Would you believe the world’s first watch was made more than 500 years ago in Nuremberg, Germany? Of course, watch design has come a long way since then, and there are many stunning luxury watches on the market.
But how can you start your own luxury watch collection? Simply buying watches without a plan could result in you ending up with models that you don’t really like or want, as well as an empty wallet.
Fortunately, you can collate a beautiful array of upscale watches by considering 7 key factors before you buy.
Let’s find out what they are.
1. Set a Luxury Watch Buying Budget
Before you begin collecting watches, you should determine what budget you have to spend. This will help you narrow down what types of watches you can afford to shop for, and help you save time as you’ll know which ones are out of your price range.
Once you have an overall figure in mind, you can then decide how much you’re willing to allocate to individual watches. You may be happy to spend your entire bankroll on a single item and save up for your next watch, or prefer to buy multiple timepieces at cheaper prices.
There’s no right or wrong way to go about starting watch collections, but it’s best to have a financial plan to avoid spending more than you can afford.
2. Research Watches Before You Buy
By spending some time researching watches, you can make more informed decisions when making a purchase. For example, you might learn that a particular manufacturer only made a limited amount of a particular watch style. This could mean that these watches will increase in value over time, and you may be able to get them at a bargain price now.
You might also become fascinated by the history of a watch brand and want to own more of its products due to the story behind the company. Forearming yourself with as much knowledge as possible can increase your enjoyment when buying watches.
3. Choose the Watch Styles You Like
While it can be tempting to only look for watches that represent a solid investment, this may mean you miss out on some of the pleasures of building a watch collection.
To get the full benefit, don’t forget to buy watches that appeal to you. Perhaps this will be because of how they look, or the way they feel when they’re on your wrist.
Purchasing watches that make you happy will also make it more likely that you’ll retain your interest in your new hobby.
4. Look for Inspiration Around You
There is plenty of inspiration all around you if you take the time to look for it. For example, you might begin to notice the kinds of watches people are wearing on public transport or in your office. You could even start to study what your favorite characters in television shows or in movies are wearing.
When you see watches that you might like to add to your collection, you can then find out a bit more about them before making a purchase.
5. Compare Luxury Watch Prices
It goes without saying that while you’ll want to buy the best luxury watches, you’ll also be eager to get them without overpaying. Rather than spending your entire budget in one go, you could save a considerable amount of money comparing prices before purchasing.
However, this can be time-consuming if you were to spend time browsing the enormous number of watch-related sites on the internet. Instead, you can visit a website that compares the prices of authentic luxury Swiss watches for you.
This can be an excellent way to find great deals for exquisite watches.
6. Take a Long-Term View
If you’re buying luxury watches to make a profit, it’s often a good idea to take a long-term approach. While it is possible to make money in the short term, you could make much more if a watch appreciates in value over time. You can keep an eye on the market and evaluate when is the most profitable moment to sell, helping you to maximize your returns.
If you also enjoy owning luxury watches, you’ll not find it difficult to wait before selling at the right time. In fact, the main problem may be trying to part with such beautiful timepieces!
7. Learn How to Care for Your Luxury Watches
If you’re going to keep your watch collection immaculate, you’ll need to learn how to care for it properly. When not in use, be sure to store each watch in an enclosed box that can offer protection from being dropped or getting too much sunshine.
You should also take the time to frequently clean your watches using a soft cloth. During this process, it’s important not to use chemicals that could cause damage to the watch’s surface, and you may find information about this in a manufacturer’s handbook.
When wearing your timepiece, take care not to let it bang off hard objects that could cause scratching or even leave a dent in the metal.
It may also be helpful to bring your watch collection to a professional jeweler for regular servicing. He could spot issues that might not be noticeable to an untrained eye.
Start an Impressive Luxury Watch Collection Today
Starting a watch collection can be a fun hobby that could also provide a terrific return on your investment. To help you make the right choices, it can help to pick watches that you enjoy looking at, and that are reasonably priced.
You could soon have an Instagram-worthy luxury watch collection!
We know you’ll be eager to shop for luxury watches, but check out more of our fantastic blogs before you go.