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5 Tips That Will Help First-Time Luxury Watch Collectors Get Started

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Published
07/08/2020

There’s a lot to be said for collecting luxury watches. Even when the economy tends to go through a rough period, the right watches tend to hold their value. In better times, that value can increase by a significant margin. People who are just beginning to think about investing in luxury watches would do well to learn a few things first. Starting by learning about the best watches to invest in 2020 is a start, but dig a little deeper. Your efforts could pay off with some great purchases that turn out to be lucrative investments.

 

Learn About the Most Popular Luxury Brands

Your education should begin by getting to know all there is to know about the world’s most popular luxury watch brands. Find out about the origins of the companies, how they develop their different lines, and the types of materials they use. You also want to know about any proprietary design elements they include, and even the quality assurance measures they employ before any of their watches reach the public.

Why does this matter? You find out why those brands are so sought after and why they’re likely to remain popular in the years to come. See this as a way to understand what makes a watch worth collecting. You’ll be able to apply that knowledge every time you consider investing in a new or vintage watch.

 

But Be Willing to Look Beyond Them to Other Luxury Brands

There are luxury watches that equal the popular brands in terms of quality, innovation, and the potential for increasing in value. What they lack is the same brand awareness of the more popular watches. Fortunately, that’s not a big issue for other collectors and those who want only the best.

A lesser known brand may have a history of issues models that gain value as the years pass. You may also find that some of those brands are available for lower initial purchase pricing. Since you’re just starting out, you may generate greater returns by opting for one of these brands. If you did a good job of learning about why the brand gains so much interest among serious collectors, it will be easier to select a watch that’s sure to be worth the investment.

 

Understand the Features Offered by Specific Models

While many of the features will be found in most luxury brands, how they work may or may not be the same. It’s a good idea to understand how each of those features work. For example do you know how to set time on a Rolex? What about winding the watch or changing the date?

You need to know this for one simple reason: it’s one of the ways that you can tell a counterfeit from the real thing. Counterfeiters can often mimic appearances, but they may not think about making the functions match. If you know that the stem has to be fully extended in order to change the day or date and the watch you’re looking at will only allow this if the stem is partially extended, then you know it’s not the real thing.

 

Consider the Potential of Limited Editions

Many luxury brands issue limited editions. They may be to commemorate historical events or mark milestones in the life of the company. In any case, only a limited number of that watch model is manufactured and offered for sale. If there is every reason to think that the edition will prove popular, having one complete with the original packaging will prove to be a great investment.

 

While Refraining From Being Caught Up in Fads

Fads are fine for clothing or costume jewelry. There is no place for fads when it comes to luxury watches. If it seems as if a design is likely to enjoy a short run of popularity and then fall into obscurity, it’s likely not a good investment. You’re best bet will be to stick with watches that remain popular from year to year.

There’s more to collecting luxury watches, but these five tips will get you started. As you become more proficient with selecting timepieces, there will be more things to learn. Take your time, remain open to new information, and you’ll be amazed at what joy the collection brings.

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