Unless anyone shows up to say the expression was devised by Dr Johnson/ST Coleridge/Mark Twain/GB Shaw, I think maybe it's a little contrived, and doesn't really stand more than short scrutiny. Although we do sort-of know what is meant.
No.
I guess a lot of collecting activities are as follows. Think of a Venn diagram with a lot of circles, and a lot of overlaps. There are hoarders, traders, speculators, "investors"
, heirloom-makers, braggarts, playboys, scholars, completists, horologists, engineers, aesthetes... you get the picture. Most of us have been a few of these over time, and at any one time. Some folks satisfy whatever objective with many pieces, some with few; sometimes, only the best will do, sometimes OK is all you want. Some just want to wear their wealth, literally, and that's OK - but maybe watches aren't really their hobby...
End of sermon - the great thing is, you get to choose.
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