There are several factors that determine the actual value of a watch, first of all certain criteria must be taken into consideration, fundamental aspects that dramatically increase or decrease its value. When a watch is ‘examined’ the first thing that is checked is its status of protection, i.e. how it looks to the eye, whether the eye can see any damage of various kinds or heavy scratches, or whether the watch itself is in working order. The fact that the watch needs light or deep assistance already has a decidedly disadvantageous factor during evaluation.
Another major aspect that is immediately noticed is the brand of the piece being evaluated, which is also a definite determining factor, especially if the brand is well established in the market and therefore sought after.
Another factor that increases value is the numerability of the piece: the more unique a timepiece is, the more exponentially the valuation increases. Staying on the subject of rarity, it is also a good principle, though not an absolute one, to be in possession of a watch that is no longer on the market because this may confer additional value.
Another valuable feature is a dial that offers uniqueness, especially when it comes to vintage watches.
And as a final evaluation factor we have the presence of box and certificate of authenticity of the watch, to attest to its veracity and consequently increase its valuation.
Collecting wristwatches properly
If you are inexperienced and are opting to purchase a second wrist watch, the key advice is to arrange to buy from reputable sellers who can prove with certificates the veracity of the watches, whether we are talking about vintage pieces or luxury watches.
If you do not fully understand the structure and history of the watch you want to buy, it is best not to rely on your own abilities; it is better to meet the sellers in person at public events such as fairs and exchanges to be more confident about their reliability.
Collecting watches can become a fantastic pastime but not only that: investing in watches is a lucrative business if you decide to resell your pieces. The vintage and second hand market is very prosperous in this respect.
Choosing watches as an investment might be a wise choice, but it is good to be careful. In fact, the evaluation of the timepiece should be done by experienced people who analyze the piece both externally and internally to figure out whether the pieces are legitimate or modified/counterfeit.
This is why attending SwissRelux, a Swiss watch fair, an unmissable opportunity for enthusiasts to meet the best professionals in the field and get specific and professional appraisals of both their own pieces and those they are contemplating buying.