When I went watch shopping on Amazon last year, I looked for the cheapest watch I could get that was slim, stylish, easy to read, with a metal wristband. I ended up with something called the Skmei. It looks like a thousand dollar watch, but I paid less than $20 for it. Keeps perfect time. I'm on my second battery. The wrist band is a little annoying, in that it's one of those mesh bands that you click closed around your wrist. They are a bitch to adjust and put on, although they work well enough once they are in place.
Black dial, silver hour markers, silver hands, black wrist band. It is a good-looking watch. I just don't see any reason to buy a Rolex. My sister has a gold Rolex -- it seems to always be in the shop, getting cleaned or adjusted or something. I'm willing to bet any amount of money that my $20 Skmei keeps more accurate time than her solid-gold Rolex.
I get what you're saying, but it is a personal preference. A Toyota will take you to the grocery store and so will a Porsche. If you just like cars for utility, then the Toyota is the right answer. I can definitely tell the difference between a $20 watch and a $1000 watch. Just like a car, you pay for the finish, the engine, the service, the marketing....everything. Your $20 watch is running on a quartz movement. The $1000 likely has an automatic movement. The quarts is actually more accurate---until the battery dies. The finish on a $20 watch is complete dog shit. I have some quartz shitters, too, though.
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