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☆ One Rolex model bucked the trend and had the biggest increase in value since last year
  + stars: | 2024-03-23 | by ( Dominick Reuter | ) www.businessinsider.com   time to read: +3 min
The frenzy for pre-owned Rolex watches peaked exactly two years ago, sending the market into a slump. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementIt has been a rough two years in the pre-owned Rolex market. Related storiesDesigned as a utilitarian pilot's watch, Rolex introduced the GMT in 1955 with a dedicated hand to track the 24 hours of the day. What's more, this watch is selling on the pre-owned market for around $21,000, or nearly twice its $10,700 retail price.
Persons: II, —, I'm, Carol Altieri, It's, Altieri Organizations: Rolex, Service, Pepsi, Bloomberg Locations: Swiss
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