Watch collecting questions
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  1. #1
    Member smyldoc's Avatar
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    Watch collecting questions

    I am looking to start collecting a few more watches. But I want all of your advice.

    What are the best ways to buy and sell to avoid big depreciation

    What am I missing in my collection as far as basic styles.

    I have been looking recently at
    Glycine airman sst
    Panerai daylight chrono
    Damasko DA47 black

    Any comments are appreciated.

    Here are my nice watches.
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  2. #2
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    Re: Watch collecting questions

    To avoid deprecation, buy Patek. Try not to wear the watch as well.
    rfortson and lmcgbaj like this.
    Current Collection - | Ball | Bvlgari | Casio | Citizen | Credor | Girard-Perregaux | Graham | Gübelin | Hamilton | Jaeger-LeCoultre | Longines | Minase | Mühle Glashütte | NOMOS Glashütte | Omega | Rolex | Seiko | Swatch | Undone | Vacheron Constantin | Victorinox Swiss Army |
    Mulling Over - | Minase Horizon | Reservoir |
    On deck - | Omega Speedmaster Apollo 8 Dark Side of the Moon |
    Waiting to be on deck - | Omega Speedmaster Apollo 11 50th Anniversary |

  3. #3
    Member smyldoc's Avatar
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    Re: Watch collecting questions

    I'd love to but about 5-6 k is my self imposed limit.
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  5. #4
    Member rfortson's Avatar
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    Re: Watch collecting questions

    First, build a time machine. Then travel back in time, buy a Rolex Sub, an Omega Speedmaster, oh, and a Patek or two. Keep them in their original boxes and papers, and when you get back to the present, you might avoid depreciation.

    Or, just forget depreciation and figure that's the price you pay for the time you enjoy the watch.

    edit - Not meaning to be flippant, just funny. But seriously, you won't really avoid depreciation. Just enjoy your watches and when the time comes to sell, accept the fact that you'll be lucky to get 80% of what you think it's worth.

    As for what to buy, what are you looking for? Want to follow a style? A brand? Color theme? Country theme? Random? There's just no one answer.
    Last edited by rfortson; July 3rd, 2014 at 22:13.

  6. #5
    Member smyldoc's Avatar
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    Re: Watch collecting questions

    I can't see buying new from AD is great idea. Should I buy Grey or stick to buying pre-owned. Not trying to avoid depreciation just trying to limit it a bit.
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  7. #6
    Member rfortson's Avatar
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    Re: Watch collecting questions

    Quote Originally Posted by smyldoc View Post
    I can't see buying new from AD is great idea. Should I buy Grey or stick to buying pre-owned. Not trying to avoid depreciation just trying to limit it a bit.
    I have always bought gray market, but I haven't spent over $2k on a single watch. If I was to go higher, I'd still probably go gray market, unless I could get an AD to give me a decent discount. At some point I think it would be fun to pay the premium and get the full boutique treatment, but don't know when that might occur for me. :)

    When I'm patient, I can find some really good deals, and I recently sold a Zenith for just a couple of hundred less than I paid for it over 2 years later. I've found a few other good deals like that, mainly on watches that weren't really on my radar. I bought my Rado Original Diver after seeing a good deal. Probably a week prior, Rado wasn't even a brand I was considering. Other times, when I really want a watch, I've been guilty of paying too much.

    So, if you have a list of specifics, just be very judicious and patient in your search. If you have broader criteria ("I'd like a blue dial watch someday"), it's easier to just coast along and then find a great deal when it pops up. I think that's one way to consistently (?) find good deals.

    Anyway, it's all the thrill of the hunt. Enjoy!

  8. #7
    Member *El Ocho 1*'s Avatar
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    Re: Watch collecting questions

    I don't worry too much about depreciation, since I buy watches for me & not like an investment.

    But I also buy most of my watches slightly used. In fact the only watches out of my collection that I have bought brand new are my Stowa & my Steinhart, both ordered directly from the maker.
    Rolex GMT Master II BLNR "Batman"
    Omega Speedmaster Pro 3573.50
    Omega Seamaster Cosmic c.1968
    Oris Williams F1 Day/Date
    Oris LE 1945 Flight Timer
    Stowa Marine Original
    Stowa 2801 HW Flieger
    Longines Conquest Heritage
    Longines Grande Vitesse GMT Chrono
    Longines Hydroconquest Blue
    Longines 1972 Vintage
    Seiko SKX009
    Seiko SARB017 Alpinist
    Steinhart Ocean Vintage Military
    Steinhart Ocean One Vintage Dual Time

    Friends don't let friends buy Invicta

  9. #8
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    Re: Watch collecting questions

    The best way to minimize depreciation is to buy used.

    That being said, buying grey market vs buying from an AD typically depends on what the price difference is, at least for me.

  10. #9
    Member smyldoc's Avatar
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    Re: Watch collecting questions

    Thank you all. Any suggestions on what gaps in my collection I may need filled. Thinking about adding a tool watch and something with color.
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  11. #10
    Member little big feather's Avatar
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    Re: Watch collecting questions

    You need a Rolex...
    Go Grey...
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    Any watches posted may be seen as gifts,borrowed or found property and not as personal property of Little Big Feather.

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