Are watches really a good investment?
We as people are emotionally connected to watches in addition to the fact that we use them daily because they are practical and give an elegant impression; These factors make it a pleasure to wear it.
If we remove the emotional aspect, are watches really a good investment? What about times of economic instability?
There is no one answer, let's take a quick look at the different types of watch investments:
1) The most notable example of this is the 2017 Rolex Daytona Paul Newman Auction. This watch sold for an astronomical figure of $17.75 million and the auction included a collection of 50 watches, all of which were sold at incredible prices.
Does this mean that every watch sold at auction will have a very high value? Not necessarily.
2) Rolex sports watches are the most famous example; If you're trying to get it" Submariner,
GMT-Master II, Daytona, Sea-Dweller You will have to wait months. If you look for the old ones, you will find that they have maintained or increased in value over time. So they are a safe long-term investment.
3) Another watch that has increased in value is the “Audemars Piguet Royal Oak” watch, in particular the “Royal Oak Jumbo” watch. The Royal Oak did not get much recognition when it was introduced in 1972, however, little by little, opinions have shifted and now this watch is one of the most sought after.
4) The classic Omega Speedmaster Profession watch has gradually increased in price, which means it is still a very safe investment.
5) Well-known trading hours are often a relatively safe and stable investment that in the worst case will incur a small loss. At best, you will earn a lot of money. And some of them take you on an adventure like: “IWC Portugieser
"Chronograph, the Omega Seamaster, the Panerai Luminor, TAG Heuer Carrera."
Finally, it is important to have realistic expectations in investing in watches. Be prepared not only to invest money, but also time to learn about the watches and their stories. A smart purchase means finding a great watch that will retain its value over time (if you ever decide to sell it) while also enjoying it for years to come.