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Luxury Watches as an Investment

Only the best watches increase in value over time. Here's how to tell the difference between the collectible and the merely expensive

As a rookie collector, George Saviano bought watches because they fascinated him with their intricate mechanisms, not their potential price appreciation.

Since 2004, he has bought about 30 timepieces. Some increased by 50%, others would make him pennies on the dollar, he says. As he gained experience and knowledge about watchmaking and the watch market, he has become more selective.