Rare Watch Index Highlights

$245,000

2014 value of the Patek Philippe Ref. 1518, the index's most valuable watch

13.67%

Annual increase between 2004-2014 of the Panerai Radiomir Ref. 3646, the index's best performer

5.47%

Average annual increase for the JustCollecting Rare Watch Index between 2004 and 2014

$53,000

Price of a Rolex Submariner ref. 6538 "Big Crown James Bond"

Investing in rare watches: JustCollecting rare watch index reveals the best performers between 2004-2014

The Panerai Radiomir Ref. 3646 has provided the best return on investment of any regularly traded watch over the past 10 years, reveals the inaugural edition of The JustCollecting Rare Watch Index, released today.

  • The Panerai Radiomir Ref. 3646, valued at $25,000 in 2004, is now worth $90,000 – a rise of 13.67% a year.
  • The index, which focuses on rare yet regularly traded vintage watches, has seen a 5.47% per annum increase since 2004.
  • The Nautilus (Ref. 3700) was the best performing Patek Philippe – the world's most valuable watch brand. It was up 8.69% per annum to $23,000.

Best performing watches between 2004-2014

  1. Panerai Radiomir (Ref. 3646): up 13.67% per annum to $90,000
  2. Jaeger-LeCoultre Reverso (Platinum No. 1/No. 2 2002-2003): up 10.31% pa to $40,000
  3. Tag Heuer MONACO ref.1133: up 10.31% pa to $12,000
  4. Audemars Piguet Royal Oak (Ref. 5402ST circa 1972): up 9.60% pa to $20,000
  5. JLC Memovox (circa 1950s): up 9.60% pa to $5,000

Most valuable watches in The JustCollecting Rare Watch Index

  1. Patek Philippe (Ref. 1518 / Circa 1940s): $245,000
  2. Panerai Radiomir (Ref. 3646): $90,000
  3. Panerai Luminor (circa 1950s): $80,000
  4. Rolex Submariner (Ref. 6538 "Big Crown James Bond"): $53,000
  5. Jaeger-LeCoultre Reverso (Platinum No. 1/No. 2 2002-2003): $40,000

Quote

"These figures reveal that while the watch makers love to boast of their latest timepieces' complications, it's watches of historical value that are the best investments.
"The Panerai Radiomir Ref. 3646 is perfect evidence of that. First produced for divers in the Italian Navy in 1938, its simple elegance and use during WWII continues to attract collectors year after year."
"It's interesting to note that the world's most valuable watch brand, Patek Philippe, offers lower year on year gains then some of its less celebrated rivals. This reveals the greater maturity of the Patek Philippe sector, and suggests there are still bargains to be had elsewhere."

About the JustCollecting Rare Watch Index

The JustCollecting Rare Watch Index tracks the value of popular collectible watches that are regularly traded around the world, using analysis of auctions and private sales, in addition to expert opinion.

Values shown are reflective of "very good/excellent" condition examples – unless otherwise stated.

justCollecting Rare Watch Index Album


Breitling Emergency


Zenith El Primero


Tag Heuer Monaco


Vacheron & Constantin Ref 4240


Ulysse Nardin 2-day marine chronometer


Rolex Submariner


Rolex Explorer II Steve McQueen


Rolex Sea-Dweller


Rolex GMT Master


Rolex Daytona


Rolex Day-Date President


Rolex Datejust


Patek Philippe Nautilus


Patek Philippe Calatrava


Patek Philippe Ref. 1518


Panerai Radiomir


Panerai Luminor


Omega Speedmaster Professional


Omega Constellation


Breitling Navitimer


Breguet Type XX


Blancpain Fifty-Fathoms


Audemars Piguet Royal Oak Jumbo Series A


A. LANGE & SOHNE REF. 127-560A-1