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.
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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.