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Started By
Message
1
Posted on 6/26/23 at 8:34 pm to BillF
quote:
You're prepared for the downvotes of people who can't afford it? If you could afford it, you wouldn't be asking if the watch is worth the price.
This is some tortured (I am being kind) logic.
I can afford a used 5x7 utility trailer but I have no idea what a reasonable price for one is. If I was planning to buy one I might ask some people that might have a better idea their thoughts on the price. It doesn't matter if the asking price is my last penny or sofa cushion money to me I don't want to pay more than what is reasonable for something.
Posted on 6/26/23 at 8:36 pm to DCtiger1
quote:
There are many times in life where checking my phone for “time” is inappropriate and classless. You clearly have no style or class. You can’t afford one it’s okay.
I respect you for this, solid answer.
But honestly then, why are you spending $10k+ on a watch that basically has 100 year old tech when you can get a watch for $300 with top of the line tech?
Why does a good watch appreciate? Honestly it makes little to no sense to me? It’s not really rare jewelry with hand made items and rare stones?
Posted on 6/26/23 at 8:42 pm to baldona
quote:dead giveaway you're a broke dick or liberal or both
why are you spending $10k+
Posted on 6/26/23 at 8:53 pm to baldona
quote:
Why does a good watch appreciate?
One side of my family is made up of mostly watchmakers by trade. They don’t make watches but there’s jewelers and then there are watchmakers. It’s a craft and well made watches are an art.
Also watchmakers are assholes because I don’t get a discount on shite.
Posted on 6/26/23 at 8:53 pm to chRxis
quote:
just way too small for a man, IMO
I pointed out the size initially because I wanted the OP to be aware of what he would be getting. Someone used to the more typical 40mm Rolex size might be caught off guard by a 34mm watch.
For many decades a 34-36mm watch was the common dress watch sizing for me. This shifted over the last 25 years or so with watches getting larger and larger, the Stallone/Panerai influence can't be ignored. However, over the last 10 years smaller watches have been gaining momentum in the community of watch geeks. More and more watches are coming out in sub-40mm sizes. When I see a 34 or 36mm watch on a guys wrist I see it similarly to a guy with a Grand Seiko or Nomos on: they are probably a watch person and I might strike up a conversation if appropriate. This is even more true if the watch in question happens to be vintage. While I don't think the OP is a WIS (IYKYK) wearing a 34mm vintage OP Date on a NATO will get a nod of respect from a WIS but the vast majority of the public won't even notice. Maybe he does want an inexpensive Rolex, I was in his shoes once and bought early manual wind used Daytonas when used watch shops (they were a thing) couldn't give them away, let's just say I never financially or otherwise regretted that choice.
Posted on 6/26/23 at 8:59 pm to LootieandtheBlowfish
quote:
It’s a craft and well made watches are an art.
Eeeh, I get it. But at the same time, I think expecting them to appreciate is unwise. Maybe they will, who really knows? I’m not convinced it’s as much of an art as other arts.
I’m not trying to argue at all, I’m honestly curious. But some of it is like a classic car. It’s somewhat rare and people with money are looking for things to buy that they enjoy and they won’t lose their arse on. The problem is that market is basically made up, and can swing or change at any moment. To be fair, many markets aren’t dissimilar.
Posted on 6/26/23 at 9:14 pm to baldona
My dad has a Rolex Explorer II he got years ago. I knew it was a nice watch but I never thought much about it and I never cared much about watches until I started reading the OT watch threads. Gradually I started developing an interest in the hobby. I bought a vintage Zodiac on eBay last year and am looking to add to my collection. I want a Speedy next and after that probably a Polar Explorer II similar to what my dad has.
Posted on 6/26/23 at 10:11 pm to baldona
quote:
But honestly then, why are you spending $10k+ on a watch that basically has 100 year old tech when you can get a watch for $300 with top of the line tech?
ICE tech is 100 years old... same same if that is the way you look at it.
quote:
Why does a good watch appreciate? Honestly it makes little to no sense to me? It’s not really rare jewelry with hand made items and rare stones?
The watches that do appreciate are indeed rare compared to the demand. There are far more people that want a Rolex GMT II and Patek Nautilus than are made each year. While prices on current Rolex have cooled in the last year or so you can still sell a brand new GMT II for almost twice retail as soon as you walk out of the store with it. Most Nautilus will command at least 2x retail and for the now discontinued 5711 3x retail easy. It is simply supply and demand no matter how artificial the supply is.
In high-end watches there can be a lot of hand work, especially in the finissage. Outside of the Swatch Sistem 51 all mechanical movements are assembled by hand.
Mechanical watches are an anachronism but so is a 1966 Shelby Hertz Mustang but people like to drive them and some people like to have a company like Revology build them a new version of them. Watch geeks like the idea of a watch keeping time with a series of springs and gears. Watch companies have tried to sell high-end watches with quartz movements, but there isn't really a market for them. The closest is the niche market for HAQ (high-accuracy quartz) which a small number of mid-tier manufacturers make examples of.
For every interest and hobby, a large part of the population will see the as foolishly wasted. How many of those high dollar follow the crown 6.5 Creedmoor will ever come close to wearing out a barrel? You probably know a guy with a blue water center console with trip 350s (or more) 5 figures in rods/reels and tackle, ungodly amounts in electronics and only hits the high seas a handful of times a year. One thing about a single nice watch is you can wear it 24/7/365 and if you take care of the maintenance you can wear it until you die.
Posted on 6/26/23 at 10:44 pm to baldona
quote:
I think expecting them to appreciate is unwise
I want to underscore something I always say when watch threads go this direction: watches are not a smart investment class. If someone really wants to see it that way it can be done but one has to have knowledge of the way the industry works and a bit lucky too. Likely the backbone of any investment strategy with watches would be built around vintage Patek and Rolex. When it comes to collecting every other brand is well under them. Keep in mind every individual model would be like buying a single stock.
I made a shite load of money in the watch game but it was 100% by accident/dumb luck. Some of the watches I bought with the sales have appreciated significantly and some have depreciated, overall I could sell the collection of modern watches for about what I have in it. Good for a consumer good I use, but horrible as an investment.
If you don't get joy from "expensive" (whatever that is to a person) then they shouldn't spend money on them just like anything else. I suggest people buy what they like within their budget and not pay attention to value retention though it is a constant topic on watch forums so I usually point it out as a positive for watches that are likely to hold value.
Mechanical watches have seen a huge resurgence in the last 20 years and demand goes up and down but in general, the sector is still strong. The market will likely give out at some point because they are anachronistic but not likely in the near/mid term.
Posted on 6/26/23 at 11:04 pm to SuperSaint
quote:
dead giveaway you're a broke dick or liberal or both
I spent $12k on home upgrades this year. The same people that think buying a 5k+ watch is a good idea are the same people that got cucked into buying their wives expensive arse rings that are also worthless.
Bunch of superficial flakes trying to make up for something
Buy a $400 Tissot and call it a day
Posted on 6/26/23 at 11:54 pm to WaydownSouth
quote:
I spent $12k on home upgrades this year.
I mean if you are going to try to flex surely you can do better than that.
Posted on 6/27/23 at 3:27 am to SuperSaint
quote:
dead giveaway you're a broke dick or liberal or both
Typical OT numbnuts logic .
The most expensive watch i own is an “homage” watch to the Omega Speedy Pro called the Bulova Lunar Pilot, which retails for $650 but which i paid $400 for.. though i have thought about (and may eventually) pull the trigger on an actual $5,000 Speedy Pro… but i can promise you that whatever I have spent, or not spent, on a watech has ZERO to do with my political leanings… Jesus Christ .
Posted on 6/27/23 at 5:12 am to IcantBelieveItsNotBu
I really, really want to get my hands on a MoonSwatch at MSRP. That's about all I have to add to a watch thread right now.
Posted on 6/27/23 at 5:32 am to Obtuse1
quote:the best 2 pounds too
feels like it weighs 2 pounds
Posted on 6/27/23 at 5:49 am to Obtuse1
Melt
ETA: Its not a flex. You are the one calling people you don’t know out for being “broke” for not making a terrible investment
ETA: Its not a flex. You are the one calling people you don’t know out for being “broke” for not making a terrible investment
This post was edited on 6/27/23 at 5:55 am
Posted on 6/27/23 at 10:27 am to KennabraTiger
Figured you’d provide a bullshite address.
Posted on 6/27/23 at 10:40 am to IcantBelieveItsNotBu
OT watch threads never disappoint. Not as fascinating as the WOTD Rolex threads of wrist shots in Hondas, 3-series and various entry level vehicles.
It's all what you value...
It's all what you value...
Posted on 6/27/23 at 10:41 am to DCtiger1
With the proper bracelet and papers, yes. As it is pictured, no.
Posted on 6/27/23 at 10:51 am to WaydownSouth
quote:
ETA: Its not a flex. You are the one calling people you don’t know out for being “broke” for not making a terrible investment
You’re being purposely ignorant. It is objectively not a terrible investment. You can’t substantiate that claim with fact. If you could actually find a new GMT Master II with a retail of 11,600, you could immediately sell for 20-25k. There’s almost zero chance it will actually depreciate.
12k In “home upgrades” could be a investment that increases the value of the home or it may not mean shite. Hell, the Coating on my garage floor cost 6k, that wouldn’t necessarily increase the sale price by any substantial amount.
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