Now my client has his dream watch. An Audemars Piguet Royal Oak Offshore 'Vampire'

MSRP: $33,300. His cost? 50% off.

Now it's an asset on his wrist. Not a liability.

Most people don't understand that brand new watches depreciate the moment you buy them. Minutes after purchase, that value is gone.

But once that first drop happens, the right watches stop falling. They stabilize. And many become reliable stores of value you get to wear.

This is exactly why the secondary market for luxury watches is growing faster than the primary market....

...and is now valued at more than $40bn per year.

Don't buy the depreciation. Buy the watch.

Which watch have you been following but aren’t sure what to pay?