5 reasons why watches are expensive

Wristwatches have been around for centuries and are produced in different shapes, sizes, and even colors. Each watch is designed to offer a particular function suitable for different lifestyles. However, many people wonder why watches are so expensive and often consider them too expensive.

There are many brands in the market that offer several types of watches, from basic watches to luxury watches. All of these watches have different prices which are considered cheap or very high. These watches are often worn as a fashion statement on special occasions or events. So if you are looking for trendy watches, here are the best Gucci watches for men these are great investments.

In this article, we’ll explore some of the reasons why watches are so expensive:

Development

Even though these watches are tiny and fit your wrist perfectly, they are very advanced. Now, these advanced watches often require years of research, development, and innovation that help keep a watch running smoothly.

Luxury watches take hours and hours to build a fully functioning movement, as each timepiece contains thousands of tiny parts that work together effectively. The goal is to develop a watch that is not eye-catching but also performs accurately at all times.

For example, the Grandmaster Chime took around 8 years to develop and design the watch movement which has over 1300 parts working together effortlessly. Brands are constantly trying to innovate and create intrinsic designs to meet people’s needs, so you should consider the development stage.

Goal

We know that there are several types of watches on the market that are designed for specific purposes. Some watches are specifically designed for people in areas of strong magnetism, underwater, people in combat zones, or even in space.

These watches are designed to survive the different types of environments that would normally shut down your watch. For example, quartz watches are one of the most popular watches because they are cheap, reasonable and simple, but if the temperatures were to change or become extreme, they would simply stop working.

Likewise, these professional watches are mainly suitable for people living in or involved in these particular lifestyles. This is also one of the reasons why these watches are not mass produced as the brands keep high quality control over their timepieces and because of this the prices are high.

Materials

If you are passionate about watches, you will have noticed that they are made from different types of materials. Whether it’s steel, ceramic, plastic, or other unique metals, these watches are made to appeal to all kinds of wearers from all over the world.

Most inexpensive watches are often made of plastic and considered economical to wear on a daily basis. Steel is another economical material that can be found in all kinds of watches. But when it comes to mechanical watches, they are often made of ceramic or precious metals, are exquisite watches, and come with a high price tag.

Whereas gold, silver or platinum are considered luxury watches and cost a lot of money. These watches can become even more expensive if precious stones or diamonds are added to the bezel, case and sometimes even movements. The material used to create and design your watch can play a huge role in the cost of your beautiful, sleek and stylish watch.

Limited production

Expensive or luxury watches are mostly produced in limited numbers, which means that only a few thousand or hundreds of people around the world can own one. As mentioned above, these watches require years of innovation and development to create a watch. The amount of effort and labor put into producing these watches is no easy task.

Limited edition watches are always in demand because people like to have unique watches. Some brands like Casio produce millions of watches that can be found anytime. While brands like Tissot, Rolex maintain control over quality and materials. Some brands create as few as 10 to 15 watches that only sell to a few people. Over time these watches, once sold, can help you make a huge profit.

If you like luxury watches, Patek Philippe recently announced that they are manufacture 170 special versions of Ref, 5711 to honor the partnership between Swiss watcher and Tiffany, find out here.

Craftsmanship and retail

Each brand has a team of people who are constantly looking for ways to improve the different movements they have to offer. These teams are made up of highly qualified and experienced watchmakers who fully understand how a watch works. Keep in mind that only a few people can make these very complicated watches.

Luxury brands spend a lot of money to bring these experts together as they become the basis of the timepieces sold by the brand. These experts tend to earn high salaries as they sometimes spend years designing movements, dials and cases using a variety of materials.

If you want to become a watchmaker, you will probably need a degree in watchmaking, studying watches. But the best place to learn and develop your skills is to connect with people who are already in this field.

Conclusion

These are just a few of the reasons why watches are considered expensive, but the debate is very subjective. Above all, when buying a watch, you should look for quality, craftsmanship, reliability and style.

There are many reasons why a watch can be expensive, so the best way to find out why is to compare and review different brands of watches to find out which one is right for you.

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About Robert L. Thomas

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