blau
3530
I'd consider your proposal a "mild consolidation"
I've done that a couple of times over the years of collecting and never regretted it. I haven't had the guts for a *major consolidation* where I cut things down so far that it seriously changes the scope of the collection. But, like you, when I get up in the mid-20s I start to feel a bit out of control, and get eager to pare back a bit.
The thing that always slows me down when I'm considering it is the sense that the 6-8 lower-value watches I'm trading away represent WAY more collective beauty and excellence than the one higher-value watch I'm trading them for. Which is generally true! The 1016, in this case, is probably not more intrinsic watch goodness than the combination of the ones you'll trade for it. But here's the thing: it will bring you more watch joy than any one or two of the others, and, once you trade them away and get it, you'll have something awesome that you couldn't have otherwise, AND, you'll still have a watch collection! In fact you'll still have a watch collection that's a little too large for you to give everything its fair wearing time. Thus, when you do it, you will not regret it.
At least that's how it's gone for me.