#1
|
|||
|
|||
OT: NYTimes article on watches
I know we have some watch aficionados here. I got my Seiko auto based on recs here
https://www.nytimes.com/2019/03/20/s...gtype=Homepage |
#2
|
|||
|
|||
I was a great fan of mechanical wrist watches, but this particular segment of the hobby totally turned me off the whole thing. I stopped reading Hodinkee because they would report on watch auctions as if these men were performing acts of bravery and heroism by winning a Daytona watch auction. "The room was electrified as the hammer neared dropping" - as if. It's another way for the mega rich to shelter their money, and undoubtedly doesn't stop anywhere short of money laundering like the art auction world. It's a grotesque performance.
I still peek my head into that world from time to time, but I mostly just stick to beating up my Squale. Whatever 285,000CHF piece MB&F comes out with next no longer interests me at all because of the wealthy circus of vanity. |
#3
|
|||
|
|||
I love my Seiko autos and my Hamilton hand cranker field watch and my Grand Seiko quartz.
The values are eyepopping, but I find watches just as fun at the shallow end of the pool, comparatively speaking. |
#4
|
||||
|
||||
Quote:
i just acquired this little number, one of the least expensive watches i've ever bought, and i'm loving it!
__________________
http://less-than-epic.blogspot.com/ |
#5
|
|||
|
|||
These things hardly seem like Blue Chip investments (from the article).
It's like $250k 1959 Sunburst Gibson Les Paul auctions, there are a small # of people who are willing to pay that but there is no guarantee they will always exist. Not that it has anything to do with a fun accessible watch or a $2000 2019 Les Paul. |
#6
|
|||
|
|||
Quote:
I too used to be interested in watches, but the reality is they are just status symbols, I bought a apple watch which has 100% more functionality than any mechanical watch, sure it's not as "cool" but I haven't worn any of my mechanical watches since I got it, and probably will sell them. |
#7
|
|||
|
|||
I can understand the handmade stuff, but Rolex's aren't exactly hand made...
The grand complications of Patek and others are true works of art (saw ones at a Geneva show in 90's, think it was this one or very similar https://www.thevintagenews.com/2018/...-of-watches-2/ Note what it is "worth" vs what you can get after commissions is a different matter! |
#8
|
||||
|
||||
Quote:
go for a 3 day backpacking trip and dont take any chargers with you. let us know if that 100% figure is 100% accurate.
__________________
http://less-than-epic.blogspot.com/ |
#9
|
|||
|
|||
Quote:
Gshock, garmin Fenix, but I don't go backpacking. A heavy mechanical watch isn't very functional for backpacking. |
#10
|
|||
|
|||
Quote:
This was my last buy before I jumped off the ship. |
#11
|
||||
|
||||
A variant of this has been used for all kinds of things (including bikes) but I think it applies - "How do you make a million dollars buying watches? Start with two million." Certainly there are watches that have gone up in value to reach crazy numbers in the last few years but that's a bubble that will undoubtedly burst at some point. It's similar to what happened with muscle cars many years ago.
Quote:
While it doesn't only apply to mechanical watches, a watch with an analog face can function as a compass when the GPS stops working. https://www.wikihow.com/Use-an-Analo...h-as-a-Compass
__________________
"I am just a blacksmith" - Dario Pegoretti
|
#12
|
|||
|
|||
Quote:
Now thats a cool watch. I get the old watch thing, even if its become a “thing.” But I ll content myself with cheap vintage stuff like omega connies and seamasters. Sent from my iPhone using Tapatalk |
#13
|
|||
|
|||
Quote:
Maybe they'd even call them field watches. Sure, a Rolex Deep Sea Dweller is silly for the backpacking excursion. But a Tudor Ranger? A Hamilton Khaki Field? A Seiko Alpinist? Ye Gods man, that's what those watches are built for. |
#14
|
|||
|
|||
Quote:
Quartz watches are superior, in every measurable way, to mechanical watches, not to even mention smart watches. And since you mentioned diving watches, are you sure you don't want a diving computer instead? Seriously. Last edited by ftf; 03-21-2019 at 05:16 PM. |
#15
|
||||
|
||||
Quote:
I have a friend that works in the classic car market, and he observed that production numbers are the most important thing to determine value. I'd expect that to be true for watches as well. There are a few very rare cars, and the rest are mass market examples that will never fetch a high price tag. I wouldn't expect a current volume produced Speedmaster to ever be worth more than retail. I do think that the watch companies are highly involved in the second hand market to create the illusion that these pieces are a good "investment". When selling a premium product it helps with the mental accounting if you can amortize the cost over your whole life and the lives of your children and grand children.
__________________
And we have just one world, But we live in different ones |
Thread Tools | |
Display Modes | |
|
|