What is Special About Old Watches
Watches by Swiss manufacturers are considered the best and most reliable in the world. Popular models of Rolex, Cartier, Omega, Patek Philippe, Ulysse Nardin, Chopard have an excellent design, recognition and a durable mechanism. A few people can buy a new watch of these brands, and this is obvious. Such things are expensive, therefore many people consider buying an old brand watch.
Few reasons to buy an old watch
Buying a used watch from a Swiss manufacturer, you can be sure that they will not break soon. There are several explanations for this:
● genuine Swiss quality has been made for centuries and such watches are not so easy to disable;
● they can be easily checked by specialists in service stores and make sure of their reliability;
● their breakdown is possible only in case of factory defects. However, it is really rare to happen.
● it has own identification code, by which you can get all the information about its production.
Buying an old watch — a smart decision
Such a purchase can be called profitable since if you decide to sell them after some time, the loss of money will be minimal. If you choose and buy a watch wisely, then it is likely that in the near future the price for them will increase. There are certain models and brands whose market value does not fall but only increases. When it comes to luxury watches, buying a used model definitely makes sense.
What should be taken to consideration
Modern watches are sold at a price set by brands. As soon as you buy them, the price drops. Then it stabilizes and remains at approximately the same level. As for vintage watches, the market sets the price and it mainly happens at auctions. Its basic price becomes clear after the third or fourth resale of the model. Therefore, a tightly limited release initially lays a good prospect on a rise in price in the future. In addition, the more time passes, the fewer copies keep a good condition.
Rolex is one of the most famous brands in watchmaking. No one can compete with it. However, there are other hits on the vintage watch market. Audemars Piguet or Heuer, Autavia, and Carrera — now there is a great demand for these brands. Longines also shows a good dynamic: for example, chronographs with 13ZN calibers cost 20-30 thousand dollars five years ago, now their price at auction — 50-60 thousand dollars. These brands did a good job telling customers about their heritage and their value.
If you decided to invest in a brand old watch — go ahead. There is nothing to worry about.