Tom Whitwell
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Want the look of a digital watch with the cachet of a classical timepiece? Digital watches have been getting stranger for some time – at least in Japan, where crazy LED matrix watches come out every month. But, at the other end of the market, ultra-luxury manufacturers are creating intricate mechanisms to simulate electronics.
The Harry Winston Opus 8 looks like a Seventies LCD watch, but it’s actually hand-wound and mechanical, with the elements displaying the time pushed up by a tiny disc. Only 50 were made, from white gold, and they sold out fast. The price? Around £215,000.
De Grisogono dG Meccanico is another mechanical/digital watch that uses 651 components to create an LED-style display.
HD3 Compication Vulcania If the Seventies aren’t retro enough, but you’ve got £200,000, the HD3 Complication Vulcania was inspired by Captain Nemo’s submarine. It has portholes so you can spy on the biaxial tourbillon (a little spinning thing), and they’re only making 11.
More bonkers watches at the splendid Watchismo Times blog.
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"my watch was sold to meet the mortgage."
Well Andrew, I'm willing to bet you didn't get anywhere near what you paid for your Rolex. So, a pretty poor investment I'd say. My watch is more accurate and looks as good as a Rolex, and when I sell it, I can't lose more than what I paid for it - £50!
Gareth Towers, Bilston,
The rich don't put their money in a mattress. They either spend it or invest it. If the latter, it provides capital to sustain economic enterprise.
If they spend it, it's frivolous, or not. Who is qualified to judge? The resulting funds are spent again, providing jobs in a never ending chain.
KBK, Boston, USA
My mate Knobby, has a Rolex he bought from a bloke on a lorry. He has had it for 20 years now. Works a treat. He want to find out how much he can sell it for now. It's called a 'Gimmok', or something like that. It has a lot of dials and stuff in it and it runs from low-grade uranium. It's lovely.
Paul Jones, Skelmersdale, England
The industrial look is a bit unelegant; however the sheer uniqueness of the engineering, quality craftsmanship and choice of materials would have tempted me had the watch been at the top end of my pauper pocket so I can certainly understand how someone who had the money would dish out 215k!
Sadiq, London,
If you've earnt the money then spend it as you like.
As my friend said to me, when I bought my first Rolex, if your in dire financial need sell your watch.
When I ended up unemployed, my watch was sold to meet the mortgage. End of story.
I'd do the same again!
Andrew, Orpington, UK
Its amazing what goes into a watch, read the John Harrison story. Pity that so few people appreciate or understand the art of mechanics but then I guess thats why the production is limited Dr Jimmy. Strip out the VAT and sellers profit and you are left with its true cost = half of the asking price.
Clive, Notts, England
Excellent little device, I'm heartily in favour of rich people being parted from their money.
Tony Collins, Redruth,
Which only goes to prove the saying "If you can make it, someone will buy it"
Harry , Leiceater,
There's no mystery about how a watch can cost £215,000. Give me a pricing gun, and I'll show you! The harder question is whether a watch can be worth £215,000; and I would say the answer is "no". But nowadays more and more buyers are just spending money to show they can.
Tom Welsh, Basingstoke,
Because there are people who would pay it. Could these people be that same ones that consider it essential to own a 2-ton 4x4 when you live in a Sussex village?
Brian, Oxford,
Just goes to prove you do not need taste when you have money! A watch should look classic and tell the time. These fail magnificently to do either well.
Paul Davis, York, uk
Unique pieces of craftsmanship. Absolutely amazing. I wish I could afford any of them, and am glad some people can. They help keep rare skills alive that create these unique pieces.
Oscar, London, UK
People who spend more than (say) £50 on a watch buy that watch for reasons other than to tell the time. Similarly, those immature prats who 'must' purchase a Bentley car. Their problem is that when they get out of the car they have to open their mouths - and then we see they're a 'no-brain' twit.
Dr. Jimmy, Nottingham, England
Regardless of the price, it's an ugly thing to wear on one's wrist. And it clearly advertises its maker, another blunder. If it's a retro watch that's needed, give me a square Boucheron in pink gold from the mid 60s/early 70s - perfect, and with no vulgar logo!
David Cunard, Los Angeles, United States
Why not? It makes some people much more important if they can park 5-years of a reasonable salary on their arms. Heck, why is oil $135/bbl?
Jim P, Sacramento, California
It for the insignificant to waste money on. As you grow older you will realise there is a whole section of the community intent on parting you from your money, and trying to get it into their pockets. After all you can get the time on a £10 timepiece!
David Vinter, Louth, Lincs., UK.
There are a lot of ways to spend huge sums on a watch and lose money. There are also intelligent ways to spend huge sums on a watch which will be an appreciating asset as any Patek Philippe owner will tell you.
Subir, London, UK
Your life would have to be so empty to even contemplate spending so much on a bit of glorified tat
Please, if you're ever tempted to spend on something like this, walk into your nearest Enterprise centre and give the money to someone who can do some good with it like start a business.
Phill , The Wirral, England