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Thanks, Raymond!
You’re correct: if money were no object we’d all have many more watches!! 🙈 However, my watch fund is not unlimited!
I’ve also been apprehensive about selling my watches for a loss, however, apart from a few exceptions, they’re all depreciating “assists”! No one thinks twice about selling their car for less than they paid, but when it comes to a watch, it hurts knowing you paid a lot more (especially if it’s unworn/mint/etc.!)
I lost money on all of the watches I sold. BUT... the money was lost anyway! The watches were unworn, hidden away. That’s pointless. Better to sell them for “some” money and put that towards a watch you WILL wear.
I’m going to be much more deliberate and considered in any future purchases! My current Omega Moonphase has become an active regret! Recently purchased, mint condition, never worn (stickers still on it!) and already its re-sale value is £2,000 less than RRP. So, I need to decide soon: start wearing it or sell it regardless of the loss (and put that money in the PP / Lange pot...)
One watch collection...? Or two? Or five...!? Collection vs Consolidation?!
Dear all, A few years ago, I caught the bug. When I was at school my mate’s Dad had a TAG and it was the coolest watch I’d ever seen. I told myself that I’d get one some day. Fast forward a few years and I was in a position to go ‘proper’ watch shopping. ...
Welcome here and thanks for such a first post!
Less is more is a motto we are fond of, here. A small but well thought collection is something a lot of people is thinking of. I suggest you take more time, scrolling our pages, the catalogs or web sites of the brands you are considering and you will prob...
Future-proofing.
Hi Amanico, thanks for your comments. All the watches (or variations of), except the 5320, have been on my wrist at some point. I’ve always bought to keep and not flip or sell for profit, but one’s tastes change over time - which happened to most of my pr...
Good point, well made...
I know it’s a “Panerai thing”, to be big, but... I can’t help but like 1392 and 1535!
every man needs a Rolex
but seriously the 5960 is great but it isn t fine in water I d definetly keep that YM blue which is a very versatile piece imho if you want some upgrade replace it w the SkyD t but a proper WR watch is important in any good collection The rest of your que...
Better to regret what you did vs. what you did not...?!
Hi George, Yes - I’ve had buyers regret more than my fair share! Although, I don’t buy on impulse - I always take time to research / visit the boutiques many times... But, I still end up with watches that haven’t held my attentions for very long. This is ...
Welcome, and thanks for a beautifully written account of the road you've traveled as a collector --- I always enjoy reading other collectors' experiences, thoughts and accomplishments! :-)
Regardless of the number of watches (but I have so many that I never use that I should definitely cut on the number too! , I totally share your feeling of improving the quality of a collection. I think it's a great (and in a sense, courageous) step for al...
Welcome and most people like you and me went through this same cycle of collecting...
in the beginning when funds are limited, I tend to buy watches with discounts feeling it’s a great deal. After all these years, I get into a very selective collection because funds are still limited, and I focus on only few brands, namely Omega, Rolex, Pa...
Rate Limiting Step
Thanks, Raymond! You’re correct: if money were no object we’d all have many more watches!! 🙈 However, my watch fund is not unlimited! I’ve also been apprehensive about selling my watches for a loss, however, apart from a few exceptions, they’re all deprec...
I went on a similar journey as well...
It all began with a JLC World Geographic boutique edition in titanium years ago... Like you, I thought I was a happy man. I would wear it every single day... Until I learn more about the watch world. My one watch collection turned into more than 20’s. I s...