013 that I let get away and would love to find again.