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Luxury Watch 2020 – Things to Consider When Investing to Them

in Fashion by

Nowadays, buying watches seems unnecessary when your go-to smartphone can tell the time anyway. Even so, likewise to other branded bags, cars, houses, and vintage collectibles, timepieces can be considered as one of the high-profile and expensive goods to purchase in any auctions.

The most outstanding example is the steel Patek Philippe Grandmaster Chime watch auctioned for $31 million in Geneva. By far, it currently holds the record for the most expensive wristwatch ever sold.

Also, an excellent watch rarely depreciates and can become more expensive over time. What’s more, watches don’t require significant maintenance compared to other luxurious items. If you’d like to invest your hard-earned money on luxury watches, here are a few heads-up to consider.

Choose Reputable Brands

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Wearing an iconic piece on your wrist will reflect your impeccable taste and class. However, not all luxury watch brands are created equal. Only a few reputable and renowned brands can stand out and increase its value over time for its world-class craftsmanship. For instance, the most notable are the high-end Swiss watchmakers Patek Philippe, Rolex, TAG Heuer, and Audemars Piguet.

Patek Philippe may cost the most but considered to be a jewel in any collector’s box. The brand’s intricately detailed watches can take months to produce, making an exclusive demand for their pieces. Try to get your hands on a Nautilus 5711.

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Rolex, on the other hand, is the most known in the world. A Rolex can be the easiest one to sell because it is so popular and always in demand. You may want to keep your eye for a GMT Master II or a Submariner.

Another luxury brand is TAG Heuer. This brand has been making watches for over 150 years and was the first Swiss watch in space. You may want to invest in models like the Carrera and Monaco because they hold more value than other flagship models.

Another well-recognized luxury brand is Audemars Piguet. Their timepieces can cost thousands of dollars and have excellent resale value. Their most coveted piece is the Royal Oak Automatic.

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Most watches will either increase or decrease their value, depending on the demand for the timepiece. But luxury watch brands are usually the most in-demand. Consider purchasing from the brands above because they have a higher demand in the market, among others.

Opt for High-Quality Materials

One of the other important decisions to consider when buying a watch is the material used in its component. The features and materials of a watch would usually depend on your lifestyle, but these characteristics also add value to your pieces.

You should find watches with materials that have the highest quality. Choose watches that are made from durable materials, such as sapphire crystals, titanium, or gold. Also, if you want a leather watch, make sure it’s made from authentic leather.

Choosing high-quality materials allows you to save money too. You won’t have to buy several watches that would eventually damage after a year or two. Luxury watches are designed to last a lifetime. In this case, you are saving money over the long term by investing in high-quality materials from the beginning.

Opt for watches that suit your lifestyle well. If you like to go out for a hike, hiking watches with features like GPS,  barometer, compass, altimeter, and the like are the best. If you’re a diver, you may want a water-resistant watch that can withstand immersion to a depth of 100-500 meters.

Choosing watches according to your lifestyle will allow you to make use of the investment well. You’ll be able to enjoy the piece and incorporate it with your daily activity. Either you’re enjoying sunsets or grinding towards your objectives of fitness, there’s a timepiece to making sure all you’re doing is done on time.

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Contemplate on the Movement

You won’t be able to see this characteristic from the outside, but the watch’s movement is also an essential aspect in choosing a timepiece because it is the mechanism that makes the watch work.

There are three watch movements, namely, quartz, automatic, and mechanical. We highly suggest choosing mechanical watches as they hold the most value.

Many luxury watches work with a mechanical movement. These watches are made in-house by the watch brand’s master craftsman, often handmade. Usually, they require adjustments and maintenance that comes at a high price. All those intricate gears reflect the hard work and quality craftsmanship by the watchmaker.

Although mechanical watches are expensive to maintain, these timepieces typically last a lifetime if properly cared for. You still have great value for your money. It can also serve as a signature style or a family heirloom.

The best watch movements you may want to purchase are Omega, Rolex, and Patek Philippe. Movements from these luxury watch brands are reliable, precise, and undergo extensive in-house testing.

Buy From Trusted Sources

The most important thing to consider is perhaps choosing a watch store that you can trust. There are plenty of counterfeits in the market, and you might want to opt for a quality boutique site or a brand-authorized dealer like The Watch Company.

The Watch Company guarantees authentic, high-quality watches at incredible prices. All their watches are carefully sourced by watch experts around the world to ensure the authenticity of every timepiece.

They also present a specific grading condition for pre-owned watches listed on their site to ensure that every piece is described accordingly to its actual state. You don’t want to waste thousands of dollars on a watch, only to find out that they are imitations or in bad conditions.

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Takeaway

Luxury watch companies are bustling the globe, and choosing one can be a cutthroat decision. Lucky to those who can have all, but if you are to invest in luxury watches, consider those trusted and legit ones. At the end of the day, it’s up to you to explore and find the right timepiece that fairly suits your lifestyle. Whether you’re the kind to go on rough adventures or enjoy luxury travel, your watch is a symbol of who you are.



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