Baron - Mr Red
14613
Value...investment...
Hi Chris,
I think the thing about value is that on this forum, the "value" of a watch is seen first and foremost as its intrinsic pleasure. By that, I mean its aesthetic beauty, its horological complications, its history, its quirkiness, innovation. It is these pleasures that drive most of the people on this forum. The monetary value of a watch is very much secondary to most people on this forum because very few see watches as investment. It is a different mentality. What Amanico was essentially saying is that if you love a watch, and truly adore the idea of wearing it, then you should pray that it is not rare, not valuable and nobody else wants it....the value to you is not a monetary one but one about pleasure.
However, you do raise an interesting question about monetary value and investment issues. If you buy a watch, you want a "return" from that watch. However, what I think Amanico is suggesting is that he would view its "return" in the form of the pleasure it gives him to wear it. It is a non-monetary return, if you like. I think most people on this specific forum would view it like that too.
I am sure that others will have their views too, but for the large part I think people who are passionate about watch collecting tend to view a watch's monetary return as quite low down the pecking order of factors that are attractive to them. If you like, it is the cherry on the icing on the cake. I buy the cake not for the cherry, but for the cake.
If you want to learn more about the monetary investment potential of specific watches, then you are 100% entitled to do so. I am guessing that this specific forum is NOT the place where that type of information is examined ...or particularly valued to any major extent.
RolexDaytona 6263 Big Red
By: chris4 : June 23rd, 2011-01:56
I have done a search about and found some interesting threads on the above watch, 727 manual movement etc, but quite interested in other views:- Firstly anyone know what sort of value a mid eighties piece would of cost when new? Secondly, roughly how many...
Nice Daytona...
By: Dino944 : June 23rd, 2011-07:35
Around 1984, the list price for a steel Daytona in the United States was $1,100 USD. At around the same time a Submariner was $1,350 and a GMT Master was around $1,325. Back then these watches were heavily discounted. You could walk into any authorized de...
Thanks...
By: chris4 : June 24th, 2011-02:28
Yes Amanico I indeed am happy with it, but it is not 'wrong' to ask questions and try to do a bit of research on such a piece, is that not what these forums are about? It is very dismissive when someone is trying to research something to just come out wit...
Value...investment...
By: Baron - Mr Red : June 24th, 2011-05:12
Hi Chris, I think the thing about value is that on this forum, the "value" of a watch is seen first and foremost as its intrinsic pleasure. By that, I mean its aesthetic beauty, its horological complications, its history, its quirkiness, innovation. It is...
Agreed...
By: chris4 : June 24th, 2011-06:26
Apologies if I phrased my questions incorretly, I am not really concerned about the value, dont dwell on that Baron, I was asking/am asking about the history of such pieces and their rise in value as a measure of the popularity and why this has happened.....
Chris....
By: Baron - Mr Red : June 24th, 2011-06:59
This is one of the best forums. I collect mainly Rolex and yes there are other Rolex-specific forums but I find myself on this one more than any other... and the resident experts are here in abundance. For knowledge....this is a good place to ask question...
indeed...
By: chris4 : June 24th, 2011-07:12
Yes it makes perfect sense Baron, I suppose the most interesting part of the question I am asking really is as to the rarity of the 'big red' ...rarity is obviously directly related to value wether we like it or not, but yes the value and possible continu...
numbers produced?
By: Baron - Mr Red : June 24th, 2011-07:25
I bet even Rolex don't have firm numbers for that! Likewise with the variation Paul Newman dial...nobody really knows numbers. People make educated guesses. 6262, for example, was only in production for a very short time...makes sense that not many were m...
No, not end of the story...
By: amanico : June 24th, 2011-12:36
I would be happier to see what details on this Dayto makes you so happy with it, what pleases you so much about this watch. Discussing Value is a bit irrelevant, and yes, I should have elaborated more. So here we are: Let me take an example: I bought a Re...
Thanks...
By: chris4 : June 27th, 2011-00:28
Nicolas, I understand and apologise if I reacted a little too quickly to your earlier comment, thanks for explaining. What do I like about the 6263 big red?....its just so right to me, the raised hour markers, the splash of red on the dial, the doomed cyr...
Compare...
By: chris4 : June 28th, 2011-00:18
What led me into the daytona was I firstly impulse bought a new one, then I fell in love with the 'old' one!. Took a couple of pics of them side by side for comparision....funny how much bigger the new dayto looks dial wise, yet they more or less wear the...