Prices for Rolex, Patek Philippe and Other Luxury Watches Will Continue to Fall, According to Morgan Stanley

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Prices for Rolex, Patek Philippe and Other Luxury Watches Will Continue to Fall, According to Morgan Stanley
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It might be time for you to snag that timepiece you've been after. ⌚️

, which tracks trading of the 60 most popular Swiss timepieces, has fallen by over six percent since the start of 2023 and by nearly 17 percent over the last year.

Prices for previously owned Swiss watches may be falling, but several of the most coveted timepieces are still selling for more than they did at retail. The report found that 89 Rolex models, or 79 percent of those tracked by WatchCharts, trade above retail. For Patek, the number of models selling above retail sits at 43, which is 48 percent of its total, and for AP the number is 34, which is 71 percent of its total.Even this number is falling, though, according to the report.

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