What time is it? Watches and horology

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Dammit in reply to @freddo

I don't understand the attraction of new watches.

Answering my own question, but Zenith are also getting up to this nonsense with their 146 heritage. New, around £6k, original around £2k.

Original Railmaster is £26,000, 2017 Railmaster is £3,600.

http://www.chrono24.co.uk/omega/2914-4-sc-vintage-2914-railmaster-on-bracelet-very-nice-25787--id6230323.htm

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freddo in reply to @Dammit
Original Railmaster is £26,000, 2017 Railmaster is £3,600.

If you buy a vintage watch it'll cost you around £0 to own.*

If you buy a new one it'll cost you the price that it depreciates. Assuming that over 5 years an Omega will lose about half its value that's about £1 per day to own.
- https://www.collectorsquare.com/en/watches/omega/railmaster/ref-omega-2914/lpi
Obviously things are a bit different once you adjust for inflation but even then you shouldn't lose money. Actually low inflation rates are one of the reasons that prices for vintage watches are high right now.

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