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Watches as a luxury collectible can provide a method to earn as the classics like the Patek Philippe, Submariners, the Omega Speedmaster and Rolex make a good collection and their prices have almost doubled in the last few years.
The young customers keep updates about such watches on social media like Twitter and Instagram, and their investment can be like a stock market investment, where the vintage classics or brands with a higher number of buyers may get higher values. The growth in some such investments can be more than 100 percent in five years.
Several high-end investors hold such collectibles like rare gem-studded Rolexes, or the watches of World War II, which have gained tens of millions from the time of investment.
These timepieces seem requisite and are endorsed by top sportspeople like Rafael Nadal, LeBron James, and Dwyane Wade. Some companies specialize in classic timepieces and offer a chance to invest in some of the exceptional and limited edition pieces that can be bought at a price 50 percent less than retail offers.
Buyers can get a modern update of classic with new features that can gain in the years, due to the sophisticated engineering distinctiveness.
Some of the vintage models have a great brand reputation and intrinsic value. Presently, the watch model Rolex Submariner can be accessed at desirable rates – the reference 16800, which is mostly referred to as transitional sub, is the sports model with sapphire crystal, which was a version from 1979 to 1983 having luminous markers on the dials, while, some of its later versions have luminous white gold markers.
These can be bought in the range of $8,000 to $15,000. Rolex Datejust with reference 1600 and 1601 can be found in steel and gold in the range of $4000 to $10,000.
Limited original models in good conditions, supported by certifications and original box intact, can provide ways to earn advanced appraisals.
A brand like Omega Speedmaster is always liked by the collectors, as it is one of the first sports and racing watch that took its name from the tachymeter scale bezel.
Buyers should try to find out if the watch has been polished over the years as polishing can result in a decline in value. They should be careful about unethical sellers who sell pieces with non-original parts.
Although these are uncorrelated to stock markets, the value of some brands is down by 30 percent during the recession but it can gain later; nevertheless, such investments are different from regulated stock market investments.
Collectors should have the awareness to obtain the best pieces to create a marketable collection, where some of the pieces can provide exponential returns in a few years of investment.
The investors should be aware that all such time machines do not sell for a net absolute gain of over 100 percent but, sometimes, a great vintage can give unimaginable returns.
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