Why do 'iced out' watches depreciate so much?
Iced out” watches, adorned with diamonds and gemstones, often depreciate significantly due to several reasons: 1. Low Resale Value of Non-Factory Modifications Most “ iced out” watches are modified after purchase by adding aftermarket diamonds or gemstones. These modifications void the manufacturer’s warranty and reduce the watch’s value, as collectors often prefer original, unaltered pieces. 2. Questionable Gemstone Quality The diamonds and gemstones used in many “iced out” watches are often of lower quality or are poorly set, which diminishes their resale value. Even if the stones are of high quality, their value in a resale market is much lower than retail pricing. 3. Limited Appeal “Iced out” designs cater to a niche audience with specific aesthetic preferences. The limited demand for such heavily customized pieces further reduces their resale market value. 4. Lack of Brand Authenticity Luxury watch brands like Rolex or Patek Philippe design their watches with precise c...