Expensive watches

  1. keithski122 Member

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    727
    uk
    This is similar to the post about classic cars as an investment.
    I've just sold my hobby car as I was never using it and it was just sitting in the garage getting in the way.I've now got £5k just hanging around, I don't need it for anything urgently and was thinking of buying a nice watch rather than dipping into it now and again and wasting it on general stuff.
    I would like the watch to hold its value, if it looses a little in value it wouldn't worry me but increasing in value would be nice.Obviously used rolexs are a good buy what other options do I have? It probably won't get worn as it would be unsuitable for work(might also buy a nice, cheap watch) and I never go anywhere that I would wear a decent one.
     
  2. fizzy Member

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    2,702
    uk
    Omega or Patek Phillipe .
     
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  3. roofman

    roofman "Hey!! calm down calm down"

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    upload_2018-10-11_21-4-46.jpeg
     
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  4. CompoSimmonite Member

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    3,769
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    Sovereigns would be a better investment
     
  5. keithski122 Member

    Messages:
    727
    uk
    Not necessary an investment, just something nice that will hold its value.Something that could be used should I wish so no ladies watches or watches that I dislike stylewise.
    I do like that rolex just my style apart from the green which is a bit "flash" for my tastes.
    Haven't looked at omega and never heard of Patek Phillipe but will look into both.
     
  6. gordon stephenson

    gordon stephenson Forum Supporter

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    Location:
    Skelton in Cleveland U.K.
    I have a few watches up to around £2000, But the one I promise that I'm going to treat myself to one day is the Omega triple calendar, Lots of very good fakes about in the expensive watch market, so be careful.
     
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  7. daleyd

    daleyd Member

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    5,180
    Location:
    Wrexham, North Wales
    I think you’d struggle to get a Patek Phillipe watch for anywhere near 5k!!
     
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  8. Tom Orrow L

    Tom Orrow L Welding Supplies Direct

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    Location:
    Shropshire, UK
    Multiply that figure by ten and then multiply that figure by 3 and you’ll be in the ball park!
     
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  9. fizzy Member

    Messages:
    2,702
    uk
    Lol prob not these days.
     
  10. fizzy Member

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    2,702
    uk
  11. addjunkie

    addjunkie Forum Supporter

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    Location:
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    Funny this should pop up, Ive just been looking for myself after seeing the new Tudors in a shop today.

    For used watches that hold value you wont go far wrong with rolex, or omega. Do some research though, some models a better bet than others. Try to get box and paperwork too, it adds value

    Blowers of hull are a respected used watch dealer.
    https://www.blowers-jewellers.co.uk/rolex-watches/
     
  12. TechnicAl

    TechnicAl Member

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    5,081
    Location:
    Rotherham
    Hempel, who I used to work for, have an almost monopoly on the supply of steel for watches...believe it or not the stainless used for them is not a standard grade
    The story of it is here...https://hempel-metals.com/en/Staybrite-the-brand.htm

    Incidentally they accidentally inherited the brand name staybrite from Firth Vickers.....who set me on as a trainee Metallurgist, many years ago.
     
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  13. pedrobedro

    pedrobedro Man at Matalan

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    I don't get the fascination of expensive watches. A friend of mine buys and sells them and makes a few quid but if you want to make a killing you would have to hang onto them for a long time, even longer if you buy from dealers.
     
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  14. Wozzaaah

    Wozzaaah The wizard of woz Staff Member

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    13,555
    Wiltshire, UK
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  15. gt6s Member

    Messages:
    627
    Location:
    Newtownards Co Down Northern Ireland
    Don't buy just one get a few lower value big brand name ones, I like old Omegas.

    Laurence
     
  16. fizzy Member

    Messages:
    2,702
    uk
    Well there are all sorts of things that go into such watches. My brother is the watch expert but I remember him telling me that on some complex mechanical watches it could take say 100 years to complete a full cycle. A cog that moves that slowly must take some doing!

    https://en.wikipedia.org/wiki/Tourbillon

    Lovely objects but worth £2 millon? Well I suppose the people working at Patek Phillipe are very pleased there are people who will spend that kind of money!
     
  17. roofman

    roofman "Hey!! calm down calm down"

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  18. voipio Member

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    Cambridge, UK
  19. Bladevane

    Bladevane Member

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    Location:
    Harwell, Oxon
    I would go for premium bonds. Your capital is safe and easy to access and you stand a chance of winning anything from £25 to £1M every month. Or nothing of course.
     
  20. slim_boy_fat

    slim_boy_fat Forum Supporter

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