Wanting a new watch
Discussion
Already have a Omega Seamaster and a Tag Indy 500, but would like something perhaps as an investment as such, max spend of £3.5k. I fancy a Tag Carrera and would like one with a leather strap as oppose bracelet.
A friend of mine suggested Panerai are a good investment but doubt I'd get much for my money. Whatever I bought I'd be looking to wear too.
Don't really wear the Indy so may look to get rid of this. Bought it in Singapore maybe 10 years ago and think I'd get my money back .
A friend of mine suggested Panerai are a good investment but doubt I'd get much for my money. Whatever I bought I'd be looking to wear too.
Don't really wear the Indy so may look to get rid of this. Bought it in Singapore maybe 10 years ago and think I'd get my money back .
For £3500 the answer usually starts with "R" and ends with "olex Submariner".
Or Omega Speedmaster Professional.
Pre-loved. Either of which will be ideal for a daily wearer, and will, on the evidence of the last few years, rise in value if you look after it.
Look at the likes of Hackett Watches, Blowers or Watchfinder. Try to find one which has boxes, papers (cards with the Omega) and preferably a recent service from a reputable independent or the manufacturer.
If you like Panerai, go for it, but they're not for everybody.
Or Omega Speedmaster Professional.
Pre-loved. Either of which will be ideal for a daily wearer, and will, on the evidence of the last few years, rise in value if you look after it.
Look at the likes of Hackett Watches, Blowers or Watchfinder. Try to find one which has boxes, papers (cards with the Omega) and preferably a recent service from a reputable independent or the manufacturer.
If you like Panerai, go for it, but they're not for everybody.
If you want most (or all) your money back in a few years time, only Rolex (new) can offer that (mostly because they increase their prices so often! Surely that can't go on?).
They don't appeal to me, so I'd say buy what you like - A Speedmaster is a good choice (better than, but similar to, the Carrera), although the 'moon watch' is manual.
If you did buy that used you'd have a big chunk of your budget left! A newer version will be all of your budget.
M
They don't appeal to me, so I'd say buy what you like - A Speedmaster is a good choice (better than, but similar to, the Carrera), although the 'moon watch' is manual.
If you did buy that used you'd have a big chunk of your budget left! A newer version will be all of your budget.
M
I normally say "buy a watch for what YOU want and not what anyone else thinks". However as you are selling on then you need to buy something everyone else has heard of and wants to pay money for. I don't like them, and I really don't like the image and the lack of imagination most buyers of the brand display, but the one that reliably fits the bill as others say is Rolex.
Watches are a lousy investment. At best it's naive and at worst its bloody stupid to buy a watch as an investment. Choose to invest in bonds, property or stocks and shares. Choose an ISA. Choose Life. Choose a job. Choose a career. Choose a family. Choose a f
king big television, choose washing machines, cars, compact disc players and electrical tin openers. Choose good health, low cholesterol, and dental insurance. Choose fixed interest mortage repayments. Choose a starter home. Choose a fancy watch you'll enjoy wearing. Choose your friends. Choose leisurewear and matching luggage. Choose a three-piece suite on hire purchase in a range of fking fabrics. Or don't choose life, choose heroine if you like, but for fks sake don't try and convince yourself that a watch is a sensible investment.Wiv tanks two Mister Welsh.
RudeDog said:
At that budget, a boring old Rolex is the most sensible place to put your money. On the bright side, if you wear it you can pretend to be an IT Manager.
Hey!!I am an IT manager, pretending to actually work and knowing what you are doing are in the skillset.
But, i'm wearing a Panerai
2
I am an IT manager, pretending to actually work and knowing what you are doing are in the skillset.
But, i'm wearing a PaneraiI too am an IT Manager, I'm not working today but I am wearing a Submariner 
bobbybee said:
RudeDog said:
At that budget, a boring old Rolex is the most sensible place to put your money. On the bright side, if you wear it you can pretend to be an IT Manager.
Hey!!I am an IT manager, pretending to actually work and knowing what you are doing are in the skillset.
But, i'm wearing a Panerai
mikeveal said:
Watches are a lousy investment. At best it's naive and at worst its bloody stupid to buy a watch as an investment. Choose to invest in bonds, property or stocks and shares. Choose an ISA. Choose Life. Choose a job. Choose a career. Choose a family. Choose a f
king big television, choose washing machines, cars, compact disc players and electrical tin openers. Choose good health, low cholesterol, and dental insurance. Choose fixed interest mortage repayments. Choose a starter home. Choose a fancy watch you'll enjoy wearing. Choose your friends. Choose leisurewear and matching luggage. Choose a three-piece suite on hire purchase in a range of fking fabrics. Or don't choose life, choose heroine if you like, but for fks sake don't try and convince yourself that a watch is a sensible investment.Wiv tanks two Mister Welsh.
Brads67 said:
mikeveal said:
Watches are a lousy investment. At best it's naive and at worst its bloody stupid to buy a watch as an investment. Choose to invest in bonds, property or stocks and shares. Choose an ISA. Choose Life. Choose a job. Choose a career. Choose a family. Choose a f
king big television, choose washing machines, cars, compact disc players and electrical tin openers. Choose good health, low cholesterol, and dental insurance. Choose fixed interest mortage repayments. Choose a starter home. Choose a fancy watch you'll enjoy wearing. Choose your friends. Choose leisurewear and matching luggage. Choose a three-piece suite on hire purchase in a range of fking fabrics. Or don't choose life, choose heroine if you like, but for fks sake don't try and convince yourself that a watch is a sensible investment.Wiv tanks two Mister Welsh.
The trick is picking one today that will do that in fifteen years time.
But hey, you want to believe you have a magic crystal ball, that ain't my problem. I repeat: Investing in watches is at best naive and at worst bloody stupid.
ETA.
Just because Blowers have one on sale for £xxx doesn't mean that yours is worth £xxx, its more like £xxx less at least £400 for a service and another 20%.
OP, its true that you might get very lucky and beak even but its also true that the odds of even doing that are stacked against you. "Invest" elsewhere, use toy money for watches.
Edited by mikeveal on Monday 23 May 12:17
Brads67 said:
Rubbish. The correct watch will certainly be an investment. The increase in value of some of mine has been higher than any ISA return.
So which one is that then?Very easy to say, more difficult to do. 15 - 20 years ago watches weren't as mass produced as they are now, so had smaller production runs, therefore over time become rare.
A rare watch doesn't mean it is desirable or worth anything.
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