Infographic: Top 5 Luxury Watches Ideal for Investment
If you are someone wanting to know about the top 5 luxury watches and understanding watch appraisal services in detail so that ideal choices for investment can be made, then please refer to the infographic attached.
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When you hear someone is fond of buying luxury watches, what is the first impression that gets created in your mind? Is the person only interested in wearing watches and using them as accessories? Well, definitely not. Investing in luxury timepieces is something much more than that. The older the luxury timepiece, the more expensive it becomes. Buying luxury timepieces is just like investing. All you need to do is have a good idea about the watches that are worth buying and whose worth increases with the passage of time.
But how do you get to know the worth of the watch that you bought years ago? Well, in order to know that, you need to get the appraisal done. Getting the watch appraisal is indeed an extremely important task, and everyone must get it done. Listed below are the steps that will provide you with the clarity regarding what is done in an appraisal.
Why Watch Appraisal Matters
Watch appraisals matter, and there are various reasons behind it, the most important one being the insurance. When you go to get the appraisal done, the watch valuer looks for a significant number of important things before deciding the current worth of the watch. Listed below are a few important things that the appraisers look for when valuing a watch.
- Brand reputation—Established heritage brands hold lasting value.
- Model and reference —rare or discontinued models fetch higher prices.
- Condition—Mint or well-preserved watches appreciate more.
- Rarity and production numbers—Limited editions often skyrocket in demand.
- Age and authenticity —vintage pieces with original parts are prized.
There are a few important luxury watches that are considered to be the ideal choice for investment, and we have listed a few of them below.
1. Rolex Submariner
The Rolex Submariner is one of the most desired diving watches. This watch was introduced in 1953, and very soon it became the symbol of strength and a strong investment. This watch had a strong market demand due to its classic aesthetics. Even in today’s times, the Submariner has a strong resale price because of its reputation and the collectability, which stands unmatched.
2. Rolex Daytona
There are a number of watches available these days, but not every watch has become as popular as the Rolex Daytona. This watch was initially famous amongst the racing enthusiasts, as the watch carried the chronograph features and sleek design. All these features made it more of a cultural phenomenon. There are many in the range, but the “Paul Newman” Daytona in particular is one of the most valuable watches sold at the auction. It has a limited production and a high demand, which makes it one of the most sought-after watches.
If you are someone wanting to know about the top 5 luxury watches and understanding watch appraisal services in detail so that ideal choices for investment can be made, then please refer to the infographic attached.
