Eight cents per day
Can you wear a business model? Not just for high earners: Mechanical wristwatches by NOMOS Glashütte don’t cost an arm and a leg. And their value can quickly exceed their price tag.
GLASHÜTTE, FEBRUARY 2022. For many, collecting and speculating with watches begins in the expensive luxury class. But more affordable options can be profitable, too. The traditional watchmaker NOMOS Glashütte, based in the famous German watchmaking town of Glashütte, make watches which don’t require taking out a second mortgage. Produced locally and under fair conditions, these timepieces are of the finest quality. They can be worn for decades, eventually being passed on to future generations. The pandemic has had little impact on the value of these watches. In fact, the value of most models has increased substantially. This should be self-evident: Beauty, artistry, quality, and tradition are timeless and enduring. You can wear watches, and collecting them requires very little space—this doesn’t take much work. And someday, they can be bequeathed, or better still, auctioned or sold at a profit.
Particularly attractive are Limited Editions—series which NOMOS Glashütte produce in small quantities. It is not unusual for their value to increase between twenty to thirty percent, sometimes even more, before the year is out. But owners of serial models benefit, too. Entry-level NOMOS watches start at around 1,000 euros, making them affordable, handmade watches and a good investment for the entry-level luxury market.
Tangente is the German manufacturer’s most famous timepiece, and the price of the icon has tripled since 1993. That’s not a massive increase, but not bad either, considering that the owner who bought the watch back then would get 8 cent per day, about 32 euros per year, just for wearing Tangente. A very enjoyable daily asset increase.
Your contact:
Oliver Nyikos
NOMOS Glashütte
PR department
+49 35053 404-481
pr@glashuette.com
Über NOMOS Glashütte:
NOMOS Glashütte ist eine der wenigen inhabergeführten Uhrenmanufakturen der Welt und fertigt seine mechanischen Zeitmesser in Glashütte, Deutschland. Uhrenmodelle wie die Tangente, Ludwig, Orion, Club oder Metro sind weltberühmt – genau wie der Ort, an dem sie hergestellt werden. Glashütte ist eine gesetzlich geschützte Herkunftsbezeichnung. Nur Hersteller, die nach strengen Regeln in der 175-jährigen Tradition der Uhrenstadt arbeiten, dürfen diese Herkunftsbezeichnung für ihre Armbanduhren verwenden. NOMOS Glashütte ist derjenige Hersteller, der die meisten mechanischen Uhren in Glashütte produziert.