4um: Turtle's $80 watch now worth $15.00

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Title: Turtle's $80 watch now worth $15.00
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Published: Mar 28, 2012
Author: Turtle
Post Date: 2012-03-28 13:52:04 by Turtle
Keywords: None
Views: 198
Comments: 8

Since high school I have always bought Timex watches. Then one day (I guess they've been made in China for a long time) I bought one and the stem pulled out that day.
So I bought an $80 Seiko quartz watch, which lasted 23 years until the stem pulled out. I had it repaired.
Yesterday it stopped running, so I had the battery replaced. It's got on of those screw-on backs that only a jeweler can take off. It cost $19. When I asked the jeweler how much the watch was worth these days, he said, "About $15."
Still, the watch has lasted me 25 years, so I plan on keeping it.
Gee, I thought the value of the watch would go up. I guess not.
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#1. To: Turtle (#0)
Quartz watches, back when you bought it, were the watch of the future, relatively new technology.
Like everything else electronic, the price has dropped through the floor.
You must have a nice one or it wouldn't even be worth $5.

TooConservative posted on 2012-03-28 14:55:12 ET Reply Untrace Trace Private Reply
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#2. To: TooConservative (#1)
Like everything else electronic, the price has dropped through the floor.

This is a high-end store. I was looking at the price of some watches...Gucci, etc. I thought, "You have got to be kidding."
Not just five hundred or six hundred dollars, but several thousand dollars.

Turtle posted on 2012-03-28 15:04:02 ET Reply Untrace Trace Private Reply
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