Watches were used in olden times to know the time. Now the functionality of modern watches have changed very much. In addition to time, ordinary watches show the date, day, month and year. Expensive electronic watches have many other features in conjunction with the basic features. They are more accurate when compared to mechanical watches. There are collectibles which are mechanical in function, but luxurious. Jewelries are mainly used for adorning the body. Common jewelry items include rings, brooches, bracelets, bangles, necklace and earrings. Expensive jewelries are status symbols for wealthy people. They are made of gemstones or precious metals. Other types include art jewelry which is priced more for its design and creativity, and costume jewelry which is comparatively less expensive.