Reply to "Fine Watches"

quote:
Originally posted by snipes:
Are the days of traditional mechanical watches and craftsmanship winding down? I mean let's face it, a high percentage of sub $5k watches use purchased movements from Swatch that can't cost much more than $100.

Will the younger generation continue to prize the simple elegance in a single function mechanical piece of jewelry?

It remains to be seen what the millenials decide is still "retro cool" as they continue to mature.

At least to me, it is interesting to note that the values of vintage Rolex timepieces have mostly gone up in the past 5 years. Granted, that coincides with a drop in values post-Great Recession and an increase in value as the global economy improved. I guess my faith in investing many times over in a marquee brand that represents "old" technology has been rewarded (at least on paper).
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