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Watch lovers are always scouting for the perfect answer to their constantly buzzing question of “What is the value of my watch”? This question has a number of answers in favour of certain innate characteristics that the timepiece mirrors both to the owner and the onlooker. For the benefit of all of those people interested in flaunting their splendid watch collection, the following run down of pointers will come in handy in ascertaining the link between the watch and its intrinsic value.
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Watch lovers are always scouting for the perfect answer to their constantly buzzing question of “What is the value of my watch”? This question has a number of answers in favour of certain innate characteristics that the timepiece mirrors both to the owner and the onlooker. For the benefit of all of those people interested in flaunting their splendid watch collection, the following run down of pointers will come in handy in ascertaining the link between the watch and its intrinsic value.
The History If you are the lucky one to own a gold pocket watch which has a history behind it and comes to you as an inheritance from your forefathers, then this vintage watch will be of utmost value to you. This is followed by the vintage wrist watches that came after, worn by the most affluent of the previous centuries.
Material Besides being of an expensive metal, it could also be a simple steel wristwatch that has attracted your attention and prompted you to purchase it in a second-hand market. Thrusting a great deal of importance on the metal that is used to craft a watch, it is an important fact to note that the value of your watch is dictated by an increase in the market value of base metals which will eventually cause the value of that watch to rise.
Brands Speak Volumes Passed on to the legal heirs from generations, prominent luxury watch brands like Chopard, Omega, Tag Heuer, Piaget, Casio, Rolex and Seiko among a few others are invariably plotted on the high price curve. A worthy move here is to look at the value of each individual piece as against calculating the total value of a watch collection as a single unit.
Perfect Condition Watches which are well-maintained without any scratches or cavities on any of their parts will demand a higher value as compared to those that look like they’ve been through the mill. However, if the watch does boast of a rich history, a few scratches here and there are usually overlooked.
Iconic Connections up the Value of Your Timepiece Vintage watches come with a price tag that’s, shall we say, worth the watch along with a feeling of novelty which cannot be replicated. Capable of narrating ancient stories of the bygone generations, the following are the proponents supporting the rise in value of watches. • If the watch demonstrates the presence of a path breaking innovation in the field of horology which was unheard of till date. • If the watch is associated with a famous personality (maybe like the timepiece used by a US President). Such a watch which was either owned or worn by a famous personality has a tendency to demonstrate a rise in its intrinsic value. Thus, all the above mentioned factors have their role to play in upping the intrinsic value of a gorgeous timepiece.