Limited-edition watches have gained in popularity so much in the past few years that a lot of enthusiasts are wondering if these are so, well, limited anymore. Usually numbered X out of however big the batch is, LEs range from a handful to many thousand pieces, and there are neat and interesting limited-edition watches associated with teams, events, athletes, musicians — just about any collaboration under the sun that you can imagine.

That said, for many others, a lot of watch nerds think we are bordering on gimmicky, to the point of an LE designation being a turnoff. And then, there’s the fact that some of the most hard-to-find and desirable watches are from brands like Patek Philippe and Rolex, who don’t even really play the limited-edition game. They don’t really need to tell you they’re limited because everybody already knows you can’t find them.

We’d like to hear what you guys think and, of course, weigh in and comment to elaborate.