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Horological Meandering

Hi Vernon

 

As you know the horological world is experiencing a bubble now and with the coming possible US recession, it may affect demand for high end watches but that's another story. Most top brands now are overpriced so value may come from watches whose brands  are not regarded as "money-maker" for some (you know who) or regarded as a "must-have" to show off to one's circle of friends.

And example would be Patek 5070 vs. Malte chrono...same mov't base...both TOP brands but 5070 is clearly the winner cause of Patek's highly regarded name. Anything with Patek on it is valued high. VC, on the other hand, has yet reached the cult status of Patek's. I am not talking about quality as the qualities of both are unsurpassable. AP's ROO...so popular, people would kill for their LEs (not me though :p)...do they offer value at $30-40+k? You be the judge. Many other examples.

So, to me good value is something of high quality (differs with every person's taste & knowledge), but priced "fairly" cause it is not hyped. When you have to beg to get one and the price is outrageous (PP 5980?), does it still offer value? It's just a watch. I value my money much better!  smile 

 

  

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