Used Luxury Watch Prices Stabilize, Boosted by Patek Philippe
- Luxury watches post modest gains in September: Subdial Index
- Pre-owned prices fell when US rate hikes began in March 2022
Prices for used luxury watches rose modestly last month, led by Patek Philippe, as the market continues to stabilize after two-and-a-half years of decline.
The Bloomberg Subdial Watch Index, which tracks prices for the 50 most traded models by transaction value on the secondary market, edged up 0.1% in September from a month earlier.