When you get old and die what happens to your watches?
Discussion
Obviously a will etc.
However, I wonder who will have the slightest interest in a lot of the stuff I own, such as watches and worse, very expensive cufflinks.
I am very sure that my son will never wear a dress watch, a gold watch, or even a watch that has lost fashion. The same applies to cars and other stuff. I look at all the stuff I now and it all seems irrelevant to the future.
I suppose the thing to do is to sell as much as possible when it has no more personal satisfaction to me.
Assuming that you are not about the inherit the baronial pile that was in your family since 1100, what do your nearest and dearest do?.A lot of this stuff will be sort of quaint and a nuisance to own. There will be collectors I suppose and the executor will just dispose of it.
However, I wonder who will have the slightest interest in a lot of the stuff I own, such as watches and worse, very expensive cufflinks.
I am very sure that my son will never wear a dress watch, a gold watch, or even a watch that has lost fashion. The same applies to cars and other stuff. I look at all the stuff I now and it all seems irrelevant to the future.
I suppose the thing to do is to sell as much as possible when it has no more personal satisfaction to me.
Assuming that you are not about the inherit the baronial pile that was in your family since 1100, what do your nearest and dearest do?.A lot of this stuff will be sort of quaint and a nuisance to own. There will be collectors I suppose and the executor will just dispose of it.
I don’t expect me family to have any sentimental value in the trinkets I have collected in life. I don’t want a shrine to h0b0 set up in my memory. I’m much more practical than that.
But, my family do know which things have financial value so they would know how to sell them intelligently and they are free to use the proceeds to buy what they want. I’d much rather my kid get a house or car than be stuck with a few watches in a cupboard.
Having said all that, you can adopt me and pass on your Legacy. (Just to make sure there’s no doubt, when I say Legacy I don’t mean Subaru, I mean gt3s)
But, my family do know which things have financial value so they would know how to sell them intelligently and they are free to use the proceeds to buy what they want. I’d much rather my kid get a house or car than be stuck with a few watches in a cupboard.
Having said all that, you can adopt me and pass on your Legacy. (Just to make sure there’s no doubt, when I say Legacy I don’t mean Subaru, I mean gt3s)
The world was once full of pocket watches, only a few eccentrics use them today.
Some are probably in collections, a few gather dust in lofts as they hold sentimental value but I'd wager that most have been scrapped.
Don't see why things would be that much different for wrist watches.
My dad has the simple version of it as his watches will come to me and I love watches.
In my case, whilst my will currently leaves my watches to my dad, if he died first then i don't have any children of my own to leave them to. But i don't see that as an issue. Take my grandfather's watch as an example. He died around 30 years ago and only had one child, my mum. Unsurprisingly she wasn't too interested in wearing a 1970s men's gold Longines watch, but she liked the sentimental value of it anyway. Then I became interested in watches so she had someone to pass it onto that would appreciate it. So even if you don't know now who might appreciate it right now, someone likely will down the line.
I also think reports of the death of the mechanical watch are greatly exaggerated. We've had the quartz crises, mobile phones, smart watches, indeed the whole digital age and the mechanical watch industry looks to be in a good place to me. I wouldn't be surprised if, given the increasing digitisation of the world, mechanical watches aren't seen as increasingly interesting items to inherit by the next generation, rather than shunned.
In my case, whilst my will currently leaves my watches to my dad, if he died first then i don't have any children of my own to leave them to. But i don't see that as an issue. Take my grandfather's watch as an example. He died around 30 years ago and only had one child, my mum. Unsurprisingly she wasn't too interested in wearing a 1970s men's gold Longines watch, but she liked the sentimental value of it anyway. Then I became interested in watches so she had someone to pass it onto that would appreciate it. So even if you don't know now who might appreciate it right now, someone likely will down the line.
I also think reports of the death of the mechanical watch are greatly exaggerated. We've had the quartz crises, mobile phones, smart watches, indeed the whole digital age and the mechanical watch industry looks to be in a good place to me. I wouldn't be surprised if, given the increasing digitisation of the world, mechanical watches aren't seen as increasingly interesting items to inherit by the next generation, rather than shunned.
My watches will go to my sons, as listed in my will.
I know this is really silly but when my late dad was installing a tv aerial in the loft he twisted the coax together and wrapped it with masking tape. (He died in 1982), I replaced the aerial and the cable a few years ago I cut out the joined piece and still have it.
I'll probably do the same as Andy. Sell or give away most of them, keep maybe 3 or 4 and then either bequeath them to someone who I know would like them, or else they'll just form part of my estate.
I collect quite a few different things and I will take the same approach in those areas too.
I collect quite a few different things and I will take the same approach in those areas too.
Caddyshack said:
Hopefully all ok...I do find it odd when someone starts a thread and then you hardly hear from them on it.
Sorry !...was a bit tied up with some immediate business issues I had to solve. No, I am (to my knowledge) in imminent danger of shedding off the mortal coil, but at 72 by definition the runway is shorter.Of course I have a will for the important stuff but the other things are just not even listed..just as " all other personal items.
Only a few watches but reasonably nice, plus a bunch of cars, some reasonably nice also.
Was more curious as to how people got rid of or willed such items. I will at some stage not be driving performance cars, and watches are really jewellery. All really toys. I am thinking to simply offer some of the items to my son and if he wants them ,fine. Else just sell it off.
RDMcG said:
Caddyshack said:
Hopefully all ok...I do find it odd when someone starts a thread and then you hardly hear from them on it.
Sorry !...was a bit tied up with some immediate business issues I had to solve. No, I am (to my knowledge) in imminent danger of shedding off the mortal coil, but at 72 by definition the runway is shorter.Of course I have a will for the important stuff but the other things are just not even listed..just as " all other personal items.
Only a few watches but reasonably nice, plus a bunch of cars, some reasonably nice also.
Was more curious as to how people got rid of or willed such items. I will at some stage not be driving performance cars, and watches are really jewellery. All really toys. I am thinking to simply offer some of the items to my son and if he wants them ,fine. Else just sell it off.
Sounds like your son will be very lucky to have the choice....much better to see someone enjoy it in my opinion.
Caddyshack said:
Glad to hear you are still around!
Sounds like your son will be very lucky to have the choice....much better to see someone enjoy it in my opinion.
Not his thing, but fair enough..he drives a 25 year old Land Rover shed and does not get cars or watches or the likeSounds like your son will be very lucky to have the choice....much better to see someone enjoy it in my opinion.
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