Y’all gonna start picking up some secondary market watches ⁉️⌚️ Bloomberg Sundial Watch Index reports that prices for #Rolex and #PatekPhilippe watches have reached their lowest point in two years on the secondary market 📉 In October, the Index, which tracks data for the 50 most-traded timepieces, saw a decline of 1.8%, marking its lowest point since 2021 👀 This latest data reflects a 42% decrease from its peak in April 2022. The secondary market is witnessing a surge in supply, with Subdial reporting a 5% increase in the number of used watches available for sale since August, resulting in price uncertainty climbing by 12% in the same period.⁠ -
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