Just make sure to really try it in the flesh first. The idea of liking/wanting a gold piece might be much greater than the actual satisfaction when it's on your wrist. I managed to realize in time that yellow gold doesn't work well on my wrist...
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| Author: | t.allen [ Fri Sep 02, 2011 1:43 pm ] |
| Post subject: | To buy Gold watch.. or not to be? |
I really love the Transocean Chrono. So clean and smooth. I really want it in Gold w/ a black Dial on a Brown Croc. Since Gold is so high, is it even worth it to purchase one at current rate? I know there would be a super high premium, that in years could go back down. Would I eventually lose more money? |
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| Author: | sharkman [ Fri Sep 02, 2011 1:49 pm ] |
| Post subject: | Re: To buy Gold watch.. or not to be? |
You are more than doubling the retail price of the watch from about $8K to maybe $20K. Not sure because of all the price increases. But it's close to that. You would likely get a better % discount, but still........... And gold watches do not hold value despite being made of gold. |
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| Author: | Connors [ Fri Sep 02, 2011 2:01 pm ] |
| Post subject: | Re: To buy Gold watch.. or not to be? |
Hey Mate, It depends on how much you love the watch and if you are going to sell the watch. It doesn't matter what price gold is, you haven't lost money until you have sold it, and I guess the price will be up and down over the years so you could pick the time to sell. Cheers |
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| Author: | Roffensian [ Fri Sep 02, 2011 4:50 pm ] |
| Post subject: | Re: To buy Gold watch.. or not to be? |
The premium on gold watches has little to do with the value of gold. The premium is partially because it's harder to work gold than steel or titanium, but largely just an exercise in balancing supply and demand - they charge a fortune because they can. |
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| Author: | boogiebot [ Fri Sep 02, 2011 5:30 pm ] |
| Post subject: | Re: To buy Gold watch.. or not to be? |
honestly if youre planning on dropping that much your much better off to go all gold sub c. it will hold the value WAY better. |
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| Author: | sharkman [ Fri Sep 02, 2011 5:42 pm ] |
| Post subject: | Re: To buy Gold watch.. or not to be? |
boogiebot wrote: honestly if youre planning on dropping that much your much better off to go all gold sub c. it will hold the value WAY better. Krugerrands and a SS Sub C. |
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| Author: | FEAR [ Fri Sep 02, 2011 7:00 pm ] |
| Post subject: | Re: To buy Gold watch.. or not to be? |
you won't get more of a discount on the gold transocean, its too limited and hard to get now. stainless is deeper discounted more for sure |
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| Author: | boogiebot [ Fri Sep 02, 2011 7:04 pm ] |
| Post subject: | Re: To buy Gold watch.. or not to be? |
sharkman wrote: boogiebot wrote: honestly if youre planning on dropping that much your much better off to go all gold sub c. it will hold the value WAY better. Krugerrands and a SS Sub C. no doubt. this would be the better investment. |
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| Author: | jlee5050 [ Fri Sep 02, 2011 7:20 pm ] |
| Post subject: | Re: To buy Gold watch.. or not to be? |
Well it's either new or to find pre-owned... but probably that might be a bit difficult... |
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| Author: | PeterT [ Sat Sep 10, 2011 10:38 pm ] |
| Post subject: | Re: To buy Gold watch.. or not to be? |
I like white gold far less pretentious |
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| Author: | aleister [ Sun Sep 11, 2011 12:38 am ] |
| Post subject: | Re: To buy Gold watch.. or not to be? |
Just make sure to really try it in the flesh first. The idea of liking/wanting a gold piece might be much greater than the actual satisfaction when it's on your wrist. I managed to realize in time that yellow gold doesn't work well on my wrist...
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