I lost the cheap $7 watch. Now, I have a cheap $20 Casio.![]()
42 mm apple watch
LG G watch R
Tag Heuer F1
Casio Tough Solar Red
Seiko Classic Diver's watch SKX009
i saw this gold-plated orient quartz chrono with leather strap..
cheap (less than 7K)!
nothing hi-tech nor class-leading.. it just... looks good. pang-cultural center.
Tissot, Steinhart, Colomer & Sons, Seiko, Orient, Citizen, etc.
Bili sana ako ng Breitling as a birthday gift but opted to spend the extra funds for DP of a car.![]()
^ one of my officemates has a collection of Panerais, Rolexes, and Omegas, yet interestingly, has no investments.
When asked about it, di daw siya long term investor. [emoji848]
Anyway, comfortable naman buhay niya even without investments, and mukha naman siyang may savings, so it's okay I guess.
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Those premium watches are worth a fortune if he decides to sell them later. The used market for premium watches is a booming one.
If I do get myself one of these premium watches, I would have to go with the rugged tool design of Breitling or the subtle yet oozing with class design of IWC.![]()
They don't depreciate as much, but unless it's a limited edition watch, it doesn't appreciate in value. I mean, why buy a used Panerai for 500k from a secondhand dealer when the same model is still being sold in malls for the same price?
On another note, I really don't have a thing for watches. The expensive ones look really good, but they cost 20-50x more than a typical watch. Maybe when I have nowhere else to throw my money at, I can get one. I wonder though if it's necessary to be taken seriously by high profile clients.
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i have a handful-and-a-half of mechanical and quartz watches, the sum total of which wouldn't buy a genuine rolex metal watch band.
but i'm happy. i don't even have to place the watch inside my pants pocket when walking along avenida.
heh heh.
A high profile client will only take notice of your watch if he himself is an avid watch afficionado. Even affordable watches can hold its own if the design has its own character. Case in point is the very affordable Bambino line of automatic dress watches of Orient or the tool divers line of Seiko Prospex/Orient M-Force. For the wise buyer, mid-tier Swiss watches like Steinhart, Hamilton, Tissot, Certina, Longines, and Oris offer a good balance in quality and price for Swiss watches
Luxury watches as an investment will generally take time to appreciate. 2nd hand prices for Rolexes like those manufactured in the 80s and 90s have alreay exceeded their original value by 50 to 500%. With the market for birthyear watches in demand, it can fetch astronomical levels. I myself is looking for a Crown that is my birthyear.
By the way, for Panerai, each model has a limited run and they never make them anymore. For an average person, they may all look the same but it's not.
Having a luxury watch makes you belong to a certain "club". Even Seiko is having a great following in Facebook with numerous well respected personalities sharing their love for the brand. Check out SWCP(Seiko Watch Club of the Philippines), pretty sure you will be surprised by the car personalities posting there.
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1M in a special investment in the bank, can give at least 3.5K a month in interest.
and at the end, you still have the 1M.
for one's horologic needs, one can get a cheap timex or a casio. their accuracy will run rings around the rolexes. hindi pa namamatay sa drawer.
hehe.
Decent Seiko or Orient automatics are priced about the same as some Timex watches and even cheaper than some Casio quartz watches. These Japanese automatics are not far off in terms of accuracy against more expensive Swiss watches, some are even close to COSC chronometer standards.
The classic Seiko divers (like the one shown above) or the newer models (with better mechanisms) could be bought for 10k in malls (even less in some dealers). They are built solidly, dive-certified, and easily serviceable.![]()