Several factors play in determining the long term value of a luxury watch; including brand recognition, exclusivity, availability, and the most influential factor: demand. Rolex is one of those brands that are notably in demand. Rolex has an incredible heritage, including an impressive list of celebrities and VIPs that wear and have worn Rolex watches. Rolex has a high level of recognition, is widely available, and has the right mix of ingredients that increase a Rolex value over time. Paul Newman’s Rolex Daytona, given to him by his wife Joanne Woodward while he was filming “Winning,” had an estimated value of $1 million, yet because of Paul Newman’s celebrity, his Rolex sold on October 27, 2017 for $17.8 million. Becoming the most expensive watch ever sold at auction; purchased by an anonymous telephone bidder that took just twelve minutes to sell — exceeding the record sale of a 1518 Patek Philippe in steel that sold in 2016 for $11 million.
Other luxury watches that are in high demand are:
Not all examples of these watch models will keep, or increase their value over time. It depends on the models, the demand, what has replaced a certain model and as mentioned before condition. Some examples of models that have increased in value over time are the following:
Rolex Cosmograph Daytona – 40MM, Stainless Steel Oyster Bracelet
Patek Philippe Complications Blue Dial Annual Calendar
Panerai Submersible Bronzo 47MM
Jaeger-LeCoultre Master Ultra Thin Moon, 39MM Stainless Steel and Alligator Band
Hublot Spirit of Big Bang Chronograph 42MM
Vacheron Constantin 18K Rose Gold case Overseas Automatic Silver Dial
Cartier Ballon Bleu Automatic Silver Dial
Piaget Altiplano Men’s Ultra-thin 18K Gold Watch
Audemars Piguet Royal Oak Grande Complication Automatic White Gold
If you’re in the market to Sell your Luxury watch, Regal Estate Jewelry Buyers will provide a Complimentary Appraisal
Selling your Luxury watch is easy, safe and secure. Regal Estate will provide you with the highest possible cash offer, and there is no charge for an verbal appraisal of your luxury watch.
Simply provide us with photos of your watch like the ones shown below and one of our watch experts will call you with a verbal appraisal. If you have the original box, papers or sales receipt be sure to include a photo of those as well as they will add additional value of your luxury watch.
