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Originally Posted by Aroy I sold my Rolex as it stopped after 8 years of continuous service. Last year I took it for servicing and was told that apart from 45K service a whole host of parts adding up to 40K were worn out and needed replacement. That is a bill of 80K. |
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Originally Posted by dark.knight Rolex is a marketing giant. They will never say that they copied from anyone... the Apple of the watch world.. expensive, overrated and thoroughly endorsed by Hollywood though the actual actors wear much better watches off-stage. |
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Originally Posted by dark.knight You look at Rolex and what do you see apart from a slightly tweaked version of stainless steel? Literally nothing...no innovation, only copying every single thing from more prestigious manufacturers. It is easy to fall for the Rolex hype because so many people recognize it.. appreciate it and call it a status symbol, if only the truth agreed. |
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Originally Posted by arindambasu13 There are plenty of good GMT options from brands other than Rolex which offer much greater value and the same (or in a few cases, better) level of build quality. |
Interesting and largely agreed upon comments here... in the watch world as elsewhere, it's so easy to be led astray by all kinds of - well - lies, basically.
Related: I curiously found myself (being of solid "commoner" status) an invitee recently at a party or two where a bit of new money and a bit of old were represented - besides varyingly successful businessfolk and semi-local socialites, I guess 3-4 of India's (non-local) royal families were represented...
Now, I know we're in the hills and the party scene may not be the same everywhere, but I have this tendency to look at what people are wearing, and here's what I caught: As far as I noticed, the sum total of premium watches on display there were two Breitlings - both worn by middle-aged local hoteliers. As for the royal bunch: the birthday girl/hostess, a twenty-something princess (technically) was wearing a white Casio Baby-G. One elderly raja was wearing a Pro-Trek by the same manufacturer, as was the more middle-aged scion of probably Delhi's richest real-estate magnate. Saw a couple of ana-digi G-Shock's out there in the crowd too, one of them bright yellow.
Now maybe this is just the trendy thing for royals and would-be socialites hanging out in the hills to do. Probably some of these folks would have watches costing tens of thousands of dollars sitting locked away someplace back in their ancestral domains... but out there in the day-to-day rough-and-tumble world of garden parties and such, they find no shame in wearing a good Thai-built Casio. Nothing to prove. Satisfyingly useful, inarguably reliable / good-quality (albeit arguably good-looking!) timepieces on the wrists of some truly down-to-earth and personable people - wealthy with long heritages themselves, yet happy enough to enjoy wearing the same pieces that dozens of local tourist taxi-wallahs, tour-operators, and photogs up here are. A quite refreshing reality-check that more of us might do well to take note of (not plugging Casio's - of my hundreds of pieces, I own exactly one - which I intend to sell!).
Needless to say, my buddy's titanium Wenger 72619 Mountaineer (which I posted earlier and recently sold him) and my own, rather badly scratched 7701x Cockpit Aerograph (Bell&Ross homage, I hear?) fit in just fine there. Not tooting the Swiss Army horn either, btw.
On the downside, I admit that the literally throw-away (welded) quartz movement in the above model, though allegedly robust and used in some more costly watches, doesn't in any way inspire, and I was never really into a pretty face with a mediocre core (which is where something like the Seiko "monster" a close friend recently passed along to me does a little better, though the 7S26 auto movement, though solidly engineered, is nothing great to look at, either):
Anyway, the prospect of a multi-generational heirloom, and the truly impressive heritage, technology, innovation, and fine-honed precision associated with many mechanical watches commands some respect and does hold a certain appeal (leaving this mechanical engineer truly in awe), but with cited servicing costs for Rolex's (and other premium brands) most often negating any increases in value from an investment standpoint, and as was said, watches a tenth (or less) of the price keeping as good/better time and exhibiting finishing indiscernible apart from a 10x loupe... though I like them and admire their creators' abilities, I don't really find myself lusting after any. They can be amazing, they can run for a lifetime, they can serve as outlets for itchy consumerism and reflectors of worldly success, but they can also be somewhat pointless money-pits. None of them gains us heaven, and it bears mentioning that there are other, more significant kinds of heritages which may be left behind when we're gone, if that's a goal. But even to stick to horology, fact is an HMT or something like my grandfather's American-made Hamilton (from long before they were Swiss!) can and do find their way down to the third generation. Not saying anybody should quit building / buying the premiums, which if nothing else do serve to inspire and spur on human endeavor. Just a little perspective. I don't think that owning one is something everyone need aspire to.
Incidentally, 60-year-old Rolex's of typical era size are looking pretty silly on anything but an adolescent wrist these days, so while it's nice that they're good enough to still run well, I'm not sure that the multi-generational marketing angle really cuts it.
-Eric