iCrowdNewswire Dec 29, 2020 1:53 AM ET
It may be sometimes hard to understand why an individual will splurge an enormous amount of money for a luxury watch. But what most people may not know is that these precious timepieces are more than just an accessory that tells the time. It’s a symbol of a person’s taste in life. More than that, it’s also an excellent investment that provides huge returns.
Collecting luxury watches is one of the most popular hobbies of watch aficionados. Aside from its promise of good profit, luxury watches are enticing to collect because of the thrill of discovering the most eccentric and most expensive models. If you are thinking of starting your own collection, here are some factors that might help you kick-start.
1. Consider the brand and model
Ideally, have a mix of different brands in your collection. However, before you buy a luxury watch, make sure that you have carefully considered other brands and models. Some of the most well-known models are Grand Seiko 9s Mechanical, Franck Muller Vanguard, Rolex Cosmograph Daytona, and more.
By checking out the different brands, you will understand more about each watch’s personality and features. Every luxury watch company has its signature styles and designs. So, if you want to have a good mix of timepieces in your collection, it’s best to have a good look at all available models in the market.
2. Manufacturer’s background
Just like any other luxury item, it’s best to consider which country was the item manufactured. For timepieces, it’s common knowledge that some of the best watches in the world are Swiss-manufactured. Through the years, Switzerland has mastered the most intricate watchmaking techniques. Most, if not all, long-time luxury watch brands are manufactured.
However, did you know that other countries are also known to be great manufacturers of watches? Some designer watches are created in Germany, Japan, Russia, and even in China. As much as possible, try to research the various places that manufacture watches.
3. Be familiar with the style or type
Once you are familiar with the brand and the manufacturer’s caliber in creating these timepieces, it’s time to inspect the different types and styles of watches. The most basic is identifying whether you want to collect only analog watches or just digital watches. However, you can also have a combination of both. By knowing which style or type of watches you want to collect, you will have an idea of how to properly take care of and maintain them.
4. Understand how the watch mechanism works
There are 3 types of watch movement: Quartz, Mechanical, and Automatic.
Quartz is the most precise in time-telling. It’s easy to maintain as well because it is powered by a battery. Mechanical Movement is a spring-driven mechanism that needs to be winded periodically. It is the most technical watch movement, and it requires extra care and maintenance. Lastly, Automatic watches are also known as self-winding. It works through kinetic energy where the power depends on the motion of the wearer.
As part of your watch collection, it’s ideal to understand more about these different watch mechanisms in order to know how well they function.
5. Research about its features
A luxury watch will be completely useless if you don’t maximize its features. Just like in regular watches, these expensive timepieces are also built with different other features, especially for sports watches. Regardless if you are going to use it often or not, it’s best to know more about what your watch can do. In that way, it will be easier for you to make the sale in case you want to make money out of it.
6. Consider the materials
Make sure that your watch collections are made with quality. This may not be a big problem if you are investing in luxury watches. However, it’s still necessary to familiarize yourself with different materials such as leather, metals, gems, and stones. In that way, it will be easier for you to maintain the watch.
7. Stay within your budget
No matter if the luxury watch will double its price once the value appreciates, it will not happen overnight. Luxury watches as an investment have a longer return compared to other types of investment. Because of that, it’s important to only spend within your means. As much as possible, set up a budget so you will not dig a hole in your pocket each time you buy.
You need to consider that luxury watches are not cheap accessories. If you want to start a collection, be ready with the fact that you will shell out thousands of dollars each time you add something to your collection.
Buy your luxury watches online!
Have you started your collection? Visit Watchshopping.com to discover a variety of luxury watches to add to your collection.