![]() ![]() Other than Rolexes, what other watches are good to start with? When the demand for a watch is not fulfilled, its price goes up. It’s a new piece that everyone wants, but the wait list is very long. Can people can flip Rolexes like properties to earn money?Ī lot of people flip Rolexes, usually the hot models like the GMT Master Pepsi. We have heard of someone whose Rolex’s value shot up by almost twice the amount he paid for it. Rolex is a safe bet ’cos the sizes are conventional, the colours are versatile and most But it’s a huge mistake to dismiss it, ’cos when you buy your first watch, you don’t exactly know your taste yet. And maybe it’s a bit too common for some people. People have come to me asking, “Tom, what should I buy for my first watch? I don’t want Rolex.” The brand still has a bit of that ‘old man’ image. Quirkiness really interests me.What’s the one mistake people make when buying their first luxury watch? Writing off Rolex. The dial has unique materials - mother-of-pearl on top and tiger’s eye (a type of gemstone) below. I was looking for this for quite a while. I like watches that are unusual, but still from a big watchmaking house. What do you look out for when you buy a watch?Design is very important. We are catching up with Tom at the recent Faces of Time event, a pre-loved timepiece festival organised by the folks behind Luxestyle by Maxi-Cash (that’s the pawnshop’s second-hand luxury retail arm), where he shared with the press about watch-buying.So what kind of watch Tom is wearing today? The sharply-dressed former financial crime investigator, who switched lines to join a tech startup, pushes up his sleeve to reveal a rare timepiece called the Star Wheel from Swiss watchmaker Audemars Piguet, which features a “mother-of-pearl plus tiger’s eye dial combination”.For folks who are inspired to make a high SES watch purchase, read on for Tom’s easy-to-follow tips on buying a luxury watch, which includes navigating the perilous waters of Carousell.8 DAYS: What piqued your interest in watches?TOM CHNG: I first looked into a watch display case and realised that this small
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