It Is best to sell or to save for the future?

I definitely think the prices will go up throughout the year. The question is how high will they go and is it worth it having a watch with a retail price of 14k just laying around when you could also sell it far over the retail price right now.

And also you would make someone happy who actually wants to have the watch to wear it 😜

just wear it :)

It's a nice watch that deserves to explore the world with you!

Buying safe queens for investment or buying to sell it immediately, is the reason why people that want to buy it because they love it and wanna wear it don't get one at retail. We as a watch community should not feed the problem that we all hate.

Sell it and get your money in the stock market here soon.  You'll make more money that way.  It's unlikely this one will go up that much more.

Your guess is as good as mine. On one side, people are still trying to shelter their savings from inflation. On the other hand, if interest rates rise and the economy sours, others may be forced to sell. 

#nosafequeens Watches are meant to be worn. These were designed as sport watches and through some obscene market evolution,  they have become highly coveted investment jewlery. 

If you're not wearing it and especially if you got it at list from an AD, sell it immediately and put your money to work elsewhere.  If everyone can't see this is a blow off top, then you're too close to it. 

If you don’t need the money right now just hold onto it, if nothing else it will add some diversity to your portfolio. if you can hold it really long term you may be able to pass it on to your kids or eventually sell it 

99% of the time, I say wear it and enjoy it. I get some will say, if you don't like it sell it to someone that will wear it and enjoy it.....

I am also a realist, for example, my youngest is starting to look at colleges and if I had a super piece like yours I'd rationalize keeping it a year or so as it might pay for a semester, you get the idea.

Alternatively, sell and take a vacation with your significant other....after all it's a watch and  memories with your partner are priceless

Hell, I sell watches every anniversary, birthday....those bags my wife collects aren't cheap, lol

There is an old Grateful Dead lyric about "the cards aren't worth it to have if you don't lay them down." or something like that

YMMV

If you are buying to wear. Wear it. As an investment beware the popping of a bubble. Prices are too far removed from reality. Timing the exit is important. Too late and there won’t be the demand to get out. Not investment advice. 

Here is a very wonky economics take on how to think about "assets" versus "consumer goods":

• Companies love to tell us that we're "investing in an asset" if we buy their widget - these are all lies
• In finance terminology, "assets" are things that produce a yield (a stream of income) from a contractual right - real estate produces rents, stocks produce dividends, bonds produce coupon payments.  The price of the asset is nothing more than the net present value (NPV) of all discounted future income streams 
• Consumer goods, meanwhile, do not produce streams of income.  You consume them.  If you buy an apple, you eat it.  If you buy a refrigerator, you use it, and over time it depreciates (parts need to be replaced, and eventually it wears out).  Their only value is in the consumption of that good
• "What about cars?" one might ask.  "I can rent out my car; therefore, isn't it an asset?"  No.  Even rental cars are no more than durable consumer goods that depreciate over time via the consumption of that good.  The stream of rental income falls over time as the durable good depreciates, and the value of that good is tied to the actual consumption of that good.  Anything you earn from renting out the car is earnings based on providing customers with "convenience" as opposed to the car actually being an asset that provides an on-going stream of income.  The opposite of this is stocks.  If you hold 100 shares of GE, the shares produce a dividend, and you collect your dividend every year, without having to consume the shares (you don't eat the paper that the shares are printed on)
• This brings us to collectibles.  Baseball cards, comic books, paintings...  watches...  Collectibles are nothing more than consumer goods.  Yet, strangely enough, human beings are willing to and do pay lots and lots of money for collectible objects.  And, yet, these things have ZERO inherent asset value, as they do not generate on-going streams of income.  So, why do human beings pay big bucks for collectibles?
• The phenomenon is called "consensual illusion."  We all consent to the idea that the collectible is valuable, and therefore it's worth a lot of money.  This is GREAT when you happen to own a copy of Amazing Spider-Man #1, and somebody is willing to pay you $300,000 for it.  But, consensual illusion can also bite you in the @&&.  Elvis memorabilia used to be worth a TON!  And lots and lots of people paid big bucks to own the King of Rock & Roll's rhinestone belt or what have you.  And, well, then new artists like Katy Perry and Lady Gaga came along, and Elvis fans started leaving this mortal coil due to old age...  and next thing you know, that rhinestone belt that used to auction for $100,000 now only sells for $10,000 and so on and so forth.  The consensual illusion has dissipated on this particular class of collectibles

With all that in mind, a Rolex is nothing more than a consumer good.  And it has become a collectible consumer good.  Prices started skyrocketing for this collectible in 2016, due to the "Instagram Effect"  

• The question you have to ask yourself is:  "Is the consensual illusion around Rolex going to continue indefinitely?  Or is the spike in Rolex pricing temporary?"
• At least, with an Amazing Spider-Man #1, nobody can produce additional substitutes.  There are only so many Amazing Spider-Man #1's in existence.  Even then, though, the price is based on nothing more than consensual illusion
• With a watch...  well...  more and more are being produced every day

The laws of supply and demand are inexorable.  Do you expect demand (due to the Instagram Effect) to always and forever outstrip supply?

I frankly think that prices will jump further this year, especially as Rolex bumped up their prices (about 10% across the linup) at the beginning of the year. But don't forget why you bought the watch in the first place.

Is WatchCrunch for watch nerds or for investment / money grubbers. I own  a 1985 Fat Lady and an 18K 6085 (Semi) Bubbleback AND I own them next to many other nice tikers because I´m a watch guy. I earn my living from beeing an engineer and not with hording Rolexes and definitely not from speculation profits. So is  this the wrong place for me ?

there is enough room for different ways to live watches

I think it is a place where "money grabbers" is not appropriate to write.

Maybe you don't know why I'm thinking to sell something I was looking for.

You are too quick in your judgement and you seem to have some preconceptions.

Think before write and then if you have to write nonsense do not write. At least on my posts, please.

@Omeganut I've always considered watches to be an asset, but mostly in terms of the fact that I don't think of them as pure expenses. If I spend $10K on a vacation, that money is gone (the memories and experiences remain, but have no monetary value). If I spend that same money on a watch, I can turn around at some point in the future and sell it to recoup some of the original value. In certain cases, the value may even go up, resulting in a net gain when the watch is sold.

I like the term "consensual illusion", as the value of any given item is limited by what people are willing to pay.  If someone offered me a Birkin bag for $5K I'd jump on it, knowing that the "consensual illusion" in that collector community would place a much higher value on it, and I could easily and quickly sell it for a significant profit. If I had to keep the bag, and wasn't allowed to sell it, there is no way that I'd be willing to pay anywhere close to that amount.  The "consensual illusion" in the watch enthusiast community results in Rolex watches currently trading at well over "retail" prices, but that could obviously change in the future. I personally think that Rolex prices will continue to climb before that happens.

I like your thinking!

Here's some commentary from a writer, who captures that sentiment very powerfully:

• There’s a phrase going around that you should “buy experiences, not things.”  People, it’s claimed, think that having a lot of stuff is what’s going to make them happy.  But they’re mistaken.  A Lamborghini may be fun to drive for the first days or weeks, but pretty soon it fades into the background of your life.  The drive to accumulate stuff is an evolutionary relic that no longer fits our modern situation.  Better to embrace minimalism and focus on immaterial things like experiences, whose memories you can treasure forever.
• While I appreciate the Stoic-style appraisal of what really brings happiness, economically, this analysis seems precisely backward.  It amounts to saying that in an age of industrialization and globalism, when material goods are cheaper than ever, we should avoid partaking of this abundance.  Instead, we should consume services afflicted by Baumol’s cost disease, taking long vacations and getting expensive haircuts which are just as hard to produce as ever.
• Put that way, the focus on minimalism sounds like a new form of conspicuous consumption.  Now that even the poor can afford material goods, let’s denigrate goods while highlighting the remaining luxuries that only the affluent can enjoy and show off to their friends.

It's funny, but amongst my friends and neighbors, I have to hide the fact that I collect watches, because it's frowned upon to engage in "crass consumer culture."  Amongst my peer set, if I were to reveal to anyone that I owned luxury watches, it would be akin to announcing that I have a venereal disease.  However, if I were to bust out a $3k bottle of Petrus for dinner, or talk about sending my kids to a $20k/child 8-week summer camp in New England, everyone would nod their heads in wonder at how deep a soul I am to appreciate the miracles of "character building" and "immersing oneself in learning."

Too funny.  Instead, I do the exact opposite.  My mantra is "Buy things, not experiences!"  They're a lot cheaper, and they'll make you a lot happier.  Especially watches!

Now you should wear it and enjoy it and KEEP it. In the future who knows... Maybe you can sell it or keep it. In this moment the prices of Rolex are increasing every year ...

Sold yesterday. Now I can choose something better.