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Rolex declined CNN’s request for comment, but the luxury watchmaker annually increases prices, with the rising price of gold largely responsible for jacking up prices for gold watches twice in ...
Over the past year, the WatchCharts Overall Watch Market index, which tracks a basket of secondhand luxury Swiss and European watches fell 5.1%. Prices paid for the holy trinity of Swiss watches ...
Though Rolex usually sets its prices annually on Jan. 1, the company introduced a 4% increase in some of its gold watches in the U.K. last June, including raising the retail cost of the Rolex ...
A Patek Philippe pocket watch. This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 1.5 million US dollars.The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction.
By 2017 grey market sales of luxury watches were "upending the global watch industry," according to Barron's; exports of new watches from Switzerland fell 10% in 2016 and there was a glut of inventory of new watches, driving prices down. [10]
And that's especially good news for shoppers of Rolex watches, which have been notorious for extreme supply shortages and long waitlists. ... a basket of 60 luxury Swiss watches across 10 brands ...