Top Luxury Watches Good For Investment

When you buy luxury watches for investment purposes, it is essential to consider a few factors so that you get the maximum returns. Certain high end watch brands that are good for investment. Depending on the demand for the watch brand and model, along with the condition of the timepiece and other factors, a watch valuer finds out its accurate market value.

Best Investment Worthy High End Brands

Let’s take a look at a few of the top investment worthy high end brands. By selling these luxury brand watches, you can make a good amount of profit. Before selling your coveted timepiece, get a watch appraisal online, to know its accurate value in the second hand market.

Prestige Valuations offers watch appraisal services online. They have experienced appraisers who can accurately find out the value of your precious timepiece.

Rolex: Best Brand To Invest

When it comes to investment worthy high end watch brands, Rolex tops the list. The resale value of Rolex in the second hand watch market is very high. Timeless designs and innovative features of these impeccably crafted models ensure that they hold their value over time. A few of the models you can consider for investment include Daytona, Submariner and Datejust. At times, you can even fetch more prices than you spent when buying them.

Let’s look at the case study of the Rolex Daytona that once belonged to the American actor Paul Newman. It is believed to be the costliest watch ever sold. Brand name impacts the sale value a lot. Rarity and provenance also matter when it comes to selling a timepiece in the second hand market. In 2017, this Paul Newman Daytona was sold at a whopping amount of $17.8 million at an auction.

Audemars Piguet: Modern Investor’s Choice

Audemars Piguet is popular among watch collectors and investors for its bold and innovative models. Some of its models are good for selling on the second hand market and may fetch good returns. As an investor, you can consider models such as the Royal Oak and the Royal Oak Offshore.

Patek Philippe: Yield Significant Returns

Watch enthusiasts and collectors love Patek Philippe timepieces. Limited edition models of Patek Philippe can yield significant returns. These timepieces are known for their innovative features and precise complications.

A case study shows how profitable it can be when you invest in this brand. The Patek Philippe 1518 is renowned for its chronograph and perpetual calendar. This rare timepiece (1940s model) was sold at an auction for over $11 million in 2016.

In knowing the true worth of your coveted piece, watch appraisal services play a crucial role. Whether you are planning to sell your luxury timepiece or want to get it insured, an expert watch valuer is needed.

Tips to Take Care of Branded Timepieces

To make sure that your branded watches maintain their value over time, you need to follow the tips mentioned below:

Routine Servicing is essential

Routine servicing is essential to keep your timepiece running and to enhance its longevity. Proper servicing maintains its condition and hence value as it continues to perform well. You can get your high end timepieces serviced every 4-5 years.

Safe Storage is a must

Being a high end watch, it is recommended that you safely store and handle your coveted timepiece. When you are not adorning your wristwatch, store it in a clean and dry place. Avoid humidity and extreme temperature. Handle with care and properly clean your precious piece so that it maintains its charm and value.

Before you plan to sell your watch, get it appraised through watch appraisal services online.

Key Factors that Impact The Value of A Luxury Watch

Let’s learn the key factors that can impact the resale value of a luxury timepiece:

*Brand Reputation
*Materials
*Rarity and Demand
*Heritage
*Craftsmanship