Thinking of buying myself a Rolex

[MrSquished]

It's not an investment. But all things considered a Rolex will hold its value better than most watches.

That's true, but watches are jewelry, they should look good. I just personally don't think they are great looking. They aren't ugly, but definitely not great either. Most watchmakers make some ugly watches, I just think the general aesthetic of Rolexes is lacking. Totally subjective of course.

 

[WaTaGuMp]

That's true, but watches are jewelry, they should look good. I just personally don't think they are great looking. They aren't ugly, but definitely not great either. Most watchmakers make some ugly watches, I just think the general aesthetic of Rolexes is lacking. Totally subjective of course.

Richard Mille makes some pretty hideous watches, yet they are bank.

 

[WaTaGuMp]

These sold out at $2.2 million.

 

[RearAdmiral]

Just get insurance attached to your homeowners if you are worried about it getting nabbed.

 

[momeNt]

Is there possibility of getting a single vinyl, maybe signed by somebody your dad liked, as a piece of memorabilia that is worth 10k?

Chances are that would appreciate in value as well and be something more along the lines of your father's passion.

 

[SearchMaster]

Sounds like a cool thing to do, Jules. Create a family heirloom/legacy with "found money", and something that you can look at every day to remember your father. And as you've indicated, the only risk is theft or loss because even if it depreciates, it will be pretty minimal.

I'm not a "watch guy" or jewelry in general, but this would be more than just jewelry.

 

[Darwin333]

The thought of getting jacked has occurred to me. I'd probably just wear it to work mostly and when going out with my wife.

Then again, I know guys who wear these watches daily with no problem. I guess it matters more where you go.

Shrug, I have worn a Rolex daily in the New Orleans area for the better part of a decade and I haven't gotten jacked. Most people barely notice it since I'm not purposefully trying to show it off.

 

[Crono]

Rolex? Don't do it

 

[[DHT]Osiris]

It's a watch.

A watch.

You could spend $10k on family vacations that would provide memories for a lifetime, a $10k expansion on a home, or who the hell knows what else.

My opinion doesn't mean anything of course, but jesus. A watch?

 

[JulesMaximus]

It's a watch.

A watch.

You could spend $10k on family vacations that would provide memories for a lifetime, a $10k expansion on a home, or who the hell knows what else.

My opinion doesn't mean anything of course, but jesus. A watch?

We are going to Maui for a week in June (already booked and paid for) and we already spent almost $20k on home improvements this year. It's not about the money and what else I could spend it on.

 

[[DHT]Osiris]

We are going to Maui for a week in June (already booked and paid for) and we already spent almost $20k on home improvements this year. It's not about the money and what else I could spend it on.

Could donate it to your local animal shelter or something :\

Again, this is just me being a random internet swingin' dick, so don't pay me any mind. I've just never understood the fascination with expensive men's watches. At least with women there was a legacy of expensive things given to them as a show of affection (even if that's lost a lot of societal momentum recently) but dudes and $10k watches? Never understood that.

 

[fastman]

We are going to Maui for a week in June (already booked and paid for) and we already spent almost $20k on home improvements this year. It's not about the money and what else I could spend it on.

I bought the wife's Rolex in Maui. 4% state tax, saved some coin coming from Cali.

 

[Red Squirrel]

I was going to suggest you put 10k into something that has more utility value like house renovations or a toy of sorts, but it seems money is not exactly something you lack if you have 100k in savings, so you probably would have done those things anyway.

I'd say go for it, if you feel that will bring good sentimental value. It's more than just a watch at that point. I would keep maybe some of the records though, I'm sure there must be some good ones in there, perhaps ones you remember him listening to a lot, or something.

 

[PricklyPete]

Go for it if that is your thing. I don't get the attraction to watches at all. It is basically jewelry and that just seems pointless to me with no value add.

I would probably donate in his name somewhere near and dear to your or his heart.

 

[JulesMaximus]

I was going to suggest you put 10k into something that has more utility value like house renovations or a toy of sorts, but it seems money is not exactly something you lack if you have 100k in savings, so you probably would have done those things anyway.

I'd say go for it, if you feel that will bring good sentimental value. It's more than just a watch at that point. I would keep maybe some of the records though, I'm sure there must be some good ones in there, perhaps ones you remember him listening to a lot, or something.

Never really was that close to my Dad and he has been gone for 7 years now. I'm close to my son though and I would like to pass the watch on to him when the time comes.

He didn't really listen to records much that I remember. Maybe that's why the records don't really have any meaning to me personally. He was a musician so he played songs that were popular (he had a band and they had gigs that I remember going to a few times when I was young) and he taught music. He could play any instrument and if he heard a new tune he could figure it out easily. I have a mid 70s Gibson SG that he used quite a bit. Really though, I can't play it and it mostly just sits in a case in a closet. Not sure why I hang onto it.

 

[JulesMaximus]

Go for it if that is your thing. I don't get the attraction to watches at all. It is basically jewelry and that just seems pointless to me with no value add.

I would probably donate in his name somewhere near and dear to your or his heart.

I'm kind of into horology. My Grandfather (my Father's Dad) had a number of mechanical clocks. I have one of his mantle clocks. It is a key wound Baldwin clock with 3 different chimes and is probably 50 years old. My Grandmother sent it to me at my request probably 15years ago and I cherish it. I bought a key wound wall clock a few years ago that I enjoy. I guess I like these things because they are mechanical and there is a certain simple beauty to them. No batteries, no digital display, no electricity required, you need to have some devotion to it. Same thing with self-winding automatic watches.

 

[IronWing]

I'm kind of into horology. My Grandfather (my Father's Dad) had a number of mechanical clocks. I have one of his mantle clocks. It is a key wound Baldwin clock with 3 different chimes and is probably 50 years old. My Grandmother sent it to me at my request probably 15years ago and I cherish it. I bought a key wound wall clock a few years ago that I enjoy. I guess I like these things because they are mechanical and there is a certain simple beauty to them. No batteries, no digital display, no electricity required, you need to have some devotion to it. Same thing with self-winding automatic watches.

I had two mantle clocks, one from my grandparents and one from my wife's grandparents. Keeping them running got to be too expensive so I got rid of one. After the latest rebuild and failure, just yesterday I put the remaining clock in storage. It's a Ridgeway tambour triple chimer. The clock shop sent the works back to Germany for repair but it failed again after a couple weeks. I really like them but it's no fun when they keep failing.

 

[MrSquished]

These sold out at $2.2 million.

people are retarded

 

[PricklyPete]

I'm kind of into horology. My Grandfather (my Father's Dad) had a number of mechanical clocks. I have one of his mantle clocks. It is a key wound Baldwin clock with 3 different chimes and is probably 50 years old. My Grandmother sent it to me at my request probably 15years ago and I cherish it. I bought a key wound wall clock a few years ago that I enjoy. I guess I like these things because they are mechanical and there is a certain simple beauty to them. No batteries, no digital display, no electricity required, you need to have some devotion to it. Same thing with self-winding automatic watches.

Cool...I can see the appeal of well crafted mechanical devices. Go for it.