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Rolex's are the worst investments in watch collecting. Rolex is highly susceptible to overshadowing, so even though a new one is more expensive than when you b
by jawngee 12y ago
Rolex's are the worst investments in watch collecting. Rolex is highly susceptible to overshadowing, so even though a new one is more expensive than when you bought it, it doesn't mean your watch is worth that. It's worth even less if you didn't service it in 2013 and didn't keep the paperwork (Rolex's must be serviced every 3-4 years to maintain value).
Of course, that doesn't mean you can't find someone dumb enough to unload it on for more than you paid it, but a collector isn't going to give you that value for it.
The Rolex Daytona is the exception to this rule though, but Submariners are mass-produced and common for luxury watches.
Source: I collect watches.