2 key Tips for investing in watches

2 key Tips for investing in watches
Investing in watches can sometimes be a rewarding endeavor but it can also turn out to be a disaster. Watches that you have been told that are of investment quality may not always turn out to be a money-making venture while those little known watches may sometimes surprise you with their value. Although it may sound complicated, well known brands such as Patek Philippe, Vacheron Constantin, Audemars Piguet, A. Lange & Söhne, IWC and Rolex etc do typically fall into the range of investment watches but not all watch models by these companies are investment watches. Other well known brands such as Tag Heuer, such as the Tag Aquaracer are good watches but unfortunately the aquaracer is not an investment watch. However not all the watch models from the above companies will gain value, as the value of the individual watches will still be dependent on the popularity of the watches and the scarcity of the particular watch models.
ScarcityThe limited supply of a particular watch model can help to increase the value of the watch especially if collectors are heavily interested in them. Watch numbers will tend to decrease over time due to consumer losing their watches or collectors keeping them permanently in their collection. Therefore the value of each watch, that have lesser numbers over time, tend to increase in value. Rarity can also be created by the watchmaker. Some of these limited edition watches will be sought after for their rarity. Watches that are rare will have good value particularly if the watches are made to commemorate significant events.Complications Collectors are interested in complications in watches. Special features such as perpetual calendar, tourbillon, moon phases, power reserve indicator and day and night indicator distinguishes one watch from the next. Particularly so if the complications is proprietary to a particular watch. But the presence of complications does not mean that the value of the watch will necessary increased. You will have to read plenty of reviews of the watches to get a feel of whether the watch's complications are sought after and hence the value.The value of a watch does not typically increase overnight and you will not be able to make a overnight profit with watches. The value of a new watch after purchase will drop before any appreciation. That is typical. Hence you should buy a watch only if you have a liking to the watch and have an intention to keep the watch for a long time.