1926 Rolex Prices Reasonable EVEN ADJUSTED FOR INFLATION !!! |
See this video https://youtu.be/PCZMwsaefyk <- explains why ROLEX so expensive // I dislike the fact that you could buy a real Rolex in the past for a reasonable price that normal working people could afford; ~ a few hundred dollars.
Technically speaking, if we take 5.15 GBP in 1926, convert to USD its about $170 USD2022 for the silver one in the post image of 1926 ROLEX prices. Using the same method, the gold one would be around $340 USD2022 in 9-ct gold, and the 18-ct gold would be about $500 USD2022 / when accounting for inflation using this tool https://www.usinflationcalculator.com/ / certainly not cheap, but not luxury hyper expensive either // especially for the gold versions!
Calibre 3230 an impressive movement |
Yes, I know about the gold price history, government gold price regulations, the 1964 Brenton woods removal of the USD from the gold standard & other related factors / like gold price speculation, the industrial & commercial & orinimental & jewelry uses of gold, especially as the premier reflector of infrared radiation as gold foil, the lining of the McLaren F1 engine bay utilized gold foil reflectors to keep waste heat from the huge BMW engine from damaging the polymer carbon composite (carbon fiber) materials in the body shell, speaking to the space frame or laminate layup vacuum autoclave manufacturing method with thousands of pieces of cut pre-embregnated aerospace grade carbon fiber laid up into machined metal jigs, aluminum molds, vacuum bagged into teflon bags, then pressure cooked in nitrogen gas for 6 hours, like many military helicopter parts, at high cost, slow tedious complicate composite manufacturing, that BMW cost optimized for the I3 production.
Yes, I am a technologist, technology enthusiast & fanatical obsessive over innovation & the history of science & technology, emergent STEM innovations, trending eco-friendly products, pollution reduction, renewable energy, advances in physics & chemistry & materials science like mass produced cheaper graphene & similar or super & ultra capacitors & improved lithium ion batteries!
New cars cost less than these overpriced "Swiss Made" "Perpetual" wrist watches, even if they are hermetically sealed automatics with exceptional movements, made with excellent precision in every component, a $10 quartz watch a more precise time keeping instrument & some cheap plastic quartz watches are waterproof to 100 meters, dust proof, water proof, weather proof, vibration proof, cold proof, oil proof, grease proof, sealed from changes of climate, that you can wear while bathing without injuring the robust cheap Chinese quartz movement or its silver oxide button cell, even if exposing the watch to arctic cold or tropical heat, the quartz watch movement was a unique advancement in chronometric science & perfected time keeping; not miniaturized snooty pocket watches made for glib arrogant money flexers who want a status symbol riding on their wrist.
While I would be honored to wear a real ROLEX and happen to live in an area where that would not even stand out, I would never pay what they cost, not even for the $1000 super-clones. My first cool watch an Invicta Grand Diver 3044 sporting the 24 Jewel NH35A automatic movement, for ~$100. People who see me wearing it, think its an actual ROLEX diver watch, since thats the style. I explain & tell them the price & many of these people went online & purchased a similar Invicta after talking to me about it! Your welcome Invicta! Thanks for selling dope watches at reasonable prices!
I actually really like ROLEX as a brand & their high quality automatic movements & really made bands & watch cases, no doubt they are exceptionally well made, but the price does not make rational sense. Even if I had billions of extra cash, I would never pay ROLEX what they are charging for their wrist watches, especially when I can buy an OMEGA that is better in every regard for %90 less, or my daily a ~$200 Seiko 5 with gleaning metallic orange dial & diver style hour markers with lume that glows-in-the-dark with phosphorescent paint, just like the luminous hands for the hour, minute & second, that are spun by the exceptional 24 Jewel 4R36 automatic movement!
Today, during the fourth industrial revolution, we can mass produce high precision devices, like Glock pistols, using computer numerical control machines or CNC metal machining of the parts. A Glock 19 made of parts machined with CNC; I think all of the 34 parts are machined, even the composite Nylon 2 grip & lower! High volume manufacturing means that exceptional precise things can be made cheaply! Glocks are high profit margin pistols with excellent gross margins such that Gaston Glock now a billionaire! There is an excellent book about the history of the Glock empire, how Glock's money cleverly moved around to avoid taxation & similar!
Look at iPhone's mass produces or even just computer chips, integrated circuits mass produced by Intel or TSMC using ASML lithography hardware machines that take months to ship from the Netherlands, and months more to setup & configure, that cost billions of dollars, not including the cleanroom where their are utilized to make computer chips from large single crystal silicon doped with ions & then layer modified with light from machine nickel masks, to edge with phoqtopolyerms & chemical & physical vapor deposition of copper connections, to make a 3D interlinked highway of wires & billions of transistors into a system of systems called a CPU, GPU, SOC or similar high complexity integrate circuit.
Chip Fabs use ultra-purified water to clean between fabricating stages by rinsing the big silicon wafers that are subsequently exposed to hundreds of processing stages to turn the wafer into LED's or chipsets or other integrate circuits like EPROM or ASIC or imaging CMOS or similar microbolometer arrays or synthetic aperture radar chips or any range of other digital signal processing chips, analog chips, ADC or DAC chips, autopilot chips, artificial intelligence chips, single processing chips, al matter of different kinds of compute chips in smartwatches or IoT devices, smartphones, tablets, laptops, desktops, servers, cloud computers & especially modern automobiles with self driving or autonomous driving modes or any of many different ADAS or advanced driver assist functions, such that most current & future automobiles have more than 100 different DC electrically energized compute modules, like the engine control unit or ECU, those for ESC or VSC or AEB, or LKA or similar safety oriented digital control enhancement technology, like those used in the Da Vinci surgical robot system that correct surgeon input errors in real time or any of the FDA approve excimer lasers used in LASIK vision correction surgery ( see https://www.fda.gov/medical-devices/lasik/list-fda-approved-lasers-lasik )
You must decide on what wrist watch fits your budget & style. Wearing a wrist watch not really about being able to tell what time it is at a glance, its more a fashion accessory that was once only popular with women. Men at that time thought pocket watches were the cool thing to sport EDC. In order to sell a complicated wrist watch, the watch maker has to perform ideological inception on the buyers mind, somehow convincing the buyer that this "new" watch or "special watch" will make them more of a person, a better man, happier, and if the buyer is superficial & vain then perhaps a special watch will make them feel a little better, for a while.
But what if the "Want" for a Rolex Oyster more than the "Have" and what if you go down the road & shell out whatever it costs to get one, then are you actually willing to wear it? Are. you going to pay to store it in a safety deposit box with your passport & an a composite pistol with plastic bullets that cannot be detected by CT scanners at airports, some small gold & platinum bars for interexchange into local currencies, an android smartphone turned cold off with its battery removed, a battery bank, tactical knife, pen, notebook, cutting wire, flashlight with lithium irondisulufide long life primary energizer battery. Are you a spy killer on a mission & can you actually afford such a contrivance?
Would your same capital perform better in another kind of investment to pay you back more in the future, like a high dividend income stock? Are you flexing your money to feel better about yourself? It must be some kind of psychological thing, because no one needs or actually wants a very expensive wrist watch. What people want is to feel genuinely loved, cared about, connected to their family, part of their commented, with a sense of meaning & purpose that cannot come from buying stuff, especially not overprices luxury goods when things that are better quality at lower prices can serve the same purpose, even as an object of displaying wealth.
Time is the universal currency in a world where people die in such short lives of temporary pleasures, nothing lasting forever. Especially given that the world is in urgent need of help, to rescue mankind from harming itself & making life worse for everyone in the future! Certainly overprices ROLEX wrist watches will not make the future a better place, I don't even think they will make anyones lives better either! I think what ROLEX charges for the wrist watches they product, when not a single one is an actual original & most of them are mass produced & could be sold profitably at much lower prices, just like the better quality similar OMEGA watches, also automatic's made in Switzerland. I seriously think the automatics made by Seiko in Japan are better quality, since they never need servicing & last for decades & sell for prices that normal people can afford!
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