4 Best Watch Brands To Buy As Investment
Watches are a different kind of accessory because they are both useful and stylish. Worn by both men and women, watches often complement suits, dresses, and other clothes and come in various designs. Even though the familiar analog clock design is still around, there are also smartwatches in the market that have additional functions such as receiving notifications and tracking important health data. Aside from having more advanced features, they are also available in different designs, ranging from digital to analog.
While watches are often used either as a complementary fashion accessory or as a useful gadget capable of performing multiple functions, many people also purchase watches as an investment, whose value remains the same or even increases over time. This article will enumerate the best brands of watches that you can buy as an investment.
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Longines
Most people are not familiar with Longines watches or with the Longines brand itself, but considering that Albert Einstein once wore a gold Longines watch himself, which was auctioned for 596,000 USD in 2008, there is a reason this Swiss brand was included in this list. First registered internationally in 1889, Longines has preceded both Rolex and Omega and it is considered to be one of the oldest watch brands in the world. Aside from Albert Einstein, many Hollywood celebrities in the past have worn Longines watches, and because of its long history of crafting watches, Longines is worthy of having its own place among the most luxurious and popular watch brands in the world.
If you are looking for a Longines watch that could serve as an excellent investment for you, then both the Longines Heritage 1945 with its retro look and the Longines Heritage Chronograph that has a classic style could be the Longines watches for you.
Rolex
When people think of stylish, luxurious, and expensive timepieces, the Rolex brand is usually the first that will come into their minds, and you can’t blame them for that. After all, the cheapest Rolex watch, the Oyster Perpetual, could be purchased at around $5,000 and it is considered to be the entry-level price for this watch brand. Because of its innovations both in marketing and product engineering, Rolex has become like the Gucci or Mercedes of the watchmaking industry, meaning that the brand has become synonymous with luxury, elegance, and style. This brand has been maintained by Rolex since it was first registered in 1915.
Because Rolex watches are very expensive, there is a huge range of watches from this brand that you can choose from if you are looking for an investment watch. Because of their durability, look, and features, the Rolex Submariner, Rolex Daytona (most notably the Rolex Daytona 16520 “Inverted 6” model), and Rolex GMT-Master and GMT-Master II are some of the best picks that you can get if you consider adding a Rolex watch to your collection.
Patek Philippe
While Patek Philippe is not as flashy and as loud as Omega and Rolex, it is still considered to be one of the most popular luxury watch brands in the world for several reasons. For one, it is considered to be one of the only independent and family-owned watch manufacturers in the market, unlike most of its competitors, and it is the oldest of its kind. Patek Philippe also had its roots in Geneva in 1839 and it has made less than one million watches since it was established. This scarcity, aside from its engineering and design, makes Patek Philippe watches so valued and sought after by both watch collectors and enthusiasts alike.
As for the Patek Philippe models you should consider investing in, there are several watches from this independent Swiss watch brand that you should look out for. Among these models include the Patek Philippe 5170 Chronograph that has vintage 1940s designs, the Chronograph ref. 5980 that was first launched in 2006, and the Chronograph ref. 5070. These celebrated watches by Patek Philippe are some of the most renowned models that watch collectors are always on the lookout for.
Omega
Last but definitely not least, Omega is another luxury watch brand that has been worn by leaders, members of royalty, celebrities, fictional characters, and even astronauts alike. Because of its commitment to creating the most stylish, durable, and precise watch on the market, Omega watches have been highly prized by both collectors and fashionistas. Omega is often known for its competition with other popular watch manufacturers, notably Rolex. But watches made by Omega have also been very helpful to both astronauts and space travel in general, partly because of the precision records that this brand has set over the years.
The Speedmaster model, also known as the Moonwatch, is one of Omega’s most desired watches, and this is the case because Buzz Aldrin, one of the first astronauts to land on the moon in 1969, has worn the chronograph during the famous Apollo moon landings. Aside from this model, the Omega Seamaster Railmaster and the Omega Seamaster 300 are another set of watches by this luxury watch brand that every watch collector should look forward to owning, with the Omega Seamaster 300 being the preferred watch by none other than Agent 007, James Bond.
Bottom Line
Buying luxury watches as an investment is just like purchasing a stock or applying for a mutual investment fund. The rise of the value of these watches as time passes by is not always guaranteed, and it frequently takes time for these kinds of investments to pay off. However, know that aside from being a useful accessory and a popular item for collectors, luxury watches are also one form of asset that could be used later on when you need them the most. Therefore, it is important for you to choose the brand and type of watch that you will purchase along with the model of the watch so that your investment could pay off in the long run.