Luxury Watches

Luxury watches have always been an asset purchased by discerning clients, investors and collectors. However, in recent years, there has been a steady increase in demand in the luxury watch market with many individuals choosing to invest into luxury watches, both brand new and second hand. We have come to understand certain intricacies of this niche market from a legal point.

 

Our Luxury Watches services include:

  • Disputes: In the realm of luxury watches and its second hand market, disputes can arise over issues such as authenticity, ownership, and contractual obligations.
  •  

  • Debt Collection: Just like other goods, if a seller has not been paid, we are able to take action against (usually the individual) buyer. This can become more complicated if the buyer is based outside the jurisdiction which is not uncommon.
  •  

  • Gifts: It is not uncommon for luxury watches to be passed down through generations. Many clients wish to document such gifts, in particular for Inheritance Tax purposes.
  •  

  • Lending: As an alternative asset class, some lenders are prepared to lend money secured against luxury watches which are pledged as security to the lender.

 

For more information please call our team on 020 7636 2100.