5 Mistakes I Made While Collecting Speedmaster Watches

kelsey · Jun 17, 2020

The main way I stay sane in anything I buy, is simply, to never consider personal use items as an investment.
If spend say 10k on a watch I consider the currency spent.....gone....I converted into something I enjoy and consider worth it.

People seem to have little understanding of what currency is, currency is just a language it’s not real, it has no value in itself, it’s only value is communicating the value you work for so you can convert that value into your needs and in this case wants.

Nowadays people seem to understand the price of everything but the value of nothing.

EricCsN · Jun 17, 2020

Robert-Jan
Yes 😀 I am still bummed I missed out on the 45th anniversary Apollo 11 model in titanium & Sedna gold. I ordered one (too late) via Omega in my country and they promised me one, but ... still waiting ;-). I said no to a number of them offered to me as I wanted to wait on the official channel. Well, my contacts improved since then and it was a wise lesson learned. Now I just order one right away if I see something I really like.

The Gen 2 is one high on the list here as well. I gave up on the mint condition part, but I do want a complete set.

shucks I am still on the trail on the 45 A A11 from OB for gold and for steel !!

Capt Cave Man · Jun 17, 2020

kelsey
The main way I stay sane in anything I buy, is simply, to never consider personal use items as an investment.
If spend say 10k on a watch I consider the currency spent.....gone....I converted into something I enjoy and consider worth it.

People seem to have little understanding of what currency is, currency is just a language it’s not real, it has no value in itself, it’s only value is communicating the value you work for so you can convert that value into your needs and in this case wants.

Nowadays people seem to understand the price of everything but the value of nothing.

Yes, yes and yes.

I have always collected things and these days it's either the original Star Wars figures, cars or watches, I have worked hard to be able to afford a number of small luxuries, one of them being watches as wants, not needs.

The value I perceive is in the work to obtain them and enjoyment of looking down at my wrist whilst wearing and from day one of ownership I'm creating (or continuing) their history to pass on so the kids will have something else to cherish their grumpy old dad by... or to sell as I won't be around to moan about it...

RonJ · Jun 30, 2020

That was an interesting article.
Another mistake to avoid is "never sell something that you'll want to own again in the future".
This can be true with Speedmaster watches and other things such as cars and motorcycles.
This has happened to me several times in my life.

I just replaced the 144.022-69 watch I used to own with a 144.022-68 watch.
And, I did it with a Norton 850 Commando motorcycle that I sold in the late 1990s.
And, I search eBay every now and then for a 1977 VW Scirocco like the one I used to own in the early 1980s.

It is easy to fool yourself that you'd like the money for something and that you won't miss it.
But then, you see someone else who has something similar and you want the item all over again.
.

Martin_J_N · Jun 30, 2020

Never regretted selling anything, apart from my Nikon FA and 50mm lens which I sold many many years ago to buy the latest whiz-bang model from Nikon, last year I bought a secondhand FA for considerably more than I paid for it initially, great to have it back albeit an expensive purchase.

backpacker1040 · Jul 1, 2020

Enjoyed that article quite a bit. Caused me to reflect on my mistakes over the years. Thankfully, there were only a few, but noteworthy nonetheless.

5 Mistakes I Made While Collecting Speedmaster Watches

kelsey

EricCsN

Capt Cave Man

RonJ

Martin_J_N

backpacker1040

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