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You could be paying more for a new Rolex watch at an authorized dealer — if you can find one in stock, Meanwhile, used Rolex prices fell across the globe, continuing a trend that began in 2022.
Pre-owned watches are now Watches of Switzerland's second biggest category. CPO sales also help retailers alleviate a perpetual problem when it comes to Rolex sales in particular: supply.
Bob's Watches is an online marketplace for the resale and trade of watches, with a focus on Rolexes. It was one of the largest watch reselling websites in the United States in 2016. [3] The company was founded in the mid-1990s by Bob Thompson in North Carolina as a local seller of various watch brands and models.
The Bloomberg Subdial Index tracks a basket of the 50 most sought-after watches by value in the secondhand or used market, representing brands like Rolex, Patek Philippe , and Audemars Piguet.
Rolex watch in original packaging. Rolex SA (/ ˈ r oʊ l ɛ k s /) is a Swiss watch brand and manufacturer based in Geneva, Switzerland. [2] Founded in 1905 as Wilsdorf and Davis by German businessman Hans Wilsdorf and his brother-in-law Alfred Davis in London, the company registered Rolex as the brand name of its watches in 1908 and became Rolex Watch Co. Ltd. in 1915.
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.