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Patek Philippe: I may have been a little too "cute" with my wording...

I meant that "value" is something that is often times not easy to quantify. And our hobby is a bunch of enthusiasts freely assessing their own value to these objects. That is the beauty of it. I wouldn't want to be in a hobby that strictly determined value by some math formula.
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By: Tavio_George
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Patek Philippe: This is not shocking nor is it unusual.

"Worth" is often times (mistakenly) viewed as the sum of the component parts of a particular item (raw materials, labor, overhead costs, marketing, etc.). And while it definitely plays a role, the reality is that the biggest component of value (in collectibles) is nothing you can easily calculate. A
1M
By: Tavio_George
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