Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek".
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In the spring, there was a surge of trade for top tier pre-owned timepieces. The euphoria faded fast.
A Rolex Daytona luxury watch.
Photographer: Patrick T. Fallon/Bloomberg
More signs are emerging that the secondhand luxury watch market is finding its footing, after prices surged and then tumbled earlier this year.
An index for Rolex resale prices at WatchCharts, a consultancy, fell 1.84% in early September from the prior month, a slower pace of decline following a summer slump of at least twice that rate.