What items don't correlate their price premium to their functionality?

[Oleg]

@Vovchandr

You’re comparing a sun dial watch vs a Rolex… apples to oranges.

It’s more like a GT-R sports car VS Ferrari . Both are sports cars, both are fast, one carries a much bigger premium with few drastic improvements.

Good example:

The Aeternitas Mega 4 - $2.4 million

Vs

Rolex Submariner

$7200

Both are high end watches, both will have high quality internals, high quality glass, both will tell time etc, one costs absurdly more than the other with little to gain.

Range should be ~$200 to ~$1000. Little to gain. Not really gaining “status” or extreme durability or legendary name in that range.

After that watches have a function but it’s not just to tell the time. It’s to last, be a status symbol, retain their value etc.

From ~$1000 to ~$10,000 there is (assumably) a range of some gain but then again anything over ~$10,000 starts offering just about no other value to you other than novelty features in limited production or what not.

I don’t know if I’d agree with that price range.
Strictly function-wise, a quartz electronic (especially with atomic timekeeping) will tell time more reliably than any mechanical watch, and something like an atomic-solar g-shock which will always be correct and nearly indestructible can be had for less than a $100.
All the function you could ever want, if we are talking about timekeeping.
Everything beyond that is “wants”, not “needs”. You don’t need mechanics, Swiss quality, gold casing or any other fluff to know the time, it becomes fashion past that point.