Pelle_thorstenson
113
You have once again raised a very interesting question dear Patrick
Oct 30, 2022,17:55 PM
I often find them interesting to think about for a while and when I study the comments they also are food for thoughts. As for me this time you remind me of that when I was a young man I was taught that when everybody tells you to look left it is better to look right.
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Why Do We Automatically Like Things That Are Hard To Get?
By: patrick_y : October 29th, 2022-12:07
Ok. Let's admit it. When there's a long queue out of a restaurant... We assume the food must be reasonably good, right? Same thing with watches... It seems for most people, the longer the wait-list or the line, the more we want the product. So... When it ...
We just don't like to be told "no."
By: patrick_y : October 29th, 2022-12:11
Maybe it starts from our childhood? When our parents told me I can't have that new LEGO set, since I already had a dozen LEGO sets... Maybe it's that kid-in-all-of-us? Now, I just have to have that LEGO. Now, replace LEGO with Rolex.
I think “we” depends…
By: myles721 : October 29th, 2022-12:44
We as Rolex buyers, PP buyers or Omega buyers? I am an Omega enthusiast not a “collector” and as a kickboxer I was pretty competitive. I don’t feel that way about possessions…I bought my Omegas for me…because I use them in many cases for their intended pu...
That's fantastic!
By: patrick_y : October 29th, 2022-15:55
I don't think the vast majority of watch buyers and status seekers share your thoughts though. But here on WPS, I think we do have a big portion of people who buy things because they genuinely like it. Not to flaunt, not to invest, etc. But because we gen...
Exclusivity over rarity
By: Uppersouth : October 29th, 2022-13:22
We often say, “that model is hard to get” or “that’s a waitlisted watch”. We use these phrases because of the inflated grey market influences that have made these models exclusive by “price” or “relationship”, not rarity. If someone sees you wearing said ...
I agree! And you're not a snob!
By: patrick_y : October 29th, 2022-15:57
Thank you for posting your thoughts. I'd say that many of the brands have lost a lot of integrity. But I'd also say that many clients are buying for what I consider the "wrong reasons" and that I can't blame the brands for capitalizing upon those clients....
I think we do.....But....
By: guycord : October 29th, 2022-13:35
I would not buy them.... My current thoughts on the hot watches of the last couple of years….. PP Nautilus 5711. Looks OK but nothing special. I would be proud to wear one but not go out of my way to try and own one. PP Aquanaut 5167. Looks OK but nothing...
Very diametric views...
By: patrick_y : October 29th, 2022-15:59
I'm not the competition neither. I'm buying things that are unpopular. I guess I'm almost a contrarian. But it seems what I choose often becomes popular a few years later. I wonder which pieces I am buying today will one day become the next Nautilus? Hmm....
You're a trendsetter!
By: patrick_y : October 29th, 2022-16:03
You're a trendsetter Amanico. You buy what you like without care for logic. You're one of the few special people who bought a Montblanc Villeret! That makes you a true watch connoisseur! But why do sheep follow other influencers? And why are there so many...
That's a perfect quote!
By: patrick_y : October 29th, 2022-23:49
I especially like "Sheep always want to eat good hay" as that is just so true! I just wished these sheep had more mind of their own. Why do they have to be so obedient and follow the same shepherds.
I love this tread, I really do, so I’m curious to learn the angles our friends will bring to this philosophical question;-)))
By: ZSHSZ : October 29th, 2022-13:59
So here’s my humble view: Since you brought up Rolex, but as of late same phenomenon applies to most luxury items, cars, properties, clothes, restaurants, etc... It’s no secret I like Rolex, primarily because the product, the way they advertise “underprom...
It is indeed an interesting philosophical question...
By: patrick_y : October 29th, 2022-16:06
Why does herd mentality exist? Does everyone else assume that others know better than they do? What's the logic behind herd mentality? Why do consumers feel so warm in herd mentality? Are they buying a product to fit into a club? Are they buying something...
We might regard this 'herd mentality' response as a form of rationality.
By: blau : October 30th, 2022-21:36
Suppose that there are 100 equally intelligent people, who've each had an equal chance at prior research, each choosing between two options, A and B. But they get to choose one after another, and observe one another's choices. I would feel I was in a much...
Spot on, spot on, spot on…this is Marketing at its best…
By: Clueless_Collector : October 29th, 2022-14:18
Creating that sense of scarcity, hard to come by and making you feel you’re super lucky. I see too many posts in forums now with ppl say “Got the call!” Such techniques has influenced a lot of interest and businesses, helped grow the secondary market and ...
We shall see!
By: patrick_y : October 29th, 2022-16:09
Agreed. Marketing at its best. But at what point do I say to those marketing companies, "I'm no longer a sheep, I want to make my own decision without outside influences?" Why aren't people doing that more often. We don't wear the same clothes... Yet why ...
There are also a lot of “emperor’s new clothes” phenomenon going on…
By: Clueless_Collector : October 29th, 2022-17:00
Lots of watch models that were ugly ducklings in the eyes of people back then suddenly becoming beautiful as hell 😅 I’m a conservative collector and I’m sticking to conventional brands/models to find watches that fills my collection voids.
A good strategy!
By: patrick_y : October 29th, 2022-23:45
And well said. Emperor's New Clothes is a perfect descriptor for today's frenzy. And all those people peddling NFTs and Blockchain are often selling snake oil too.
Not Me
By: gqmagic : October 29th, 2022-16:11
I'm happy to say I liked the Nautilus line when they were only somewhat hard to get, and when called still had a nice % off attached. I'm glad I got them when I did and they were affordable, before Instagram, and the price craze came along. But yes I see ...
Yup... Why?
By: patrick_y : October 29th, 2022-16:16
Why will someone pay so much money for such a watch? Why? And I too am glad I got the Nautilus when I did. A little sad I didn't get the Royal Oak when I had the opportunity. Since I always liked it. But I'll live. But for that many people to all be wanti...
I know from a very reliable source
By: penfriend : October 29th, 2022-17:04
that the Louis Vuitton store in my town pays people to queue when the queue is not long enough. Silly world this is with too much dumb money floating around. I personally purchase watches I like and love regardless of the brand; but tbh I prefer the times...
Amazing!
By: patrick_y : October 30th, 2022-12:09
I have heard that the secret to a new restaurant is to...
By: mdg : October 29th, 2022-18:05
...limit the number of tables and always have a line outside, even if it's just your friends. There are a lot of lines in Tokyo for shops and food. We always joked that if there was a line then whatever it was must be good : )
You're right! So let me be the first to confess!
By: patrick_y : October 29th, 2022-23:43
I have to admit, the past couple of years I've bought some products in a rushed decision due to the fact that I wasn't sure I was able to get it if I said no. And I realized, I bought watches I didn't love. And now I've got an even bigger horde of things ...
A very good point you made there!
By: patrick_y : October 30th, 2022-03:19
I might've actually refused it. That color is just so unattractive to me, that I probably would've said no. And if I had said yes, I would've had to buy a lot clothes to make me look good while wearing it. I will admit, there was once an Art Deco looking ...
I'll have to show you a picture of those Turquoise pants one day.
By: patrick_y : October 30th, 2022-08:46
I'd probably be able to wear that strange color dial. But honestly, I'm not crazy about it. Then again, to say no when offered... That'd be almost a little rude to say no when offered something so special. So you're right, I'm not 100% certain I'd say no ...
😂😂😂❤️❤️😘🥂
By: FabR : October 30th, 2022-13:01
Interesting discussion
By: bobernet : October 30th, 2022-00:47
If anything, I was guilty of the opposite early on in my watch collecting. I bought, not rare, but “iconic” watches that everyone liked and were easy to get. One each from AP, PP, VC. Speedmaster, Reverso, Rolex, etc, in pursuit of a well-rounded collecti...
Well said!
By: patrick_y : October 30th, 2022-03:13
Thank you for sharing your thoughts. Unfortunately, those iconic watches from those brands are definitely becoming more and more recognizable in major cities across the globe. Even in the United States. All I can say is be careful! Lots of crimes surround...
I like the Daytona, but...
By: Kurt Behm : October 30th, 2022-03:46
I still feel the same way I felt the first time (many years ago) I saw the Nautilus...UGLY WATCH. The only thing uglier (IMHO) is the Aquanaut. At my age, I don't stand or wait in line...Life's Too Short. I've had kind of the opposite experience. When I b...
You were definitely a trendsetter...
By: patrick_y : October 30th, 2022-03:58
I was the same way. When I first saw the Nautilus watch as a teenager, I thought, "what a strange watch, it's got ears." And then one day, I tried one on, already biased that I wouldn't like it, and then I realized I liked it - it was a weird looking thin...
I totally agree... the only thing that matters is if you like it.
By: Kurt Behm : October 30th, 2022-04:18
Right now I'm wearing a watch a lot of people don't like, and find unattractive, a Linde Werdelin Oktopus II Big Date. I actually have two... long story. I love it and that's all that matters...to me. I love the Lange you reference. I wish I still had my ...
There is a strong following of people who like LW timepieces!
By: patrick_y : October 30th, 2022-08:33
Last month in NYC, I met a group of people who were adamant that I should try a LW timepiece. I still haven't, but there are definitely some devout fans! Double Split! You certainly like your watches big!
Thanks Patrick...
By: Kurt Behm : October 30th, 2022-14:43
Yes, my sport watches big and my dress watches small.
Thank you for your kind words! We try our best!
By: patrick_y : October 30th, 2022-08:41
We try our best to avoid discussing the subject about values and investment. And we try to stick to true appreciation and a slight technical inclination for watches. And people do line up for Air Kings nowadays!
Well said...
By: patrick_y : October 30th, 2022-08:39
"The watch chooses me rather than the other way around." Well said! It's a different time! So many people were thinking this is their only chance to own something special. You only live once. You could die of COVID tomorrow. Etc. People who made some mone...
You are very right!
By: patrick_y : October 30th, 2022-09:42
With the wealth we have, we could re-prioritize it to solve other problems. With the military defense budget of most countries, we could probably solve world hunger many times over. We'd probably create a lot of inflation though - if everyone became somew...
You're right!
By: patrick_y : October 31st, 2022-10:08
I just read a book politics. We all know about the politics of governments but we sometimes forget (at least I forgot) that there's another section about the politics of military and how military budgets are fought back and forth by generals who differ on...
You have once again raised a very interesting question dear Patrick
By: Pelle_thorstenson : October 30th, 2022-17:55
I often find them interesting to think about for a while and when I study the comments they also are food for thoughts. As for me this time you remind me of that when I was a young man I was taught that when everybody tells you to look left it is better t...
You're a wise man...
By: patrick_y : October 31st, 2022-10:12
It is indeed sometimes the correct strategy to be a contrarian in certain cases. While the world is obsessed with Daytonas and Nautiluses; maybe I should go buy some really special one-of-a-kind pieces which definitely have more intrinsic value in the lon...
Exactly!
By: MilDiver : October 31st, 2022-07:44
You forgot to add the moon swatch
You are definitely onto something!
By: patrick_y : October 31st, 2022-10:13
You're right! People want the "hot" things just so they can say they have it. And it does indeed poison the hobby.
Great post and feedbacks.
By: MilDiver : October 31st, 2022-07:50
One more point if I may add is the fact that these are considered "parking lots" for money. I see so many "added to the collection" watches that in other times no one would buy just because its hard to get and keeps the money. Just as an example look at t...
You bring up a HUGELY good point!
By: patrick_y : October 31st, 2022-10:02
Yes. Watch collecting is easy entry and easy exit. You can buy some watches. And you can sell some watches. The barriers to selling aren't that difficult neither. Very good point. We're all going to get hurt from these people who leave now... Fortunately ...
You’re correct :-)
By: MilDiver : October 31st, 2022-10:59
I’ve been into the hobby long enough, and, unlike an investment, for me I just felt lucky if I was able to bring home lets say 75% of what I paid (if I wanted to sell something).. . I see the current “new” market situation as an opportunity for us members...
Hopefully!
By: patrick_y : October 31st, 2022-11:04
Would love to see availability go back to normal!
By: jape : November 6th, 2022-22:21
Well put together. If these items would lose 10% of the value when walked out the door then everybody can figure out the rest. People always want what they can't get and it will never change.