nprofile1qy2hwumn8ghj7un9d3shjtnyd968gmewwp6kyqpqpzr9a3syezj9csg55x6tsdcv8l2njeq80muuhqh5xx3cntneg53sgttnp4 (nprofile…tnp4) A lot of the most expensive luxury watches aren't even encrusted with diamonds or anything. Often they use very basic materials like stainless steel. But they use artificial scarcity, good marketing and arbitrarily high prices to create a sense of prestige for those "in the know". At a glance, a €10,000 Rolex doesn't look too different from a €100 Lorus and most "poor peasants" won't be able to tell the difference.
No, these watches exist so that obscenely rich executives can compete in a dick measuring contest. The point is constantly one upping each other by spending increasingly absurd amounts of money on famously overpriced and hard to acquire luxury goods just to show that they can.