25 rules for collectors

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koimaster
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25 rules for collectors

Post by koimaster » April 21st 2022, 10:51pm

1) Never settle. Compromise.
If a Rolex is really what you want, don't throw away money on a Seiko just to buy. Save that money toward the Rolex. If need be, buy a used model and have it
refurbished.

2) Whenever possible, pay cash.
Don't rob Peter to pay Paul. Avoid credit cards like the plague; interest rates
eat up discounts. Buy what you can afford.

3) Buy for YOU, not someone else.
If you look long and hard enough you will find someone in TZ, or somewhere else
who will criticize your choice no matter what it is. Buy for you, not to impress someone else.

4) Consider the movement.
Consider the movement in the watch. Shoot for in-house or fine base calibers like the Zenith El Primero, Piguet, Lemania, Venus...but don't buy a style you
don't like simply because the movement is a great one. You can't wear a watch
inside-out.

5) Consider the manufacturer.
There are great ones to choose from but never buy just because of the name!
Patek is considered one of the finest, if not the best manufacturer out there.
But if you don't like the designs, don't buy one!

6) You won't become the watch.
The watch won't change you. It is a watch. Einstein had a Patek, Hemingway
wore Rolex and Omega. If you buy a Patek it won't make you a genius, and neither
an Omega or Rolex will improve your writing.

7) Size matters.
Large watches are a fad and a style. Some really look good. Consider your wrist
size because a really oversized watch on a small wrist looks sloppy. If you do
buy a large watch, make sure your shirt cuffs will fit over it. You don't want
to have to redo your wardrobe to fit your watch!

8) Get Insurance.
You will sleep better.

9) There is always going to be a better deal.
Shortly after you make a purchase, you will spot that exact same model selling
for less. It is one of life's little jokes. Don't let it bother you.

10) Keep in mind that salespeople are usually only objective about watches that
they sell.

11) The journey can be more fun than the destination.
Shortly after a purchase you may experience a let down. Let it pass, it's normal.

12) If it is broke, fix it.
To err is human. It is better to fix a mistake than try to live with it. If you
really aren't happy with a purchase, get rid of it!

13) Consider color.
All stainless steel, all white gold, all platinum with a bracelet goes with
everything. With a black strap, almost everything.
18k&black strap is dressy. 18k&brown strap is elegant but more casual, and
looks good with browns, tans, blues, yellow, green, and sometimes even gray.
White dials are dressier and easier to read, black dials are more cool and sporty.

14) Accuracy is relative.
Your self-winding watch isn't as accurate as your quartz. However it can be 99%
accurate. Off by just a few seconds out of over 80,000 each day is pretty amazing.

15) Take care of your good watches.
Get them serviced, keep them clean. They'll last longer than you will.

16) This is want, not need.
No one ever needs a luxury watch, this is about want. If you ask yourself, "do
I need this?" the honest answer is always, "no."

17) Never buy a watch as an investment.
Some watches will retain value, most don't. The watch that actually appreciates
in value is unique and chances are it will be your grandchildren who benefit,
not you.

18) No one watch will statisfy you completely. There is no single definitive model.

19) The more you know, the less you need.
A collection of 4 exceptional watches is better than a collection of 10 mediocre
ones.

20) Only engrave if it is a special gift.

21) Buy what you will wear, not for an occasion.
Don't run out and buy a dressy watch for just one special night. You probably
have one you can wear that will be just fine, or don't wear one at all.

22) Wear it.
If it has been two months since you wore it, you don't really like it. Get something you want to wear.

23) Limited is usually a marketing term.
Limited to 5,000 pieces is not limited. Limited to 2,000 isn't either.
Really limited is 30. Or 10. Or one.

24) You don't have to justify to anyone except yourself.
Someone will someday say, "you paid that much for a watch!!!" You are not obligated to explain, and they won't understand anyway.

25) Don't look at the Patek on the other guy's wrist and be envious. Look at the
watch on your wrist and be happy. Don't judge anyone by the watch they wear,
including yourself.

Source: http://forums.timezone.com/index.php?t= ... 1027&rid=0
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codguy
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Re: 25 rules for collectors

Post by codguy » April 22nd 2022, 8:23am

.
Sound advice listed.

I do have a issue with #23- I would raise the limited edition cap up to 1,000 (cuz that is what my latest wartch is :mrgreen: )


Would add:
26) Don't purchase watches just so you can visit with the delivery guy/gal, enjoy the exhilaration of fondling the new bauble(s), to post them up on the web then quickly flip them on forums/ebay. This does not make you a watch collector.
.



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Nuvolari
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Re: 25 rules for collectors

Post by Nuvolari » April 22nd 2022, 11:49pm

2) Whenever possible, pay cash; &
17) Never buy a watch as an investment. Some watches will retain value, most don't.

NUVOLARI SAYS: No, duh, Rainman. Those are two different sides of the same coin. Regardless, don’t ruin the exciting surprise for all those very clever former-‘Day Traders’ and retired time-share sales professionals who - this time, for sure - have figured out the market psychology and are now enjoying tremendous success because those losses are just on paper - and, by the way, do you accept Diners Club?


18) No one watch will statisfy you completely.

NUVOLARI SAYS: “Annoyingly true and, really, analogous to life, in general. There is no perfect woman, there is no perfect lap, and there is no perfect watch. Although, if you try just a little bit harder… I mean, who knows, maybe? Probably, In fact, Imma try again because THIS could be the one - it’s different, you know? I can really feel it, this time,”


26) Don't purchase watches just so you can…. …post them up on the web then quickly flip them on forums/ebay. This does not make you a watch collector.

NUVOLARI SAYS: “You damn right. In most cases you’re simply masquerading as a collector while actions demonstrate you to be more of a wholesaler/broker/vendor.

It’s okay to make money - but true enthusiasts’ collective annoyance is particularly pronounced when your only participation is driven by the opportunity to quickly make an extortionate amount MONEY - you know, by wait-list fraud so you can pay retail and then try to double your ‘investment’ by pedaling it [Rolex Kermit?] all over the innerwebz. More likely than not, you’re also stringing along three different buyers - two who have given you deposits - knowing you have only one watch for sale.

Like the guy who spins a great story about how he and his sone are going to restore the low-mileage barn find (M471) Carrera RS to compel the widowed grandma to sell it for for peanuts when in reality the plan all along was to flip it for top dollar at Barrett-Jackson. Not cool man.

I don’t know... We all gotta eat - but over the last couple of years the degree gouging by Johnny Comelately (you know, ‘the blogger’?) is egregious.

Of course, I’m not objective because I’m emotionally and sentimentally involved with certain mechanical objects. And while value is also in the eye of the beholder it completely sucks when prices are perhaps close-to-reasonable, maybe even justifiable, but then fad or fashion creates scarcity and, consequently, hoarding, which pushes prices to ridiculous.

Why, yes, stainless steel Submariner prices are a good example, thanks for thinking it.”
”Russian Warship - Go Fuck Yourself!”
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Thunder1
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Re: 25 rules for collectors

Post by Thunder1 » April 23rd 2022, 5:24am

Nuvolari wrote:
April 22nd 2022, 11:49pm
2) Whenever possible, pay cash; &
17) Never buy a watch as an investment. Some watches will retain value, most don't.

NUVOLARI SAYS: No, duh, Rainman. Those are two different sides of the same coin. Regardless, don’t ruin the exciting surprise for all those very clever former-‘Day Traders’ and retired time-share sales professionals who - this time, for sure - have figured out the market psychology and are now enjoying tremendous success because those losses are just on paper - and, by the way, do you accept Diners Club?


18) No one watch will statisfy you completely.

NUVOLARI SAYS: “Annoyingly true and, really, analogous to life, in general. There is no perfect woman, there is no perfect lap, and there is no perfect watch. Although, if you try just a little bit harder… I mean, who knows, maybe? Probably, In fact, Imma try again because THIS could be the one - it’s different, you know? I can really feel it, this time,”


26) Don't purchase watches just so you can…. …post them up on the web then quickly flip them on forums/ebay. This does not make you a watch collector.

NUVOLARI SAYS: “You damn right. In most cases you’re simply masquerading as a collector while actions demonstrate you to be more of a wholesaler/broker/vendor.

It’s okay to make money - but true enthusiasts’ collective annoyance is particularly pronounced when your only participation is driven by the opportunity to quickly make an extortionate amount MONEY - you know, by wait-list fraud so you can pay retail and then try to double your ‘investment’ by pedaling it [Rolex Kermit?] all over the innerwebz. More likely than not, you’re also stringing along three different buyers - two who have given you deposits - knowing you have only one watch for sale.

Like the guy who spins a great story about how he and his sone are going to restore the low-mileage barn find (M471) Carrera RS to compel the widowed grandma to sell it for for peanuts when in reality the plan all along was to flip it for top dollar at Barrett-Jackson. Not cool man.

I don’t know... We all gotta eat - but over the last couple of years the degree gouging by Johnny Comelately (you know, ‘the blogger’?) is egregious.

Of course, I’m not objective because I’m emotionally and sentimentally involved with certain mechanical objects. And while value is also in the eye of the beholder it completely sucks when prices are perhaps close-to-reasonable, maybe even justifiable, but then fad or fashion creates scarcity and, consequently, hoarding, which pushes prices to ridiculous.

Why, yes, stainless steel Submariner prices are a good example, thanks for thinking it.”
+1...
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Ebels are a lot like women that lack a low cut dress that zips up the side...neither get the love that they deserve...
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