This year has proven to be a challenging one to plan your finances.
The current economic uncertainly around the globe has shown the importance of having tangible assets you can keep as a rainy day fund.
A small asset like a valuable designer watch can be a lifesaver; as such a luxury item can be sold in a quick time to generate some secondary income.
But you have to be aware of the true worth of your watch, as not every brand will fetch a high enough price when the time comes.
You will also need to keep it well maintained and in excellent condition if you want to sell it off eventually.
If you’re curious about investing in a designer watch, let’s take a look at some of the premier brands that will come in handy in your time of need.
Rolex is unarguably one of the most valuable and worthwhile watch brands you can invest in.
The company has been around for 115 years, and it has generated an enormous amount of goodwill from its many high profile customers.
People see this watch more as a family heirloom, passing it on from generation to generation.
The watches are made with the finest precious metals, and a single watch can go upwards of $10,000.
If don’t have the funds to buy a new Rolex, don’t fret. You can look at the available selection of a trusted professional buyer or pawnbroker.
Founded almost two centuries ago, Patek Philippe is a Swiss luxury watch manufacturer that crafts some of the finest timepieces money can buy.
This is a watch that exudes elegance and grace and combines it with masterful engineering to make complex yet beautiful watches.
This brand has been worn by some of history’s most significant individuals, from Kennedy to Einstein.
If you’re looking to invest a considerable sum in a designer watch, there are very few names that can come close to the prestige of Patek Philippe.
Another Swiss watchmaker, Audemars Piguet is a family-operated business that has been producing quality watches for over a century.
In the 1970s, the brand gained international recognition and acclaim for its Royal Oak model, which propelled the company into the elite class of luxury watch manufacturers.
This manufacturer provides watches that are sleek, elegant, and modern. The watches are worn by many popular figures in popular culture, such as various music artists and famous athletes. This is definitely a brand with a lot of resale value.
Cartier is a huge name in the luxury goods industry.
The French company is seen as the premier jewellery brand in the world, and its watch offerings are some of the finest available.
The company has a rich history of watchmaking, owing to its namesake and founder, Louis Cartier.
Currently, the brand offers some of the highest-quality watches on the market, with intricate functions and shimmering quality.
This is a brand that will definitely serve you well as a financial asset if you ever need it, and if not, you’ll be in possession of one of the most luxurious watches in the world.
The youngest brand of the bunch, this watchmaker has only been active since 2001.
However, what it lacks in history, it makes up for in sheer determination to make the ultimate timepiece with the most luxurious materials, handcrafted and engineered to perfection in every detail of its design.
The experience of wearing a Richard Mile has been described as having a Formula One car on your wrist.
You can rest assured of the quality and desirability of this brand.
Now that you’ve gained some insight into the world of designer watches, you should definitely take the plunge on a brand that speaks to your personal taste.
Designer watches can prove to be an excellent investment, but you will have to sell it through the right channels if you want to recoup the true value of your item.