A watch is a popular investment piece for the stylish gentleman. Many people spend a lot of money on watches, but for the beginner watch-buyer, it can be intimidating to spend that amount of money. Before parting with your money, do your research so you can feel confident in making a worthwhile purchase that will hold its value and give you a watch that you will love for years to come.
- Pick a brand or two that you love. Don’t try to buy watches from all different brands, as the costs will soon mount up. Instead, choose a brand or two that stands out to you. Pick a brand that you genuinely love rather than a brand you think will be valuable. It’s better to invest your money on a watch you genuinely like from a brand that you resonate with. A classic brand is a good choice, as you will know that the brand has staying power and will hold value.
- Don’t start with an obscure brand. When you get more informed about watches then it’s possible to spot up and coming brands and invest early before prices rise. As a beginner though it’s better to spend your money on established brands at first until you get better at spotting a watch that will become and stay valuable. Your first investment should be a safer bet to keep your money safe.
- Do your research. If you’re going to part with a large amount of cash, then you want to know what you’re buying. Do your research first. There are lots of watch blogs online, and you can ask in stores for information about the sort of watch you’re considering. As well as learning about watches, do some research about watch care so you can take proper care of whatever you choose. Spend some time googling things like ‘watch battery replacement near me’ so you know where to get anything you need for your watch.
- Look out for something unique. While classic brands are a good idea, it can also be wise to look for something a little bit different. Limited edition pieces or special designs from a well-established brand are a great idea. They can be more valuable later on, as they’re more unique, while still having the safety net of a brand you now is popular and well-respected in the watch buying community.
- Buy a mechanical watch. Mechanical watches tend to be more valuable than quartz options. These watches are valued for their distinct and in-house movements. This can mean the watch is more expensive for you to buy, but the investment will be worth it in the long-run for you.
- Look out for collaborations. Well-established watch brands often partner with other brands, such as up-and-coming designers, celebrities, or quirky brands to create a new line. These watches are very collectible as they tend to be more unique and only available in limited runs. Keep an eye out for collaborations like this so you can buy yourself a piece that is very special and will hold it’s price should you ever wish to resell it.
- Maintain your watch. If you spend a lot of money on a watch, you need to take proper care of it. Read the manual so you know how to care for it properly. Quality watches need to be properly cleaned frequently. Don’t use any harsh cleaning products, and instead use a soft, slightly damp cloth to gently clean it. If you have a watch with a leather strap, be sure to never get it wet, as this can damage it. Be careful about letting chemicals, like from your cologne, near your watch too. Get your watch serviced every few years so you can keep it in good working order and catch any problems before they develop into bigger issues.
- Make contacts in the industry. If you’re planning to get into buying watches seriously then it can really help to have a few contacts in the industry. If you get to know the staff in your local watch shop, then this can help you jump the queue or get a watch put aside when special collections come out, and you may be able to get better prices. Build a network of other watch fans online, as this can help you to learn more about watches, and have a network to sell to if you decide to sell on any of your collection. Selling directly to a collector can net you a better profit than selling to a third party.