The Art of Collecting Watches: Indian Watch Connoisseur explains why people spend Lakhs, even Crores


The Art of Collecting Watches: Indian Watch Connoisseur explains why people spend Lakhs, even Crores

For a long time, luxury watches have been synonymous with high status and prosperity, and it is not uncommon to see famous people indulging in the fascinating world of luxury watch collections, often showing off some of the most exquisite timepieces.

However, it's not only a matter of showcasing success or seeking attention. According to the Indian Watch Connoisseur, luxury watches also offer a profitable investment opportunity.

Luxury watch brands such as Rolex, Patek Philippe, and Audemars Piguet are known to increase in value over time due to their limited production and use of high-quality materials. As these watches become rarer, their value often rises, making them an attractive investment opportunity. Although these watches can be hard to obtain from authorized dealers, they are frequently available in the secondary or pre-owned market, often selling for two to four times their original retail price.

A collection can convey a highly personal narrative. Some collectors may have received their initial luxury timepieces as a gift during a momentous occasion, such as an important birthday or achievement. This could mark the beginning of their collection, with each subsequent watch symbolizing a significant moment in their life.

Certain watch collectors possess an ardent interest in specific brands, functions, or aesthetic characteristics. They may spend several years searching for particular timepieces to add to their collection, in order to achieve a sense of completeness.

Watch enthusiasts may also take pleasure in the tales that watches convey. For numerous years, collectible timepieces have served a purpose beyond telling time and have been integral to many significant historical moments. For instance, the OMEGA Speedmaster was utilized during the exploration of the moon.

Earlier collecting watches meant purchasing either new or old pieces that would last a lifetime. However, nowadays, there's a low-risk way to build and rebuild your collection through the pre-owned market. Indian Watch Connoisseur is a prime illustration of a passion for luxury timepieces and their aspirational nature. Its inception was in 2020 as an Instagram page aimed at disseminating information and content about watches. Over time, it has transformed into a group that brings together buyers, sellers, and an engaged community of individuals who contribute their distinct experiences and stories. In doing so, the Indian Watch Connoisseur has enriched the world of horology in India on a global level, Making it easier than ever to buy something you're interested in without fear of being scammed.

 

Source: Press Release