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sam1994

Are Rolex’s wearable?

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A client from Norway has given me a Rolex watch. It’s come with a certificate and I don’t think he’d be dishing out knock-offs.

DPD in typical fashion have left it on my neighbours doorstep (no signature), as I am on holiday. Nosy neighbour has opened it.. 

It is a yellow gold submariner date with blue cerachorm finish. Rolex site seems to suggest this is almost £30k.

I don’t wear jewellery, but don’t really want to flip it. Do these things hold their value and what’s the best way to insure this? Is it possible to insure this for outdoor use? I don’t imagine myself walking around with it much however as people will either think I’m a dealer or have bought a knock off. 

From the website it looks beautiful. I don’t understand the difference between the submariner and the submariner date..

sam 

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Wow, wish I had clients like that!

Well Ive got a stainless Submariner, which I wear all the time, not sure I would with a Gold one though, due to the much higher value. I paid about £3k for mine second hand nearly a decade ago and they're going for about 5 odd now so I think you can saythey keep their value. Obviously if you buy a new one you take a bit of a hit though.

I used to feel really self conscious wearing mine when I first got it, but that didnt last too long, anyway a stainless Submariner looks like a lot of other watches from a distance, so theyre nothing that special. Some people wear them all the time, even for doing physical work, others just for special occasions, some live in safes and never see the light of day. I wear mine as I say nearly all the time, but take it of if Im working on the car, or doing any sort of DIY where it might get scratched.

The  Submariner date has a date display and a magnifying lens over the date window, wheras the plain one doesn't.

Dont know much about the insurance thing, but I think up to a certain value (probably not £30k) watches should be covered under normal household insurance.

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The yellow gold will scratch easily and you'll feel a twat/target every time you wear it.

Get it valued by a reputable jeweller, you'll need that both to confirm it's genuine and for the insurance. Photgraphs as well, I know someone who lost a £7k Cartier bracelet. The insurance wouldn't pay out as there was no recent evience to show she still had it at the time of the claim.

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7 minutes ago, Wight Flight said:

Rolex=wanker.

Just my personal experience. Feel free to prove me wrong.

Fair enough, youre entitled to your opinion.

Im not a wanker but have nothing to prove so I wont be taking you up on your offer.

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39 minutes ago, sam1994 ✌ said:

A client from Norway has given me a Rolex watch. It’s come with a certificate and I don’t think he’d be dishing out knock-offs.

DPD in typical fashion have left it on my neighbours doorstep (no signature), as I am on holiday. Nosy neighbour has opened it.. 

It is a yellow gold submariner date with blue cerachorm finish. Rolex site seems to suggest this is almost £30k.

I don’t wear jewellery, but don’t really want to flip it. Do these things hold their value and what’s the best way to insure this? Is it possible to insure this for outdoor use? I don’t imagine myself walking around with it much however as people will either think I’m a dealer or have bought a knock off. 

From the website it looks beautiful. I don’t understand the difference between the submariner and the submariner date..

sam 

Sounds all wrong to me, unless your Norwegian client is a billionaire(and thus losing 30k is like losing 5 quid to him), who would send a 30k watch in such a casual insecure way?

Personally I’d never wear it, even if I was the billionaire. It’s no different from a Chanel handbag(or whatever is the thing) for women, it’s a statement of wealth, as technology it’s no better than a 300 quid watch or even less. But many people see these things differently, attaching no value to this kind of thing is probably just my way of feeling unjustifiably superior, most humans seem to have this unpleasant characteristic, I doubt if I’m different. 

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Any jobs going at your place Sam? :D

As far as Rolex owners being wankers... I think we have a few Rolex guys on the forum (longtom springs to mind) and they don't come across as such.

I have an omega seamaster. Only sees the light of day on special occasions now. Used to wear it 24/7 when I was younger and it's all a bit scratched and dinged up sadly. Not much of a watch or jewellery guy really

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4 minutes ago, Mirror Mirror said:

Fair enough, youre entitled to your opinion.

Im not a wanker but have nothing to prove so I wont be taking you up on your offer.

I should elucidate. 

I was, at 18, a member of the local Round Table. Three or four of the members wore Rolexes. And made sure everyone knew it. 

And they were wankers. Not a great scientific survey I grant you. But good enough for me.

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17 minutes ago, Wight Flight said:

Rolex=wanker.

Just my personal experience. Feel free to prove me wrong.

I wore a Lolex for a few years (cheap Rolex knock-off bought from a stall in Mong Kok - HK) and some of the reactions I got until I explained that it cost 20 quid were pretty funny. It was a good watch too for the money!

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3 minutes ago, TheBlueCat said:

I wore a Lolex for a few years (cheap Rolex knock-off bought from a stall in Mong Kok - HK) and some of the reactions I got until I explained that it cost 20 quid were pretty funny. It was a good watch too for the money!

Probably kept better time than an original one as well.

😁😁😁

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18 minutes ago, Mirror Mirror said:

Wow, wish I had clients like that!

Well Ive got a stainless Submariner, which I wear all the time, not sure I would with a Gold one though, due to the much higher value. I paid about £3k for mine second hand nearly a decade ago and they're going for about 5 odd now so I think you can saythey keep their value. Obviously if you buy a new one you take a bit of a hit though.

I used to feel really self conscious wearing mine when I first got it, but that didnt last too long, anyway a stainless Submariner looks like a lot of other watches from a distance, so theyre nothing that special. Some people wear them all the time, even for doing physical work, others just for special occasions, some live in safes and never see the light of day. I wear mine as I say nearly all the time, but take it of if Im working on the car, or doing any sort of DIY where it might get scratched.

The  Submariner date has a date display and a magnifying lens over the date window, wheras the plain one doesn't.

Dont know much about the insurance thing, but I think up to a certain value (probably not £30k) watches should be covered under normal household insurance.

Thanks for the reply. I figured there'd be an obvious explanation between Submariner and the date. Didn't realise the difference was so literal.

I am worried about damaging it in day to day use, but from what I can see, it is not too bad to have serviced. 

Are the things heavy? I've very narrow wrists and small hands (trump hands). 

17 minutes ago, Wight Flight said:

Rolex=wanker.

Just my personal experience. Feel free to prove me wrong.

I suppose it depends for what reason people buy them. From what I've seen, it looks very elegant. I wouldn't buy one to keep mentioning it every 5 minutes though, and can imagine that some people do..

5 minutes ago, swiss_democracy_for_all said:

Sounds all wrong to me, unless your Norwegian client is a billionaire(and thus losing 30k is like losing 5 quid to him), who would send a 30k watch in such a casual insecure way?

He is worth a few quid. His name ends in sen, which has really narrowed it down for Nords ;)

He sent it insured via DPD for £40k, from the waybill on the package. Thankfully sent customs fees paid or I'd have been cursing. 

(No - not going to do an insurance scam).

I guess I'll take a look at it in person and make a decision. Maybe a safety deposit box (heard metro bank are doing them now although most high st banks have stopped) is the way forward.

S

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ive got a 100 quid seiko, its 12 years old and looks like a car ran over it, actually a car has run over it (nearly) when the strap broke a few years back.

Keeps good time though, automatic so have to keep wearing it all the time otherwise it conks out.

I doubt id keep a £30K watch, like swissy says, my 100 quidder does the same job, actually it probably does a better job because im not scared of using it.

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Just now, Wight Flight said:

Probably kept better time than an original one as well.

😁😁😁

It was a quartz movement, so yes! If the cheap gold plate hadn’t worn off, it would have passed for an original too except under close inspection.

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Posted (edited)
10 minutes ago, sam1994 ✌ said:

 

I am worried about damaging it in day to day use, but from what I can see, it is not too bad to have serviced. 

Are the things heavy? I've very narrow wrists and small hands (trump hands). 

I suppose it depends for what reason people buy them. From what I've seen, it looks very elegant. I wouldn't buy one to keep mentioning it every 5 minutes though, and can imagine that some people do..

 

Yes there are people who service them to Rolex standards with Rolex authorised techs for less than £200. Watch doctors in Tring for example.

Not sure how heavy but if its gold, then I would expect it to be quite heavy, Never handled a gold one but the stainless versions are not unduly heavy due to the lightweight strap.

Reason to own? Well I can see where Wight flight is coming from, there are such people around, but I bought and wear mine because it pleases me to do so. I still enjoy looking at it and its a good quality watch; no need to take it off in the shower or for swimming. Keeps quite good time (for an automatic watch - Im fully aware that a £2 casio from the filling station will keep better time, but thats nit the point) and its kept its value to boot.

 

Edited by Mirror Mirror
addition of Watch Doctors ref

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Posted (edited)

You were given a £30k watch, just given it? 

We live in different worlds if that's the case. 

I would have it sold quicker than you could say "pay off a load of debts, spend a grand or two, and have a much needed holiday".

I might buy a watch to replace it, but I don't currently wear a watch, and haven't done so in decades, so probably wouldn't.

Things are different when you're rich/not poverty stricken, so maybe it would be right for you to wear or keep it.

Mental!

Edited by Carl Fimble
Sp

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Posted (edited)
6 minutes ago, Carl Fimble said:

You were given a £30k watch, just given it? 

We live in different worlds if that was the case. 

I would have it did quicker than you could say "pay off a load of debts, spend a grand or two and have a much needed holiday".

I might buy a watch to replace it, but I don't currently wear a watch, and haven't done so in decades, so probably wouldn't.

Things are different when you're rich/not poverty stricken, so maybe it would be right for you to wear or keep it.

Mental!

I also agree that it’s far too much to spend on something like a watch. I wouldn’t spend this money myself.

But I don’t need the money so don’t see a point in selling it. 

I wouldn’t say I was ‘given’ it. We have done a lot of business over the years. I was surprised at the gesture though. 

I’m still a cheap bastard trying to live on <=£20 a day. 

Edited by sam1994 ✌

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I couldn't wear something like that through fear of damaging it or being a target. I appreciate a decent bit of kit, but after a point there's not much to be gained - I guess in this case it's the materials it's made from which is a bit different

Maybe get advice from a dedicated watch forum? A lot of high end ones tend to hold (or even gain their value) so might be worth stashing away if you don't need the cash. 

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My son likes fake watches from Chinese websites, although they are pricey 300 quid type fakes. Look fantastic to me although having never seen real ones (or even heard of most of the real brand names) I am easily impressed. I hear you can pay 1000 for fake Rolexes that only a specialist dealer can identify as not real.

I have to say that at work I get anti-bribery hammered into me all the time by our compliance people and a 30K watch from a client would make them explode.  

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Posted (edited)

Apparently you can sell them new back to Rolex in Switzerland for something like a 5% restocking charge so tell your nosy neighbour to leave it the fuck alone. This is from a bloke in a hotel who got several from rich Arabs, etc.

If there is a waiting list though...

Edited by Panther

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1 minute ago, Happy Renting said:

I actually bought a fake Casio F-91W because it was cheaper than a real one.

I bow down to your superior Dosboddery....🤪

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