Why do the precious metal models lose the most value?

[DWdrummer]

Im confused here a bit. I know the sport models rule for popularity. I just dont get how the models with the most intrinsic value, which is that of the weight of their precious metals fall the fastest and hardest. I hear they are also more heavily discounted when purchased new as well. Why is that?

Lets face it, we all LOVE Rolex watches or we wouldn't be here. However a sport model while all in house made is still only stainless steel. Albeit very high quality stainless steel, but stainless steel none the less.

Now you take a YG Day Date, and its what? 4.7 troy ounces of 18K gold. At today's prices at scrap weight its worth about $5-6k USD for scrap alone.

Platinum is even heavier, I think they are 200+ grams of .950 Platinum goodness. I know we are not paying for just the precious metal value in sheer weight, cause its a lot more than that, that these models all cost even pre owned.

Anyway I was wondering about all this tonight.