I have been thinking about getting a gold Rolex for a while now. I mean, who doesn’t want a gold Rolex? It is a classic, right?

So, I started doing some digging around to see what’s what. Turns out, a lot of people say these watches hold their value pretty well. Some even say better than other gold watches. But here’s the kicker, the steel ones are even better at keeping their value. Who would have thought, right?
I talked to a buddy of mine who’s into this kind of stuff, and he told me, “Man, be prepared to lose some cash the moment you buy one of these.” It’s like buying a new car, I guess. Drives off the lot, and boom, it’s worth less. He also mentioned that if you’re worried about inflation and all that jazz, gold might be a safer bet. It’s got a history of holding up when everything else is going crazy. Makes sense, I guess.
Anyways, I went down this rabbit hole online, checking out different places that sell these things in Indonesia. Found a place called “The Time Place”. They have all sorts of gold Rolex watches. Pretty cool, but man, the prices!
Then I stumbled upon some articles talking about how prices for these watches are down. Not just Rolex, but others too, like Patek Philippe. So that got me thinking, maybe now’s the time to snag one?
- Browsed a bunch of websites: Wasted a good chunk of my afternoon just clicking around, looking at different models.
- Talked to my friend: He gave me some real talk about the depreciation. Ouch.
- Found a retailer in Indonesia: They’ve got a ton of options, but it’s still a big chunk of change.
- Read up on price drops: This is the tempting part. Maybe I can get a deal!
My Realization
After all this, I’m still on the fence. It is a lot of money, and even though prices are down, it’s still a big decision. Plus, there’s the whole losing money as soon as you buy it thing. But then again, it’s a gold Rolex! I’m going to sleep on it and see how I feel in the morning. Maybe I’ll hit up my friend again and get his thoughts one more time.
