And more.
Trying to remember every watch I’ve seen on IW and trying to guess what might have a chance appreciating, and honestly can’t think of one.
A very, very few watches, from a very, very few select brands actually appreciate over time, and you won’t find those on IW, there are some which will depreciate and hold their original value at a much slower rate, usually mid level luxury Swiss and German brands, but the overwhelming majority will, in reality be worthless in thirty years’ time, heck some of IW’s will be worthless as an investment in a few months, some in days even.
One important issue which IW never touches on, especially if IW is implying future monetary gain etc or future worth, and especially for the automatic watches, is that at some point they will need servicing to keep running smoothly.
I recently got a Swiss quartz watch, and it wasn’t an expensive watch but has a lot of sentimental value, serviced as it had stopped working, needed a replacement movement and that was £140. Now can you imagine having to pay more for a service on one of these horological masterpieces, bought from IW a few years back, than the watch originally cost or even what the watch is worth today. Apart from Reynold’s watches and a few of Noddy’s watches, basically IW watches, from a financial point of view, are throw away watches, ie cheaper to bin and buy new than service.
So you've invested in 20, £100 Swan & Edgar watches, that cost you £2000 to buy, and service costs of a probably similar amount in say 20 years time, total spent £4,000. In thirty years time you cash in to add to your pension fund and you get a whopping, being generous here saying you'll get a £10 for each, £200. Yeah that's some investment.
There's another group you forgot to mention, those that believe IW prices are a bargain, buy loads and then head over to ebay to make a profit, only they end up making an instant loss.