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| Rolex | Still number one in the Watch market. |
Location | Global , Switzerland
Trend | Designer Watches
Call it a weakness of mine but I just love looking through those high end windows of the high end watch manufacturer's when I am travelling abroad and look forward to the day I can walk into one to negotiate a sale.
It got me thinking about what makes a watch valuable. The Shoppes at the Marina Bay Sands in Singapore has a fantastic collection of top-end watch manufacturer's. (see blog entry about Singapore). Franck Muller and IWC are two of my favourite styles. Rolex has never done it for me though they obviously do for over a staggering 21% of the elite brand market.
Here is a brief snippet from one of my recent searches with accompanying chart of the top 10 watch brands by value.
Forbes magazine conducted an interview with Tim Stracke (
CEO of Chrono24) about the watch brands and models of high value.
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| Rolex | dominant in the Top 10 |
The interview was done by Ariel Adams (
aBlogToWatch)
for Forbes and he asked Tim Stracke about the high value brands on the
market, but also whether certain brands and models will retain their
value.
As shown in the above graphic, where Chronolytics supplied the Top 10
overview of the brands that received most interest by watch consumers,
you can see that the Top 10 brands take up to almost 60% of the total
interest. We could say that these brands, and particularly Rolex (with
21.16%), are brands of high value. These brands dominate the watch
market. Especially when you take into account that these numbers are
based on approx. 40 million monthly page impressions on the
Chrono24 website.
However, the other +/- 40% is to be spread over all other watch brands
that are being offered on Chrono24 (over 450 different brands).
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| Louis Moinet | Rare Watch of note. |
Rare Watches |
Louis Moinet Meteoris Watch $4.6 million - Made from
pieces
from a meteorite, asteroid and the moon. This series came in a set of
four tourbillion watches. The Tourbillon Asteroid dial features a
hand-crafted fragment of the mysterious Itqiy meteorite which formed
close to the Sun thousands of years ago before making its way to
Earth. Its spectacular black and white pattern throws into stark relief
the central silvered hour and minute hands as well as the main spring
and tourbillon escapement that are revealed by the dazzling open-work
dial architecture. Meteoris is a planetarium depicting the
entireSolar
System all represented gravitating around the Sun. A considerable
technical feat since most planetariums have previously depicted only a
limited number of planets. The Meteoris planetarium also serves as a
showcase for four stunning unique tourbillon timepieces, each featuring a
rare meteorite: Tourbillon Mars, Tourbillon Rosetta Stone, Tourbillon
Asteroid and Tourbillon Moon.
Above from Top 10 Most Expensive Watches | by
Americanlivewire
Designer Watches , Basel World Rolex, Omega , Breitling , IWC , Patek Philippe , Panerai City Information , Designer Trends -
updated April 29th 2013
