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Prices for modern Rolex models on secondary channels skyrocketed over the past eight months. Now that they're softening, dealers say relax.
From the Submariner to the GMT Master II to the Daytona, Rolex watches are looking more reasonable every month. The report theorizes this is due to the rising prices of Rolex’s SRPs, which shrink the profit margins for flippers. Somewhat more dubiously, the report also states that waitlist .
Prices for modern Rolex models on secondary channels skyrocketed over the past eight months. Now that they're softening, dealers say relax.
From the Submariner to the GMT Master II to the Daytona, Rolex watches are looking more reasonable every month. The report theorizes this is due to the rising prices of Rolex’s SRPs, which shrink the profit margins for flippers. Somewhat more dubiously, the report also states that waitlist times have fallen for some of Rolex’s most popular sports models: the GMT-Master II, . Prices have been falling since the pandemic peak hit in the first quarter of 2022. Current prices in the second quarter fell sequentially compared to the first quarter by 2.1%, and year over year. Morgan Stanley is reporting a quarter-on-quarter price fall — from Q4 of 2023 to Q1 of 2024 — of just 1.1% for Rolex and 1.4% for Patek Philippe. Audemars Piguet prices actually ticked up by 0.1%, according to data compiled by WatchCharts and Morgan Stanley Research.
Morgan Stanley is reporting a quarter-on-quarter price fall — from Q4 of 2023 to Q1 of 2024 — of just 1.1% for Rolex and 1.4% for Patek Philippe. Audemars Piguet prices actually ticked up by 0.1%, according to data compiled by WatchCharts and Morgan Stanley Research. Supply finally outweighs demand in the secondary market causing prices of the Rolex Daytona, Patek Philippe Nautilus and Audemars Piguet Royal Oak to fall.
Rolex, Patek Watch Prices Fall Even Further Behind Equities. Since watches hit pandemic-era peak, stocks have outperformed; Prices down slightly in June with Omega, Cartier rising
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Preowned Rolexes continue to come back down to earth after their COVID-19-era trading frenzy. Resale prices for the brand fell another 2.2% last quarter, as the overall Watch Charts Market. Jahrelang kannten die Preise für Rolex-Uhren auf dem Zweitmarkt nur eine Richtung: steil nach oben. Jetzt zeichnet sich offenbar ein Abwärtstrend ab, der von Dauer sein könnte. Prices for modern Rolex models on secondary channels skyrocketed over the past eight months. Now that they're softening, dealers say relax.
From the Submariner to the GMT Master II to the Daytona, Rolex watches are looking more reasonable every month. The report theorizes this is due to the rising prices of Rolex’s SRPs, which shrink the profit margins for flippers. Somewhat more dubiously, the report also states that waitlist times have fallen for some of Rolex’s most popular sports models: the GMT-Master II, . Prices have been falling since the pandemic peak hit in the first quarter of 2022. Current prices in the second quarter fell sequentially compared to the first quarter by 2.1%, and year over year.
Morgan Stanley is reporting a quarter-on-quarter price fall — from Q4 of 2023 to Q1 of 2024 — of just 1.1% for Rolex and 1.4% for Patek Philippe. Audemars Piguet prices actually ticked up by 0.1%, according to data compiled by WatchCharts and Morgan Stanley Research. Morgan Stanley is reporting a quarter-on-quarter price fall — from Q4 of 2023 to Q1 of 2024 — of just 1.1% for Rolex and 1.4% for Patek Philippe. Audemars Piguet prices actually ticked up by 0.1%, according to data compiled by WatchCharts and Morgan Stanley Research.
Supply finally outweighs demand in the secondary market causing prices of the Rolex Daytona, Patek Philippe Nautilus and Audemars Piguet Royal Oak to fall.
Rolex, Patek Watch Prices Fall Even Further Behind Equities. Since watches hit pandemic-era peak, stocks have outperformed; Prices down slightly in June with Omega, Cartier rising Preowned Rolexes continue to come back down to earth after their COVID-19-era trading frenzy. Resale prices for the brand fell another 2.2% last quarter, as the overall Watch Charts Market.
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preise rolex fallen|rolex price dropping