I agree. My Father bought a Patek with his first bonus check from GM in His wealthy co-worker, Pete Estes, was given one by his father and that impressed my young Dad. I still have that watch. IWC is way way overpriced. They are much more prestigious in Europe than the USA.
My Swiss trained and incredibly talent watch maker friend tells me Pateks movements are not special at all but give credit to the Stern family for continuing to fool everyone. High end brands like Rolex and Patek have great movements and everything about them is first rate. Buy these watches and enjoy wearing them , after all they are meant to be worn not bubble wrapped and stored away.
The bonus of course is that they will hold their value well and in some cases even appreciate in value. I intend to buy a watch next year, for my 60th birthday. What would be your pick? Security with Lange?
Risk with Grosmann? I have 2 Pateks and 1 rolex daytona. The Pateks are beautiful and the inner detail to the mechanism make it gorgeous to look at inside. However i do not wear the Pateks that much as they are a little delicate for everyday wear, meaning they cost more and lose value dramatically with scratches etc, so i look after them.
The Rolex daytona on the other hand is something which can be worn daily and is robust and hard wearing in the stainless steel variant and recognised by everyone from kids to seniors, watch specialists, prawn brokers, basically everyone, only the true watch enthusiast would know about Patek and the other super higher level brands, so come a rainy day, your broke, the stainless daytona will be lent against or sold with ease with very little loss of value, they hold very well.
Had you had a Patek on the other hand, you would of lost allot more. Pateks are to me beautiful understated beautiful timepieces but rolex daytona ss is the one you want to buy if you get bored easily and may want to sell after a few years, but it must be a ss.
I love both brands, the daytona ss is always a good starter watch for the watch collector as the price is always stable and depreciation proof , my experience only. Obviously no way of looking into the future but it does prove that certain watches can shoot up in value. The same happened to me. I was very happy with that. Work that one out. Before you ask I have no desire to try selling them privately as there can be many pitfalls and I am happy to sell and buy something else in.
Also just to point out I do not part ex the watches so the figures are not distorted. I sell for cash and then I start looking what to buy. Normally off different companies. I do find that the article by Robert-Jan Broer is very interesting and does remind me that luxury watches should be viewed as a result of long and short term business decisions rather than just expensive time keeping mechanisms.
I know the price for luxury watches or anything else will increase over time provided sufficient disposable income is available. I do not expect the re-sale price of a luxury watch to increase unless the economy is stable and able to sustain a sufficient number of high paying jobs into the next generation and beyond. I own Pateks and I own Rolexes. How do you compeer a Rolex to a Patek???
You lost my respect. As I said I own them both. Eddie, what a terrible comment. You just lost my respect. My first target is a rolex. You just lost my respect!! Eddie is right. You can not compared handcrafted Patek to a mass production of Rolex. Comparison can be made for overpriced Rolex to Balls in mass production. Articles talked about increased in watches resell value. But not all Rolex are increased in value.
The rest of Rolex lines are losing money if selling in 3 years or less. Yes, I collected all kinds. American as apple pie? Did the Americans sell the apple pie recipe to the Japanese? Bulova is owned by Citizen. Bulova was only sold to citizen in The company was as American as apple pie. Do a little research or go back to youtube. Better link. What do you guys think about this Christiaan Van Der klaau watch??? Listed for a ton grand and I found it for 11 In a local store.
Take a look at a pic of this model. Great article. I was discussing last night with my wife the wonder if the Tudor Pelagos with the ETA movement will be worth something in the next years as they have moved over to the inhouse movement. Will I be kicking myself for not purchasing a few and tossing them into the safe?
We have seen it happen before. A historic yet quiet brand with selection of exciting vintage watches suddenly releases expensive updates of its former versions. This happened with JLC, Omega, and others. Corum is one of my favorite brands. Sell TAG Heuer. Transocean, Navitimer, and Chronomat watches are in demand, and if you can get an older model in pristine condition, it has a good chance of holding its value well.
Sell Breitling. But if you strategize, choose carefully, exercise patience, and keep an eye on upcoming trends, you may be able to find yourself in the enviable position of owning watches that appreciate with time. All rights reserved. Worthy, Inc. Watches That Hold their Value. This stands as a testament to its accuracy and precision. The Atomos is a rather unique piece where the movement comes in a glass chamber, operating based on the atmospheric pressure of the room.
Jaeger LeCoultre watches are not affordable by many. Check out these affordable Reverso alternatives! Considered pioneers in the field of fusion technology, Hublot manufactures watches harmonizing the traditional and modern elements. Hublot takes immense pride in its art of fusion.
For instance, the brand was one of the first to develop a watch fused with metal and rubber. Seeing how this was an immense success, Hublot now uses this art of fusion to the very core of the timepiece. The craftsmanship of the company paired with innovative technology enables them to keep venturing into futuristic watches with conventional watchmaking techniques. Engineered with a bold dial, the face offering a glimpse into the movement underneath, enclosed in a metal case with a rubber strap, makes Hublot a distinctive luxury watch brand.
TAG Heuer is a household name for luxury watch brands all around the world. Founded in , TAG Heuer makes not just watches, but also fashion accessories. At the time of its inception, the founding members of the company relied on family leadership and technology to build the company into what it is today.
Subsequently, the high-quality and bold design formed the epicenter of all TAG Heuer watches. TAG Heuer has many patients to its name. The first being the crown-operated key-less winding system. As the demand for innovative timekeeping rose in the field of medicine, sports, and for different industrial needs, TAG Heuer unleashed its aptitude to make precision watches.
With the passing of every generation, TAG Heuer uses years of watchmaking expertise to make modern innovative watches. Omega, a brand considered a rival for Rolex, makes innovative watches with the best technology and a century worth of expertise in watchmaking. Originally founded in and rebranded to Omega SA in , the brand functions as a subsidiary of the Swatch Group. What makes Omega so prestigious and unique? In addition, Omega has once been the official timekeeper of the Olympics game in and is also worn and endorsed by many celebrities and politicians.
Treat it well by storing it in a jewelry box or watch winder when appropriate and it will reward you in many ways over the years. I have a very limited edtion 14K Timex Dorado, never worn, operational, in original factory gift box with all original tags.
Likely they only watch of this kind in perfect condition available. Where is the best place to sell this? I can forward photos. We sell watch winders but do not sell watches. Your email address will not be published. In Stock and Ready to Ship. Fast Shipping from California. Patek Philippe Only about 45, of these world-famous beauties are made every year, and that is only a small part of the reason for their prestige. Rolex Ask ten people to tell you the name of the first luxury watch maker that comes to mind, and it is quite likely that most of them will blurt out the name of this world-famous company.
Audemars Piguet Like the Rolex, this is a premium Swiss watch company which is well-known for its high-quality watches. Cartier Paris No other company has achieved such an iconic status for fashion and prestige in the watch industry as Cartier. Vacheron Constantin Although this brand might not be quite as well-known by the general public, it is very well regarded by collectors and luxury watch lovers all over the world.
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