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Rolex spotting
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Layton Howling Mumps wrote: »5167 will go well above 45k IMHO. Patek just dont give a fcuk and limit supply like nobodies business. Because they sit above Rolex, any softening in prices will be well telegraphed by Rolex beforehand.
They only make around 50k pieces but still! The inflation is crazy. I was pretty lucky. Purchased just before the real madness took hold.Layton Howling Mumps wrote: »
Funny world where a a simple blue/black bezel 40mm stainless is flashy. An honestly they are not....it just that they are the "poster" boy of the Rolex craziness. If I were holding one without attachment I would ditch it. I picked up a black black black GMT2 for that very reason, its discontinued and a little more under the radar while still being recognizable...its creeping up but I have seen BNLR's creeping down a touch.
The PCL are pretty flashy though. Think prices have slowed also for the BLNR. It is discontinued though so will hold a certain value long term.0 -
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Layton Howling Mumps wrote: »Wibbs - Your point on gold is very valid, and again I though that myself, there has to be be some return to intrinsic value, look at the price of a gold daytona versus a ceramic ss, its flipping nuts.
When Hodinkee revisited the John Mayer chap and he was much more about the gold as gold can be with added coloured diamonds I was thinking, maybe he(or his dealers/advisors) has a point? The story of him getting apparently burned over steel sports Rolexes did the rounds for a while and then quietly died down. Part of me wonders did he figure going the gold and gems route was the better bet? The far more rare and harder to fake route, that even if dodgy was still a big lump of gold and diamonds at the end of the day.I picked up a black black black GMT2 for that very reason,Wibbs vintage scare the living daylights out of me, you need a depth of knowledge to swim with those sharks that is impossible to develop as a regular punter.
Truth is, the only reasons I never really got burned, other than flipping now mad money pieces, is because a) I was lucky I got into it before it was a thing, b) always had a limit, usually 300 quid(which says much of earlier times when that limit would regularly get any number of actual quality and actually rare pieces), c) only bought what I actually liked, d) was anal about research along very narrow lines and e) looked in areas nobody else was fighting over(which was partially connected with b). EG Issued military watches were at one time and hard to believe now, a very niche and nerdy hobbiest pursuit. Heuer Bunds for 800 quid, WW2 Hanharts the same, the "Dirty Dozen" of British watches a few hundred quid a piece or less, Longines and Zenith German issued DH's for 200 quid, the rest little more than a steak and chips sit down meal in a chew and chuck cafe. Even Rolex Milsubs at a couple of grand. And the few nerds at the time thought some prices were a bit steep. Bless.
But yeah, new or recent, even with the potential fakes and such, are a far safer bet for the vast majority of people. Never mind the practicalities of wearing a vintage piece.Omega are only popular among omega collectors, and the limited editions are going nuts. The joke going is that Omega are more excited about the moon landings than NASA. I love omega as a brand and I think their watches are lovely, however the only watch I would buy (and will buy anyone selling?) would be an original speed master professional moonwatch, manual, hessalite. Everything else is either too soft, or some limited edition that only 1000 people in the world could be bothered with.Rejoice in the awareness of feeling stupid, for that’s how you end up learning new things. If you’re not aware you’re stupid, you probably are.
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