Luxury Watches Still Investment Items Watches For Men
Only the best watches increase in value over time. Here's how to
tell the difference between the collectible and the merely
expensive.As a rookie collector, George bought watches because they
fascinated him with their intricate mechanisms, not their potentia
price appreciation. Since 2004, he has bought about 30 timepieces.
As he gained experience and knowledge about watchmaking and the
watch market, he has become more selective. "I saw that if I limit
myself to buying fewer, more expensive and more exclusive pieces, I
enjoy them more, and they are also a better investment," says , 58,
a cardiologist who lives in East Brunswick, N.J.he healthy
resilience of luxury watches stands in stark contrast to the slump
the industry suffered in the recessions of the 1970s and 1980s.
Watches are now f by investors as a reliable investment that, like
gold, will retain its value or even appreciate. Sales in emerging
countries such as China, Brazil, Mexico and India have also risen.
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