5 Watches That Hold Value Over Time
Luxury watches can be a great investment, especially if you know which brand to invest in. Not all watches are created equally and not all watches hold the same value. Just like a car, a luxury watch can depreciate in value. There are several factors that can cause a watch to depreciate. Understanding which watch brands hold their value over time can be helpful in determining which watch to invest in.
Here are 5 watches that hold value over time:
Rolex watches are one of the most recognized watch brands in the industry. They are classic, timeless and are one of the watches that hold value really well. The swiss watch makers behind the brand use extremely high quality materials in crafting each watch, they even have an in house foundry that makes all their gold. A rolex watch is the easiest of all watches to sell due to it being extremely well known and always in demand.
2. Patek Philippe
Patek Philippe watches are one of the most prestigious watch brands in the industry, as well as the most expensive. If you own a Patek Philippe watch you are definitely holding an investment that will pay off in the end. Most Patek Philippe watches hold or even increase in value depending on the model and condition of the watch. They are recognized as being one of the most complex watch brands in the industry. Patek Philippe watches range anywhere from $5,000 – $1,000,000. These watches are definitely worth the investment and will pay off big when selling for cash.
Cartier is also another well known watch brand that is becoming increasingly popular among watch investors. Cartier watches embody elegance and command attention. The cartier brand is well known for creating luxury and timeless pieces for both men and women, and is perhaps one of the most coveted watches for women in the industry. The quality, craftsmanship, and luxuriousness of these watches are what make them a highly valuable and lucrative investment.
IWC, or International Watch Company is another brand of watches that holds value over time. Most well known for their Pilot watch, IWC truly mixes technology with luxury in every watch they create. IWC watches range in price from $3,000 to over $20,000. These watches offer a great resale value if properly maintained and cared for.
5. Jaegar Lecoultre
Jaegar Lecoultre watches are definitely a contender when it comes to watch value. Although they are not as well known as a rolex or cartier, their quality and craftsmanship are parallel to such brands. Jaegar Lecoultre has hundreds of inventions to their name and are constantly increasing the bar when it comes to technology in watches. They also offer some of the most intricate and well made watches in the industry. Jaegar Lecoultre watches hold a great resale value and garner a high amount when selling to luxury watch buyers.