Ever thought of buying a luxury watch and perhaps dressing like James Bond? The prices can test one’s finances when it comes to buying one.
Consider for a moment the average rate on a US National scale runs at $44,564 per year on a 40-hour workweek. This means a luxury watch may cost at an amount equal to 6.7% of the annual income before taxes, with prices ranging from $1000 and going as much as $40,000.
They’re that expensive. Luxury watches draw people in with its intricate creation, attention to detail, and its subtlety.
But, getting even the cheapest luxury watch can prove to be both a great investment and a worthwhile item to have. Pawning one, for example, could help you out of a financial bind one day.
Are luxury watches worth every penny spent? Yes, they are. Here are some reasons why:
1. Luxury Watches Exude Quality
The factor that distinguishes luxury watches from regular watches is quality.
This encompasses the quality in both materials and craftsmanship. Most of these watches use gold and precious stones. each done with incredible precision and fine attention to detail.
These timepieces are not only viewed as luxury items and jewelry. They also deliver in virtue of their design: timekeeping.
Low-priced watches are, at most, mass-produced. While they come out in quantity, they possess a low-quality build, making them more likely to break down after some time.
When you compare them to the most expensive watch brands, you are looking at a functional work of art. The components of a luxury watch need skilled artisans to craft them. They follow high standards, hence the long period to complete them.
For instance, consider the timepieces from the company Patek Philippe. These are so intricate that the manufacturing takes up to 10 months for basic pieces. The more complex models need a manufacturing time of up to two years.
The advantage in this is that the watch can last for decades. All it needs is a minor tune-up every two years.
2. Worthwhile Investment
Luxury watches hold a worthwhile investment as a functional piece of jewelry. Mentioned earlier was the fact that a luxury timepiece can last for decades. This is due to its quality and craftsmanship.
It’s true that it lasts longer when it comes to function. On top of that, the materials used in crafting it also increase in value over time.
When you look at gold, the price it holds in the market continues to increase over time. At present, it runs at $1,309 per ounce and shows a generally upward trend as the years pass.
Aside from the materials and craftsmanship, there is one other factor to its high price. The brand of the watch. There’s no denying you could fetch a high amount if you ever decide to pawn these watches for some quick cash.
A prestigious brand name, such as Rolex or Omega, would appeal so much to watch collectors. It is this appeal that would have them spend thousands of dollars to have it without any hesitation.
3. Subtle Sign of Wealth
Attending a party and you want to dress in style? Luxury watches are a subtle way to flash your financial power.
The more expensive a jewelry piece is, the bigger the impression of wealth. It’s the same case with luxury watches, albeit a bit more subtle.
When wearing a luxury watch, people with attention to detail and luxury would notice you as a person of distinction. This jives well with tasteful clothing choices like business suits and tuxedos. It also works for semi-formal wear during casual events.
This is why famous fictional characters like James Bond only wear luxury watches. In the movie Casino Royale, the titular character points out that his watch is an Omega luxury item.
4. A Fitting Commemorative Gift
Poignant moments call for poignant gifts to commemorate something of great importance. With that said, a men’s luxury watch fits well in such moments. These could be a graduation, a birthday, a promotion, or a birthday.
Using such an intricate timepiece as a commemorative adds a different kind of value to it. On top of what it has in its quality of craftsmanship and market value, it also becomes a memorable watch that brings one back to those moments.
Luxury watches can withstand the time that it may last up to a lifetime. Compare this to other gifts, like cars or top quality clothing, which eventually wear out. As mentioned, watches increases in value as time goes by, making them a gift that gets better as the recipient gets older.
5. Perfect Heirloom
Now that we mentioned its quality and longevity, it also shows that a men’s luxury watch fits well as the perfect family heirloom. You’re investing in both a quality item and a family tradition that should last generations.
Look at this scenario, imagine a boy who has come of age to wear his father’s watch. On top of that, the watch was previously worn by the boy’s grandfather. By wearing the watch, it brings sentiment to the timepiece.
When you put it in that light, a luxury timepiece gains a greater significance. Both to you and future generations. Even the cheapest one becomes the best entry-level luxury watch.
Since watches get better with time, the luxury watch you give will only grow in value with each generation it gets passed down to. By the time it reaches your grandchildren or their children, it could become a priceless piece of jewelry.
Reward Yourself With A Long-Lasting Gift!
Luxury watches stands out more for its longevity and intricacy. Owning one for yourself not only shows that you have a reliable timepiece on your wrist, but you are also wearing a work of art and a valuable treasure.
Consider getting one today and have something that can last you more than a lifetime.
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