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A Beginner’s Guide To Buying Your First Luxury Watch

Stepping up and making your first big watch purchase can be a daunting task and frankly, the story we hear all too often from longtime collectors is this: "If only I knew what I know now ...

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A Beginner’s Guide To Buying Your First Luxury Watch

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  1. A Beginner’s Guide To Buying Your First Luxury Watch

  2. Stepping up and making your first big watch purchase can be a daunting task and frankly, the story we hear all too often from longtime collectors is this: "If only I knew what I know now ..."

  3. Like any other luxury good, shopping smart requires a bit of education. Sure, you can walk straight into your local Rolex, Omega, or IWC boutique and just buy that new piece that caught your eye, but if you don't choose wisely, you'll lose your shirt. Not all watches are created equal and, similar to the luxury car market, not all high-end watches depreciate equally.

  4. Full disclosure, if you are considering buying your first luxury watch like casio watches for men primarily as an investment that will be worth a ton more when you choose to sell it, look elsewhere. Yes, there are watches that gain in value over time (the Patek Philippe Nautilus reference 5711 currently sells for more than double its retail price) and both modern and casio vintage watch examples of the Rolex Daytona have exploded (retail Retail at the modern Daytona is $ 12,400, but good luck finding one for less than 60-70% premium). • However, if you're playing ballpark for under $ 10- $ 15,000, your options are pretty slim. That being said, if you love watches and the craft of watchmaking, you can be steered in a direction where at least you won't make a bad buy. • Aiming to hit the ballpark of up to / around $ 5,000, here are the luxury watches (new, old, and used) we suggest looking at.

  5. Almost any steel Rolex • As vague as the answer may seem, these days it's pretty hard to go wrong looking at any of the modern steel Rolex catalogs, whether it's a GMT-Master II, Submariner, Explorer or even an Air King. • Rolex has been cutting production in recent years, which has consequently pushed up prices even in the secondary market. For example, the GMT-Master II "Pepsi-bezel" launched last year is supposed to have a retail price of $ 9,250. Sure, it's an expensive entry-level piece, but the wild part is that these watches are in such high demand that they are currently trading for over $ 20,000 on the open market. • For something a little more palatable, you can get something like a Rolex Explorer or Air King closer to the $ 5,000 mark, and whether you keep it for a few years or a decade or two, chances are you at least will. . you won't lose money on it.

  6. Limited Edition Luxury Watches • Once again, we are throwing a pretty wide umbrella here, but there are some specific criteria to follow to make this work in your favor. • First things first, any limited edition offered in the thousands and thousands of examples is not really limited and should be discarded if it is considered to maintain or gain value. The lower the count, the better it is, regardless of the entry price of the watch in question. • Items like Panerai's limited-edition bronze watches or rado white watch or Omega's "Speedy Tuesday" limited releases that launched online have performed well over the years, but even at more accessible price points, you will occasionally see pieces. very limited that work great when it comes to value retention.

  7. The best examples include low-volume independent brands such as Halios and Ming or casio digital watch, which continue to be in much more demand than supply. At the other end of the spectrum, Zodiac watches (a dark, well-executed arm of the Fossil Group) have had a handful of limited-edition releases that continue to be popular - the rare instances where they go on sale through sales of clocks. / trade forums (watchuseek, etc.). • A particular example is the Super Sea Wolf 68 in bronze, of which only 82 were made. Priced at just a hair over $ 2,000, it was a bit higher than their regular offerings, but since they sold out it's nearly impossible to track, with the only example we've seen recently on eBay for $ 3,995.

  8. Buy Vintage (DO YOUR HOMEWORK) • Ask any watch collector and they will undoubtedly tell you that the vintage luxury watch market has been on fire these last few years. With Phillips and Christie's auctions getting more and more insane sales results, and more and more people getting into the business of buying and selling antique watches, there is a lot to choose from, but also a lot of risks involved. • If you're going to do this, you should stick with a retailer that you know you can trust for rado ceramic watch; otherwise your chances of getting burned on a part that is not in its original condition or that has mechanical problems (or worse, both) are VERY high (we will delve into the "where to buy" part next week).

  9. Knowing where you are shopping is one thing, but knowing what to buy is another. Many less conventional brands continue to go up in price: brands like Yema, Wittnauer and others have gone from being unknown and undesirable to new and popular. Meanwhile, the old archives of the more mainstream brands also continue to grow. Heuer and Breitling vintage watches, vintage Omega chronographs, and even a variety of Bulova watches from the 60s and 70s are worth more than they were a few years ago. • At the end of the day, we'll always say that you need to buy watches with your heart in mind more than your retirement plan, but if you keep your ear to the ground and pull the trigger at the right time, you can do so in Avoid at least one massive depreciation in that first big luxury watch purchase.

  10. About Us • We, at Zimson, understand fully well that usability of an online platform is of utmost important! The experience that our customers have while shopping online has a direct impact and decides if they will remain loyal to us. With online shopping gaining popularity, we have done a thorough research in understanding what makes the user experience exemplary and we have ensured that out e-commerce platform delivers all that a customer wants and much more! Our online store provides you with the clarity and elegance ensuring a good and strong relationship between the navigation system, the functionalities and content offered to the customer. • Website - https://zimsonwatches.com/

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