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Are Luxury Watches Worth the Expense?

You see men and women alike wearing these time pieces that can cost the same as buying a car or even a house! In fact, the luxury watch industry produces a whopping $47.8 million in revenue with all signs pointing toward growth in the future. With such a market for these expensive pieces of jewelry decade-after-decade, there must be a reason why people desire to make an investment in their watches in the same way they would with an engagement ring, car or other large purchase. There has to be more to these high-end watches than meets the eye to warrant such a cost. Here, we will aim to pull back the veil to see what separates brands like Rolex, Patek Philippe, and Blancpain from the rest to let you decide if a luxury timepiece is worthy of its price tag and reputation.