Quote:
Originally Posted by AsiaKid
hahah...watch collecting..uhhh...kinda (but I don't have any super nice watches over 100K)..but i realized i wear my polar watch more than anything else...
but watch collecting (for rolex at least) is better than cars...price appreciates if you keep it in perfect condition.
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Or depreciates at a slower rate than cars. Hmmm the 1M might be the exception. Seems like it's going to have a very good resale value.
For Rolex, only daytonas and vintage submariners appreciate. Got one that I bought for $80K last year and it's now close to $100K.
There are other brands that can keep their value. Patek Philippe, Audemars Piguet, Panerai...as long as you pick the right watch