The auction price has reached a new high, but in fact 95% of the watches are not worth the value?
With the fate of Sotheby’s and Christie’s autumn auctions, the watch auction record reached a new high. Patek Philippe renewed the highest value of the Asian watch auction with a high price of about 20.75 million yuan, and once again won the “watch king”. For a time, whether the watch can appreciate has become a hot topic. So, is the watch suitable for investment and bring appreciation? What kind of watch can get the favor of the auction house to bring in profits? Today, let's talk about the topic of watch appreciation. 95% of watches don't hold value! I have consulted a professional with many years of sales experience to ask about the value of the watch. I did not expect that the answer is that 95% of the watches are not worthwhile! Because the watch itself is a daily necessities for wearing, it is different from pure art that is only used for appreciation such as painting, calligraphy, and sculpture. Therefore, as the usage time increases, it will inevitably depreciate rap