Is this rolex really worth 64x more than this Seiko?

[MILGAUSS88]

The question that it makes me ask is, if Seiko can create a fairly similar watch and sell for 1/64 of a Rolex, how much does Rolex actually spend to make a steel watch.
If retail is $5,700 I would guess wholesale is $3,500. I don't think they spend more than a $1,000 to actually produce the watch.
I notice that it is estimated that Rolex spent $56 million on advertising, over $50 per watch produced. That is an astounding number.

[horseShu]

When you buy a Seiko, you are just paying for the watch, period.

When you buy a Rolex, you are paying for those Wimbledon games, Daytona races, and maybe a couple of regatta events. Something like that.


Sent from my iPhone using Tapatalk

[Lol-x]

Some Seiko's and Grand Seiko's are making Rolex look relatively inexpensive these days. So Seiko can be very expensive too.

[Art 1]

Originally Posted by MILGAUSS88

The question that it makes me ask is, if Seiko can create a fairly similar watch and sell for 1/64 of a Rolex, how much does Rolex actually spend to make a steel watch.
If retail is $5,700 I would guess wholesale is $3,500. I don't think they spend more than a $1,000 to actually produce the watch.
I notice that it is estimated that Rolex spent $56 million on advertising, over $50 per watch produced. That is an astounding number.

That’s inexpensive advertising.

[Fat_ninja]

Originally Posted by Soarer

Is yours sunburst blue dial? I have the sunburst grey and I love it. Very comfortable and sleek on the wrist.


Sent from my iPad using Tapatalk

Yes in this picture. I also have the snxs75

[Fat_ninja]

Originally Posted by ap1

Is the RM worth 25 OP 36s

Yes. Lol

[1William]

For me, no. For others maybe.

[schoolboy]

Originally Posted by MILGAUSS88

The question that it makes me ask is, if Seiko can create a fairly similar watch and sell for 1/64 of a Rolex, how much does Rolex actually spend to make a steel watch.
If retail is $5,700 I would guess wholesale is $3,500. I don't think they spend more than a $1,000 to actually produce the watch.
I notice that it is estimated that Rolex spent $56 million on advertising, over $50 per watch produced. That is an astounding number.

Well if you consider that some Seiko watches have a advertised accuracy of -30 to +20 a day (or something like that)...

Then you realize that Rolex might spend tons of money on research to develop watches that are accurate to +/-2 seconds a day

[Danny83]

My Dad told me he cant imagine spending over 300 on a watch lol

[benlee]

No, law of diminishing returns for watches, ie pay more for incremental improvement. Also you are paying for the Rolex brand. Probably half the cost.

Or in reverse, how many nice Seiko can you buy for the price of this Rolex?

[Hosum]

The math adds up to 64x and doesn't add up to 64x depending on which watch I am wearing. Having both at their price points complements one another.

When I'm wearing my Rolex, my perception is that I'm getting something that 64x Seikos doesn't give me.

When I'm wearing my Seiko, my perception is that I'm getting fantastic value for money.

[stlwatchlvr]

Originally Posted by Hosum

The math adds up to 64x and doesn't add up to 64x depending on which watch I am wearing. Having both at their price points complements one another.

When I'm wearing my Rolex, my perception is that I'm getting something that 64x Seikos doesn't give me.

When I'm wearing my Seiko, my perception is that I'm getting fantastic value for money.

Well said. They both have their place. They both have value.


Sent from my iPhone using Tapatalk

[Art 1]

Originally Posted by Danny83

My Dad told me he cant imagine spending over 300 on a watch lol

Dad is 85 could buy any watch he wants. Still wears the one his mother gave him when he was 17.

[037]

Originally Posted by Art 1

Dad is 85 could buy any watch he wants. Still wears the one his mother gave him when he was 17.

Impressive. What brand/model is it?

[Art 1]

Originally Posted by 037

Impressive. What brand/model is it?

Bulova. 10K gold filled. Hand wind.

[GB-man]

As noted diminishing returns. It is however a better watch hands down.

[037]

Originally Posted by Art 1

Bulova. 10K gold filled. Hand wind.

Wow. Awesome. The stories that watch could tell.

[037]

Originally Posted by GB-man

As noted diminishing returns. It is however a better watch hands down.

<pedantic> Define "better." </pedantic>

[Art 1]

Originally Posted by 037

Wow. Awesome. The stories that watch could tell.

Yes it has. Actually it’s a nice looking watch. That watch has been around. My dad has a degree from one of the top schools in the country, was a high level executive. That watch has been to lots of high level places. Meetings with the Chinese Japanese the Arabs. Los Alomas Labs. MIT. senators in DC. High security off the record meetings. I laugh when I read on the Rolex section just recently about wearing Rolex’s in the board room. No one cares.

[Old Expat Beast]

Originally Posted by schoolboy

Well if you consider that some Seiko watches have a advertised accuracy of -30 to +20 a day (or something like that)...

Then you realize that Rolex might spend tons of money on research to develop watches that are accurate to +/-2 seconds a day

That's as much about regulating as movement quality. Those cheaper Seiko movements can be regulated to chronometer specs. I have several from the 1960s and 70s that keep as good time as a modern Rolex. https://www.rolexforums.com/showthread.php?t=694443

[037]

Originally Posted by Art 1

Yes it has. Actually it’s a nice looking watch. That watch has been around. My dad has a degree from one of the top schools in the country, was a high level executive. That watch has been to lots of high level places. Meetings with the Chinese Japanese the Arabs. Los Alomas Labs. MIT. senators in DC. High security off the record meetings. I laugh when I read on the Rolex section just recently about wearing Rolex’s in the board room. No one cares.

Outstanding. Your dad's lived a great life. My watches aren't as well traveled but have been to similar locations.

Life is all about the journey, not the destination.

[schoolboy]

Originally Posted by Old Expat Beast

That's as much about regulating as movement quality. Those cheaper Seiko movements can be regulated to chronometer specs. I have several from the 1960s and 70s that keep as good time as a modern Rolex. https://www.rolexforums.com/showthread.php?t=694443

I once regulated a Seiko turtle to cosc and I agree that they are great watches.

I’m just saying that out of the box, a $5000 Rolex will more than likely keep waaaaay better time that a sub $300 Seiko



Nice vintage pieces Adam

[Hipster Doofus]

Anyone else see that the bezels on these Rolexes (OPs, Milgausses etc) are a bit garish? They're too big, too bulbous, feel out of proportion with the lugs and really fatten the look of the watch up too much.

I'm no Rolex hater and know better than to argue with success, but put these Rolexes with plainer bezels alongside other comparables, Grand Seiko etc. It's pretty plain then IMHO.

[schoolboy]

Seiko lume is worth more than Rolex lume tho haha

[GB-man]

Originally Posted by 037

Define "better."

Ok giving you either for free today and you can’t sell either ever. Which are you taking?

[037]

Originally Posted by GB-man

Ok giving you either for free today and you can’t sell either ever. Which are you taking?

Since forever is a factor, Seiko. It has the day and date. Eventually I'll be old enough to not remember without looking at my wrist.

Rolex is obviously better made and higher quality in this instance. A Spring Drive might make this a better showdown in free vs free forever.

[toxicavenger]

Originally Posted by schoolboy

I once regulated a Seiko turtle to cosc and I agree that they are great watches.

I’m just saying that out of the box, a $5000 Rolex will more than likely keep waaaaay better time that a sub $300 Seiko



Nice vintage pieces Adam

So would a $5000 Seiko.

[lostis4d]

Can I see your rolex with a leather strap?

I have the same rolex and I’m considering changing to NATO or leather after seeing your photo, the metal bracelet makes it look too wide

Thanks

Originally Posted by Fat_ninja

I love both watches but just putting them side to side... is the OP36 really worth 64x the Seiko 5? Oh and the Seiko has a display back.

The Rolex is better. The question I’m thinking about on this lovely Saturday is whether it’s 64x better give the price differential.

[schoolboy]

Originally Posted by toxicavenger

So would a $5000 Seiko.

Haha of course

I’ve also read that the finishing of a Grand Seiko is above the finishing of a Rolex

I know here on the forum, some members say to never look at a Rolex with a loupe

At a Grand Seiko AD, the guy handed me a loupe and told me to look

Haha

[GB-man]

Originally Posted by schoolboy

Haha of course

I’ve also read that the finishing of a Grand Seiko is above the finishing of a Rolex

I know here on the forum, some members say to never look at a Rolex with a loupe

At a Grand Seiko AD, the guy handed me a loupe and told me to look

Haha

that's not even debatable

but there is a gap the size of Texas between a seiko 5 and a GS