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Rolex Submariner Date

chez1hunts

Active Member
I've been after a Rolex Submariner Date Hulk for the last 2 years. Very hard to come by at retail price.

Now I've finally got the chance to buy one as a friend in the watch business has managed to finally source me one. I was looking to buy one as an investment as well as being able to wear it for best.

Has anyone got any advice, should I buy it and just leave it boxed for sell on value? It seems such a shame to buy such a beautiful watch and not be able to enjoy it. I'm really in 2 minds what to do now I can actually get hold of one.

As soon as he hands it over to me it will be worth more then I paid, just thinking what's the point having a watch like this if you can't enjoy it.

Anyone brought a Rolex as just an investment before?
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D4nM1les

Active Member
You need to do one or the other, you can't do both.

Either love it and wear it and enjoy it for yourself, or lock it away and forget about it and hope the price goes up. I think the big investment money is in unworn, with the plastic on still, if you've worn it, its a worn piece and doesn't matter if it was once or 100 times.
 

Sandman

Distinguished Member
If you want a Rolex then buy a Rolex but to buy one purely for an investment is plain nuts. I know the prices of the SS sports models have gone crazy in the last 5 years or so but this is a bubble just waiting to burst.
Also you have no idea if or when Rolex will ramp up production on these models and if/when they do the 2nd hand value will plummet.
Also although they are hard to come by at RRP if you are patient and shop around it can be done in a matter of months (like you did).
 

chez1hunts

Active Member
If you want a Rolex then buy a Rolex but to buy one purely for an investment is plain nuts. I know the prices of the SS sports models have gone crazy in the last 5 years or so but this is a bubble just waiting to burst.
Also you have no idea if or when Rolex will ramp up production on these models and if/when they do the 2nd hand value will plummet.
Also although they are hard to come by at RRP if you are patient and shop around it can be done in a matter of months (like you did).
I've actually got it at £5600 which is under RRP. These are currently going for 8k plus.

I've wanted one for so long I actually think it would be a complete waist leaving it boxed, if times are hard I'd imagine I could still get what I paid for it as worn.

Thanks for replies.
 

Astaroth

Well-known Member
I was looking to buy one as an investment as well as being able to wear it for best.

Has anyone got any advice, should I buy it and just leave it boxed for sell on value? It seems such a shame to buy such a beautiful watch and not be able to enjoy it. I'm really in 2 minds what to do now I can actually get hold of one.
The Submariner is a sports watch and so were I to buy one I wouldn't be keeping it for best (aka dress watch). Ok, probably wouldnt actually play sport in it but its definitely for casual wear.

I don't currently own any high end watches, despite nearly having bought several JLC and Omega watches, but were I to finally pull the trigger then it certainly would be for wearing rather than leaving in a box.

Moving into investment is the same as anything else, you need a lot of knowledge to ensure you actually make money and even the knowledgable can make mistakes.
 

robel

Well-known Member
Mate of mine just spent 9k on a Rolex, not the same as yours though. Personally would only spend that money as an investment and not to wear plus my cocks big enough:rotfl:
 

Sonic67

Distinguished Member
I think it's so someone can ask, "got the time on yer cock?"

And you can honestly say, "yes."
 

Astaroth

Well-known Member
Personally would only spend that money as an investment and not to wear plus my cocks big enough:rotfl:
And thats my issue with Rolex. I know they make good sports watches but too many idiots like/know them and you can get mistaken for someone who somehow thinks watches are linked to nob size (or that its where they are supposed to be worn).

Would personally prefer to stick with JLC or Lange & Söhne and the majority of people probably have no idea of the retail price - just need to sell my kidneys to be able to afford the £25k moonphase Saxonia
 

chez1hunts

Active Member
Mate of mine just spent 9k on a Rolex, not the same as yours though. Personally would only spend that money as an investment and not to wear plus my cocks big enough:rotfl:
What Rolex did your friend buy? New or 2nd hand?

I'm sure he as a friend thinks your the biggest cock he knows. Lol

Well I've paid my 35% deposit now 6 weeks wait.
 

robel

Well-known Member
What Rolex did your friend buy? New or 2nd hand?

I'm sure he as a friend thinks your the biggest cock he knows. Lol

Well I've paid my 35% deposit now 6 weeks wait.
He bought a new Sea-Dweller OPD.

My point is, is that I could go out now and buy one, I just cant get my head round spending his level of cash on something that I look at a couple of times a day for the time, unless im seeking attention.

So, for me, I could only justify buying it as an investment.
 

Astaroth

Well-known Member
My point is, is that I could go out now and buy one, I just cant get my head round spending his level of cash on something that I look at a couple of times a day for the time, unless im seeking attention.
Then your simply not a watch fan, which is fine, but for those that are there is a big piece around the craftmanship, particularly when you get to the likes of Patek watches were many of the parts (can be 200+ in a single watch) are still hand made and assembled. Add to that then the complications like a perpetual calendar and you have a handmade mechanical item that can correctly deal with leap years etc and show the correct date without intervention for 100 years+

But then I am similar, I cant see why someone would buy an Apple Watch or spend £20,000 on a handbag, but seeing those items doesnt make me wonder about their cock size
 

smokedog

Member
My point is, is that I could go out now and buy one, I just cant get my head round spending his level of cash on something that I look at a couple of times a day for the time, unless im seeking attention.

So, for me, I could only justify buying it as an investment.
Sometimes we buy things with our hearts and not with our heads. Be it that nice pair of shoes or the Ferrari 488 with the carbon fibre roof that you only drive once a month... but what a drive that is.
 

Werewolfs

Well-known Member
Sounds like you are just having pre-buy remorse. Just get it, wear it and show it off. Lifes too short.

Just be wary of any mopeds going passed you:)
 

reiteration

Member
He bought a new Sea-Dweller OPD.

My point is, is that I could go out now and buy one, I just cant get my head round spending his level of cash on something that I look at a couple of times a day for the time, unless im seeking attention.

So, for me, I could only justify buying it as an investment.
I look at my watch all the time - and I normally have to look again if I want to know the time... and I'm not an attention seeker... :)
 

Apsilon

Senior Moderator
As an investment opportunity, watches are an exceptionally poor choice for positive returns. Sure, that green sub has gone up due to limited stock and will continue to creep up in price but, it will plateau eventually. Even the more collectable Daytona's have plateaued. Just as an example, say you buy it and lock it away for 10 years and then sell it, the chances are it might only double in value. So that is £5,500 profit for a ten-year wait or £550 per annum. It's not bad but, it's not life-changing - if that's what you're after?

The real money in watches is in the marques that are already worth eye-watering amounts. Vintage complications from the holy trinity or small in-house Swiss independents that are less well known.

That being said, Rolex's are collectable and especially the limited editions and if you have the disposable income to buy and store it - then go for it. Just don't expect to retire on it twenty years from now.

Before you stump up though, look around because as said, they are available and if you're prepared to go for a mint pre-owned, you can bag one even cheaper than list - especially from the States. Just be aware of customs charges or that'll negate any discount you might make.
 

MSW

Distinguished Member
I love Rolex watches but there are 3 things to consider

1 - The significant increase in household insurance premiums
2 - Unwanted attention
3 - Getting them serviced every 5 years

To the op check out your insurance policy, from memory for me, anything over 7.5k needs to be itemised.
 
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Astaroth

Well-known Member
To the op check out your insurance policy, from memory for me, anything over 7.5k needs to be itemised and, the moment I mentioned a watch with a 22K new for old replacement cost with AD / Theft away from the home cover my premiums rocketed.
And it’s complex... some people will argue that you should get specialist watch insurance instead but when doing your quotes for home you’re asked what the value of your contents is, not what the value of things you want insured is and so it still needs to be declared. The obvious reason being that they still must cover the damage to your home if someone breaks in for the watch and someone could spot your watch & follow you home rather than mug you. The number that will adjust the premium to recognise the other insurance is small.

With some you’ll save as you don’t need to add the outside the home element but increasingly the higher tier home insurance give world wide coverage as standard. Several of these have single article limits of £10-15k and so would need a declaration from the OP as long as the total sum of valuables is high enough
 

GOM

Active Member
I would not buy any watch as an investment...buy because you like it, or if your crazy like me...'cuz you just can't help yourself.

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Bob
 

Nilanth

Active Member
I would not buy any watch as an investment...buy because you like it, or if your crazy like me...'cuz you just can't help yourself.

View attachment 996507

Bob
Love that IWC. Stunning piece and always wanted one.

OP get the watch, wear it, enjoy it. it is a lovely piece.
 

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