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Cars and Cappuccino
Join Date: Nov 2011
Location: NorCar (North Carolina)
Posts: 5,242
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Quote:
Originally Posted by Chocaholic
You will lose money. No question. Don't do it for financial reasons. Get active on watchuseek, watch net, rolexforum etc. You will not outsmart the pros and they often lose money too.
If there's a watch that sings to you, buy it and enjoy. When it gets old, you can sell it but don't expect a profit or even to break even. A fact of life. I recently sold my Panerai PAM 000 at a $700 loss, but wasn't using it and had my eye on something else.
The Ball below was one of my favorites and a very cool brand. It's a Ball 43mm Engineer Red Label. Not getting much wrist time since snagging a Nomos 38 Datum. Check out Ball watches. Great story/history. Would sell this one for about $1400...a $400 loss. Get the idea? Also, never buy any watch without box, manual, hang tags, etc.
BTW...the Omega Wayne mentions above is model 3570.50. Manual wind chronograph. A nice one with full kit will be closer to $3k. But they made lots of them. I doubt they will ever be worth more than that, at least in the next 20+ years.
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Thanks for the info on Ball. I've seen them before and the new ones aren't in the $500 range. However, I have seen some vintage Trainmasters in the past at estate/garage sales. I was told they were from the '1950's/60's. Never really researched them. They were automatic, but not sporty. Out of curiosity, what is an older Trainmaster cost today? I think the ones I saw then were around $250. I have a feeling I might regret what you tell me.
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1987 Grand Prix White "Outlaw" Turbo Coupe w/go-fast bits
1985 Prussian Blau M491 Targa
1977 Mexico Blue back-dated,flared,3.2,sunroof-delete Coupe
1972 Black 911 T Coupe to first factory Turbo (R5 chassis) tribute car (someday)
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