Are we as a community too focused on value retention?
With what seems like about 1/3rd of the most recent threads being about whether X will hold its value, whether X will drop or increase in value, I've started to wonder as a community, have we become too hyper focused on value retention at the expense of our enjoyment of our watches, and other pieces we may like, but won't buy because we will take a bath on them.Plenty of things we enjoy in this world lose some (or all) of their value once enjoyed. Cars are a good example. Furniture, clothes, etc., all of that stuff practically plummets once used even one time. But we buy them because we enjoy (or need) them. And why should watches be any different? Why are we as a community seemingly so fearful of losing even a penny on what we pay for watch? Yes, I get that they are a luxury good, and that it's not a great feeling to lose money on something we've shelled out dearly for, but again, there's lots of luxuries where we spend money, enjoy thoroughly and have no residual value to show at the end for it.I will admit that I myself am completely guilty of a hyperfocus on value retention. Clearly through my collection, I have only bought pieces that I (and many others) will agree hold their value, and all have increased in value since I've bought them. There are many other pieces from brands like IWC and Vacheron that I would love to own, but I would never touch because of their poor resale value and illiquid markets. And that hyperfocus also leads me to arguably, enjoy my watches less, as I am afraid to scratch or rough up my pieces, or take all the plastic off, all in the aim of retaining their value. I feel more like a watch speculator more than a collector at this point.I will also admit that I would probably change my buying habits drastically if the watches I had didn't retain their value - I would think a lot more carefully and do a lot more due diligence before pulling the trigger, whereas I'm dropping thousands of dollars in a split-second decision because of that safety net. And to that end, it's allowed me to cycle through a number of pieces to really nail down what I like in a watch, as even hours in an AD can only tell you so much.
Rating: AAA Hight Quality Swiss Movoment Watches
[Rating:(5 / 5 stars)]
