The 5 Best Watch Brands With Excellent Resale Value
Did you know that about 86% of potential investors spend hours online looking for new ways to diversify their portfolios? While some invest in stocks or cryptocurrencies, you can consider investing in watches instead. But investing in luxury watches is risky. Not all watches increase in value, and it can be challenging to predict future market values.
What's more, you may not know
where to sell luxury watches
and get a maximum return on your investment. That's where our guide comes in—we'll help you discover the best watch brands with excellent resale value and the
best Australian online selling sites.
Rolex
Whether you're a watch enthusiast or know little about watches, you can recognise Rolex as the world's most renowned luxury watch brand. From their quality and precision to their style, Rolex watches are not only of high value but also appreciate over time, making them a great investment. Of course, this is primarily due to their exclusivity. For instance, you can sell Rolex in Melbourne or other Australian cities for a great price if it's rare or in good condition. Also, you can sell pre-owned Rolex watches like Rolex Daytona, Rolex GMT-Master II, and the Rolex Submariner since they hold or increase in value. It would be best if you also opted for Rolex timepieces that are no longer in production.
Tag Heuer
Tag Heuer stands out for its unique creativity and durability among many luxury chronographs and sports watches galore. It's one of the favourable timepieces that can increase in value over the years due to the valuable materials used to manufacture the watch. Owning Tag Heuer models such as the Carrera, Monza, and Monaco can also lead to a considerable appreciation in their value to their demand. In addition, this luxury watch also holds a reasonable value because of its reliability and ability to maintain good time over the years. This means you can sell a Tag Heuer watch at a higher price as functioning timepieces when other watches fail to perform. Their desirability also increases the chances of you earning a profit after a resale.
Chanel
If you have a Chanel watch that you wish to sell, there has never been a better time. With 30 years of providing timepieces with a signature allure, it may be time for you to expand your Chanel watch collection. The brand has a watchmaking technology that focuses on producing high-quality timepiece designs without compromising technical expertise or craftsmanship. Not only do Chanel watches help you achieve social status, but you can sell the 2nd hand watches for a good price since most of them appreciate with time. You can make a profit by selling watches like Chanel J12 Edition Noire, Chanel Premiere Velours Diamonds, and more.
Cartier
Blending form and function in a way that embodies refinement, Cartier watches make a bold statement. From their sporty-luxe models to more classic pieces, Cartier watches have subtle differences, so you can pick a timepiece that fits your personality. When you own a Cartier watch, you own more than a simple timepiece—you own a timeless legacy. These watches pass the test of time and can gain long-term value as it becomes rare and desired. Some Cartier watch styles that have a high potential for resale value include Cartier Tank, Santos de Cartier, Ballon de Cartier, Calibre de Cartier, and more.
Omega
You can't go wrong with an Omega when you're looking to invest in a watch. Apart from the watches' excellent artistry and innovative movements, you can also buy them at relatively low prices. If you want, therefore, to invest a manageable amount of money in a timepiece and still get a good ROI, Omega watches should be your go-to. You should get the Speedmaster and Seamaster models for a substantial return on investment. These two models can increase their value on the secondhand market since they are in high demand. You should also look for variations like gold versions, function variants, and dial variants when buying an Omega watch. They can help increase the luxury watch's cost in the resale market.
What Makes These Watches A Great Investment?
Aside from the brand name, there are other factors that make these watches a good investment. The benefits include the following.
Materials
Most of these pre-owned luxury watches are more valuable in vintage forms than newer models. This is because the materials used to make them are of higher quality. For example, many vintage watch models used gold in their construction, whereas some newer models tend to use steel.
Scarcity
The rarity of the watch also affects the selling price of the watch. This usually refers to how many other versions of the timepieces are still in circulation. For instance, if you sell 2nd hand watches with a limited production run, you can get a great ROI.
Demand
The aforementioned luxury watches are in higher demand. This makes them a more valuable timepiece is worth. With a bit of research on Australian watch-selling sites, you can easily find out which watch brands are currently in high demand.
Condition
If your watch is in excellent condition and has been regularly serviced, you will have a reasonable resale price compared to if it's damaged. Another factor that increases the resale value is the watch's overall completeness. If these watches have boxes and papers, you can sell them as a complete set and make a profit.
The Celebrity Factor
Own a watch that was worn or endorsed by a celebrity? This factor can increase these watches' value, meaning you can sell them at a favourable price in the secondhand market.
Where to Sell Luxury Watches
There is no question that the best place to sell luxury watches is Luxe.It.Fwd. We are an authentic online retailer specialising in buying and selling secondhand luxury watches. You can sell pre owned Rolex or sell Tag Heuer watch with us. Name the brand, and we can handle it for you. As Australia's most trusted reseller of authentic luxury watches, we can guarantee that we can sell your items quickly and hassle-free.
Choose a Reputable Pre-Owned Luxury Watch Reseller
Looking for where to sell luxury watches? Look no further than Luxe.It.Fwd. We are the most trusted reseller of authentic watches in Australia. Our process is fast and easy. Get in touch with us today to learn more.