Wealth Creation: Why Are Luxury Watches So Expensive To Buy? And How Can You Get In To Watch Collecting?
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Watches come in all sizes and shapes. Maybe most importantly is that they come in all price categories. And it is probably no secret that a $20 quartz watch can keep time better than a $60000 Rolex, and many other luxury watches for that matter. So if cheap watches can, in many cases keep time more accurately than luxury watches, aren’t they” better”? But the most interesting question is if this is the case, why are watches so expensive?
