From the invention of the watch in the sixteenth century, it has come a long way from a mere time-piece to a symbol of elegance and prestige. Nevertheless, in today’s modern world, all genres of watches are available for all genres of people. No matter who its owner is, the watch continues to serve the rich as well as the poor. However, the difference is that the poor and the middle-class wear it to keep them on time, whereas the rich and the elite wear it to make a fashion statement.
The transition of watches from mere time-keeping devices to classy, elegant time-pieces has been truly amazing. Fashion trends have long dictated people’s wardrobe and watches are no exception. Watches have changed according to fashion and will continue to do so. Then there are different collections of watches, you have a wide variety to choose from – sports watches for athletes, wedding collection watches for couples, high-tech watches for the tech-savvies, office watches for the professionals, you name it and you have it.
As the type and number of watches available in the market have increased, so have the price and the demand. This has mainly resulted because of the surge in the brand-value of the watches available today. So is it really worth buying a Rolex watch which will cost you not less than $2000? Not actually, $2000 for a watch seems too much, but considering the brand value and prestige attached to it, the elite do not hesitate to buy one. For them ‘Time is Money’, literally. Experts also believe that the type of watch you wear reflects your personality. This may be a reason why high society elite people prefer wearing expensive branded watches which say a lot about their personality. Thus, in a way watches are used as status symbols these days.