Through the second quarter of this year, Watchcharts has noticed that many brands at around the $5,000 to $10,000 price point on the secondary market have seen accelerated market price declines.
The long-term decline in secondary market prices continued over the course of last month. In this update, we cover the Big Three in detail as well as the performance of all key secondary market brands.
With Watches & Wonders and the associated speculation around discontinuations and new releases firmly in the rearview mirror, the secondary watch market in April 2024 has continued to follow the longer term trend of decline. In this report, we summarize the high level trends from last month, give an update on the Rolex Pepsi, and cover some of the best and worst performing collections in April.
This month’s Dispatch explores the changes in the market we’ve seen against the backdrop of new releases and discontinuations at Watches and Wonders 2023. We also bring you our usual coverage of high level trends for our Overall Market Index and the Big Three brands: Rolex, Patek Philippe, and Audemars Piguet.
The WatchCharts March 2024 watch market update discusses a potential stabilization in secondary market prices, the recent interesting dynamics of the Rolex Pepsi market, and share some of the best and worst performing brands and collections of last month.