There are particular models from brands that always garner value. When was the brand founded? Who owns it today? What are their current strategies? What type of watches do they produce? What level of quality do they offer? One must investigate this before “investing” in a watch brand.Īpart from its aesthetical value, take note of the true quality of that model. What are the key factors to be taken into consideration before investing in a watch? Here’s a crash course you can take before bidding at online watch auctions. To help us understand this better, we spoke with Mr Deepak Krishnamoorthy, a timepiece expert from AstaGuru, one of India’s finest luxury auction houses. More so, as online watch auctions are slowly replacing traditional ones, there’s much to learn about the new auction process and the market. And for first-time bidders, it can be easy to find themselves lost in this rabbit hole. However, on the financial side of things, vintage watches have always been fantastic assets to own, and it’s no surprise that their prices have skyrocketed in recent years.Īs a unique investment and novelty, the financial values of these elegant artefacts also have unique determinants. These pieces and the process of collecting them certainly has a charm of their own. Hence, bringing a sentimental value with them. Surviving decades, they offer not only monetary value but also a heritage and story. These novelties are manufactured at the highest degree of jewellery and mechanical craftsmanship. We asked an expert how to prepare for bidding at online watch auctions. It takes more than a money briefcase and having the fastest finger first.
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