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29 April 2017, 03:52 AM | #31 |
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I have really pondered this. One son I'd turning 21 and the other 16.
When do I give them a watch if I do at all. Certainly when I die that is a no brainer they will get them and I will split them up. Before that is my dilemma. Do I give them a special one at a special time (wedding etc) or do they just inherit them. They do not have the same passion I do so would this give them the passion to get a nice watch from pops. I have two subs so I was thinking those would be the ones going to them. I thought about 21 so next month for my oldest but then I look at him and I am not sure he could handle a $6k watch. I think it would end up lost or stolen while he is in college. So then do I wait for the wedding day. I don't have any answers but look forward to subbing to this thread and read what others are doing. |
29 April 2017, 04:02 AM | #32 |
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No kids so my watches and everything else goes to my Nephew who is 19. This really pisses off my brother (his father) LOL.
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29 April 2017, 05:06 AM | #33 | |
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29 April 2017, 09:14 AM | #34 |
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I don't have kids, but my God son will get mine on certain conditions. if it turns out he really isn't into watches, I'll sell them and use the money to snort enough Coke off a stripper's bum to kill a horse....or Charlie Sheen....probably both.
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29 April 2017, 09:17 AM | #35 |
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You planning on spending a lot of time in downtown Vegas?
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29 April 2017, 10:14 AM | #36 | |
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You're not harsh or rude, just taking a different perspective appreciating watches as status symbols rather than heir horological excellence... Nothing wrong with that, and perfectly understandable in the Asian culture where "face" and status are important |
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29 April 2017, 10:19 AM | #37 | |
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I agree... college is really too early, unless he has demonstrated significant interest and understanding of watches, calibres, and their historical significance. If it's just a gift for him to show off to his friends then I'd much rather he earn his keep and let him spend it in whichever way he wants... |
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29 April 2017, 10:23 AM | #38 |
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29 April 2017, 10:23 AM | #39 |
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Sounds like a plan.
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29 April 2017, 10:25 AM | #40 | |
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If she liquidates your watches won't she end up with the windfall nonetheless? |
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29 April 2017, 11:50 AM | #41 |
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I don't think we're going to buy our children a Rolex for their wedding gift, or for their high school and college graduations, etc. They need to learn the value of a dollar, and what it feels like to set and accomplish financial goals. I think my Wife and I would have a more difficult time teaching our children those lessons if we just give them the things that they really should work for and earn themselves. Now many, many years down the road when I'm dead and gone, then eventually my children will end up with my watches along with whatever else is left. I would like for them to feel free to do with them as they see fit, because I will obviously have no further use for fine mechanical time pieces!
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29 April 2017, 01:00 PM | #42 |
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29 April 2017, 02:10 PM | #43 |
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Sounds like one hell of a plan to me.
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29 April 2017, 03:02 PM | #44 | |
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The idea of not passing on the watches to her is what I don't get, i.e. it does not make sense to me to liquidate them before my death and spend the proceeds. I would much rather have her get something out of it than preventing that from occurring. |
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29 April 2017, 03:15 PM | #45 |
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My 16 year old daughter was gifted my mid 1990s TAG Heuer S/el when I got my Rolex. Her accomplishments in high school (she is a high school junior and is taking a host of early college courses), volunteer work for a year at a wildlife rescue center and the fact she loves watches helped me make my decision.
I joked on the forum a week or so ago about getting her a Rolex for her high school graduation next year (perhaps an entry level stainless watch) and she very directly told me while she is okay with the TAG, a Rolex would be too much responsibility for her at this time. She suggested, with a smile, that her college graduation would be a better time. I can't argue with the logic. She's quite a smart young woman. |
29 April 2017, 05:30 PM | #46 | |
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I suppose at leasr you're off the hook for a pinkie ring as you're already wrapped round her little finger... As it should be Sent from my LG-H340n using Tapatalk |
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29 April 2017, 10:38 PM | #47 |
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Watches and kids
I bought my son a classic 36mm DJ when he was born (so a birth year watch).
I intend to give it to him for his 21 birthday along with this picture. If I have any more children I'll do the same. Any other watches in my collection will go to them when I die. |
1 May 2017, 08:24 AM | #48 |
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A great tradition
My apologies for a long story, but I think it’s relevant in answering the question…..
For as long as I can remember, my father was into watches. While he couldn’t afford a Rolex, he always reinforced the notion that if you’re going to buy something, buy the highest quality that you can afford. Some of my earliest memories include my Father carrying me around while I played with the bezel on his Seiko Diver. I loved that watch and when it stopped keeping time and the rubber on the strap became brittle my father bought a new one (same watch). He put the broken one in his desk and when I was about 8 I asked my father if I could have it. He agreed, but asked why I would want a broken watch and offered to take me out and get my own. I couldn’t pass on the opportunity to buy my own watch, so we went to the local department store and I picked out a yellow digital sport watch. I also convinced my father to buy an aftermarket rubber strap for the Seiko. It’s funny because I can’t remember ever wearing that digital watch, but I sure did wear that broken Seiko…..everywhere. Like today, it was never about the time. That Seiko was WAAAY too big for me and it didn’t even work, but it was my Dads (and it was cool). I wore it to school, to church and out in the woods near my house. My friends and I would go out and build forts, pretending to be explorers or warriors out in the great wilderness. At times that Seiko was our compass, others times we would “synchronize” our watches, spinning the bezel to the exact hour that we would “invade” our enemies fort. My father never gifted me any other watches at a young age, always stressing that if I wanted something, I had to earn it. I bought my first Timex Ironman a few years later (the highest quality that I, as a 10-year-old, could afford). I flipped many watches as a youngster, mainly Seiko, Citizens or Fossil’s, again only what I could afford. When I got my first real job in college, I saved up for and bought my first “real” watch, an Omega Seamaster 300. My Father was proud. Over the years my Father and I bonded over a love of watches and we always bought one when we went on vacation. We would spend hours searching for and negotiating prices on the perfect one. I remember those times fondly. While my father is no longer here today, I do think he would be proud (and probably a bit jealous) of how my collection has evolved. When I purchased my first Rolex I thought of him and that Seiko Diver and even though my wife thought I was crazy, I knew my Father was smiling down on me. While I continue to flip watches, there are a few of my Fathers that will remain in my collection forever. My most prized watch is not my Explorer II or BLNR, it’s that Seiko Diver that doesn’t even run and today the time it displays is the day and time when he passed on. So while this is probably a much longer answer to your question that was necessary, I do think that you should definitely pass on your watches to your children, but more importantly teach them the value, pride of ownership and the importance of earning something valuable that will last a lifetime. I will definitely be sharing this passion with my children and if I have a son, will give him the watch I was wearing when he’s born (still TBD and a great excuse to buy another Rolex I will also be passing along my Fathers (his grandfathers) watches to him, along with my own, but more importantly....the stories that go with them. littleme.jpg
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216570 Polar 116710BLNR 116610LV |
1 May 2017, 08:27 AM | #49 |
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A great tradition
Editing a duplicate post.
TLDR - Yes pass along your watches to your kids, but don't give them an expensive watch until they're ready (they respect it and have shown willingness to go out and earn something on their own).
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216570 Polar 116710BLNR 116610LV Last edited by 530ExplorerII; 1 May 2017 at 08:32 AM.. Reason: Duplicate Post |
1 May 2017, 09:49 AM | #50 |
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Big congrats to you both Clark
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1 May 2017, 09:56 AM | #51 |
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We've got some hostile people around here!!!! Not give your personal belongings to your kids???!!! Why not?? Either you're selfish ( hint, you can't take it with you), or you've raised an irresponsible crack head. I inherited two watches from my Dad. A gold Hamilton from the 40's, and a Benrus wristalarm from the 50's. They're on the never sell list. Why wouldn't you want your kids to have something special??? If they are a problem, you can always keep them in a trust with the stipulation that they meet certain qualifications before they inherit items with substantial value. If the kids are rotten druggies, irresponsible, or lazy, you can stipulate in your will what they need to accomplish before they inherit your fortune. Ashes to ashes, dust to dust.....
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1 May 2017, 09:56 AM | #52 |
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We've got some hostile people around here!!!! Not give your personal belongings to your kids???!!! Why not?? Either you're selfish ( hint, you can't take it with you), or you've raised an irresponsible crack head. I inherited two watches from my Dad. A gold Hamilton from the 40's, and a Benrus wristalarm from the 50's. They're on the never sell list. Why wouldn't you want your kids to have something special??? If they are a problem, you can always keep them in a trust with the stipulation that they meet certain qualifications before they inherit items with substantial value. If the kids are rotten druggies, irresponsible, or lazy, you can stipulate in your will what they need to accomplish before they inherit your fortune. Ashes to ashes, dust to dust.....
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1 May 2017, 10:50 AM | #53 |
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Thanks! We're super pumped! Announcement coming on IG soon
Truck looks great
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1 May 2017, 11:44 AM | #54 |
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They can get one of my old ones when they are done university.
Having said that, I do have unworn safe queens with stickers on with their name on the warranty. |
1 May 2017, 08:48 PM | #55 |
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Thank you
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1 May 2017, 08:53 PM | #56 |
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I did the same a few years back , he only gets it if he's a good kid though, so far so good
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1 May 2017, 10:26 PM | #57 |
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2 May 2017, 05:57 AM | #58 | |
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Quote:
Beautiful story - no story is too long to be shared. Certainly, with a good upbringing gifting an expensive watch wouldn't be an issue. |
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