Monday, August 22, 2011

If I Had a Million Dollars… I’d Buy This Watch!

While you have likely heard about luxury watches and the expensive price tags that come with them, some of them are still unbelievable when you get an idea of what it takes to buy one. If money were no object, though, such as if I had $1 million to spend, then I would get the most amazing watch I could find.

Front and Back Dials
The Vacheron Constantin Tour de I’lle is the name of this high-dollar watch, and one that most people will never get the chance to see or to own. Still, if you want to consider what you could buy if money was no object, this is one covet.

While the cost of the Tour de I’lle may seem very high, it all begins to make sense when you learn that there are only seven of them in the world. That is quite a unique feat in this mass produced world. The cost has to do with the rarity and the complexity of making this fine luxury watch. It is the most complicated double faced watch ever created, requiring almost five months to make and over 834 parts.

You will find that there are plenty of collector watches out there that have fetched several million dollars on the market. For example, one that sold for $4 million in recent years was the Patek Philippe Platinum World Time. It set for the record for the most expensive record ever sold at auction. The rare elements of the watch and the high demand for it from those with large pocketbooks made it a great investment for the seller.

Of course no one needs a watch that costs $1 million or more, but this watch is more of a status symbol than anything else.  Since a great deal of people will never even make $1 million, owning a watch of this caliber says that you are successful beyond measure.  It’s a nice problem to have, wouldn’t you say?

Perhaps one day I may have $1 million to buy this watch. Until then, I will continue to be an avid watch collector and watcher. I’m sure that I’ll find what I am looking for without that high price tag. Watch collecting is certainly an expensive hobby, and for now my collection pales in comparison.

The fact that over time the older watches that I have will be worth more and more is exciting. Perhaps one day you will see me online, able to sell one of my watches from that collection for $1 million. Still, I have to admit I may want to hold onto it. The idea of owning such a watch would be more fascinating to me than the pile of cash it could bring my way!

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