Are you planning to buy a luxury watch? It is probably one of the most exciting moments in your career. Buying a luxury timepiece is celebrating or marking a very important milestone or achievement in your life. Because of that, you need to make sure that you are choosing the perfect timepiece that can be with your family for many generations.
But do you have any idea where to start? Buying a luxury watch can be very overwhelming if it is your first time doing it. It’s best if you have a checklist or a guideline on what to do or what to look for. In this article, we will give you some pointers so you will have an idea of where to begin choosing the perfect luxury timepiece.
How to start collecting luxury watches?
Of course, the very first aspect that you need to prepare is the budget. While the prices of each luxury watch vary on the brand and model, it is more ideal if you are already prepared to spend tens of thousands of dollars. However, make sure that you are not spending more than what you can afford. These guidelines will help narrow down your choices so you’ll know what you can get with the budget that you have.
1. Learn about various brands
There are tons of brands and models of luxury watches in the market today. Each of them has unique characteristics and qualities that are different from the rest. The key is to learn about various types of brands so you’ll have a clear idea of what to buy. For instance, if you are looking for a high-performing luxury sports watch, you may consider buying TAG Heuer or Omega. These two are equipped with some of the highest performing chronographs that can track even milliseconds. However, if you are into classic and elegant timepieces, you may want to check out Rolex or Patek Philippe. These brands are well known for producing sophisticated and formal timepieces that are perfect for evening galas and dinner events.
2. Understand different watch movements
One of the most important things that you need to know about luxury watches is that they use different types of watch movements. Depending on the model or brand, a luxury watch can either be powered by Quartz, Mechanical, or Automatic movements. In some cases, manufacturers also use their in-house mechanism, which is a more complicated version or combination of the three.
This is a battery-powered movement, but with higher specifications. Quartz is probably the easiest to maintain of all three types of movements. Once it stops working, all you need to do is to replace the battery so it will work again.
One of the oldest watch movements is mechanical. This movement is also called a self-winding watch. Simply because to maintain its high precision, you need to wind it often. Failure to do so can create a negative impact on the watch’s mechanism.
Kinetic energy is the secret of automatic timepieces. These are self-powered movements that use energy transmitted from the wearer’s movement. It means that you need to always wear these types of timepieces if you want to maintain their accuracy.
3. Choose the best way to purchase
Another factor that you need to consider is the way you will purchase a timepiece. There are different avenues where you can find and buy a luxury watch. Here are some of the most common ways to purchase a watch:
A. Brand boutique
Some people still prefer to purchase directly from the brand’s boutique. It is highly recommended because you can be sure that the items are authentic. Additionally, you will also have access to all of their latest releases. However, the downside of doing this is that you will only have access to a single brand. You will not be able to see other models that can be promising to own as well.
B. Third-party sellers
For a wider selection of choices, it’s best to purchase from authorized third-party sellers. These are the jewelry shops and online watch stores. The greatest advantage of buying from these stores is that you will have access to a variety of brands and models. Additionally, you may also experience getting an additional store warranty or promotional deals.
C. Collectors and auctions
If you are looking for unique timepieces and limited edition watches, buying from watch collectors and auctions may be the best way to go. Most of the time, the timepieces that these avenues sell are no longer in the market or the manufacturer has stopped producing them. Because of that, its value has been appreciated, making it some of the most coveted timepieces of all time.
4. Examine the watch’s authenticity
Regardless of whether you decide to purchase from a third-party seller or an auction, the most important part is verifying the timepiece’s authenticity. Unfortunately, there are a lot of scammers nowadays that will tempt you to buy a counterfeit version of a luxury watch. You can research each of the brands and learn how to verify the authenticity of a timepiece. The most basic rule is the price. If it costs too little compared to the original price, it’s best to double-check. Also, if someone is selling you a luxury model that sounds unfamiliar, you should check with the brand’s website or store to verify it.
5. Cleaning and storage
The journey of buying a luxury watch doesn’t end after you make the purchase. While these timepieces are made with high-quality materials and are designed to last for a long time, it is still recommended that you take good care of them. First, make sure to always clean them before putting them into storage. Most of the time, people forget that while you are wearing your timepieces, it can accumulate dust from outside. So, to avoid build-up, make sure to wipe it with a damp cloth before storing it. Moreover, it’s best to use the box that comes with it when storing. These boxes are made with materials that will help protect your timepiece.
Since you are going to spend a huge amount to purchase a luxury watch, it is recommended that you learn everything there is to know about choosing, buying, and maintaining luxury watches. If you want to get some inspiration, check out TheWatchCompany.com today!