1. Newest Posts About luxury watches

  2. Why Are Rolex Watches So Expensive?

    Boldness, extravagance, luxury, and class are the usual timeless terms that people use when referring to Rolex watches. It’s no wonder the watch is worn by various high-profile individuals from around the world. Some of those names include John F Kennedy, Elvis Presley, Paul Newman, and more. Considering the steep price tags for these watches, it makes sense why big earners like those are meant to own such a timepiece. However, many of us have often wondered why there are expensive Rolex in the first place. Is that high price tag justified or is it just for show? Rest assured, there are justifiable reasons and we’ve covered them all here in this article. Reasons Why Are Rolex Watches Are So Expensive 1: Designing Rolex Watches Cost A Lot First of all, watchmaking is a meticulously tiring and challenging profession that costs a lot of money. and the Rolex watches are a prime example of that. The Rolex brand has its very own research and development department, and several at that. What’s more, is that these departments are highly professional and utilize the latest ground-breaking tools and equipment. Not only that, but they always come up with new manufacturing methods and techniques to stay ahead of the competition. Plus, Rolex for first using highly experienced and trained scientists in their labs. This is so that they can research lubricants and oils for their machines. Buy Rolex Watches The labs make use of a test room to test a Rolex watch’s case, bracelet, and movement. They also have a room with several gas spectrometers and electron microscopes. That’s where they conduct research on several metals and materials. The in-house development costs that go into the craftsmanship and design of their watches are said to be very high. It costs a lot to have the movement designs developed and assembled. And besides that, the materials that make up the construction of Rolex watches aren’t cheap either. 2:  Uses 904L Stainless Steel A classic, unmatched design is what gives Rolex luxury watches the edge over their competition. One of the ways they do this is by utilizing the 904L quality stainless steel. This steel is a lot shinier and stronger than the regular 316L steel that other watchmakers commonly use. And that kind of strength and resistance obviously doesn’t come cheap. The 904L stainless steel is also known as Corrosion-Resistant Superalloy that was introduced in 2003. Interestingly, the machines and tools that produced the 904L stainless steel are always brand-new. This means that the company doesn’t use the same tools and machines to make the steel. And yes, they are also able to afford new equipment more easily than other time makers. Buy Stainless Steel Watches So, as you can see, it takes extra work and special skills to manufacture the 904L stainless steel. And that’s why other watchmaking brands favor the 316L steel material. 3: Rolex Watches Stand the Test of Time If you want a timepiece that actually withstands any type of punishment, you’ll never find anything better than the Rolex. Any change in humidity, movement, temperature, and altitude would do it for other luxury watches. Except, of course, for the Rolex. And given the reasons we’ve already discussed in the previous points; the answer couldn’t be any more obvious. One example of this unparalleled recognition is Edmund Hillary. Edmund was the first person to ascend Mount Everest while wearing a Rolex Oyster Perpetual on his wrist. Then came Ed Viesturs, who in 1994 ascended Mount Everest while wearing a Rolex Explorer 2. Viesturs still wears the watch today to commemorate his incredible feat. 4: The Movements Are Assembled by Hand Of course, Rolex uses robots to produce their watches, but the tasks they perform are typically simple ones. Some of those simple tasks include filing, sorting, and cataloguing. The more complex jobs like assembling bracelets and watch movements are actually done by hand. The watches are then double-checked and tested by humans to ensure they are of high quality. Such hard work and dedication are absolutely priceless when you think about it. 5: Rolex Are Insanely Quality-Driven Forget about movement assembling, Rolex are incredible “control freaks” that they’ll ensure even the screws are perfect. Every aspect of the production process is quality controlled, as one can expect from a quality-driven brand. The brand is also responsible for melting down precious metals like silver and gold, that their products use. 6: Using Precious Materials Just when you thought you heard everything; Rolex is backed by an army of gemmologists. These are professionals who specialize in testing and incorporating precious metals such as diamonds and gold into Rolex watches. Furthermore, the brand also utilizes conventional jewellers to help them handpick and handset diamonds and other precious stones. Also, unlike other watchmakers, Rolex is probably the only one that produces timepieces made out of gold. Yes, real, genuine gold instead of paint. This also explains why some of the Rolex gold models are always on the most expensive watch lists. Rolex admittedly refines 24 karat gold to 18 karat white, ever rose or yellow gold for their watches. 7: Water Resistance Another factor that goes into the high price tag of Rolex watches is their water-resistance. Some models are able to withstand water depths of up to 300 m. To confirm those levels, Rolex dive watches are first tested under pressurized tanks before being tested in actual waters. To test Rolex Deep-Sea watches, the company uses high pressurized water tanks that are redeveloped via COMEX. Rolexes Weren’t Always Expensive A real mind blower eh? But it’s true. When Rolex watches were introduced in the 50s, they weren’t exactly as expensive as they are today. But as time went on, the quality of these watches went up along with their prices. It might not matter now, but we felt that you should know this for the sake of knowing and if you’re into history. Conclusion And there you have it. t’s clear as day that in spite of that incredible price rate, there’s more to these watches than just their looks.

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  4. Watch Maintenance and Watch Cleaning Tips

    Being a watch owner comes with a handful of responsibilities. Cleaning watches and watch maintenance should be included near the very top of every watch owner’s list of responsibilities. Whether your watch is a high-end luxury timepiece or something you got for under $2000, keeping it clean is your responsibility. We’ll be dishing the dirt on why it’s important to keep your watch clean and well maintained and how to do this. Why It’s Important to Keep a Clean Watch Take a moment to think about your watch and where it sits on your body. Unless you’re a pocket watch fanatic, your watch typically calls your wrist “home.” Humans are prone to sweating. So, it just makes sense that sweat gets trapped under your watch which not only results in an uncomfortable feeling but the formation of a particularly cheese-like odor. On top of sweat, watches can trap dead skin as well as particles of dirt. Finally, an unclean watch can be eight times dirtier than a toilet and makes for the perfect breeding ground for bacteria ranging from the plain old gross to the downright dangerous. The bacteria that is commonly found on watches includes the likes of: Staphylococcus aureus (also known as staph) Saccharomyces Cerevisiae (also known as yeast) Hyphae (also known as mold) And all of the above is just what your body and its surroundings produce on its own! This is not accounting for the lotions, creams or ointments you may apply to your body. Do you now see why cleaning watches is so important? Why It’s Important to Maintain Your Watch Maintaining your watch is incredibly important for a wide range of reasons. Thankfully, none of the reasons are as gross as the reasons that make watch cleaning so important. The primary reason for maintaining your watch is simple: to get the most out of it. Your watch is an investment, right? And who wouldn’t want to protect their investment? The watch maintenance requirements depend on many aspects. Including the type of watch, the brand, the age, how often you wear it as well as how you store the watch when it’s not in use. In terms of servicing your watch, the industry recommendation is every three to five years for watches that are worn daily and less often for the watches you only wear once in a while. Top Tips for Maintaining and Cleaning Watches Now that you know why maintaining and cleaning your watch is so important, here are a few watch tips to help you do so successfully. Cleaning the Watch Face With the exception of especially old watches, most watch faces can be cleaned in one of two ways: with a Q-tip or with a chamois cloth and warm soapy water. Faces that have crystals or markings on it require careful cleaning with a moist Q-tip. Standard watch faces need only a gently wipe with a chamois cloth that has been dipped in warm soapy water. Tips for cleaning watch faces If you don’t have a chamois cloth handy, a soft-bristled toothbrush will work just as well Always use a mild antibacterial detergent or special watch cleaning soap Never press down hard or scrub the face Remember that the cloth or toothbrush must be damp and not sopping wet Use a light window cleaner product to make your watch’s face shine even more Cleaning the Watch Strap Perhaps the most important part of cleaning watches is making sure that the strap has been thoroughly cleaned. The steps involved in cleaning a watch strap are entirely determined by the material of the strap. Leather watch straps can be cleaned using a damp, soft cloth. If your leather watch strap is in serious need of a clean, then the usage of a mild antibacterial detergent is permitted. Nylon watch straps are among the easiest to clean, as long as they can be completely removed. So easy are they to clean that you can add a nylon watch strap in your washing machine along with your regular load of washing! To clean a stainless steel watch strap, wipe it down with a clean, dry chamois cloth. Once you’ve removed the initial layer of dirt, dip the straps in lukewarm water with a splash of dish soap. Next, grab a clean toothbrush and work away at the crevices of the bracelet before rinsing with warm water & drying with a soft cloth. Tips for cleaning watch straps Use special conditioning oil to keep leather watch straps well maintained If you don’t have a chamois cloth you can use a paper towel, microfiber cloth or even the hem of a soft cotton shirt to clean stainless steel watch straps Wipe down your watch straps on a daily basis Deep clean your watch straps once every month Final Thoughts We hope our watch tips have helped you to fully understand the importance of cleaning watches and keeping them properly maintained. Sure, it requires a bit of time, effort and sometimes money on your part, but it is so worth it. Keep it clean folks!

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  5. 5 Gift Ideas for Watch Lovers

    How many gift ideas do you have to think of for this year? Birthdays, anniversaries, Christmas celebrations and the like all call for you to up your gift-buying game. Are you on the hunt for the perfect gift for a certain watch-loving someone in your life? With so many gift ideas and options to pick from, buying a gift for a watch lover is no easy task. But with the help of our gift ideas for watch lovers, this task becomes a much easier one. From books to cufflinks here are our five best gift ideas for watch lovers. 1: The Watch Book If the watch lovers in your life are Rolex fanatics you can’t go wrong with gifting them “The Watch Book.” There are 256 pages of Rolex-related reading material is presented by this hardcover book. The recipient will learn all about the Rolex brand and its founder as well as the history & motivation behind some of the brands most notable timepieces. The Watch Book showcases the amazing collection of watches that Rolex has released over the years and depicts the vintage advertisements used to market these babies. Not only does The Watch Book make for an informative read but it also makes for a beautiful coffee table book. 2: A Watch Storage Solution All watch lovers need a place to safely house their collection. This applies especially to luxury timepieces that are worth a pretty penny. If the watch fanatic you’re gifting already has a safe at home, then you can skip this particular gift idea. But many people don’t have a safe where they can store their watches and so some of the best gift ideas include those with a focus on watch storage safety. There are many watch storage options including: Watch rolls Watch boxes Storage cases Cigar humidor Watch winder For more information on storing luxury watches, be sure to read this blog post to ensure you make the right gift decision. 3: Crystal Scratch Remover It’s one of life’s most painful truths: watch faces get scratched. Because of this, many people opt for a watch with a plastic face for daily wear and only bring out the glass-faced beauties for special occasions. That’s why Polywatch Plastic Lens Scratch Remover is always classed as one of the best gift ideas for horologists. This special-purpose polishing paste is a practical gift that will undoubtably be used on many occasions. Each tube contains 5ml of scratch remover which will last for around 10 uses. The polish takes 2 to 3 minutes to work its magic and the plastic glass is dissolved & gently ground down by means of the abrasive particles found in the solution. 4: A Man & His Watch “A Man & His Watch” is another must-read for watch lovers and therefore makes for a wonderful gift. Veering away from the typical informative tone of watch books, A Man & His Watch is a delightful read that anyone who has ever had a special relationship with their watch will be moved by. A mere 216 pages detail the relationship between notable men and their watches. A few examples of the men whose watch stories grace the pages of A Man & His Watch include: Fred Astaire John F. Kennedy Martin Luther King, Jr Ralph Lauren Elvis Presley Steve McQueen Franklin Roosevelt And more What makes this book stand out from all other watch books is that the collection of first-hand stories doesn’t focus on luxury watches alone. It also covers cheap and cheerful quartz watch stories too. 5: Watch Cufflinks Watch themed cufflinks. What better way to display to the world your love of all thing’s horology? Movement-inspired cufflinks watch face cufflinks and even functional tiny watch cufflinks all make for wonderfully unique gift ideas for the boldest of watch lovers. By wearing these novelty cufflinks, the wearer will be publicly displaying their watch loving status to other watch lovers. Even if the cufflinks never get worn, this is a great way to show that you take interest in their interests and is an adorable expression of your love. Final Thoughts See, buying watch lovers a gift doesn’t have to be difficult! Use the gift ideas we’ve outlined for you today as inspiration on what to buy for the watch lovers in your life. So, what will it be? Are you going to give the gift of knowledge with one of the watch books we showcased? Or will you be taking a more practical gift-giving approach by gifting a watch storage solution or scratch remover? Let us know in the comments section below!

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  6. 5 Tips to Make Sure a Watch is Authentic

    How can you tell if you’re looking at authentic watches? Are there watch tips to help you ferret out fakes? There are plenty of fakes out there, but of course there are authentic watches too. This is a fear most collectors face once, and maybe more than twice, in their lifetimes. You’ve found a watch you really want. Everything looks good, but you’re not 100% sure about the seller, and therefore not 100% sure you’re getting the real deal when you purchase your timepiece. That makes the first tip obvious, but not always so simple. 1: Buy from a Reputable Source But what makes a source “reputable?” Yes, buying directly from the manufacturer is the best iron-clad way to make sure your purchase is legitimate. But that will take nearly all of the pre-owned market out of the picture, limiting your choices and raising the costs, as buying new through the manufacturer can be more expensive than through a retailer. Don’t think a big reputable store guarantees authentic watches. We could list several massive global enterprises everyone knows and mostly trusts that sell everything from computers and bicycles to clothing and watches. But if watches aren’t their specialty, they’re probably not going to have the precautions in place to sniff out all fakes. Individual sellers can also be risky, as it could be difficult to do enough research about them to ensure everything they’re selling is legit. To get a good price, and the reputation to back up that what you are paying for is authentic, look to the top, long-running online stores that specialize in watches. There are only a handful of them, easily found on a Google search, and they’re your best bet. 2: Beware the Frankenwatch As you may know or can probably guess by the name, Frankenwatches have lots of parts from lots of different watches. So they’re not exactly counterfeit, but they’re certainly not totally authentic. The first whiff of a clue you’ll get with a pieced-together watch is the price. It probably seems too good to be true, and probably is. Then things get complicated as many of the inner workings may have come from lesser timepieces. It may be a genuine vintage Rolex Daytona case and dial, but the movement has been long since replaced with cheaper parts. Or they could have swapped the bracelet out for a cheap imitation or replaced the sapphire crystal with plexiglass. Paperwork is a big help in sniffing out Frankenwatches. If a watch has been regularly serviced and records kept, you can sleep sounder knowing it is legit. Other than that, use your common sense, check out a watch thoroughly, and look to Tip 1 and reputable dealers to avoid the Frankenwatch trap. 3: Learn to Spot Fakes on Sight This is more a collection of tips, but if you are going to evaluate watch authenticity on your own, there are a few telltale signs you should always be aware of. Check the weight. Really, put it on an electronic scale and see if it meets the manufacturer’s specs. Luxury watches often use high-quality gold, steel, and platinum that is physically heavier than cheap imitation parts. Most times you can feel the weight difference in your hand, but it can’t hurt getting the correct weight down to the ounce. Scrutinize the face. Just as one bad stitch tells you a handbag is fake, the slightest flaw on a watch’s face is a sign there might be trouble. Given the prices they fetch, luxury watches don’t leave the manufacturer with even the tiniest of flaws on their dials. So if one letter is off, one minute marker is just a hair out of alignment, or the engraving isn’t ultra-smooth, chances are pretty good the watch might not be authentic. Listen closely. Literally put your ear up to the watch and listen to it work. High-end watches are designed to function at amazingly low volume levels. The ticking you hear when you hold the watch close to your ear should be subtle. If you hear ticking when the watch isn’t right up next to your ear, move on because it’s probably a fake. 4: Compare Images Luckily, you’re armed with information when considering a watch purchase. You can look at high-resolution images of the watch from the manufacturer and compare those to the watch in question. Often times a watch that isn’t authentic has extra information, extra this, extra that. A fake might have the word “chronograph” printed around a subdial when the original doesn’t. The engraving, the case shape, the indices — there could be ever-so-slight differences that one might not notice at first glance but will be obvious when doing a close-up side-by-side comparison with the real deal. 5: Accept That Amazing Bargains Don’t Exist You’ve probably seen TV commercials where people brag about their online deals — “I got this big flat screen TV for 20 dollars!” “I got these designer shoes for just five bucks!” They’re stretching the truth to its breaking point. If you find a super cheap price for a watch, you can almost be sure it’s not authentic. That doesn’t mean there aren’t good deals and affordable watches out there when it comes to authentic watches. It just means you should expect to pay a reasonable price, no more or less. How much? That’s as varied as the watches available for sale across the planet. So it’s all about research, research, research. Look everywhere that is selling the watch you want, compare prices, make a list (actual or just in your head). Somewhere right in the middle of all of those prices that are posted you’ll know the fair price you should pay. The world is full of fake watches and, unfortunately, disreputable people ready to take your money for them. But with a little homework and a lot of common sense, you can have some beautiful authentic watches.

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  7. Do You Need A Watch Winder?

    The decision on whether or not you need a watch winder isn’t a simple one. And beyond need, do you want one? Many watch aficionados has made do without one. So let’s look at what watch winders are, why you might or might not want one and the options for buying one if you do. First, What is a Watch Winder? Well, something that winds a watch, of course. But there’s a bit more to it. A watch winder is basically a box that rotates your watch. You can get a small one that is fit for just one watch or a massive cabinet that packs in a bunch of timepieces. Place your watch into a fitted holder and the winder gently rolls the watch, or watches, triggering the watch’s balanced-based winding mechanism to spring (yes, literally) the gears into action. They can be pretty cool to watch. But are they necessary? Keeping the Oils in Motion Now there is some conflicting evidence here, and experts are not in full agreement on the effects the winder will have on your watch. Some argue that the lubrication, the small amounts of oil that are in all automatic watches need constant movement. That without being in perpetual motion these oils will dry up, coagulate, harden and ultimately impede the movement of the gears. Some watch experts say that’s nonsense, that today’s synthetic oils don’t coagulate in the way that oils we got from vegetables and animals in the old days did. That doesn’t mean the oils last forever, the naysayers argue, simply that time and temperature are much more determinate factors than movement. But pro-winder folks say movement does have a larger role. Putting Your Collection on Display While we can debate about the technical advantages of owning a watch winder, most people who own them will allow that aesthetics play a big part. Watch winders are almost always built with glass fronts to showcase your watch, or more probably, your watch collection. All of your cherished timepieces are lined and stacked in perfect order, spinning in slow uniformity as they await your wearing. Like a bookcase with your beloved novels, each watch probably has special significance and they’re as much objects to have on display as they are tools to tell time, probably more so. If it was just about telling time we would all probably stop wearing watches and stick with our smartphones. But presentation matters and a winder present in dramatic fashion. Keeping the Watch on Time Here winders do offer some advantages, but as to how much that matters are a subjective question. If an automatic watch goes unworn for a few days, it will need to be reset. That’s a given. For most, this task will take about a minute. With a watch winder keeping the movement current you won’t have that issue. Is it worth the minute? That’s a subjective call. The ante is upped when we’re talking about perpetual calendar watches, which are not as simple to reset once the date is off. How Much Should You Pay? Like most everything, how much something costs is a big factor when considering whether you really need it or not. And prices vary wildly with winders, so it’s tough to suss out what’s worth it and why. But let’s go over the basics. Budget Winders You can pick up a watch winder that rotates one or two watches for about $50 or $60. In this range, we’re usually talking about plastic lacquered casings and reliable-enough motors with one or two-cycle settings. No frills, but they do the job. Mid-Range If you want to go into the $200 to $500 range the options open up considerably. You can get winders with features like 12-hour rest functions to ensure that you never overwind the watch and low-noise motors. The number of watches you can wind at once goes up considerably, to four or twelve. And the materials of the cabinets get better, with rich hardwoods done in fine finishes. Luxury Level If you’re willing to spend $1,000 and up you can get into some really nice stuff. These multi-watch winders are for putting on prestigious displays, with walnut and high-polish teak cabinets. If you’re shooting for the stratosphere, you can spend tens of thousands of dollars on watch winders that hold dozens of watches in cabinets made of precious woods, fronted by massive sheets of tempered glass. The jury may still be out on some of the practical aspects of needing a watch winder. We can debate whether or not we need a machine to tackle something as simple as winding a watch. You might say the same for display purposes, as some find watch winders visually stunning while others may find the displays gaudy. In the end, you’ll have to decide on which side of the lines you fall when considering a watch winder.

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  8. Laurent Ferrier Debuts Geneva Edition

    Laurent Ferrier has released a new, beautiful and limited-edition timepiece! The watch features a flawless technical perspective with a Galet Annual Calendar. The company has named this high-end watch the ‘Geneva Edition.’ Laurent Ferrier created this timepiece for Boutique Montres Prestige Geneva. Are you wondering if this watch is for everyone? Well, it is a limited edition. So limited that there are only five pieces available. Yes, only five! Laurent Ferrier introduces a new color in their collection. Geneva Edition features a unique and stylish finish, unlike other models of the company. The watch has a two-toned dial with a grained texture to devote its creation to autumn leaves. Autumn Inspiration, Geneva Edition Every season in our lives represents a stage of life. Autumn portrays the sense of maturity and amassed knowledge. This Geneva watchmaking company has been a great manufacturer since the 1960s. Over the years, Laurent Ferrier has grown and attracted great people who love wearing classical timepieces. The dial of the watch is much warmer and richer than the case. The watch displays all the stages of the autumn scenery. The dial is sparkled with a sandy matte texture that attracts the eyes. The Galet Annual Calendar is one dominating characteristic of the timepiece. The date is in blue Arabic numerals; the 31st is in red with a white pointer hand. There are two rectangular perspectives at the top of the dial displaying the day and month. The small seconds are located in the center of the dial at the 6 o’clock position. Known for its iconic hour and minute hands. These white gold hands are shaped like javelins known as ‘Assegai.’ They are polished with dark ruthenium and finished to complete satisfaction. The Galet Annual Calendar Laurent Ferrier builds their timepieces to ensure user-friendliness. The latest creation of the company, Geneva Edition, carries an array of proved qualities. This watch is designed in-house and wounded by hands to distinguish its high-end performance. The white gold Assegai hands tell the time. And the date is displayed in the periphery of the dial by a white hand. The Geneva Edition indicates quite a lot of information and yet remains a smart and stylish choice by the purists. Unlike other timepieces, the Geneva Edition consists of easy-to-use grip pushers. The fiddly sticks have become old fashioned and do not give the watch a decent appearance. The watch endows an annual calendar that recognizes the months with 30 and 31 days. The watch advances automatically to the 1st after the previous month has ended. The only adjustment required by the watch per year is on the 1st of March. To adjust the day display, there is a push key on the left of the case. Other changes can be made by pulling the recessed crown and rotating it to choice. The ball-shaped calendar portrays the feeling of old-fashioned pocket watches. The crown of the watch is an appealing attraction because it features a domed circlet. On the back it reads, “Geneva Edition” and a very limited serial number. These unique digits distinguish the watch to be restricted to 5 pieces only. The 40mm case of the watch is sturdy and rugged with 10mm thickness, excluding the sapphire crystal. With the crystal finishing, it gets 12.80mm thick. Caliber 126.01 The heart of the high-end Geneva Edition is the caliber 126.01. The movement of the hand-wounded timepiece comprises of 235 components. The watch can run amazingly for 80 hours and incorporates a Swiss-made lever escapement. The rim of the balance wheel has fixed screws to balance the variable inertia of the watch. Purists believe that the Geneva Edition gives superior performance when combined with a simple index-adjusted balance. The rear of the watch has a power-reserve indicator. The whole watch gives an eye-catching appeal to the brand owners. The Geneva Edition incorporates 23 jewels in the whole creation of the watch. The bridge of the timepiece has thick Genevan stripes. Polished ruthenium steel and brass parts give a contrasting look to the finishing of the watch. The watch features water resistance to 30 meters and polished sapphire crystals on both sides. To tie the watch, there are two options available for the brand owners, double-blade folding clasp or pin buckle. Verdict All the 23 jewels in the watch glow with astonishing amusement. The fortunate user of the Laurent Ferrier Geneva Edition experiences incredible expertise in the company. On the whole, the watch indicates the virtue of wisdom and power.

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  9. 5 Features That Determine a Watch’s Value

    The best online watch store will have an assortment of watches for you to pick from that suit a wide range of purposes. For some people, a watch is purely a financial investment and so when shopping for a watch they’re always on the lookout for telltale signs that speak to the value of a watch. But what are those telltale signs and just how does an everyday watch enthusiast go about determining a watch’s value? Today you’re going to find out! There are many different factors that influence and determine a watch’s value, but we’ve done our best to curate a short list. Without further delay, let’s dive into the 5 features that determine a watch’s value. 1: The Brand Name In the watch world, watches produced by well-known brands are typically very expensive. The combination of the brand name & the quality of products mean that the watch will maintain its value. On top of this, brands that create their own movements or complications generally produce more valuable watches. The big boys of the watch industry whose watches truly withstand the test of time and maintain their value include the following brands: Rolex Patek Philippe Audemars Piguet Jaeger-LeCoultre Vacheron Constantin Omega Lange & Söhne Cartier Longines Even secondhand watches from some of these brands attract a hefty price tag. So, if you happen to own a watch produced by one of these brands you can expect its value to maintain—if not increase—over time. 2: How Rare it is Limited edition watches, watches that aren’t in circulation and watches that aren’t often seen in public are massively attractive to private collectors & come with a price tag to match. If your watch falls into any of those categories, chances are it will collect a big buck on the market. It’s important to understand that rarity isn’t necessarily linked directly to age and just because your watch is old doesn’t always mean its age will translate into value. As examples, the Rolex 4113, Patek Philippe 3974 and the Vacheron Constantin Chronometre Royal Reference 4907 are amongst the rarest watches in the world. 3: Patina For those of you who aren’t aware, patina is a kind of discoloration that appears on watches as part of the natural aging process. Collectors who value uniqueness over perfection are drawn to watches with patina on them because they feel it gives the watch character and drives home that vintage feeling. Patina indicates that the watch has been well worn and loved for a long time. According to Christie’s, the presence of patina in a watch actually increases its value by tens of thousands. Factors that cause patina in a watch include exposure to light, moisture and the materials used to construct the watch. 4: Condition While honest patina increases the value of a watch, other factors relating to its condition can also influence its value. Watches that are in good condition will obviously have more value than a watch that hasn’t been properly cared for. Having the service history, as well as the watch’s papers and original packaging are also incredibly important factors that speak to the condition of the watch. In saying that, depending on who you speak to, the value can increase when signs of wear and tear are visible. Some of the more romantic watch enthusiasts believe every scratch, nick and scuffmark tells a story. Others believe that polishing a watch compromises its longevity. So who you sell to will determine the price. 5: The Celebrity Factor Never underestimate the power that celebrities have. When a celebrity endorses a certain brand or wears a certain watch, its appeal goes up along with its sales. For example, Paul Newman made the Daytona famous and Steve McQueen made the Submariner a highly sought-after product. If your watch has been seen on the wrist of a celeb its value will skyrocket. Even watches that adorn the wrists of characters in movies catch the eyes of viewers and the watch subsequently sees an increase in sales. Celebrities such as Leonardo DiCaprio, George Clooney, Hugh Jackman, Cristiano Ronaldo and David Beckham all act as brand ambassadors for luxury watch brands. Final Thoughts A watch’s worth is determined by numerous factors, but the five found in this list are some of the most prominent ones. Some factors are more influential than others but most of the time the collector will decide which factors make it more valuable to them. For example, one collector might love the patina effect while another might think it looks unattractive. So, personal preference is a power tool. That last statement brings us to our next question. What does value mean to you and how do you measure a watch’s value? We’d love to hear from you! Please feel free to share your thoughts on this topic with us in the comments section below.

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  10. Famous Watches That Have Fetched Big Bucks at Auctions

    Famous watches worn by famous people have been going for extraordinary prices at auctions of late. Let’s delve into what’s getting sold and why bidders are shelling out big bucks for prestige watches. We recently saw a rash of high-profile watches go up on the auction block in New York City when over $20 million worth of unique timepieces went to the highest bidders. The biggest ticket item was a Urwerk Atomic Master Clock that sold for $2.9 million, setting a world record for a timepiece from an independent brand. The high-tech black wrist watch comes in a large steel case with electronic readouts, gizmos, and buttons that seems most fitting for a futuristic supervillain. A more traditional offering that was dubbed the “pink on pink” watch, a rose-gold Patek Philippe Ref. 1518 with a rose-gold dial came close in cost with a final price tag of $2.3 million. And the millions just kept coming for Patek Philippe, with a yellow-gold Ref. 2499 selling for just over $2 million. View this post on Instagram !Tomorrow is a BIG day. The AMC will be vying for the @fondationgphg award for Mechanical Excellence. This world first brought together in a single mechanism all the functions of the sympathique clocks produced by Abraham-Louis Breguet. A fully mechanical watch, that docks with an Atomic Master Clock which regulates, sets the time via Global Positioning System and winds the watch. A dream that took over a decade to bring into reality. #AMC #ATOMICMASTERCLOCK #GPGH #GPHG19 #MECHANICALEXCEPTION A post shared by URWERK Geneve (@urwerkgeneve) on Nov 6, 2019 at 4:59am PST Watches with Star Power Fame also played a part in the recent bidding. A Rolex-Day Date that golfing great Jack Nicklaus wore (every single day, he says) for over 50 years sold for a cool $1.22 million. The cash went to a children’s charity. An item that generated arguably the most buzz at the auction was the Rolex GMT worn by Marlon Brando in the classic film Apocalypse Now. It sold for just north of $1.6 million, put on the block by Brando’s daughter Petra Fischer Brando. While he may be a bigger draw at the box office than Brando these days, Robert Downey Jr. didn’t come close to the price and the Urwerk he wore in Avengers: Endgame sold for $312,500. View this post on Instagram Marlon Brando’s Rolex GMT-Master from Apocalypse Now A post shared by @ iknownigo on Nov 13, 2019 at 4:52am PST Celebrity sales are nothing new for Rolex. An iconic exotic-dial Daytona owned by famed actor and race-car enthusiast Paul Newman went for $17.8 million in 2017, setting a record for the highest price ever paid for a wristwatch at the time. But there have been bargains in the mix as well. In 2013 a Rolex Oyster that was owned by film legend Charlie Chaplin went for a mere $51,250. Most watches with celebrity creds, however, fall somewhere in the middle when it comes to auctions. View this post on Instagram « I learned that life is a long and difficult road, but you have to keep going, or you’ll fall by the wayside ». Steve McQueen #stevemcqueen #kingofcool #lemans #stevemcqueenlemans #heroseven A post shared by HeroSeven • Mcqueen Tribute ⚡️ (@heroseven7) on Jan 4, 2018 at 8:47am PST James Bond Brings in the Bidders Omega has created something of a cottage industry with its connection to James Bond. So it’s no surprise that the famous watches worn in the films are popular at auctions. The Omega Seamaster Planet Ocean that Daniel Craig wore while playing 007 in the 2012 flick Skyfall fetched $254,273 at an auction in London that same year. Omega donated the proceeds to a non-profit organization that brings vision care to developing nations. But the Skyfall watch fell just short of beating the previous record for a Bond watch, which goes to the Planet Ocean Craig wore in his debut as Bond in the 2006 film Casino Royale. That Planet Ocean went for a winning bid of $255,565. An Omega Ultra-Thin worn by JFK was auctioned for $420,000 in 2005. A part of Formula One racing history itself, Steve McQueen’s Heuer Monaco (famously worn in the 1971 film Le Mans) sold for just under $800,000 in 2012. James Dean’s Elgin pocket watch sold for $42,000 at a Hong Kong auction in 2013. And a pocket watch that belonged to baseball legend Babe Ruth, awarded for the 1923 World Series, fetched $717,000 at an auction in 2014. View this post on Instagram #patekphilippe #5004p #ericclaptonwatch #platinum #uniquepiece #watch #watches #vintagewatch #vintagewatches #rareandfine #watchporn #billionaireclub Unique dial on this eric clapton watch @phillipswatches. Just amazing A post shared by @ iceman284912 on May 30, 2016 at 6:55am PDT A Mixed Bag for Musicians Eric Clapton’s Patek Philippe Ref. 2499 fetched a nice price in 2012, going for $3.6 million at an auction in Geneva and setting a record at the time. To be fair, it wasn’t just the music legend’s connection. It was one of only two of the platinum versions that were ever made for the reference. Clapton’s 1971 Rolex Cosmograph Daytona 6263 Oyster Albino also went up for auction in 2015 and brought in $1.4 million. In contrast, Elvis Presley’s Omega went for something of a bargain in 2012. It was a rare black-dialed Constellation Calendar. And even more rare for its connection to the King, it went for just $52,500. Another of Elvis’ Omegas, a diamond-encrusted white-gold Calibre 510, sold for a whopping $1.8 million in 2018. Patek Philippe Dominates the Auction Market The most expensive watch ever sold at an auction? That title goes to the Patek Philippe Grandmaster Chime Ref. 6300A, which went for the record-smashing amount of $31 million in November of 2019. In 2014 it sold for $24.4 million at a Sotheby’s auction in Geneva. Paul Newman’s Rolex ranks next on the list. And Patek Philippe returns to round out the top tier of the most-expensive-ever watches sold at auction. A Patek Philippe Stainless Steel Ref. 1518, first sold in 1943, brought in $11.1 million at an auction in 2016. Current-year models continue the list, with a Patek Philippe Stainless Steel Ref. 5016A-010 going for $7.3 million in 2015 and a Patek Philippe Titanium Ref. 5208T-010 nabbing $6.2 million in 2017. Keep your eye out for famous watches at auctions and maybe one day the auctioneer’s cry of “sold” will put an amazing watch on your wrist.

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  11. Grey Market: What Is It Exactly?

    You must have heard someone advising you to buy grey market watches. The first question that arises is, what is grey market anyway? A place where the goods or products are traded outside of the original manufacturers authorized distribution channel is called the Grey Market. These goods are neither illegal nor counterfeit. The goods are usually sold at a much lower price than the price they’re sold at by the authorized sales market.  This market allows trading to take place on suspended stocks or before official trading in the white market starts. One of the biggest stocks that are traded around in the Grey Market comprises of watches. Over the years, this industry has bloomed into a multibillion-dollar one. This allows consumers to get their hands on products such as a diamond-studded Rolex at a price that’s almost $10,000 cheaper than the original price. Why Does the Grey Market Exist? Once a retailer has excess inventory, he could make a proposal to the Grey Market dealers, with heavy, daunted prices. Before the invention of the internet, this market existed in major cities and storefronts. These transactions at that time had almost little to no effect on the authorized retail market, other than that you wouldn’t even know you were purchasing something from the Grey Market. But now, times are different, and the internet has a big impact on the transactions of these watches. The internet has given an opportunity to these Grey Market dealers to make a prominent presence. More timepieces make their way from the Swiss dominated official retail industry to the Grey Market where they’re sold with surprising discounts. Although the sound of discounted luxury watches would be like music to the consumers’ ears, these high discounts damage the careful fabrication of the prestige this luxurious industry holds and makes it much harder to sell products at their original price of retail. It also causes issues for the distributors of high-end brands, whose main goal is to make deals with authorized retailers. When these brand’s spokesperson walks into the shop of an authorized dealer, the first they get to hear is, “My clients are buying you watches at lower prices online, so I can’t sell these here anymore.” or “Why shouldn’t I buy your watches from the internet where they’re sold at a much less price?” This causes a great plummet in the sales of the distributor. Many leading companies are trying to reduce the loss that occurs in the industry. The chief executive of Longines, Walter von Kanel, is using a group of private operators to track down the retailers that sell their goods at the Grey Market. Where Does it Get its Supply From? It’s actually the brands themselves that give the market what they want. When retailers in foreign countries liquidate their inventory, it ends up in the Grey Market. This is done to get rid of old inventory and to gain short-term money flow. Some Grey Market dealers have contacts with authorized dealers and can actually order or demand a specific watch. If you’re browsing online and find a watch with 40 percent or more off, the chances are that it’s probably a product of the Grey Market. The catch is, no matter where the watch gets sold, it’ll add to the advertisement profit. For example, if an authorized retailer sells $100,000 worth of watches to the Grey Market, the profit might only be $5,000 to $10,000, but the advertising will give it an additional $5,000-$10,000 profit. How Should Brands Avoid Selling to the Grey Market? Brands like Rolex and Patek Philippe have an annual inventory in the 90 percent range. These are rare brands to see on the Grey Market. The products of these brands aren’t easily accessible; the demand will either meet the supply or outweigh the supply; hence, there’s no need for them to sell at discounted prices. Secondly, the brand should be loyal to the authorized retail network. If one thing is to be avoided, it has to be over-manufacturing. That’s how these brands stay off the Grey Market. Only occasionally, you can find them on the Grey Market, and even those watches are purchased at a suitable discount and then sold at or very close to the original price. Usually, these brands cut off their supply from the offending authorized retailers and deprive the market of their goods. If a large manufacturing company is capable of making 50,000 watches, it doesn’t mean that they should. Especially if the demand is of 40,000 watches, instead, making it less than the required amount would be more beneficial. Brands can also lower the original price if they’re not selling at current prices. This could appeal a lot more to the consumer’s side. Another solution is that instead of dumping their old inventory to the Grey Market, they can sell those same watches to authorized retailers in bulk. They can sell these with better prices than the prices they sell them at for in the Grey Market. Conclusion Not to forget that there is a much bigger risk of buying rip-offs of such products from the Grey Market. It’s much more important to do background checks when buying from an unauthorized retailer. In conclusion, there is a big risk factor in making trades with the Grey Market from both ends. It all depends on the strategy the consumer or retailer uses.

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