The Watch I Didn’t Buy: Crossing Financial Thresholds
Watch budgeting is a funny thing. For most collectors, it involves a significant amount of mental gymnastics as money is moved in and out of an imaginary bank. We say things like “sorry, no funds in the watch bank” when our friends are selling a watch we don’t want to buy. But when Jomashop is offering a deal on that Seiko we’ve been lusting over, funds are magically ready for immediate withdrawal. Sometimes this is because we’ve recently sold some watches and actually have a positive balance in the watch bank. But often, we buy that new Seiko on “credit” with a self-promise to liquidate the current collection to restore financial balance.