Recent headlines would have you believe that watches are the new bitcoin, as next-gen collectors see vintage timepieces not only as cool accoutrements to complement their jeans and sneakers, but as investments that can double their money in next to no time.

This comes on top of headlines about Paul Newman Daytonas and other rediscovered/celebrity Rolex models fetching millions of dollars at auction, and continuing reports of complicated Patek Philippe watches breaking records.