Buyer’s Guide: 5 Tips to Make a Luxury Watch Investment

So you love luxury watches and love to look good on the best designers money can buy? Do you know watches are another way rich people turn money into more money? 

As rock stars, social media celebrities, influencers, and CEOs dive into the watch collection world, the prices of rare retro timepieces continue to shoot up. Some prices have doubled up for some special edition watches too. Nouvelle collectors no longer see old watches as just another way to dress up stylishly but as a new asset in their investment portfolio.

If you’ve been a huge fan of luxury watches just for the fun of it, this might be a good time to reconsider that gratification and get one that would be a great investment. 

Get from the Best Watch Brands

When shopping for what investment watch to buy, it’s best to be on the lookout for watches from top brands. The reason is timepieces from brands like Richard Millie watches are more likely to retain their value over time. Here we’ll talk about two watch brands that are beyond worthy of your consideration.

Rolex

It is impossible to think of investing in watches without the Rolex brand coming to mind. It’s grown to become one of the best investment watch brands and its watches have become a declaration of class, style, and wealth. This makes Rolex watches a great investment even though some designs are more valuable than others. So, what Rolex model can I invest in?

Over the years, Rolex has created different watches and continues to mesmerize us with new models. So, you must think carefully about which watch you’re going to buy.

The Rolex Explorer is the brand’s first collection of sports watches. It’s made of Oyster and has sleek watertight integrity up to a depth of about 300m.  Perhaps this is why this style of watch is coveted by collectors. 

The Rolex Daytona is another classic that has experienced significant price growth on the fairly used market. It doesn’t look like it would go down any time soon. A more specific example is the Rolex Daytona 16520 (Inverted 6) that has a white face and an error on the dial which is in high demand.

Another model that’s always on demand is the Rolex GMT-Master and GMT-Master I. Initially built to meet the essentials of international pilots, the remarkable piece has got unique 24-hour hands, rotating advanced bezels. What’s more? With the GMT-Master II, the owner can keep track of three time zones at the same time.

Patek Philippe

The brand, Patek Philippe, is a family-owned and traditional Swiss watch manufacturer. — They’re said to be the last of their kind. Established in 1839, the watch giant has been the sole creator of some of the finest watches around. 

They practically spearhead the design of all the movements and external components in their watches. Including the in-house creation, finishing, and assembling of all of the cases. Another feat to show the level of the brand’s commitment is how Patek Philippe services and repairs any watch made by them since their inception. So, what model should I invest in? 

The 5170 Chronograph is one gorgeously crafted simple timepiece watch collectors love to have in their collection. It has got a retro 1940s design with a deep black surface and a leather strap making it exceptionally trendy and urbane. Even though it was initially built as a sports watch, the timepiece transcends to your regular suit and tie outfit and wear. 

Next is the famous luxury sports watch from the Patek Philippe brand, Nautilus. It was initially announced in 1976 and created by the famous designer, Gérald Genta. The value of this timepiece increases steadily almost all the time as several watch collectors consider this model collection to be a masterpiece. If you don’t consider this a stylish way to invest, then what is?

Look for the Most Sought-Out Features

When looking for a watch to invest in, considering the brand isn’t just enough, certain details popular within the watch community need to be also considered. 

During a regular shopping spree, manufacturing errors might look like flaws that diminish the product’s value. But the same isn’t the case when it comes to watches. Subtle errors can transform a timepiece into a more unique and expensive watch. Just like the Rolex Daytona 16520 ‘Inverted 6’. In cases where the brand corrects the error, the watch is a rare piece making it a sought-after watch.

Small Numbers in Circulation

Limited edition creates more value for a timepiece. When you’re able to get one, you’re most likely going to see a ready buyer willing to purchase it at a higher price from you. Most brands release limited-edition watches in celebration of anniversaries, special events, and collaboration with celebrities.

Learn About the Interesting Backstories

A watch’s value isn’t always just in its look, an interesting story if added can mean a whole deal to collectors. It can pass on to fellow loyalists and potential buyers, this can add a whole lot to a deal.

Any history or sentiment that differentiates a watch would help it become a better investment. If you lay your hands on a model with a very intriguing story, you might have just laid hands on a goldmine.

Invest in Pieces That Have Relevant Paperwork

Never invest in a timepiece that doesn’t come with the necessary paperwork. It should accompany it, that’s the real deal. It offers a guide that helps you understand its essential elements.  It also reflects authenticity, and that’s a crucial factor. 

Conclusion

As a seasoned collector or just an enthusiast seeking to buy an investment watch, it’s necessary to keep this information in mind and carefully choose the right one. No doubt, there are other investment brands apart from Rolex and Patek Phillipe listed here. Do well to do detailed research using some of the points in this guide. Remember no investment can ever guarantee but with a watch’s story and history, you just might be able to do that.