{"id":18934,"date":"2019-02-08T07:00:01","date_gmt":"2019-02-08T12:00:01","guid":{"rendered":"https:\/\/www.truefacet.com\/guide\/?p=18934"},"modified":"2019-02-25T11:49:45","modified_gmt":"2019-02-25T16:49:45","slug":"5-watch-collecting-mistakes-to-avoid","status":"publish","type":"post","link":"https:\/\/www.truefacet.com\/guide\/5-watch-collecting-mistakes-to-avoid\/","title":{"rendered":"5 Watch Collecting Mistakes to Avoid"},"content":{"rendered":"<p>If you\u2019re eager to jumpstart your own watch collection and partake in this growing hobby and pastime, be sure to avoid all the following watch collecting mistakes newbie collectors are prone to making!<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Watch Collecting Mistake #1: Investing in a Watch You Can\u2019t Really Afford<\/strong><\/span><br \/>\nNever buy a watch that is outside your budget. Besides being just plain fiscally irresponsible, spending too much on a watch will likely leave you too anxious to actually enjoy the wearing the watch; you may feel anxious to scratch or nick it\u2014and devastated when you inevitably do.<\/p><div class=\"truef-content_2\" style=\"margin-top: 20px;margin-bottom: 20px;\" id=\"truef-781047033\"><a href=\"https:\/\/www.truefacet.com\/?utm_source=Loupe&#038;utm_medium=Display&#038;utm_campaign=Holidays2018&#038;utm_content=jewelry\" aria-label=\"TrueFacet Holiday Shops Sale\"><img src=\"https:\/\/www.truefacet.com\/guide\/wp-content\/uploads\/2018\/11\/300x250_Jewelry_TF_Holiday_Evergreen_Banners-copy_06.jpg\" alt=\"TrueFacet Holiday Shops Sale\"  srcset=\"https:\/\/www.truefacet.com\/guide\/wp-content\/uploads\/2018\/11\/300x250_Jewelry_TF_Holiday_Evergreen_Banners-copy_06.jpg 300w, https:\/\/www.truefacet.com\/guide\/wp-content\/uploads\/2018\/11\/300x250_Jewelry_TF_Holiday_Evergreen_Banners-copy_06-200x167.jpg 200w\" sizes=\"(max-width: 300px) 100vw, 300px\" width=\"300\" height=\"250\"   \/><\/a><\/div>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignright size-full wp-image-18937\" src=\"https:\/\/www.truefacet.com\/guide\/wp-content\/uploads\/2019\/01\/WATCH-COLLECTION-HERO-IMAGE.jpg\" alt=\"A man reaching into a watch collection box\" width=\"233\" height=\"350\" srcset=\"https:\/\/www.truefacet.com\/guide\/wp-content\/uploads\/2019\/01\/WATCH-COLLECTION-HERO-IMAGE.jpg 233w, https:\/\/www.truefacet.com\/guide\/wp-content\/uploads\/2019\/01\/WATCH-COLLECTION-HERO-IMAGE-133x200.jpg 133w\" sizes=\"(max-width: 233px) 100vw, 233px\" \/>While there are vast resale opportunities for luxury watches, you should never consider a watch an investment. It\u2019s nearly impossible to know if a watch is going to appreciate in value; it\u2019s actually far more likely to depreciate.<\/p>\n<p>Moreover, there is really no reason to overspend on a watch. There are many very well-respected Swiss watch brands with very affordable lines that make for great \u201cstarter\u201d watches. <a href=\"https:\/\/www.truefacet.com\/guide\/5-affordable-swiss-luxury-watches\/\" target=\"_blank\" rel=\"noopener\">(Check out a handful of said brands in our blog post here.)\u00a0<\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Watch Collecting Mistake #2: Listening Too Much to Other People\u2019s Opinion<\/strong><\/span><br \/>\nWatch collectors often have strong opinions\u2014for better or worse\u2014on different watch styles. We suggest listening to seasoned collectors, reading watch blogs, poking around on watch forums but taking all that with a grain of salt. Ultimately, select the watch that speaks to your personal style.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Watch Collecting Mistake #3: Shopping Exclusively in the Retail Store<\/strong><\/span><br \/>\nBefore bee-lining it to the retail store and put down a big chunk of change for a new watch, consider shopping pre-owned. Seasoned watch collectors know they can save a bundle with a pre-owned watch, circumvent that \u201cfresh off the lot\u201d immediate depreciation that comes with taking a new watch out of the store. (To learn more about the benefits of shopping pre-owned, <a href=\"https:\/\/www.truefacet.com\/guide\/910-benefits-buying-pre-owned\/\" target=\"_blank\" rel=\"noopener\">read our post on the topic here.<\/a>)<\/p>\n<p>This may require slightly more research to vet trusted retailers and ensure the watch is in \u201cLike New\u201d condition, but it will be well worth the effort if you can save hundreds or thousands of dollars.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Watch Collecting Mistake #4: Not Learning About Your Watch<\/strong><\/span><br \/>\nThere are two big reasons to understand your watch. The first is a sense of pride in your watch. Knowing how the movement and complications work will make you appreciate your timepiece even more. Also learning the ins and outs of your watch will build your general watch education, making you a savvier and more informed collector.<\/p>\n<p>The second is watch care. Watch models each require different care: some need to be wound every day, some have a power reserve, some can be more easily over-wound than others. The more you know about your watch, the better you can care for it which will ultimately save you from added repairs (and their subsequent service fees) and help increase its resale value should you resell it down the line.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Watch Collecting Mistake #5: Buying a Fake Luxury Watch<\/strong><\/span><br \/>\nIf you are serious about being a watch collector, there is nothing to gain by buying a fake designer watch. Watch collectors know their watches and will quickly sniff out your phony watch\u2014leaving you incredibly embarrassed.<\/p>\n<p>Starting your collection off on a bad foot like this will also tarnish your reputation. The watch community is a tight-knit one and it\u2019s very common for collectors to trade watches directly amongst themselves. But, if you\u2019re known as an imposter collector, it\u2019s going to be tricky to ingratiate yourself to fellow collectors.<\/p>\n<p>There are many other legal reasons to never buy a fake luxury watch and <a href=\"https:\/\/www.truefacet.com\/guide\/5-reasons-never-buy-counterfeit-watch\/\" target=\"_blank\" rel=\"noopener\">we delve further into those very real dangers here.<\/a><\/p>\n<p>For more tips on how to build your watch collection, check out these blog posts:<\/p>\n<p><a href=\"https:\/\/www.truefacet.com\/guide\/812-building-watch-collection\/\" target=\"_blank\" rel=\"noopener\">A Beginner\u2019s Guide to Building a Watch Collection<\/a><br \/>\n<a href=\"https:\/\/www.truefacet.com\/guide\/5-watches-start-watch-collection\/\" target=\"_blank\" rel=\"noopener\">5 Watches to Start Your Watch Collection<\/a><br \/>\n<a href=\"https:\/\/www.truefacet.com\/guide\/build-watch-collection\/\" target=\"_blank\" rel=\"noopener\">How to Build a Watch Collection<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you\u2019re eager to jumpstart your own watch collection and partake in this growing hobby and pastime, be sure to avoid all the following watch collecting mistakes newbie collectors are prone to making! Watch Collecting Mistake #1: Investing in a Watch You Can\u2019t Really Afford Never buy a watch that is outside your budget. Besides [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6],"tags":[3382,575,273,216,31],"class_list":["post-18934","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education","tag-collecting","tag-collection","tag-watch-collecting","tag-watch-collection","tag-watches"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/posts\/18934","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/comments?post=18934"}],"version-history":[{"count":4,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/posts\/18934\/revisions"}],"predecessor-version":[{"id":19032,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/posts\/18934\/revisions\/19032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/media\/18939"}],"wp:attachment":[{"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/media?parent=18934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/categories?post=18934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.truefacet.com\/guide\/wp-json\/wp\/v2\/tags?post=18934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}