Buying a watch, from an investment perspective, is something that drives both nerves and excitement depending on your outlook. Whilst the average financial advisor may not point you in the direction of an auction house as a place to find such an asset, some watches have the potential to unite you with your own wearable investment.
What Makes Timepieces a Good Investment?
According to the findings of the Knight Frank Luxury Index 2019, watches as assets have grown in value by 73% over the last decade, with an increase of 5% in the past year alone. They prove to be incredibly stable, holding a steady increase in value with unwavering confidence.
This is the result of several fundamentals: the inherent value of craftsmanship and materials, the continually increasing market of collectors generating demand, combined with the reduction in production and availability of certain models and makes.
What Do We Really Think?
With so many other asset types ahead of watches — coloured diamonds, wine, art and rare whisky driving astounding growth — why go for a watch? From our perspective, a watch is an ordinary treasure. Something that is commonplace but worth the world to its owner. They serve as heirlooms, gifts, and symbols of a person’s achievements.
Learning how to spot value in a watch can be a simple matter of self-led research. Basics such as branding, rarity or composition of metals are a clear decider of an item’s marketability. And crucially — you can wear and enjoy the watch during your ownership. You couldn’t drink the bottle of Macallan and expect to see your money again.
Dipping a toe into the world of watches is an adventure. To invest in them is an undeniably brave action — but the joys of ownership and potential future sale make it all the more satisfying.
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