Rolex experience?

[frayne]

I have no use for watches and retired mine June of 2005 when I retired. With phones and other electronics these days there is simply no need for the utility of a watch. For those who collect and see them as a status symbol that is great, just not my thing. To the OP, I'd rather drop $2K on a trip to St. Andrews and a golf experience but to each his own.

[ChiliPepr]

Quote:

Originally Posted by 97guns I’m open to any brand that will hold value, Rolex and Harley Davidson come to my mind when I think of holding value.

Don't know where you heard Harley's hold their value, but outside of antiques and back in the nineties when supply was much lower than demand, they do not hold their value more than any other motor vehicle.

[97guns]

After reading reply’s I think I’m better off storing my money in gold live I’ve been doing. I was put off with the inability of them to keep accurate time, I was under the impression that it should run like a Swiss watch as the old saying goes.

[Breedlove]

There is an internet club for counterfit high end watches

[aja8888]

Quote:

Originally Posted by Breedlove There is an internet club for counterfit high end watches

A friend of mine that is a serious watch collector told me that some of the high end knock offs are so good that even watch dealers have difficulty determining they are not genuine. They even counterfeit the paperwork that comes with the watch.

[FireBug]

Quote:

Originally Posted by Scrapr your wife didn't rat you out? LOL

I'm thinking Senator's 'story' would have been told with a Queen rather than a King

[gerntz]

My Rolodex spins just fine.

[lwp2017]

Quote:

Originally Posted by flintnational If I were buying, I would wait until the next downturn. I suspect art, watches and other used high end discretionary luxury goods have wide price swings based on where we are in the economic cycle.

So true, buy collectibles and big boy toys like collectible cars on a market down turn.

In 2008-2009 I had good bonus each year and bought a few transferable machine guns at fire sale prices.

As an example, five years layer I sold a HK MP5-SD at 350% of its purchase price.

I knew what I was doing after years of research and following the collectible market. I just wish I would have had more financial courage to buy more.

Watches - I wear a $30 Timex Indiglo since they were first sold.