Oyster Perpetual EXPLORER II
A Rolex model and several Patek Philippe Nautilus series led the Bloomberg Subdial Watch Index down over the past month.
The index, which tracks prices for the 50 most tradable watches based on their value on the secondary market, fell 1.4% over the past 30 days, according to data provided by Subdial, a platform for selling and trading used watches based in the United Kingdom.
The Rolex Explorer II, reference number 216570, was the biggest decliner, down 3.4% in a month with an average price of $9,875.
The blue dial Patek Nautilus 5711/1A-010 fell 2.9% over the same period to $102,333. The Patek Nautilus Travel Time 5990, which allows users to track a second time zone, lost 2.7%, with an average price of $130,882.
Pre-owned watch prices have fallen by about 26% in a year, according to the Bloomberg Subdial Index. Values increased during the pandemic in 2021 and 2022, especially for watches Patek, Rolex and Audemars Piguet.
The Rolex Datejust 16233a 36mm watch in two-tone gold and steel, was the best performer for the month, up 3.3%, with an average price of $6,396.
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