Collectors of watches spend time and money to grow their investment with these functional, wearable valuables. You want to make sure that your money is well spent. With proper care, some watches can even increase in value over time. We have put together a guide so that you may maintain the value of the watch collection you hold dear.
Prestigious Brands and Models
Spending money on a timeless design from a prestigious timepiece designer is a great way to ensure that your investment will hold its value for generations. Reputable names will have the highest quality craftsmanship along with reliable in-house movements within stylish casings and luxurious straps. Certain models will increase in value over time, especially limited quantity or discontinued collections.
Correct Storage is a Must
Your timepiece's value also depends on how you take care of them even when you are not wearing the item. Storing the watches in a dry, temperature-controlled environment will help keep humidity and dust from damaging the items. Direct sunlight can dry out leather straps and fade colors on the dials, so watches should be displayed or stored away from windows that will shine on them.
Some unusual aging can increase the value of certain watches, but it depends on the brand, model, and level of aging. It may be wise to keep the timepiece’s box as well as the other other material it comes with, as this is considered to be “a full set.”
Know Your Watch’s Limits
Many luxury watches are built to withstand a variety of environments and activities, but that does not mean that you should wear your watch in every situation. Some people may not be aware that placing your watch near a magnet can negatively affect its timekeeping abilities.
Household cleaners can hurt the precious metals or strap of your watch, so it is best to take your valuable watches off before chores. Many watches are water-resistant, but only to a certain extent. Before going diving, ensure the watch you are wearing can withstand the depths you will be swimming through.
Take Care of the Watches Value
At home cleanings with a soft cloth, gentle soap, and water will keep your watch shining between professional cleanings. Have your watch serviced every couple of years regardless if there is a known issue as it can prevent problems in the future. Keeping your watch in great shape is a number one when it comes to maintaining the value of your timepiece.
Insure Valuable Pieces
Insuring your valuables makes sure that even if the unspeakable happens and your luxury piece is stolen, then you will still be able to retain the value of the lost item. Many keep their collections in personal safes or a bank safe deposit box.
You should keep an updated record of the serial numbers and current photographs of the items in a separate location in case you need to share the information with the police or insurance companies. Luxurious items require extra security.
Allow Morgan Jewelers to Maintain Your Watches Value
Our Morgan Jewelers locations throughout the Rocky Mountain Region are ready to assist you in maintaining the value of your finely crafted timepieces. We house some of the world’s top designers and staff trained professionals who are skilled in various services. With seventeen locations across six states, find out which location is near you and stop to experience the luxury of impressive quality and superior customer service.