As you climb the hedonic treadmill of manly watch addiction, you may arrive where Jonny has landed at the Upscale Watch Island.
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These prices make my wish for the 1,100 Seiko Golgo seem cheap.
Posted by: herculodge | October 11, 2013 at 07:35 AM
I'm sure some will find this controversial, but in the big leagues----I want Rolex in my line-up. I'd go for a Rolex that fits within that budget, and I think it would be an Oyster Perpetual. Also, in the new issue of Car and Driver, toward the front, there is a full page ad for a Tudor watch that has the look of automotive sports----tachometer motif. I would want that one, though I'm not sure of the price. I know there is a myriad of great luxury watch choices out there----but for me, there is a comfort zone with Rolex----a sort of permanent pride of ownership that equates to value in my mind. I think some people have burned out on the look of a classic Rolex because of decades of knock-offs----probably numbering in the millions. But when you pick up a Rolex and put it on your wrist, it's not like the knock-offs, at least not for me. The weight, balance, quality----and in my opinion, the look----give it an edge over the others. If I were forced to spend tall dollars on a watch, that would be the one.
Posted by: Angelo | October 11, 2013 at 08:01 AM
I hear you, Angelo. Rolex are so over-rated that (in some circles) they're underrated. They are really good watches and I'd love owning a Submariner or Daytona. But the problem is the price - they are one of the worst values per dollar because of what Jeff calls the chimera effect. I'd much rather have a Seiko SBDB001, which is about half the price of a Submariner.
Jeff, I'm not buying any of those watches anytime soon. And while its certainly related to the "hedonic treadmill" its also a matter of transforming quantity for quality. I could see owning a threesome like that post in, say, ten years.
For now there are quite a few watches below $1K that I love and would like to own. I wouldn't get serious about a Breitling, that Seiko, Omega, or Kobold until two things happen: 1) I exhaust the <$2K range in terms of watches I really love, and 2) my income goes up and/or I buy only one watch a year or so.
Posted by: jonnybardo | October 11, 2013 at 02:49 PM
Jonny: In one way though, Rolex is a good value. That's resale. I think Mercedes Benz is overrated. But they do hold their value on the used market and according to a couple jewelers I know, Rolex watches hold their value better than most. They tell me they can always sell a Rolex with very little effort, so they're willing to buy them, while they pass on other luxury watches.
Posted by: Angelo | October 11, 2013 at 03:33 PM
True, Angelo. Rolex hold their value like no other watch, as far as I've heard. But in terms of the quality of the watch - the movement, build, design, and finish - the Rolex Submariner isn't really a better watch, as far as I can tell, than the Seiko MarineMaster 300m or the Orient Saturation Diver, yet the Rolex costs $7K+ and the Seiko costs $2K and the Orient $1.5K. That's what you get for reputation.
Posted by: jonnybardo | October 11, 2013 at 05:05 PM