Smart Watch vs Luxury Watch Boca Raton
With the Apple Watch shipping in less than 2-3 weeks for most models, now is the time to ask Smart Watch or Luxury Watch? Smart watches are considered digital watches that tell the time, can browse the internet, text, and more. Luxury watches include brands like Rolex, Patek Philippe, Audemars Piguet, etc. A luxury watch is usually has a mechanical movement that is often handmade to tell the time. Smart watches use a battery and are connected to the internet to display accurate time. Having a smart watch keeps you connected with the online world wherever you go, even more so than your smart phone. So this begs the question, why buy a luxury watch Boca Raton when all they do is tell time? Will we transition into the world of smart watches that do so much more? Here are some reasons why buying a luxury watch in the digital age still makes sense.
Prove Your Worth
The one thing everyone knows about Rolex watches is they are expensive. In order to buy one you probably have a lot of money. If you want to show people that you have a lot of money without literally telling them, wearing a Rolex works. When people see a Rolex on your wrist they will know at some point you had to spend at least $5,000 to buy it, and depending on the model up to $50,000. Anyone who spends that kind of money on something that tells the time must be worth a lot.
It makes a statement when you wear a Rolex. But it’s not just Rolex’s that prove your wealth. There are many other luxury watches that people “in the know” will know are worth a lot of money. The regular Joe might not realize you are wearing a $30,000 Audemars Piguet on your wrist, but those you are trying to impress will. Other brands that people recognize based on their design include Movado, Breitling, IWC, and Panerai. These watch brands have very specific designs that define them. Wearing one of those watches will let people know who you are.
Invest
Believe it or not, buying a luxury watch Boca Raton can be a great investment. Watches are a lot like cars, except they tend to hold their value even better. It can be hard to believe because cars you actually drive around and use to transport yourself while watches just sit on your wrist and tell the time. But it’s not uncommon to buy a Rolex and actually make money on it years down the road. For example, if you bought a new Rolex Submariner 20 years ago maybe you paid $2,500. Today, you could walk into any pawn shop or jewelry store and sell it for $3,000-$4,000 easy. And if you sold it privately you would do even better. Not all high end watches hold their value like the Submariner, but many do. In fact, there are cases where a watch from the 60’s can fetch $20,000-$30,000 today and you only paid $2,000 for it then.
Also, brands like Patek Philippe are meant to be investments. They hold their value so well that within a couple years the price can go up. It’s a combination of high quality watches and limited numbers made that keep a Patek’s price high. This is true with other luxury brands but not necessarily to the degree of Patek Philippe.
Give to Your Children
An Apple Watch can be a great gift for your child. But what happens in a year when they come out with the Apple Watch 2? Do you buy him another one? When you buy a luxury watch, you are buying something that will last from generation to generation. If you go to your local jewelry store or pawn shop you will see plenty of pre-owned luxury watches for sale that are 10, 20, 30 years old. And guess what? They are all in perfect working order. A great thing about high end watches is they rarely change in design from year to year. So a Rolex Datejust made today looks almost identical to the one made 20 years ago. Usually the newer ones are updated with better features, but as far as the overall look goes, it’s usually the same.
So there you have it. Three reasons why you should buy a luxury watch rather than a smart watch. Don’t get me wrong, I think the Apple Watch is a great product, I just don’t see it overtaking the luxury watch market.