14: Can sentimental value ruin watch collecting? - podcast episode cover

14: Can sentimental value ruin watch collecting?

Jan 18, 202416 minEp. 14
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Episode description

Sentimental value... it can be used to justify the purchase or the keeping of watches... but it can also hinder our ability to move on from watches that don't serve us anymore and could be holding us back from having what we want.

Ricardo Sime's article: https://timeandtidewatches.com/collectors-crossroads-how-sentimental-value-can-become-the-nemesis-of-an-evolving-collector/

Professor Russel Belk's article:  https://thescienceofownership.files.wordpress.com/2014/10/possessions-and-the-extended-self.pdf


Watches mentioned in this article:

  • TAG Heuer Link Diamond Pink Guilloche
  • Rolex Explorer II Polar 216570
  • Rolex Explorer II Polar 226570
  • NOMOS Orion 38
  • NOMOS Club Campus Electric Green
  • Rolex Oyster Perpetual 41 Green

Transcript

It's episode 14 of this. Watch live. Hi, I'm Liddy Winters. And I'm Boo Booey. And today we are going to discuss sentimental value in watches. Go back in time with me to the beaches of Florida. When I was a kid growing up, I always had a treasure box of like random items that provoked a memory so it could be like something nice someone wrote. So that would go in there and like a lot of rocks, more than shells. I just love collecting rocks. There's a lot of rocks here. I do know this.

I'm not even going to get into the rocks that are all over our house. I just love rocks. But what I realized recently is like when I am opening my watch box, it feels a bit like that, those old treasure boxes, but not in a good way. OK, in a good way sometimes, but I also feel like what I used to do is always like cool down the treasure box, you know? So it's like you're when you. Were young. Even when I was young, it would be like. It didn't forever grow.

No, it didn't forever grow. It always, like, stayed contained in the box. And so you're like this thing I'd like, I don't this isn't my good friend anymore or whatever. So you're like, taking things out. And what I'm realizing is that my watch box needs some of this, but I have attached too much sentimental value to everything. OK. I I mean, I do understand that. Well, yes, yes, I. But it's forced.

Yeah. Is what you're you're worried about that the sentimental value you've attached to it is unnecessary. It's not. Sentimental enough? Yeah. Well, because, OK, watch collecting is essentially justifying. Yes, because you only need one watch. People debate if you even need one. I'm not even going to go there. So let's say you only need one. But then, in order to justify this hobby, you, you. Kind of value out of other

things. And some of those values are like, oh, this is a tool watch which performs a specific task. Some of those values may be oh, this has a certain look to it, the colors, the materials made, so it goes with certain outfits or or certain times. And then there's the. Milestones. Yeah. Milestones. Presence this like I I mean, you have a watch that you just said was for the pandemic. I don't even know what. I I It wasn't even at the beginning or the end of the pandemic.

It was during. Middle of the pandemic and on my list because I like to make lists and and and assign these values justification values. I put that that the Rolex Oyster Perpetual 41 Green was my pandemic watch. Okay. Yes, So, but I mean. Because I couldn't think of anything better. No, but okay So sentimental value is the value of an object deriving from personal or emotional associations rather

than material worth. But the reason I'm talking about this is because in the case of watches, it is also material worth. These are not like sheets of paper with nice things that you just like. Stow away when OK, well, I would say keep them forever, but OK. No, you because you you talked. About. You talked about culling, Yes, yes, right.

And if you have objects with no material worth, financial worth, right, Monetary worth, then culling just typically would mean throwing them away, unless they could be useful to someone else. And maybe then it's donating, like if it's clothes or that kind of stuff. But with watches, you can't do that. Culling is a much. Yes. And you have a lot of sentiments and emotions tied up. I was looking online, I wanted to see like, what are people

saying about sentimental value? Most of it was like sentimental value is perfect milestone. Buy presents, Buy. So wait, most of what you found was sentimental value with watches, yes. Yeah, basically. Yeah, yeah, do do that. So you buy more. But I really loved our good friend Ricardo Seemay. Ready set. Watch on Instagram. He wrote an article for Time and Tide, and it's called Sentimental value can be the nemesis of an Evolving collector. Oh, that's a hot take.

Yeah, but I was like, it is. I mean, even the other day you said I would totally be A1 watch guy, but I've actually I had since I already have a few pieces I could never get rid of. Might as well go all in. Well yeah. So to me it's like, OK, I would love to be a one watch collector or maybe more realistically A3 watch collector because if you take sentimental value out of it, you can easily justify 3 watches for three different types of activities in your

life. But my I have sentimental value in more than three watches and they wouldn't be the watches. I would choose to be a three watch collection. So then it's too late. That's why you then then I think that justifies going all in with a you know multi dozen. Yeah, perfect. You're like 3 or 100. There's no in between. But so one watch in particular that sticks out in my mind is in 2012, very randomly and as a surprise VU bought me brought home A tag Hoyer link.

It has diamonds around it. It has pink guiche. It is really adorable. A very small watch like I love it. It fit my style at the time. Oh, you're. Wearing it, yes, I have it on right now, but it does not fit my style at. All. Not at all. Not now. Later, Vu got me the Cartier tank solo in rose gold. That's the watch that got me into watches. But it wasn't the first luxury watch. This was. This was but is first like, is is that actually sentimental?

I'm asking. I'm like really struggling with this because I've talked about selling it. You have said do it, buy something else with that, like sell it, buy something else with it. I'd rather you sell it there. There's so many reasons. So, OK, OK, if we're looking at the reasons that these sentimental values can be negative, it's like there's a watch. It's still a nice watch. It's just not a watch for you. Someone else could be enjoying that. Watch I. Know that's what I feel, sad for it.

And on top of that, you could use the value you get out of selling that watch to put into another watch that you might like more. Yeah, and I've done like I have told you to do the same thing, but I I don't follow my own advice. But as an example, like for my 38th birthday, you bought me a Nomos Orion 38, which is kind of cool, 3838. And at the time, I loved that

watch and it was perfect. And at the time, I was trying to wear a little bit more dressy clothes, you know, just 2015 and I, my style has changed a lot as well. And that watch no longer fit most of the way I dress, even though I do think it's, it's quite an adaptable watch. It just didn't feel right anymore. So you told me sell it like. Put the money into a new watch you'll wear. Put that on me, that you're keeping this watch. Sell it.

And I sold it and I put that money directly into a Nomos campus Club 38 Electric Green. So it's like I traded it for something that now I wear quite often. Yeah, but the green doesn't really have any sentimental value. No. So so that like it didn't transfer, but it's also OK say. It would transfer like, Oh yeah, I'm moving the sentimental value of this Orion over into this campus. It doesn't. Work. You just take the ghost of sentiment and you just push it

over. There I did a whole ceremony. It just didn't work. It just didn't work. Yeah, I I've got really deep into this thought about like items and just how how we'd like deal with this emotional side and sentimental value. And there is a professor, Russell Belk, and he did this really cool kind of philosophy around possessions and the extended self that I feel like really applies very, very significantly to watch

collecting. So he says in his article, Possessions are central to our sense of self. For better or for worse, our possessions help to tangible eyes, our past, our present, and perhaps our future. They may even provide a type of immortality when they were remain attached to our identity after our death. Shallow, shallow materialism has been found to be harmful, but there is another sense in which our treasured possessions provide a focus of attachment in an age of otherwise disposable

consumption. Possessions also provide a sense of stability and continuity in our lives. And our relationship with possessions is seldom just a person thing relationship, but rather a person thing person relationship as they connect us to remind us of, and announce something about us to various other people in our lives, Right. There's like a million things that apply to watch collecting in here.

I think the biggest thing is what I think about definitely no shallow materialism at all with no, no, no, no. It's definitely the deeper A. Sense of stability and continuity in our lives. I have 0 shallow Materialism. When I think about watches, treasured possessions, that was my favorite part. I I think there's a lot to be said about that. But I although I do think with watch collecting it, it can become very different because you have watches that are sentimental to you because of a

person. And then you have that other side of watch collecting where people talk about building memories in a watch. And those memories, you know, some it it might be the birth of a child, it might be a wedding, then it's very related to another person, but it may be trips, travel, all these other things. So when I think about my first Rolex Explorer 2, and yes, it was my first Rolex Explorer 2 that I bought in 2014, talked

about in a recent episode. I went everywhere with that watch and did everything with that watch. It was my dress watch. It was my adventure watch. It was. I just wore it all the time. It traveled to six continents with me. I mean, it truly went everywhere with me. And then, you know, my life changed a little bit. I had lost a bunch of weight. I had convinced myself the watch was way too big on my wrist and I sold it.

And that was a huge regret. So much so that I just bought the new one when it came out a few months later because I just regretted it and I wanted my watch back and the model change between these two watches, which I'll link to in the description of this post. Like there's not a lot of differences, so they look almost exactly the same. And in photos, they definitely look exactly the same. So. Then and you have photos of all the times you wore it all around the world, like cool things.

All the memories are still there. Exactly. And when I look at a photo of us in Nepal, in the mountains, and I'm wearing that watch, it looks the same as the watch that I have right now. But. Some days I feel like yes, this is just a continuation of my Rolex Explorer 2 Polar journey, and some days I feel like no, this is just a cheap copy that never did any of those things. It's not the treasured possession. It's not the treasured possession. So you're saying don't sell the

tag, Hoyerly? No, you definitely sell the tag because. I don't have as much memories wrapped up in it. It really is more about first and I think in Ricardo's article he talks about this starts from this sense of like I have too many watches, but my first watch like do I keep it out of first and that. Yeah, I guess you can value these sentiments differently, yes, and. Sentimental, higher sentimental value, Hierarchy of watch collecting.

But. I also think in this case with with your tag, the person who who gives you the most amount of meaning for that watch like it's both your first watch, but it also was from me. Yes, I'm saying sell it. Yes, I know, but what does everyone else think? OK, that's a good question. What does everyone else think? Yeah, I mean, is it OK to sell your first luxury watch? Because I didn't sell mine my. Tell you still have it. Still have it and it isn't my style right now.

But you've been wearing it more. Force myself to wear it and I enjoy wearing it. And I've done that with this, but it's still pretty sporadic. Yeah, like once a year. In three years, yeah. But I think, I mean, for me, there's like, like, in this article, it talks about, like, the immortality of, like, having this thing that like lives on after death, which is obviously something people talk a lot about with like passing down watches. We're not having kids. So I'm like, who wants this tag

Hoyer link? Not my nephew. No one in our family to say like, oh wow, Vu gave this to Aunt Lydia. You know it was the first you. Know like they want your OP collection. Yeah, definitely. But there is a bit of that, I think maybe if I start to think about like what is the actual story behind it? And this is just a watch you brought home one day and it happened to be the first, Whereas when I think of and tell the story of the Cartier tank you gave me. That's a different thing.

It it's like that's really the emotion so maybe what we need to do and watch collecting. I'm saying this for myself too is like extrapolate those two things. Like is it is it sentiment I tried to create to justify? Totally fine. We all do it. Or is this really an item that I want to have forever and don't want it to sit sadly in its watch box without any love or wear? Wow, that was deep. That was deep, deep enough for water resistance. Oh no. What's the What's the bars?

Thank you. Thank you everybody. Have a wonderful day. Bye.

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