5 Watches with prestige - and profit potential

A Rolex has long been an accessory for showcasing status, savvy, and style. But recently it has also become a fast-appreciating asset. The watch market is full of long-term investments -- Julien Schaerer, a watch director at the auction house Antiquorum, showed us where to look.

The Trophy Watch
5. The Trophy Watch
Bidding Range: $200,000 and up

2499 Patek Philippe Perpetual Calendar Chronograph

Produced from 1951 until 1985, the 2499 is a cult item among Patek collectors, says Schaerer. He estimates that in yellow gold, the watch could sell for up to $400,000 today, while a rare model in pink gold might fetch $1 million or more.

Rolex

Omega

Panerai

Cartier

Patek Philippe

Auction 101
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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.