forum threadthe-press-box posted Dec 13, 2023 10:59 PM
Item 1 of 3
Item 1 of 3
forum threadthe-press-box posted Dec 13, 2023 10:59 PM
OMEGA Seamaster Railmaster Brushed Grey Dial Automatic Men's Watch $2675 + Free Shipping
$2,675
$3,100
13% offJomaShop
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As to why someone would pay this much money on a watch that is seemingly no different than the usual $300 Citizen?
1. No one needs watches anymore. Fine watches like an Omega or a Rolex are jewelry, luxury items. The "intrinsic value" is in the fine finishing, exclusivity, brand heritages, workmanship, extremely high quality control...So you simply cannot judge goods like these on "intrinsic value", much like you can't judge why a painting is worth thousands if not much more.
2. Most "department store" watches like Citizen, Fossil...are mass-produced with highly automated, industrial scale production. Very minimal human involvement. Higher grade watches like Rolex, Patek, Omega, IWC...are also partially mass-produced but they involve skills of highly trained watchmakers, with very high human quality control standards. It may surprise you, but many Citizens are also automatic/mechanical, and in the thousands of dollars range.
3. When you are really interested/passionate in something, the value of money spent becomes a lot less important. You start paying attention to details that non-hobbyists will never do. Does a $500 golf club plays 10 times better than a $50 generic club at a generic sports store? Hell no. But people happily spend that money.
4. These watches are for niche audience: hobbyists, high income individuals, and/or people who seek status symbols (also frowned upon by true hobbyists). To a person making $50K a year, sure a $2,500 watch is a chunky of money. But to people making $200-300K or more, it becomes much less so to them.
5. These watches can be enjoyed for years if not decades. To many people, this enjoyment spreading over such a long time, is quite reasonable. A $3,000 watch that gives joy to me for 10 years, is much more reasonable than a $200-300 watch that I get bored of in a year.
This is just barely scratching the surface of watch collecting. But it is common knowledge when it comes to hobbies (the definition of non-essentials). I don't know what hobbies you are into, but I am sure that there are alternatives that are 10 times more than the generic grade, and you would gladly spend. Like you, several years ago I wouldn't understand why people spend $10K on a leather bag, or $200K on a car. But as I live and learn, I come to understand and not judge people's preferences. There's a reason why luxury goods have been doing so well, and have been in existence since the beginning of time. I hope you understand now.
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These are luxury items. Same as LV bags yadda yadda. If you don't get it...cool. Definitely, unequivocally not for you.
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