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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 ...
One of Rolex’s most popular models, the Daytona, saw the greatest price increases. For example, the white gold version with the OysterFlex bracelet has a suggested price of $38,100 — a sharp ...
The cost of gold per ounce increased about 27% in 2024, reaching an unprecedented high of $2,790 per ounce. ... Secondary market prices for Rolex watches are about 20% higher than their retail ...
The Financial Times has stated that the market is now over a billion dollars for grey market Swiss watches such as Rolex, Breitling, IWC, Cartier, Patek Philippe, Audemars Piguet, Breguet and Bulgari. [27] [28] Barron's has that fine Swiss watches may be available for up to 40% lower prices from the grey market.
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]
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.
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.
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 ...
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