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The second reason was that I thought I had found “better” solutions than Rolex for my needs; for example, my Vacheron Constantin Overseas in the sports watch category.
Whether it was the Overseas or other watches like the Blancpain Fifty Fathoms with its wonderful and robust X-71 bracelet, I really didn’t see Rolex watches as world-beaters in their categories.
Finally, there’s the position of Rolex as one of the world’s leading, if not the leading, mass luxury brand. If you know me, you know that I’m not innately drawn to “mass” anything, even in luxury categories; part of the appeal for me is being a bit off the beaten path.
That whole vintage thing: For the record, I loved Paul Newman. Great actor, great race driver, great (it is reported) husband, great actor. Man’s man, philanthropist.
And, of course, wearer of Rolex, including what is popularly called the “Paul Newman” Daytona.
Back to that “too soon, too much” thing: when I first became aware of the “Paul Newman” watches, the prices seemed way too dear for my wallet; now that the prices have gone through the roof, it’s now “too late, too much” for me.
In addition, the whole world of vintage Rolex seems to me fraught with peril. When a company makes many hundreds of thousands of watches per year (which, as far as I can tell from available serial number tables, was true for Rolex even in the 1960s) and has rabid fans, it stands to reason that some of those fans will attempt to find “unique” watches among the multitudes and bid up their market values.
The inevitable result: frankenwatches and outright fakes as well as astronomical values attached to minute distinctions (Double Red Sea Dweller, anyone?).
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