There is no other manmade object that can be compared to the wristwatch, as far as technology goes. For the most part, wristwatches have long since outlived their usefulness. Since the advent of the smartphone, most people do not need wristwatches for daily timekeeping. And yet, the wristwatch has not become obsolete. Wristwatches have become more than just an investment in personal fashion. For many, a wristwatch is a financial investment for the future as well.
Best Watches to Invest In
As you know, most technology becomes obsolete once new technology can perform the same function (arguably better). Examples include the 8-track, the floppy disk, and the VHS tape. The wristwatch, however, has assumed a new role. I mean, even calculators are only useful in classrooms, as our phones do it all.
The fashion industry is seeing an increase in the value and sales of luxury watches. This includes top brands such as Rolex, Omega, and Patek Philippe. While wristwatches were an essential timekeeping device first, they were also an important fashion accessory and status symbol in yesteryear. Now wristwatches have become an interesting way to mix business with fashion. Take a look at the best watches to invest in.
Breitling Navitimer 1959 Re-Edition
Back in 2019, on the 60th anniversary, Breitling released an alsmost exact “re-edition” of the Navitimer 1959. The new watch has upgrades that make it a superb watch to invest in right now. The chronograph has a classic rotating slide rule bezel. This updated Navitimer comes with 70-hours of reserve battery power, just to keep it more in sync with recent times. Pilots can stay aware of fuel reserves and should be able to use it for airspeed calculations.
Omega Speedmaster Moonwatch
Along with Rolex, Omega is a solid timepiece investment. Omega is one of the few watchmakers associated with the first astronauts. Nicknamed the First Omega in Space, this special edition of the Speedmaster has shown amazing investment potentials. In the last three years, this masterfully crafted timepiece has managed to appreciate by as much as 12%. This was one of the wristwatches worn by astronauts that were in Apollo 11. It does indeed sport the amazing Calibre 321 inside to make it space worthy.
No other brand in the history of watches has provided watch investors with better chances of turning a profit than Rolex. Rolex enjoys a reputation for being one of the best watches to invest in. Th Swiss company has built a stellar reputation around the globe. Unfortunately, this also means that there are hundreds of thousands of fake Rolex watches floating around everywhere, especially if you have your eye on the highly profitable but relatively rare, Rolex Cosmograph Daytona.
The good news is that investing in Rolex Daytona or any other Rolex watch should be relatively easy and safe. CHRONEXT now has an exclusive selection of the best Rolex Daytona watches available online. They are officially affiliated and certified resellers/buyers of old and new Rolex watches as well. If you have a Zenith lying around somewhere, you might find a good price for it on CHRONEXT.
Patek Philippe 5205
No luxury watch is exactly cheap, but with some of Patek Philippe’s timepieces, it just goes beyond a line which even a majority of affluent fashion enthusiasts may not always be able to cross. The 5205 is a “modestly” priced watch, for being a Patek Philippe. It can have an excellent appreciation value down the line. If you can go for the newer Sky Moon Tourbillion instead, the chances of it appreciating is much higher, but know that it may cost even more than your dream sports car.
Rolex GMT-Master II
This is one of Rolex’s most expensive watches, although the GMT-Master II is not the most expensive release from the Swiss master watchmakers by far. However, the Rolex has one of the best return potentials, right after the Daytona series. As an investment watch, it’s a good timepiece for those that can afford it, although appreciation rates will be lower than the Daytona, due to the price difference between them.
Patek Philippe Grandmaster Chime
Finally, we have what could be the world’s most expensive watch. It can be argued whether the Patek Philippe Grandmaster Chime is indeed the most expensive watch that is available in the world today or not. Most agree, however, that there is no competition in this tier as an investment watch. Starting at roughly 24-million pounds, it’s an investment that can only be even considered by the most elite of watch collectors across the planet.
This is just a small selection of some of the most luxurious and coveted watches in the world. Whether you buy a brand-new luxury watch or a second-hand watch, your investment is almost certainly going to pay dividends.
Before you leave, learn how to incorporate statement rings into your wardrobe.