Roger W Smith's watches are nonsense, in that it makes no sense to hand-make every part of a watch, when present-day micro-engineering can do it just as well, if not better.
It is then nonsense for someone to pay £70,000 to £100,000 for one of his watches, when the majority of his work is unseen and, indeed, cannot be seen unless the watch is disassembled.
So, it's nonsense, compounded by nonsense.