FANCY WATCHES

  Patek Philippe Grandmaster Chime Ref. 6300A-010 ,  which fetched 31.19 million US dollars (31,000,000 CHF) in Geneva  on November 9, 2019 (by Christie's ).

 (MAINTENANCE OF WATCHES) Watches are one the most extremely delicate accessory if not the most! watch owners must take good care of their watches because a dirty or beat up watch can have a huge impact on its resell price as it makes it decrease. This pushes the owners to take their watches for check and clean ups frequently. Also the pricier the watch the bigger the dent on the owners wallet! click this link to see how complicated maintaining a watches shape is: WATCH REPAIR VIDEO

 HOW CAN WATCHES BE AN INVESTMENT ?              some people might think of expensive watches as a 'dumb' idea or a waste of money,  but in reality buying watches is more than just an accessory worn on the wrist. Watches happen to be one of the biggest investments business men and women participate in. Most investors buy rare or in-demand watches at their market price then wait for their supply and demand statistics to increase, that way they can resell the watch for a greater price making them profit ranging from 20,000$ to even around 10 Million$. And this business strategy is called 'Flipping'

  WHAT IS AN AUCTION POST:               An auction is a sales event where in potential buyers place competitive bids on assets or services either in an open or closed format. Auctions are popular because buyers and sellers believe they will get a good deal buying or selling assets.  one of the most popular ways people sell their watches is by putting their priced goods up for auction and watch other people referred to as (buyers) place their highest bids and who ever is willing to spend the most money on the watch wins the auction 

 WHAT DO MOST OF THE PEOPLE THINK A WATCH IS?

 what is the reason after these prices?