Luxury Timepiece Buying Guide

Fellow followers, whilst travelling we have been meeting quite a few fellow luxury gentlemen and gentlewomen who asked us the same question: “how do I go about buying my first timepiece?”.

Rolex Submariner

In this article, we will be going through some of the basic steps to buying a luxury watch. This is a quick and easy timepiece buying guide. If you are in the market for a new luxury watch or a pre-owned timepiece, the basic guide to buying your first timepiece remains the same.

1. Budget

Firstly and foremost, your budget is the most important part to starting your journey. Timepiece prices range greatly so knowing your budget before getting into the research phase is very important, more importantly once decided stick to it. A good Swiss watch can range from as little as £500 and up to £5M! You can read our article on luxury watches.

2. Research

Once your budget is fixed, the second phase is the research. When you delve into the world of timepieces, you will quickly notice that there are multiple places from which you will be able to purchase your first timepiece. There are official retailers, second hand dealers and more and more online retailers.

Watchfinder store

A word of caution, we would recommend reading reviews of the places that you are planning on visiting buying your timepiece from as this is one of the best methods to find out if that dealer is genuine. You can read a good article that can help avoiding buying a fake watch.

3. Investment

A luxury timepiece is somewhat similar to buying a car. It is an expensive purchase that carries a price tag but also holds a sentimental value to the owner.

As with any form of investment, you will want to take care of your first timepiece. Insurance is a good start, as there are many brokers out there offering good deals. It is important to note that usual home insurance doesn’t necessarily covers luxury timepieces.

4. Warranty & Aftercare

One of the most important factors to take into consideration when looking at buying your first timepiece, if pre-owned, is whether it is still under manufacturer guaranty. Because of amounts of money involved in luxury watches, many resellers offer their own watch guaranty, but double check what this covers!

Another point to think about is the aftercare. A bit like a car, a luxury timepiece has many complicated movements that need to be regularly checked to see that everything is working correctly. Brands recommend servicing your watch every three to five years to make sure that everything is running smoothly.

Rolex Submariner Aftercare5. Water Resistance

One aspect that seems to confuse potential first time watch buyers is the numbers on the dial describing the watch’s water resistance. Here is a quick recap, but if you want to learn more here is a good article:

  • 30 metres water resistance will repel rain, but shouldn’t be submerged in water.
  • 50 metres water resistance can be worn for swimming
  • 100 metres for snorkelling
  • 200 metres for more extreme water sports.
  •  500 metres water resistance for water diving, although those specially designed for professional SCUBA diving might come with 1000 metres or more on the dial

Rolex-Deepsea-16660-D-Blue_7046

6. Purchasing

Once you have finally decided your budget, whether you want a new or pre-owned timepiece and decided from which retailer you want to purchase from, it doesn’t end there!

Handing over a considerable amount of money for your first timepiece is no laughing matter. Every time piece is unique and even within a specific model, a year compared to another one, there could be minor changes which changes the timepiece.

It’s always worth trying before buying. Most establishments are happy for you to call and make an appointment so as you don’t feel rushed into committing.

 

In conclusion, buying your first timepiece is much like a journey on which you can learn a lot whilst making a sound investment. If you have any questions please do email us or get in touch on Twitter/Facebook and we will be happy to help you fellows out.

Introducing Watchfinder

Gentlemen and fellow followers,

 

We joined our fellows from Watchfinder on Thursday for a very special event at their boutique at The Royal Exchange in Bank. The master class brought together like minded gentlemen and gentlewomen to discuss the latest trends in the luxury watch industry.

Watchfinder Reader Event

We had the opportunity to meet the team from the Watchfinder at the event, who were kind enough to share with us their points of views on the watch industry and news about their new edition of the Watchmag (you can download their app here) . We also had the chance to see one of their watchmakers showcasing their art.

 

If you fellows are in the market and are looking to purchase a new timepiece or currently in the research phase, we would recommend you getting in touch with the gentlemen from Watchfinder. We came by the fellows from Watchfinder during our research for our first timepiece.

Rolex GMT Master

We opted for the classical Rolex Submariner Datejust for a few reasons. We were really interested by the history behind the Rolex Submariner. Designed for diving (up to 300m) by Rolex, the Submariner is known for its high quality, water resistance and corrosion. With the summer coming up, we thought it best to procure ourselves a luxury watch that would resist sea water.

Rolex Submariner

Another reason is that the Rolex Submariner is a good entry level timepiece for the fellows entering the luxury watch ladder. It won’t lose value over time and it could help with your next luxury timepiece acquisition. Our fellows at Watchfinder can help you with your upgrade since their moto is “Pre-owned Uncompromised”.

 

So Gentlemen, if you are interested in learning more about the latest trends in the luxury watch industry download their app here. If you are also looking to purchase your next luxury timepiece then visit our fellows at Watchfinder.

Most Expensive Luxury Watches

Gentlemen and fellow followers,

 

For most of us pay day has just arrived and for some of our fellows, Q2 bonuses are just around the corner. With these in mind, we thought it would be a good time to showcase a few interesting luxury watches. As some of your gentlemen will agree, a watch is much more than just an item that gives you the time.

Hublot Big Bang Steel Ceramic 44mm

Hublot Big Bang Steel Ceramic 44mm – £13,700

A personal favourite of Luxurymenblog is the Hublot Big Bang Steel Ceramic 44mm. The Swiss manufacturer is renowned for their “art of fusion” of different material combinations. This is the entry level watch in terms of price, but it does portrait a sense of edginess and stylish feel when worn. The combination of steel and ceramic gives the timepiece an extra sense of luxury. The movement is Hublot’s Self Winding Chronograph movement.

 

Patek Philippe 2526

Patek Philippe 2526 – £26,900

For our fellows who prefer the more classic timpiece, the Patek Philippe 2526 is a safe choice. Originally introduced in the 1950s, it was Patek’s first automatic movement which is considered an iconic watch by many collectors. The 18K gold case and porcelain dial offers something different to us fellow gentlemen. Only 600 2526 timepieces were created by Patek Philippe, making this watch quite rare.

 

If these two previous timepieces were indeed on the lower end of the spectrum in terms of price, the following timepieces are for the gentlemen who have some spare money to spend from their left over bonus.

LOUIS MOINET METEORIS WATCH

Louis Moinet Meteoris Watch ~ Price £2,760,000

The third most expensive timepiece in the world, the Louis Moinet Meteoris watch. The collection is comprised of 4 models, including Tourbillion Mars, Tourbillon Moon, Tourbillion Rosetta Stone and the Tourbillion Asteroid. Each timepiece features a rare piece of meteorite making each piece unique. Our personal favourite is the Tourbillion Mars, not only for the look but because the piece has a 180M piece of meteorite featuring in it as well as the tourbillion movement.

 

 PATEK PHILIPPE – HENRY GRAVES – POCKET WATCH

Patek Philippe – Henry Graves – Pocket Watch ~ Price: £6,600,000

Fellows, we are now entering a different league of gentlemen. The special pocket watch produced by Patek Philippe for the famous American banker Henry Graves. Being the second most expensive timepiece in the World the Patek Philippe Henry Graves Pocket Watch is by far a super rich timepiece. The watchmakers took 5 years to complete the timepiece in 1933 and boasts 24 different movements and is 18K gold. A very interesting timepiece as it has history behind it.

So Gentlemen, which would you pick?