Malaysia Watch Forum

Main Forums => General Discussion - Modern Watches => Topic started by: feydrax on January 17, 2017, 02:25:42 PM

Title: How do you define the value of the watch?
Post by: feydrax on January 17, 2017, 02:25:42 PM
I've some ideas, but would like to have your opinions on such.

What are the intrinsic values that makes a watch attractive to you?
1 ) Complications
2 ) Accuracy
3 ) New technology
4 ) In-house movement
5 ) Brand history
6 ) Personal love towards the watch / Wrist time
7 ) Durability and toughness
8 ) Market demand and supply
9 ) Marketing / "Star Value"

If we're talking about monetary value, the common response looks like something below

Features + History + Marketing --> Demand/Supply --> Value of watch
The final push to close the deal is the love towards the watch!

Anything else?
Title: Re: How do you define the value of the watch?
Post by: AbbasHabshee on January 17, 2017, 03:18:27 PM
From what you have listed, my opinion would be number 5 & 6 :)
Title: Re: How do you define the value of the watch?
Post by: meoramri on January 17, 2017, 03:21:35 PM
1 to 5 for a common pricing benchmark. 6 for pure value


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Title: Re: How do you define the value of the watch?
Post by: asimo on January 17, 2017, 04:04:38 PM
Value of the watch depends on demand & supply . Period.


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Title: Re: How do you define the value of the watch?
Post by: Cocas on January 17, 2017, 04:23:22 PM
I've some ideas, but would like to have your opinions on such.

1) Complications
2) Accuracy
3) New technology
4) In-house movement
5) Brand history
6) Personal love towards the watch

Anything else?

How about durability & toughness?
Title: Re: How do you define the value of the watch?
Post by: asimo on January 17, 2017, 06:24:40 PM

 many highly priced watches are not rugged or durable  8) and probably not in working condition  ;D
Title: Re: How do you define the value of the watch?
Post by: feydrax on January 17, 2017, 06:44:24 PM
I've some ideas, but would like to have your opinions on such.

1) Complications
2) Accuracy
3) New technology
4) In-house movement
5) Brand history
6) Personal love towards the watch

Anything else?

How about durability & toughness?

Gonna add that in!
Title: Re: How do you define the value of the watch?
Post by: feydrax on January 17, 2017, 06:46:37 PM

 many highly priced watches are not rugged or durable  8) and probably not in working condition  ;D

Ugh, more like a jewellery than a timekeeper? :o
Title: Re: How do you define the value of the watch?
Post by: feydrax on January 17, 2017, 06:48:16 PM
Value of the watch depends on demand & supply . Period.


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In this case I'm referring not just to the dollar value, but its intrinsic value that appeals to you, or, that makes it "speak" to you
Title: Re: How do you define the value of the watch?
Post by: feydrax on January 17, 2017, 06:50:03 PM
1 to 5 for a common pricing benchmark. 6 for pure value


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Not a single item left unattended!  :Laughing_on_floor:
Title: Re: How do you define the value of the watch?
Post by: TheHobbit on January 17, 2017, 06:54:46 PM
I've some ideas, but would like to have your opinions on such.

What are the intrinsic values that makes a watch attractive to you?
1 ) Complications
2 ) Accuracy
3 ) New technology
4 ) In-house movement
5 ) Brand history
6 ) Personal love towards the watch
7 ) Durability and toughness
8 ) Market demand and supply

Anything else?

That it actually tells time.....
Title: Re: How do you define the value of the watch?
Post by: asimo on January 18, 2017, 05:43:18 AM

 many highly priced watches are not rugged or durable  8) and probably not in working condition  ;D

Ugh, more like a jewellery than a timekeeper? :o

Nop not jewelry

U can check out the auction records ... some  watches fetch value (even though is not working) can be due to rarity ,  historical eg used by Kings, presidents, used in battle, etc etc , complications marvel ,  gems/precious metals, etc




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Title: Re: How do you define the value of the watch?
Post by: asimo on January 18, 2017, 05:46:30 AM
Value of the watch depends on demand & supply . Period.


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In this case I'm referring not just to the dollar value, but its intrinsic value that appeals to you, or, that makes it "speak" to you

Is quite personal.. depends on your taste n lifestyles/image  .. for me, I prefer sports watches (no dress watches).. preferable with  measurements bezel ... not so much on complications


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Title: Re: How do you define the value of the watch?
Post by: Cocas on January 18, 2017, 06:15:04 AM

 many highly priced watches are not rugged or durable  8) and probably not in working condition  ;D

Ugh, more like a jewellery than a timekeeper? :o

Nop not jewelry

U can check out the auction records ... some  watches fetch value (even though is not working) can be due to rarity ,  historical eg used by Kings, presidents, used in battle, etc etc , complications marvel ,  gems/precious metals, etc




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OMEGA used by many UK royal but still not fetching very high price though. ;)
Title: Re: How do you define the value of the watch?
Post by: adamjohari on January 18, 2017, 06:17:30 AM
It's always supply and demand. The other items you listed impact the supply and demand.

Brand name is likely the strongest factor. Let's be real, the majority of people don't/are not interested in knowing about movements, history etc. All they want is a pretty watch that will show off their status.
Title: Re: How do you define the value of the watch?
Post by: Cocas on January 18, 2017, 06:25:06 AM

 many highly priced watches are not rugged or durable  8) and probably not in working condition  ;D

Ugh, more like a jewellery than a timekeeper? :o

Nop not jewelry

U can check out the auction records ... some  watches fetch value (even though is not working) can be due to rarity ,  historical eg used by Kings, presidents, used in battle, etc etc , complications marvel ,  gems/precious metals, etc




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OMEGA used by many UK royal but still not fetching very high price though. ;)

Here they are....

Title: Re: How do you define the value of the watch?
Post by: feydrax on January 18, 2017, 06:29:54 AM

 many highly priced watches are not rugged or durable  8) and probably not in working condition  ;D

Ugh, more like a jewellery than a timekeeper? :o

Nop not jewelry

U can check out the auction records ... some  watches fetch value (even though is not working) can be due to rarity ,  historical eg used by Kings, presidents, used in battle, etc etc , complications marvel ,  gems/precious metals, etc




Sent from my iPhone using Tapatalk

OMEGA used by many UK royal but still not fetching very high price though. ;)

Here they are....



Maybe the collectors are looking for royalties who have become history  :Laughing_on_floor:
Title: Re: How do you define the value of the watch?
Post by: swleong on January 18, 2017, 06:44:44 AM
Also the "Star Values", it depends on how much money been poured into marketing and how many celebrities wear them.
Title: Re: How do you define the value of the watch?
Post by: Timeless on January 18, 2017, 06:56:17 AM
5, 6 and 7 to me. Plus, the more wrist time u have with the watch.
Title: Re: How do you define the value of the watch?
Post by: asimo on January 18, 2017, 07:00:20 AM
I am sure if prince William were to auction his omega seamaster Quartz, it will fetch high price


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Title: Re: How do you define the value of the watch?
Post by: asimo on January 18, 2017, 07:02:20 AM
(https://uploads.tapatalk-cdn.com/20170118/0fbbaf05381e53e3be9ba58c54a10133.jpg)


Saw this omega in a Shanghai museum..

Guess who is the owner ?






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Title: Re: How do you define the value of the watch?
Post by: matthiaswatch on April 02, 2017, 10:39:42 PM
For me, it's only as valuable as you want it to be...
Title: Re: How do you define the value of the watch?
Post by: blackatana on April 02, 2017, 11:05:32 PM
no 5 ...i guess its up to you to define the value since its pretty subjective ...
Title: Re: How do you define the value of the watch?
Post by: gchee on April 03, 2017, 06:55:34 AM
If you're talking about monetary value then it is only as valuable as what someone else is willing to pay.
Title: Re: How do you define the value of the watch?
Post by: TheWatchCollector on August 06, 2017, 11:15:13 AM
Interesting thread,

A couple of other additional factors I consider are

Yearly production volume, and by extension
Number of Outlets/SC's

As nice as it would be to own a limited production piece (read low/exclusive brand volume), unless you hail from La Chaux-de-Fonds, or indeed have a grandfather that's a master watchmaker (which would invariably invalidate any warranty!), come service interval, or, dare I say, mechanical failure, I envisage a sizable headache in the making.

A large, yearly production rate, while not screaming of exclusivity, usually equates to easy access to the, hopefully efficient, service/repair network of the brand. And besides a lot of them still produce exclusive pieces should you desire something other than the 'norm'
Title: Re: How do you define the value of the watch?
Post by: Meowy on August 07, 2017, 07:34:56 AM
Demand and supply of the watch I guess...

the BLNR may very well be a classic example of this. It may be the very few watches which preowned value is catching up to the new value as supply is limited and demand is plenty.
Title: Re: How do you define the value of the watch?
Post by: yanice on August 07, 2017, 08:05:23 PM
beauty is the first consideration
Title: Re: How do you define the value of the watch?
Post by: Cocas on August 10, 2017, 07:33:08 AM
Lately factor no.9 seems commanding the trend and value.
Title: Re: How do you define the value of the watch?
Post by: mongourou on August 18, 2017, 08:18:06 PM
The smile on my face when I look at the watch...


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Title: Re: How do you define the value of the watch?
Post by: asimo on August 18, 2017, 09:03:43 PM
http://www.ablogtowatch.com/why-are-watches-so-expensive/
Title: Re: How do you define the value of the watch?
Post by: Cocas on August 19, 2017, 07:22:21 AM
"When you try to define your watch value, it loses its value."
Title: Re: How do you define the value of the watch?
Post by: Jaymie360 on August 19, 2017, 11:28:59 AM
I've some ideas, but would like to have your opinions on such.

What are the intrinsic values that makes a watch attractive to you?
1 ) Complications
2 ) Accuracy
3 ) New technology
4 ) In-house movement
5 ) Brand history
6 ) Personal love towards the watch / Wrist time
7 ) Durability and toughness
8 ) Market demand and supply
9 ) Marketing / "Star Value"

If we're talking about monetary value, the common response looks like something below

Features + History + Marketing --> Demand/Supply --> Value of watch
The final push to close the deal is the love towards the watch!

Anything else?
Its always gonna be number 8.

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Title: Re: How do you define the value of the watch?
Post by: Jaymie360 on August 19, 2017, 11:29:35 AM
I've some ideas, but would like to have your opinions on such.

What are the intrinsic values that makes a watch attractive to you?
1 ) Complications
2 ) Accuracy
3 ) New technology
4 ) In-house movement
5 ) Brand history
6 ) Personal love towards the watch / Wrist time
7 ) Durability and toughness
8 ) Market demand and supply
9 ) Marketing / "Star Value"

If we're talking about monetary value, the common response looks like something below

Features + History + Marketing --> Demand/Supply --> Value of watch
The final push to close the deal is the love towards the watch!

Anything else?
Its always gonna be number 8.

Sent from my SM-G950F using Tapatalk
And followed by the rest

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Title: Re: How do you define the value of the watch?
Post by: jayz1990 on August 19, 2017, 12:37:47 PM
no 1 to 6 for me. Plus the added factor of sentimental value or personal memories from wearing the watch. For example, I have an Omega Bond Seamaster, a watch that I wanted since I was 8 years old watching Pierce Brosnan's movie. Second watch is the Planet Ocean 8500, a technological advanced watch that I wanted to buy the first day I started working but could not afford it until 2 years later after I got promoted. Therefore it is the watch that marked that happy occasion and remains my favourite watch until today. So, milestones matter. I guess.