Priceless
To me it’s a hobby when you start worrying about retaining value it’s not fun anymore I get it I would love to have a grail watch that would hold it’s value at least but I wouldn’t worry to much about retaining value the heritage and being able to pass it down is priceless some of you got into this hobby because your dad or grandfather gave you a simple 20 dollar watch isn’t t hat priceless my opinion .what do you guys think?
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Peet
Never fancy humble watch lover due to lifestyle in my youth didn’t wear a watch now I wear 2 at a time lol
South Central Los Angeles
Member since
Last active: 1 week ago
Hard to follow without punctuation.
I love all watches. My grail, (a Speedmaster) is for passing down. I'm content buying watches because I like them and residual or retained value is irrelevant cos resale is irrelevant to me.
With no heirs other than my wife I have the luxury of treating this hobby as entertainment and recreation.
Other than personal fulfillment I don't expect a vacation or a good book to return what I paid somewhere down the line. Many people pay more for thier refrigerator than they do their watch without any thought of how their fridge will perform resale wise a few years from now.
Never bought a watch - affordable to higher end luxury - and ever thought about value retention or appreciation. Only focus on if it means something by marking success and/or sparks joy in my day to day life.
Agree. Very funny because on my app there was this thread followed by a poll about which watch would retain value better. I measure the ROI of my watches in my own feelings, not any future cash income from their sale. I don’t own many watches, but I’m also yet to sell any 😜
With no heirs other than my wife I have the luxury of treating this hobby as entertainment and recreation.
Other than personal fulfillment I don't expect a vacation or a good book to return what I paid somewhere down the line. Many people pay more for thier refrigerator than they do their watch without any thought of how their fridge will perform resale wise a few years from now.
I'd like to see the first working refrigerator that appreciated in value & outpaced inflation. Lol
Retain value & hold value are the same thing.
I'd like to see the first working refrigerator that appreciated in value & outpaced inflation. Lol
Right! Make the fridge in China entirely out of precious metals, shipped free by TEMU, have it powered off of grant funded solar panels installed on your taxpayer subsided roof where excess electricity that is generated monthly is sold back to the utility for a non-taxable reimbursement.
Use the fridge to support a feelgood home business like "Solar Powered Brownies" with cannabis edibles as an option. Write off the fridge as a business expense then have the door signed (using Sharpie Inc as a sponsor) by Martha Stewart and Snoop Dog after taking first place at the Green & Greener Organic Awards. At the end of the refrigerators's service life you auction off the celebrity signed door as a non-profit art project and recycle the rest of the refrigerator's precious metals at historically high rates.
That's how you make money off of buying a refrigerator
Right! Make the fridge in China entirely out of precious metals, shipped free by TEMU, have it powered off of grant funded solar panels installed on your taxpayer subsided roof where excess electricity that is generated monthly is sold back to the utility for a non-taxable reimbursement.
Use the fridge to support a feelgood home business like "Solar Powered Brownies" with cannabis edibles as an option. Write off the fridge as a business expense then have the door signed (using Sharpie Inc as a sponsor) by Martha Stewart and Snoop Dog after taking first place at the Green & Greener Organic Awards. At the end of the refrigerators's service life you auction off the celebrity signed door as a non-profit art project and recycle the rest of the refrigerator's precious metals at historically high rates.
That's how you make money off of buying a refrigerator
Seems like a lot of work for $4.
😉🤣
Seems like a lot of work for $4.
😉🤣
A penny saved...
Retained value means very little to me.
With that being said, I often buy preowned watches to avoid that initial hit of depreciation.
I don’t buy watches with the intention of selling them, rather I buy timepieces I like and plan to hold on to.
I think that memories, passing the watches down, and heritage are the most important by far. However I think if your smart in this hobby you can have all that while retaining all your value incase you ever trade out or are forced to sell in a Emergency. Why not have both? And you don’t have to buy expensive watches to do this I sold a 5$ watch I found at an estate sale for 328 dollars and someone bought my 99 dollar g shock for 86 on eBay.
I always assume that the watches I buy lose 50% of their retail value the second I have completed the purchase. Buy and wear what you love simply because you love them. Watches are not investments on the whole.