Used Rolex Prices Show Signs of Stabilizing: Subdial Index
- Rolex Index up 1% since November in a sign the worst is over
- Flat overall market suggests prices reached inflection point
An index of prices for used Rolex watches eked out a small gain last month in a sign of stabilization for pre-owned timepieces after more than a year-and-a-half of steep declines.
The Bloomberg Subdial Watch Index, which tracks the 50 most traded Swiss watches by transaction value, was flat in December, while an index of Rolex models gained about 0.7%.