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Somewhere I read that a Rolex has a very practical purpose - a real one is a commodity that can fairly easily be turned into cash or a bribe in an emergency, bu
by vba616 4y ago
Somewhere I read that a Rolex has a very practical purpose - a real one is a commodity that can fairly easily be turned into cash or a bribe in an emergency, but as a watch, it's not susceptible to being seized by authorities in many circumstances where cash or gold might be.
I don't know if this is true, but it makes a good story.
- hammock 4y agoApplies to jewelry in general, however Rolex tends to hold its value better than most jewelry (vs price paid)
- neilknowsbest 4y agoAlong this vein, I've heard somewhere that pimps wear lots of jewelry because they can pawn it for bail money. Apparently cash can be seized on arrest, but jewelry is classified as some sort of personal property and thus won't be taken.
- astrange 4y agoThat is the reason women used to own jewelry and you were supposed to give them expensive wedding rings. They couldn’t have bank accounts!