Time and again movies and mainstream media have highlighted the use of luxurious prestigious brand watches as collaterals for high-roller bets. In the finance market, these have a high-status symbol and also high worth. If you own a pair of them, you are supposed to carry them for sure, as a risk-basis guarantor. This is where luxury collectible watches from Panerai, Omega, Patek Philippe, and many such brands come to our mind. Today, we take a look at some of these collectibles from a subjective point of view.
Rolex, is one such brand, offers its ‘Submariner’ brand that goes as a classic watch. Arguably, it is the most celebrated and has been dressed by famous celebrities from Steve McQueen and Robert Redford to Sir Roger Moore. Then, you have something less heard of, the Blancpain Fifty Fathoms. From 1953, it has a strong Swiss history. Then, you come across the Omega Seamaster, again a mariner watch. Its Moonwatch version was strapped around the wrists of Buzz Aldrin and Neil Armstrong when they set foot on the moon. Stories and legends like these make a watch brand collectible, luxurious, and above par with other brands. A rich history in chronograph movements and design of timepieces make them so expensive, and worth using as collaterals in the high-stake financial market. Here is an infographic that helps explain some of it.
In the above chart, we can see how the top brands have persistently stayed at the charts over a long period of time. It shows the current rankings of the world’s most luxurious watches. It is so much that they have been projected with certain fixed rates as we go into the next decade. For example, below are two of Rolex’s top lines of watches that are projected to have staggering price tags in 2030.
|Grandmaster Chime Ref. 6300A
Explorer and Cosmograph are supposed to clock a very high price tag in the future. The above chart shows their prices in Pounds, Euros, and Dollars. While Patek Phillippe’s Grandmaster Chime seems to have an enormous price tag as well. From the above chart, we can figure that this watch is on the top for a reason, and why its price is so high that it can be a big money-maker in the future market.
One thing to note is that these watches do not include the rare collectible watches that come with sapphires or precious stones and are limited. These are watches that are sold commercially and are equally viable as a collection and wearing on a daily basis. Except, these are very special niche watches. The mariner watches are rated for up to 300 meters of depth while others are rated for magnetic non-interference, and anti-gravity watches. There is a special talent for them, and that makes them unique and expensive.
Clearly, the below trend shows the best future-proof watches you can invest in today, for a high-stake betting collateral tomorrow.
In all its glory, whether it’s Bill Gates Casio or Ulysse Nardin of Bezos, there is something worth collecting and investing.