Purchasing a luxury vintage watch can be a major investment, and it’s a decision that requires plenty of research and thought.
Whether you are an experienced watch collector or simply looking to purchase a luxury vintage timepiece for sentimental value, there are a few important guidelines to consider before you make a purchase.
Check out our 3 considerations for buying a vintage watch below:
1. Have you done your homework?
Buying a luxury vintage timepiece can be as big of a decision as buying a car – there are a lot of places to purchase one, but how do you know you’re getting the best deal or making the right decision without doing a little research first? Before even stepping foot in a store or completing a purchase online, make sure you have educated yourself about the watch you’re planning to buy. Once you have selected the make and model, check out different websites about the brand you’re looking at. There’s a ton of literature online about collecting specific watch brands, chronographs, diving watches, iconic watches and the list goes on. Check out different vintage watch dealers and see what the make and model of the watch you’re looking at is selling for on different sites. And always pay special attention to detail – in collectable vintage watches, the value lies in the original components like the dial, bezels, bands and case. Especially when you’re looking at luxury brands like Rolex or Patek, these slight variances can be the difference in spending thousands of dollars.
2. Can you trust the seller?
It’s tempting to make impulse purchases or buy something with a price tag that sounds too good to be true. In the case of luxury and collectable vintage watches, always air on the side of caution. Read reviews, research the retailer and go with your gut. If it seems too good to be true, then it probably is. On the other hand, you don’t want to pay too much for a watch that isn’t worth that value. Always go with a trusted seller – a watch dealer with a website and solid reputation. And before making a purchase, ask about their return policy or warranties.
3. Is the watch in working order?
While a very vintage timepiece will most likely not have its original box and papers, it is important that you have assurance that the watch is in good and working order. A luxury vintage watch that is in need of spare parts can take a lot of time and money to restore. Always ask for some sort of proof that the watch has been serviced by a trained technician and check that it actually works.
Luxury vintage watches can be valuable investments, they tell a story and have a history. To ensure complete satisfaction, it’s important to do your research and learn about the timepiece you’re interested in purchasing.
All of the vintage pre - owned timepieces we offer at Daddys Watch are authentic watches that have been restored, polished and serviced to perfection by our master watch technicians. Each of these items is a "One of A kind" product that has been verified to be an original vintage of its brand. All of our items are in immaculate condition, a classic watch to be loved and passed down. Our team has sold thousands of timepieces worldwide. Buy with confidence. If you have any questions about our collection or our restoration services give us a call at 310-922-2095 and we’d be happy to help.