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New trends in the second-hand watch market

New trends in the second-hand watch market

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Watches are a particularly popular safe haven in these uncertain times.

 

Second hand watches are the fashionable way to get a watch at the best price, the perfect piece of men’s jewellery.

 

But one can dream of wearing a beautiful watch without having the means to buy iconic models.

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This has led many enthusiasts to focus on recent editions sold second-hand. This has led to a flourishing second-hand market, both online and in watch shops.

 

On the other hand, some models such as the Rolex Daytona have lost their value at first hand. The same is true for the Piguet Royal Oak, whose price has dropped by €20,000 in 6 months. In contrast, other models have increased in value, such as the Girard-Perregaux Laureato, which was worth around €8,000 in 2021 and is now worth €18,000, an increase of €10,000.

 

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Featured photo : © Chrono24

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