The value of a watch varies vastly and is determined by whether or not you’re on the lookout for a seasonal addition to your 2022 wardrobe or a lifelong timepiece. Whereas style watches include “decrease” costs — an Hermès watch can promote for $1,000 to $3,000 — they’re tougher and fewer profitable to promote in the long term. A Rolex within the secondhand market at present sells for as little as $1,600 however can go as much as $144,000, relying on the mannequin and materials, in line with the watch search engine WatchCharts. However whereas the fee could also be greater for the top-tier watch manufacturers, they usually promote for twice their unique worth within the secondhand market, in line with Layne. If an funding piece is what a purchaser is after, she says that on the lookout for discontinued fashions, particularly for manufacturers like Rolex, Audemars Piguet, Philippe Patek, and Richard Mille, is a sensible long-term objective due to the upper demand for them.
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