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Is it worth buying 1 expensive watch?

Discussion in 'Classic Menswear' started by tommboy, Jan 17, 2009.

  1. ShelterIslandMike

    ShelterIslandMike Well-Known Member

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    I like a classic, no frills watch. It will look good forever and tell time. With that said, I bought the best watch I could with the money I was prepared to spend for a watch. In today's market, it would cost about $4,000 - a steel Breitling Colt Automatic. I also have a military Timex with a nylon band. I like both and do not care much what others think about them. So, I say spend what you want, get what feels good, and enjoy.
     
  2. size 38R

    size 38R Well-Known Member

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    Excuse me? Lifetime you say? my watch is 55 years old, looks gorgeous, keeps time perfectly. and it's a Seiko.
    can your Rolex do that? seriously, if you want to know the time, forever, Only buy Seiko. Period.
     
  3. jeff13007

    jeff13007 Well-Known Member

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    I agree that Seiko is a very underrated brand but i dont think he was directly bashing seiko itself but rather the general image of japanese watches. Pretty sure if he ever saw a grand seiko's price tag he would reconsider he views. Btw i have seen watches in my family from my grandfather that are over 55 years old that were rolex's, pateks etc that still work so your "only buy seiko" statement is as narrow minded as the previous poster bashing them. Come to think about it my friend just got his grandad's rolex from the 1920's for his birthday last year and he uses it daily so yes a Rolex can do that.
     
  4. dddrees

    dddrees Well-Known Member

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    My Rolex is only 40 years old.

    So I guess you might be right, I mean it still has 15 years to go.
     
  5. RogerP

    RogerP Well-Known Member

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    I'm a big fan of Seiko - particularly the often overlooked Grand Seiko line. Much respect for the brand. But the above is undiluted rubbish. "Only Seiko"? Seriously? Tell that to my Omega dating back to 1947. Or explain the thriving vintage market of 50-plus year old watches in perfect running order - most of which do not have Seiko printed on the dial. Do ease up on the fanboy drivel, will you?


    You might want to get out more. Seiko makes a number of very nice watches that will indeed last a lifetime.
     
    Last edited: Jul 20, 2013
  6. jeff13007

    jeff13007 Well-Known Member

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    Thats the thing with seiko fanboys. They preach all over the internet about how awesome they are and how everybody who buys something besides a GS is an idiot. But in reality i would be very surprised if more than 1 out of 50 of them would actually buy a GS over a rolex or omega
     
  7. size 38R

    size 38R Well-Known Member

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    well now,[​IMG] i am in a position to by a Rolex. and probably won't. swing more towards a vintage seamaster. Last watch was an EBEL. (sold it)
    but every time, it's a Seiko. i currently have 2 now, both 50+ years old.
    and no,not Grand Seiko's. one is a "Marvel" (1958), the other is a "5 -Sportsmatic deluxe"(1962) . the next will be a King Seiko, or another Sportsmatic. GS are nice though.
    -loving the casio edifice "red bull f1" watch right now. so.want.
    the O.P said he has a budget, so why not get a quality time piece? he could even get a vintage GS for $300. hell, buy 3 various models and he is still under budget!!

    because at the very least, it's a more sound choice than a TAG, or Tissot in his price range. a rolex or GS is most likely not
    . but who cares, he is after a watch, not a jewel encrusted conversation starter. so to get it straight,
    if i were a "Fanboy" i would just buy another swiss watch and show it off to people. because people would say, "hey is that a ......."



    instead, i go to a Jeweler, and they say " that's a beautiful watch" . [​IMG]


    let the O.P work it out. because in his price range, he's not missing out on anything.
    [​IMG]
     
  8. RogerP

    RogerP Well-Known Member

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    If you were a fanboy, you would make statements like:

    Originally Posted by size 38R [​IMG] if you want to know the time, forever, Only buy Seiko. Period.

    As definitive an example of a fanboy comment as I can think of.
     
  9. size 38R

    size 38R Well-Known Member

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    ORLY? my statement still stands, thanks for highlighting it. [​IMG] - I shop for quality, not labels. they just happen to be the best quality.
    Citizen are good watches, some (all?) have used Seiko movements. if you are happy with one you like, go for it. a good one could be bought relatively cheap. and you can replace it anytime you change your mind.
     
  10. RogerP

    RogerP Well-Known Member

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    Of course your statement stands - it is what defines you as a fanboy - I hardly expected you to change your tune. Suggesting that the ONLY watch to buy for long term reliability is brand "X" defines you as a fanboy of that brand insofar as it clearly demonstrates that you are wearing a gigantic set of blinders with that brand's logo plastered all over them.
     
  11. JTA

    JTA Well-Known Member

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    If you peruse through the poor man's watch thread, you will find more information. Otherwise Watchuseek forum is another forum with great references.
    Nevertheless from what I gather Citizen is good for their solar powered watch whilst Seiko for the mechanical. Durability-wise they're both good value for money.
     
  12. size 38R

    size 38R Well-Known Member

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    another member on here has a Citizen "Crystal Date" from 1968. -it works perfectly. how do i know? i traded it to him.[​IMG]
    [​IMG]


    few scratches, but 27 jewels,automatic. and holds time well.
    sorry for the bad pic, it is a gorgeous watch.
     
    Last edited: Jul 21, 2013
  13. JTA

    JTA Well-Known Member

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    I think expensive is subjective. Each person has his/her own threshold.

    Regarding Seiko, it's a bit unfortunate that Seiko brand is underrated especially the Grand Seiko and Credo lines. They both produce fantastic watches.
    Perception-wise it's also unfortunate that for general audiences GS isn't perceived as luxurious brand, only the purist/horologist understand the quality in GS line.

    Just my two cents, I think it's fair to compare Rolex / Omega with Grand Seiko whilst the standard Seiko line is comparable to entry level (Seiko 5 line) and mid tier (Seiko Spirit Made in Japan line) watches.
     
    Last edited: Jul 22, 2013
  14. Upward

    Upward Well-Known Member

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    The advantage to owning a Rolex or other expensive watch is it can be sold and some money recouped. If you buy a $10,000 Rolex you can expect to be able to sell it quickly and get back 40%-50% of what you paid. I don't know how easy it would be to sell a cheap $200 watch.

    The downside is expensive automatic watches require service every 3-5 years, and service can range from $400 to $1000+ depending on what watch.

    Do your research before you buy, how much you can sell it used if you wanted to buy a different watch, how much it costs to service, ect.

    You will be wearing the watch so buy what you like. Decide if a 36mm or 40mm or larger watch looks good on your wrist. Bigger is not always better, Charlie Sheen wears a 36mm YM on tv and he has a collection worth millions. Decide if you want steel, gold, white gold, or something else and be prepared to pay more than the precious metal is worth. Decide how much you want to spend. Decide what you will use the watch for, do you dive or swim with it, do you use it to time a race, do you want to know the day or date or other information on the watch? That should help make a decision.

    I had a Rolex and sold it. It ran fast and I got tired of resetting the time every week. They offered to fix it, and perform a service for $1000. I sold it.

    I have worn Omega but never owned one. Omega is pursuing Rolex to grab the market of $10,000 watches. They raise prices often to try and catch Rolex and they stopped selling in stores and now sell in corporate owned botiques. 5 years ago you could by a Seamaster for $2,000, now they are selling for triple that amount. Omega is developing in house movements. If you buy Omega, know what you're buying, if the movement is the more valuable inhouse or if it is an older movement, and if it is an older quartz that does not hold value like automatics.

    What I like recently is the Citizen eco-drive watches. They are quartzs, they have almost no resale value, but they look good and they have features that I like.

    Once you own and sell watches, you will probably want to have 2 or 3 nice watches.

    Remember, if you own an automatic and don't wear it for a couple days it will stop running and you will have to reset the date, time, ect. They sell winder boxes to take care of that but some people think that reduces the life of a watch.

    I hope you find a watch you like and don't worry too much about other people. I can say when I had my gold Rolex the only women who noticed it are women who had no good intentions than to try and get as much money from the wearer as possible. Most people didn't notice it. A cheap stylish watch may have more desired outcomes of completing a look you're going for without attracting attention from gold diggers.
     
  15. Dnslater

    Dnslater Well-Known Member

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    Citizen does not us Seiko movements. They use Miyota movements...... Made by. Citizen . Quality is comparable to Seiko, although they lack some of the history in my opinion.
     
  16. jeff13007

    jeff13007 Well-Known Member

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    I agree with most of your points except for the first one. That is possibly the worse reason to buy an expensive watch. If im gonna drop 5-30k for a watch im not thinking to myself "hey its ok cuz i can sell it for at least half the price later on!"
     
  17. dddrees

    dddrees Well-Known Member

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    Fortunately this is not always the case. However it does just depend on which watch you buy and what you actually paid for it. Some watches do tend to do much better than others, and if you buy second hand then the first owner will have suffered the loss and not you. Then again some watches can actually increase a bit in value over the years, but then again there are no guarantees.


    So as with anything else it is best to buy wisely, and buy because you really like it and not because you intend to resell it.
     
  18. RogerP

    RogerP Well-Known Member

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    The flipside of that analysis - by your numbers - is that you stand to lose $5-6k on the resale of your Rolex, whereas you stand to lose a maximum of $200 on your cheap watch. This is an advantage for Rolex how, exactly?

    The bolded portion below is false. Omega (as with many manufcturers) has opened several boutique stores, but by no stretch of the imagination have they "stopped selling" through their existing chain of authorized dealers. I was just in one yesterday for crying out loud.


    Quote:
     
  19. jeff13007

    jeff13007 Well-Known Member

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    Very true. I went to an hour lounge (Vacheron Constantin collectors club) meet up recently and there is a certain demographic that buys those very rare models with the expectation that they will go up in value e.g one guy paid a 30 percent downpayment of 135 grand and was complaining about how he never even got to see the watch and was asking the rep if they had even started lol. But i think with these kinds of customers its more akin to buying expensive pieces of art rather than just a time piece. An interesting fact i learned with some watch shop owners was that some of their most expensive pieces which us mere mortals hardly get a chance to see are actually second hand watches that have gone up in value, im not talking about those bog standard calatravas, maltes, patrimonys, classiques etc I'm talking about those grand complications or minute repeaters. At the meet i saw one with a Tourbillon, day/date/month and a minute repeaters. Retailed for 750k but now is closer to about a million
     
  20. mimo

    mimo Well-Known Member

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    What they do is insist increasingly that dealers open Omega-only boutiques in order to keep the agency. With big chain retailers, they're not worried: the bigger the chain, the more rigid the pricing structures generally, and so the more reassured Omega are that the AD is not undercutting other outlets and lowering the real market price.

    It's the smaller independent ADs who are losing the agency - or being told to open an Omega-only boutique as the price of keeping it. Rolex have done the same in the last few years, cutting off thousands of independent ADs and opening many new boutiques - but they're not owned by Rolex, they're AD-owned, but designed and run to Rolex's specifications. Patek Philippe and Panerai have done the same to their AD in my local market. It's partly prestige of course, but also about commitment to price control.
     
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