The "Luxury Watch," Gaining Attention as an Investment in Real Assets. Know the Total Asset Value of Your Watch!? Introducing Chrono24's "Watch Collection," the World's Largest Online Marketplace for Luxury Watches.
Amidst the economic downturn caused by the pandemic, attention is shifting towards tangible assets like real estate, gold, fine wines, and luxury cars, distinct from financial assets such as stocks.
Among these, the luxury watch market has achieved remarkable growth, surpassing the difficulties of the pandemic. Luxury watches are particularly drawing attention as an investment in tangible assets. While certainly not an inexpensive purchase, luxury watches offer value not only as fashion or a hobby, but also as personal assets and investments, making them a practical pursuit.
This time, we introduce "Watch Collection," a free service offered by Chrono24, the world's largest online marketplace for luxury watches, where you can ascertain asset values.https://www.chrono24.jp/info/watch-collection.htmWe encourage you to check the asset value of the luxury watches you own or are considering purchasing.
■Your Luxury Watch Collection... Has Its Value Increased?
Even if you sense that watch values are fluctuating, it's cumbersome to visit a pawn shop to confirm the value of your own watch without concrete evidence.
In reality, the value of various models is constantly changing. For instance, many Rolex models have seen their value rise. The value of the watch you own might also be increasing.
【Key Feature ①】 See Your Total Current Assets at a Glance
– View the total asset value of your current watch collection under "My Watches."
– Track value changes since purchase.
– See the current market price of each watch instantly.
【Key Feature ②】 Monitor Watch Price Fluctuations
You can quickly and easily calculate the estimated price of your owned watches and track them over time. Chrono24's proprietary data is constantly updated with new models, and the latest estimated price for each watch is calculated daily. Within the data bank, Watch Collection allows you to check the value of rare models for which an estimated price is not yet available. Price trends can be viewed for any desired period.
【Key Feature ③】 Sell Directly from Watch Collection
– Once you've confirmed the market price of your owned watch, you can proceed to sell it directly.
After entering your personal information and undergoing a rigorous review, if deemed appropriate, you can list your watch for sale within a few business days*.
*If this is your first time listing on Chrono24, you will register as a seller after entering your watch details. Your listing will then be made public. Following the review of individual sellers, your listed watch will also be reviewed.
【Key Feature ④】 Add to Watch Collection Simply by Taking a Photo
The Watch Scanner compares a photo of your watch with approximately 2 million images on the Chrono24 website to display its reference number, current estimated market price, and more. It can currently identify about 18,000 different watch models.
■ "Watch Collection": Easy & Free Online Watch Management
Chrono24's Watch Collection allows you to manage your watch collection online. Add watches of interest to your Watch Collection, store as much information about them as you like, and upload watch images. You can check past price fluctuations and future trends for your watches at any time, opening up possibilities for asset management.
Chrono24 Website
https://www.chrono24.jp