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Old 11-26-2017, 03:35 PM
 
Location: Fort Lauderdale, Florida
8,346 posts, read 7,631,909 times
Reputation: 17642

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Quote:
Originally Posted by ylisa7 View Post
Some of that I knew but that was a really interesting article.

Thanks for posting!
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Old 11-26-2017, 04:36 PM
 
Location: Los Angeles
857 posts, read 480,076 times
Reputation: 2108
I would never spend that kind of money on a watch. I actually own a beautiful Juicy Couture watch that I get compliments on all the time. It has diamond chips all around it and it's stainless steel. The face of it is beautiful. I paid 195.00 for it. I actually have two of them. The other is in Gold.
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Old 11-26-2017, 05:59 PM
 
351 posts, read 732,949 times
Reputation: 574
Quote:
Originally Posted by City Guy997S View Post

I bought one in December 1990 and still have it, rarely wear it. Today that identical watch is 3X the price I paid for it.
You raise an interesting point. Back in the early 00s I purchased my GMT (a second hand circa 1970 Pepsi) for just under 2k. Today I see them selling for 9k. Rolex is one of the few brands that actually goes up in value, where as most other brands halve in value as soon as they leave the retailer.
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Old 11-26-2017, 07:03 PM
 
Location: Saint John, IN
10,702 posts, read 3,444,963 times
Reputation: 12823
People still wear watches? I just look at the time on my phone. My husband has quite a few watches (none a Rolex) but they just sit in is drawer now. He also has not worn a watch in years.
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Old 11-26-2017, 08:16 PM
 
Location: Central IL
13,832 posts, read 7,431,859 times
Reputation: 32092
Quote:
Originally Posted by Nov3 View Post
nope!

I like wearing watches and see no reason to extend money to a Rolex industry. In fact my $1 watch tells the exact same time as a rolex. It serves its purpose.Done...and Done.
You paid a $1 for a watch when you could have used your phone?
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Old 11-26-2017, 08:21 PM
 
Location: Blue Ridge Mntns., NC
10,400 posts, read 14,307,222 times
Reputation: 8945
Quote:
Originally Posted by KevinE View Post
You raise an interesting point. Back in the early 00s I purchased my GMT (a second hand circa 1970 Pepsi) for just under 2k. Today I see them selling for 9k. Rolex is one of the few brands that actually goes up in value, where as most other brands halve in value as soon as they leave the retailer.


If you are not wearing/enjoying your Rolex and there is approx. $7k or $8k profit to be made, why don't you sell it? It is not worth anything actually -- until you take that profit. When you go to meet your make, your beneficiaries will sell it.
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Old 11-26-2017, 09:40 PM
 
1,292 posts, read 1,013,384 times
Reputation: 1980
No. Rolex look plain jane to me. When I was shopping for watches recently I bought a Michele and I love it. It's my everyday watch and looks great. However, I find that for my yoga pant days, the watch is much too fancy. I may purchase a Fitbit soon.
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Old 11-26-2017, 09:46 PM
 
11,528 posts, read 19,645,025 times
Reputation: 18332
Quote:
Originally Posted by reneeh63 View Post
You paid a $1 for a watch when you could have used your phone?
When Im working my phone is in my pocket. Far easier to glance at my wrist as I am working, than stop, put down my stuff and wrestle into my pocket to pull out my phone.

That being said... we own and operate a Janitorial company. So when I work, my hands are probably damp or wet, and probably not very clean. I need to keep track of time, because if a task is supposed to take 5 minutes and the residents have trashed it up, I get to charge extra. Far easier to go open the door, think cha-Ching! , take a photo of the mess and then write down my time.

It would be wonderful to be able to leave my phone out while dealing with a mess, but residents steal and I get wrapped up what I am doing, so the phone stays in my pocket.
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Old 11-27-2017, 07:06 AM
 
Location: Las Vegas, NV.
673 posts, read 247,399 times
Reputation: 739
Default thank you.

Quote:
Originally Posted by CaliforniaGal View Post
I would never spend that kind of money on a watch. I actually own a beautiful Juicy Couture watch that I get compliments on all the time. It has diamond chips all around it and it's stainless steel. The face of it is beautiful. I paid 195.00 for it. I actually have two of them. The other is in Gold.
After I read your post yesterday I looked on their watch site and they have a beautiful selection for under 195, like you said. Some even 116.

All the watches I have are Movado or Gucci have no resale value So even if I spent 3k nobody wants to buy them from me (jewelers) even for rock bottom rate. They say they are "fashion watches w no resale value." One buys for brand only. I actually liked the design. One was a gift & others I bought. Next purchase will be a Juicy Couture. Thanks for the tip!

Why is it only Rolex has resale value? Must be others.
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Old 11-27-2017, 10:39 AM
 
3,369 posts, read 1,578,883 times
Reputation: 10110
I never lost money on the Rolexes I sold.

I just did not feel safe wearing them.
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