Wall Street Journalさんのインスタグラム写真 - (Wall Street JournalInstagram)「Secondhand watch prices are falling, pulling the values of Rolexes and other well-known brands downward and unwinding a rally that brought prices to records during the Covid-19 pandemic.⁠ ⁠ As of Wednesday, the average price of a watch sold secondhand has fallen by 31% since March 11, 2022, after rising steadily for much of 2021, according to data from WatchCharts, a market research platform. A WatchCharts index that tracks the secondhand prices of 30 Rolex models has slid to the lowest level since 2021, falling 14% year-over-year.⁠ ⁠ Individuals offloading watches into the market, boosting supply, have driven prices downward, according to WatchCharts CEO Charles Tian.⁠ ⁠ Tim Stracke, CEO of Chrono24, an e-commerce site dedicated to luxury secondhand watches, says while the site's visits remain level this year, its average sale prices and purchase volume have fallen.⁠ ⁠ “Many people who think of watches as investments are wanting to liquidate holdings they had,” Tian said.⁠ ⁠ Demand for pre-owned watches increased in 2020 as people flush with cash during the pandemic started snapping up the luxury items in search of hedges against inflation and alternative sources of appreciation.⁠ ⁠ Read more at the link in our bio.⁠ ⁠ Photo: Getty Images」7月14日 9時00分 - wsj

Wall Street Journalのインスタグラム(wsj) - 7月14日 09時00分


Secondhand watch prices are falling, pulling the values of Rolexes and other well-known brands downward and unwinding a rally that brought prices to records during the Covid-19 pandemic.⁠

As of Wednesday, the average price of a watch sold secondhand has fallen by 31% since March 11, 2022, after rising steadily for much of 2021, according to data from WatchCharts, a market research platform. A WatchCharts index that tracks the secondhand prices of 30 Rolex models has slid to the lowest level since 2021, falling 14% year-over-year.⁠

Individuals offloading watches into the market, boosting supply, have driven prices downward, according to WatchCharts CEO Charles Tian.⁠

Tim Stracke, CEO of Chrono24, an e-commerce site dedicated to luxury secondhand watches, says while the site's visits remain level this year, its average sale prices and purchase volume have fallen.⁠

“Many people who think of watches as investments are wanting to liquidate holdings they had,” Tian said.⁠

Demand for pre-owned watches increased in 2020 as people flush with cash during the pandemic started snapping up the luxury items in search of hedges against inflation and alternative sources of appreciation.⁠

Read more at the link in our bio.⁠

Photo: Getty Images


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