Hello, newer member of WUS here.
Been loving my time reading the boards, which led me to my first purchase of a Sinn 856 UTC on strap. One thing that made this watch stand out for me was the added technologies (such as tegimented casing, copper sulphate capsule, etc), which I saw as easily identifiable value added (since it helps make the watch tougher, more resilient). Now I am wondering what makes more expensive brands like Rolex, IWC or Omega (not the highest, but sort of that next tier of pricing) stand out above a watch like my 856? I'm aware that they can utilize in-house movements, and can be more accurate... but are those handful of extra seconds in accuracy what drives the extra multiples in price (assuming I am looking at models that are stainless steel, instead of precious metal).
So I guess the basic question is... what is the value driver behind paying $5k plus for a watch, or is it mainly driven by buying brand?
Appreciate the responses,