Do you own a luxury watch

I think I own a luxury watch. Can you define what is luxury watch? Based on your definition, is $1200 Citizen a luxury watch? If yes, then I own 2 luxury watches.

I suppose it depends on your definition of luxury? I would describe an Omega that costs thousands as luxury but when you compare it to a Vacheron Constantin or an Audemars Piguet that cost tens of thousands, some would say the Omega isn't a luxury watch.

Based on this I do not own any luxury watches.

Based on Vacheron & Audemars Piguet, neither do I.

It all depends what you consider a luxury watch. Personally, I don’t consider Rolex, Omega, and the like luxury watches. I think luxury watches are more in the vein of Patek, Lange and Sohne, Jaeger-LeCoultre, Zenith, Glashutte, Audemars Piguet, etc. and no, I don’t own any of these.

My whole collection didn't cost even half that threshold.

I personally will not pay more than $1000 for a watch. My most expensive watch is the Tissot PRX at $725.

I should add that luxury isn't purely about the monetary cost, it's defined as an item deemed highly desirable within a culture or society.

On this definition a Studio Underd0g Watermelon that costs £575 meets the criteria.

In fact, Rolex, Omega Tudor Breitling are considered luxury watchmaking and Patek Phillip, Audemars Piguet, Vacheron Constantin, Alange, etc. are considered "High watchmaking or haute horlogerie".

In my mind luxury is spending an amount of money that youre just barely comfortable with to get small benefits in return that make you happier, your life easier, but you can completely live without them. By that definition, I do own a luxury watch, as I could have settled for my G-shock Ga-2100 and tell the time in every occasion, but I bought other watches and recently I purchased a Seiko turtle that was out of my comfort zone, just because its beautiful and unique. I think that is luxury, there are millions of people going hungry right now, others are freezing to death, and the more lucky ones live paycheck to paycheck in a vicious cycle.

So yeah, my turtle feels pretty luxurious.

I’ve got a Tissot that was over $1K and they’re generally considered the lower, entry level to luxury watches

No, haven't broken the $2000 ceiling yet.

Never spent more than $500.

To be honest I'm not at all comfortable in using a monetary scale to define luxury.

Luxury almost always costs of course but is primarily defined by quality. It includes other less tangibles like service, exclusivity and yes, price. But price alone does not make a luxury item.

Money aside. I think people buy 5k+ watches because they really want the watch vs I need something luxury over 5k in my collection. I think that's a recipe for failure. Also I take watch pricing with a grain of salt aka some people like to inflate the price of their watches.

For sample I can say I paid 4k for this:

In reality I paid 1,500

Also I think under 5k is the sweet spot for many enthusiasts especially in the used market.

I'm sure this has been said hundreds of times on this list since its inception:

The definition of luxury is relative...in a country where the average annual income is less than $1,000 USD (Burkina Faso for example at $840 USD) versus the USA where the avergage annual income is slightly more than $100,000 USD ($105,555 USD), what is considered a luxury is vastly different.

While a $10,000 watch is 1/10th of a year's income for an American, it would represent more than 10 years of income for a resident of Burkina Faso. So the equivalent "luxury watch" for someone from there would be a watch costing less than $100 USD. So a Casio Duro would be a luxury watch in Burkina Faso.

So the question really needs context since our community is a global one and has vastly differing incomes.

I am stoked that there are watches that range in price across the spectrum because that makes watches accessible to all and the most egalitarian of communities, providing we don't exclude anyone based on the purchase price of a watch.

So every watch is a luxury watch somewhere in the world...

Interesting way to phrase the question. My answer is no if your qualifier for luxury is 5k+, but I own a Tudor and Nomos, both of which were worth around 4k new and I consider them both luxury items.

There have been a few recent posts about the definition of luxury. For me, anything that isn't a necessity is a luxury. I'm fairly generous about how I define 'necessity' and would argue a watch is 'necessary' to tell the time and date if you don't have your phone (or in my case, need to avoid the distraction of picking up my phone and getting side tracked). However an expensive mechanical watch is definitely not necessary and is a luxury to me.

I'm not in a financial position to even consider luxury watches. It doesn't change my enthusiasm for learning more about watches of all genres in any price range.

Ive got 3 Omega's, dearest one was £3500 + £490 so I guess as they're below the 5k then not Lux.... ? 🤑🤣

(for me) The truth is that if you only wear pieces you like & enjoy, you find yourself enjoying $500 watches as much as you enjoy $50000 watches. The majority of people doesn't take notice unless it's Rolex, AP, PP. I don't think friends would even notice or ask about it if you wore FPJ at a gathering.

I've been through various scales of "expensive" (within my own limits), but the truth is that the monetary value of the watch never really matters.

Only if that’s 5,000 yen or baht!

Depends what you mean by 5000?

£5000? $5000? 5000yen? 5000baht? 5000 monkeys?

I own luxury watches in the United States and the European Union (almost two luxury watches in Canada and Australia), but no luxury watches in the United Kingdom. In most Asian countries I own hundreds of luxury watches.

@BuckWylde if Omega and Rolex aren’t luxury watches, what are they? I 10000000% believe they are luxury brands. There’s just different levels to luxury my friend. Mercedes is luxury, but a Bentley is higher end luxury. See what I mean?

Among people who own real hi dollar luxury watches, they aren’t luxury. For the average collector, they could be luxury. But, the average collector doesn’t dictate the definition of luxury.