bernard cheong
7182
Watches in my asylum of investments.Omega Seamaster 1988, Marc Newsons 1988 and 2011,
Watches can be a good investment--but not for everybody.
BUT, normally lose value over time and are not good investments unless you really know a lot about the specific item.
Selling of watches is at a financial loss. Owners, they enjoy it, the watch.
Only some of the truly rare and special collectibles gain value over time, you have to judge the value of a watch by what intangibles you gain.
For me, my asylum, it is a 100% gain.
Friends, time well spent, perspectives....and because I started so early, even money.
Today, everyone is equal, and you will be better off than I was when I began...because the markets, the world, and space occupying assets versus intellectual assets are beginning once again to change.
Look at how, for example, titanium from 1988 has changed...porosity I suspect, and alloys, have changed.
Surface treatment has changed.
3D printing to repair and restore WILL change.
Omega from 1988, one single owner...intentionally punished and used ROUGH.
Versus a soft 18k gold brushed design item from Marc Newson 2011 and a De Betune DB28 2011 in polished titanium.
Enjoy...
Now, in 2011, we see the DB28 which will never be punished to this level.
The Marc Newson SEASLUG alarm which is from 1990 or so
punished, used rough, but in steel.
Note how the ilum has changed.
Note too that by 2020...3D prints will restore, I predict, all of these watches.
By then, I would have had a life time of enjoying the minds and ideas of these forums, the creators of the watches, met them, and became a better person.
I see my own investments that way.
If I had made money from the market with other work or goods, the results could well be the same.
Or worse.
BUT first, the Marc Newson Horizon in soft warm 18k gold.
Brushed and delicate it seems...but no longer in production.
STRANGELY...design holds GREAT value.
My seaslug alarm is well over what I paid,I mean, people call me up for it..it is inexpensive....but just so "nice" or beautiful in its thickness and weight.
I hardly find any of the thousand plus made. EVER.
I have seen it about 12 times online, in various countries...in or before 2008.
Oh...I can't play golf.
If I had, my money would have gone into that...and to me, it would have brought me returns too.
In other ways.
This message has been edited by bernard cheong on 2013-05-20 23:30:19
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Watches in my asylum of investments.Omega Seamaster 1988, Marc Newsons 1988 and 2011,
Watches can be a good investment--but not for everybody. BUT, normally lose value over time and are not good investments unless you really know a lot about the specific item. Selling of watches is at a financial loss. Owners, they enjoy it, the watch. Onl...
The macro shots really bring out the details.
Even though the Omega has been banged up, still adds character to the watch. The DeBethune will always be special and the Newsons have their own style. Always enjoy reading your posts :)
Thanks Nic..here is a really macro macro shot of the Omega
I did not service it..yikes. Swam in sea with it in the years of 1990s.. These watches were made to last. I think it was about 3 years BEFORE the world even began to look at watches, and NO adverts were found, or rarely found, in magazines..and only 3 or ...
OH..well..not yet. Seriously...I think it can take it.
But because it is sooo expensive, I will ask DB first, and then if OK, I will. This part here..is of concern, but with a readily replaced part, and a trial run on a computer..we will see. The silicium wheel seems to be really hardy, and it is also DOUBLE ...
Hi Bernard...
great food for thoughts......but for me I am still a believer and sit firmly in the corner of the ones who buy watches for instant gratification without thinking much of future increase or decrease of value....who knows?In the meantime they give me pleasu...
I agree, I have not much spare time, so...
I use almost every minute I have that is away from work to maximize my "enjoyment" of life...or to learn something. The watch? It helps me to broaden any ideas or thoughts I have on my business...the solution of the bridge, the Freak's wheel within a whee...
Thats a test..
do you think the triple parachute will hold???Better than a Richard Mille shock system? Mo
NO..I think not.
BUT..I will first prepare a simulated diagramatic trial. I am VERY interested in the DB28 system because of its larger size, and I feel I can 3D print out the parts. But maybe not so beautiful in the finish.
For me, the interesting part is about "3D Printing" ......
Bernard what do you know about that so called 3D Printing? What is it..really? Cheers Francois
I have begun.
Francois, to many, 3D printing is interpreted as many guises. For me in Singapore, I am now experimenting with recreating the FRONTAL part of a watch case which I have the CAD diagram. In the future, this year, I hope to be able to scan a case part, and r...
An american construct.
The brand...I am not sure. But it has software that is now almost being upgraded every month. Originally bought to make small medical use parts, later, sold to me for making these "experiments".
Hi Bernard, just asking because this has been my.....
line business for 19 years now, what was called rapid prototyping until recently when everyone is calling it 3D printing. I have several machines here . Cheers Francois
Bernard I think that the intangibles of owning some watches may..
Compensation for the economy depreciation of value. Instead of 3D parts why not if you can afford it, get the case to be coated with several microns of DLC.
I thought of that, and tried...but the warmth of the metal is lost
This is a trade off Ronald. Whether a total coat of hard material, or wear and restore. Soon...restoration will include total case reconstruction...by restoring the outer layer. No more material loss.
Bernard here is another solution you would be able to pull off...
For those watches you will abuse, buy a second case and crystals. When the first ones need servicing have local AD swap them, and send the beaten one for refinishing.