some years back I was in a similar situation.......the choice is clear.

i kept waiting... and i'm surprised that no one posted this yet:
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Ah Yeo Hia, I thinking of the below ... any comments ??
or any expert of tiong watch .. think this one can buy bo ??
any comments ? thanks
FIYTA Aeronautics Collection Automatic Watch
This one USD 499.99
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This one USD 349.99
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https://www.massdrop.com/buy/fiyta-...ontent=1495616304085.206057114151037923537559
Chrono day
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bro reikizi, the layout of the dial looks like it could be powered by a chinese clone of the ETA 7750?
... its all HSBC promo fault
make me think and thinkHi guys, i am planning to get a iwc mark xviii.
Was wondering what is the price range for this watch outside? Saw one at a local dealer for $4.9k.
Also can't decide to get the mark or a Omega planet ocean black dial at about 5.9k (Pricier but love the dial)
Thanks in advance
in the crazy world of collecting, several possible factors can contribute to an item's perceived value, of which rarity and defects which you've correctly mentioned are 2 principal ones. a subset of rarity is when an item is discontinued.
herd mentality also plays a huge part. once value start climbing, every man and his pet may start salivating for one, even those who are clueless or lack passion, either for profit or as a status symbol.
i am curious as to the original rolex explorer with painted dial. even though many specimens were produced during its long production history, they command a healthy premium today and aren't easy to source. anyone has any idea as to why?
- did the majority got abused as a tool watch till they got discarded?
- are they being kept for future profit?
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I think the purists will consider such a model a sell-out.
The explorer has, throughout its history, been produced in steel and only steel models, staying true to its tool watch roots.
Of course, one might argue that ceramic isn't a precious metal and is a progression to leverage on technology improvements..
This is entirely my own take on your question:
Watches break down with age > broken watches are discarded
Even if the watches lasted, people inevitably like to replace old stuff with new stuff (consumerism?) > old watches get discarded
Furthermore, to my understanding, Rolex was but one of many illustrious swiss watch makers back in the days before the discovery of quartz revamped the entire watch industry and somewhat forced the 'creation' of the swiss watch luxury image/branding by the remaining players (that included Rolex). The desirability of a used Rolex from that era could well be not much more than a (with all due respect) Casio today.
To give a modern example, the first generation plain colour Swatches sold like hot cakes and should be aplenty in the market. Yet the current price for such original specimens are pretty high. I believe the same reasons cited above apply.
yeah, shld be china movement ... never owned a tiong watch before .. so like quite chu bi leh ..... its all HSBC promo fault
make me think and think

in short, rolex marketing is imbar.
from manufacturing tool watches and marketing tool watches as luxury watches.
managed to survived the quartz crisis and still is the top watch maker in the world.
like you say, older gen people, got their rolex from back in the day, never took off the wrist. if spoil, where they go? naturally RSC, what RSC do? sabo, change everything. full servicing means removing the dial, the hands, the crystal, and all that is important to the look of "vintage" and those are the ones that are considered valuable.
so even with the massive amount of sales rolex did back then and the amount of watches in circulation, many are destroyed in its own natural form due to servicing and of course spoil watches. therefore, those that are in good condition are the rare ones (which prices will shoot up)
why many franken (even with real parts). because watches that are spoiled, people lazy to repair, sold it cheap. watch makers who know their stuff, remove the hands and dial and try to flip it for profit or maybe install it on a totally different period watch and try to sell it.
RSC technician (hearsay) will keep the original dial (because its write off and considered as thrash) and try to flip it on the market, which is also why there are so many inserts, dial and hands for sale on the market for crazy prices.
the vintage route is a rocky one, so for those who decide to venture into vintages, please get someone who at least know their stuff for their second opinion. whatever i know is a tip of the huge iceberg.
those thinking of keeping some rolexes as vintage and hope prices will rise, i wish you best of luck because the game is always changing and what happens now may not happen in the future. and superluminova is never going to patina, stop dreaming.
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agreed, lots of restored/polished/refurbished vintages.
a vintage 1950s citizen I bought recently was assesed to have a restored dial by my watchmaker, probably done in the 70s
the market is always changing like fashion/clothing.
in my opinion, panerai is a good example
i think only iceflight qualifies.