A Sound Investment?
What is your philosophy on collecting? Is it an investment or do you collect for pleasure alone?
14 comments
Sort by
Ethan Roberts
I may have a problem….
Indianapolis, IN
Member since
Last active: 9 hrs ago
17.78 cm
If I wanted to flip, I would have sold my Hulk and BLNR two years ago. I’d rather have the watches.
Make more with investments than any watch can do for me. All my watches are strictly for pleasure.
Wrong audience for the "investment" question
Wrong audience for the "investment" question
I’m extremely pleased that’s the case! I love WatchCrunch more everyday.
Watches ARE NOT, at least in my range, a good investment...I seem to buy high and sell low but i make it up in volume...LOL Enjoy the hobby
Watches ARE NOT, at least in my range, a good investment...I seem to buy high and sell low but i make it up in volume...LOL Enjoy the hobby
This has been my experience too! Lol
Whilst it’s great to see no one (as at 5:44 GMT) as an investment purchaser - I clicked option C. myself - and I am kind of shocked more haven’t.
I am in this as a collector but - in order to keep acquiring you have to sell. Also - most times a sale is at a loss - so if you have the odd watch that sells for a profit (maybe you bought it cheaply) that seems pretty fair too!
Whilst it’s great to see no one (as at 5:44 GMT) as an investment purchaser - I clicked option C. myself - and I am kind of shocked more haven’t.
I am in this as a collector but - in order to keep acquiring you have to sell. Also - most times a sale is at a loss - so if you have the odd watch that sells for a profit (maybe you bought it cheaply) that seems pretty fair too!
Thanks for adding a new perspective. 🍻
Pleasure
In my experience, most watches just end up losing you money.
Even with my top-performing watches like AP/PP/Rolex, which have gone up 600% in 30 years, when you adjust for inflation, they pretty much break even.
Therefore, pleasure is my goal.
I dont buy to flip, but I do buy watches that I can resell with minimal depreciation. (I.e. Buy well established brands, pre-owned).
Having been burnt in the past buying brand new and not gelling with the pieces, I tend to only buy pre owned now.
Hey, I've never actually sold a watch in my life. I've given a few away to people I care about, though. Trying to get them to like the hobby, lol. 😆
Hey, I've never actually sold a watch in my life. I've given a few away to people I care about, though. Trying to get them to like the hobby, lol. 😆
Same here!