Got this in late April of '12.  It's now August 28, 2012 and I'm throwing it away.  Yes, it looks that bad.  The gold accents disappeared almost immediately but the watch still looked good in silver.  Now that's rubbing off leaving an ugly copper metallic base visible.  There's constantly moisture under the glass face and it stays there for days and days.  Don't buy this as anything other an accessory.  It can't stand up to regular wear.