The secondary watch market has declined over the past two years.
But watches from the Big Three brands — Rolex, Patek Phillipe, and Audemars Piguet — are still reselling for higher than their retail prices.
Advertisement2024 has not been kind to the watch market.
Meanwhile, inventory is flooding the resale market as those who purchased watches as an investment when the market was hot rush to cash out.
Prices on the secondary market are dictated by supply and demand.
Persons:
Patek Phillipe, —, Morgan Stanley, Patek Philippe, Charles Tian, Audemars, Paul Altieri, Tian, Rüstmann, Chrono24
Organizations:
Big, Rolex, Service
Locations:
WatchCharts