What makes a watch a “luxury” watch? Is it the appearance of the watch? How about the value? Realistically speaking, many individuals view watches as “luxury” based on the different watches, brands, and collections available. Many luxury watches can be passed down as heirlooms if they are made out of high quality materials. Most luxury watches are known to last through many generations, all the while functioning properly.
Many investors are parlaying their monies from poor performing stocks, due to the current economic crisis, into select watch brands and models. Many vintage timepieces, such as the Rolex ‘POW’, Patek Phillipe ‘Sky Moon Toubillon’, and A. Lange & Sohne ‘WWII Pilots Watch’, have increased greatly in value. A Rolex Paul Newman Daytona, sold for under $10,000.00 in the 1970′s, can sell for around $100,000.00 today.
As an investment, like any investment, you want to buy low and sell high. Perhaps you can achieve this by catching a seller at the right time when he just needs fast cash, or speaking with watch experts who are knowledgeable in relation to good deals. The watch specialists at GlobalWatchBrokers.com have a wealth of free knowledge and can assist, should you be in the market.
Luxury watches usually are listed at high prices due to the cost of making them. Many retailers, however, can sell luxury watches at cheaper discount prices. This allows many people to own a very nice and coveted luxury watch.
Popular investment brands of luxury watches include but are not limited to:
A. Lange & Sohne
Baume and Mercier
Many other online watch dealers also include these brands of luxury watches:
Rado and Zenith
If you would like to learn more about the history of many of these watchmakers, you can view it at GlobalWatchBrokers: Watch History.
When searching for the right luxury watch, don’t consider just the price. You want to look at the materials from which the particular watch was made – for example: gold, silver, etc. Many individuals do not mind buying a luxury watch for themselves, though they do make fantastic gifts as well. Who doesn’t want to own a luxury watch? If you need help deciding which luxury watch is for you or are considering selling a stellar timepiece, GlobalWatchBrokers has got you covered.