Divining the Future
Luxury watches can make great investments, but finding the right one can be a minefield. explores the factors that will boost your purchase’s potential to hold or increase its value
’m always honoured when an acquaintance seeks my advice on making a purchase. First I ask if they have a favourite brand or if a specific watch has caught their eye so I can gauge what might interest them from an aesthetic point of view. But there’s almost always another factor on the potential buyer’s mind—which watch will be the safest investment? This is the most difficult element of the decision, because one can only make an educated guess as to the future value of a specific watch. Most in experienced horological circles will tell you to buy what you like within your budget, and to enjoy and wear it. But the fact remains that a watch’s ability to hold its value or to appreciate is an important consideration, so here are a few guidelines to help in making a decision.
The market has grown to such an extent in recent years that we are spoilt for choice.