Pretty expensive beach watch
But can't say I'm a fan of the transformers looking duo-watch - quite a shame for both of them - better to wear the Rolex in more dressy settings maybe and the AW day2day
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Has your Apple Watch entirely replaced your expensive Swiss watch?
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Pretty expensive beach watch
But can't say I'm a fan of the transformers looking duo-watch - quite a shame for both of them - better to wear the Rolex in more dressy settings maybe and the AW day2day
As time goes on I can see my AW being for activities and gym sessions etc and in the office it would be between the AW and the rest. I wont stop wearing them altogether nor would I ever consider selling them even though I get asked every time the Rolex Daytona's go in for a service as their value has increased dramatically.
Depending on the color combination, it's a stunning watch you have - no need to sell it even though it might take the back seat for a couple of years.
From what the doctor said the watch put pressure on the sheath in my arm that surround the tendon that operates my thumb. He said it was quite common.
Swiss watch makers have nothing to fear over Apple or other brand smart watches. The people who buy Swiss watches, buy them because they are traditionalists. They want a mechanical movement, they want history, they want the exclusivity that well known Swiss brands have. A Swiss watch is a beautifully crafted, mechanical piece of art that no tech company can come close to.
Interesting. I would have never thought of this. But it makes sense.
As a collector with over 60 watches, ranging from $35 Russians to many over $10k swiss & German & Japanese, I just relegated the AW to the drawer.
I found it an annoying hassle. If It want that info I use the phone, which holds its charge far longer.
As mentioned above, it just isn't a watch. It has no character. Watches are one of the few characterful pieces of jewelry that men can wear these days. Sure some folks are seduced just by the flashy prestige of brands that spend big on advertising, but I doubt many would recognise most of mine.
I'm pretty comfortable that my collection will still be running and serviceable in another 50-60 years.
I don't think AW will last until the next new model is announced for most owners.
They are an expression of my mood on any given day. The AW? Its just the same as the other billion out there.
If anything I seem to see the reverse being true. As younger folks progress in their careers and have some spare dollars in their pocket, if they have become used to something on their wrists, then wanting something that is individualistic and characterful will often send them in search of a good mechanical watch .
I found it an annoying hassle. If It want that info I use the phone, which holds its charge far longer.
As mentioned above, it just isn't a watch. It has no character. Watches are one of the few characterful pieces of jewelry that men can wear these days. Sure some folks are seduced just by the flashy prestige of brands that spend big on advertising, but I doubt many would recognise most of mine.
I'm pretty comfortable that my collection will still be running and serviceable in another 50-60 years.
I don't think AW will last until the next new model is announced for most owners.
They are an expression of my mood on any given day. The AW? Its just the same as the other billion out there.
If anything I seem to see the reverse being true. As younger folks progress in their careers and have some spare dollars in their pocket, if they have become used to something on their wrists, then wanting something that is individualistic and characterful will often send them in search of a good mechanical watch .
While I tend to agree, I read more and more that people who own beautiful watches don't use them anymore. They might not sell them, and might not consider the Apple Watch a replacement for their mechanicals, but look at it this way: The Apple Watch might not kill the Swiss, but it could delay peoples purchases a lot or maybe just cancel an upgrade of a mechanical (and make people stick to their AW and current mechanical)... And that alone is a massive threat to the economy of the Swiss producers
You'll likely spend more servicing a decent Swiss watch over the years than simply buying the next generation of Apple Watch.
I adore the functionality of mine; I wouldn't say it lacks character, and half the time I use it unaccompanied by the iPhone for tracking and streaming music.
I adore the functionality of mine; I wouldn't say it lacks character, and half the time I use it unaccompanied by the iPhone for tracking and streaming music.
Nah, I think you're dead wrong
The people who are buying a mall watch - say sub $1k are those that are being swayed by AW and similar
The Swiss Luxury markets problems are much deeper and wider than smartwatches. Folks who will spend in the entry level of luxury the $5k-10k range have seen the costs of these swiss pieces baloon out over the last 5 or so years,
There's been lots of article on this in the watch press and even economics press, but here's an illuminating graph looking at Rolex - someone who have spent squillions on marketing to turn their public perception from a working man's tool watch to the pinnacle of luxury - which it ain't - a nice watch sure, but not a pinnacle of anything
along with huge over-production and over-supply and a blossoming grey-market internet stream that was not significant previously. Add in the slowing economy in China and India - the millionaire factories - who were amongst the biggest markets and that's why the Swiss German and Japanese high-end makers are having trouble, but its is even more complex than that and stems back a few years to arive in a perfect storm. Its a great time to buy a mechanical watch - as long as you don't buy it from an authorised dealer or go newly flipped 2nd hand
I haven't got any expensive watches but I do have a few which cost around the same as a Stainless Steel Apple Watch.
I bought my Apple Watch second hand in September and wore it pretty much exclusively for the first 3 months as I got used to it and explored the features. This month I've started rotating it with my other watches and I'm really enjoying wearing my Swiss, German and Japanese watches again as they are a lot nicer to look at than the fairly bland looking Apple Watch. I think I'll probably be wearing the real watches a lot more over the Xmas holiday when I won't miss the extra functionality as much.
I bought my Apple Watch second hand in September and wore it pretty much exclusively for the first 3 months as I got used to it and explored the features. This month I've started rotating it with my other watches and I'm really enjoying wearing my Swiss, German and Japanese watches again as they are a lot nicer to look at than the fairly bland looking Apple Watch. I think I'll probably be wearing the real watches a lot more over the Xmas holiday when I won't miss the extra functionality as much.
Nah, I think you're dead wrong
The people who are buying a mall watch - say sub $1k are those that are being swayed by AW and similar
The Swiss Luxury markets problems are much deeper and wider than smartwatches. Folks who will spend in the entry level of luxury the $5k-10k range have seen the costs of these swiss pieces baloon out over the last 5 or so years,
There's been lots of article on this in the watch press and even economics press, but here's an illuminating graph looking at Rolex - someone who have spent squillions on marketing to turn their public perception from a working man's tool watch to the pinnacle of luxury - which it ain't - a nice watch sure, but not a pinnacle of anything
along with huge over-production and over-supply and a blossoming grey-market internet stream that was not significant previously. Add in the slowing economy in China and India - the millionaire factories - who were amongst the biggest markets and that's why the Swiss German and Japanese high-end makers are having trouble, but its is even more complex than that and stems back a few years to arive in a perfect storm. Its a great time to buy a mechanical watch - as long as you don't buy it from an authorised dealer or go newly flipped 2nd hand
Never expected my Rolex watches to gain in value, it would have to be a rare one to do that. They just give me pleasure when I wear them but not like they used too. Many days I walk out of the house without a watch and it feels just fine. I like the Apple watch but I found that it's "useful" value is not near a great as I thought it would be.
I think it was about £450 for my last service of 1 Rolex Daytona. Thats yearly too if you want too and I have 2. I don't service my Sub tbh, in fact looking at my pic its not even there so I don't even know where it is? Anyone finds a bi metal Sub let me know please
The AW is a toy tbh, yea they look nice and have some great functions etc but when I go out for the evening etc this wont be on my wrist, well maybe sometimes lol
[doublepost=1481804378][/doublepost]
My first Daytona, the SS one in the pic is a 2009 which cost me £4500 I think when my time came and now I get offered around £9k for it. Considering they tend to sell for around £11k ish atm thats a good investment for a watch. Not sure what my bi metal is worth, not much more than I paid for it I reckon as they easier to buy as in no waiting list.
Modern Rolex watches only need to be serviced every 10 years.I think it was about £450 for my last service of 1 Rolex Daytona. Thats yearly too if you want too and I have 2. I don't service my Sub tbh, in fact looking at my pic its not even there so I don't even know where it is? Anyone finds a bi metal Sub let me know please
My bi metal is a 2013 and has a 5yr guarantee but I didn't realise it only needs it every 10 years. TBH, they normally end up with lots of little micro scratches so Im happy to do it as they come back mint
My bi metal is a 2013 and has a 5yr guarantee but I didn't realise it only needs it every 10 years. TBH, they normally end up with lots of little micro scratches so Im happy to do it as they come back mint
But getting those scratches taken out costs about $40 from a decent independent watchmaker _ not a mall store or a booth, but someone who knows what they are doing.
The only reason they can no longer do the service for you at a fraction of what the factory charge is because Rolex are cutting them off world wide. Still once in 10 years is only if its the only watch you have and wear it every day
So if you have a few, then your spread the wear and extend the service intervals
As to appreciating value, its impossible to predict what model will be the next decade's hot item, most things decline in value
The more iconic the model, the more likely that it will drop the least.
good luck sell a used AW next year, let alone in 5 or 10. Maybe it 20-30 it would be collectible, but given the volume I doubt it would have more than curiosity value.
I think it was about £450 for my last service of 1 Rolex Daytona. Thats yearly too if you want too and I have 2. I don't service my Sub tbh, in fact looking at my pic its not even there so I don't even know where it is? Anyone finds a bi metal Sub let me know please
The AW is a toy tbh, yea they look nice and have some great functions etc but when I go out for the evening etc this wont be on my wrist, well maybe sometimes lol
[doublepost=1481804378][/doublepost]
My first Daytona, the SS one in the pic is a 2009 which cost me £4500 I think when my time came and now I get offered around £9k for it. Considering they tend to sell for around £11k ish atm thats a good investment for a watch. Not sure what my bi metal is worth, not much more than I paid for it I reckon as they easier to buy as in no waiting list.
Yup, you need to be well heeled to afford the cost and service of a top mechanical - they are lovely to look at.
Daytona's have a great history within Rolex and will always increase in value. Everybody and their mothers have a sub. I only got my first sub a couple of years ago on a whim. The ceramic Daytona I want next year has an 8yr waiting list so I will be paying over the odds for it but it will be another investment as it will increase in value just like my SS 09 model.
Im happy to get them done yearly at the factory knowing they will go on and on for many many years to come. Even if not worn I often which the SS one is not it still gets its yearly treatment. Worse case scenario it will be polished to much and I'll need a new bracelet for it but the watch itself will be impeccably maintained which will be appreciated in those years to come, this I have no doubt.
Im just thankful Im in the position Im in to be able to afford such items. Never take anything for granted
Daytona's have a great history within Rolex and will always increase in value. Everybody and their mothers have a sub. I only got my first sub a couple of years ago on a whim. The ceramic Daytona I want next year has an 8yr waiting list so I will be paying over the odds for it but it will be another investment as it will increase in value just like my SS 09 model.
Im happy to get them done yearly at the factory knowing they will go on and on for many many years to come. Even if not worn I often which the SS one is not it still gets its yearly treatment. Worse case scenario it will be polished to much and I'll need a new bracelet for it but the watch itself will be impeccably maintained which will be appreciated in those years to come, this I have no doubt.
Im just thankful Im in the position Im in to be able to afford such items. Never take anything for granted
I think I could be persuaded to swap my Apple Watch 2 for a Daytona but I'm not that well-off yet.
I'm going to experiment with wearing my Maurice Lacroix again for a day or two and see how I feel about it, that, and how much I'll miss the AW.
I lasted a couple of hours with my old mechanical watch.
It was nostalgic for the first few minutes, but it wasn't worth the bother of setting the time and date correctly and then shaking it all around to wind it up. Sad really. I wore it every single day for decades and now it's sitting at home. Been like that for over a year.
I just scored a 38mm which I think will look better. I'll post some pics when I get it.
$480 out the door with the official Milanese band, pretty reasonable. Although I really wanted the silver SS so I will probably keep looking for that and sell this one. The 42mm black SS one I already have will be relegated to gym duty.
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Daytona's have a great history within Rolex and will always increase in value. Everybody and their mothers have a sub. I only got my first sub a couple of years ago on a whim. The ceramic Daytona I want next year has an 8yr waiting list so I will be paying over the odds for it but it will be another investment as it will increase in value just like my SS 09 model.
Im happy to get them done yearly at the factory knowing they will go on and on for many many years to come. Even if not worn I often which the SS one is not it still gets its yearly treatment. Worse case scenario it will be polished to much and I'll need a new bracelet for it but the watch itself will be impeccably maintained which will be appreciated in those years to come, this I have no doubt.
Im just thankful Im in the position Im in to be able to afford such items. Never take anything for granted
The graph I posted from the article is the same for daytona's - here's the daytona breakdown:-
The point of the graph is to show the increase in new purchase price as charged by the manufacturer not its increase in second hand value. The black line is the price set by Rolex. The red line is what that would be in adjusted terms based on the initial price at the time of the models release and increases for inflation & materials R&D.
So in adjusted terms the average US worker could afford 11 Rolexes per year back in the 50's, in today's money the same guy can only afford 6.
The price of second hand Rolexes, the most highly sort after ones at least, is fairly stable at just below the grey market new value which is usually around 20%-40% below the RRP
Its been that way for the last 3-4 years So a second hand Sub is in the $6-7k eange and the new ones is over $10k. Not sure about Daytonas lately, as its not a model I'm chasing after.
Very, very occasionally a historical model will appreciate in value - like the one that Paul Newman made famous, but at the time of its release it was considered ugly and was discontinued. Now its worth a fortune
The concept of getting rich by investing in watches and which models to buy is a very frequent question posed on various watch discussion forums by new members. There's been some great analyses, but basically, while you willhave a saleable asset that will last decades, even generations, it is pretty rare that you'll make money on the deal.
My crystal ball seems to be on the blink, so I'm not sure what the not models will be in the coming decade or two.
And just to be clear, a mechanical watch need only be service in the range of 4-20 years depending upon the brand and the type and frequency of wear. If it is a brand that is supported by skilled independent watch makers, then this fee will be in the order of $200-$500 dollars. If factory it will be more
To judge the value of used AW long term ,just look at the value of used phones, pads and macs from years gone by. The service possibilities? Much like the cheap or mall end of the market - its probably financial sensible to replace it. With a mechanical in the sub $1k range its possible to do service and repairs if you want to keep it for sentimental reasons.
Folks are still repiring and refurbishing antique watches of 50-100-200 years ago.
Longevity and functionality aside, the Luxury aspect of a nice watch and its heritage, craftsmanship and hand-finished dealing is not something that is evident in AW
Its just competing in a totally different market space.