Advertise on Bikeforums.net



User Tag List

Page 1 of 2 12 LastLast
Results 1 to 25 of 35
  1. #1
    genec genec's Avatar
    Join Date
    Sep 2004
    Location
    san diego
    My Bikes
    custom built, sannino, beachbike, giant trance x2
    Posts
    22,534
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)

    Watches that cost over $100,000 US... really?

    OK so I have seen this ad... and was curious... so I went to the web site and found the watch... $124,000...

    Then I looked around a bit more, and found another... $235,000. And get this... "manual wind."

    http://www.luxurybazaar.com/items/it...O1205ST01.html

    Really? I mean really?

  2. #2
    Senior Member pgjackson's Avatar
    Join Date
    Oct 2010
    Location
    Gulf Breeze, FL
    My Bikes
    Rossetti Vertigo
    Posts
    3,846
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I've seen them for $400,000+. Kind of makes those $10,000 bikes look like a bargain.

    Here are some multi-million dollar watches.

    http://www.bornrich.com/entry/patek-...nsive-watches/
    "These are questions for wise men with skinny arms." - Khal Drogo
    2011 Rossetti Vertigo w/ SRAM Rival 16.1lbs

  3. #3
    genec genec's Avatar
    Join Date
    Sep 2004
    Location
    san diego
    My Bikes
    custom built, sannino, beachbike, giant trance x2
    Posts
    22,534
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by pgjackson View Post
    I've seen them for $400,000+. Kind of makes those $10,000 bikes look like a bargain.
    Exactly. For the life of me I cannot envision the materials, or labor that would make a watch come close to that price. Perhaps each and every piece of the watch is hand carved out of a huge block of material, and the watch owner is paying for the scrap.

  4. #4
    Senior Member pgjackson's Avatar
    Join Date
    Oct 2010
    Location
    Gulf Breeze, FL
    My Bikes
    Rossetti Vertigo
    Posts
    3,846
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by genec View Post
    Exactly. For the life of me I cannot envision the materials, or labor that would make a watch come close to that price. Perhaps each and every piece of the watch is hand carved out of a huge block of material, and the watch owner is paying for the scrap.
    Nope, mostly it's the name. Plus, watches are the only product I can think of that become more expensive based on how intentionally "complicated" they are.
    "These are questions for wise men with skinny arms." - Khal Drogo
    2011 Rossetti Vertigo w/ SRAM Rival 16.1lbs

  5. #5
    Mister Bleak! mconlonx's Avatar
    Join Date
    Jun 2007
    Posts
    5,039
    Mentioned
    5 Post(s)
    Tagged
    0 Thread(s)
    They got jewels and stuff in them.
    Quote Originally Posted by Nicodemus regarding mconlonx View Post
    You, I don't generally think of you as clueless. You're kind of ok.
    I know next to nothing. I am frequently wrong.

  6. #6
    genec genec's Avatar
    Join Date
    Sep 2004
    Location
    san diego
    My Bikes
    custom built, sannino, beachbike, giant trance x2
    Posts
    22,534
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by mconlonx View Post
    They got jewels and stuff in them.
    Something that small has no where near the weight of jewels to equate to the price. The one watch I posted isn't even gold.

    The Royal Oak Tourbillon - case in stainless steel - is an exceptional timepiece, primarily because of its complications.
    It has a 1 minute Tourbillon located at the 6 o'clock position, and a 30 minute chronograph / stop-watch function.
    The chronograph is fitted with a titanium lever which gets rid of the “jumping chronograph hand” issue.
    The Audemars Piguet Royal Oak Tourbillon Chronograph is animated by a manually wound movement whose balance wheel beats at a pace of 21,600 vibrations per hour.
    The Tourbillon completes a single rotation each hour, as its cage bears the balance wheel, and the components of the escapement.
    This is basically FU jewelry.

  7. #7
    genec genec's Avatar
    Join Date
    Sep 2004
    Location
    san diego
    My Bikes
    custom built, sannino, beachbike, giant trance x2
    Posts
    22,534
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)
    BTW in case anyone wonders... http://en.wikipedia.org/wiki/Tourbillon

    In horology, a tourbillon (play /tʊərˈbɪljən/; French: [tuʁbijɔ̃] "whirlwind") is an addition to the mechanics of a watch escapement. Developed around 1795 by the French-Swiss watchmaker Abraham-Louis Breguet from an earlier idea by the English chronometer maker John Arnold, a tourbillon aims to counter the effects of gravity by mounting the escapement and balance wheel in a rotating cage, to negate the effect of gravity when the timepiece (and thus the escapement) is stuck in a certain position.

    Originally an attempt to improve accuracy, tourbillons are still included in some expensive modern watches as a novelty and demonstration of watchmaking virtuosity. The mechanism is usually exposed on the watch's face to show it off.

  8. #8
    Senior Member pgjackson's Avatar
    Join Date
    Oct 2010
    Location
    Gulf Breeze, FL
    My Bikes
    Rossetti Vertigo
    Posts
    3,846
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by genec View Post
    BTW in case anyone wonders... http://en.wikipedia.org/wiki/Tourbillon
    What's funny is that the video in that link is a Stuhrling watch. I have a Stuhrling Automatic. They cost about $100. So you have million dollar watches bragging about unnecessary technology that exists in El Cheapo brands. Awesome.
    "These are questions for wise men with skinny arms." - Khal Drogo
    2011 Rossetti Vertigo w/ SRAM Rival 16.1lbs

  9. #9
    on by skijor's Avatar
    Join Date
    Mar 2006
    Location
    Wisconsin
    My Bikes
    Waterford RS-33, Salsa Vaya, Vision R40, Bacchetta Giro 20 ATT
    Posts
    881
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    There's one born every minute. Wealth ≠ common sense

  10. #10
    Senior Member pgjackson's Avatar
    Join Date
    Oct 2010
    Location
    Gulf Breeze, FL
    My Bikes
    Rossetti Vertigo
    Posts
    3,846
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by skijor View Post
    There's one born every minute. Wealth ≠ common sense
    The idea is that these are not meant to be worn. They are considered investments. I guess if you can afford to buy a $500,000 watch and sell it later for $600,000, that is a good investment. But yes, a bunch of rich a$$holes wasting money on dumb things. It's right up there with "fine art".
    "These are questions for wise men with skinny arms." - Khal Drogo
    2011 Rossetti Vertigo w/ SRAM Rival 16.1lbs

  11. #11
    Mister Bleak! mconlonx's Avatar
    Join Date
    Jun 2007
    Posts
    5,039
    Mentioned
    5 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by genec View Post
    This is basically FU jewelry.
    Yes it is. Answered your own OP, didn't you...?

    The bigger watches are also compensation devices, like red sports cars, trophy wives, and Cervelos.
    Quote Originally Posted by Nicodemus regarding mconlonx View Post
    You, I don't generally think of you as clueless. You're kind of ok.
    I know next to nothing. I am frequently wrong.

  12. #12
    Senior Member pgjackson's Avatar
    Join Date
    Oct 2010
    Location
    Gulf Breeze, FL
    My Bikes
    Rossetti Vertigo
    Posts
    3,846
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by mconlonx View Post
    yes it is. Answered your own op, didn't you...?

    The bigger watches are also compensation devices, like red sports cars, trophy wives, and cervelos.
    boom!
    "These are questions for wise men with skinny arms." - Khal Drogo
    2011 Rossetti Vertigo w/ SRAM Rival 16.1lbs

  13. #13
    BF Risk Manager
    Join Date
    Mar 2006
    Location
    Snohomish County, Washington USA
    My Bikes
    Road, mountain and folding
    Posts
    896
    Mentioned
    2 Post(s)
    Tagged
    0 Thread(s)
    I see from the listing that the dial color is described as 'blue waffle'. I sure as heck don't want that on my wrist.
    Regards, MillCreek
    Snohomish County, Washington USA

  14. #14
    Senior Member pgjackson's Avatar
    Join Date
    Oct 2010
    Location
    Gulf Breeze, FL
    My Bikes
    Rossetti Vertigo
    Posts
    3,846
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    image_title_xd1za.jpg
    Quote Originally Posted by pgjackson View Post
    I've seen them for $400,000+. Kind of makes those $10,000 bikes look like a bargain.

    Here are some multi-million dollar watches.

    http://www.bornrich.com/entry/patek-...nsive-watches/
    This one is only $25,000 from the link. I would never pay that for a watch, even if I could afford it. Need to find one that looks like it because it is beautiful.
    "These are questions for wise men with skinny arms." - Khal Drogo
    2011 Rossetti Vertigo w/ SRAM Rival 16.1lbs

  15. #15
    Mister Bleak! mconlonx's Avatar
    Join Date
    Jun 2007
    Posts
    5,039
    Mentioned
    5 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by pgjackson View Post
    image_title_xd1za.jpg

    This one is only $25,000 from the link. I would never pay that for a watch, even if I could afford it. Need to find one that looks like it because it is beautiful.
    I've got one that looks like this:



    But it's a knockoff I bought in China for about $35... and was told later I totally got ripped off on the deal.
    Quote Originally Posted by Nicodemus regarding mconlonx View Post
    You, I don't generally think of you as clueless. You're kind of ok.
    I know next to nothing. I am frequently wrong.

  16. #16
    Senior Member
    Join Date
    Aug 2008
    Location
    Irving, TX
    My Bikes
    Schwinn Paramount
    Posts
    314
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    I have trouble envisioning a $200k watch, and I'm actually a watch collector. I've owned and worn Rolexes in the past but not at the present time. I sometimes wear an Omega that is very much less expensive than the average Rolex, but I also wear Seikos that are closer to the $100 point.

    I suppose people can spend as much on luxury items as they want, if they have the money to spend. I have looked at macro photos of watch movements that are incredibly well made. I honestly don't know how they can get that level of craftsmanship on very small items like that. Sturhling was mentioned, that isn't even a real watch brand. They buy the absolute cheapest watches they can and then put their name on them. You won't find a Tourbillon in a $100 watch, and if you look at the movements in a Sturhling you will think that Chinese kids made them with stone axes. Of course in my mind this means that a watch with a Tourbillon and very fine craftsmanship should sell for something like $5k, not $200k. There is something magic about the AP brand, and a few others such as Patek Phillippe, that allows them to add another zero on the end of the price. I suppose if you were owner of a corporation with your worth near 10 figures, you wouldn't to be at a meeting with your underlings and find out that you were wearing a $10k watch and one of them was wearing a $20k watch, so you buy a $200k watch.

    Right now I'm wearing a $50 Luminox quartz.

  17. #17
    Super Moderator Allen's Avatar
    Join Date
    Sep 2005
    Location
    Atomic batteries to power; turbines to speed
    My Bikes
    Salsa La Raza, Panasonic Electric, Bria, Bamboo touring, Bamboo cargo
    Posts
    4,690
    Mentioned
    2 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by pgjackson View Post
    . But yes, a bunch of rich a$$holes wasting money on dumb things. It's right up there with "fine art".
    Material value is not intrinsic value.
    Art is worth what someone will pay for it. What they are valuing is their appreciation of the object, not the object itself.
    Quote Originally Posted by unterhausen
    I believe that in this case "solid meh" means "so 'meh' that it could never be anything more than 'meh', and yet also no less than 'meh' -- in a word, exactly 'meh'"

  18. #18
    Senior Member
    Join Date
    May 2008
    Location
    Calgary, Alberta
    Posts
    679
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    And they don't keep better time than my cheapo flip top cell phone. I really don't like the 'you get what you pay for' quote that people post all over the place. This is a nice counter example.

    As far as an investment goes, that is a risk and you never know which way it will go.
    mainlytext.com/bike.html Bicycling in winter, the entertainment version

  19. #19
    on by skijor's Avatar
    Join Date
    Mar 2006
    Location
    Wisconsin
    My Bikes
    Waterford RS-33, Salsa Vaya, Vision R40, Bacchetta Giro 20 ATT
    Posts
    881
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by mconlonx View Post
    They got jewels and stuff in them.
    and the UPS guy would just leave it on the front porch

  20. #20
    Senior Member pgjackson's Avatar
    Join Date
    Oct 2010
    Location
    Gulf Breeze, FL
    My Bikes
    Rossetti Vertigo
    Posts
    3,846
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by bjtesch View Post
    I have trouble envisioning a $200k watch, and I'm actually a watch collector. I've owned and worn Rolexes in the past but not at the present time. I sometimes wear an Omega that is very much less expensive than the average Rolex, but I also wear Seikos that are closer to the $100 point.

    I suppose people can spend as much on luxury items as they want, if they have the money to spend. I have looked at macro photos of watch movements that are incredibly well made. I honestly don't know how they can get that level of craftsmanship on very small items like that. Sturhling was mentioned, that isn't even a real watch brand. They buy the absolute cheapest watches they can and then put their name on them. You won't find a Tourbillon in a $100 watch, and if you look at the movements in a Sturhling you will think that Chinese kids made them with stone axes. Of course in my mind this means that a watch with a Tourbillon and very fine craftsmanship should sell for something like $5k, not $200k. There is something magic about the AP brand, and a few others such as Patek Phillippe, that allows them to add another zero on the end of the price. I suppose if you were owner of a corporation with your worth near 10 figures, you wouldn't to be at a meeting with your underlings and find out that you were wearing a $10k watch and one of them was wearing a $20k watch, so you buy a $200k watch.

    Right now I'm wearing a $50 Luminox quartz.
    I have a Stuhrling Automatic skelaton. It's beautiful. You can see all the movements. Can't tell the difference between it and a $75K Patek I saw at Tiffany's a while ago.
    "These are questions for wise men with skinny arms." - Khal Drogo
    2011 Rossetti Vertigo w/ SRAM Rival 16.1lbs

  21. #21
    Senior Member
    Join Date
    Aug 2008
    Location
    Irving, TX
    My Bikes
    Schwinn Paramount
    Posts
    314
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by Closed Office View Post
    I really don't like the 'you get what you pay for' quote that people post all over the place. This is a nice counter example.
    In some ways that is an apples/oranges comparison. A person could say that their POS $500 car is faster than your $10,000 bike which is also not a valid comparison. An apples to apples comparison would be that the very expensive mechanical watch would be more accurate than your $5,000 Rolex, which in turn would be more accurate than your $100 Seiko. Or another comparison would be that your expensive quartz watch (I don't even know which luxury brands make quartz) would be more accurate than your Citizen or Seiko quartz, which would be more accurate than your cheapo that you bought for $5 at Walmart.

    I mostly wear mechanical watches, because I like the mechanisms, and I don't worry so much about how accurate they are. I also like nice bicycles, if I was interested in going fast I would buy a cheap motorcycle.

  22. #22
    Senior Member pgjackson's Avatar
    Join Date
    Oct 2010
    Location
    Gulf Breeze, FL
    My Bikes
    Rossetti Vertigo
    Posts
    3,846
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by clemsongirl View Post
    When price is commensurate with artistry, materials, time, knowledge and passion then I can see the value. Philippe Dufour is a master watchmaker working out of a small house in a Swiss village. His life long knowledge, talent and the simple beauty in the design and technique of his handmade time only watches are worth more than the egocentric expression of the individual price ranges of some of the brands mentioned in this thread. When you could get on his wait list you could get one of his watches in the upper 5 figure range. Not that I would spend that much on a watch but after learning about Dufour’s life and work ethic I can see the value he places on one of his wonderful watches and I can see it as reasonable. I’m sure there are more watchmakers like him.
    What a load of crap.
    "These are questions for wise men with skinny arms." - Khal Drogo
    2011 Rossetti Vertigo w/ SRAM Rival 16.1lbs

  23. #23
    Senior Member 009jim's Avatar
    Join Date
    Feb 2008
    Location
    Australia
    My Bikes
    Giant CRX3, Trek 7100
    Posts
    1,287
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    I think it's fantastic that when people get rich they have a desire to show how rich they are by buying overvalued stuff. Every sensible product manufacturer has an "exclusive" model just for the dude who thinks he has to have "the best". Suckers !!! Of course I'd like to have wealth but I am quite confident I would be keeping it for stuff worth having.
    Last edited by 009jim; 12-09-12 at 02:35 AM.

  24. #24
    genec genec's Avatar
    Join Date
    Sep 2004
    Location
    san diego
    My Bikes
    custom built, sannino, beachbike, giant trance x2
    Posts
    22,534
    Mentioned
    4 Post(s)
    Tagged
    0 Thread(s)
    Quote Originally Posted by AllenG View Post
    Material value is not intrinsic value.
    Art is worth what someone will pay for it. What they are valuing is their appreciation of the object, not the object itself.
    Art has a certain intrinsic value due to it's limitation... most art is one of a kind. These watches may be limited edition, but there is more than one.

  25. #25
    Mister Bleak! mconlonx's Avatar
    Join Date
    Jun 2007
    Posts
    5,039
    Mentioned
    5 Post(s)
    Tagged
    0 Thread(s)
    How much is a new Richard Sachs bicycle going for these days?

    How much for the directly comparable Surly Pacer...?
    Quote Originally Posted by Nicodemus regarding mconlonx View Post
    You, I don't generally think of you as clueless. You're kind of ok.
    I know next to nothing. I am frequently wrong.

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •