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The definition of what makes a watch classic can vary tremendously. To some, it may be the design that best epitomises elegance and simplicity, while others understand classic to mean vintage or even the age of the watchmaker. But most luxury brands generally agree that classic watches share two core components: timelessness and lasting value.

'They have design that suits any era and their construction means that they were created to last for generations,' says Stephen Urquhart, president of Omega.

Indeed, the Swatch Group-owned brand has been a pioneer of iconic chronographs for decades. Its Speedmaster (starting price HK$30,000) is a perfect example of a design that has encapsulated the classic X-factor over time.

'The Speedmaster has remained essentially unchanged for more than half a century and defines the modern chronograph. It is the watch that introduced the tachymetric scale on the bezel; now it is difficult to imagine a chronograph without one,' Urquhart says, noting it was also the first watch worn on the moon.

Other Omega classics include The Seamaster (starting price HK$20,000), an automatic winding chronograph and quartz watch with a stainless steel case and bracelet, screw-in crown and case back, unidirectional bezel and a helium-release valve.

Although Swiss luxury watch manufacturer Patek Philippe has produced many traditional styles, none of its designs articulate timelessness better than the Calatrava line, a collection of classic round wristwatches launched in 1932. Variations and refinements have been made over the years - for example, using ultra-thin cases, updated movements, intricate detailing in the form of hobnail patterns and wide polished bezels - but the collection has remained true to form, showcasing sleek lines and subtle elegance.

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