On the secondary watch market, the ”flight to high quality throughout unstable occasions may end in customers selecting ‘safer’ investments, favoring manufacturers equivalent to Rolex, Cartier, Audemars Piguet, and Patek Philippe, which usually tend to maintain their worth,” based on the report.
On the identical time, the report mentioned that as used watch consumers turn out to be extra conscious of residual values of mid-size gamers that resell at common reductions of -30% to -40% in comparison with retail costs, manufacturers equivalent to IWC or A. Lange & Söhne may have the potential to carry out higher on the secondary market.
Information compiled by WatchCharts additionally signifies that the provision of fashions from the highest manufacturers at retail is enhancing. About 53% of present Rolex fashions in manufacturing and tracked by WatchCharts commerce above retail on the secondary market. That compares to about 68% a yr in the past.
