Will Simple Watches End Soon?
A few decades ago, the only way to tell the time was by hearing a chime, or repeater. Today, however, we can purchase digital watches with a touch screen. Even the most basic mechanical watch can be equipped with a digital readout. You can listen to a sample chime by watching the video below. But the question is: will simple watches die out soon? We’ll have to wait and see.
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The popularity of limited edition watches is driven by their scarcity. Despite the limited number, these watches are going to get harder to find in decades to come. And not everyone will want to resell them. One example: a Rolex Cosmograph Daytona, Ref. 6265 in white gold recently sold for $5.9 million at auction. It’s easy to see that simple watches may be nearing their end.
Automatic watches, on the other hand, work by collecting energy from your wrist movement and regulating it with a mainspring and escapement. The escapement and wheel store this energy and use it to move the hands of the watch. Some wristwatches even have a stopwatch function, which can measure a person’s lap time while running, or keep track of a team of athletes. In addition to being timepieces, they also have other functions, such as alarms.
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