Anyone in here into Watches? I collect and trade Rolex | Tudor Mainly but always hunting for highend luxery watches to buy and sell or keep.
I go with fairy generic victorinox/Swiss army watches.
Good watches, but not a disaster if they get broke/lost/stolen.
nothing wrong with those! as a nerd of horology, they all have a place. Victorinox watches have there own LONG history in the space. its worth researching and fascinating. Some of the old ones can be worth some cash too.
I use the higher end stuff as part of my investment portfolio. So far my ROlex has outperformed the stockmarket over the past decade.
example. the first Rolex SUbmariner I ever purchased, i bought for $8300 after tax, wore it for over a year and sold it for $11,500 to help fund the upgrade to a stainless steel, gold two tone submariner. I got it for around $15k and its currenrlty trading for $20k ish.. I owne a few now and all of them are worth way more than my initial investment.
I've got a nice vintage Oyster Perpetual Datejust c.1973(?) that I paid $1K for in 1990. Not sure what it's worth but it's a cool little wrist piece.
I have a Timex Ironman. Bought 20 of them for $20 when the old Timex in NLR went out of business. It has paint on it. Not sure what it's worth now. I'm guessing maybe $2-3. So probably doubled my investment. ;D