Many people buy luxury items for investment purposes, hoping that their value will appreciate over time and they can sell them for huge profits. While this may be true for currencies, real estate, and commodities, it's not always true for watches and cars. Just as with cars, its value drops from the moment you walk out of the showroom after purchase. The same is the case with watches. Once bought, its resale value will never match the amount you paid for it originally.
While this may be the case for most watches, it may work differently with luxury branded watches such as the Tudor watches. Tudor watches, also better known for being the sister brand of Rolex, were pioneered by Hans Wilsdorf and were one of the first watches ever to be made with the following features:
Each Tudor watch was made with an in-house movement and hand-assembled in Switzerland. Due to this reason, they still hold great value and don't come cheap. While not as expensive as the Rolex, Tudor watches are also priced at up to 3000 dollars.
Tudor watches have specific models which are still quite popular such as the Blackbay and Pelagos . since there is still a demand for these models, they haven't depreciated in their prices much.
Vintage Tudor watches also hold more value than other models due to their limited availability and limited pieces made. They are usually sold as pre-owned pieces and can be used for investment purposes.
Watches are not ideal for investments because their value rarely goes up unless it's a Rolex. Tudor watch prices may only increase slightly due to retail prices rising in the market.
Due to its association with Rolex, the Tudor watch falls into a similar luxury category as the crown. Holding it for a significant period will increase the watch's value over time, making it worth much more than its original price. This is even more significant for top-rated models still in demand today, such as the Black Bay and Pelagos.
Even the models which have now been discontinued appreciate over time due to limited pieces. Anything scarce automatically becomes high in demand triggering a rise in its price.
Watches aren’t just devices that display the time. They’re more of a style statement that you wear where you go. A watch isn’t just some pieces of metal, glass, and leather joined together; it’s an intricately engineered masterpiece. A luxury watch, owing to its elegance, class, and aesthetic beauty, can cost you several hundred to thousand dollars. Owning an Armani, Rolex, or Tag Heuer watch is something a common man can only dream about because they’re super expensive.
If you’re fortunate enough to be able to afford such an expensive watch, you better not take it for granted. As much as these watches are reliable, they’re also very delicate. If you don’t take good care of them, they’ll soon lose their luster and aesthetic appeal – that we’re sure you won’t want.
We’ve put together some tips that will help you take care of your expensive watch and keep it looking as attractive and classy as it was on the first day you bought it.