Is a Rolex a Good Investment?

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Growing up in London, many of the wealthy people used to wear luxury watches such as the Rolex, whether it be to business meetings or even nights out as a way to showcase their wealth to the public and even impress their clientele. However, purchasing a luxury watch such as the Rolex to be used as a means of investment rather than personal use has become a quite recent phenomenon due to its exclusivity and ability to hold value and appreciate over time.