The high-end watch market is unstable. Prices have dropped in the overall market. We have not changed prices this month due to uncertainty. Rolex sport watches continue to sell well at reduced price. The Rolex Daytona in platinum with a retail price of $75,000 were selling for a high of $180,000 to $200,000 in January…
The Las Vegas IWJG show on June 13 & 14 was very well attended. Prices were still holding with buyers being very selective. This time of the year there are many shows and events in Las Vegas including the watch and jewelry show which was well attended along with the JCK show. Business overall is…
The past two IWJG Shows – April in Las Vegas and in May in Miami – are an indication that we are now changing watch market. Turnout for both shows was less than the pre-pandemic times. Indications that we are heading into a recession with inflation at an all time high. Gas and food prices…
No surprising, modern sports models from Rolex, Audemars Piguet, and Patek Philippe continue to dominate the market. With a nearly equal pandemonium surrounded examples produced in stainless steel and precious metals alike, reliably firm premiums over retail have rendered the MSRP useless. With more brands continuing to produce more watches fitted with green details, interest…
This past mont has been momentous, with prices strongly above retail on all modern Rolex models. Similarly, all sizes of gold President models continue to climb, proving timeless appeal. With even 26mm ladies references once again becoming sought after, we see the enthusiasm of the market and the strength of the Rolex brand. Just as…
Rolex introduced new models: 36mm Explorer 12423 in Steel & Gold, retail price $10,800, a Steel model #124270, retailing for $6,450, and a new 42mm Explorer II #226570 with a new 3285 movement. There’s a new 36mm Date just #126200 with an olive green face with a 3235 movement, and in S&G #126233 with Jubilee…
The IWJG had a show in Miami this April. It was a slightly smaller show than the March show. Business was good with lots of trading going on. They are having another show in Miami in May on the 24th – 25th. Over all, business is good in spite of the short supply of watches.…
The demand for high-grade watches continues to be the strongest that I have ever experienced. Audemars Piguet Roal Oak models continue to command record prices with offshore models going out of sight. Stainless Patek Philippe Nautilus models are bringing record-high prices. This is also true for the Aquanaut models. Preowned Rolex Sport Watches continue to…
The market continues to be very hot. Ladies Rolex 26mm steel and gold are selling very well. At one point this was a very soft market. Rolex, Cartier, Audemars Piguet Royal Oak models and Patek Phillipe watches should continue to be very hot. The top-end market Richard Mille is very hot. Vintage Rolex watches continue…
The demand for Rolex watches continues to be strong. With simulus money in the pipeline, this quarter should be great for business. In my 40 years experience I have never seen a market like this. Cartier dealers are reporting excellent sales with many models on back order. Even with the strong market many pre owned…
