Feb 7th, 2024
Used Watch Prices: Only Two Rolex Models Gain in Value
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. Bloomberg's Andy Hoffman reports.
