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According to data from WatchCharts, an online watch dealer and industry data provider, its Overall Market Index which tracks a basket of luxury watches has fallen 31% since hitting a recent high ...
In a recent note to clients, Morgan Stanley reported that the WatchCharts Overall Market Index — which tracks a basket of 60 luxury Swiss watches across 10 brands in the secondhand market ...
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.
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]
Luxury watch prices peaked in the spring of 2022. A second hand Rolex Oyster Perpetual Submariner Date watch is displayed for sale on January 08, 2024 in Leigh-on-Sea, United Kingdom.
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