Rolex and Patek Prices Fall as Subdial Index Nears Two-Year Low
- Subdial Watch Index has lost about 19% in past 12 months
- Nautilus, Royal Oak and Daytona models among worst performers
Prices for luxury Swiss watches are near the lowest in almost two years on the secondary market as Rolex, Patek Philippe and Audemars Piguet models continue falling from the record highs reached in early 2022.
The Bloomberg Subdial Watch Index, which tracks the 50 most traded pre-owned luxury watches by value, is well below price levels hit in June 2021.