Updated: Nov 23, 2022
The secret is that watches are big business, especially for investors.
It is estimated that in 2019 watch sales reached almost $20 billion and expected to grow to $30 billion by 2025.
Of the luxury brands, Rolex sold over 800,000, last year, while Patek sold 50,000.
The used watch business is huge, with Chrono24 alone, valued at $1 billion.
So what's going on?
People have come to realize that buying a watch is a good investment.
How much is your 5 year old car worth today compared to what you paid for it?
The truth is, watches are very valuable. They are worth more than their weight in gold.
Watches are private wealth that can be handed down through the ages and enjoyed
here and now.
Here at WatchArtExchange (WAE), we have you covered.
We are not an authorized dealership that hides behind an empty slogan.
We are the real thing.
We are your complete watch company: We are the dealership that sells you the car,
we are the service center that takes care of your car,
and we are the body shop that keeps your car looking beautiful.
Unlike a car dealership, we are not here to take your money with the depreciation of your car.
We are here to help you make money from the appreciation of your collection of watches.
WatchArtExchange is in the business of helping you get the most from your watch.
We are not a reseller or a jewelry store. We are a complete watch company: buy, exchange or repair with us.
All repairs are inhouse, because we can. Can your authorized dealership say that!
The average turn-around time for an Authorized Dealer or Service Center is 6 months to 1 year, depending on work required, and that's if they know how to repair it.
Our turn-around time is usually 14 days!
Oftentimes, the manufacturer simply throws generic parts
at your watch because they can't restore your original parts, thereby bringing the authenticity of your watch into question. What you get back is a mosaic of your original watch and generic parts, essentially a Frankenwatch.
Yes, many times the actual manufacturer doesn't have the correct parts or the expertise and time to restore your watch correctly. Unbelievable!
The manufacturer makes money selling you a new watch, not restoring your old watch.
Rolex will not even attempt to repair or restore some vintage watches. It's
simply not profitable.
Our watches are priced a little more than on eBay or Chrono24, but they are worth so much more in their near new factory condition. Take a closer look for yourself. The photos don't lie.
Have a question on any watch, even if not ours, Simon will help you out with unbiased
WatchArtExchange is your best choice. We have the knowledge and the tools to keep your watch original and authentic.
Thank you for your business.