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The analysis found the number of Rolex watches in the gray market has been falling. The bank said declining gray market supply was due to rising retail prices for Rolex watches and falling prices ...
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.
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.
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]
A grey market or dark market (sometimes confused with the similar term "parallel market") [1] [2] is the trade of a commodity through distribution channels that are not authorised by the original manufacturer or trademark proprietor. Grey market products (grey goods) are products traded outside the authorised manufacturer's channel.
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.
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related to: rolex grey market prices 2024 date code