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One of the most far-reaching changes from the world going digital was with watches. It is probably difficult for anyone born after the 1960s to appreciate the relative scarcity and cost of pre-digital watches.
All watches consisted of moving parts which had to be made to a high degree of accuracy to keep reasonable time, and they also had to be miniaturised. Furthermore the moving parts contained jewels - albeit tiny ones - for hardness, so as to wear out less slowly than metal. So it is not surprising watches were very expensive relative to the norms of the time.
To add to the cost, watches seemed mainly, if not totally, to come from Switzerland. While I was growing up, the Government apparently felt that Swiss watches were a luxury and so levied high import taxes on them. Along with alcohol, which was also highly taxed in the UK, watches were the contraband of smugglers.
In the 1940s and 50s relatively few people owned watches, and a watch was a status symbol. People were not necessarily assumed to have watches - or, at least, watches which told the time reliably. So it was quite normal to be stopped in the street to be asked if one knew the right time.