Vicdoc

Victor Au
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5 months ago
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commented on Longines Spirit ·

I hear my Zulu Time but only when I whirl it around rapidly near my ear. Doesn’t bother me because I don’t normally whirl it around near my ear…😂

commented on Just added this to my humble collection ·

It is a nice watch, that’s why I have one…

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commented on How do you store yours. ·

Made one mostly from USA plywood, cherry. Lattice and box lined with self adhesive felt. Non display. I just open it to look at them.

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commented on Invicta 1953: Smarter by the Second? (Review) ·

This is a bargain for sure.

Mine is the Coke model. It came with a plain, rather small box. I’m ok with that. Takes up less space.

I had to adjust it to get it below +5spd. It arrived at over +20 spd.

The bezel is a bit off center but for $59.90 I really can’t complain.

I got an email this weekend from Invicta: get 2 of these for $99. Red, green, orange. No black bezel available from Invicta.

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commented on 34mm for the win - 80s (?) Inex manual wind ·

Nothing wrong with 34 mm…

1986 Date is a gift from my late Mom.

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commented on How soon is too soon? ·

I was 62 when I bought my first expensive watch, a Submariner. 

I had been fortunate to receive a gold Rolex Date in the 80s and a gold Omega Seamaster in the 70s, and that made it easier to wait. However, I had wanted a Sub for decades, and finally pulled the trigger on one when the prices were better and availability excellent.

It’s fantastic. have no regrets. I’m keeping it.

It didn’t stop my itch for a GMT. I’m happy with the Longines Zulu Time I bought last year. It will be a while before I spent that kind of money again.

commented on How much do you think the build cost of a $5k (at retail) luxury watch is? ·

I ran a small surgical practice.

A one person office, payroll, rent, utilities (power, water, heat, phone and internet service), housekeeping, hazmat fees, insurance (business, malpractice, unemployment, health, etc), website maintenance, professional fees, adds up: all that was several hundred thousand dollars a year.

A watch manufacturer might have a marginal cost of making an in-house piece of a few thousand dollars, but there’s all the brick and mortar, many of the things I listed, as well as stocking costs, maintenance of adequate spares for decades, retirement plans, advertising, transportation etc etc. 

It’s an unending list of expenses.

A look at Rolex shows a profit margin of 20%. 80% goes to manufacturing plus other costs. We‘ll never know the marginal cost of making one of their watches.