RECOMMENDED READING: Can you get rich from collecting watches?
Nick KenyonWhile antique categories such as art, furniture and artefacts have long been recognised as stores of value, watches are a relative newcomer to the game of “buy low, sell high”. And this poses an interesting question – can watches help you get rich? It seems like every auction season, old records are broken, and new ones are set for vintage references, and not just with the usual suspects of Patek Philippe and Rolex. While quality examples of Nautilus and Daytona models reach eye-watering prices, enthusiasts and collectors are seeing brands such as Universal Genève, Omega and Cartier climbing in value too.
The New York Times recently published an excellent piece on this phenomenon, exploring why watches are increasing in value, if they make a reliable investment, and what to look for when you start collecting. Definitely worth your time.
