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18 October 2023, 04:38 AM | #1 |
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Join Date: May 2011
Real Name: Larry
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Rolex Prices Drop as Cheaper Rivals Outperform: Subdial Index
Interesting piece from Bloomberg...
By Andy Hoffman October 2, 2023 at 9:00 PM PDT > Entry-level priced watches perform better than Rolex, Patek > Cartier and Omega indexes decline less than Rolex and Tudor Prices for pre-owned Rolex watches kept falling on the secondary market last month while entry-level models and brands like Cartier and Omega fared comparatively better. An index of Rolex timepieces declined by 2.2% in September, according to market prices tracked by the Bloomberg Subdial Watch Index. An index of 100 entry-level watches, typically priced below £7,500 ($9,120), fell by 0.8% over the same period. https://www.bloomberg.com/news/artic...ndex#xj4y7vzkg
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