Quote:
Originally Posted by chuckw
Many sports collectors also buy and invest in silver, gold, high-end comics, and high-end watches, and the Rolex watch market has been one of the hottest collectible markets. Rolex watches have been appreciating like crazy over the past 2 years. Many Rolex stores were even completely out of inventory much of last year. In fact, gold, silver, and Rolex watches are often discussed during our local sports card investment meetings with collectors (if I remember correctly, half of the attendees at our last meeting were wearing Rolex watches).
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Agree with everything you say, am familiar with watches and coins myself, and it's a beautiful sub, was just surprised to see it in a sports auction. Hope it does well.
Incidentally a current model Rolex Oyster Perpetual "Tiffany Blue," I was just reading, sold for 70k, up from maybe 15K or so before it was unexpectedly discontinued.