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The Crypto Collapse Has Flooded the Market With Rolex and Patek

  • Top watch trading platform says trophy model volumes jumped
  • Chrono24 says more supply hits prices of Nautilus and Daytonas
A Rolex Group Daytona watch.

A Rolex Group Daytona watch.

Photographer: Patrick T. Fallon/Bloomberg

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The collapse in cryptocurrencies is easing supply of the most sought after watches on the second-hand market, depressing prices for hard-to get-Patek Philippe and Rolex models.