Quote:
Originally Posted by singaporepatek
I don’t want to buy another Patek and lose my shirt. I bought 5170 for $85K from my AD few yrs ago and went to sell and couldn’t get an offer above $39k. Just disgusting. Buying what you love is NOT a financially smart thing to do. I won’t buy 5212 unless I won’t lose 45k like my 5170. I look at my 5170 and want to throw it in garbage because that’s how the market views it apparently
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I'm sorry, but I cracked up reading this post. One of the funniest unintentional posts I've read recently. The vast majority of watches lose money. Period. If you're buying watches to have them appreciate, you're missing the point.