5 Things You Should Know Before Investing in a Luxury Watch

1. 5 Things You Should Know Before Investing in a Luxury Watch According to legend, the famous watch brand Rolex got its name when a genie spoke the name to Hans Wilsdorf. Although Rolex does not mean anything, it has become synonymous with luxury watches. There are numerous luxury watches with baffling names, and just like their names, their prices can also be bewildering. Most luxury watches have five and six-figure price tags, and you may wonder if those timepieces are worth buying. However, the demand is skyrocketing for luxury watches. If you plan to invest in a luxury watch, here are a few tips to help you get the right one. 1. Not All Brands Appreciate There are many luxury watch brands on the market. Although you may have heard stories of old luxury watches being sold at unimaginably high prices, that is not true for every luxury watch brand. Luxury watches manufactured for select clientele have their own reputation, and you often don’t see many advertisements for such brands. The unique design, excellent craftsmanship, and quality of the materials are what make them appreciate. If you plan to spend money on a watch as an investment, it is beneficial to research its resale value. 2. Know the Watch Movements Smartwatches use a battery, and quartz watches run on electrified quartz crystal to keep time. Mechanical watches use gears and springs to make the movements. Mechanical watches require superior craftsmanship, and these watches have to be wound regularly to keep them running. However, they can last generations if maintained well. When purchasing a new wristwatch, consider the watch’s movement. 3. Choose a Watch That Fits You Perfectly Knowing the proportion of the watch is the key to finding a suitable watch for your wrist. A big dial on a small hand may look strange. Similarly, a small dial can look odd on a bigger hand. If you are interested in buying a skeleton watch, brands such as Tufina watches can be a perfect fit as they have a wide range of skeleton watches. If you are interested in dive watches, you can choose popular models, such as the Omega Seamaster, Rolex Submariner, and Timex Navi XL. Understanding your taste and the watch’s size will help you get a stunning luxury watch. 4. Know Your Budget If you are looking for a watch as an investment, you will have to shell out a large amount of money. It may cost you over $10,000. An entry-level mechanical luxury watch may cost you a minimum of $500, and a decent mid-range watch ranges from $1000 to $5000. Know your budget and choose the timepiece that best fits your financial situation.

2. 5. Read Watch Reviews Brands that proclaim their value may not worth your money. You need to be aware of brands that don’t have quality designs and craftsmanship. Familiarize yourself with luxury watches through the information available online. Reading watch reviews of brands, such as MVMT watch reviews and Movado reviews, will help you understand their real value. Luxury watches are more than an accessory. You should consider many factors to make a smart buying decision so that your new watch lasts. Resource Box The author regularly writes about luxury watches and manages a website that provides genuine watch reviews, such as Movado reviews and Tufina reviews and the latest information about popular luxury watches.