Just like gold and silver jewelry, luxury wristwatches can also be an excellent investment for your money. But before you start looking for a luxury wrist watch stores in California, here are 2 tips on how to invest in such watches.
Not all luxury watches are good investment pieces; being costly doesn’t make them investment-worthy. The brand of the watch and how they are made matters very much in this market. The brands with the highest investment value for wristwatches are Rolex, Patek Philippe, Vacheron Constantin, and Audemars Piguet. Rolex is valued as each watch is made with the highest quality products possible, giving you the most reliable watch possible. Patek Philippe is the watch that shows luxury and class, while Piguet is the ultimate when it comes to Swiss luxury watches. Constantin watches have a long history of being an elite watch as this Swiss watchmaker company is 250 years old.
However, if you are new to investing in luxury watches, it is better to start with Omega watches. This brand is also known for its quality and is a watch company endorsed by celebrities. It was the watch worn by the astronauts who landed on the moon and James Bond in most of his pictures. Moonwatch from Omega’s Speedmaster series is a tremendous first-buy luxury watch for a beginner in luxury watch investment.
The next tip is regarding where to buy your watches from. The best bet is to buy directly from the manufacturer, especially for high-end luxury wristwatches. You will also get all the original papers, boxes, and other items in the original packaging. This original packaging and original receipt will play a huge role when you want to resell your old watch.
The only con about buying directly from the manufacturer is that you get little to no discount on the watch’s price. However, even with that, the price is often lower than the price at the secondary market, especially if it is a limited-edition or very popular model. As for where you can find the manufacturer outlet, they are mainly present as boutique stores in upper-end luxury shopping areas or hotels. You can buy them directly from their website as well. The second option is to go for authorized wrist watch stores in California for a particular brand.
So, these are some of the tips to keep in mind when you want to invest in a luxury watch.