FREE QUOTE in a minute
Whenever you think of a quality watch, the first thing that ideally comes to mind is ‘Swiss watch’.
So, what do you think the hype is really about? Why luxury watch enthusiast value Swiss-made timepieces above everything else?
The fact is that the tradition of Swiss watchmaking is backed by a rich and captivating history of innovation that yet persists to this day. Moreover, the watches are intricately designed and developed to meet the highest standards of craftsmanship.
The Swiss-made watches are made up of the finest components and incorporate the most complex movements, thereby making them expensive. Thus, these elaborate and complicated timepieces can indeed command prices in the millions.
Yes, it may seem to be a lot of money merely to tell the time. But, any luxury watches aficionados will tell you that these watches are more than mere devices for telling the time. Thus, the question remains:
What makes the Swiss-made watches so expensive? Continue reading below to find out.
Let’s start with the understanding of the aspects that qualify a watch to be ‘Swiss made’. The term ‘Swiss made’ was officially adopted in the late 19th century. However, it indicated that the watch met the stringent Swiss watch manufacturing standard of the day.
In simple words, a watch has to meet some specific guidelines to be labelled as ‘Swiss Made’. But, as of January 1, 2017, the guidelines that qualify a Swiss watch changed.
Before 2017, it was focused on three significant factors:
As of 2017, to have the term ‘Swiss made’ engraved on a watch’s dial, no corners could be cut with regards to these five rules:
A Swiss watch is created under exacting requirements and has been dominating in the market for decades. However, does it signify that they worth a hefty price tag?
The straightforward answer is, yes it does. The strict Swiss standards set out are not the only factors that make the Swiss timepieces unique. The different components that are fitted into a Swiss-made watch contribute to its premium price. These include:
The Luxury Hut provides a quick, secure and straightforward way to sell luxury watches online or via appointment. We understand both the historical and monetary significance of the watches manufactured by elite Swiss brands such as Rolex, Omega and many others. Thus, you are likely to receive a fair and competitive price when selling your watch to us.
For those who are planning to ‘sell their watch’ or ‘sell watches in London’, begin the process of selling by: