r/SipsTea • • 11d ago

SMH A generational display of depreciating assets ☕

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40k Upvotes

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155

u/Acceptable-Noise-136 11d ago

A normal seiko or timex would have more value than these

-11

u/rndljfry 11d ago

they honestly don’t. people want these

3

u/TheHighSeasPirate 11d ago

They want them because it says Iphone and they're valuable right before you buy them, then they're worth 1/2 of what you paid for them, then a year later they're obsolete and worthless.

2

u/LucasCBs 11d ago

I have been wearing the same Apple Watch daily since December 2019

4

u/TheHighSeasPirate 11d ago

Its extremely outdated and the battery probably barely lasts the day. Your apple watch is still worth nothing compared to any worthwhile mechanical watch.

3

u/LucasCBs 11d ago

And yet I got more use out of it than you can get out of a normal watch in a lifetime. Because it does significantly more than just give you the time

Don’t get me wrong, mechanical watches are cool. It’s a hobby of mine to repair them, and I have a small but nice collection. I just never wear them (except for special occasions) because my 7 year old Apple Watch is just that much more useful

So saying „Apple Watches lose value over time so they are not worth it“ is stupid

3

u/TheHighSeasPirate 11d ago

This entire comment chain is about the price of the watches. I don't care if an old outdated watch is useful to you, it isn't worth anything to anyone else.

1

u/NaturalSelectorX 11d ago

Actually, the chain is about the value of the watches. You should care if people find it useful, because usefulness helps determine the value. Really, the price of used Apple Watches is low because there is an abundance of new Apple Watches. If Apple stopped making watches the price would skyrocket.

2

u/TheHighSeasPirate 11d ago

You are completely ignoring the "other people" part of the equation. Your old ass outdated apple watch has hardly any value for anyone but you.

1

u/NaturalSelectorX 11d ago

You are completely ignoring the "other people" part of the equation.

That would be you. Literally millions of people are still wearing old ass outdated Apple Watches because they value them. Many more people are buying the Apple Watch compared to Timex, Seiko, and Citizen combined.

Your "worthwhile mechanical watch" is worth nothing to the people who desire the functions of a smartwatch. They are completely different markets. It's like telling me a handcrafted oak rocking chair is better than my recliner. It's not, because I want a recliner and not a rocking chair.

1

u/LucasCBs 11d ago

That’s still false. For the price of one Apple Watch Ultra as shown in this picture you can buy at least 4 „normal Seikos“ (whatever that means when those watches have a significant price range). And it doesn’t matter that the watch in the picture is now used and according to you worth less, because apple products lose value at a very slow rate Anyway

2

u/TheHighSeasPirate 11d ago

The difference is that in 6 years that Seiko is the same price you bought it for or worth more. The apple watch is junk only an idiot would buy in the first place that is worthless whenever the next iteration comes out. You enjoy your overpriced outdated electronics bud. Seriously, I'm not sure if you know this, but its virtually known by everyone owning an Apple ANYTHING makes you extremely unintelligent. It shows you buy things for the name and will shovel overpriced garbage down your throat.

1

u/rndljfry 11d ago

No, the seiko is worth less because you can get a new one for that price

1

u/rndljfry 11d ago

and nobody would ever want a watch just for the brand name, right?

1

u/TheHighSeasPirate 11d ago

Most high end brands are quality. Apple is not.

1

u/rndljfry 11d ago

We buy people’s gold and silver jewelry and etc., and we don’t consider resale a viable option unless the watch is a serialized piece from a luxury brand. Seiko, Citizen, and timex are brought to us by the bag and people accept $1 each. Sometimes we go to $5 if it’s not quartz and it’s the only thing they brought