Vintage watches can often be more expensive due to their rarity, historical significance, and the craftsmanship of bygone eras. Limited production runs, discontinued models, or specific historical importance (like being associated with a famous individual or event) can significantly drive up demand. Additionally, some highly desirable vintage watches may only be available through the secondary market, leading to higher prices. In some cases, authorized dealers may require customers to buy other products or wait for long periods to be allocated a new, in-demand model, making pre-owned options more attractive.