Collector....compulsive...addict?

[Ichiran]

I have spent a lot of money on watches which could have been spent on ... oh wait, I will still be spending on other material goods...

[noshake]

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[noshake]

I'd like to stay within the 50k-75k range. 4-6 watches. I dont plan on buying in 2020.That being said if something I like is released at Basel this year .

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[davidb]

I try to offset my "addictions" with financial contributions to my community. I'm in a very fortunate place in my life and I like to "share the wealth". Life is good.

[FinWatch]

Originally Posted by davidb

I try to offset my "addictions" with financial contributions to my community. I'm in a very fortunate place in my life and I like to "share the wealth". Life is good.

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[garyk]

Originally Posted by davidb View Post
I try to offset my "addictions" with financial contributions to my community. I'm in a very fortunate place in my life and I like to "share the wealth". Life is good.


Of course. I’ll bet a lot of folks here are in a similar position. Well said!

[rockdrock]

Originally Posted by davidb

I try to offset my "addictions" with financial contributions to my community. I'm in a very fortunate place in my life and I like to "share the wealth". Life is good.

Bravo. I need to do this.


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[DJTOSUB]

Originally Posted by SilverFoxUK

It cost a lot but, you're getting the sought after models so you can justify the spend... it's a win win. If you had to sell them all for some reason, you'd break even at least.

This is a major reason why Rolex demand is so strong.

What other luxury goods can you buy and enjoy with "seemingly" no financial downside?

[minhc88]

Any one here pushing close to 25% of their net worth on watches? YOLO mentality

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[AK797]

Once you get to 3 or 4 it's best to have a 1 in 1 out policy so you really scrutinize if you really do want that other watch.

[datejustrms]

Originally Posted by AK797

Once you get to 3 or 4 it's best to have a 1 in 1 out policy so you really scrutinize if you really do want that other watch.

Absolutely

[daOnlyBG]

I think the compulsory buying becomes a bad habit or "addiction" if you take more pleasure in buying the watches rather than appreciating them for what they are.

It's one thing to hunt down a specific Submariner reference that you've always wanted with just the right amount of faded lume. It's another to gawk after the new Daytona after you had just purchased the five previous releases, and when someone asks you to explain why you like the new one, you bring up the most shallow reasons possible.

[Verdi]

I relate to that, I am not wealthy......the solution is to have less watches. If you want a Patek, sell 2-3 Rolexes that you have.
I personally keep only 2-3 watches.....and a few inexpensive vintage pieces.

You can only wear 1 watch at the time. I would love to have so many other watches but I like to be sane and keep my "collection" small for a reason.

[101031-28]

Yep, started with one, a 5513 in 1989, the number has continued to increase over the last 30 years

[Rebel]

Wis

[ap1]

Originally Posted by Rebel

Wis

[Nikrnic]

I only buy what i want and love and never once bought anything to climb an ADs ladder. The only mistake I've personally made was thinking i needed an Omega and therefore took a bath.

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[alphadweller]

I currently have 12 watches in my collection (too many) and 5 pieces on my radar, but I won't pull the trigger. The reason essentially is because a little voice inside my head reminds me I have limited resources, two young kids I'd like to send to college in a few years and a mortgage to pay. So I try to focus more on what I already have and less on what I don't. I also tell myself the chase is better than the catch.

[Sunstreaker]

I have 5 in my collection that I've acquired over 15 years (subdate, tudor gmt, pam000, speedy, z-blue) ... so hardly would be considered an addiction at this point I think. I did rotate out another Omega to make space for one of the above.

Then again, 2 of those 5 were in the last 8 weeks and 4 more inbound this year .... hmm.

[PhilLynott]

I can see it definitely getting out of hand for some people and honestly I'm the type of personality that could be in that group of people so I'm careful with myself. I limit the total amount I have tied up in my different collecting hobbies so when I add something needs to leave. Honestly that amount is probably still too high and at my age I'd be better off putting more of it away in a long term investment, but it scratches my itch and I get a ton of enjoyment out of it so I think it's a fair balance/trade off...so long as I don't convince myself to up that number :D

[tacotaco]

I have bought a luxury watch every year for the past 5 years....I’m getting to the addiction level.

I am consciously taking a break from online watch sites and forums



But after Basel 2020


Hehe

[SilverFoxUK]

Really great responses from everyone....THANKS...it is valuable to get your insights, and I feel less isolated in my obsession. I think downsizing is my strategy for the future... as someone said though, it is a bit like which one of your children/pets etc do you love the least... always going to be tough...

[Mobert19]

I like the Chrono24 app where you can add your watches and see their values (and how much you spent). It gives you a nice fat total which keep me in line. Your mileage may vary.

[GT23]

Rolex (or watches in general) can be quite addictive.

After pulling of a long break in buying watches, a Rolex 16600, Pam000 logo and B&R Orange, the adrenaline sets in again after a few visits to ADs and of course, TRF.

Started the journey again recently (since Oct 2019). Secured a Tudor Northflag, Tudor GMT (leather and bracelet), BB S&G, BB58, DJ41 Wimbledon dial/fluted/jubilee, OP39 white dial, DJ36 white roman dial/fluted/jubilee (for wife) and now waiting for SubND to come sometime next week or so. Bank account shrinks a bit but the feeling of owning these pieces and looking at them on my wrists is pretty priceless! :D

[logo]

Originally Posted by GT23

Rolex (or watches in general) can be quite addictive.

After pulling of a long break in buying watches, a Rolex 16600, Pam000 logo and B&R Orange, the adrenaline sets in again after a few visits to ADs and of course, TRF.

Started the journey again recently (since Oct 2019). Secured a Tudor Northflag, Tudor GMT (leather and bracelet), BB S&G, BB58, DJ41 Wimbledon dial/fluted/jubilee, OP39 white dial, DJ36 white roman dial/fluted/jubilee (for wife) and now waiting for SubND to come sometime next week or so. Bank account shrinks a bit but the feeling of owning these pieces and looking at them on my wrists is pretty priceless! :D

All that in 3 months qualifies as full blown relapse.

[GT23]

Originally Posted by logo

All that in 3 months qualifies as full blown relapse.

I think so. Need to visit a doctor to treat this relapse.

[APPRF]

Originally Posted by GT23

Rolex (or watches in general) can be quite addictive.

After pulling of a long break in buying watches, a Rolex 16600, Pam000 logo and B&R Orange, the adrenaline sets in again after a few visits to ADs and of course, TRF.

Started the journey again recently (since Oct 2019). Secured a Tudor Northflag, Tudor GMT (leather and bracelet), BB S&G, BB58, DJ41 Wimbledon dial/fluted/jubilee, OP39 white dial, DJ36 white roman dial/fluted/jubilee (for wife) and now waiting for SubND to come sometime next week or so. Bank account shrinks a bit but the feeling of owning these pieces and looking at them on my wrists is pretty priceless! :D

I smell a plan for establishing AD buying history. Perhaps more Rolexes SS on the way. Definitely a full blown relapse.

[GT23]

Originally Posted by APPRF

I smell a plan for establishing AD buying history. Perhaps more Rolexes SS on the way. Definitely a full blown relapse.

Initially that was the plan to journey with the AD. But the Tudor watches are simply marvelous as well as the OP and DJ! Smitten again and like those young and dangerous days! Lol

[red1108nyc]

Everything has a limit. We know our own limit best.

[Maxy]

Originally Posted by red1108nyc

Everything has a limit. We know our own limit best.

People who are addicted can't know and that's why they need to be shown mirror!