The popularity of the mechanical Swiss watch is rising pretty much every year, especially in the men’s sector. It has proven itself to be recession-resistant and exports so far this year are up by 16.4 per cent. Many who have a little knowledge about the industry have realised that purchasing the right watch can be a long term investment, although this inevitably means a high initial outlay. Therefore let’s look at the best men’s watches available to buy, in excess of $10,000.
There are four golden rules when it comes to investing in a watch that will give you return on your investment:
The timepiece should be made by a top luxury watch brand (some independent newcomers are giving big name brands a run for their money)
The watch should be from a limited batch. (The fewer pieces made in a certain edition, the rarer/ more expensive it will be.)
If the limited edition watch was produced for a special event or landmark, its value will increase due to the special meaning / link to time in history.
The watch should be complex and of the highest craftsmanship.
Justlux.com, the online affluent lifestyle guide have identified the following six watches which meet these criteria, all with a purchase price of upwards of $10,000:
Patek Philippe 5130P Mecca Edition World Timer Platinum
Inspired by the holy city of Mecca, this watch was released in 2011
Only 149 others of its kind
Displaying both World Time and 24 times zones
Priced at $73,593, the uniqueness of this watch is expected to be worth more in the future
Vacheron Constantin Historiques American 1921 Boutique New York
Style mimicked the look of its products from the 1920s
Only 64 ever made
It has large Arabic hour numerals and detailed hands and finished with a hand-stitched alligator strap
Priced at $36,400, and with its unique look and scarcity, it could rise in value quickly.