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10 August 2014, 11:30 PM | #1 |
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New Money vs. Old Money
It's clear that new money guys buy more expensive watches, I was in Starbucks on Friday morning and while waiting in line I saw a SD, TT Sub and DJ, thank God I was wearing a Tudor
Then at lunch, I counted 4 more while in a small upscale eating place, so I started keeping count on my phone and through last night 23 Rolex's have been spotted...... Scottsdale is a new money town. |
10 August 2014, 11:32 PM | #2 |
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I spent some time in Scottsdale a couple of months ago and I agree. Plenty of new money flowing there. I think I saw more Ferrari's there then anywhere in SoCal.
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10 August 2014, 11:32 PM | #3 |
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Those with old money don't buy a Rolex?
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10 August 2014, 11:34 PM | #4 |
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Well you can count me as a new money guy- I've got a tt sub.
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10 August 2014, 11:34 PM | #5 |
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It is hard work to pick rich parents and grandparents, called Old Money. It is easy to start from humble conditions and work your way up. New Money.
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10 August 2014, 11:35 PM | #6 |
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I'm in a no money town.
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10 August 2014, 11:35 PM | #7 |
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10 August 2014, 11:40 PM | #8 |
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10 August 2014, 11:43 PM | #9 |
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10 August 2014, 11:43 PM | #10 |
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Not many Daytonas in Canada!
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10 August 2014, 11:46 PM | #11 |
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Lots of old (mostly oil) money where I live. Went to a very casual birthday party on friday night, lots of old money around. One guy there was a billionaire, who had no watch on. Kinda surprised me. I didn't see any Rolex there, but honestly wasn't looking as much as I normally would. Not sure why, but I blame it on all the kegs. When I looked at the guy worth over 1B, my only thought was how many watches I'd have if I was him haha.
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10 August 2014, 11:48 PM | #12 |
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I have no money since I spend it all on Rolex watches
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10 August 2014, 11:52 PM | #13 |
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10 August 2014, 11:55 PM | #14 |
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Most new money guys I know buy AP, old money normally Rolex.
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11 August 2014, 12:03 AM | #15 |
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I didn't know this
I'm niether but own a rolex
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11 August 2014, 12:08 AM | #16 |
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New Money vs. Old Money
I don't think there's much of a correlation to be honest. I've been in old money towns and seen some pretty incredible watches. It just so happens that this is an expensive hobby so usually more money = more watches just like more money = more cars boats etc
Funny!
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11 August 2014, 12:26 AM | #17 |
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What the hell is new money guy.
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11 August 2014, 12:27 AM | #18 |
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11 August 2014, 12:40 AM | #19 |
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I don't know, never really knew any old money folks. Bit depending on the area you are in there can be a lot of nice watches. Used to live in a fairly affluent area and everywhere you went there were nice watches, mainly Rolex. I would count around 30 a day when I was paying attention.
Now I love in a less flashy area and don't se all that many. Now that I don't see as many they don't seem as common and I want one more for some reason. When I saw them everywhere I had little desire to own one...weird...I guess it is just part of the "uniform" in certain circles, as I know because many are not in least knowledgable or interested in watches. I have made quite a few mistakes on trying to talk watches with a few. |
11 August 2014, 01:28 AM | #20 |
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The old money friends that I have, the men wear Patek and the women wear Cartier with diamonds, usually. No AP's and few Rolex's
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11 August 2014, 01:44 AM | #21 |
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Money is money... unless you only deal in gold. That's what I call "old money"!
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11 August 2014, 02:15 AM | #22 |
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I'm not big into categorizing people...
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11 August 2014, 02:17 AM | #23 |
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11 August 2014, 02:27 AM | #24 |
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All of America is new money as far as some old boys are concerned.
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11 August 2014, 02:29 AM | #25 |
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11 August 2014, 02:31 AM | #26 |
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11 August 2014, 02:37 AM | #27 |
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New Money vs. Old Money
I hope everyone is fortunate enough to have a coffee shop better than Starbucks in their home town. That's all I have to add here.
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11 August 2014, 02:44 AM | #28 |
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!
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11 August 2014, 04:19 AM | #29 |
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11 August 2014, 04:30 AM | #30 |
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