this post was submitted on 17 Nov 2023
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Watches

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[–] AzureArmageddon@alien.top 1 points 1 year ago

The Credit Suisse logo is the hilarious cherry on top of this ridiculous, funky cake.

[–] Nervous_Green4783@alien.top 1 points 1 year ago

Might even rise in value since Credit Suisse was just recently discontinued by UBS

[–] frogmicky@alien.top 1 points 1 year ago

Post in r/Gold

[–] Awkward-Sale4235@alien.top 1 points 1 year ago

you will never find another like it, tjose are custom made. any pictures of the back and or movement?

[–] networkwizard0@alien.top 1 points 1 year ago

It’s worth what it’s worth to you emotionally.

[–] Addicted-2Diving@alien.top 1 points 1 year ago

8-10 are the golden hours 😉

[–] NoVaVol@alien.top 1 points 1 year ago

Cool piece!

[–] meehanimal@alien.top 1 points 1 year ago

#Break Glass In Case Of Emergency

[–] Medical_Paint@alien.top 1 points 1 year ago
[–] Addicted-2Diving@alien.top 1 points 1 year ago

Grandpa was a baller. With taking into account the value of gold, I’d guess it being worth $200, but since it’s a personal item from a family member it’s clearly worth more than that. I’d personally have put on a strap or wear it as is. Neat watch

[–] TheRedKingRM22@alien.top 1 points 1 year ago

May not be worth much but man that’s a cool piece

[–] handaids@alien.top 1 points 1 year ago (2 children)

Strange. I wasn’t able to find any information on the Watch brand, but when k searched for “credit Susie gold watch”, a lot of unknown Swiss brands seem to produce inexpensive watches with an ounce of gold embedded in the dial. Judging from the names of the brands and the movements used in the watches, my best guess would be that the the practice of embedding cheap quartz watches is done to make otherwise inexpensive, relatively cheaply made watches more desirable by ensuring they always retain some sort of resale value. I’d never heard of this practice until now and I think it’s a really neat gift from grandpa. Wear it in good health, I hope this helped a little.

[–] GKrollin@alien.top 1 points 1 year ago

Awesome down this rabbit hole I go

[–] lolputs@alien.top 1 points 1 year ago

Lots of Gold & Silver Bullion exchanges like APMEX sell these.

[–] Euclidding_Me@alien.top 1 points 1 year ago

Maybe it's a Swiss thing, but I was at the Victorinox store in Zurich last month and there was a mini pocket knife with a gram of gold embedded into the plastic handle. Very much like the dial of this watch.

The store employee said, if you're every strapped for money with this knife at least you always know you've got a gram of gold as backup.

[–] CousinWoot@alien.top 1 points 1 year ago

I found a reference to a possibly defunct Criterium investment fund; this might have a promo item for them.

[–] namrock23@alien.top 1 points 1 year ago

Crosspost this with r/gold, they'd get a kick out of it

[–] postmodest@alien.top 1 points 1 year ago

The internet tells me that 1g of solid gold is a cube 3.7mm on a side. Now I'm curious how much gold it takes to electroplate a watch that size.

[–] prince0fbabyl0n@alien.top 1 points 1 year ago

Very cool, I have never seen anything like this before, enjoy and remember your grandfather

[–] Disarryonno@alien.top 1 points 1 year ago

Very unique

[–] SpaceFace11@alien.top 1 points 1 year ago
[–] charfoglio@alien.top 1 points 1 year ago

My guess is these watches were custom made for Credit Suisse to be given / gifted to employees as a token of appreciation / recognition.

This is based on what I have heard from someone who works for Credit Suisse (now UBS). Earlier Credit Suisse used to gift actual 1g gold bars to employees as token of appreciations and recognition. Later on they stopped giving actual gold bars but the award / certificate (with no monetary value) was still given as recognition for going above an beyond. The person telling me the story received 3 gold bars (the worthless virtual ones) this year from Credit Suisse (before it was taken over by UBS).

Did your Grandfather ever work for Credit Suisse or knew someone who did?

[–] superpopsicle@alien.top 1 points 1 year ago
[–] BlackGlenCoco@alien.top 1 points 1 year ago

I couldnt find anything on the watch, but my guess is, its a Swiss Plot to implicate people with selling them Nazi gold.

[–] DoMidgetsHaveTails@alien.top 1 points 1 year ago

Damn, that watch is worth it’s weight in gold

[–] bcell4u@alien.top 1 points 1 year ago

Criterium? GOLD.

[–] Patient_Fox_6594@alien.top 1 points 1 year ago

The gold is worth about $63.68 atm. If you sold it, maybe get 90% of the value at max, since it's pure. Uncertain.

[–] yumstheman@alien.top 1 points 1 year ago

It’s gaudy in the absolute best way 😂

[–] Reddwheels@alien.top 1 points 1 year ago

Credit Suisse is a Swiss Investment Banking Firm that, among other things, is known for its high-purity gold bars which you can buy as an investment.

[–] prizixzz@alien.top 1 points 1 year ago

The gold bar tells you when its time to sleep and a reminder that you need to get your ass to work tomorrow

[–] CmonMortyHurryUp24@alien.top 1 points 1 year ago

Time is money I guess.

[–] bruhems@alien.top 1 points 1 year ago

Looks like criterium was some sort of fund before it lost its money

Put their money into Kingate Global/Euro, which in its own terms was a feeder fund for Bernie Madoffs securities firm and went bust when Madoff did, and (I think) is still in liquidation till today.

Source: (https://casetext.com/brief/criterium-capital-funds-bv-et-al-v-madoff-et-al_memorandum-of-law-in-opposition-re-90-motion-to-dismiss-the-amended)

[–] lambent_ort@alien.top 1 points 1 year ago

Just slap a bit of gold on it and voila it's a luxury watch! 😆

[–] bassmanjn@alien.top 1 points 1 year ago

They sell (or used to sell them) as souvenirs in Switzerland. I was there recently and went to several vintage watch shops and saw these. They’re usually unremarkable watches with a gram of gold stuck to them. It’s possible that it’s a perfectly decent quality watch and if you like it wear it.

[–] TympanalLake@alien.top 1 points 1 year ago

I kind of like it

[–] DamnRock@alien.top 1 points 1 year ago

Now that’s just lazy! Couldn’t even take the time to melt down the gold to use for gold plating.

A lot of these watches where given out on promotion to employees. I’ve seen the same with the cigar product brand colibri. They made a square watch with a gold bar fitted to the dial in the same manor. Watches with the same concept have been posted on the page before.

[–] Guijarro10@alien.top 1 points 1 year ago

Why not just make the dial from that gold ?