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This, in turn, means higher prices and relief for secondhand Rolex dealers like Bob’s Watches, retailers like Watches of Switzerland, and even Rolex’s own certified pre-owned program (and its ...
Rolex prices are falling and supplies are rising. Pras Subramanian. July 20, 2024 at 11:19 AM. For investors in Swiss watch brands — and all high-end watches for that matter — new data is ...
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]
If you are in the market for a luxury Swiss watch now might be your best time to buy — just in time for the holidays. Subdial, a watch industry data provider, reported that its Bloomberg Subdial ...
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.
On 26 October 2017, a Rolex Daytona (Ref. 6239) watch formerly owned by the actor Paul Newman was sold for US$17.75 million in New York City, making it the second most expensive wristwatch and the third most expensive watch ever sold at auction (as of July 2020). [39] [30] [40]