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THE JOURNAL

Misconceptions Regarding Watch Collection and Appreciation in Value

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I do not know when it started, nor where the rumour spread that watches possess a certain degree of appreciation and value retention space. For watch collectors, not every watch holds collection value and appreciation potential. Only special or limited-edition models possess appreciation and value retention potential. Furthermore, such watches are generally unobtainable by the average person, and to top it all off, they are expensive,
   I do not know when it started, nor where the rumour spread that watches possess a certain degree of appreciation and value retention space. For watch collectors, not every watch holds collection value and appreciation potential. Only special or limited-edition models possess appreciation and value retention potential. Furthermore, such watches are generally unobtainable by the average person, and to top it all off, they are expensive, making them unaffordable for most people.
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  For watch enthusiasts, buying a watch with investment in mind is far less practical than buying a few stocks in the domestic market to try your luck. Expecting the watch you wear to appreciate in value is somewhat wishful thinking. Perhaps someone might think that buying a good watch now can be passed down to descendants. However, have you ever seen anyone around you wearing a watch left behind by their parents?

  A watch is a piece of art, but also a consumable item

  A watch is a piece of art, a piece of art that can be worn, while also being a consumable. Nowadays, whatever watch you want can be bought on the market. Just like cars, there is not much difference between the two; both can be purchased on the open market. A car depreciates the moment you drive it home, and watches are much the same, though some luxury watch brands fare slightly better and retain a certain degree of value.

  The collection value of watches is undeniable—after all, cars are for the poor to play with and watches for the rich, and that saying is not just empty boast. For the general public, if you truly love luxury watches, you might as well buy aReplica luxury watchinstead, which is more practical. Without spending too much, you can enjoy and experience the sensation of a work of art—why not? As for collection and value retention, put those aside for now; living in the present is best.

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