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How to maintain the value of a watch collection

How to maintain the value of a watch collection

People invest in luxury watches for the pleasure of owning them and with the intention of keeping them for life, or with a view to selling for a profit at a later date. In either case there are some practical steps that you can take to maintain the value of your timepieces, or to potentially increase it.

 

Keeping the box, accessories and paperwork that came with the watch can be key. “The paperwork is particularly important as it will give an insight into the watch’s history,” says James Constantinou, founder of Prestige Pawnbrokers. “Some boxes are quite elaborate, they can even be limited edition. Links can be very expensive to replace, so keeping hold of any that are removed will be beneficial for the next owner.”

 

Read the full article here: https://economia.icaew.com/en/home-travel-and-lifestyle/how-to-maintain-the-value-of-a-watch-collection

About the Author

Prestige Pawnbrokers guarantee to immediately offer you a cash loan based on your item’s highest market value. We offer up to three times more cash than other lenders and gold buyers.

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