Assets or Heirlooms?

Sentiment, value , remembrance .
158 votes ·
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Although I buy watches for me and the joy of them, my valuable/sentimental one will be passed down.

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Have no kids, so no sentimental value for when I am gone. Will have everything sold and donated to charity.

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I’m naturally sentimental — even as a child. So, my watches will go to my wife and kid. I hope to pass nearly all of them down myself (before I kick the bucket 🦵🪣😵).

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I’ll pass them down but what they intend to do with them or even sell, its up to them. 
 

as a kid I didnt like the idea of forced responsibility when its not needed, so it shouldnt start with me… also im not sure if watches will be relevant in 50years time. sorry for being a wet blanket 😅

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I think about this in relation to A LOT of stuff I have, from antiques, to even just a really great book collection, not just my watches. If I 'pop off' there's no kids; my wife isn't particularly interested in most of my hobbies, and would have no idea what half of it's worth. I'm increasingly thinking of making an inventory with some example prices so that when the inevitable comes, she will have some idea about it all, and not get ripped off by some unscrupulous vulture; the kind who fantasise about going around to estate sales, finding an old Rolex and offering $20 for it ("And even that's a generous offer ma'am..." types).

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I think about this a lot. I'm hoping that my 3 daughters marry well so that I have some son-in-laws to pass them to. If not, I have some dear friends to give them to. You cant take them with you.

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I do have a plan in place for mine should I decide to bugger off…

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AllTheWatches

Have no kids, so no sentimental value for when I am gone. Will have everything sold and donated to charity.

Champion!

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wyaTT63

I think about this a lot. I'm hoping that my 3 daughters marry well so that I have some son-in-laws to pass them to. If not, I have some dear friends to give them to. You cant take them with you.

You can try to be buried with a watch :) 

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My daughter is only 9 months and am myself only 34 so I "have time" to think about it, but for now she is absolutely fascinated by my watches and can't stop trying to take them off my wrist. Yesterday evening I was cuddling her in the dark and she was mesmerized by the lume of my Farer so, if the passion is here later, I will definitely give her my watches. If not, I will be burried with them lol 🤣

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Tinfoiled14

You can try to be buried with a watch :) 

I have a great story about Undertakers and my Uncle Bill's Rolex. I would never try to buried with anything made of Gold or perceived as valuable.

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Nope , all mine.

Unless I die first then my mrs can have them. 

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Only one (so far) that I care about staying in the family. It’s willed.

My plan if I get to execute it is to progressively downsize my material footprint as I age. Kids get right of first refusal over stuff, and the rest I will sell or donate.

It’s all spelled out. Whatever’s left of the things I didn’t shed in my lifetime and that aren’t specifically willed to a given individual they will divvy up in a financially equitable manner or just liquidate/donate. If my family’s dynamic deteriorates over time, I‘ll change my will so that every last item will be liquidated and they can just split the proceeds.

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My son is still very young (2). So we’ll see what hobbies/interests he develops. I’m sure he’ll get into a few of the things I am such as football, F1, watches, travel.. etc. 

Either way he can have them and do what he likes with them. I’ll give him his pick once he’s of age and before I die (hopefully). 
 

It’s actually depressing thinking about this stuff haha. 

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I'd rather have them fight to the death over my cooling corpse. I know, I'm a terrible person.

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AllTheWatches

Have no kids, so no sentimental value for when I am gone. Will have everything sold and donated to charity.

Thinking the same,but my wife classes herself as a charity and wants a world cruise with her mares 

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Tinfoiled14

You can try to be buried with a watch :) 

Indeed you could, though a pickaxe and spade is probably an easier way to do it.

🤣

I haven't really considered this as yet but it's something that needs to be considered.

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My wife and I are shortly expecting twins and I bought a watch to celebrate this and a milestone birthday. Will they care about watches or sports or scotch as they get older? Who know, but I’d hope to pass one or both of them down something when I’m gone. 

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Seeing how I can't give the stuff away while alive, the postmortem status seems even grimmer. At best they'll end up at some opp shop, at worst straight into a dumpster with all my other treasures.

Hopefully I'll find a worthy heir for the family pieces I'm looking after for the next generation, but the kids these days...

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I just have 1 kid, so the allocation is easy.  Whether they keep them or sell them to pay for something else is up to them.  I won't be in a position to complain.

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My kids are going to catalog my watch collection on their smart watches so they can list them on eBay.  

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I don't have kids, so I have never considered passing anything down. 

A point I have raised before on other forums is, what your family cherishes after you're gone is not necessarily what you want it to be. An expensive watch that can be sold for thousands of dollars, is likely to end up sold rather than passed down. Particularly if it's a "safe queen" watch that your kids/grandkids never actually saw you wear while making memories. 

As an example, my mother has a large collection of china passed down through her family for generations. She remembers some of the people it came from, so she has a bond with it, I didn't know any of them, so it has no special meaning to me. Between my brother and I we will keep some of it, but the bulk is likely to be sold to people who appreciate it for what it is, rather than who it came from. 

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KristianG

I don't have kids, so I have never considered passing anything down. 

A point I have raised before on other forums is, what your family cherishes after you're gone is not necessarily what you want it to be. An expensive watch that can be sold for thousands of dollars, is likely to end up sold rather than passed down. Particularly if it's a "safe queen" watch that your kids/grandkids never actually saw you wear while making memories. 

As an example, my mother has a large collection of china passed down through her family for generations. She remembers some of the people it came from, so she has a bond with it, I didn't know any of them, so it has no special meaning to me. Between my brother and I we will keep some of it, but the bulk is likely to be sold to people who appreciate it for what it is, rather than who it came from. 

+1 on lots of china coming my way...

My step father (who got me into watches) has a lot of interests, and a lot of things that support those interests.  Who knows if it'll happen, but I've asked that it be cataloged for the sake of the grandkids.  If there are 20 seemingly identical pairs of speakers in their big old house, 18 of which are essentially worthless, and 2 that are each worth a new car, tell me which ones they are...  I'll keep the sentimental stuff, but I want to liquidate the rest for my daughter and my brother's kids.

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I buy watches for me not my kids. I’m sure if I have watches left behind they will keep a few but I don’t purchase with that intent.

This does remind of this video someone posted a while back. https://youtu.be/jbHR5Lso-HU

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None of the above. The watches are for me. I tried to fool myself into believing it was for anything but. If it makes it to my children, great! It's a tool that I can use and enjoy to tell time.

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Keep a note in my watch box dividing my watches up to my three kids & brother.  Sort of a watch will...

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horologuitarist

My kids are going to catalog my watch collection on their smart watches so they can list them on eBay.  

mine will probably do the same lol