Why Are Luxury Watches So Expensive
Why are luxury watches expensive? After all, they’re just accessories, right? Wrong. Let’s look closer at why luxury watches command such a high price tag – and why they remain so coveted.
The world of luxury watches is one of unparalleled craftsmanship, exquisite materials, and dedication to quality. Many people will agree that owning a luxury piece made by some of the finest watchmakers is special.
The Craftsmanship Behind Luxury Watches
When you think of luxury watches, you think of luxurious materials and exquisite craftsmanship—but why? It is well known that luxury watches can and will break the bank. But what exactly makes them so expensive?
The answer is, quite simply, the craftsmanship behind them. All watches classed as luxury are made only using the best and the finest materials. This means that the production needs enormous attention to detail.
Each component must be precisely engineered and tested, often by hand. This meticulous work requires expensive tools and expert watchmakers—all of which drive up the cost of production.
Material Quality & Durability
When it comes to luxury watches, the material quality and engineering mean they last longer than your average watch. Some of the most common high-end materials used to make luxury watches include, but are not limited to, stainless steel, gold, and platinum.
The material used to make luxury watches is more durable compared to their budget counterparts. This allows them to last longer without losing their spark and beauty, even after years of wear and tear.
The craftsmanship that goes into luxury watches is also a major factor in the cost, as they require highly skilled workers to delicately construct all of their complex parts. Because of the specialized machinery and levels of expertise needed to create them, luxury watches are much more expensive than other timepieces.
Brand Reputation & Rarity
One of the biggest reasons luxury watches are so expensive is their brand reputation and rarity. When it comes to luxury watches, many feature intricate craftsmanship made by hand with materials that are difficult to source and manufacture.
This makes these highly sought-after products much rarer than mass-produced watches. Additionally, the brand name plays a huge role in determining value.
Many watchmakers who have made their mark by making luxury watches have been known to be one of a kind, and their work is considered art passed from maker to apprentice. Their reputation for quality and craftsmanship put a few extra zeros on the watch’s price tag. Many of these names have been around for centuries, making them synonymous with luxury and status symbols.
Quality Control & Testing
You will always get your money’s worth in the luxury watch design and assembly process. This is because the processes involved in making the watch all have to go through quality control and testing, a specialization of the designers and engineers behind the scenes, ensuring that everything about their products is done with only one goal—producing the perfect watch.
The assurance of quality begins as soon as each part is crafted, as each component of a watch must be tested numerous times before being assembled once by a skilled watchmaker.
Everything from the tritium compounds used on hands and hour markers to waterproofing tests and accuracy checks conducted with advanced machines must be certified before they meet luxury standards. If you are interested in selling your watch we can help.