2010-12-21

Watches - An Investment and Not Just a Timepiece

A watch which was known as a timepiece from the time of evolution in the 15th century has evolved itself with time and technology from just being a time piece to an instrument that helps not only in telling time but also in giving the day, date, month year and electronic watches may have many other functions depending on what purpose it is used for. From being a tool to tell time it has evolved itself being a style and status symbol.

Watches over time are being considered and appreciated as jewelery accessories that determine an individual's identification to collectibles of art work that have tremendous value in terms of investment. The classic watches are the most valued and expensive once because of its craftsmanship and design. They were the watches that used to work on power produced by the spring parts.

Classic watches are considered as a person's prestige in the society because of its expensive prices. They are considered as an illustrative piece of treasure. Collecting classic watches or investing in them involves a lot of money and needs to be protected. Omega, Hamilton, Piguet are some of the companies that have created classic watches.

These classic and luxurious watches which were bought a long time ago are now selling for much more than what the owner would have paid for it. These watches started to increase in value in the past few years as people have started seeing them as art works.

The luxury watchmakers are buying back their most expensive and most adorable time pieces through auctions paying an unimaginable sum of money. Some of the wristwatches are seen being bought back for more than 10 times their actual value. As time goes by these are being considered as a valuable piece of investment.

Companies such as DKNY, Police watches, Seiko, Casio, Tissot, Accurist are some of the new old and new manufacturers that specialize in simple and complicated mechanical designer watches and luxurious watches that are invaluable in terms of its craftsmanship and art work. These watches are made with a kind of precision that makes it working for infinity. They are elegant, stylish and most valuable in terms of investment. Some o these come with new technologies such as global positioning and small computers built within it.

Some of the most valuable watches are produced by manufacturers that are in the industry from long time such as Cartier, Casio, Tissot, Accurist, Bvlgari, Brietling, Omega, Frank Muller etc. They will always be a cut above the rest for the kind of hard work that they put in to produce a high craftsmanship and excellent art pieces.

Luxurious watches serves as a symbol of excellence, status and pride. It also serves as core samples of accessories that act as fashionable wardrobe. Investing in rare and uniquely crafted wrist watches or fine pieces of designer watches is an attractive proposition as they can be worn on special occasions and if taken proper care and managed can appreciate in value as they are also governed by the same principle as of jewelery which says that rarity and uniqueness is the top priority. In this investment value is realized over time when they are fully appreciated and recognized because of their uniqueness and scarcity.


Watches - An Investment and Not Just a Timepiece

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