PaulC72

Aaquil, investing in banks currrently does involve risk

joking aside why can you not just get a normal current type account that pays no interest, your money would gain nothing but remain the same, what you would then need to weigh up is would the watch return the same or less than that?

Deep Singh

The other thing to remember Aaquil is that though a bank acct gives say 7% interest gross ie lets say 4% net, inflation is 4.8% so really you are not gaining anything. Can't that be taken into acct in your beliefs?

Rapid17

The Rolex Submariner 16613 blu on that site at £3,795.00 looks the same as one i saw in a local jewellers recently priced at £5,375.00 - A difference of £1,580.00

RB5SCOTT

Green Migauss are 3.5k and going for around 6k

The new SeaDweller Deepsea are 4.7k and going for 9k

I have got my name down for a deepsea but its a 3 year wait so have got myself down for a green milgauss too which is only a year. But i am buying to wear not sell though, unless i can get 2

Deep Singh

What happens to the premium on these luxury/waiting list watches when there is a significant economic downturn?

yoza

I dont know of any that have sold for £6000, but I know of 5 that made £4600.

Its depends on who wants it, and how bad.

Certain people will happily pay double / triple RRP just to have the watch NOW, thats how it is.

wakeboardar

when you go on the waiting list do you have to pay the full amount up front

RB5SCOTT

I suppose its as Yoza says, they are going for as much as what people are prepared to pay. Yes there are some on there for 4k but the bidding has'nt finished also there are some on there for 9.5k If they sell at them prices is another matter. If you are lucky you may get a 4k ebay bargain but watch shops are selling for around 6k

green milgauss, Jewellery Watches, Water Resistant, Date Display items at low prices on eBay.co.uk