CryptoCurrency

Rolex's with 3k of gold are trading at 6 figures. Are they worth that? Just because something has a price tag, doesn't mean it's worth that. Just because a watch triples in value, doesn't mean it's now a good investment. Although it does have scrap value. Do bitcoins or any crypto?

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GMT said:

Rolex's with 3k of gold are trading at 6 figures. Are they worth that? Just because something has a price tag, doesn't mean it's worth that. Just because a watch triples in value, doesn't mean it's now a good investment. Although it does have scrap value. Do bitcoins or any crypto?

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Agree with you there GMT,,
A Rolex Platona that is selling in Grays for £100k contains a very small amount of platinum,,,,,
As does a white or yellow gold Rolex ( soft metals scratch very easily),,amount of gold compared to weight and then price,,,
Ice blue dial is a beauty but not worth the premium but nor is a SS White Daytona 500 at over £30k in gray dealers,,
unfortunately flippers and speculators have ruined it and not forgetting the constant robberies ,,
I agree with your hypothesis regarding price and value,,,,
Having a popular dis- continued model is a different “ kettle of fish”,,,,
16610,,,NOS,,,unworn ,,,Sub Kermit or the 116610 Sub Hulk ,unworn,,,,fully or partially stickered with full sets are fetching crazy money and it seem that particular train is not stopping anytime soon along with the Daytona’s and Gmt Blro / Pepsi and to a lesser degree the Blnr/Batman

GMT said:

Rolex's with 3k of gold are trading at 6 figures. Are they worth that? Just because something has a price tag, doesn't mean it's worth that. Just because a watch triples in value, doesn't mean it's now a good investment. Although it does have scrap value. Do bitcoins or any crypto?

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Rolex will always be worth it.are you crazy?

It's personal tastes.. I prefer Omega watches. I don't buy watches for an investment lol.

Metaphors chaps.

Yeah yeah.swiss watches usually hold their value and it's usually easier to sell than raw metal.