Something between £1.5-3k that will appreciate?
Something between £1.5-3k that will appreciate?
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Discussion

goldar

Original Poster:

550 posts

43 months

Friday 2nd September 2022
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I'm looking for a watch that's between 1.5-3k that will appreciate in value. I don't mind buying used. What would you recommend?

Jamescrs

5,751 posts

86 months

Friday 2nd September 2022
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There isn't one.

Even the hallowed Rolex are dropping in value now.

Best putting your money elsewhere if you want yo invest it.

matjk

1,112 posts

161 months

Friday 2nd September 2022
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If you have a time machine pop back to 1994 and grab a Rolex Submariner for 2-3k. If you don’t you’ve picked a really bad time to “invest” in watches as we seem to be just going over the peak and down the other side.

Caddyshack

13,547 posts

227 months

Friday 2nd September 2022
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It is always hard to pick any product for 1-3k that will appreciate in value. You may find things that have previously appreciated that MAY appreciate in value but there is no certainty.

Through lock down people were going mad for 2 stroke 125 motorbikes, I saw many, many adverts for bikes saying "prices only going one way" etc….they have gone down in value since then.

If you hear of something going up in value then you have normally missed the boat. There is a saying in investments ‘the sheep get slaughtered’

richthebike

1,753 posts

158 months

Saturday 3rd September 2022
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Whilst I don’t think you can predict these things and I certainly wouldn’t be buying watches just as an investment, there are probably some watches that present a better punt than others if you were so inclined.

Niche and limited run basically. Think Ming or Kurono, perhaps some of the G Shocks. I guess I did alright on paper from my Casquette, but that’s not getting sold.

Stunters

617 posts

215 months

Saturday 3rd September 2022
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richthebike said:
Whilst I don’t think you can predict these things and I certainly wouldn’t be buying watches just as an investment, there are probably some watches that present a better punt than others if you were so inclined.

Niche and limited run basically. Think Ming or Kurono, perhaps some of the G Shocks. I guess I did alright on paper from my Casquette, but that’s not getting sold.
I iagree with the good advice that Rich has given here.

But first, I would ask yourself what style, colour and size of watch you would actually like to wear. For example, that might be a diver's watch with a blue face of between 40-42mm in case width and no more than 13mm in case depth. Or it might be a bicompax chronograph with a silver dial and no more than 40mm in case width. Or it might be a dressier watch with an interesting but more minimalist dial (you get the idea),

After deciding what kind of watch you would actually like to wear, Then seek out the sort of brands that sell them in those price ranges and take a punt on their future value. At least that way you will own a watch that you like and which might appreciate, rather than just £1500 to £3000 of potential watch investment.

Ming is a very good shout if you like their watches. I would also point you in the direction of limited edition watches from Christopher Ward, and Farer, if you like some of their models. They may not go up much (if at all) but you won't lose much either and you'll have a very well-made watch for the money.

A limited edition Nomos might be another shout. At the top end of your potential budget, I doubt you will go too far wrong with a Tudor Black Bay 58 either, but they are a much more obvious choice if you know what I mean. I think they are nice though and good value for what you get.

troc

4,037 posts

196 months

Saturday 3rd September 2022
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At that price, you either need to look at some limited eduction or fashionable g-shocks or, as has been said, a limited edition from nomos or stowa or something. Or maybe a Tudor. However, unless you are extremely lucky with your guesses regarding g-shocks and don’t actually wear your Tudor, you won’t really make anything.

Watches are not a sensible item to invest in. Especially not at the lower end of the market - with the exception again of some of the g-shocks but you are relying on them remaining fashionable. Which they won’t.

Put the cash into ISAs or something, pay off some mortgage or buy a watch to wear they you like. Unless you have the cash to buy something from Rolex, PP, VC, JLC etc where they always go up in retail price by 5-15% a year, you are on a hiding to nothing. There was an insane Rolex bubble during covid. It’s popping now.

Watches are a hobby. Not an investment.

IknowJoseph

552 posts

161 months

Saturday 3rd September 2022
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Spend the money traveling about trying to find a MoonSwatch?

Stunters

617 posts

215 months

Saturday 3rd September 2022
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IknowJoseph said:
Spend the money traveling about trying to find a MoonSwatch?
Nice!
The OP did say 'appreciate' though biggrin. They might spend £1000 trying to buy a ~£200 watch!

Seriously, if I had £1500 to £3000 and wanted to buy something shiny as an investment, I would buy as many of this year's gold bullion sovereign coin that my budget would allow. And then spend the remainder of my budget on a watch I liked.

Hugo Stiglitz

40,406 posts

232 months

Saturday 3rd September 2022
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Jamescrs said:
There isn't one.

Even the hallowed Rolex are dropping in value now.

Best putting your money elsewhere if you want yo invest it.
Really? I've always wanted one but couldn't afford sadly.

Somebody

1,582 posts

104 months

Saturday 3rd September 2022
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Not within the quoted range but at £3,090, I reckon the only watch that won't depreciate is the Horrids Tudor Black Bay.

Put your name down for one?

Rumour has it that they will stop selling once they reach 10,000.

jm8403

2,515 posts

46 months

Saturday 3rd September 2022
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Somebody said:
Not within the quoted range but at £3,090, I reckon the only watch that won't depreciate is the Horrids Tudor Black Bay.

Put your name down for one?

Rumour has it that they will stop selling once they reach 10,000.
https://www.harrods.com/en-gb/shopping/tudor-black-bay-harrods-exclusive-steel-automatic-watch-41mm-16318774
Avail in store.

darreni

4,311 posts

291 months

Sunday 4th September 2022
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Why does everyone want every purchase to appreciate. Buy what you like, if it holds its value, well done.

Barchettaman

7,060 posts

153 months

Sunday 4th September 2022
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Buy all 9 (or is it 10?) moonswatches and sell them as a set.

Should be fun!

Alternatively trawl the flea markets, charity shops and car boot sales, see if you can find an automatic watch that someone has mislabelled. It worked for this chap:

https://nypost.com/2015/02/19/bargain-buyer-hits-j...

sandman77

3,053 posts

159 months

Sunday 4th September 2022
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jm8403 said:
Does anyone know how long the wait would be to get one of these?

liner33

10,861 posts

223 months

Sunday 4th September 2022
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I'd buy a Omega Seamaster 2531-80



I've been watching the prices rise on these for a while , not that long ago they were £1200 for a nice one but as nice ones become rarer the price will only go one way


https://www.watchmaster.com/en/omega/seamaster-300...

Somebody

1,582 posts

104 months

Sunday 4th September 2022
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sandman77 said:
Does anyone know how long the wait would be to get one of these?
6 to 9 months

bazza.

790 posts

113 months

Monday 5th September 2022
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I'd go for this myself


jm8403

2,515 posts

46 months

Monday 5th September 2022
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bazza. said:
I'd go for this myself

How about this one? Not as good? https://www.chisholmhunter.co.uk/pre-owned-pequign...

bazza.

790 posts

113 months

Monday 5th September 2022
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There is a used one here for £2280

https://www.chrono24.co.uk/pequignet/9080433cg-908...

Ps here is a review I made of the watch

https://youtu.be/Pro9sJUPttM

Edited by bazza. on Monday 5th September 19:36