A Reuters story that appeared late last year said that Singaporeans are now trading their Rolex watches, including the popular Datejust watches, and are now settling for less pricey brands. This is because recession has hit the Asian city-state quite badly and people are trying to cash in on the value of their Rolex watches.

When people say that a Rolex Oyster Perpetual is timeless, it really is. Not only is it timeless but it is almost priceless. In time the price of the watch goes up. People from all over the world are collecting both used and new Datejust and Oyster Rolex watches even with the global depression. Not only are people collecting them but the prices are going up!

If your fortunate enough to have money to invest, the Rolex Oyster Perpetual Datejust would be a great starting point. Gold is at an all time high and with cash4gold watches are coming a commodity. The Rolex has craftsmanship that cannot be duplicated and if you decide to sell your watch down the line, give it a good buff and you could make a good return.

This fact is a testament to both the engineering excellence and the marketing brilliance of Rolex. When it comes to making watches, Rolex sets the standards. The Oyster Perpetual Datejust, in particular, was the first wristwatch to feature a date display, as well as the first wristwatch ever given a chronometer rating by the Contrle Officiel Suisse des Chronomtres (COSC). A chronometer rating is a certification of accuracy for a timekeeping device.

Not only does Rolex make amazing watches, they are able to market them perfectly. There are several hundred Oyster Perpetual Datejust watches made every year but they also have very limited edition watches that come out throughout the year as well. The Paul Newman Daytona watches are a limited edition Rolex Oyster Perpetual. It was once sold for over eight times that original cost of the watch.

As a rule of thumb investors always say that in a time of crisis, like our depression, people should invest in tangible commodity rather then put the money in the bank. The FDIC backs up 250,000USD now but money is backed up in gold. So go straight to the source and invest in a good watch.

Not only does the Rolex Perpetual Datejust have 18k gold but it also is studded with diamonds. Another good investment. Gold and other precious medals are such a valuable resource that is depleting your watch will go up in value. The Rolex Oyster Perpetual Datejust is a tangible object that you can hold onto and will be making money on your wrist instead of falling victim to inflation.

Learn more about Rolex Watches. Stop by Roman Streib"s site where you can find out all about rolex oyster perpetual datejust and what it can do for you.

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