Quote:
Originally Posted by javadog
It depends on how long you own them.I have owned probably a dozen of them over the last 35 to 40 years and every one of them that I owned for a long time increased in value and I made money on it.
As for the quality, they are as well made as anything out there, if not always finished internally as well as some of the more exotic watches. They are far more reliable than other mechanical watches I've owned, Omega comes to mind here. The factory service centers are exceptional, with reasonable care you can keep one of these running and looking as new for decades.
If you should buy one, keep the original box and everything that came with it, as well as any documentation from its purchase and subsequent service.
|
Agree also be prepared to have it serviced. I am not sure what the intervals are on the new Rolex watches. My old Rolex (early 1970's vintage), when I wore it a lot, seemed to need a service every 5 years, a typical service would run in the $1,000 range. More or less depending on the amount of work it needed.
Also, lesson learned the hard way, do not go to Mall jewelry stores to purchase and especially to service. I used Mayors for 2 of my services and they did not service the watch correctly, but charged me top $$. Find an authorized service facility that is small. I found an old Italian guy right near Jupiter Island, Florida, when he opened up my Rolex a few years ago he asked when I last had it serviced. I told him 7 years prior. He said it looked like it had never been serviced in 20+ years. I know it had 3 services while I owned it for close to 30 years now.
In other words, Mayors was not servicing it, just polishing it up.
I have a couple of Omega's as well, I rarely wear them, I have them tucked away with the Rolex, I may wear them one day every few months.
If you really dig the Rolex buy one, and make arrangements to pass it down to your kids one day. That is my plan.