I have 2 RADO over the past 35 years. Probaly 12k . I do not consider an investment . 500k watch an investment but i am not that rich and i am not stupid to call an investment
Whats going on with the prices of Rolex Watches
- Thread starter sofie01
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That is my point. Expensive watches are just a commodity, just as a guy with a Mercedes may have purchased it for $42,000 second hand and not bought it new for$110,000. Luxury cars and watches are so ubiquitous the novelty of exclusivity is lost. I have a Tudor ( graduation gift ) and a Rolex ( passed down in the family ) but I do not wear them anymore for fear I might get robbed. Expensive watch robberies are so common in London these days they have decoy police walking around with expensive jewelry and watches to lure thieves out. My two Pagani under $100 CDN. Rolex homage watches are just fine by me.
Undercover officers wear luxury watches to attract criminals. #police #shorts
Over the course of 7 months there has been a sharp rise in high-value watch robberies in central London worth £4 million.Undercover officers set out patrolli...
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Not accurate at all I'm in the business and May was the busiest month for international purchases. Majority of buyers are from UAE, Hong Kong and other Middle Eastern countries as they splurge way more than those in North America when it comes to luxury watches. Audemar Pigeut watches are in high demand.
Are you saying that the Rolex price did not go down significantly compared to its recent peak around lockdown time?
Is a Rolex or a Tudor watch an investment? Can you sell it and get anywhere close to what you paid for it. I see it the same as buying gold jewelry as an investment. I have never sold any of my watches or any gold jewelry, but I think it you will not get anywhere close to what was originally paid. The people that will make the money in used watches or gold jewelry are the middle men that will buy low and sell high. I have a Tudor and a Rolex, as well as homage watches of both. I also have a Rolex Homage watch of the Rolex Daytona which cost me ( on sale ) $78 CDN, a Rolex Daytona goes for about $15,000-$18,000. I have no need for a Rolex Daytona when I can wear a quality clone Homage with a Seiko movement in it. All my watches tell the time as needed, the more expensive watches do not do more. In this day and age where people have their expensive cars hijacked on the street, I need to wear an expensive watch like I need a crack on the head.
- Bill, what did you get your wife for the anniversary?
- a pearl necklace
- hadn’t she asked for a Mercedes?
-Yeah but where would I get a fake Mercedes
A man made diamond of the same category as a mined diamond are identical, except for their origins. The mined diamond will sell for 3 times the price of the man made diamond. A jeweler can not tell the difference between the two with standard jewelry store equipment. So to insist on having the mined diamond only impresses the jeweler and enhances his wealth, otherwise other people can not tell the difference. It is DeBeers that limit and artificially drive the price of diamonds up in value. Rolex and other luxury watch makers do the same by limiting supply. I have Pagani homage watch of a Rolex Daytona for a fraction of the price, $18,000 vs. $100. How much better can a Rolex tell time vs. a Seiko or homage Rolex look-alike?
A rapper that has a Rolex 1/4 of his net worth on his wrist and drives around in a used Mercedes at another 1/4 quarter of his net worth does not impress me. If he buys his bitches and hoes Cristal Champagne ( $500 at the LCBO or $800-$1000 at a club ), it may impress them. People that scratch and claw to posses luxury items will say things like " That is class " meaning that mere possession of an item will enhance the quality and intelligence of a person. It does not. People are in a class, they can not obtain or possess it.
A rapper that has a Rolex 1/4 of his net worth on his wrist and drives around in a used Mercedes at another 1/4 quarter of his net worth does not impress me. If he buys his bitches and hoes Cristal Champagne ( $500 at the LCBO or $800-$1000 at a club ), it may impress them. People that scratch and claw to posses luxury items will say things like " That is class " meaning that mere possession of an item will enhance the quality and intelligence of a person. It does not. People are in a class, they can not obtain or possess it.
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So why do you feel the need to wear a watch that looks like a Rolex from a distance but is 100 times cheaper?
The way I see it is that it is like driving a $160,000 Mercedes and a $75,000 Lexus. I do not care about impressing the people on the outside of the car if I am impressed and pampered on the inside then that is all that matters. I get the car at about half the price and with quality and reliability as a bonus. As far as watches go I have a Tudor that was given to me as a gift, The sentiment as a gift is more important to me than the watch, the Rolex that I have is a family heirloom. The Pagani homage Rolex look alike @ $100 CDN will look as good as the Rolex Daytona at the price of $20,000. I can take the savings and double and triple it every year on the stock market. My track record speak for itself, I do have the experience and ability to do it. Am I being frugal or practical? I think I am doing both. I am content to wear quality watches with the satisfaction of getting them at lower end Seiko prices. FYI - These homage watches do have Seiko movements. The question you may want to know is the homage watches as good a quality as Rolex and Omega. IMHO they are very close.
On the matter of Replica or fake big brand name high end watches. I would be very careful going into another country or re-entering Canada with them as they can be seized and/or taxed.
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if inside was all that mattered you would wear a seiko, not a “homage” that basically for all intents and purposes is a fake Rolex except for the small print
That would be a false statement. Having a Seiko movement inside is assurance that it will last for years. Not having the Rolex name on the outside but still the quality and workmanship of the high end watch is value for your money. I am satisfied with the watch on my wrist. I am not impressed by other people wearing high end watches as I know that there are many out there with many more fakes. Maybe what put me off on high end watches are some people that I know that scratch and claw to get into the league of the rich and famous. The first thing they do is get a Rolex watch or a fake Rolex watch and try to hang out in these circles.
There is a very well known guy that inherited his money from his famous father, I have never met him. I did meet one of his employee social climbers that work for this guy, I think he is 3 or 4 management levels down from the top. He is forever talking about his employer as if they are equals when he is really hatchet man that produces for the company or he is out on his ass. He was telling me about the luxury cars that he was buying. My guess is that his company car was not even a high end car. I told him that a jeweler had showed me a watch that was brought in for repairs that turned out to be a fake. This wannanbe asked me if I knew where he might get one of these fake watches. If I did, I would not tell him.
I like to taunt this fake guy that wants a fake luxury watch and buys off lease luxury cars that the only way to succeed in the stock market is to have an inside track in information. I told him that the establishment of banks and financial institutions manipulate the market and when everyone is selling they are buying, and when everyone is buying they are selling. He asked me how he could get into the Illuminati. I told him to go ask his boss, but if the answer is no his fate would be sealed.
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Seiko is not a high value watch. It’s a Toyota of watches.
A “homage” is a thinly disguised fake. It’s a Hyundai genesis at best. If a Hyundai owner feels necessary to participate in a thread about Mercedes, is he really comfortable with his Hyundai?
Seiko is a Toyota of watches.
grand seiko is a Lexus.
This thread is not about either of them.
a $100 homage is not even a Toyota.
when Toyota guys feel the need to talk about how a Mercedes does not have the best engine or is not the best value for money it smacks of inadequacy.
Simple.
and lexus is certainly a toyota and none of them is a mercedes.
Keep defending $100 "homages" and welcome to my ignore list
The sales of Grand Seiko watches have steadily increased in the last 10 years to now rival the sales numbers of Rolex watches. The people that have the means to buy luxury watches want to have a variety of choices. In a room full of Rolex and Omega watches the Grand Seiko has exclusivity. According to the video below, the fit and finish if the Grand Seiko is miles ahead of the Rolex, but does not have the same pedigree and reputation. Some watch enthusiast will argue that who will take a microscope to your wrist to look for imperfections an dust when you are wearing the watch. By the same argument, who will get close enough to see the name on your watch when you are wearing a homage watch.
Garrett,
Congratulations on making it to Leimonis's ignore list. I am on Phil C. McNasty's ignore list, but I share it with other achievers of this distinction.
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I have never been dissing grand seiko or even seiko which I consider a perfectly good watch with its own legacy (as opposed to $100 homages which I would never touch).
however seiko has nothing to do with this thread. And bringing it up is not a good look.
an average grand seiko is maybe $5000.
An average Rolex has got to be $10-15k or more. And Rolex holds value way better than grand seiko.
So talking about seiko in this thread makes as much sense as explaining here that you can check time on your phone and you don’t need a watch.
Of course there is nothing wrong with Seiko watches. Debating whether Grand Seiko watches are in the same league as established luxury watches is a relevant to the discussion. As far as Grand Seiko sales vs. Rolex sales, they are equals at this time. This is the price range of Grand Seiko watches:
Grand Seiko watches are known for their exceptional quality and precision, and their prices reflect this. Here are some general price ranges for new and pre-owned Grand Seiko watches:
- Entry-level: $2,450 - $4,200 (e.g., Grand Seiko Elegance SBGM221)
- Mid-range: $5,200 - $10,800 (e.g., Grand Seiko Spring Drive, Hi-Beat 60th Anniversary)
- High-end: $10,236 - $36,950 (e.g., pre-owned Grand Seiko pieces with high-end complications or limited editions)
As far as your opinion that regular Seiko watches are better than a homage luxury watch, I would say that argument does not hold water. As many homage watches have Seiko movements and a fit and finish to rival the luxury brand watches. Re: video in post #55.
So IMHO I see value in buying a $100 homage watch from Ali Express ( all taxes and duties in ) Rather than paying$180-$250 for a Seiko at the Bay.
