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errr... i believe "real" luxury watches have no battery, sir.
and i can see it now... binili ng napakamahal.. multi-carrot and solid gold or platinum.. keep in vault for 10 years.. tapos, linabas and... verdigris!!!
this patek philippe 5004t was sold, according to Forbes, at 3,985,000 USD--
Sa lahat ng watches rolex lang ata ang consistent na tumataas or na reretain ang value, barring ung mga sobrang rare pieces and milyon ang halaga.
most expensive watches are made of titanium and studded with diamonds.
Deym! It looks like any ordinary watch to me bro! Unlike cars na malaman mo talaga na mahal sa hitsura pa lang. Pag may ganyan akong relo, hindi ko tatangalin ang price tag at hahawakan ko un box! Parang un sa passbook lang na isusuot sa leeg tapos sasakay sa PUJ kasi walang SUV! :D
Naah! Yung rolex na inaasam-asam ko 575k sa trinoma. Sa 2nd hand rolex shop sa greenhillls 300k na lang. So kung ibebenta mo yung 575k rolex dun sa shop sa greenhills e baka bilihin lang sa iyo ng 200k. One reason i wanted to buy a rolex WAS for investment cause they say its value goes up. But after seeing the rolexs in greenhills hindi na lang.
The value goes up after 100 years.
You can't just keep expensive watches in an ordinary vault. It has to be in a watch vault that rotates the watches so the mechanical system will keep functioning. Some models also need to be oiled for maintenance every few years or so.
Last edited by Walter; September 27th, 2015 at 09:56 AM.
the only real investment i can think of... is real estate. unless they go and decide to build a dam...
everything else... is hit or miss... depending on how long you are willing to wait.
Most rolex's go down in value. Only the special editions and rare ones appreciate. A submariner, explorer, yachtmaster, etc will all go down in value as they are very common and there is a lot of production for these models. There is no way that a used 'common model' rolex will sell for more than a brand new one.
Only rare, limited edition, one of a kind rolexes go up in value. Dont make the mistake of telling yourself a watch is an investment.
Last edited by EQAddict; September 27th, 2015 at 10:43 AM.
I would buy another good, safe, running second hand sedan car ranging at this price.
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