MyWorldGo 3 Watches You Should Invest In

Blog Information

  • Posted By : Jeson Clarke
  • Posted On : Oct 19, 2022
  • Views : 104
  • Category : General
  • Description : Whether you invest for profit or simply for the collectible value, investing in luxury watches is a fun way to make some money while getting to see some of the world’s finest timepieces. From starter watch collections to world-class estate collections, there’s a place for everyone in the world of watch investing.

Overview

  • Whether you invest for profit or simply for the collectible value, investing in luxury watches is a fun way to make some money while getting to see some of the world’s finest timepieces. From starter watch collections to world-class estate collections, there’s a place for everyone in the world of watch investing.

    If you’re new to the art of investing in watches, below are three timepieces to look out for:

    Rolex Submariner Reference 16613

    The Rolex 16613 is a fantastic option for collectors of all kinds, as it offers Rolex's signature yellow rolesor and sapphire flat crystal with a cyclops lens. Produced from 1988 until 2009, the Rolex 16613 is a collector’s piece that can also be a good investment if you can get your hands on one for around $10,000. Resale value can vary, but you stand to make around $5,000 on an investment, making this a good investment watch for starters. To buy a luxury Rolex 16613 watch, visit this watch store website.

    Omega Speedmaster

    Known as the “First Watch in Space”, the Omega Speedmaster is a wise investment for collectors who are looking for historical value. The Speedmaster features chronograph functionality, a centrally-mounted second hand, and an external tachymeter bezel. This is another investment watch that works well for those just getting started in watch investing as the buy-in cost is typically low at around $5,500. Depending on the watch and the deal you find, you stand to make a little extra cash.

    Rolex Daytona Reference 16520

    The Rolex Daytona has a storied history, arriving at its name after being used as the official time-keeping watch of the Daytona 500. Depending on which variant you come across, the Daytona features engraved stainless steel or a black acrylic inlay. Each six-digit Daytona is a self-winding chronometer with chronograph functions.

    Values Can Fluctuate

    Just like with any investment, watch values can fluctuate based on age and other variables. If you’re serious about investing in timepieces, remember that the retail value of a watch means little in the resale market. Limited editions, historical pieces, and one-off models can all hold a lot of value despite not being very expensive off the shelf.

    Read a similar article about Rolex 126334 here at this page.