Buying pre-owned Omega watches or any other luxury watches is not just for the love of a good watch but also an investment. Like any other investment, your pre-owned or new buy watches will see a rise in value or even a dip as time goes by. If you have been collecting watches for a long and are not sure you should hold on to a piece or sell it to get a new one, here are three watches that will see great value in 2024.
Rolex Daytona and Submariner
Rolex is always an in-demand brand in the luxury watch market and will continue to do so in 2024. This year, second-hand or pre-owned watches are going to see a surge in demand because Rolex is going to increase their retail price by 4%! It means that buying a new one will be harder for those who love a good watch. Hence, the pre-owned market will see good demand for authentic Rolex watches, even the lesser-known ones. Two series that will increase in value are Rolex Daytona and Rolex Submariner. If you own any of these models, hold on to them, as you can get a good return on your investment. Just ensure they are in great condition and you have the papers to prove it is original. If you don’t have one, look for one today, as it will be harder to get as 2024 progresses.
Audemars Piguet Royal Oak
Another much-admired brand, Royal Oak from Audemars Piguet, was discontinued in 2022, so there will be a great demand for this in the pre-owned market. With its timeless design and the fact that it was made in limited numbers, it was already an item every collector wanted in their collection. Now that it is no longer in production, there is only a handful in circulation. Hence, if you have one, you should keep it because this demand will only rise and will continue to rise beyond 2024. The most sought-after piece in this collection is the 50th Anniversary Edition of Royal Oak.
Breguet Transatlantique
Another luxury brand will also see a good rise in demand is the Brequet brand. People will look for the watch in a wristwatch store in California, the Breguet Type XXI Flyback Chronograph Transatlantique. This beautiful watch is a great collector’s item with a 42mm, 18K rose gold case, luminous hands, and a recessed sub-dial.