# @drip on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/Czttuu6rK7W
- **Gondola URL:** https://gondola.cc/posts/12316203-drip-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/thumbnails/9e183d9757.jpg
- **Posted:** 2023-11-16T16:51:59.000+00:00
- **Account Owner:** Drip by RapTV (@drip) — https://gondola.cc/drip

## Caption

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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#RolexWatch #Patek #Watches #FashionNews #Jewelry #Hypebeast

## Stats

- **Views:** 0
- **Likes:** 3,951
- **Shares:** 0
- **Comments:** 18

## Tags

patekphilippe, watches, hypebeast, jewelry, rolexwatch, patek, rolex, fashionnews

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