Top 5 Luxury Watches To Invest
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Watch aficionados love owning high end timepieces manufactured by luxury brands like Rolex, Audemars Piguet and Patek Philippe. Timepieces from these brands are not only aesthetically appealing accessories, but are also an investment option. To ensure the value of your coveted watch is safeguarded, you must get a watch appraisal for insurance.
Watch enthusiasts like to adorn luxury watches on their wrists because of their elegance, craftsmanship and precision. As an investment option, high end watches are a great way to earn a high premium, especially limited edition watches.
Prestige Valuations is a leading appraisal company. They provide various appraisal services such as luxury handbag, watch and jewelry appraisal in NYC.
By getting a watch appraisal online, you can secure the value of your coveted watch over time. An appraiser will provide you with a certified document mentioning the accurate market value of your timepiece. The appraisal document will also have all details about the watch such as whether it's a gold watch or stainless steel. Is it studded with diamonds? What is the accuracy of its timekeeping and its movement's precision? High quality pictures will also be included in the appraisal report.
Factors An Appraiser Will Consider
When you get a watch appraisal for insurance or selling by an experienced appraiser, they will consider a few factors to determine the accurate market worth of your precious timepiece.
• What is the brand of your luxury watch?
• Which model is it?
• Is it a limited edition or rare watch?
• What's the market demand for the model you own?
• What is the condition of your watch?
• What is the age of your watch?
• Is it an antique, vintage or contemporary model?
• Can you prove the authenticity of your watch?
• Do you have the original box and receipt?
• Are all the parts of your watch original?
• How many times the watch has been repaired?
• What are the materials of the watch?
If you are planning to purchase or sell a luxury watch, it is recommended to get a watch appraisal online. If you want to know the top five investment worthy watches, go through the infographic below.
