How to invest wisely in a timepiece
I 'm sure you have all heard of record breaking prices of
vintage watches at auctions and are considering making an
investment in watches. The phenomenal success of quartz watches
in the seventies and eighties drove up values of old mechanical
watches as they became rarer.
It is this enthusiasm for mechanical watches that has spur
manufacturers to come up with new innovation in mechanical
watches.
So how do you choose a mechanical watch that will not only hold
its value but also rise in value?
Buy a brand which is reputable and has a long history of
preferably at least a century old.
Check with auction sites and used watch dealers and find out
the value of a 5 year model. Is it worth any value? How about
older ones? Are they worth more than the new models? If yes,
then this brand may have good investment potential. Omega
watches , Corum
watches, Concord
watches and IWC
watches are brands which have models that appreciate