Value of Rolex's go up because there are many who still think Rolex is a status symbol and are willing to pay for used ones. You'll be lucky to recoup your investment on majority of watches you buy. The "loss" when u sell is the $ you pay to "enjoy" the watch!
I have a feeling you visited Ben Bridge because they carry Rolex, Tag and Omegas. Visit Toureau, specially the one in Vegas, you'll find some "real" nice watches there, not just Tags
oh one exception to the rule regarding watches as investment, the Panerai pheonenom is quite interesting. I can sell my Pam for a small profit now because Panerai increases its price quite often and the supply is low. Used Panerai in nice conditions usually sells for 85% or more of retail.
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Originally Posted by Frank Patrick
When shopping recently for a watch I visited a store that sold Rolex, and several other high price brands (Tag etc). I commented to the sales person how the other, non-rolex watches appeared to be a better deal. He replied, less money, yes, but think of the deal this way-when you buy a Rolex, it's like buying real estate- value goes up, can not be said of any other watch in the store.
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