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Trophy Rolex, Patek and Audemars Piguet Prices Skid to Pre-Boom Levels

  • Subdial50 index is down 5% over a year and 17% in six months
  • As steel sportwatches fall, dress watches and neo-vintage rise
The Subdial50 Index is dominated by Rolex references including the GMT Master II.

The Subdial50 Index is dominated by Rolex references including the GMT Master II.

Source: Rolex SA
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Falling prices for Rolex, Patek Philippe and Audemars Piguet watches have dragged down an index of the most traded timepieces on the secondary market to pre-boom levels, according to UK-based reseller Subdial.

The Subdial50 Index, which tracks prices for the 50 most traded luxury watch references by value, has fallen to levels not seen since before an unprecedented surge in 2021 and early 2022.