Rolex, Patek Used Watch Prices Fell to Three-Year Low in 2024

  • Bloomberg Subdial Index fell 6% in 2024, mining 3-year lows
  • Cartier had best-performing individual watch brand index
WATCH: Prices for the most sought-after used Patek Philippe models fell again in 2024. Andy Hoffman reports.Source: Bloomberg

Prices for the most sought-after used watch models from top Swiss brands Rolex, Patek Philippe and Audemars Piguet fell again in 2024, hitting fresh three-year lows.

The Bloomberg Subdial Watch Index, which tracks prices for the 50 most traded models by transaction value, declined nearly 6% last year to its lowest since 2021.