accuracy? you're kidding right... if you buy an expensive mechanical watch to reflect accurate time, there are many watches that are far, far cheaper that can be as accurate or even much more accurate(eg. good quality quartz or the casios that synchronise thru radio signals with atomic clocks ~ expected to neither gain nor lose a second in more than 138 million years LINK read the wiki on atomic clocks too to find out about cesium atoms and mind boggling crap for accuracy for those chronometric freaks out there LINK HERE)
so what are expensive watches about? it is male jewelry... cool male accessories. Face it, guys don't have much to play around with right. In terms of showing your taste, your wealth, your connoisseurship, what better way than a kicka$$ watch [Note: these aren't my reasons yuh just makin general generalisations... some may even say they buy watches to just make themselves happy and it has nothing to do with what anyone else thinks... different strokes for different folks and different beliefs/mindsets for different collectors. emotional, rational, delusional or otherwise ;)]
nice shoes... they are nice but not critical for me. pricey belts? uhm nope, they keep my pants up. upmarket phone? how exciting is a pricy gold or blingy phone? an iphone or samsung as common as they are, are cool! lux cars are a whole other ballgame but let's not go there and you can't carry your car with you of course!
and that's all he wrote. till next time, my intrepid horological journeymen! ;) cheers, raph