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  #141  
Old 01.10.2018, 12:15
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Re: What (Swiss) watch do you wear?

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I don't deny that is a nice mechanical piece, but just not exceptional, and that it is an emotional etc piece of jewelry, the only one a real man can wear without a shame :-)
Wedding rings? Or are they suddenly impossibly feminine?
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  #142  
Old 01.10.2018, 12:31
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Re: What (Swiss) watch do you wear?

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Watched in second hand market or via grey market are between 30-50% cheaper than buying new
Sure. But if you buy a decent one in the second hand market (or get a good deal) is your money in a stable place. I could easily sell any of our watches for more than what I paid with the exception of an IWC we bought at list price.
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  #143  
Old 01.10.2018, 12:47
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Re: What (Swiss) watch do you wear?

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Wedding rings? Or are they suddenly impossibly feminine?
I wear mine with pride, but then it is the first and only one :-)
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  #144  
Old 01.10.2018, 12:51
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Re: What (Swiss) watch do you wear?

That's how it is done - marketing is the key, not engineering.

Financial Times: The rise of the low-cost mechanical watch
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“I decided to establish Marloe after living in Sweden for a few years, where there are two or three brands which have become very successful selling quartz watches at very high margins,” says Mr Goffe. “It sort of infuriated me to think that people would pay so much for a quartz watch that cost, perhaps, $5 to make. So I went down the route of seeing how much a proper mechanical watch could actually be produced for.” He and Mr Fraser chose Seagull because it makes its components with Swiss machinery.

Mr Goffe is reluctant to reveal how much his company pays for what he describes as “absolute grade-A” Seagull movements. He indicates a ceiling of around £50 per unit, however, plus cases, dials, crystals and so on. Even after the cost of assembly — by a Chinese manufacturing partner — he is left with a viable profit.
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He thinks the Swiss industry needs “myth-busting” when it comes to mechanisms’ prices and says he can obtain movements for one-tenth of what bigger brands say they cost.
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  #145  
Old 01.10.2018, 12:59
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Re: What (Swiss) watch do you wear?

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That's how it is done - marketing is the key, not engineering.

Financial Times: The rise of the low-cost mechanical watch


Well to be honest essentially all common consumer goods are products of heavy marketing rather than engineering.
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  #146  
Old 01.10.2018, 13:15
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Re: What (Swiss) watch do you wear?

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A high-end watch will hold and/or appreciate in value...and is one of the few intrinsically engineered mechanical pieces of technology left in this world. Some people (outside of the ones who buy just for image) admire that.

There is also a traditionalism associated with buying an expensive watch, many people do it at specific milestones in their lives or hold out for one big selfish purchase. All harmless fun in my eyes.
For me a watch is just a beautiful to own and look at, I appreciate mechanical watch movements, whether it is inside a 300CHF Seiko or a 9000chf Jaeger LeCoultre. I also think a nice watch looks far better and more gentlemanly than wearing a smartwatch, especially at work.

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Rubbish, they nearly all fall in price except a very few high end Pateks (think $250k +)

Watched in second hand market or via grey market are between 30-50% cheaper than buying new
Some brands such as Rolex hold their value and sometimes even increase over time, this is common knowledge and you can find many websites that discuss it in detail if you Google.

Personally I do not buy watches as an investment, I buy them to wear and enjoy and fully expect to take a financial hit doing so. I'd rather have several different watches whose differences I genuinely appreciate than one super expensive show-off piece.

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That's how it is done - marketing is the key, not engineering.

Financial Times: The rise of the low-cost mechanical watch
What that article does not take into account is that the top Swiss brands have watches that are subject to many hand-made procedures and parts that require genuine expertise to perform and make, not to mention the previously minerals and metals used. That kind of thing still thankfully has value in this world and hopefully always will.
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  #147  
Old 01.10.2018, 13:53
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Re: What (Swiss) watch do you wear?

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Some brands such as Rolex hold their value and sometimes even increase over time, this is common knowledge and you can find many websites that discuss it in detail if you Google.

Very few hold their value, Submariners tend to hold up well but not many other do really, unless they have a special dial or whatever.
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Old 01.10.2018, 14:18
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Re: What (Swiss) watch do you wear?

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Rubbish, they nearly all fall in price except a very few high end Pateks (think $250k +)



Watched in second hand market or via grey market are between 30-50% cheaper than buying new
I think you're slightly misinformed to single out high-end Pateks?! There are watches bought at list price of $8-10k which have appreciated in value due to a number of factors, not least that they may be discontinued or limited editions at the time.

Even a 20-30k Patek won't depreciate to the level you're suggesting...!

Of course an entry level luxury watch won't do that.

Last edited by thekman; 01.10.2018 at 14:21. Reason: Added sentence
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  #149  
Old 01.10.2018, 14:19
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Re: What (Swiss) watch do you wear?

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What that article does not take into account is that the top Swiss brands have watches that are subject to many hand-made procedures and parts that require genuine expertise to perform and make, not to mention the previously minerals and metals used. That kind of thing still thankfully has value in this world and hopefully always will.
Unless you pay 100k plus you won't get a hand made watch, 10k will get you some hand finishing if your lucky.

Rolex produce approximately 1,000,000 watches a year, it's mass production on a huge scale.

As for keeping their value the manufactures have bought 100,000's of unsold luxury watches back from shops, they then recycle them into future production with new faces, hands etc. About 40% of turnover of a watch manufacture is marketing, Brand Ambassadors may receive 10,000,000 for their endorsement.
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  #150  
Old 01.10.2018, 14:40
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Re: What (Swiss) watch do you wear?

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I think you're slightly misinformed to single out high-end Pateks?! There are watches bought at list price of $8-10k which have appreciated in value due to a number of factors, not least that they may be discontinued or limited editions at the time.

Even a 20-30k Patek won't depreciate to the level you're suggesting...!

Of course an entry level luxury watch won't do that.

Very few Patek's hold their initial sale value you just need to look at the second hand markets to see that !



Limited editions, total crap, every watch Hublot brings out is a "limited edition", high end watch makers don't really bother with "limited editions", meaning Patek, Breguet, VC, Blancpain and AP if you notice.


JLC brought a few out in platinum about 20 years ago but it is just a marketing exercise and never really been repeated.
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  #151  
Old 01.10.2018, 14:42
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Re: What (Swiss) watch do you wear?

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Unless you pay 100k plus you won't get a hand made watch, 10k will get you some hand finishing if your lucky.
I didn't mean fully hand made start to finish, but with various procedures such as finishing and detailing in addition to parts like hands etc.

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Rolex produce approximately 1,000,000 watches a year, it's mass production on a huge scale.
Again, yes, that is self-explanatory for mass-produced watches.
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  #152  
Old 01.10.2018, 14:56
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Re: What (Swiss) watch do you wear?

I don't like to wear watches as I find them uncomfortable, but wear one when I need to have easy access to the time. Generally:

- Travelling with timetable (train, plane)
- Sport with gloves (skiing)
- Timing for sport training
- Multi-day leisure travel without electricity/cellular network

Except for the above cases, I find a watch unnecessary as:

- I have the time readily available (computer, wall clock, building clocks, mobile phone, ask someone close by)
- I already know the time to sufficient precision from the last time I observed a clock (or sun position)
- I don't actually need to know what time it is

The closest thing I have to a Swiss watch is a Garmin
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  #153  
Old 01.10.2018, 15:07
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Re: What (Swiss) watch do you wear?

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Very few Patek's hold their initial sale value you just need to look at the second hand markets to see that !



Limited editions, total crap, every watch Hublot brings out is a "limited edition", high end watch makers don't really bother with "limited editions", meaning Patek, Breguet, VC, Blancpain and AP if you notice.


JLC brought a few out in platinum about 20 years ago but it is just a marketing exercise and never really been repeated.
Ah yes I see what you mean - by limited edition I mean genuinely short-run timepieces rather than those marketed as such. Ps. Hublot doesn't belong in any conversation regarding nice Swiss watches!
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  #154  
Old 01.10.2018, 15:12
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Re: What (Swiss) watch do you wear?

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I don't like to wear watches as I find them uncomfortable, but wear one when I need to have easy access to the time. Generally:

- Travelling with timetable (train, plane)
- Sport with gloves (skiing)
- Timing for sport training
- Multi-day leisure travel without electricity/cellular network

Except for the above cases, I find a watch unnecessary as:

- I have the time readily available (computer, wall clock, building clocks, mobile phone, ask someone close by)
- I already know the time to sufficient precision from the last time I observed a clock (or sun position)
- I don't actually need to know what time it is

The closest thing I have to a Swiss watch is a Garmin
Jesus wept.
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  #155  
Old 01.10.2018, 15:21
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Re: What (Swiss) watch do you wear?

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Limited editions, total crap, every watch Hublot brings out is a "limited edition", high end watch makers don't really bother with "limited editions", meaning Patek, Breguet, VC, Blancpain and AP if you notice.
Um, AP makes dozens of limited editions of the royal oak offshore... one worse than the next.


Blancpain makes some limited editions for some ocean charity thing... but at least they are pretty.
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  #156  
Old 01.10.2018, 15:26
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Re: What (Swiss) watch do you wear?

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I don't deny that is a nice mechanical piece, but just not exceptional, and that it is an emotional etc piece of jewelry, the only one a real man can wear without a shame :-)
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  #157  
Old 01.10.2018, 15:37
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Re: What (Swiss) watch do you wear?

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Jesus wept.

I expect you would if somebody banged nails into your feet !!
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  #158  
Old 01.10.2018, 15:41
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Re: What (Swiss) watch do you wear?

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I expect you would if somebody banged nails into your feet !!
you're wearing your watch wrong.
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  #159  
Old 01.10.2018, 18:25
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Re: What (Swiss) watch do you wear?

This one.



8 years later, I still have not seen a prettier Watch.



Doc.
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Old 21.05.2019, 11:30
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Re: What (Swiss) watch do you wear?

I have added two more to my collection:

Omega Seamaster with custom strap

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IWC Automatic also with a custom strap

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