The Collector's Dilemma: When the Next Generation Isn't Into Watches

Clueless_Collector · 2020-08-10T14:19:39Z

Explore the collector's dilemma: what happens to a watch collection if the next generation isn't interested? Insights from WatchProSite members on legacy, value, and enjoyment.

Clueless_Collector's thought-provoking post delves into a question many collectors ponder: what happens to a cherished watch collection if the next generation doesn't share the same passion? This discussion explores the emotional and practical implications of collecting when the traditional 'passing down' narrative may not apply. It challenges collectors to consider their motivations and the ultimate legacy of their horological pursuits.

Then the PP slogan won’t be applicable...will it affect your collection habits? I know this is a different brand but you get the point.

What will happen to your collection trend? Still full speed ahead like no next generation or YOLO mentality?

Hmmm.....maybe someday he’ll still figure out but it’s a generation gap, their priorities and interest are obviously different.

Key Points from the Discussion

Watches, like other heirlooms, can serve as a connection to ancestors, regardless of monetary value. If not cherished for sentimental reasons, they may be converted into new assets.
The sentiment of 'enjoying life while we can' resonates, suggesting that collectors should prioritize their own enjoyment of watches rather than solely focusing on their future disposition.
A common concern among collectors is the potential for their watches to be sold off or undervalued by heirs who lack interest, even if the pieces hold significant personal or market value.
Some collectors express a pragmatic view, stating they wouldn't mind what their children do with the collection after they're gone, leaving the decision entirely to the next generation.
The discussion highlights that while brands are increasing their ladies' watch offerings, this hasn't necessarily translated into greater interest from the younger female generation in collecting.
The idea of watches being discovered as 'new old stock' by future generations at auction houses adds a humorous, yet poignant, perspective on the long-term fate of collections.

The Discussion

K-

K-Lo

Aug 10, 2020

For now just buy what I like, it’s true you do only live once.

Clueless_Collector

Aug 10, 2020

Enjoy first and worry about that later and if I were to sell all, then I will be very selective. Ultimately watches are not a “Must Have” but are “Nice to Have” unless you know, that “thing” is not an object 😉

Passionata_george

Aug 10, 2020

not as much as i do but probably it sbetter for everybody. i ve already allocated my stuff ,if the secondary prices will triple than the plan is cancelled they both get a g shock and Daddy retires NOW.

Thomas_3

Aug 10, 2020

replaced watches in my kid's minds. Once I am gone they are welcome to mine, should they want any. I just hope they don't end up in an estate sale marked "Last day, everything is $5".

Clueless_Collector

Aug 10, 2020

We’re not even touching the investment topic yet, just collecting. Their motto is passing down a family heirloom which of course is related to something precious....maybe not monetary but memories

Clueless_Collector

Aug 10, 2020

You’re a smart Dad looking at your collection, sorry your kids will get a G-shock soon Similarly, I’ll also retired to a nice island by the beach and enjoy with just a few daily beaters. Yup, we can only do this much as parents, provide them with a nice education, upbringings and rest is up to them.

The Collector's Dilemma: When the Next Generation Isn't Into Watches

Key Points from the Discussion

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