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SVTPerformance's Chain of Restaurants
Pics and Videos Buffet
Are there any other watch enthusiasts here? Some of my Watch Collection.
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<blockquote data-quote="99MustangGTman" data-source="post: 16968351" data-attributes="member: 55199"><p>If you can buy a brand new one, I would say go for it. Nothing wrong with a pre-owned one either, but the reason the waiting lists are insanely long partially is because a brand new Rolex is cheaper than it's pre-owned counterpart.</p><p></p><p>For example, I'm waiting for the call to get my 23' Rolex Explorer, most likely a 24' model due to the average wait time. That watch new is $7700 (224270). A pre-owned 214270 (39mm version) goes for $8-$10k, and mostly siding on the higher end of pricing, and sometimes selling for more than that, but prices are starting to slowly fall down. That doesn't mean they're finally not selling for $10k+ for a pre-owned one, that means they're starting to settle in the $8,000-$8,500 range.</p><p></p><p>There are few material objects that don't lose value over time, one of those is Rolex which appreciate with time. One of the reasons I never think it's a bad idea to pick up a Rolex, pass it on to your children one day and it will be worth quite a bit. Now, not everyone can afford a Rolex and i'm not saying anyone should sell other possessions to buy one, but if you're financially comfortable, and can also track one down, I would say go for it.</p><p></p><p>The Daytona will always be a classic and I would say buy what you like the most. Buy what color combo you like the most because it will be on your wrist. 98% of people will have no idea you're wearing a Rolex except for the very few or when your go into different watch boutiques. I personally really want a Hulk GMT Master II, but that's just me and some may think it's too much green and opt for the Starbucks version with just the green bezel. When it comes to the Pepsi dial, it's not like it's going to be hard to find. It's one of the most popular designs and the reason so many watch companies have copied it. Even if Rolex stopped making it today. I think you could still find one without much hassle.</p><p></p><p>I will say, I am perfectly fine waiting for my Explorer, but I will probably pick up the one watch i've wanted for a long time, but it just never came up in a trade deal or I bought another watch and then saw one pop up for a steal and just couldn't justify spending that much more money after I picked up a Seamaster Aqua Terra or something equivalent. The watch i'm referring to is a Zenith El Primero Chronomaster 1/100 of a second. The flying seconds hand is just so damn cool. Rolex has Zenith to thank for their movement and used their movement for 10 years in the Daytona starting in the late 60s I believe before they created their own in-house movement and from there have never used another 3rd party movement.</p><p></p><p>Oh yeah, for anyone thinking of all the other companies and how Rolex is being rivaled in their global reach, think again. I'm not sure if I said this already, but as of 2021 Rolex SA/Tudor SA held 25% of the watch market around the world with over 1 million watches sold that year. The next closest competitor was Swatch at 8%, mostly coming from their Omega sales. Besides the independent companies like Nomos (which I love since they have the best customer service i've ever experienced) and others, you have 3 main companies holding all these watch companies. The Richemont Group, LVMH, and Swatch.</p><p></p><p>Like I said though, it's your watch, and choose a dial/bezel that will make you smile everytime you look at it. Sometimes I look at my watches and put my hand over my face and think, "Good God, why did I spend that much?" Haha. Best of luck to you!</p></blockquote><p></p>
[QUOTE="99MustangGTman, post: 16968351, member: 55199"] If you can buy a brand new one, I would say go for it. Nothing wrong with a pre-owned one either, but the reason the waiting lists are insanely long partially is because a brand new Rolex is cheaper than it's pre-owned counterpart. For example, I'm waiting for the call to get my 23' Rolex Explorer, most likely a 24' model due to the average wait time. That watch new is $7700 (224270). A pre-owned 214270 (39mm version) goes for $8-$10k, and mostly siding on the higher end of pricing, and sometimes selling for more than that, but prices are starting to slowly fall down. That doesn't mean they're finally not selling for $10k+ for a pre-owned one, that means they're starting to settle in the $8,000-$8,500 range. There are few material objects that don't lose value over time, one of those is Rolex which appreciate with time. One of the reasons I never think it's a bad idea to pick up a Rolex, pass it on to your children one day and it will be worth quite a bit. Now, not everyone can afford a Rolex and i'm not saying anyone should sell other possessions to buy one, but if you're financially comfortable, and can also track one down, I would say go for it. The Daytona will always be a classic and I would say buy what you like the most. Buy what color combo you like the most because it will be on your wrist. 98% of people will have no idea you're wearing a Rolex except for the very few or when your go into different watch boutiques. I personally really want a Hulk GMT Master II, but that's just me and some may think it's too much green and opt for the Starbucks version with just the green bezel. When it comes to the Pepsi dial, it's not like it's going to be hard to find. It's one of the most popular designs and the reason so many watch companies have copied it. Even if Rolex stopped making it today. I think you could still find one without much hassle. I will say, I am perfectly fine waiting for my Explorer, but I will probably pick up the one watch i've wanted for a long time, but it just never came up in a trade deal or I bought another watch and then saw one pop up for a steal and just couldn't justify spending that much more money after I picked up a Seamaster Aqua Terra or something equivalent. The watch i'm referring to is a Zenith El Primero Chronomaster 1/100 of a second. The flying seconds hand is just so damn cool. Rolex has Zenith to thank for their movement and used their movement for 10 years in the Daytona starting in the late 60s I believe before they created their own in-house movement and from there have never used another 3rd party movement. Oh yeah, for anyone thinking of all the other companies and how Rolex is being rivaled in their global reach, think again. I'm not sure if I said this already, but as of 2021 Rolex SA/Tudor SA held 25% of the watch market around the world with over 1 million watches sold that year. The next closest competitor was Swatch at 8%, mostly coming from their Omega sales. Besides the independent companies like Nomos (which I love since they have the best customer service i've ever experienced) and others, you have 3 main companies holding all these watch companies. The Richemont Group, LVMH, and Swatch. Like I said though, it's your watch, and choose a dial/bezel that will make you smile everytime you look at it. Sometimes I look at my watches and put my hand over my face and think, "Good God, why did I spend that much?" Haha. Best of luck to you! [/QUOTE]
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Are there any other watch enthusiasts here? Some of my Watch Collection.
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