Apple killed off its super expensive gold Edition watches

You'll have to show off your extravagant taste with ceramic white instead.

With today's launch of the Apple Watch Series 2, Tim Cook and company added the sleek new Ceramic Edition, but quietly did away with the more ostentatious, solid-18-karat-gold version. While that ceramic Series 2 model doesn't exactly come cheap at $1,249, it's still a fraction of the price of Apple's previous top shelf, $10,000-plus Gold Edition.

Unlike its gold predecessor, Apple is playing up the durability and scratch-resistance of the ceramic model as a luxury feature worth an extra $1,000. The company claims its proprietary material is four times harder than steel -- which could explain why it costs nearly four times as much. On the other hand, the chip upgrade and lower price for the Series 1 watch makes it a little more affordable to get an Apple product on your wrist. And for anyone following along at home, there are now five models of Apple Watch to choose from: Series 1, Series 2, Series 2 Nike+, Series 2 Hermés and that new ceramic model with the mouthful name: Apple Watch Edition Series 2. Making things slightly more confusing, the Series 2 is still available in rose gold, but like the iPhones and MacBooks, that's just a descriptive term for an aluminum finish.

Click here to catch all the latest news from Apple's "See You" event.