JLC value retention | FerrariChat

JLC value retention

Discussion in 'Fine Watches, Jewelry, & Clothes' started by Bullfighter, Jan 24, 2022.

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  1. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,599
    Gates Mills, Ohio
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    Jon
    I see Rolex commanding a resale premium now, sometimes substantial, especially for the professional models. However, I’m interested in several of the JLC master ultra-thin models, and I see the Perpetual running into the mid $20K range.

    Any experience on how I might come out financially after 4-5 years? Not looking to flip watches, but I like the idea of a watch as an asset.



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  2. bart12

    bart12 Formula 3

    Nov 6, 2008
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    The River runs through it
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    MD Leo
    I would not put my savings in a JLC and retire in 5 years.
     
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  3. flat_plane_eddie

    flat_plane_eddie F1 Rookie
    Owner Regional Sponsor

    Mar 30, 2013
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    Eddie
    Historically speaking you won't come out close to what you paid for it. I used to be able to source most of their stuff for a discount and I might still be able to. But even then, you'll probably lose another 10%-20% over the years.
     
  4. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
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    Jon
    Thanks, both. Kinda what I thought.
     
  5. johnireland

    johnireland F1 Veteran
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    Mar 19, 2017
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    John A Ireland
    JLC is a great name and if you like one of their watches and will enjoy seeing it on your wrist, then buy it and don't worry about future valuations. Who knows what the world will look like in 4 or 5 years. If asset values go up, swell. If they go down for any of a dozen reasons, and you still love seeing the watch on your wrist, then you didn't lose anything.
     
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  6. italiafan

    italiafan F1 World Champ
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    Patek (or ALS) is a safer “bet.” I personally think dress watches will be back in vogue in a few years. The worm continues to turn.
     
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  7. Il Tifoso

    Il Tifoso Formula 3
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    Oct 22, 2013
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    I just recently purchased a new JLC Master Ultra Thin Perpetual, not for investment, but because they are incredible time pieces, especially the Perpetual in rose gold. I can’t speak more factually than others already have on value retention, but as far as the watch, the quality, they are truly amazing.

    If you like JLC, buy it for what it is. You really can’t go wrong.
     
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  8. Bullfighter

    Bullfighter Two Time F1 World Champ
    Lifetime Rossa Owner

    Jan 26, 2005
    22,599
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    Jon
    This is interesting… I agree, I think the big watch trend is played out. There are just too many of them.


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  9. Drive550PFB

    Drive550PFB Two Time F1 World Champ
    Silver Subscribed

    The current bubble is not typical. With the exception of certain rare watches, a watch, in general is a depreciating asset. Having owned Rolexes, Omega, JLC, Patek, Piaget and others, my experience is that I have lost money on all of them. Even a Rolex Daytona. I bought a gold Daytona in 2007 and sold it a few years later for a thousand less. I had a Yachtmaster and lost about $3K on it. Both of those watches today would trade at double what I paid. But this is a temporary condition. I have 5 current Rolexes which are all worth more than I paid, but I am not selling right now.
     

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