Modern Grand Seikos long term resale value?

[metallic]

Buy what you like but don't expect them to hold their value. Too many new releases and they are all very similar. They are fantastic watches.

If you need value retention, stick to Rolex and Patek but even there you need to select carefully.

[Dirt]

Originally Posted by metallic

Buy what you like but don't expect them to hold their value. Too many new releases and they are all very similar. They are fantastic watches.

If you need value retention, stick to Rolex and Patek but even there you need to select carefully.

Agreed 100%

[pandrew6l]

Watches are for you to wear and enjoy! If you want an investment, buy one of those SP500 ETFs, they have long term potentials .

[IS2000]

Actually I am deciding if I should let go of my Shunbun now to fund my next purchase, or keep it since I like the watch. It has already lost 40% off its’ retail value, so depreciation is expected. However I have no experience with GS long term value retention. If one day (let say in 5 to 10 years) I would like to sell the watch, will it still be worth like half of its original retail value? For example I bought a Panerai for $5k back in 2006. I could sell it for $3k two or three years later. Today the Panerai is still worth pretty much the same as in 2008. Same thing can’t be said with a Tag Heuer or a Ulysse Nardin where the values keep dropping with time.
For those who have followed price trend of something like the Snowflakes. Are the older examples still losing value over the time?