You know you'd think they'd try to sell these more aggressively but so little of the "value" is published on the site. I didn't originally know that this version came with an extra year of warranty and longer complimentary support. Pricy bands, no doubt, that you can buy on their own. And some exclusive faces, which I can't find images of the Hermès only ones. Guess I'm saying that if you're going to buy the band to apply to some other Apple Watch, the extra coverage might make it worth while to buy the Hermès directly. As for why no gold, got me. I know the original offering had a VERY expensive solid gold case model.... If I remember it was like 17k.
The Gold Edition watches offered in 2015 were not Hermes, though. And they were (I think) 17k and 20k? One style was with sport band and the other was with leather modern buckle band.
They wound up eventually slashing the price of those to about 75% of the original cost at most vendors and cleared them out eventually. Quite a few people posted here on MR about buying them for a fraction of the original price. And, yes, they were actual gold. And very heavy. I tried them on at the Apple Store in Stanford.
Hermes is best bought directly from Hermes, if you are sure which model you want, because they won't let you return it once you open it, unless it's defective... in which case they'll just send you another one like it.
The extra warranty is nice if you plan to keep it longer, but most people seem to upgrade these at least every couple of years, so the standard warranty really is fine.
I do like the Hermes faces, but once you buy the Hermes, there's a tendency to feel like those are the faces you SHOULD use, or it's really not Hermes.
I found getting rid of mine really liberating. I love the watch bands most of all. Those are excellent.
But, you can wear those with any Apple Watch.
As for the orange sport band, Apple sells one. No, it's not Hermes orange, but man... does anyone really need HERMES ORANGE?
Nope. And, unless you live and work among people obsessed with labels, nobody cares. I will say the Hermes orange band is pretty, but sure not worth me buying a more expensive watch to get it.