I notice this with my undergraduates. Some years ago I purposely chose to switch to a mechanical watch, even given the greater accuracy of quartz. I have a fair few now, none of any great value. I do need to clear most of them out. My daily wearer until ten months ago was an Invicta Submarineralike. I'm at a point now where I'd like, perhaps as a 50th present to myself in a few years' time, to put some money into a couple of really decent watches, and stick to just those. I have my eye on an automatic movement Hamilton Ventura, and a Rado Captain Cook divers watch (in the early-60s smaller bod version). I'd also adore a Tudor Black Bay 58, though I'd probably seek to go second hand on that one as new they are significant money. Watches I could wear regularly for the rest of my life.
I do have a couple of nice pocket watches, but I tend to wear them much less often, usually with white tie or mornig dress / stroller.
A pin went on my Invicta about ten months ago so I've been unable to wear it since (being on lockdown pretty much for a year now). Surrounded by timing devices and of course my phone, but I badly miss wearing a watch daily. Particularly liked the Submariner style as I love switching out the nylon Nato straps.
Besides the Mido I wear most days I also have a lower-end vintage curvex, which stopped working some months after I bought it. The Sikh fellow who runs the hole-in-the-wall jewelry store a couple miles from here tells me that unless it holds significant sentimental value it really isn’t worth fixing.
I’d like to have another couple-three old wristwatches, and lower-end ones are fine by me. I’m at a point in this life where I want nothing of a material nature so precious that I’d worry much about losing it. This is not to say that I’m not materialistic. I like surrounding myself with beautiful things, but beautiful things aren’t necessarily spendy.
I’m reminded of an appraisal of a piece of art on a recent episode of Antiques Roadshow. If that artwork was by whatever “name” artist the appraiser thought it might be, then it would fetch a big ol’ pile of many, he said. And if it wasn’t, it was worth maybe 50 dollars. So it’s not the art itself that brings the bucks.
Watches aren’t art; higher-end watches are in many tangible ways superior to cheap ones. Still, my old Mido is a well-made Swiss watch. I paid a C note for it a couple years ago. A Rolex of the same vintage is not 50 or 100 or more times better, as the price difference might suggest.