Elements Which Contribute To The Value Of Branded Watches

Who does not love to wear branded watches? You may say that in this era of smartphones, watches do not have a role to play. However, watches do play a significant role even though we are more habituated with our smartphones. And who says that watches are outdated in the era of internet and AI. in fact, with the changing time and evolution in technology, the watches are being designed and manufactured in such a way that they meet the standards of the technology perfectly. In other words, just like the smartphones, we have smart watches which do not just come with the features of calling and texting, rather they also feature GPS, apps calculating your heartbeats and pulses, counting your steps during workout and so on. In short, watches do play an important role even today, just as they used to play before. In fact, earlier people used to wear watches to keep track on time and today, they wear watches to keep track of almost everything. Different brands are having no stone unturned in introducing new features to their watches. The more the watch contains features and is of good quality, the more the value of the watch. You will get to know the exact value of your watch which you have purchased, if you go through the process of watch valuation.

In this article we shall be looking for some of the elements which contribute to the value of a branded watch. For instance, if you are opting for rolex valuation, you must know the elements which enhance the value of a rolex watch. You can take the help of a good valuer having experience in evaluating important assets, such as jewellery, watches, handbags and so on. There are companies like Prestige Valuations which provide you with services associated with evaluation of different assets and they provide you with valuers who have years of experience and in depth knowledge in this field.

Let us now have a look at some of the elements which contribute to the value of branded watches.

 The Originality and the Authentication of the Watch

This plays an important role in enhancing the value of the watch. If the materials used in manufacturing the watch are original, then definitely the value is going to increase. Similarly, to know the authentication of the watch, proper documents and certificates must be available with you as they ensure the high value of the watch. Apart from that original bill receipt and warranty card also help in adding credibility to the history of the watch. If you are taking your watch to the valuer for the evaluation process or if you want to auction your watch, the documents mentioned above are required, as they prove the authenticity of the watch and further help in determining the high value of the watch. Even if you have branded watches which are antique and you are taking them for the process of antique valuations, you need certain documents and certificates which prove the originality of these watches.

Materials and Craftsmanship of the Watch

Materials used in manufacturing the watch and the craftsmanship associated with it also plays a significant role in determining the value of the watch. If high and good quality materials, such as metals, stones, exotic leather straps, sapphire crystals and so on are used in manufacturing the watches, then be assured that the value of the watch is going to increase. Not just that the intricate craftsmanship also enhances the value of the watch. It is this intricate craftsmanship of the watch which enhances not just the value, but also the desirability of the watch. Just as in the process of jewellery valuations, intricate craftsmanship plays a significant role in the valuation of the watch as well.

Maintenance and Condition of the Watch

Another element which has a major role to play in the valuation of a watch is its condition and the way it is maintained. If you have a branded watch you are using for years now and is in good condition, then it is highly valuable. It should not get any wear and tear. Apart from that you need to keep its original packaging and documentation with you, if you want a value higher than the purchase value of the watch. You have to maintain your watch regularly to get a higher value from it.

Summing Up

These are some of the elements which contribute to the value of a branded watch. Apart from that the other values include, how established the brand is from where you have purchased the watch, whether it comes under the category of limited editions, whether it goes well with the current market trends and so on. These are some of the common elements which you find in other assets when it comes to the valuation process, such as handbag valuations and alike.