Whether you are well-versed in the world of high-end accessories or have been pondering a purchase of a heritage timepiece, the “why” behind this significant purchase goes beyond just the name and the aesthetic of the piece. If you are still hesitating on taking the step to add to your collection, or to purchase your first iconic timepiece, we help to highlight some more of the “why” as to the benefits of such a purchase.
Why Invest in a Luxury Watch?
- To Make Money
- Portable Asset
- To Honor a Life Event
- To Underscore Your Lifestyle
- To Pass Down a Heritage Timepiece
What Does This Mean for You?
Unlike most luxury cars, or designer handbags, watches do not depreciate in value over time with use. Since the 1970s, for example, the price of a stainless-steel Rolex has never gone down in value. You may wonder how this is possible — the answer is apparent: Scarcity creates value. While the demand for a Rolex watch continues to be high, the production of the sought-after timepiece has not increased. This means you can enjoy wearing a Rolex every day, and if the time comes where you choose to sell it, it is possible to sell it for a profit, even years after enjoying it on your own wrist. This makes it a portable asset — meaning it is easy to sell and take the profit by allowing fast access to your assets; and unlike cash, you can insure your Rolex, making it a wise investment that you can use for cash down the road, should you desire.
For many, owning a luxury timepiece is a milestone in itself. However, to celebrate and honor the sale of a business, a monumental wedding anniversary, or a well-deserved retirement, a luxury timepiece is the exclamation point on life’s biggest events that forever memorialize the significant occurrence. The biggest events in your life are something to work toward, something to celebrate, and something to be proud of. Ensuring the gift matches the significance of the event makes a high-end timepiece the perfect symbol to honor this moment in time.
Iconic timepieces have been present at major events throughout history. From sport to innovation, the world’s top luxury horology entities have been involved in them all. The accessory you wear on your wrist subtly speaks to your lifestyle and the image you want to convey. Your timepiece can tell the story of your life; choosing what piece is going to help share your persona and your narrative is a personal yet incredibly powerful way to let the world know who you are.
High-end horology can be a heritage timepiece for your family. Luxury watches are built to last and to boast a timeless aesthetic. This means that the memories and moments in time you build while wearing your favorite timepiece can be passed on to generations to come. They are symbols of the family members who have worn them before and will be there for the new memories to be created by future generations. To paraphrase Patek Philippe’s mantra, “You never actually own a luxury watch. You merely look after it for the next generation.”
How Can We Help You?
High-end opulent accessories are our passion! We have the knowledge and experience to match you with the perfect timepiece for your lifestyle and your goals. Visit our Facebook page at www.facebook.com/jewelsintimeshop or give us a call at 561.368.1454 to begin your journey toward your next great investment!