Jewelry & Watches

My Jewelry Obsession – What Makes a Watch Worth the Investment?

Photo Courtesy of Cartier

Becoming a watch collector is not a piece of cake, as a watch connoisseur needs to know what makes a certain timepiece special and ultimately, worth the investment. Gaining deep knowledge of watches needs time and patience especially with all the novelties and innovations the industry is witnessing these days.

A number of aspects play an important role in making a watch worth the investment and the first of them is the expertise used to create it. What sets a watchmaking house apart is its heritage, expertise in the field and exclusivity. A watch gains its value from the demand for it, its availability and sometimes, the celebrities and VIPs that have worn it.

A watch enthusiast invests in a watch that is as clean as possible. Buying a watch at the right time for the right price is essential if you want to get yourself one that increases in value over time, as it is difficult these days to pay full retail price for a new watch and expect to make a profit out of it later on. The pieces watch-investors need to keep an eye on are the iconic ones and the classics. A watch that is not being produced anymore is also a good investment, as long as it reflects an important phase of the brand’s heritage and its development, because it becomes rare.

The thing about investing in watches is to stay updated on the progress of the brand’s development and the history of a watch. This is not an easy process at all, but an enjoyable one for every watch enthusiast.

 

Mirella Haddad



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