The $20k estimate is for an edition watch with a gold link bracelet, which would presumably outlive the watch itself. Without the gold bracelet his estimate is

The $20k estimate is for an edition watch with a gold link bracelet, which would presumably outlive the watch itself. Without the gold bracelet his estimate is a $10k starting point, which seems crazy but China. I'd also expect one of two things to surface here - either the watch forever remains so incredibly lightweight in what it can do without the phone that upgrades are less necessary, or there will be an upgrade program for the expensive watches. If there's an upgrade program (i.e. replace the S1 with S2/3/4 and upgrade the battery yearly) then I'd actually expect these gen1 edition watches to become quite the collector's items - especially a few years from now when there are only a handful of gen1s around but far more gen2/3/4 watches.