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1st yr biglaw, buy a used rolex?

Found a used perpetual oyster w black dial- 3k. Authentic an...
provocative stead community account
  08/31/10
Sure
amber athletic conference garrison
  08/31/10
Good investment?
provocative stead community account
  08/31/10
No
amber athletic conference garrison
  08/31/10
no. never buy a watch because of its putative investment pot...
180 space
  09/01/10
Nah, just look for a good deal from a street vendor.
Coral rigor
  09/01/10
is that an old datejust or some other model? i would be up t...
disrespectful motley abode associate
  08/31/10
You pathetic striver, what about Patek/Vacheron/Audemars? ...
snowy costumed state
  08/31/10
Also if you are not experienced, only buy from a reputable b...
snowy costumed state
  08/31/10
This is the credited fast track to partnership.
rough-skinned piazza
  09/01/10
Find Chinee person online, have them send you pics of Fauxle...
Maize Floppy Market
  09/01/10
...
Tan step-uncle's house nowag
  09/01/10


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Date: August 31st, 2010 11:08 PM
Author: provocative stead community account

Found a used perpetual oyster w black dial- 3k. Authentic and great condition. Get it?

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15935451)



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Date: August 31st, 2010 11:10 PM
Author: amber athletic conference garrison

Sure

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15935482)



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Date: August 31st, 2010 11:26 PM
Author: provocative stead community account

Good investment?

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15935730)



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Date: August 31st, 2010 11:27 PM
Author: amber athletic conference garrison

No

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15935738)



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Date: September 1st, 2010 12:05 AM
Author: 180 space

no. never buy a watch because of its putative investment potential.

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15936282)



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Date: September 1st, 2010 12:04 AM
Author: Coral rigor

Nah, just look for a good deal from a street vendor.

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15936266)



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Date: August 31st, 2010 11:30 PM
Author: disrespectful motley abode associate

is that an old datejust or some other model? i would be up to buy a used datejust from before the early 2000s, since rolex fucked up the new model. don't know what's a good price though. also i would prefer a non-black dial.

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15935779)



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Date: August 31st, 2010 11:38 PM
Author: snowy costumed state

You pathetic striver, what about Patek/Vacheron/Audemars?

Jk, I would get a used Sea-Dweller or Deep Sea.

Although I can dream about the new AP Royal Oak Offshore Diver ($15k and very hard to find at a dealer, apparently).

In terms of investment, watches are generally a terrible investment, although with a used watch you'll lose less on a resale (especially with Rolex). The Rolex secondary market is also more active/liquid so your Rolex would sell faster if you ever decide to sell or trade in.

I don't see a lot of investment opportunities out there in conventional investments, so the opportunity cost of owning a nice watch is not that bad.

Last point, don't forget to factor in maintenance costs. A Rolex Service Center full service would be quite expensive relative to the purchase price of the watch you're considering.

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15935888)



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Date: August 31st, 2010 11:44 PM
Author: snowy costumed state

Also if you are not experienced, only buy from a reputable brick-and-mortar store, not online. Ideally bring an experienced friend along to examine the watch for authenticity, condition, etc.

The fakes out there are scary good although Rolex in particular works very hard to stay a few steps ahead of the counterfeiters.

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15936008)



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Date: September 1st, 2010 12:09 AM
Author: rough-skinned piazza

This is the credited fast track to partnership.

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15936319)



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Date: September 1st, 2010 2:54 PM
Author: Maize Floppy Market

Find Chinee person online, have them send you pics of Fauxlex, crack the caseback and have them send you pics of the movement...profit. The biggest problem will probably be the lume, and who the fuck is going to be looking at your watch in the dark?

(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15939695)



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Date: September 1st, 2010 2:57 PM
Author: Tan step-uncle's house nowag



(http://www.autoadmit.com/thread.php?thread_id=1411213&forum_id=2#15939726)