What Watches Can Go Up in Value?
In a similar fashion to brand-new cars, brand-new watches tend to decrease in value. This is one of the reasons that many people choose to buy pre-owned watches for their collections. Nevertheless, there are some watches that can actually go up in value over time. These are typically those that have been produced in limited numbers or else are older watches no longer being made. But what watches are most likely to go up in value? Moreover, what factors contribute to the value of a watch and its subsequent increase in value?
The average watch bought in a department store or jewellers will obviously not go up in value. It is only luxury watches from top brands such as Rolex or Patek Philippe that tend to see an increase in their worth. But even so, not every model these companies produce will go up in value. It will depend on a number of factors, which can include such things as exclusivity, availability and, of course, demand.
Rolex watches a brand famous for mainly mens watches as you might imagine, tend to hold their value very well and quite a few of their models will increase in value with time. A lot of this is largely down to the brand’s recognition and reputation, but there is the fact that Rolex watches are in high demand as well.
Other brands such as Patek-Philippe watches are also well-known and highly sought after, especially by watch collectors. Nonetheless, many watches from other manufacturers tend to increase in value, including the Omega Speedmaster, Audemars Piguet Royal Oak, and the Breitling Navitimer. Availability, demand, and exclusivity have all played a role in these watches becoming much sought-after pieces. This has in turn caused their value to increase over time.
If you wish to Sell your Watch to online we will happily provide an quote free of charge.