ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

BNA/LION · 18 October 2023, 04:38 AM

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

Rolexken · 18 October 2023, 04:59 AM

Can’t read the article unless I subscribe.

worldofoyster · 18 October 2023, 05:03 AM

but rolex still holds its value the best

BraveBold · 18 October 2023, 05:18 AM

If I remember the article correctly, Patek and AP fared even worse.

BNA/LION · 18 October 2023, 05:23 AM

Quote:

Originally Posted by Rolexken

Can’t read the article unless I subscribe.

Bloomberg Video report should work. I cut and pasted the text...

Knappo 1307 · 19 October 2023, 09:22 PM

Wouldn't call Omega and Cartier entry level, plus they readily available...

18 October 2023, 04:38 AM	#1
BNA/LION 2024 SubLV41 Pledge Member Join Date: May 2011 Real Name: Larry Location: San Diego, CA Watch: ROLEX Posts: 25,653	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 __________________ ✦ 28238 President DD 18K/YG ✦ 16610LN SS Sub ✦ 16613 18K/SS Serti ✦ 16550 Exp II Non-Rail Cream Dial ✦ Daytona C 116500 ✦ 126710 BLRO GMT-Master II ✦ NEXT-->? ⛳ Hole In One! 10/3/19 DMCC 5th hole, par 3, 168 yards w/ 4-Iron.

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18 October 2023, 04:59 AM	#2
Rolexken "TRF" Member Join Date: Apr 2019 Location: England Posts: 821	Can’t read the article unless I subscribe.

18 October 2023, 05:03 AM	#3
worldofoyster "TRF" Member Join Date: Nov 2019 Real Name: Vincent Location: 215 Watch: SS Sub Posts: 2,362	but rolex still holds its value the best

18 October 2023, 05:18 AM	#4
BraveBold "TRF" Member Join Date: Jun 2023 Location: USA Posts: 1,341	If I remember the article correctly, Patek and AP fared even worse.

19 October 2023, 09:22 PM	#6
Knappo 1307 2024 SubLV41 Pledge Member Join Date: Sep 2011 Real Name: Jason Location: USA Watch: Sea Dweller Posts: 8,561	Wouldn't call Omega and Cartier entry level, plus they readily available...

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