Watch Repair: an Investment or an Expense?
Whether you should view the fixing of your watch as an expense or an investment depends on one thing only – the value of the watch. As a rule, the repair (and maintenance) of any watch whose market value increases with time should be viewed as an investment. But market value is not everything; many watches carry a sentimental value that exceeds their market value. Caring for a watch that you have inherited and intend to pass along to your children is obviously an investment. The watch your grandmother gave you may cost more to repair than to replace, but you may feel that it is well worth the investment. Almost all older (usually mechanical) watches with a sentimental value can be fixed – because they were designed that way.