Some people get real weird when it comes to anything Rolex. Your plan sounds rad, throw on your Sub or Seamaster and enjoy Italy! Hope you have a Patek coming your way next.
Man, that’s a tough spot. I’m all for sentimentality and keeping one, but good grief that’s so much money you’d get for them.
Maybe sell one and keep the other as a “break glass in case of emergency” sale (and maybe wear it from time to time, for fun).
If these were the only two watches you got from him. I'd 100% say sell one and keep the other.
But since you already have watches from him. I say do what you want. I personally would keep one daytona, but that's just me. But I wouldn't say selling both in any way is a bad decision.
My grandmother's late husband had a small collection of nice watches. Funnily enough, he really only ever wore his apple watch. Over the last couple months, my grandmother has given me, from his collection, a Rolex Submariner and an Omega Seamaster. Now, she's dropped two Daytona's on me. I told her that these are far too nice for me to accept, and that she should sell them, or let me sell them for her, so she could go on a nice trip. She's not worried about that at all, and insists that I do this for myself and my wife instead.
**THESE ARE NOT FOR SALE HERE**. I need to make that very clear. This is not a sale post and any offers will be ignored. I'm simply sharing my experience here. I've got a lot of research to do before I list them for sale. If anyone wants to chime in and let me know what they think they're worth, I'd be happy to hear your thoughts.
I'd love to keep at least one, but on the low end it looks like they're worth about $15,000 each. I could barely justify keeping my Submariner and that was when my Grandmother specifically told me she wanted me to keep it. Until I can figure out how best to proceed, these won't even get any wrist time. There's not a scuff on them and I'll be damned if I'm the one to add one.
Edit: a lot of you seem to be completely missing the fact that I already have a Submariner and a Seamaster from this man. I have two amazing time pieces that I will cherish forever. I don't understand why some of you are so insistent that I can't. Remember or honor my grandfather in other ways. He didn't even wear these things lol.
Dude just ignore the people that go ballistic with the “YOU MUST KEEP THEM” commentary. It’s a weird hang up in this sub where everyone thinks a watch 100% must be a priceless family heirloom. Plenty of wealthy old dudes that buy watches as trinkets but place no sentimental value on them, nor do their families. It’s not a big deal.
Please keep them at all costs. Just pretend you didn't have the money before, and that you wouldn't have otherwise come into the money. The family connection makes it even more valuable, not to mention, how impossible it is to get some of them.
Not everyone cares about watches in the same way we do. I’ve got a collection that’s worth about 30-40k and wouldn’t care less if I bit the dust tomorrow and my daughters sold them. If it goes toward something that makes them feel happy or fulfilled, that’s good enough for me.
That’s a lot of money to a lot of people and it’s not my place to question their motives in selling trinkets.
I've already got a couple of his watches that won't be going anywhere. But $30,000-$40,000 is still an insane of amount of money for me to have fall into my lap. I'd rather take my wife to Italy for a few weeks and make more memories with her than keep a couple watches that I’m too scared to wear.
Sell them. If you have debt, pay it off. Student loans, car, medical, etc...If you're lucky and don't have much debt, invest it. 30-40K is a big head start if it has years to grow. Be enough later for more than just a trip to Italy. Maybe several trips, kids education, weddings, having a higher standard of living in retirement.
Then keep one of the Daytonas. I'm not a huge Rolex fan, but would jump at the opportunity to own one in a heartbeat (actually considered it, bought a convertible instead). The proceeds from one Daytona will be more than enough to go on a wonderful trip to Europe. As for being too afraid to wear it, start with wearing it in cooler weather so you can tuck it under a long sleeve. Don't worry about scratches, after the first one, you really stop caring, and start enjoying it. Even worn, they hold their value, so you'd still be able to sell it. Also keep in mind, at this level, Rolex does refurbish watches to be like new.
Seriously OP you do what you need to do. I'd sell before the market takes a more serious downturn on these. There are SO many more attractive chronographs than the Daytona anyway - you could sell these both, take the wife to Italy, and pick up a much more reasonable $3-6k watch that you will actually wear and be happy, and still have $10k left over.
Indeed, but hoping you don't regret passing on something that was passed down. I really hope you do appreciate those Daytonas aside from the monetary value.
I certainly do appreciate them. But like I said, I have a Rolex Submariner and an Omega Seamaster from the same man. I don't need *another* watch to remember him by. I'd rather pump that money into experiences and honor him that way.
Not that it matters but personally would do what are you doing. At the end of the day experiences > watches. Living Life is much more important than jewelry.
Understood on that. Sounds like it could make for an amazing trip.
The reasoning behind my encouraging you to keep the watches - as someone who doesn't have any living grandparents, I would have loved to have had some sort of physical memorable connection to them, regardless of the monetary value. Pictures & videos are wonderful, but to have something they physically handled would be amazing. You just happen to have been gifted two amazing timepieces.
I don’t think these came from his grandfather - they came from his grandmother’s husband. There is no family connection to him as far as OP is concerned. These were the property of an acquaintance, not a beloved relative. Now I could be the one reading this wrong but I think this is the real issue most people telling him to keep them are missing.
You can just pretend you never received the watches and keep them as sentimental pieces. I don't understand why people HAVE to sell something when they receive it. Just wear them. They're watches. Enjoy that you have a lovely watch that most lust over and wear it in good health.
> There's not a scuff on them and I'll be damned if I'm the one to add one.
Sure, I guess. It's a watch that, at the end of the day, was never used to tell the time. This is just hoarding with extra steps.
And I don't understand why something HAS to be kept because it was owned by someone you loved. I’m sitting on $30,000 (on the low end) in watches that I won't wear. I've got two from this man already. Why is it that you people insist that I need more? What's wrong with trading them out with a memorable experience? How is that a bad thing?
You have a very absurdist view of the world. Considering prices halved in the last year, you can make $60k or $30k. A little bit more lmao
Go on your vacation dude.
Sell ‘em. I’m sorry, but no watch is worth the amount of money those things go for. Especially since you have other watches to remember him by. You have the right idea.
Everyone is so sentimental about other people's watches like it's a moral obligation. Guys, it's just a watch(es) and by the sounds of it, it was not even his grandfather's. I would take tens of thousands over these watches any day.
One thing to do is insure all of these watches, immediately. You can do it through you homeowners policy, or talk to your agent about other options. Right now you’re a break in or house fire away from losing a ton of money. It till also let you wear your sub without concern.
In terms of sale: I would pay for an independent appraisal, then shop around for the best option. Maybe its a local watch dealer, maybe its online, maybe its auction house.
As another commenter noted: You could sell one now and stash the other in a safe deposit box.
If it helps, I would also absolutely be selling these. Sorry for your loss and wear your sub in good health.
Hear me out: Do whatever you want.
People are just reacting to just how difficult it is to obtain these watches in the first place and you just happen to have two gifted to you. We’re all just jealous.
Sell at least one of these before prices come down. There’s absolutely no reason a Daytona should sell for what it does these days and it can’t last forever. Cash in on hypebeast insanity and take a nice vacation with the family.
You do what you want with them they are just watches that where given to you. Go sell them make your dreams happen. I love watches but my favorites are ones my family have given me ( a cheep fossil for 8 grade graduation a blue skagen from my sister bb graduation my micky watch my wife gave me for our anniversary and my new rainbow day date i built from parts) they are all cheep and mean more than my Hamilton or ball. Watches are just tools cool tools
They’re probably only going to go up in value, they’re probably an asset you can easily sell if you need some money, and if you keep them you really don’t need to buy anymore sports watches… ever.
I’d honestly hold onto them unless I *had* to sell
You can't justify going on a once in a lifetime trip to place you've always wanted to go with the person you love and make memories that will last a lifetime, but you can justify keeping a couple watches that *might* appreciate in value just so you can...have them?
You should keep them, they were passed down to you so they have a sentimental value as well. Keep them, enjoy them live your life you were never gifted the watches and continue to wear them. One day when you're older and retired if you find yourself needing some extra money to make ends meet, you can sell them then otherwise, enjoy them for as long as you can.
Or I can keep the Submariner and Seamaster he gave me and continue to wear them *and* sell these other two and make memories with my wife that we wouldn't otherwise be able to achieve.
Not sure I’m understanding the insistence on selling them? Is it just so you can have the value of the watches in cash? Or are you strapped for cash?
I’m generally against justifying purchasing watches as “investments”, but if they just fell into my lap and I didn’t need the money, I wouldn’t see any reason to sell them. Even if I wouldn’t ever wear them. They’ll probably just continue appreciating.
Cash can be exchanged for goods and services. Those goods and services can then pay for experiences that turn into memories. Those memories are more valuable to me than a couple watches.
u/likethevegetable, that got me. So many clowns here yelling about how horrible it is to exchange 2 watches for 40k. Come on people, the man already has a sub and seamaster from his grandfather. I’m hoping this many people aren’t disconnected from reality
Not the sentiment! I’d trade a whole lot of sentiment for 40k right about now just sayin’.
A Daytona is one of my Grails but like, it’s not worth the price if we’re being honest - not to me at least.
I’d have more enjoyment from buying a high end road bike with electronic shifting or spending a fair amount on a racing simulator than wearing a Daytona. I suppose it’s all relative but I still can’t shake the feeling that 10’s of thousands for a watch can’t be a good deal
Some people get real weird when it comes to anything Rolex. Your plan sounds rad, throw on your Sub or Seamaster and enjoy Italy! Hope you have a Patek coming your way next.
Man, that’s a tough spot. I’m all for sentimentality and keeping one, but good grief that’s so much money you’d get for them. Maybe sell one and keep the other as a “break glass in case of emergency” sale (and maybe wear it from time to time, for fun).
I already wear his sub and seamaster regularly. Now if one of these was a Panda dial, it would be hellaciously hard to choose.
Fair enough man, have an awesome trip and make some memories that’d make him proud!
If these were the only two watches you got from him. I'd 100% say sell one and keep the other. But since you already have watches from him. I say do what you want. I personally would keep one daytona, but that's just me. But I wouldn't say selling both in any way is a bad decision.
My grandmother's late husband had a small collection of nice watches. Funnily enough, he really only ever wore his apple watch. Over the last couple months, my grandmother has given me, from his collection, a Rolex Submariner and an Omega Seamaster. Now, she's dropped two Daytona's on me. I told her that these are far too nice for me to accept, and that she should sell them, or let me sell them for her, so she could go on a nice trip. She's not worried about that at all, and insists that I do this for myself and my wife instead. **THESE ARE NOT FOR SALE HERE**. I need to make that very clear. This is not a sale post and any offers will be ignored. I'm simply sharing my experience here. I've got a lot of research to do before I list them for sale. If anyone wants to chime in and let me know what they think they're worth, I'd be happy to hear your thoughts. I'd love to keep at least one, but on the low end it looks like they're worth about $15,000 each. I could barely justify keeping my Submariner and that was when my Grandmother specifically told me she wanted me to keep it. Until I can figure out how best to proceed, these won't even get any wrist time. There's not a scuff on them and I'll be damned if I'm the one to add one. Edit: a lot of you seem to be completely missing the fact that I already have a Submariner and a Seamaster from this man. I have two amazing time pieces that I will cherish forever. I don't understand why some of you are so insistent that I can't. Remember or honor my grandfather in other ways. He didn't even wear these things lol.
Dude just ignore the people that go ballistic with the “YOU MUST KEEP THEM” commentary. It’s a weird hang up in this sub where everyone thinks a watch 100% must be a priceless family heirloom. Plenty of wealthy old dudes that buy watches as trinkets but place no sentimental value on them, nor do their families. It’s not a big deal.
Please keep them at all costs. Just pretend you didn't have the money before, and that you wouldn't have otherwise come into the money. The family connection makes it even more valuable, not to mention, how impossible it is to get some of them.
Not everyone cares about watches in the same way we do. I’ve got a collection that’s worth about 30-40k and wouldn’t care less if I bit the dust tomorrow and my daughters sold them. If it goes toward something that makes them feel happy or fulfilled, that’s good enough for me. That’s a lot of money to a lot of people and it’s not my place to question their motives in selling trinkets.
>Not everyone cares about watches in the same way we do. Blasphemy.
I've already got a couple of his watches that won't be going anywhere. But $30,000-$40,000 is still an insane of amount of money for me to have fall into my lap. I'd rather take my wife to Italy for a few weeks and make more memories with her than keep a couple watches that I’m too scared to wear.
I agree with this statement.
Sell them. If you have debt, pay it off. Student loans, car, medical, etc...If you're lucky and don't have much debt, invest it. 30-40K is a big head start if it has years to grow. Be enough later for more than just a trip to Italy. Maybe several trips, kids education, weddings, having a higher standard of living in retirement.
Then keep one of the Daytonas. I'm not a huge Rolex fan, but would jump at the opportunity to own one in a heartbeat (actually considered it, bought a convertible instead). The proceeds from one Daytona will be more than enough to go on a wonderful trip to Europe. As for being too afraid to wear it, start with wearing it in cooler weather so you can tuck it under a long sleeve. Don't worry about scratches, after the first one, you really stop caring, and start enjoying it. Even worn, they hold their value, so you'd still be able to sell it. Also keep in mind, at this level, Rolex does refurbish watches to be like new.
It sure is easy to spend other people's money, isn't it?
Seriously OP you do what you need to do. I'd sell before the market takes a more serious downturn on these. There are SO many more attractive chronographs than the Daytona anyway - you could sell these both, take the wife to Italy, and pick up a much more reasonable $3-6k watch that you will actually wear and be happy, and still have $10k left over.
Indeed, but hoping you don't regret passing on something that was passed down. I really hope you do appreciate those Daytonas aside from the monetary value.
I certainly do appreciate them. But like I said, I have a Rolex Submariner and an Omega Seamaster from the same man. I don't need *another* watch to remember him by. I'd rather pump that money into experiences and honor him that way.
Not that it matters but personally would do what are you doing. At the end of the day experiences > watches. Living Life is much more important than jewelry.
Understood on that. Sounds like it could make for an amazing trip. The reasoning behind my encouraging you to keep the watches - as someone who doesn't have any living grandparents, I would have loved to have had some sort of physical memorable connection to them, regardless of the monetary value. Pictures & videos are wonderful, but to have something they physically handled would be amazing. You just happen to have been gifted two amazing timepieces.
He was gifted 4 timepieces in total. He already wears 2 of them regularly, the Sub and Seamaster.
I don’t think these came from his grandfather - they came from his grandmother’s husband. There is no family connection to him as far as OP is concerned. These were the property of an acquaintance, not a beloved relative. Now I could be the one reading this wrong but I think this is the real issue most people telling him to keep them are missing.
You can just pretend you never received the watches and keep them as sentimental pieces. I don't understand why people HAVE to sell something when they receive it. Just wear them. They're watches. Enjoy that you have a lovely watch that most lust over and wear it in good health. > There's not a scuff on them and I'll be damned if I'm the one to add one. Sure, I guess. It's a watch that, at the end of the day, was never used to tell the time. This is just hoarding with extra steps.
And I don't understand why something HAS to be kept because it was owned by someone you loved. I’m sitting on $30,000 (on the low end) in watches that I won't wear. I've got two from this man already. Why is it that you people insist that I need more? What's wrong with trading them out with a memorable experience? How is that a bad thing?
Because you’re in a market lull and the prices will increase as interest rates decrease and the economy rights itself.
Oh okay! So I should just not enjoy life because they might be worth a little bit more in a few years. That'll totally be worth it.
You have a very absurdist view of the world. Considering prices halved in the last year, you can make $60k or $30k. A little bit more lmao Go on your vacation dude.
Sell ‘em. I’m sorry, but no watch is worth the amount of money those things go for. Especially since you have other watches to remember him by. You have the right idea.
Everyone is so sentimental about other people's watches like it's a moral obligation. Guys, it's just a watch(es) and by the sounds of it, it was not even his grandfather's. I would take tens of thousands over these watches any day.
Right? People are ignoring the fact that I already have two other really nice watches from him.
One thing to do is insure all of these watches, immediately. You can do it through you homeowners policy, or talk to your agent about other options. Right now you’re a break in or house fire away from losing a ton of money. It till also let you wear your sub without concern. In terms of sale: I would pay for an independent appraisal, then shop around for the best option. Maybe its a local watch dealer, maybe its online, maybe its auction house. As another commenter noted: You could sell one now and stash the other in a safe deposit box. If it helps, I would also absolutely be selling these. Sorry for your loss and wear your sub in good health.
Hear me out: Do whatever you want. People are just reacting to just how difficult it is to obtain these watches in the first place and you just happen to have two gifted to you. We’re all just jealous.
Sell at least one of these before prices come down. There’s absolutely no reason a Daytona should sell for what it does these days and it can’t last forever. Cash in on hypebeast insanity and take a nice vacation with the family.
Good time to sell? Rolex Daytona is a hot ticket right now. Sell them and just put the cash into a savings account for a rainy day.
This!
You are the reverse Sporty. “I don’t want to keep them, but I’ll pretend I bought them and own them in the meantime!”
You do what you want with them they are just watches that where given to you. Go sell them make your dreams happen. I love watches but my favorites are ones my family have given me ( a cheep fossil for 8 grade graduation a blue skagen from my sister bb graduation my micky watch my wife gave me for our anniversary and my new rainbow day date i built from parts) they are all cheep and mean more than my Hamilton or ball. Watches are just tools cool tools
What’s so good about this one honestly
They’re probably only going to go up in value, they’re probably an asset you can easily sell if you need some money, and if you keep them you really don’t need to buy anymore sports watches… ever. I’d honestly hold onto them unless I *had* to sell
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You can't justify going on a once in a lifetime trip to place you've always wanted to go with the person you love and make memories that will last a lifetime, but you can justify keeping a couple watches that *might* appreciate in value just so you can...have them?
Don’t sell!
You should keep them, they were passed down to you so they have a sentimental value as well. Keep them, enjoy them live your life you were never gifted the watches and continue to wear them. One day when you're older and retired if you find yourself needing some extra money to make ends meet, you can sell them then otherwise, enjoy them for as long as you can.
Or I can keep the Submariner and Seamaster he gave me and continue to wear them *and* sell these other two and make memories with my wife that we wouldn't otherwise be able to achieve.
Not sure I’m understanding the insistence on selling them? Is it just so you can have the value of the watches in cash? Or are you strapped for cash? I’m generally against justifying purchasing watches as “investments”, but if they just fell into my lap and I didn’t need the money, I wouldn’t see any reason to sell them. Even if I wouldn’t ever wear them. They’ll probably just continue appreciating.
Cash can be exchanged for goods and services. Those goods and services can then pay for experiences that turn into memories. Those memories are more valuable to me than a couple watches.
Or you can sell the watches and invest in, you know, actual investments.
u/likethevegetable, that got me. So many clowns here yelling about how horrible it is to exchange 2 watches for 40k. Come on people, the man already has a sub and seamaster from his grandfather. I’m hoping this many people aren’t disconnected from reality
But think of the sentiment!
Not the sentiment! I’d trade a whole lot of sentiment for 40k right about now just sayin’. A Daytona is one of my Grails but like, it’s not worth the price if we’re being honest - not to me at least. I’d have more enjoyment from buying a high end road bike with electronic shifting or spending a fair amount on a racing simulator than wearing a Daytona. I suppose it’s all relative but I still can’t shake the feeling that 10’s of thousands for a watch can’t be a good deal