Ultra expensive is relative. My nice watch I wear is about $12-13k out the door. That feels like a lot until a $50k watch walks in. My collection is worth roughly $20k and my next life milestone piece will be a gold day date.
That may sound wild to some but the way some will read this post is how I look at guys who are worth much less who buy $15k side by sides or $75k bass boats. In 5-10 years my nice watch will be what I paid or more while their purchase depreciates in to relative worthlessness.
I’ve been a watch guy all my life and my son will get a nice collection. It’s just what you’re in to and what you’re willing to spend money on. But in a world of **** we buy, a factory Rolex, AP, or Patek is about as safe a buy you can make.
I got into horology 4 years ago when I decided I was tired of being so connected to my phone and Apple Watch after going to a Jack White concert where he didn’t allow phones. Best way to watch anything live (concerts, sporting events, kids plays etc)
Picked up several pieces over the past few years across several brands. A couple I could easily sell now and make money, a couple that depreciated immediately but I really like them. Wear a Panerai Luminor for my daily watch and absolutely love it. Easy to switch straps so it’s like having several watches in one.
I’ve now settled down and am trying to only pick up pieces to mark special occasions unless it’s one I just absolutely love. Have my 20th anniversary next year and my 50th birthday the year after so will be in the market the next two years.
My first nice watch will go to my son at some point (college graduation, wedding, etc). Another will go to my daughter at some other milestone unless I purchase one for her and others will go to grandkids if we are lucky enough to have them. Anything leftover they are welcome on sell since most of what I have or will have should hold value decently.
On a side note, my love for watches got my wife and a daughter both interested in them so much so that my wife has now stolen my GMT and notices every watch people wear on television and my 12yo daughter sends me pics whenever she sees a cool one. My wife now wants a watch for our 20th anniversary as well and is trying to decide between a Cartier Panthere or JLC Reverso.
The TLDR synopsis:
All that to say they are still just jewelry and the only jewelry I wear besides my wedding ring, but the are very interesting and I could talk about them ad nauseam.
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