Top 5 Investment Watches to Buy in 2024
Investing in luxury watches is more than just a passion—it can also be a smart financial decision. Over the years, certain high-end timepieces have not only retained their value but have also appreciated significantly, making them sought-after assets for collectors and investors alike. As we enter 2024, several watches from prestigious brands such as Rolex, Patek Philippe, Audemars Piguet, and Richard Mille stand out as potential winners in the investment world.
Here’s a curated list of the top 5 investment watches to consider in 2024, whether you’re a seasoned collector or just beginning your journey in the world of luxury horology.
1. Rolex Submariner (Reference 126610LV)
When it comes to investment watches, Rolex is often the first name that comes to mind, and with good reason. Rolex watches have a proven track record of increasing in value, and the Submariner is no exception. The Rolex Submariner Reference 126610LV, also known as the "Kermit," features a black dial with a striking green ceramic bezel. This model, which celebrates the Submariner's 70th anniversary, is a modern classic.
Rolex’s limited production and consistently high demand for the Submariner series make this watch a solid investment. Over the years, the Submariner’s value has steadily increased, and with its timeless design and legendary reliability, it’s expected to continue this trend in 2024 and beyond.
2. Patek Philippe Nautilus 5711/1A-014
The Patek Philippe Nautilus is one of the most iconic luxury sports watches in the world, and the Nautilus 5711/1A-014 with the green dial is particularly special. Released as a limited production model, this version of the Nautilus created a stir when Patek Philippe announced it would be discontinued, driving up both demand and value.
The green dial Nautilus is highly sought after and has become a grail piece for many collectors. Its scarcity combined with Patek Philippe's unmatched craftsmanship means this watch will continue to appreciate in value, making it an excellent choice for investors looking to add a rare and valuable piece to their collection.
3. Audemars Piguet Royal Oak "Jumbo" Extra-Thin (Reference 16202ST)
Audemars Piguet’s Royal Oak is another legendary timepiece, and the Royal Oak "Jumbo" Extra-Thin Reference 16202ST is one of the most desirable models for 2024. This particular model pays tribute to the original Royal Oak design from 1972, featuring the iconic octagonal bezel and a stunning blue "Petite Tapisserie" dial. With a new movement (Caliber 7121) and the same ultra-thin profile that collectors love, this watch is the perfect blend of heritage and modernity.
The Royal Oak’s limited availability and continuous demand have historically pushed its value upwards, and this model is expected to follow the same path. If you’re looking for an investment piece that combines timeless style with financial potential, the Royal Oak "Jumbo" is a prime candidate.
4. Richard Mille RM 11-03 Automatic Flyback Chronograph
For those who favor avant-garde design and cutting-edge technology, Richard Mille is a brand that continues to disrupt the luxury watch market. The RM 11-03 Automatic Flyback Chronograph is a standout piece, combining technical innovation with a bold, modern aesthetic. Its skeletonized movement, housed in a titanium case, offers a glimpse into the complex inner workings of the watch, while the flyback chronograph function highlights Richard Mille’s dedication to precision.
Richard Mille’s watches are produced in very limited quantities, and their unique approach to design has made them incredibly desirable among collectors. The RM 11-03, in particular, has shown strong resale value, and with its continued popularity, it’s a solid choice for those looking to invest in a watch that’s both visually striking and financially rewarding.
5. Omega Speedmaster Professional "Moonwatch" (Sapphire Sandwich)
While Omega may not carry the same immediate financial reputation as Rolex or Patek Philippe, the Speedmaster Professional "Moonwatch" is an exception. Known for its historical connection to NASA and the Apollo missions, the Speedmaster holds a special place in horological history. The Sapphire Sandwich version, which features a sapphire crystal on both the front and back, offers a modern take on this classic design while showcasing its impressive movement.
The Speedmaster is one of the few watches that have consistently appreciated in value over the years, thanks to its iconic status and limited production runs of special editions. In 2024, this model remains a strong contender for investment, especially given its historical significance and enduring appeal to both collectors and watch enthusiasts.
Why Invest in Luxury Watches?
Luxury watches are not only timeless accessories but also valuable assets that can serve as long-term investments. Brands like Rolex, Patek Philippe, and Audemars Piguet have established a track record of producing watches that hold or even increase in value over time, making them attractive to both collectors and investors. Factors such as limited production, craftsmanship, brand heritage, and demand all play a role in determining the investment potential of a watch.
In addition, watches offer a tangible asset that can diversify an investment portfolio. Unlike stocks or cryptocurrencies, a luxury watch can be worn and enjoyed while still appreciating in value. For those looking to combine passion with profitability, luxury watches are an excellent choice.
Investing Wisely in 2024
As the market for luxury watches continues to evolve, the right timepiece can offer both aesthetic satisfaction and significant financial returns. In 2024, watches like the Rolex Submariner, Patek Philippe Nautilus, and Richard Mille RM 11-03 are set to be top choices for investors looking to capitalize on the increasing demand for rare and exclusive timepieces.
At Styleout Watches, we specialize in offering the finest selection of high-tier luxury watches in Dubai. Whether you’re looking to expand your collection or make a strategic investment, our team can guide you in choosing the perfect timepiece. Contact us today to discover the best investment watches available this year and secure a valuable addition to your portfolio.