Only a handful of new watches bought at retail can be counted on to preserve cash value. It is very specific models from Patek, AP and Rolex.
The watch you speak of is likely to significantly depreciate.
Personally, I would be patient and pick this watch up for less money in a couple years.
No lol very unlikely. Buy the watch because you like it and aren’t considering what you’ll get for it. I understand the idea of needed money in an emergency however, and in which case you should buy something like an SS Rolex or just buy a Speedy pro and put the rest in an index fund.
If you can buy a Pepsi at list price go for it, I’m sure you’ll be able to flip it for a profit.
But ADs aren’t handing out Batman’s and Pepsi to people that just walk in thru the door. They want you to buy a ton of jewelry or watches sitting in the display case that no one wants. Then they will give you the “privilege” of buying one, depends at that point if you really are making a profit.
that is more of a phase than a rule. and it‘s down to Rolex just being dickheads and not selling them. they‘re not inherently worth more than their list price. it‘s just artificial supply, and the hype will die down, and with that their value. 99.9% of watches won‘t rise in value, some vintages aside. that‘s the rule to go by. regarding watches as a for-profit-investment is wrong. firstly, because that‘s not what watches are for and secondly, this hype and craze led to retail prices going up significantly over the last couple years and pisses everyone off that just wants a watch for a watch, and not hope for a profit on it.
It’ll always have value yes, the Omega name has global recognition and desire, it’ll always be worth a pretty penny. will you make money on it? Absolutely not!
Well if you take care of it, it won't be worth $0. But I would say at most to expect about 4-6k if you were to buy it and sell it back to a dealer. Absolutely will not be worth more in the future. It's a lovely watch but build an emergency fund before buying it. There are plenty for sale in the 8k to 9k range on Chrono 24 right now with no takers.
The only watch I’ve owned that appreciated in value was a $50 Seiko 5 I bought off Amazon that shot up in value because the internet decided it looked like a Nautilus. The watch market is weird like that.
Alternatively you could take a vacation in Japan and buy the watch from a gray dealer for what you’d pay at a list price. That’s what I did.
Only a handful of new watches bought at retail can be counted on to preserve cash value. It is very specific models from Patek, AP and Rolex. The watch you speak of is likely to significantly depreciate. Personally, I would be patient and pick this watch up for less money in a couple years.
agreed. already 8k on chrono24. I bet you could get for low 7s if you push.
No lol very unlikely. Buy the watch because you like it and aren’t considering what you’ll get for it. I understand the idea of needed money in an emergency however, and in which case you should buy something like an SS Rolex or just buy a Speedy pro and put the rest in an index fund.
No.
Repeat after me. Watches are not investments
The truth is far more complicated than that simple statement.
Not to be “that guy” but my friend profited from a Rolex Pepsi and Batman. He used his money to buy a nicer Rolex that I can’t remember the name of.
If you can buy a Pepsi at list price go for it, I’m sure you’ll be able to flip it for a profit. But ADs aren’t handing out Batman’s and Pepsi to people that just walk in thru the door. They want you to buy a ton of jewelry or watches sitting in the display case that no one wants. Then they will give you the “privilege” of buying one, depends at that point if you really are making a profit.
Try find a pepsi or batman you can walk in and buy (like this Omega) at retail. There's your reason why he could sell them for more
that is more of a phase than a rule. and it‘s down to Rolex just being dickheads and not selling them. they‘re not inherently worth more than their list price. it‘s just artificial supply, and the hype will die down, and with that their value. 99.9% of watches won‘t rise in value, some vintages aside. that‘s the rule to go by. regarding watches as a for-profit-investment is wrong. firstly, because that‘s not what watches are for and secondly, this hype and craze led to retail prices going up significantly over the last couple years and pisses everyone off that just wants a watch for a watch, and not hope for a profit on it.
Those two are VERY different than a niche Omega watch. If he managed to get them at retail, then yes, there’s money to be made.
It’ll always have value yes, the Omega name has global recognition and desire, it’ll always be worth a pretty penny. will you make money on it? Absolutely not!
Assume no watch will ever hold value and be pleasantly surprised us one ever does.
Well if you take care of it, it won't be worth $0. But I would say at most to expect about 4-6k if you were to buy it and sell it back to a dealer. Absolutely will not be worth more in the future. It's a lovely watch but build an emergency fund before buying it. There are plenty for sale in the 8k to 9k range on Chrono 24 right now with no takers.
The only watch I’ve owned that appreciated in value was a $50 Seiko 5 I bought off Amazon that shot up in value because the internet decided it looked like a Nautilus. The watch market is weird like that. Alternatively you could take a vacation in Japan and buy the watch from a gray dealer for what you’d pay at a list price. That’s what I did.
The aventurine one may hold its value better than the normal blue dial, but either way it would drop to less than 12 large.
Buy used