We caught up with the Singapore-based collector at a Jacob & Co. gala in Sicily.
, a $500,000, 50-piece limited edition equipped with a triple-axis tourbillon and a music box that plays the theme of. Maghami, an executive at a logistics company in the shipping sector, is one of a handful of collectors who snagged an invite.During a lunch break at a restaurant in Taormina, Maghami sits down with“When I was 23 or 24, I started buying things that, at the time, I could afford,” says Maghami, now 45.
“I always bought things because I had a passion for them,” he adds. “I never thought, what’s it going to be worth tomorrow? I said to myself, I’m working really hard and if I’m doing really well, I’ll go and buy a watch to reward myself.”In addition to rewarding himself, Maghami has also rewarded his suppliers. “I’ve never sold a timepiece,” he says. “That’s because my relationship with watches is purely emotional.
“It’s such a conversation starter,” he adds. “I have been on an airplane and the guy next to me said, ‘Excuse me, sorry to disturb you, but what is that watch you’re wearing?’ I never get that reaction wearing a Rolex or Patek even. Don’t get me wrong, Rolexes and Pateks are nice but not very exciting. Are you buying more with your heart or your brain? Jacob is a watch you buy with your heart. And you always love it.”Maghami is ambivalent about holy grail watches .
“In watch collecting, it’s who can get what,” he adds. “For example, I love the brand Philippe Dufour. I don’t own one. Is it a grail for me? Of course it is. Do I want one? I don’t know—because I want one, that guy over there wants one, he wants one, he wants one. I’d rather have watches I can have fun looking at.”“I’m thinking about it,” he says. “I was just taking photos of the case. It’s a nice homage to the 50anniversary of what is a cult, not only for people our age, but younger people.
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