How to Start a Luxury Watch Collection
Not only does a luxury watch give you a way to tell the time, but it also acts as a long-term investment, a stylish addition to your wardrobe, and a masterful technical achievement. If you want to start collecting luxury watches, it will be easier than you think. Here are some tips that will help you to start your own collection of luxury watches:
Choose a Budget
The first step when starting a luxury watch collection is to decide how much you are willing to spend. Although luxury watches come in a wide range of prices, they are costlier than your average. You have to choose a luxury watch that will suit your budget.
You should compare the prices of timepieces such as Rolex and Piaget before you choose the best one for your needs. That way, you will set aside enough money to buy your favorite luxury watch. Before you buy the first luxury watch for your collection, you will need to save up enough money.
Determine Your Collection
Once you have your money, you should decide on the kind of collection you would like to have. Having a vision from the start will make it harder to change your mind once you start your collection. Here are some ideas for starting your luxury watch collection:
Collecting by Brand
In the luxury watch industry, there are many celebrated watchmakers. Signature models, history, and company values can cause you to identify with a single brand and make it the focus of your collection. If the history of a brand spans centuries, there is great potential for continuous learning, discovery, and intrigue.
Sticking with a single brand can turn you into an expert and give you the chance to share your passion with other watch lovers in your community.
Collecting by Class
Most luxury watches like Rolex Presidential fall into classes that are defined by intended use, design, and function. The main classes in the watch market are dress watches and sports watches. Dress watches represent a small market but they fill the gaps left by sports watches.
Luxury dress watches go well with dinner, business, and formal attire. If you are a professional who likes to dress the part, your dress watch collection can become a daily rotation. Dress watches appeal to those who want to project a traditional image of sartorial sophistication.
Sports watches have become a welcome addition to any attire. Rolex sport watches made the jump from a tool watch to a high-style icon.
Endless Options
In some cases, classes and brands are too restrictive for some collectors. You can choose to focus on limited edition watches from all brands, a specific color, or white gold watches only. Your collection does not need to have a standardized path; it only needs to have a driving idea behind it.
Purchase
With the above long-term plans in your mind, you are now ready to buy the first watch for your luxury collection.
Here are some tips that will come in handy:
Choose a wearable watch – make sure that you buy a watch that you can actually wear and that suits your personal style. The watch that you choose should also be wearable for multiple occasions. The benefit of owning a luxury watch collection is that you can enjoy it daily instead of keeping it hidden in a box. Buy a wearable watch to avoid keeping the expensive purchase locked up in your dresser.
Look for classic pieces – you should not chase trends when buying a collectable luxury watch. You need to buy a watch that will suit your needs for years to come.
Care for your watch – once you buy your first watch, you should take care of it properly to avoid wasting money.
Shop for pre-owned pieces – you can save money by buying a pre-owned luxury watch. In the second hand market, you will find pristine luxury watches at a fraction of the retail price.
Keep Collecting
Once you buy the first luxury watch for your collection, you should continue saving for another piece. When buying your second watch, you can go for something that is very different from your first watch or buy a similar one. No matter what you decide, maintaining your luxury watch collection is an enjoyable venture that will always excite you.
Consider Storage
Once you buy a luxury watch, you need to store it properly to keep it in pristine condition. Whenever you are not wearing a watch, you should store it in its original case to avoid scratching it. If you do not have the original case, you should find a quality container.
Conclusion
Starting a luxury watch collection is an exciting and fun idea. However, you need to conduct plenty of research if you do not want to waste your hard-earned money on fake luxury watches.