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Old 4 March 2009, 10:26 AM   #31
watchmaker
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Join Date: Feb 2009
Real Name: Scott
Location: London
Posts: 2,242
How can anyone say that in an economy that is as bad as it is, if a dealer is making 40%, then he can afford to drop 25-30%? I was accused of being ignorant to how the market works on this forum, but I must be honest and say that this (other than being wrong) completely devalues the product, and imo shows how much some people care for their watch. Sure there is profit to be made.
A high price puts your watch in a catagory where you dont walk into mcdonalds and get served by a 19 year old with a Daytona. If it is overpriced you shouldnt have bought it in the first place.

And I challenge any of you (excluding horologists) to take your $500 or $800 worth of raw materials and make ANY watch. Never mind a Rolex.

Infact, I challenge you to take an ETA 2892, strip it, clean it, assemble and oil it, and get it right. Sure a few might manage, but with one try i bet 98% of you will get it wrong, and probably break something.

Why break down the cost. I dont wonder how much I pay my lawyer compared to his actual cost.

Better yet, I read an artice which totaled the value of raw materials in a human being at £25, which is about $35. Kinda the same thing isnt it. Now you can put a price on a human life
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