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How much does a watch cost? This is a question that has puzzled many who are looking to buy a timepiece. As an expert from the global watch community, I’ve gathered insights from experienced collectors over the years and want to share them with you.
First, when buying a watch, it’s important to have the right mindset. Don’t view a watch as a financial investment from the start. While some models may appreciate in value over time, this is rare and not the norm. Like cars, watches typically lose value after purchase. The depreciation rate depends on various factors—so if you’re curious about how much a watch might lose its value, check out second-hand markets or online platforms to see what similar models are selling for. If a watch can be resold for 20% of its original price, that’s considered good depreciation performance.
Collectors often buy watches for emotional satisfaction. Wearing a well-crafted timepiece can provide a unique and rewarding experience. If you're a serious enthusiast, and after years of collecting you decide to sell some pieces for profit, keep in mind that this requires significant upfront investment. From a business perspective, most items don't hold their value, and this rule applies to watches too.
Second, make sure the cost of your watch fits within your budget. If you can afford a new one, that's ideal. However, if you're considering resale value, set realistic expectations. Even so-called "high-end" watches tend to depreciate over time.
What matters most is whether the watch is worth the price you pay. High-quality watches usually come at a higher cost. For an entry-level Swiss mechanical watch, you might expect to spend around $500. An entry-level Swiss mechanical model could range from $1,000 to $3,000. Mid-range Swiss mechanical watches generally fall between $5,000 and $10,000.
But just because a watch costs $5,000 doesn’t guarantee it’s mid-range. In reality, in the mid-range segment, you often find watches priced between $15,000 and $30,000 that offer better design, functionality, and materials. When choosing a watch, consider all aspects: design, function, brand, and overall quality.
If you're unsure about which watch to choose, there's a common saying: “If you don’t understand the watch, whether it's valuable or not, start with a Rolex.†Of course, this is only advisable if you can afford it. (Compiled by Watch World Fu Xue Ting)