Fashion Zone Report: Geneva's annual watch exhibition is undoubtedly the world watches the collective appearance of the perfect moment. As immuwatch host city, Geneva has always been known to produce the world watches the world. In the May 20 Sotheby's first watch just stopped the auction, an oversized chronograph Patek Philippe was sold for 230 million dollars in high prices, which hit a Sotheby's watch auction record, to become the most expensive auction watch out.
Previously, Sotheby's has in Hong Kong, New York, have held a record at auction watch, but the Geneva was the previous record at auction again, refreshed. In this regard, the international watch industry Sotheby's vice president of global alexanderbarter that, due to market conditions that the continuous growth of the global watch market, but also that investors are sophisticated character of the strong demand for watches noble descent.
"If you start to plan for collection and investment with the purchase value of a watch, then look at some of the best brand of lock release a limited edition, or watch manufacturers introduced a special version of the watch." Xu Chen told reporters, on the investors to said that if the investment has strength, then the Vacheron Constantin, Rolex daytona series and Patek Philippe the pagoda are no doubt the only choice, "before deciding to buy the best book in advance, as these brands tend to be limited edition watches hard to get. "
It is understood that the world's most famous watch maker Cartier, Patek Philippe, Rolex, Jaeger LeCoultre, Audemars Piguet, and produced by manufacturers such as Constantine, the new season, the most expensive style watches, the price is usually several hundred thousand to several hundred thousand dollars, but Sotheby's auction of watches and other international auction, these watches are often sold for the price than the price jumped several times or more.
To Sotheby's, for example, in 1984, the Geneva auction, produced in 1953, rose gold Patek Philippe worldtime the final price of about 20,900 Swiss francs, while in 2001, as this watch the final transaction price at auction more than 175 million Swiss francs.
Similarly, a 1933 made Patek Philippe watch Rieger Sri Lanka military force, has been in the history of 11 million U.S. dollars sold for the price. It is precisely because more and more people are beginning to join the ranks of watch collections, many of them Shu Qi, Richie Jen and other show business celebrities. Richie watches in the collection of several dozen, the price of hundreds of thousands to millions from the range, in his view, a collection of watches is not just a personal hobby, or an investment in value-added tools to make their the next generation to benefit.
Collection of watches, Shu Qi, who love the watch with the words, "better than a house or watch the stock with the up and down, is a good investment."
The face of this "good investment", investors should follow the principles which to choose start? Wang Meng of China Watch Association, said Jin was introduced, from the collection and investment point of view, the most noteworthy of the conditions of the watch than the brand, age and function of these three principles.
Wang Meng Jin said, because the production of world famous brands of watches are not large, so some events for the limited edition format, relatively more collection value, and kept watch of the products is in good condition and also to determine their appreciation of the relative number of important reasons.
Geneva watches have joined the two exhibition Chen Li is a fan of the letter of the watch, although currently only have a limited edition Cartier watch, but as she was for half the professionals have their own unique collection of watches views. "And, like a car, collection of watches, it is best that you can afford to buy the best things." Chen Li to the "China Money," a reporter said that the most important, have to buy their favorite watch, "from investment point of view, antique watch is not an absolute choice, similar to the Patek Philippe also has a lot of money some form of appreciation of space. "
As Vacheron Constantin fans, Xu Chen then told reporters that the collection of watches in the choice grade, brand, limited version, and the topic of the appropriate range of movement is essential. "Investments, the brand is very important, historically sold high-priced watches are similar to the Patek Philippe,
Rolex and other brand name watches." Xu Chen said that if investors buy the watch, the best choice for Hong Kong and other places, this relative the price will be much cheaper, bought at auction for some watches, Xu Chen suggested that the best center to watch a professional clean, dust to ensure the correct travel time.
Compared to tens of millions of investment at every turn, the experts suggested that some investors just starting to try to watch select collection of components containing gold watch or a weaker degree of brand named watches, such as
Omega, Longines,
Tissot, Roamer other brands are a good choice, and that the public like swatch watches, designed to meet the master of the format should also be limited edition collection of investments.
"If there is a return on investment can be loving and phase combination, then the watch is the case." As a watch collection of enthusiasts, Xu Chen Venture Partners is very concerned about the inherent value and character watches, in his view, watch is the holder to show personal style and temperament of the unique tool, "usually a wise investment will require a longer time, expectations, watches are no exception."
