I started up a thread in Level 2 about reselling jewelry, which got me to thinking again about watch making. It is something that I explored in the past but didn't get around to doing, it's in the someday/maybe file.
The reason it interests me (other than being a weirdo) is the intrinsic value notion. It started when I learned that a Panerai I once owned (lost it without insurance...) was actually operated by a simple movement called the Valjoux 7750. This movement can be found in watches that start from about $500 on eBay and you can find both old watches, and old movements from about $150.
Now, when you consider the Pannies were selling from $5K and up, and the meat of the watch is the movement, you can see my desire to dig into intrinsic value, and produce a watch of similar quality for about 1/10th of the price.
You can find all the parts you need on eBay, but I dug around a bit further and found a company called Ikler in Germany that makes some nice looking cases: Ikler
Any watch makers out there, or anyone thinking twice about that pricey bit of wrist candy now you know that many of them have cheap innards?
The reason it interests me (other than being a weirdo) is the intrinsic value notion. It started when I learned that a Panerai I once owned (lost it without insurance...) was actually operated by a simple movement called the Valjoux 7750. This movement can be found in watches that start from about $500 on eBay and you can find both old watches, and old movements from about $150.
Now, when you consider the Pannies were selling from $5K and up, and the meat of the watch is the movement, you can see my desire to dig into intrinsic value, and produce a watch of similar quality for about 1/10th of the price.
You can find all the parts you need on eBay, but I dug around a bit further and found a company called Ikler in Germany that makes some nice looking cases: Ikler
Any watch makers out there, or anyone thinking twice about that pricey bit of wrist candy now you know that many of them have cheap innards?
