2013 and 2014 saw the release of additional new Seiko Astron models. The modern Seiko Astron was released in 2012 and debuted by aBlogtoWatch here. The Astron is probably the most full-featured and convenient timepiece that connects to GPS satellites in order to automatically update the time and location (time zone) of the wristwatch. Solar powered and feature rich, it is one of today's ultimate travel watches. This reference SAST100 version of the Astron is a limited edition piece for 2013, and dedicated to the founder of Seiko watches, Mr. Kintaro Hattori. Some of these design ideas made it to the 2014 Seiko Astron models (debuted here).
With all that said, what is it that makes this achievement truly important from our perspective? It is the fact that exactly one hundred years ago today, on the 15th of July, 1914 a tiny gold wristwatch finally proved that a watch is physically capable of being accurate, and maintaining that claim over the course of 45 days in a controlled environment that would submit it to many of the calamities real life would hold for it.
I would venture to suggest that most watch lovers go through a period (however long or brief) that they examine the idea of getting a vintage Spaceview model for their collection. These cool timepieces are one of the original "nerd" watches and still look cool today. I wrote about the Accutron Spaceview watch history back in 2008 when I was going through that phase.
Of course, the Christie's name is world-renowned, having been established back in 1766. With that name (and heritage), we automatically assign a great level of trust that they've vetted everything that they sell. This plays in quite nicely for us watch types with their latest online auction, a collection of 22 "essential" different pieces from the 1950's through the 1980s - primarily Rolex, but also featuring Audemars Piguet, Breitling, IWC, Jaeger-LeCoultre, Movado, Omega, Patek Philippe, and Vacheron Constantin. Since one doesn't have to worry too much about the trust of the seller as Christie's has a good reputation, they are hoping the focus will be on the interest people have in the watches - which are generally really good given the theme.
I have to say - if you've not played around with a watch that has a CF dial, it's really something you need to see to truly appreciate. While you certainly pick up the alternating weave pattern (that's become familiar to us with all the Fast 'n Furious imitators and their car hoods), it's more interesting what it does to the applied numerals an indices.
You see, while adjusting for inflation could be indicative of how watches have become more expensive, this must be taken with a (substantial) pinch of salt. What primarily defines the affordability of products is not just the price and how that changes in comparison to monetary inflation over time, but rather, how the price of the product compares to people's average income. As we know, inflation is the rate at which the general level of prices for goods and services is rising and, subsequently, how purchasing power is falling. With that said, the increase of average income should – and in the long term it does – outperform inflation, meaning that if the price of a fine watch followed inflation only, it would actually be getting cheaper as consumers have incomes outperforming the rate of inflation.