doubleup
2659
Great points, I would have loved to have talked about watches instead of widgets..
in all those econ classes. All very good points, I think it all comes down to the value is in the eye of the beholder. 99% of the people I talk about watches with roll their eyes and say they "just don't get it" I don't take offence it is ignorance, not in a bad way it just is. Exactly how I was no more than 3 or 4 years ago.
I was a little shocked when I first saw the RM011 in Robb Report and then looked up th price. It intrigued me more to find out, why? Why are these pieces so much? (relative to other watches) Maybe the negative press will intrigue others to find out why and in doing so who knows, they may be an IWS in no time! I agree negative press is good press, any press is. A serious watch collector gets it. RM's point was not to try and get the person who knows nothing or little about watches to go out and spend that kind of money, the (advertising) market is extremely limited to buyers who can and will spend that kind of money, but the good news is, so is the watch production. Great topic- Ben
RM seems to have a stigma...
By: efftee : June 8th, 2010-00:14
...of utter extravagance about it. Maybe it's the prices or marketing ploys. I'm no expert in exotic materials or watch design to say much but I do like its concept and looks. $500K for a watch is quite vulgar but considering there are people who spend up...
All excellent points....
By: 219 : June 8th, 2010-01:12
We are fortunate in that we can chose where to spend our money. For some its wine: you drink it and its gone (pissed away!); for some it is art, but then anyone can paint like Pollock - right? For others, it is yachts, cars, hardcore drugs, you name it, i...
Yes, ignorance is bliss.
By: VMM : June 8th, 2010-14:09
Well said. I think it's all about respect, respect to the people developing, creating, thinking, drawing, designing, making, and the rest of people involved in the creation of "something". (That's why I don't like fakes). It's just a lack of respect. I gu...
Absoltuley Right Eric...
By: chris4 : June 11th, 2010-02:27
So therefore a 27 could actually be a reasonable investment at $500k. Looking at another thread I understand that Marcus in London is getting one & its presold, if this is the case with the other 19, then It makes a total mockery of all the criticism ...