Depending on a million different circumstances, antique wristwatches may be a gold mine or a minefield. Watch collecting is a popular pastime among the affluent and famous, the merely wealthy, and even ordinary people. A watch’s value is determined by a mysterious mix of antiquity, fabric, shape, manufacture, and pedigree. Luxury watches are available at several price points, ranging from entry-level to ultra-high-end. Even the most reasonably priced ones, however, might cost a significant portion of the average person’s wage. One has to wonder what makes these tiny artifacts so valuable. In general, luxury timepieces, particularly noob factory watches, have a price tag that is justified for a variety of reasons, and they extend far beyond brand reputation.
They require time to design and produce.
It might take years to create a watch, especially a new model. Making a watch may begin with study, especially on aspects targeted at improving the manufacturing technique, such as developing more accurate movements, a thinner frame, or more advanced complications. Following that are designing, development, and testing, and it is only after these that genuine manufacturing may begin. Manufacturers devote significant money and effort to testing watches before releasing them to the public.
They are composed of the best materials.
Watch companies utilize high-quality materials to ensure the durability and lifetime of their timepieces. While steel and precious metals such as gold and platinum are the norms, businesses have also begun to embrace avant-garde and cutting-edge materials. To date, Rolex is the only watch company that manufactures and patents its metals. They are the exclusive makers of the gold used in their watches and bracelets, and they have even copyrighted their unique rose gold-blend. This is part of their effort to own all components of the production process, allowing them to maintain control over the quality of their product. This also keeps the noob factory watches expensive.
They are created by highly skilled individuals.
Although technology has placed a premium on speed and efficiency, luxury timepieces are still entirely handcrafted. Because the parts used in watches have very limited tolerances for faults or deviation, brands continue to rely on the steady hand of artisans to assemble timepieces. Watch components, which are incredibly small and have complicated geometry, are made to a few microns of accuracy. Brand owners must train for decades before they can begin producing watches, and each stage of the watch-making process requires a different level of competence. Of course, labor and overhead expenditures can affect the cost of clocks.
Certain watch styles are often sought after in the world of watch collecting, with the most popular “cults” being aviator or flight watches, diver brands, army wearables, and dynamic watches. Moreover, alarm watches and very sophisticated timepieces created in limited quantities are highly sought after. Analysts claim that watches have historically held their value better than most other investments, especially during downturns, and that the appropriate watch purchased today can grow in quality. So do not be tricked: it’s not just valuable watches that hold their worth; many a magnificent steel watch has fetched six-figure sums upon re-sale.