Is Buying a Vintage Watch Worth It?
Posted on September 26 2018
Buying a Pre-Loved Watch
Aside from a unique appearance, vintage watches hold a distinct charm, because they represent a part of history. For this reason, many are lured to hunt vintage timepieces, or at the very least check them out and see why collecting pre-owned watches is a passion for some.
But, what value does a vintage watch possess and is purchasing it worth it? Well, it depends, and the decision will be up to you. Here are a few points you need to consider to weigh to know if buying a vintage watch makes sense for you or not.
Buying a vintage timepiece is not as simple as walking in a store, finding a model you like, and making a purchase. It’s way more complex than that. The first step is to do research, and a very extensive one at that.
First off, you need to be familiar with vintage watches, and the particular model and brand you’re interested in. When you know the ins and outs of vintage timepieces, you will have greater bargaining power and you wouldn’t be prone to getting ripped off or buying a watch that isn’t what you had in mind.
Determine the model you want. Is it a Rolex, Patek Philippe, or an Omega? Try to verify with the manufacturer and see what information they have on the watch. Provide information such as the serial number, movement, and case numbers, so that they can verify the authenticity of the watch and let you know other important details about it such as functions and any unique features.
Manufacturers can also let you know if they can service the watch or not. There are some brands that will repair any watch they manufactured, while others will not service watches that are older than a particular model.
You can also take advantage of online sources such as blogs, communities, and forums to learn more about vintage watches, how to spot fakes, and ways to know if a deal is reasonable or too good to be true.
Depending on market behavior, vintage watches can increase in value overtime.
Collecting vintage watches is not the ticket to a huge nest-egg. However, having them in your possession can provide some sort of financial leverage, especially if you own rare timepieces.
Buying the Seller
Buying vintage watches can be a gamble. You win if you get your hands on an authentic timepiece for a good price, but you lose if you got tricked into buying a counterfeit or a watch patched up with replacement parts. The good news is, it’s a game you can easily win if you know how to play it right.
If you want to be successful in purchasing vintage watches, you need to know how to buy the seller, which basically means taking safety measures to ensure that you’re buying from a legitimate seller.
If you’re purchasing online, ask for a proof photo from the seller. To indicate proof, sellers can put the watch side by side today’s paper along with a handwritten note indicating the seller’s name. Forums can also be a good place to look for reputable and trusted sellers and dealers.
The Relux is a legitimate e-commerce business selling pre-loved high-end pieces including watches. All our watches are guaranteed and ensures that you’ll get great value for your money. We allow a 14-day inspection period on all our items, allowing customers to verify or examine their condition.
All the work that comes with purchasing a vintage watch will all be worth it if it’s something you want in the first place. Before you decide on buying a pre-owned timepiece, make sure that you’re up for the thrill of the chase. After all, the hunt is one of the things that makes owning vintage timepieces beautiful and worthwhile.