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Industry experts tell what's hot and what's not in watch collecting

Industry experts tell what's hot and what's not in watch collecting

Money for old rope or a trap for newcomers? Two experts cut through the clamour and deliver their candid tips on watch collecting.

Collection racket: are watches really the new bitcoin? Illustration: Sam Bennett

Recent headlines would have you believe that watches are the new bitcoin, as next-gen collectors see vintage timepieces not only as cool accoutrements to complement their jeans and sneakers, but as investments that can double their money in next to no time.

This comes on top of headlines about Paul Newman Daytonas and other rediscovered/celebrity Rolex models fetching millions of dollars at auction, and continuing reports of complicated Patek Philippe watches breaking records.

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Bani McSpedden
Bani McSpeddenWatch editorBani McSpedden is watch editor of The Australian Financial Review. Connect with Bani on Twitter. Email Bani at bani@bigpond.com.au

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Original URL: https://www.afr.com/life-and-luxury/fashion-and-style/industry-experts-tell-what-s-hot-and-what-s-not-in-watch-collecting-20190612-p51x15