Top 5 Pre-Owned Luxury Watch Brands to Invest In 2024
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Demand for luxury watches is based on their design, craftsmanship, and availability in the market. Market trends may change from time to time, and therefore, buyers need to evaluate the brands that hold longer value when thinking of investing in pre-owned luxury watches.
Based on market indicators, here are the top five pre-owned luxury watch brands buyers may consider for 2024:
1. Rolex: This Swiss watch that first hit the market in 1905 is known for its elegance, reliability, and perfection. All the components are manufactured in-house, and the use of corrosion-proof steel makes the Rolex timepieces unique. For beginners, the iconic Datejust with automatic movement, oyster bracelet, and stainless steel crown may be a good choice. The models much sought after are Submariner and Daytona.
2. Patek Philippe: This is one of the oldest Swiss watch brands made by a family-owned independent watchmaker in Geneva. This is a favorite of celebrities. They are known for their complex movements and exquisite craftsmanship. They introduced many new features, such as a perpetual calendar and minute repeater. As they produce only a limited number of watches, Patek Philippe is always in great demand.
3. Audemars Piguet: The watches are popular because of their ground-breaking designs, skilled craftsmanship, and intricate complications. The Royal Oak model, the first stainless steel luxury sports watch, has a distinctive octagonal bezel. This family-owned watch company has a rich history of watchmaking dating back to 1875. Premium materials used, such as 18k gold and platinum, add to its uniqueness. As only a limited number of watches are made every year, the watches are in great demand in primary and pre-owned markets.
4. Omega: This is one of the oldest Swiss watches, having been founded in Geneva in 1848, and from 1932 onwards, it has the unique distinction of being the official timekeeper of the Olympics. The movements Calibre 1120 and 861 are considered masterpieces by horologists. Omega Speedmaster has the reputation of taking the Apollo 11 mission. It is also the favorite of James Bond.
5. Cartier: Cartier started production in 1847 in France, and some of its models, such as the Ballon Bleu, Santos, and Tank, are known for their iconic shapes and elegant lines. It is also sought after by celebrities, including Jackie Kennedy and Kate Middleton. The Cartier Tank produced during World War I is one of its famous models.
Prices have started cooling off after a major bull run for major pre-owned luxury watch brands such as Audemars Piguet, Patek Philippe, and Rolex. This is due to a number of factors, including interest rates, and therefore considered the right time for buying.
Haute Horologe is Dubai’s favorite shopping destination for preowned luxury watches and known for its genuineness, authenticity, and quality customer care. Leading watch brands, including Rolex, Audemars Piguet, Hublot, and others, can be inspected and purchased online or at a shop.