11-15-2007, 04:40 PM
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CC Member
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Join Date: Aug 2006
Location: San Diego,
CA
Cobra Make, Engine: SPF1715, Roush Built 434 ci Stroker, Dart Block, Ported AFR 205 Heads... 561 hp / 547 tq, Former Roush Show Car, Completed and Prepped By Olthoff Racing.
Posts: 1,066
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Originally Posted by james-w
$5.5K for a rolex sure, but not for a watch with a very limited resale market. It would be interesting to see what their resale value is a few years out. I personally would not consider it. The watch maker is using an movement that they purchased from ETA ( http://thewatch-watch.blogspot.com/2...o-watches.html) and I found ETA movements (may not be the same but a good price comparison at http://www.ofrei.com/page893.html) for $125.
Bottom line, $125 movement in an Italian case and Carol signs the box. So I see about $5K in profit potential per watch.
Interesting.....
James |
I agree, buy a Rolex. I own a President, a Submariner and a GMT and they hold their value well. I have owned the GMT for 22 years and it is still going strong... |