The Pre-Owned Watch Market Just Had Its Best Quarter in 3 Years: Report

The Pre-Owned Watch Market Just Had Its Best Quarter in 3 Years: Report

The pre-owned watch market had its best quarterly performance in three years, since the 2022 post-pandemic book. Used prices dropped by 0.3 percent.

The Pre-Owned Luxury Watch Market Just Clocked Its Best Quarter In 3 Years

(Bob’s Watches) The global pre-owned luxury watch market has notched its best quarterly performance in three years as price declines for leading brands like Rolex, Patek Philippe, Cartier, and Omega slowed to their lowest rate since early 2022. That stabilization could signal a turning point for a sector that has experienced 13 consecutive quarters of price corrections from its post-pandemic peak. According to a recent report by Morgan Stanley a…

Business News: Used Watch Market Posts Best Quarterly Performance In Three Years As Rolex, Patek Philippe, Cartier, and Omega Prices Stabilize: Morgan Stanley

An index of prices for pre-owned Swiss luxury watches stabilized further in the second quarter, with key brands including Cartier, Omega, Rolex, and Patek Philippe outperforming the wider market and pacing declines to the slowest since the peak of early 2022, according to Morgan Stanley and WatchCharts. Average prices fell 0.3% from April to the end of June compared to the quarter before, representing a slight improvement from the 0.4% declines …