OPPORTUNITY FOR GAINING VALUE
Interest rates are set at a historic low and manufacturers are increasingly raising their prices. At the same time, the Internet offers high discounts on luxury watches with up to 25% off on the manufacturer's recommended retail price. The New York Times states that luxury watches are expected to appreciate by 68% over the upcoming 10 years. A much stronger growth of 487% is expected for vintage watches. In fact, a clear increase in interest can be identified in China and the Middle East.
TimeRating.com is the first website showing a value development, price increase and trend of popular luxury watches. We provide all important data for your luxury watch by analysing each watch's value over time, price lists and popularity. We are deliberately focusing on non-limited models up to a price of €20,000 (about $21,000 USD), since a purchase in this segment can become extremely worthwhile.
Only about 20% of all luxury watches qualify for a profitable investment.
According to experts, even if a lot of mechanical watches are not suitable for investments, they do hold their value over time. Retaining value is becoming increasingly important, especially in economic crises. Even though we had devastating economical crises over the past 40 years, watch expert George Somlo states on CNBC that vintage watches have always have been a solid investment.
Important: The brand must be attractive and popular.
Among those brands count: Patek Philippe, Rolex, A. Lange & Söhne, IWC, Audemars Piguet and famous models from Omega, Tagheuer, Jaeger-LeCoultre and Nomos Glashütte. In addition to these top luxury watch brands we added more popular luxury brands to enable a relevant comparison among a wide range of brands. For example, CNN presents a selection of 10 highly promising second-hand vintage watches for auctions from the brands Rolex, Breitling, Omega and Patek Philippe.
Prices are showing a strong upwards trend.
In the future, the currently growing demand of luxury watches could be further driven by an increased transparency and demand from the Internet business. Online purchases are strongly prospering. Forbes emphasises a rising demand coming from China and Arabian countries. For example, German watch brands are highly desired in China.
RECENTLY ADDED WATCHES
We are constantly expanding our portfolio of luxury watches. Here you find our latest additions.
TREND DEVELOPMENT BRANDS
The graph visualizes the global search interest for the most popular luxury watch brands on Google over the last 5 years. Rolex and Omega were excluded because Rolex has a much higher popularity than other brands and because the search term Omega is associated with different meanings.
Since 2012, Tag Heuer and IWC lost about 20% search volume on Google around the world. Breitling lost about 25% during the same period. However, the popularity for Hublot and Patek Philippe has increased by a double-digit rate. The development might have different causes and does not necessarily have to be linked to the popularity of a brand. For example, marketing activities or an increased Internet presence can have a significant influence the search interest on Google.
TOP WATCHES BY VALUE DEVELOPMENT
The price development of these watch counts among the top average growth rates over 5 years of our portfolio. We focus on luxury watches under € 20,000 (about $ 21,000), since this price segment is highly dynamic. The price development of a watch serves as an indicator of the increase in value over time. This holds due to the fact that manufacturers are only able to set a certain price in the market on the long term, if this price meets sufficient demand.
The Rolex Daytona represents a highly popular example for a worthwhile investment. Find out more about the Daytona's price increases and value over time in comparison to other popular Rolex watches.