Research has suggested that as the global economy improves, the appetite for high-class accessories is soaring. The demand for pre-owned jewellery and watches has risen particularly sharply in recent years, as consumers know they can secure a high-quality accessory for a fraction of the price of a new piece. Of course, there’s always a risk attached to buying pre-loved watches, which is why you need to be savvy. William May - a specialist vintage jewellery trader that was formed in 1825 - has produced a handy infographic that guides people through the process of purchasing a pre-owned luxury timepiece.
From fluctuations in value to the condition of the watch, there are plenty of things that buyers need to take into account. Does the watch come with its original packaging and authentication papers? Is it in good condition? Can you expect to receive any warranty on your purchase? The infographic also looks at the nuances of different watch movements and explains how customers can tell they are getting a genuine Rolex or Jaeger LeCoultre watch. With so many fakes in circulation, it’s vital that buyers take the time and effort to ensure they are not unwittingly purchasing a counterfeit version of a luxury designer timepiece.
Infographic by: william-may