Do you find yourself collecting watches?
Sure, we now live in a world where people can technically just ditch their casual watches in Malaysia in favour of smartphones, but there are plenty of reasons why you will still need a wristwatch over your contemporary gadget.
Anyway, if you have worked really hard and you have a lot of money now, you should start thinking of getting your own luxury watch.
These watches go well above $1,000 and although they cost a lot of money, they are definitely considered worthy investments. You see, even if you do not have any intention of selling them to make a profit, the fact that these watches are created with a considerable degree of craftsmanship make them more appealing to wear than your run-of-the-mill timepieces.
Below are the basic guides on how to buy an investment watch. Buying one is the most worthwhile investment you can ever have.
Go for Two Brands
I know that there are a lot of different brands out there but to help narrow down your choices, think of only two brands. Watch collectors can agree that just by focusing on either Patek Philippe or Rolex watches, you can get one that is worthy of your hard-earned money.
Of course, the choice is ultimately yours and you can definitely go for other prominent brands such as Omega, Audemars Piguet, Tag Heuer, and many more.
Always Do Your Research
Since you are going to invest a lot of money in your luxury watch, make sure that you do your research beforehand so that you will always get the one that you really want.
Focus on the features that make luxury watches so special. Pay close attention to the mechanisms that make a watch tick and you will find an increased appreciation on these watches.
Invest in Something Unique
The Rolex Submariner is definitely one of the watches that will surely appreciate in value over time, but you should also look into investing in something unique. Ideally, you want to purchase limited-edition watches because they will surely appreciate in value for many years to come.
Go for Mechanical Watches
I know that quartz watches give you peace of mind because of how accurate they can be and because they are battery-operated, meaning, you do not have to think about a mechanical mainspring for the watch movements.
But, watch collectors can collectively say that quartz watches are a big no-no when it comes to investing in a watch. You definitely have to choose mechanical watches or automatic watches because their mechanisms are what make traditional watches work.
However, I will make an exception for the quartz edition of the Omega Seamaster 300 mainly because the product line is going to be phased out soon.