[Aea]

Insurance on a $100K watch through Hodinkee is around $1400 a year, although I'm sure you can get a better deal.

If you're an enthusiast then you're paying for peace of mind. If you're an investor then that's the equivalent of a 1.4% management fee per year.

The price action right now is absolutely ridiculous, but if you already bought at say 5x retail then that dramatically eats into your potential profits. It's just not worth it, you shove it into a safe and never let it see the light of day.

[Ferrotin]

If you just want to invest or collect you can get cheaper insurance with clauses about keeping the watches in a safe deposit box.

[rosndo]

You can find waay more attractive premiums through traditional insurance brokers than via Hodinkee, but depending on the size of your collection it might not be worth the hassle as finding a decent traditional option is a headache unless you know someone who’s already gone through the trouble.