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What does the price of the watch depend on?

When it comes to watch prices, there are many factors that affects this. If you’re wondering why watches differ in price so much, this section covers this topic.

You have probably been in the situation before when you’re looking through store windows at their range of watches, only to find that the prices of two watches have such a large difference when they seem to have the same functions and features.

Now you may be thinking “why is that one more expensive when they look the same?”, but although they may seem similar, there are certain aspects that will increase the watch price.

What Affects Watch Prices?

Watch Brand Name

The fashion industry revolves around brands, and watches aren’t an exception. Watch companies can be distinguised by their history and the type of company they are.

To get a top of the range watch that has the highest quality materials, craftsmanship and provides instant designer style, you would have to go for a solely watch making brand such as TAG Heuer or Omega. They are Swiss watch making brands with a long and successful history.

On the other hand, fashion brands such as Hugo Boss and Versace are aimed directly at a designer market. Like most fashion brands nowadays, their watches are Swiss manufactured, but they usually have a lower price tag due to the fact that they aren’t as prestigious as the long running Swiss watch making brands.

Popular Japanese watch brands such as Seiko and Citizen generally have lower prices due to cheaper production, but their watches offer the latest technological features and functions.

What does the price of the watch depend on?

Watch Materials

Prices of watches increase when rarer and higher quality materials are used. Prestigious materials such as solid diamonds and gold will shoot up the prices drastically while standard high quality watch materials such as sapphire crystal certainly adds value also.

Watch Complications

If a watch has any functions other than telling the time, it is known as a complication. A watch with three or more functions is known as a grand complication. Therefore, any timepiece that holds a complication would be more expensive and the price increases according to what function it is and its level of craftsmanship.

A basic function is the standard calender (day, date & month), the chronograph function is popular and is frequently incorporated on watches and more valued functions include but is not limited to tourbillon, perpetual calender, moonphase and repeater.

Watch Movement

Mechanical, automatic, quartz and automatic quartz are the four primary movements that are used in watches. A mechanical watch is a lot more valued due to its traditional history and aesthetic qualities, but doesn’t offer the precision and capabilities more modern movements offer.

Automatic and automatic quartz watches still carry the same elements a mechanical watch has with additional capabilities therefore, they can still be expensive depending on craftsmanship and calibre level.

The low maintenence battery powered quartz movement is highly accurate but is generally less expensive because of its low cost production and its craftsmanship is not on par with other movements.

Watch Craftsmanship

The level of a watches craftmanship is evident in its movement, exterior design and complications incorporated. Skillful craftsmanship in any or all three of these departments will add value to the timepiece.

If you’re still pondering on how much to spend on a watch, just remember that quality and appearence are important factors in a timepiece.There are great value watches in all price ranges, and if you decide to spend a large sum then the watch price may be worth more over the years to come.