The “Luxury Watch Market” explores the fascinating intersection of economics and finance within the world of high-end timepieces. It investigates the factors influencing watch values, moving beyond simple aesthetics to analyze the complex economic forces at play.
Interestingly, the book highlights how globalization and emerging markets have transformed luxury watches from niche interests into mainstream investment opportunities. It also reveals that appreciation isn't solely based on brand prestige but on a mix of supply, demand, brand strategies, and broad economic conditions.
The book's approach is analytical, providing a framework for understanding watch valuation supported by data from auction houses, surveys, and financial reports. It examines the supply side, including rarity and limited editions, and the demand side, influenced by celebrity endorsements and collector communities.
The book then progresses to discuss investment strategies and risk management. By combining quantitative research with expert insights, “Luxury Watch Market” offers readers a balanced perspective on this unique asset class.