Most people who buy watches purchase one because they want to wear it and use it for themselves. However, there are select groups of people that actually look at the luxury timepiece market and buy these watches as investments.
There is actually nothing wrong with buying watches solely for financial gain, but there are certain rules that one must know so that they will buy the watch that will give them some returns.
Whether it is an automatic watch or any luxury timepiece from Patek, this article will guide you to buy watches solely for financial gain.
Invest in Swatches
You might have heard of this brand called Swatch which is just a term that is derived from the words ‘second’ and ‘watch’.
In the early 1980s, Swatch was actually the watch that helped saved the Swiss Market and that is mainly due to the fact that affordable watchmakers from Asia (namely Seiko and Citizen) have created timepieces that are not only inexpensive but certainly has a great degree of craftsmanship as well.
Then, the Swatch watches were born. This not only revitalized the Swiss market, but it paved the way for more advancements in the European watchmaking industry.
Although they are not entirely expensive, Swatch watches are highly valued in the second-hand market simply because of its horological value.
If you are going to buy Swatch watches, make sure to either buy the complete set or those that still have their boxes intact.
Timex is Cool
When you are thinking about investing your money in watches, it doesn’t necessarily mean that you look at more prominent companies like Patek or Rolex. There is money that can be had even in affordable watchmaking brands like Timex, for example.
Timex is not synonymous with luxury watches, but despite its affordable price tag, there is some horological value to their timekeeping instruments as well.
Pay particularly close attention to the Timex Marlin. This watch costs no more than 30 quid but if you look at the market, it actually costs more than 50 quid. That is because the company stopped producing Timex Marlins for a time.
But, why would I recommend something that is not in production anymore? Well, the company is going to sell more Timex Marlins for a limited time and that would be your
window of opportunity to hoard as many as you can to buy in the second-hand market once the availability is gone again.
Seiko SKX is a Prized Commodity
Seiko is one of the most reputable watchmaking companies out there and although they are not known for their luxury watches, they are known for some iconic timepieces, mainly their Seiko SKX line.
This watch is so affordable but it is going to rise in prices soon. Why is that? Well, that is because their SKX lineup is going to be discontinued soon and anything that is discontinued will surely increase in price.
Aside from that, the Seiko SKX is one of the most affordable, robust, yet stylish dive watches in the market. So, if you can get your hands on a couple of Seiko SKXs, buy them now as they are worthy investments indeed.