Classic Watches As an Investment

Classic or vintage watches are collector’s items. Classic watches are good investment because of its high monetary value.

Watches have been developed many centuries ago. These pieces started only as sundials and later on improved its designs with time. Modern watches are usually worn on the wrist which consists of a bracelet or strap made of leather, metal, alloy or rubber. It also features other useful functions including the date.

There are many types of watches such as digital, mechanical and kinetic. There are also specially designed watches for specific purposes such as for divers, air force and the military. Such specialized pieces consist of added features depending on its purpose and design.

Digital watches are battery operated and are the most accurate types. Some watches are solar powered, or powered by the movement of the user. Many manufacturers have developed modern watches which consist of small electronic chips and have many features compared to other types of watches.

Classic watches are the most valued type because of its workmanship and design rather than its main function of time keeping. These expensive watches consist of mechanical parts and runs through the power produced by its spring parts. Some of these contain expensive gems. Others are gold plated.

Vintage watches are mostly collected by men because majority of these bear masculine designs. Watches for women are only introduced lately. Besides being a collector’s item, classic watches make perfect gifts which will surely be cherished because its value.

Classic watches not only functions as a timekeeping device but sometimes serve as a symbol of the status of a person’s prestige in the society due to its expensive price. Many of the elite class are number one watch collectors.

Classic watches are considered as a beautiful piece of treasure. However, the authentic pieces are very expensive that it brought rise to many fake counterparts. Fake classic pieces are being sold much cheaper while it copies the image or real watches.

Collecting classic watches involves a lot of money and is a good investment and needs to be secured and protected. It is important to check the authenticity of the classic watch before purchasing.

There are few things to consider in examining if a timepiece is genuine or fake. The popularity and the condition of the vintage watch is one of the important factors to consider. The history and how many years the watch has existed also increase the value. The condition of the classic watch should also be considered. Some timepieces no longer function properly but are still valued just the same.

As a general rule, a watch can be classified as vintage when it is very rare, limited and exceptional. 

They can also be classified according to their age. Some of the vintage watches which have been desired and collected by watch collectors include the Gruen Curvex, Cartier Panthere, Rolex Daytona, Vacheron Constantin and Rolex Zephyr.

The hobby of collecting classic watches is rewarding considering that these items are ideal as investments. You can also consider collecting classic watches not in perfect condition and have it fixed to regain its appeal. Some collectors buy malfunctioning pieces, repair and resell them.

Other vintage timepieces are pocket watches. Pocket watches have a high value because these are old designs no longer common nowadays. Pocket watches existed even before wristwatches became a fad. The rarity of this design increases its monetary value.

Most watch collectors do not wear their collections in order to protect it. They usually put it on display and enjoy the privilege of having the rarest watch in their possession.

Among the companies which have created classic watches are Omega, Hamilton, Patek Philippe, Audemars Piguet, Rolex, and Vacheron Constantin, to name a few.