Why do APs not hold their value as well or appreciate like Rolex or Patek?
I am interested in eventually purchasing a SS Royal oak (likely a 15450) but find their isn't the same urgency due to price appreciation as there is with Rolex watches that I am also interested in purchasing. Rather than thinking in terms of investing, I'm thinking in terms of what to buy now as I may be priced out of the watch in 5 more years, that seems to be the case with some of the Rolex watches (for example the 16520 and 1016 are two watches that if I would have bought 5-10 years ago that draw my interest but not for Royal Oaks, why is that?I look at the prices of 4100 or 14790 Royal Oaks as a suggestion of how the price of 15450 may change over time, would you suggest the 15450 will perform differently in terms of the used or vintage market, if so why?

My new 5227R
A 50th Birthday Present to myself ..... and one i started looking for 4 yrs ago.Difficult to capture a good photo of this stunning piece, but it looks OK on my Macbook, so hope it looks well on other PC's.patek 5227r.jpgpatek 5227r_2.jpgpatek 5227r_3.jpg

5726 grey dial on bracelet or strap or 5167R
Hi all,I would just like to know your opinion and personal tastes between these 3 watches, don't hesitate to write the reasons why you prefer this one to these, etc.For me I think it's in the order of the choices, 1st on bracelet, 2nd on strap and 3rd the 5167R, I am contemplating the eventual purchase of one, many have suggested the 5167 as I already have a Nautilus, but if ever I do get one it will be the 5726, what is the most important, having very different pieces to have a 3-4 piece collection as diversified as possible, or getting the pieces you love the most, even if 2 of them are very close?Anyways I think I would get on strap even if I kinda prefer the bracelet version, but in this case the preference is not huge and it would be better IMO to have one Nautilus on strap and one on bracelet since I have a 5712. Especially I contacted ABP in Paris, they can make any strap by special order for a Nautilus, they have done it before so it's no problem, the only thing they need is to

Your first Patek
I guess I'm more of a sports watch type guy. Here's my first one.Only time will tell if this leads to more.

Thoughts on the 504
Hey GuysI was just curious on some thoughts on the Panerai 504. I have one, and I like it......but other watches are popping up that I like as well and I'm trying to make a decision if the 504 is worth keeping in the long run. I heard they discontinued it, and I don't want to be the guy that sells it for 9K and then sees it for 16K Thanks for the advice!!