Thread all abt ROLEX - Part 2

[gaoxing84]

No, because it's not made by the Swiss that's why it was never considered part of the the trinity.

VC also bought out by Richemont what - but it's still consider 1 of the trinity

one big reason why people exclude it from the holy trinity is because Richemont bought them, everything else in terms of movement, finishing, innovation and design is easily on par if not superior

pls take a good look at the crown jewel of the Saxonia family

 

[gaoxing84]

A.Lange is one hell of a watchmaker. The craftmanship easily pwn AP anytime.

i won't say that. AP is solid as well, for their grand comps.

 

[rlskyline]

If I wanna sell an old Rolex, should sell it to one of those dealers like Chuan Watch or try to sell by myself? Usually how much mark down will the dealers offers vs what I see on Chrono24?

chuan watch takes in at very bad price. from my previous experience asking

 

[Pampers]

No, because it's not made by the Swiss that's why it was never considered part of the the trinity.

VC also bought out by Richemont what - but it's still consider 1 of the trinity

I stand corrected, that is indeed a bigger reason if not the biggest which is a very big mistake on the public's perception

 

[gaoxing84]

I stand corrected, that is indeed a bigger reason if not the biggest which is a very big mistake on the public's perception

doesn't matter what the public perception.

i put lange finishing on top of patek that's for sure.

 

[wahjohreno]

Lange makes the type of watches that sifts out people who truly wear watches for themselves vs people who wear watches for others.

Looking at the

amount of money you must spend to enter

versus

value retention/appreciation

you need strong conviction to throw your money at it.

 

[Damienic]

Lange no doubt makes very good watches but too bad, the resale value is pretty bad.

 

[All in a Day]

Lange makes the type of watches that sifts out people who truly wear watches for themselves vs people who wear watches for others.

Looking at the

amount of money you must spend to enter

versus

value retention/appreciation

you need strong conviction to throw your money at it.

U just need to be rich enough to view the watch as an expense and have no care for value retention

 

[Damienic]

U just need to be rich enough to view the watch as an expense and have no care for value retention

There are two groups of rich people. One appreciate the watch as it is for its craftsmanship, beauty and doesn’t care value retention. Another one rich enough and not looking to sell his watches but yet cares about value retention. The truth is, there is still quite a lot of people who don’t like the idea of owning a fast depreciating item. To these people, it feels good to buy something that can hold value. Just like there are rich people who will always try to buy properties that can appreciate or at least hold value but there will always be those who don’t care at all

 

[Pampers]

is Rolex going to continue dropping in price

 

[rlskyline]

is Rolex going to continue dropping in price

it looks like dropping by the day

 

[fade_white]

Just like TSLA, overinflated price

 

[patryn33]

There are two groups of rich people. One appreciate the watch as it is for its craftsmanship, beauty and doesn’t care value retention. Another one rich enough and not looking to sell his watches but yet cares about value retention. The truth is, there is still quite a lot of people who don’t like the idea of owning a fast depreciating item. To these people, it feels good to buy something that can hold value. Just like there are rich people who will always try to buy properties that can appreciate or at least hold value but there will always be those who don’t care at all

These 2 type of rich ppl, the wrath they hold maybe very diff leh.
Don’t care group maybe super rich, sell watch also cannot dent impact stocks or biz issue.

 

[patryn33]

A.Lange is one hell of a watchmaker. The craftmanship easily pwn AP anytime.

there is also roger w smith, 12 watch a year. Starts from usd$150k

 

[Kyo_kusanagi86]

If I wanna sell an old Rolex, should sell it to one of those dealers like Chuan Watch or try to sell by myself? Usually how much mark down will the dealers offers vs what I see on Chrono24?

try taking the watch to bencoolen. After 1 walk, you will know the price to sell le. Bright time look for James.


Read HWZ Forum Rules!

 

[gaoxing84]

Lange no doubt makes very good watches but too bad, the resale value is pretty bad.

times are changing. prices for lange is going up.

 

[gaoxing84]

U just need to be rich enough to view the watch as an expense and have no care for value retention

it was never an investment in the first place.
just an expensive toy

 

[raidorz]

chuan watch takes in at very bad price. from my previous experience asking

Hmm any stores to recommend?

 

[Damienic]

Hmm any stores to recommend?

Ngee Hoe at The Bencoolen is quite ok

 

[raidorz]

How do you all determine that grey market prices are going down?

Went down to Bencoolen, a lot of stores not taking in my old gold 1803