Matteeboy

No but I have made a lot more on a simple boat plus other items and they were actually USEFUL.

I'm not pushing G Shocks - some like them, some don't. And I do actually like the look of some pricey watches (Panerai in particular) but those that spend a fortune on a watch thinking it makes them look wealthy really need their heads examining.

I had a good look on a watch website (that covers most brands) when I was looking for a new G and the total nerdiness that goes into some people's watch collection beggars belief - there seem to be a multitude of problems with these hyper pricey timepieces. No thanks.

What I'm ranting about is the stupid people who make a few quid, then feel the need to try and show it off with daft little items like a watch.
Sorry, but the truly wealthy seem to have no need for this **** waving.

Devildog

Each to their own Matt

But I think you are generalising/stereotyping a fair bit.

Yes, I know of people with designer (Gucci, Cartier, erc, etc,) watches who are in debt.

I also know people with watches worth many thousands of pounds who are not. And who are very unassuming people.

I suspect, however, that Scotland is less troubled by those who feel the need to impress than parts of the rest of the UK.

Moving to your other point, my vintage Daytona (a 1967 (i think) 6239 for those who know - sadly not a "Paul Newman") was serviced twice and gained less than 3 seconds a day throughout the I had it. It was worn every day for 12 years and never missed a beat. And I sold it for 8 times what I paid for it.

It did what it said on the tin - told the time and had a stopwatch function.

My subsequent s/s Submariner date was worn pretty much daily for six years, never serviced, and never missed a beat. Didn't make me any money (wasn't expected to) but hardly lost me anything either.

I strongly suspect that my current Sea Dweller (always wanted one and had the opportunity recently) will give me just as good reliablity. No, I don't dive, but that's not really the point. I like it, it tells the time and the date, and if I'm ever found 3,999 feet under water (dead, of course) at least my watch will still be working when my wife is given my personal effects

Incidentally, both the Sub and the Sea Dweller were/are accurate to less than 3 or so seconds a week. That's more accurate than my Casio G shock (although Brendan may appear soon and tell you I've been lucky that way )

I have a couple of swatches too, both about as accurate as a BBC weather forecast.

In basic terms I'm still cash positive overall as well. Indulge me here - in very basic terms, that's three (proper - IMO) Rolexes for less than the cost of that Casio

Devildog

Agreed, and they do it with cars as well, but that's not really the point of this thread

PS - My watch is a damn sight more useful to me when I'm climbing a Munro or mountain biking than any boat, hifi or car

Matteeboy

Devildog - Fair enough. Sound reasons for spending a lot - that to me is fine.
Guess Cornwall is similar - no reason to flash the cash about. Other things matter down here and cash flashers are generally viewed as a bit sad.

Anyhow, I prefer the first watch.

Devildog

Amen to that

NACRO

Did you ever think about things from the opposite perspective? ie that the people wearing such expensive timepieces aren't the one's with the problem and it's others that perceive them as flash?

Certainly I don't know anyone who has a nice watch who wears it to impress others about their status. It would be pointless anyway- either people would assume it's a fake or wouldn't notice it in the first place.

I suppose it's the same as a Porsche, buy it and enjoy it for what it is and many people still assume you're some city wideboy trying to show off the size of his bonus rather than a petrolhead who appreciates a well developed product with heritage.

Devildog

Problem is though, that whilst prejudices exist on both sides, there are those that *think* the watch/car/house even will impress and buy them solely for that reason.

Bottom line though, if I was, hypothetically, sitting in *my* 911 GT3RS, wearing *my*10k Patek Phillipe, I wouldn't give a rats *** how many people thought I was a city wideboy

Brendan Hughes

should I change the record?

Matteeboy

Not the same as having a Porsche - they cost a lot but are superior in many ways to cheaper cars.
I'm sure some are bought for the look, but at least they are usually bought because they offer major advantages over lesser vehicles.

I can't say the same for any watch.

Devildog

Mine goes deeper than yours

Brendan, lol, yeah

NACRO

You mean like being worth hundreds if not thousands of pounds more than you paid for it. Not only free but profit making. Seems like a major advantage to me..........

Matteeboy

So why are you not all watch dealers then if it's so "easy?"
If I want to make easy money, I'll buy another boat to mildly do up, and sell that again. Or stop turning away business while we are snowed under.

If you're trying to tell me your average blingy gold Rolex wearer buys his watch to make a profit, then my names Lucifer.

Devil - Apparently both mine go to 200m but:
a)I'll never go that deep even in the biggest of big surf.
b)I think that's actually a "unit" they use to mean "properly waterproof" rather than actually going to 200m.
c)If I was actually diving, I'd get a dive specific watch anyway.

Devildog

Matt, it was a joke, hence the

[Davey]

I'd go with the Chopard GT, toying with buying one myself, but the non chrono black face:

Matteeboy

I know - I forgot to add my own smiley to my post
Also highlighting the fact that a lot of watch makers don't actually "mean" 50m,100m,200m etc - It's a but like a beaufort scale for watches.

50m - splashproof.
100m - can swim with it on.
200m - can surf, dive a bit, etc
More -Huge great watch that can go to the bottom of the Marianas Trench.

I think they just make it up as they go along really

NACRO

This isn't a boat thread, it's about watches remember. When we start one about boats we can talk about making pocket money from them, until that point let's stick to timepieces. I wouldn't suggest anyone is going to make much of a living out of buying and selling watches without a great deal of knowledge. However it is fairly easy to pick the right model of watch and own something that will only increase in value.

Certainly no gold rolex owner is going to make money from them, the right steel sports model however is going to be an appreciating asset as well as a design classic and a piece of art IMO.

Trout

iTrader: (1)

It is hard to believe that you could have missed the point of my post by a wider berth than you have done

Thanks for the lesson in financial management

Brendan Hughes

A new expensive product X is released onto the market.

Specialists acknowledge that this is an excellent quality product.

People with high disposable incomes want that kind of product, ask around, find that X is available and recommended, and buy it. It becomes more visible.

Aspirants (people, not vacuum cleaners) want to look like the HDIs above and so try to buy the same kind of product.

There's various exceptions to that cycle, but I think it's the same with many cars, mobile phones, watches, whatever.

The key thing is to understand that the specialists, the HDIs, and the aspirants are often different groups. If you assume that a specialist is just an aspirant, it's your mistake, not his.

Matteeboy

Ahhh yes but does the aspirant work on a hangover?

Brendan Hughes

Nah, they usually work AS a hangover - give you a dull ache in your skull and occasionally make you want to puke. HTH

Devildog

*sound of dropping penny*

That's why Scoobynet gives me a head ache from time to time