Matthew's Stealing From You

"mXxxxXm24 /O/ /O/" (mxxxxxm24)
08/22/2014 at 19:07 • Filed to: Watches

The man responsible for this beauty:

I'm referring to Matthew Humphries of his new company: !!!error: Indecipherable SUB-paragraph formatting!!! . Seems he's taking budget seiko watches and putting new dials and straps on them and charging customers several times their purchase price. Although...they are in a pretty collectors tin:

!!!error: Indecipherable SUB-paragraph formatting!!! , the MHD 06 started life out as a seiko SNK809. Now don't get me wrong, the SNK809 is a great watch...I mean a really great watch. I have one myself and honestly you'd be mad not to own one. An automatic watch that maintains +/- a few seconds per day accuracy at the price of around $50? Yeah, now you're looking it up aren't you? Although at that price the seiko snk809 is a admittedly a steal, it doesn't justify why Matthew would charge about $400 for it after his "customization".

Maybe I'm missing something here. He also chose to use the pre 2006 7S26A movement as opposed to the updated 7S26C movement. Now although the 7S26A movement has been out of production for 8 years, that doesn't mean it's necessarily inferior. As it has stood the test of time, proving to be a reliable movement in it's own right. I have heard rumors of a hairspring looping problem that crept up in the 7S26B movement, but it seems to have been addressed with the 7S26C. So I ask: why use the older movement?

Matthew obviously possessing rare talent, became Head of Design at Morgan at the age of 21. Is it plausible that success has driven him to feel that anything he touches turns to pure gold? These are all questions that go unanswered......for now.

Disclaimer: I have no affiliation with Matthew Humphries or his company: Matthew Humphries Design. Nor do I have affiliation with Morgan or Seiko. I also hold no rights to the pictures or sites linked in this article and surrender all credit where credit is due.

DISCUSSION (5)

GhostZ > mXxxxXm24 /O/ /O/
08/22/2014 at 19:14

He's not stealing from you. He's stealing money from people stupid enough to buy the watches.

Luxury goods are just a mechanism of moving money out of the hands of unambitious wealthy people and putting it into the hands of people in power who make real decisions.

mXxxxXm24 /O/ /O/ > GhostZ
08/22/2014 at 19:21

Unfortunate isn't it.

GhostZ > mXxxxXm24 /O/ /O/
08/22/2014 at 19:43

Not unfortunate at all! The alternative is that people with wealth are the ones who run the world (which isn't true anymore) regardless of their personalities. That's called a dynasty, kings, etc. Luxury goods in a capitalist system are a huge way of preventing people from being subjugated.

The idea of "luxury" exists because people who can best use money to achieve their goals are NOT the people who actually have money.

Selling overpriced luxury items to needy, emotional wealthy people is like giving a steak in front of a lion to lure them into captivity because lions make terrible zookeepers.

King Ginger, not writing for Business Insider > GhostZ
08/22/2014 at 20:07

Lions DO make terrible zookeepers.

mXxxxXm24 /O/ /O/ > GhostZ
08/22/2014 at 20:20

I get that. What I mean is that it's unfortunate that this type of consumerism is what runs our society.