Written by: Luke Rottman, Founder and Executive Editor of The Watch AdviserIn part one of
"A Beginner's Guide To Investing In Vintage Watches
," I dealt with the principal aspects of vintage watch buying, such as the brands, the case materials, and the topic of how specific wristwatches have gained their industy-wide status. Today I will discuss the best sources for buying vintage watches and the significance of foresight.Where To Buy
It may seem easy at first, but buying a quality vintage watch is no walk in the park. Time and money are, without question, essential. Knowledge, if you want anything worthwhile, is imperative. Anyone can walk into a shop and purchase a vintage Rolex Datejust
for around $5,000. Fantastic! You bought yourself a Rolex
, but look at it this way: You paid $5,000, the watch is only worth half of that amount, and the most you'll possibly get for it is $1,500. It would've been a whole lot better if you had originally paid $2,000, or even less. Right? That's why auctions are the way to go.
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