I saw that headline a few years ago.
I do happen to own a 1988 Seiko Sports 100 Chronograph I paid $200 for in a jewelry shop on some little Caribbean island and my father in law was afraid it was a fake, which caused me to doubt it, too. When we returned he took it to a watchmaker who opened it and pronounced it not only genuine, but with a rare full enamel dial, not yet imported to the USA. It has jewels, a trimmer to regulate it, full fly back three dial 1/10 second chronograph, moon phase, and date.
I wore that watch every day, for years, had my name engraved on the back.
If was famous it might sell for a few million too, after I sleep to wake no more.
I can remember seeing Rolex lower tier watches for sale in 1988 in that jewelry shop for a little more than a thousand dollars, but I was afraid a Rolex might be a fake then.
A couple of months ago Jomashop had Invicta Speedway watches on sale for $62 and I bit.
It ain’t expensive to wear a Paul Newman watch, unless it’s a real one.
Last year I bought this $340 Orient Star Classic from Jomashop and I love it as much as I do Marxman pipes, and it’s prettier, too.
I do not know of any watch that gives more value than an Orient, and an Orient Star is like an Imperial instead of a mere Chrysler.
The value of an Orient Star Classic is it looks like an Orient Star Classic.
The movement in that is an all steel parts Orient made in house in a factory in Japan. It hacks, hand winds, and shows power reserve.
After a year of settling in it’s about 9 seconds a day fast for weeks on end.
Every Saturday I reset it, back about a minute.