Watches
Used Patek Philippe and Rolex Prices Stabilize for a Second Month
- Rolex red and blue ‘Pepsi’ GMT continues to outperform
- Most in-demand models show slight declines over 30 days
Prices for the most popular second-hand Rolex and Patek Philippe watches were mostly flat for a second month, suggesting an almost two-year slump could be nearing an end as stock markets hit records and Bitcoin rebounds.
The Bloomberg Subdial Watch Index declined 0.1% to $33,628, according to data provided by Subdial, a London-based trading platform. The index tracks prices for the 50 most traded luxury watches by transaction value.