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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 2024.
For instance a gold Day-Date 40-mm with black dial that went for approximately $42,250 last year now will cost you $45,809, according to Rolex’s website. ... a new Rolex watch’s retail price ...
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 ...
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.
The bank said declining gray market supply was due to rising retail prices for Rolex watches and falling prices paid for gray market watches, making flipping watches less profitable.
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