What time is it? Watches and horology

Thanks for the offer. The question was just out of curiosity because I heard of someone buying watches as a retirement plan.

A brief work trip to Lodz.

Christopher Ward to leave Christopher Ward

I heard of someone buying watches as a retirement plan

It's possible as part of retirement planning. Presuming you have other types of investment it might make sense to keep what is essentially cash to hedge against currency devaluation in the form of watches. They are easy to store and move around and there's an active market for them and people are willing to pay cash for them. Similar to gold in a sense but you can actually store it at home or wear it on your wrist without people asking you odd questions.

I doubt many actually go up in value over the course of a lifetime to make them a better bet than shares, but perhaps it's reasonably simple to pick ones that retain their value quite well and might go up if you are lucky. In a bind you could then quickly sell them to release cash or pass them on.

Unless you were very lucky they won't make you rich.To do that you'd need to pick the watch/es that everyone wants in thirty years time. Go!

☝️ Actual good advice.

Elon

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Got this delivery this morning. Wasn't expecting it for another few weeks. Pretty happy, $319 USD, sits nice and flat on the wrist. The strap is stiff as a board though. Will be changing to a black rubber strap of some kind.

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Any recommendations for a watch travel case/folio? (Not a box or watch roll)

Was looking at the Collected Man ones which are nice. The other option I’d been looking at is the DSPTCH Dopp kit. If there are better/nicer options than the dsptch or that aren’t as spenny as the ACM then that would be great 😬

Start, how many watches you looking to store while travelling? 1? 2? 20?

for 4 watches...

oops... read the opposite... not a box

The three different orientations of numerals in close proximity (40/40/20, 16/20/20) looks particularly awkward.

2 or 4 watches

This is the one I’ve been looking at

Two watches, considerably cheaper than that. Wolf do decent stuff

https://hamiltonandlewis.co.uk/products/wolf-2-piece-black-heritage-watch-box-99504?

Wolf is the brand to go for if you can afford it I believe....

Yeah I saw that, maybe need to see it in real life but the leather looked a bit cheap (could just be the pics). Will anywhere in town stock it?

I would think that it isn't leather (particularly not for £30). I have a couple of their watch boxes and they aren't leather but still look decent.

A fair few of the big watch/jewellery stores stock Wolf stuff but don't know if they'll have that one.

IIRC watches, unlike some other similar assets, don't attract CGT. A bit like wine. So there's that.

Personally my biggest worry would be market liquidity. If you're retiring in 10yrs I think you can be reasonably confident that you could easily sell a day-date or no-date sub for money. In 30-40yrs? Probably, but who knows?

If you have an edge in a particular esoteric investment, then it makes sense to exploit it, as you stand a chance of better multiples than one which you have no edge and is full of other punters. My bet is that 9/10 the people with good knowledge probably made a decent % on day one by buying under market value.

Anyone have the black bay harrods? I quite like the green but not bothered by the harrods connection really.

I have one @jv

Saw this on insta earlier on. I've no doubt they'll sell but despite the obvious amount of work that's gone into it, I think it looks fugly.

https://www.instagram.com/p/B8ZJscWnJE7/?utm_source=ig_web_copy_link

Complete shit

Long wait for it?

Let’s see some pics then

Tell me that wasn't a Rolex?

Jesus

What is that monstrosity?

Rolex?! Lol... Laugh they come after them