More and more people are shopping the secondhand and vintage watch market to add to their collections of watches, as watch collecting has become one of the century’s most popular hobbies.
There are, however, watch enthusiasts who would rather wait two years or more in order to get a new timepiece.
Both options have their advantages and disadvantages. We compare and contrast the benefits of purchasing a new watch with those of purchasing a pre-owned watch.
1. Availability of unique watches
You might be one of those watch buyers in the market for a watch that is highly sought after by collectors and is consequently tough to get in brand new condition. To gain an advantage in this situation, consider purchasing vintage items.
There is a large amount of inventory on trustworthy second-hand shopping websites, and this may provide you with the option to purchase a certain brand or model that you are unable to obtain in new form.
Whether you are looking for a pre-owned or new watch, take the first step and contact TopWatch, and let one of their expert staff members assist you in getting the perfect watch.
2. The condition of the watches
When watch buyers purchase vintage items, it is inevitable that there will be some nicks, dings, or scratches on the items, regardless of how well they have been maintained.
On the other hand, a lot of individuals think that this gives the watch more personality. It often serves as a springboard for further discussion.
3. The value of the watch
In contrast to the value of luxury automobiles, the value of a luxury watch almost never decreases. To put it another way, luxury timepieces will always have a lower resale value than their original purchase price.
If you bought a pre-owned watch that had been certified as being in good condition, you could potentially save hundreds of Rands by bypassing the first depreciation. Purchasing a used watch generally results in a satisfactory rate of return on investment.
If you are interested in purchasing an item that has the potential to increase in value over time, rather than thinking of a pre-owned certified watch as a fashionable accessory or a showpiece, consider approaching the purchase of such a watch as an opportunity to make a profit by selling it on to someone else.
There isn’t a universal trend toward an increase in value for pre-owned luxury timepieces. That depends, to mention a few factors, on the brand, watchmaker, and model, so this kind of investment demands some research, but it also provides lucrative returns.
4. Quality mechanisms
The majority of luxury timepieces are maintained to a high standard. Surprisingly, they are more capable of withstanding the passage of time than the majority of today’s timepieces.
Some of these timepieces took weeks, months, or even years to reach their final form because they were constructed from durable, high-quality materials.
These mechanical miracles were produced by master artisans who paid the uttermost attention to each and every minute detail and united their love, dedication, and competence in the process. They were then passed down from one owner to the next.