Watches and The Law of Diminishing Returns

Thread: Watches and The Law of Diminishing Returns

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  1. #1
    Member car guy's Avatar
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    Watches and The Law of Diminishing Returns

    The question is, at what point in the watch world does the law of diminishing returns kick in. At what point does what you get for your money start to decrease? Lets only include watches not made out of precious metals as that would complicate the question. Certainly, one could argue this law kicks in after the $15 walmart special. What do you think?

  2. #2
    Member lysanderxiii's Avatar
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    Re: Watches and The Law of Diminishing Returns

    Standard answer:

    DEPENDS.

    It all depends on what you want. I have never been able to wear chrome plated watches, therefore a $15 Wally special is out of the question. I also prefer automatics with good luminous qualities an decent WR.

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    Re: Watches and The Law of Diminishing Returns

    Diminishing returns in general starts when the person that buys the product walks out with it, i.e a car or watch. Because the value of the product is now less considering it is now owned and considered used at this point.

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    Re: Watches and The Law of Diminishing Returns

    Quote Originally Posted by lysanderxiii View Post
    Standard answer:
    DEPENDS.
    I feel it also depends on what you need the watch to do and what constitutes value to you.

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    Member RJRJRJ's Avatar
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    Re: Watches and The Law of Diminishing Returns

    Quote Originally Posted by danielt1981 View Post
    Diminishing returns in general starts when the person that buys the product walks out with it, i.e a car or watch. Because the value of the product is now less considering it is now owned and considered used at this point.
    I think youre talking about depreciation..


    Anyways, I think it starts around $2000-3000 dollars, which will get you a very solid, reliable, well made watch with time and date. A nice chrono will run you about $5000. After that, you start adding in-house movements which probably dont make much of a difference as far as keeping time goes. Then you have the basic complications that actually have some use, e.g. power reserve, 2nd time zone.. At this point you are probably spending about 10 grand. After that, it just gets worse, since the next line of complications will probably double or triple the price.

    So, my answer is $10,000.

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    Member Gansan's Avatar
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    Re: Watches and The Law of Diminishing Returns

    If one thinks a watch is just for telling the time, then it starts from the second watch, irrespective of the price of the first one! All watches from the second one onwards are redundant.

    If a watch is considered as part of attire, and one wants different watches to wear with different clothes, then not before at least a few more are added! May be as many as the number of clothes/dresses one owns.

    Viewed as a collectible item I think it happens only when the same watch/design/look is repeated and not otherwise.
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    Re: Watches and The Law of Diminishing Returns

    As with so many questions along these lines, the answer is going to be subjective.

    For the kind of watches I like, $1500 is about it. After that, it seems to me that you are spending more on unnecessary [IMHO] complications, precious metals, famous brand names, and not simple excellence in accuracy, workmanship, materials etc.

    However others will see this matter differently...they want the fancy and obscure complications, the gold/bronze/unobtanium/diamond-encrusted cases and hi-tech finishes and the premium brand name...and I wouldn't waste a second arguing that they are doing anything 'wrong'. It's all about taste and desire.
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    Re: Watches and The Law of Diminishing Returns

    As a practical time keeper? About $60. Never needs a battery, accurate to about .000001 seconds/day, 200m water resistance, more functions than you can remember how to use, and is basically indestructible. (Just noticed I took this picture a year ago today )

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  10. #9
    Member car guy's Avatar
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    Re: Watches and The Law of Diminishing Returns

    good points.

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    Re: Watches and The Law of Diminishing Returns

    Quote Originally Posted by KeyGrip View Post
    I feel it also depends on what you need the watch to do and what constitutes value to you.
    Ditto for me.

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