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Friday, June 7, 2013

On Collecting Watches as a Hobby



Patek Philippe is one of the famous brands that stand out easily, along with the likes of Rolex and Omega.  Those who love to collect watches that belong to the high-end luxury brands usually have aspire to have these brands in their collection.  The success of these brands is often attributed to the fact that famous people and celebrities all over the world are using them.   The watch face of these brands is easily recognizable and is often seen on the wrists of these famous people.

patek-philippe-collection
image credit: robbreport.com
Collecting watches can be considered one of the more expensive hobbies among people, particularly men. Some people would go insane with the prices of the watches these collectors are paying just to get their hands on hard-to-find pieces that are still in good working condition.  Of course, these watches do not come cheap, especially when the piece is still in good running condition.

Also, another factor that makes the watch expensive is the amount of effort exerted on making it.  This is why most handcrafted watches are more expensive compared to other brands that rely a lot of machines.  The Swiss are known to be artisans when it comes to watch making.   They are known to be the best there is when it comes to producing these precision instruments.  It is this expertise and extensive knowledge that people pay for when they get one-of-a-kind high end and handmade Swisswatches like Patek Philippe.

Aside from serious watch collectors, the lure of Swiss brand extends even among common people.  The question now is, what does a watch made in Switzerland have that makes people want to have their own timepiece despite its exorbitant prices?  One common reason that can be used to explain this phenomenon is that owning the watch is considered a status symbol. These expensive brands have prestige and class, which people desire to have.  Another thing is that there is the sense of accomplishment that owning such a watch brings. Seeing the fruits of hard work on one’s wrist gives instant gratification.  Lastly, owning this kind of watch is also considered as an investment that can be easily liquidated when the need arises. The high resale value of these luxury brands is high compared to lesser-known brands.

The Patek Philippe watch is indeed one of the more preferred watches of famous people from Hollywood celebrities and A-listers to notable movers and shakers of society.  The company has been in the business for over a hundred years already, as it started in 1848.  As with any other product, the brand has also quite a number of endorsers to promote the brand even if it really does not need one.  The company was able to build up its brand well that it can already stand on its own and sell itself.  Its brand and logo has thus become recognizable all over the world.

Anyone interested in owning any luxury brand watches should check our selections at Chong Hing Jewelers. Aside from Patek Philippe, we also carry other luxury brands with competitive prices and superb customer service and reliability.  So if anyone who has money to spare and thinking of what to do with it should consider investing wisely in wearable luxury timepieces.   

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