Rare and limited-edition, high-end vintage watches could follow bitcoin's path and become a growth opportunity for investors, offering a novel way to diversify their portfolios. Some models by the most well known makers, Patek Philippe, Omega and Rolex have substantially gained in value in recent years thanks to a growing, mostly male, market. The rise of cryptocurrencies has also been accompanied by an increase in interest from investors who are looking for ways to make money off digital assets. However, analysts warned investing in vintage watches was a costly exercise, and demand in the sector had yet to be tested against major economic shocks.
Rare and limited-edition, high-end vintage watches could follow bitcoin's path and become a growth opportunity for investors, offering a novel way to diversify their portfolios. Some models by the most well known makers, Patek Philippe, Omega and Rolex have substantially gained in value in recent years thanks to a growing, mostly male, market. Sports watches in steel like the Rolex Submariner and the Paul Newman Daytona as well as Omega's Speedmaster showing substantial increases in value. However, analysts warned investing in vintage watches was a costly exercise, and demand in the sector had yet to be tested against major economic shocks.