Right now only the sports series will appreciate . Others like DJ can expect drop in value when reselling.
A good local web site with knowledge and resale of rolex is http://sg-roc.com/ . If the moderator feels it is inappropriate to list other website here pls kindly edit .
Sports series like ,Daytona list price is 12k but people are paying 19k to avoid the waiting list . Currently can get ard 17k .
If you are able to find vintages in good condition can consider them after verifying with RSC , as these are appreciating faster than current discont soon sports models . Some vintages can command the prices of a car . But vintage will only appreciate and not depreciate like car ,provided you have a vintage which is everything original/correct parts and full set .
Right now US is having bank runs and ppl with money in banks are only guaranteed up to 10k usd per account by the government . People there are trying to hold on to cold hard cash in case their money get eaten when the banks bankrupt .
With the diminishing in value of the usd they try to find other forms of investment ( speculating in oil/gold/rice/coffee beans futures) ironically this creates a sharp increase in world oil/flour prices . And in the end they suffer becos of their own greed and drag the whole world with them .
A word of caution , the feds have a list of banks which could fold next .
PS the above are the writer's own views and do not necessary represent the views of the forum or the owners .
A good local web site with knowledge and resale of rolex is http://sg-roc.com/ . If the moderator feels it is inappropriate to list other website here pls kindly edit .
Sports series like ,Daytona list price is 12k but people are paying 19k to avoid the waiting list . Currently can get ard 17k .
If you are able to find vintages in good condition can consider them after verifying with RSC , as these are appreciating faster than current discont soon sports models . Some vintages can command the prices of a car . But vintage will only appreciate and not depreciate like car ,provided you have a vintage which is everything original/correct parts and full set .
Right now US is having bank runs and ppl with money in banks are only guaranteed up to 10k usd per account by the government . People there are trying to hold on to cold hard cash in case their money get eaten when the banks bankrupt .
With the diminishing in value of the usd they try to find other forms of investment ( speculating in oil/gold/rice/coffee beans futures) ironically this creates a sharp increase in world oil/flour prices . And in the end they suffer becos of their own greed and drag the whole world with them .
A word of caution , the feds have a list of banks which could fold next .
PS the above are the writer's own views and do not necessary represent the views of the forum or the owners .