chipshop
6
Newbie Objective & Strategy
Hi guys!,
I'm new to the world of Rolexes but given that I've been married over 20 yrs with 4 kids, I don't have much dosh that is mine alone. However, I've saved up some beer vouchers from my pocket money & recently acquired 2 "vintage" Rolexes in unperfect condition. The aim is to restore them, make a reasonable profit & reinvest. If I can make 15% per turn then my spreadsheet tells me I can own a $40,000 Daytona within 5 yrs...What do you reckon? Sacrilege? Ridiculous? Crazy? Disgusting? Good idea?
I'm going to need help.......
Cheers,
chipshop

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Newbie Objective & Strategy
By: chipshop : May 4th, 2010-04:42
Hi guys!, I'm new to the world of Rolexes but given that I've been married over 20 yrs with 4 kids, I don't have much dosh that is mine alone. However, I've saved up some beer vouchers from my pocket money & recently acquired 2 "vintage" Rolexes in unperf...
Well...
By: DrStrong : May 4th, 2010-09:46
I think that buying correct vintage Rolex watches for a decent price and finding a way to restore them for a reasonable price is not that easy. Especially if you're "new to the world of vintage Rolex". Cheers Jeff
From 6694 to Paul Newman
By: chipshop : May 18th, 2010-10:47
As far as liking watches goes, I’ve long admired the design and “presence” of Rolex watches, particularly the 1965-75 era stainless steels with plain or off-white dials. A few years ago (blimey, its actually 20 years!) I gave my wife a b...
Trade up to Paul Newman
By: chipshop : May 22nd, 2010-05:29
They weren't subs - I can't afford those and I wanted to start start with the modest end of the line anyway. As chance would have it, I came across a Precision 6694 (manual) first and then a Date 1500 (auto). I'm glad I did: there's something fundamental ...