Whats the most you've ever spent on a watch

[576316]

It's responses like this that lead people of means away from sites like this and to places like Netropolitan where condescension from those with less doesn't happen. We really need to be cool with everybody regardless of their place. Some people have more money, some people have less. The fact of the matter is that EVERYONE on this forum could use a Chromebook or Lumia and be just fine. Everyone on this board likes nice stuff and pays Apple extra because it is nice. No different than anything else. People buy the best that they can afford. Some people can afford more, but being an a** does not create a sense of community for all.

Rant off

I respect everything you said in your comment. However, even if I was worth £600bn I would not throw away £29,000 on a watch. Because it would still be a waste of money even then.

You're not gonna change my mind. But I do agree with your comments about accepting different people can afford different things - it's the way the world works.

 

[nfl46]

Probably my 360.

 

[ttmrn]

You spent $29,000 on a watch?! A watch?! There is about a million better things you could have spent that money on. Watches seem like the biggest waste of money ever, to me. You must be rolling in it if you've got that much to spend on a watch, though. I'm sorry but no watch is worth that much money.

No offense, but it appears u have ABSOLUTELY no idea on what u r saying.

I dare say certain watches do appreciate in value over the year.

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Before people go ranting off with what i've said, etc.

Please do some check and balance. Just because you have no business sense, and think you shouldn't spend so much money on watches - that's your opinion.

For those who don't know. I'm letting you people know that there is high RESALE value in certain high end watches.

 

[PowerBook-G5]

You spent $29,000 on a watch?! A watch?! There is about a million better things you could have spent that money on. Watches seem like the biggest waste of money ever, to me. You must be rolling in it if you've got that much to spend on a watch, though. I'm sorry but no watch is worth that much money.

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I think you need to take a good, long look at yourself if you're spending any more than £1,000 on a watch. Because it absolutely is not worth it and you're about to waste a lot of money. I absolutely cannot see the worth of buying an expensive watch. Unless you're very very rich and have money to throw away.

Calm down, it may only be Bill Gates trolling us all. Though I do agree that $29,000 is FAR too much to spend on a watch that could very easily be broken or lost.

 

[rkuo]

Calm down, it may only be Bill Gates trolling us all. Though I do agree that $29,000 is FAR too much to spend on a watch that could very easily be broken or lost.

Everything is relative. For most people, it's too much. For others, it isn't much at all.

 

[HereBeMonsters]

Well I'll say it is obvious the idea that someone with less is commenting. I don't comment, I could spend $29k on a watch or some other crazy item, I think it is crazy that someone would spend $29k on a watch but I think generally someone spending more than $200 on a non-fitness watch is crazy But I generally don't post it. I think people that spend $29k on a watch hang out with other people that will spend $29k on a watch which is why they are spending $29k on a watch in the first place.

Or...perhaps they appreciate fine engineering, intricate detail, heritage and mechanical accuracy?

I'm sure some people will wear an expensive watch for fashion - but you can generally tell these apart from a true great timepiece.

 

[leenak]

Or...perhaps they appreciate fine engineering, intricate detail, heritage and mechanical accuracy?

I'm sure some people will wear an expensive watch for fashion - but you can generally tell these apart from a true great timepiece.

Perhaps... but generally people who I've seen spend lots of money on watches (and other things) generally do it because it is part of a peer group thing.

I mean there are certain things I've bought for myself that no one in my peer group cares about or would really talk about. But I also have a wide ranging peer group so there is also that I don't see a reason to police what people spend money on, they can spend money on whatever they want but that doesn't mean that I wouldn't think some of those purchases are crazy.

 

[bobfitz14]

You spent $29,000 on a watch?! A watch?! There is about a million better things you could have spent that money on. Watches seem like the biggest waste of money ever, to me. You must be rolling in it if you've got that much to spend on a watch, though. I'm sorry but no watch is worth that much money.

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I think you need to take a good, long look at yourself if you're spending any more than £1,000 on a watch. Because it absolutely is not worth it and you're about to waste a lot of money. I absolutely cannot see the worth of buying an expensive watch. Unless you're very very rich and have money to throw away.

The sensitivity of MR members never ceases to amaze me, and my post is admittedly about to become susceptible to that claim (but at least I'll recognize it myself). Why do you care so much what other people do with their money? Where did that max value of £1,000 come from? That is such a baseless claim if you know anything about watches. Even the slightest of knowledge of jewelry itself will give you the chance to realize that watches can be very expensive.

I've never seen an individual so offended by another's expensive purchase. I will agree with you that there are far better things to spend $29,000 on, however I'm not going to agree with anything else you said. I'm 22 and have the fortunate ability to have bought myself multiple Swiss Army watches at around ~$600 a piece, among my other watches I've purchased and have received as gifts over the years. I know you would absolutely refute my spending habits, but that's ok, but damn don't take it so close to home with you. It's my money - not yours!

Yes, everyone is entitled to their own opinion but that does not mean your opinion is valid. I'm going to go ahead and assume that you yourself do not roll in enough money to make that kind of purchase and your envy is becoming quite evident. And that you will also likely not be purchasing an Apple Watch.

 

[576316]

The sensitivity of MR members never ceases to amaze me, and my post is admittedly about to become susceptible to that claim (but at least I'll recognize it myself). Why do you care so much what other people do with their money? Where did that max value of £1,000 come from? That is such a baseless claim if you know anything about watches. Even the slightest of knowledge of jewelry itself will give you the chance to realize that watches can be very expensive.

I've never seen an individual so offended by another's expensive purchase. I will agree with you that there are far better things to spend $29,000 on, however I'm not going to agree with anything else you said. I'm 22 and have the fortunate ability to have bought myself multiple Swiss Army watches at around ~$600 a piece, among my other watches I've purchased and have received as gifts over the years. I know you would absolutely refute my spending habits, but that's ok, but damn don't take it so close to home with you. It's my money - not yours!

Yes, everyone is entitled to their own opinion but that does not mean your opinion is valid. I'm going to go ahead and assume that you yourself do not roll in enough money to make that kind of purchase and your envy is becoming quite evident. And that you will also likely not be purchasing an Apple Watch.

I shall be first in line for an Apple Watch. $29,000 is too much to spend on a watch no matter how wealthy you are.

Thanks for trying.

 

[HereBeMonsters]

I shall be first in line for an Apple Watch. $29,000 is too much to spend on a watch no matter how wealthy you are.

Thanks for trying.

Well, you're in for a shock. Google Richard Mille.

 

[douglasf13]

I shall be first in line for an Apple Watch. $29,000 is too much to spend on a watch no matter how wealthy you are.

Thanks for trying.

$29,000 isn't even all that expensive in the world of watches. It's certainly more than I'd be willing to spend on a watch, but that's pennies to some people. Your "basic," all gold Rolex Submariner is in the same price bracket.

This is male jewelry that we're talking about, and it really isn't any different than women who buy diamonds. There's a lot of wealth out there, and watches in the six figures are common amongst the wealthy.

See here: http://www.therichest.com/luxury/watches-luxury/the-most-expensive-richard-mille-watch-models/

 

[Caromsoft]

$29,000 is too much to spend on a watch no matter how wealthy you are.

here is what some wealthy people made in 2013.

Warren Buffett: $25,694 per minute.

Bill Gates: $23,148 per minute.

Sheldon Adelson: $22,946 per minute.

Jeff Bezos: $22,745 per minute.

Mark Zuckerberg: $21,135 per minute.

Masayoshi Son: $20,732 per minute.

Sergey Brin: $18,719 per minute.

Larry Page: $18,719 per minute.

Lu Chee Woo: $16,706 per minute.

Carl Icahn: $14,492/minute.

From their perspective, a $29,000 watch is like something that you would get out of a 25 cent gumball machine.

 

[leenak]

here is what some wealthy people made in 2013.

Warren Buffett: $25,694 per minute.

Bill Gates: $23,148 per minute.

Sheldon Adelson: $22,946 per minute.

Jeff Bezos: $22,745 per minute.

Mark Zuckerberg: $21,135 per minute.

Masayoshi Son: $20,732 per minute.

Sergey Brin: $18,719 per minute.

Larry Page: $18,719 per minute.

Lu Chee Woo: $16,706 per minute.

Carl Icahn: $14,492/minute.

From their perspective, a $29,000 watch is like something that you would get out of a 25 cent gumball machine.

And doesn't Warren Buffet drive a car worth much less than $29k

 

[AAP8]

I shall be first in line for an Apple Watch. $29,000 is too much to spend on a watch no matter how wealthy you are.

Thanks for trying.

Why buy the Apple Watch when everything that it can do will be able to be done by your phone? Because YOU want to ...

Same can be said of iPhones, iPads, Cars and Clothes ...KMart clothes and Walmart clothes do the same basic task as the stuff at Macy's ... so why do people pay for $50 dollar shirts when $15 dollar ones exist ... because they CAN and WANT to ...

I would say that my Stainless Steel Rolex Submariner which I paid $6500 in 2010 is not for everyone, but Rolex does sell a ton of them each year... the White Gold version I bought earlier this year for $34,000 probably even for less people ... but at the end of the day I have $15,000 in gold + a watch, I did it because I wanted to and because I can afford it ...

Watches are not for everyone ... just like fancy clothes aren't either ... I dress like a slob, and wear a $34,000 watch ... because I want to ... you don't because YOU don't want to ...

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$29,000 isn't even all that expensive in the world of watches. It's certainly more than I'd be willing to spend on a watch, but that's pennies to some people. Your "basic," all gold Rolex Submariner is in the same price bracket.

This is male jewelry that we're talking about, and it really isn't any different than women who buy diamonds. There's a lot of wealth out there, and watches in the six figures are common amongst the wealthy.

See here: http://www.therichest.com/luxury/watches-luxury/the-most-expensive-richard-mille-watch-models/

True ... but the average person on a tech site is probably not on that scale, which is why it brings out all of peoples rage ... On MacRumors, a Rolex is a joke, on the RolexForums the Apple Watch is a joke ... its all perspective.

 

[fortysomegeek]

You spent $29,000 on a watch?! A watch?! There is about a million better things you could have spent that money on. Watches seem like the biggest waste of money ever, to me. You must be rolling in it if you've got that much to spend on a watch, though. I'm sorry but no watch is worth that much money.

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I think you need to take a good, long look at yourself if you're spending any more than £1,000 on a watch. Because it absolutely is not worth it and you're about to waste a lot of money. I absolutely cannot see the worth of buying an expensive watch. Unless you're very very rich and have money to throw away.

and

it amazes me that people will spend on a watch what a car cost. I dont know. Id rather have a car for that much.

My last car was $60K brand new. After 7 years, it is worth $18K.
Every 60-70K car I've purchased drop to 30K after 5 years or sooner.

Now for context, in 1994. I could have bought a Lexus SC400, Range Rover for $60K.
Fast forward to 2014, those two cars on Craigslist fetch for around $2,500-$4,000.

I bought a Rolex GMT for $2200 at that time. The same Rolex, used, cand fetch $4K. Brand new one is $8.5K
I bought an Omega Speedmaster for $1200 that same time. New ones sell for at least $5K (I haven't checked).


Cars drop in value like a rock. Watches drop but slowly plateau as prices rise on new ones due to inflation.
Some actually appreciate over time. All my watches have gone up in price and I can easily sell them more than what I paid them for.

 

[OllyW]

I shall be first in line for an Apple Watch. $29,000 is too much to spend on a watch no matter how wealthy you are.

Thanks for trying.

It's all relative. His $29,000 watch is fairly low end for Patek Philippe, the 175 year anniversary edition watch they released yesterday is a cool $2.6 million.

I think it's really horrible looking but I'm sure all six of them will be immediately snapped up and will be fetching far higher sums at auction in years to come.

 

[leenak]

I bought a Rolex GMT for $2200 at that time. The same Rolex, used, cand fetch $4K. Brand new one is $8.5K
I bought an Omega Speedmaster for $1200 that same time. New ones sell for at least $5K (I haven't checked).

Sure but if you spent $3400 in apple stock in 1994, what would it be worth now? Or even many other investments, how much would they be worth? And given inflation, it may be that $3400 in 1994 may not be much different than the current worth of those watches.

Just because it isn't a loss doesn't make it a great investment

 

[Julien]

Sure but if you spent $3400 in apple stock in 1994, what would it be worth now?....

...and if you would have spent $3400 on MCI stock in 1994 it would be worth $0 today. Hindsight is 20/20 and pointless. People who are collecting watches are doing it as a hobby. They are just pointing out that it's not always a 'pour your money into a bottemless pit' hobby and can even offer some return on investment.

 

[leenak]

...and if you would have spent $3400 on MCI stock in 1994 it would be worth $0 today. Hindsight is 20/20 and pointless. People who are collecting watches are doing it as a hobby. They are just pointing out that it's not always a 'pour your money into a bottemless pit' hobby and can even offer some return on investment.

Yes, I'm aware of a hobby. I was just saying that if people are saying they are buying watches as an investment, it seems like a poor investment.

 

[solo118]

I shall be first in line for an Apple Watch. $29,000 is too much to spend on a watch no matter how wealthy you are.

Thanks for trying.

That is just your opinion. If i had an extra $29k to blow on a personal item I think it would certainly be a watch. It is just a hobby that you would need to appreciate to understand. To most a watch is just something that tells you the time, but to others it is a lost art in an age of computers and robots building everything.

I suppose you may have a hobby that some watch lovers would never spend a penny on

Yes, I'm aware of a hobby. I was just saying that if people are saying they are buying watches as an investment, it seems like a poor investment.

Definitely not a great investment. I will agree with you there, but there are some cases (such as Rolex) that it's as good as cash in the bank. If you bought a Rolex today and sold in 5 years from now you would at least get the money you paid for it if not slightly more.

 

[codymac]

it amazes me that people will spend on a watch what a car cost. I dont know. Id rather have a car for that much.

The two aren't mutually exclusive.

 

[HereBeMonsters]

The two aren't mutually exclusive.

Indeed.

Although, conversely, I can't believe people would spend under $1000 on a car. I'd much rather spend that on a watch!

 

[leenak]

Definitely not a great investment. I will agree with you there, but there are some cases (such as Rolex) that it's as good as cash in the bank. If you bought a Rolex today and sold in 5 years from now you would at least get the money you paid for it if not slightly more.

Except cash in the bank is guaranteed (for a certain amount at least) and can't be lost and can't be broken. And do people pay insurance on their watches through their home insurance? If so, then that'd be even more money spent. We had insured my wedding ring for the first few years I had it because it made me nervous to wear something that was worth more than many cars but then I said screw it, if it gets lost, it gets lost. I never considered it an investment although I'm sure I could sell it for around what we paid for it. And I'd think of rings in general to be more durable than most watches but still it is a sentimental thing, not an investment.

 

[PinkyMacGodess]

It's not about values, it's about knowing what a huge waste of money looks like. Companies will cash in on your ignorance.

Ignorance? I bought a Heuer Carrera self winding watch for $2,600.

Why? Because I know it will (should) outlast me, and two, in a tux or a power suit, I look like I've 'made it'. And it keeps good time too. I know a watch isn't going to make me a better person, or make people like me, but I can *look* like a 5%er, and I love the look of that watch. It resonates with me. I like wearing it... I also have a Tag Formula 1 for normal day-to-day wear and it looks like a brutish watch, and I've dove all around the Caribbean with it.

It's also the 'indestructible sapphire crystal' that shattered after sliding off onto the floor. Tag wouldn't replace it under warranty either. It was less than 6 months old! My fault, but so much for the 'indestructible' watch crystal... I never thought I'd have to baby a dive watch.

 

[HereBeMonsters]

Ignorance? I bought a Heuer Carrera self winding watch for $2,600.

Why? Because I know it will (should) outlast me, and two, in a tux or a power suit, I look like I've 'made it'. And it keeps good time too. I know a watch isn't going to make me a better person, or make people like me, but I can *look* like a 5%er, and I love the look of that watch. It resonates with me. I like wearing it... I also have a Tag Formula 1 for normal day-to-day wear and it looks like a brutish watch, and I've dove all around the Caribbean with it.

It's also the 'indestructible sapphire crystal' that shattered after sliding off onto the floor. Tag wouldn't replace it under warranty either. It was less than 6 months old! My fault, but so much for the 'indestructible' watch crystal... I never thought I'd have to baby a dive watch.

I've never heard of Tag Heuer claiming anything of theirs was "indestructible"? It's well known that sapphire will shatter if subjected to a sharp impact force - especially a heavy watch being dropped onto a hard surface. It's scratch proof, but not as shatter proof as some other substances. That's why Omega Speedmaster Pros were made with hesalite crystals - they scratch much easier, but won't shatter if they get a knock.