Per Bloomberg: Pre-owned Rolex, Patek Philippe and Audemars Piguet watches will drop further, analysts at Morgan Stanley said in a report.
Prices for the most popular pre-owned Rolex, Patek Philippe and Audemars Piguet watches will fall further
11/27/2022
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It is estimated they will drop by at least 21%. Patek Philippes are down 19% themselves.
Prices will probably keep falling due to a “dramatic” increase in supply, Morgan Stanley analysts including Edouard Aubin said in the report.
Read original article: https://www.bloomberg.com/news/articles/2022-10-14/rolex-prices-to-drop-further-as-supply-surges-morgan-stanley
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