On: One of the most complex wristwatches ever made

[handedness]

A five-year-long project involving some of the finest watchmakers in the world surely cost far more than $1m, and that watch will sell for much more than that at auction some day.

If it was priced to reflect its complexity it would be probably more on the order of $10m or more. Much simpler movements frequently cost $1-2 million to develop, often higher.

[KGIII → handedness]

Yup. They will be rare and fetch good auction prices.

I gave my watch collection to my son, keeping just a Citizen. He had them appraised and they have all pretty much retained or increased in value.

[stephengillie → KGIII]

Is there value to these devices beyond timekeeping and resale?

[dsacco → stephengillie]

No, and there isn't really value in its timekeeping either. It's designed as a form of art, not for practical utility.

[logfromblammo → stephengillie]

It's for one-upping your rich friends.

And if Hollywood is to be believed, an expensive watch may be traded to a minor speaking-role character for a plot-necessary object in an emergency. By that theory, this watch is not only a watch, but also a canoe, a pair of shoes, or even a motorcycle.

[kalleboo → stephengillie]

It's jewelry

[KGIII → stephengillie]

Fashion, novelty, and conversation all spring to mind.