Semantics behind purchasing expensive watches...

Semantics behind purchasing expensive watches...

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Number 8

Original Poster:

87 posts

194 months

Tuesday 17th August 2010
quotequote all
Hello,

Ok, so I was dragged into a healthy debate with a colleague about buying and wearing expensive watches (i.e. watches £1k+) and I wanted to see what others on here thought:

Are watches bought to satisy the conspicuous consumption theory? If you really ask yourself deep down, do you wear an expensive watch because you want people to know that you're wearing an expensive watch. I'm sure all of us get a little warm feeling inside when someone makes a comment along the lines of "is that a real 'x'?" and you get to respond with a blasé, but slightly smug and hushed "yes".


CommanderJameson

22,096 posts

227 months

Tuesday 17th August 2010
quotequote all
There's a bit of that, yes.

I have a quite shameful and unreasonable smug moment when I see the chap who drinks in my local, an Omega PO chrono on his wrist...

...that's quartz.

I mostly buy watches for me, though.

andy_s

19,413 posts

260 months

Tuesday 17th August 2010
quotequote all
The more you get into them the more you appreciate watches in all prices bands. I'd comment if I saw a mate with a Seiko 5, CWC, Stowa, Sinn, old Universal Geneve or JLC Reverso (as examples only!) - totally independently of price and just because they are all good examples of their type, have obviously been the result of an informed decision and I'd just want a good look anyway.

dustybottoms

512 posts

196 months

Tuesday 17th August 2010
quotequote all
For me I like watches, always have since I was a child. I don't know why or where it started as my dad isn't interested at all. But even as a kid I always used to say that if I was very rich I would collect watches.
So owning and buying watches is just a way of fuelling this passion for me.

I don't just like expensive watches, I like any watch including fashion brands as long as the looks and function of it appeal to me and the price reflects the quality as I see it.

Regards what others think has no bearing on me as most people I come in to contact with day to day have no interest in watches at all. I have probably only met two people who were remotely interested.






Edited by dustybottoms on Tuesday 17th August 12:35

Tiggsy

10,261 posts

253 months

Tuesday 17th August 2010
quotequote all
Number 8 said:
Hello,

Ok, so I was dragged into a healthy debate with a colleague about buying and wearing expensive watches (i.e. watches £1k+) and I wanted to see what others on here thought:

Are watches bought to satisy the conspicuous consumption theory? If you really ask yourself deep down, do you wear an expensive watch because you want people to know that you're wearing an expensive watch. I'm sure all of us get a little warm feeling inside when someone makes a comment along the lines of "is that a real 'x'?" and you get to respond with a blasé, but slightly smug and hushed "yes".
of course.

Podie

46,630 posts

276 months

Tuesday 17th August 2010
quotequote all
I go for watches that I like.

I've had comments from people "in the know" that "it's only a quartz" or "it's only an ETA movement in a fancy case" - woo, couldn't give a flying. I bought it because I like it.

blueg33

36,092 posts

225 months

Tuesday 17th August 2010
quotequote all
Podie said:
I go for watches that I like.

I've had comments from people "in the know" that "it's only a quartz" or "it's only an ETA movement in a fancy case" - woo, couldn't give a flying. I bought it because I like it.
You need to post that in the Replica watches thread!

Podie

46,630 posts

276 months

Tuesday 17th August 2010
quotequote all
blueg33 said:
Podie said:
I go for watches that I like.

I've had comments from people "in the know" that "it's only a quartz" or "it's only an ETA movement in a fancy case" - woo, couldn't give a flying. I bought it because I like it.
You need to post that in the Replica watches thread!
hehe

Animal

5,258 posts

269 months

Tuesday 17th August 2010
quotequote all
I couldn't care less whether people notice or not, I've bought all of my watches because I liked them (I didn't even canvass opinion from SWMBO!). I think I'd actually be embarassed of someone fawning over a watch of mine, although obviously if it were someone who was a fan like me then I think I'd act differently.

Gazzab

21,112 posts

283 months

Tuesday 17th August 2010
quotequote all
Wine, whisky, cigars, cars, bicycles, shoes, suits, luggage, pens etc all fall into the same argument. I don't appreciate pens or whisky and wouldn't pay to buy into those.

Miguel Alvarez

4,944 posts

171 months

Tuesday 17th August 2010
quotequote all
I have lots of reasons. I think price is a major contributor. Not necessarily to be a show off, but I was conditioned by my mother that if I pay cheap I pay twice. With that in mind I tend to think along the lines of do I buy several cheap watches or one decent one that costs the same as the cheaper ones combined?

Off the back of that. I then tend to look at things based on how sturdy they are, how renowned the company is, how long they've been in existence. How long has that model been on the market etc etc

Which then leads you onto what inevitably is the more expensive of the market. I know things go wrong with Rolex's, Breitling's, etc but as a rule you tend to hear of people who have had these watches for years and years with little to no problems.

I'm the sort of person who likes to know a bit about what I'm wearing, buying, eating, listening to so like to do a bit of a research. Nowadays I'd be happy with a cheaper watch providing it would be something that would last the test of time. I'm very interested in a Sinn for this reason (not that cheap I know) but its a bit down the priority and want lists at the moment.


douglasr

1,092 posts

273 months

Tuesday 17th August 2010
quotequote all
The first decent watch I had was a Seiko Kinetic that my girlfriend (now my wife) bought me for my 30th. Way back then, the kinetic models were not that long out and it cost about £300 IIRC.
I wore that watch virtually all the time, but had a few other like G-shock, Skagen etc.
I really got into watches when my wife asked me what I wanted for my 40th - "an Omega Seamaster Automatic" I replied and that's what she got me. I love that watch and really appreciate the weight, build and the accuracy of its movement.

Since then I've bought a Seiko Honda F1 Racing quartz which until recently was my Mon-Fri and an Oris Diver Date which is my new Mon-Fri (and punches above its £800 price tag imho).

I prefer mechanical movements from an engineering perspective and feel rightly or wrongly that I get more for my money than buying a quartz - you need to spend a bit more for a decent mechanical watch though (Christopher Ward and some of the german and Russian brands being the exception)

I will buy more (I fancy a Breitling one day), but I need to resist...

Tiggsy

10,261 posts

253 months

Tuesday 17th August 2010
quotequote all
Miguel Alvarez said:
I have lots of reasons. I think price is a major contributor. Not necessarily to be a show off, but I was conditioned by my mother that if I pay cheap I pay twice. With that in mind I tend to think along the lines of do I buy several cheap watches or one decent one that costs the same as the cheaper ones combined?
That doesn't really follow though - with a high end watch you are buying jewellery. My G Shock could easily out live my Omega yet costs a fraction because it is primarily a watch, an Omega is primarily a bit of jewellery - in fact, i have it on today and the date is wrong because i did wear it over the weekend...sums it all up!

Miguel Alvarez

4,944 posts

171 months

Tuesday 17th August 2010
quotequote all
Tiggsy said:
Miguel Alvarez said:
I have lots of reasons. I think price is a major contributor. Not necessarily to be a show off, but I was conditioned by my mother that if I pay cheap I pay twice. With that in mind I tend to think along the lines of do I buy several cheap watches or one decent one that costs the same as the cheaper ones combined?
That doesn't really follow though - with a high end watch you are buying jewellery. My G Shock could easily out live my Omega yet costs a fraction because it is primarily a watch, an Omega is primarily a bit of jewellery - in fact, i have it on today and the date is wrong because i did wear it over the weekend...sums it all up!
A G-Shock was one of the first watches I bought as it goes with my own money.

But going off of what you said that these watches are jewellery. Even jewellery comes in different qualities. You can't really compare a G-Shock to an Omega (well you can) but I'd compare an Omega to a fashion watch like Boss, or Gucci and in that sense I'd see the Omega as something that would last longer than the Boss or Gucci etc.


douglasr

1,092 posts

273 months

Tuesday 17th August 2010
quotequote all
Tiggsy said:
Miguel Alvarez said:
I have lots of reasons. I think price is a major contributor. Not necessarily to be a show off, but I was conditioned by my mother that if I pay cheap I pay twice. With that in mind I tend to think along the lines of do I buy several cheap watches or one decent one that costs the same as the cheaper ones combined?
That doesn't really follow though - with a high end watch you are buying jewellery. My G Shock could easily out live my Omega yet costs a fraction because it is primarily a watch, an Omega is primarily a bit of jewellery - in fact, i have it on today and the date is wrong because i did wear it over the weekend...sums it all up!
I don't agreee that high end watches are just jewellery. Many of them are well engineered and made with great attention to detail.
My G-shock still tells the time and changes the date depending on the month/year but the straps broken so its in a drawer. My Omega will last many years and unlike cheaper watches can be sent back and refurbished (for a price), rather than replaced. Its also gives me a lot of pleasure wearing it. If I wanted a watch that was virtually intervention / maintenence free, I would have replaced the strap on my Casio.

LukeBird

17,170 posts

210 months

Tuesday 17th August 2010
quotequote all
Tiggsy said:
That doesn't really follow though - with a high end watch you are buying jewellery. My G Shock could easily out live my Omega yet costs a fraction because it is primarily a watch, an Omega is primarily a bit of jewellery - in fact, i have it on today and the date is wrong because i did wear it over the weekend...sums it all up!
Up to a point you're correct, but the Omega is designed for a purpose, even if you don't use it for that.
Getting a divers' rated 300m with a HEV does take some expertise and money!

Regardless, I find digitals 'cold' and would sooner have a quartz over one. Or even better, a hummer...!

With regards to the OPs point, yes it is nice when someone notices what you're wearing. I'm not interested if they only recognise the watch as 'expensive' though; if they're interested then I'm happy to chat with them and ask what they were etc. But if their only interest is noticing it because I've spent money then I will quickly switch off!

I bought my watches for me, so there is a variety of them and who they are made by, what price points they fit into and what they're designed function is (divers' etc.) and that's what makes me buy them.
I buy on their movements as well, my Omega Constellation Hummer is a perfect case in point; not a particularly expensive watch but I love it for being different! smile

ShadownINja

76,470 posts

283 months

Tuesday 17th August 2010
quotequote all
douglasr said:
My Omega will last many years and unlike cheaper watches can be sent back and refurbished (for a price), rather than replaced.
http://www.youtube.com/watch?v=PHgu4en2pgw

Pesty

42,655 posts

257 months

Tuesday 17th August 2010
quotequote all
Number 8 said:
Hello,

Ok, so I was dragged into a healthy debate with a colleague about buying and wearing expensive watches (i.e. watches £1k+) and I wanted to see what others on here thought:

Are watches bought to satisy the conspicuous consumption theory? If you really ask yourself deep down, do you wear an expensive watch because you want people to know that you're wearing an expensive watch.
I have over £10k worth of watches if you go by RRP.

unless you were a watch fan you would not have a clue.
My most expensive watch is an Anonimo, I have sinn, Glycine and Zeno watches most people have never even heard of them and are usualy shocked when I tell them how much they cost when they ask.
They are shocked because they only typically know brands like Rolex and Omega.

So to answer question not only do I not buy watches to show off I actualy look for less conspicuous watches in teh first place.

Having said that I am sure at some point I may well buy a Rolex but it will not be for anybody elses befefit but my own because I like sea dwellers. On the other hand if I ever get that much money to spend on a watch I will probably buy a Glassutte Original or a Zenith or maybe a Panerai not to show but just because I like them.

Same with cars if I could afford a Lamborghini I would buy one. Not to say look how rich I am but because I want one.

ShadownINja

76,470 posts

283 months

Tuesday 17th August 2010
quotequote all
I just own watches I like the look of. I am currently wearing a Shark quartz that someone gave me just because I feel like wearing it.

Tiggsy

10,261 posts

253 months

Tuesday 17th August 2010
quotequote all
Pesty said:
Number 8 said:
Hello,

Ok, so I was dragged into a healthy debate with a colleague about buying and wearing expensive watches (i.e. watches £1k+) and I wanted to see what others on here thought:

Are watches bought to satisy the conspicuous consumption theory? If you really ask yourself deep down, do you wear an expensive watch because you want people to know that you're wearing an expensive watch.
I have over £10k worth of watches if you go by RRP.

unless you were a watch fan you would not have a clue.
My most expensive watch is an Anonimo, I have sinn, Glycine and Zeno watches most people have never even heard of them and are usualy shocked when I tell them how much they cost when they ask.
They are shocked because they only typically know brands like Rolex and Omega.

So to answer question not only do I not buy watches to show off I actualy look for less conspicuous watches in teh first place.

Having said that I am sure at some point I may well buy a Rolex but it will not be for anybody elses befefit but my own because I like sea dwellers. On the other hand if I ever get that much money to spend on a watch I will probably buy a Glassutte Original or a Zenith or maybe a Panerai not to show but just because I like them.

Same with cars if I could afford a Lamborghini I would buy one. Not to say look how rich I am but because I want one.
Some on comparisons being used here - a Lambo does things a normal car cant...or does them to a much higher standard. If a Lambo looked similar to a ford focus, only went slower...but was handcrafted by a Swiss genius - they wouldnt sell many!

The point with a watch is that it's jewellery at that price. Thats why people get confused...they think "why have a £2k watch" but if they saw a nice ring or ear rings on a woman they wouldn't ask the same (they may think it's a daft amount to spend still)