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I'm generalising a lot… you can definitely pick up a lot of GSs cheap especially in the US on forums and private sales. But nearly all brands are going to depreciate to a greater or lesser extent, barring a handful of rare references. And even the universal Rolex bulletproofness is really quite recent and probably won't last forever.
They're things to be worn and enjoyed at the end of the day.
Seems like it's improving. I hadn't thought that the number of brands not depreciating were so small.