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There are lots of expensive watch brands, so the question is really "why are watches expensive?" To answer that question just look at the Seiko lineup. They have $65 watches, $200 watches, $450 watches, $700 watches, $1300 watches, $3k watches, $4k watches, and then the whole Grand Seiko lineup with Rolex-like prices.
- Hi, honest question, why are Rolex so expensive? - Reddit
When you pay the extra bucks part of what your paying for is...
- Why are Rolex watches so expensive? : r ... - Reddit
I asked why when its a designer watch. I was told that its...
- Hi, honest question, why are Rolex so expensive? - Reddit
Even so, I believe that the true cost of manaufacturing a $10,000 rolex would be something like $2000, maybe even less. The same goes for brands in their bracket though. Omega also marks up their watches considerably, but not as high as Rolex. IWC, Panerai, Breitling, JLC, and etc. are also guilty of overpricing.
They really aren't that expensive in the overall market. It really is the brand, or history, you're paying for. Patek would be out of the same wristwatch market, and be a better example of what is trying to be conveyed, if you are considering these expensive.
More basic models start around $5,000 while the most in-demand steel Rolex sports models can reach up to $10,000 and have waitlists. Two-Tone Models: $7,000 – $15,000 Rolex watches made of stainless steel and gold run from about $7,000 on the low end for a Datejust with a fluted bezel. Higher-end two-tone sports models like Submariner or GMT ...
Similarly yes a $10 and a $5K watch tell time, but it isn't about telling time. Men who buy Rolex, Patek Phillipe, IWC or Omega don't buy watches to know what time it is. There simply isn't a comparison between a $10 watch to a $10K watch except that they both are watches, however in reality they aren't quite similar at all.
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