Why are watches so overpriced?

The brands don’t want to have a bunch of watches that no-one buys, and at the same time, having an underproduction of watches has proven to have a very positive effect for luxury watch brands. As such, limited production and exclusivity are two reasons why watches are so expensive.

What determines the value of a watch?

The make and model of your watch is one of the most obvious factors when it comes to determining the value of a watch. High-end luxury watches, such as Rolex and Omega, tend to maintain their value no matter how old they are.

What is bottom cash value?

Bottom cash value is the number that the watch carries as an asset at the very core of how it’s made (materials, brand value, craftsmanship). This number is the number that you can get selling this watch if your back is up against the wall and you need to liquidate the watch IMMEDIATELY!

Is it bad to wear a watch to bed?

In any event there is nothing wrong or inherently dangerous in wearing a watch to bed. The watch lume used today does not produce the mutating gamma rays and alpha particles radium dials could produce in decades past.

How many watches should you own?

An average man needs at least four types of watches because not only does a watch tell time, but it is a valuable piece of accessory too. For this reason, a man should have a dress watch for formal occasions, as well as a sports watch that he can wear during extreme outdoor activities.

Why are some watches so expensive?

Some watches are rare by circumstance or by virtue of the original owner. These watches are unique enough to claim a high price. There are three reasons watches have price tags of $10,000.00 USD and higher.

Why are some watches so rare?

Many manufacturers often produce “special” watches, which in consumer eyes makes them collectable. In reality this is a ploy to pump up the price of a limited run. Some watches are rare by circumstance or by virtue of the original owner. These watches are unique enough to claim a high price.

What are the costs of running a high end jewelry/watch store?

Much of the expense of running a high end jewelry/watch store is in the fixed cost – sales people, security guard, high end retail space, lighting, and especially inventory carrying cost (what they pay in interest to borrow money to buy the stock on hand).

Why are George Daniels watches so expensive?

Watches that are made in very small numbers or limited editions are priced accordingly. George Daniels watches are all hand made. These are exquisite timepieces and are understandably expensive. Many manufacturers often produce “special” watches, which in consumer eyes makes them collectable.