Subdial Index

Only Two Used Rolex Models Rise in Value in a Year of Falling Watch Prices

  • Lady-Datejust and Rolex GMT defy the trend of falling prices
  • Smallest and cheapest Rolex index model is a top performer
WATCH: The GMT Master II was one of only two used Rolexes which gained in the Bloomberg Subdial Watch Index. Bloomberg’s Andy Hoffman reports.Source: Bloomberg

Only two used Rolex models in the Bloomberg Subdial Watch Index gained in price over the past 12 months as buyers sought out value in a declining market.

The Rolex GMT Master II in stainless steel with a ceramic blue and red bezel, nicknamed the “Pepsi” by collectors, rose about 5% over the previous 12 months and 1.5% in the last 30 days to trade at roughly $20,000, the index shows.