EveryWatch’s Post

The ROLEX Oyster Cosmograph Ref. 6263/0 and 6265/0 with the Oyster bracelet "78350," were sold for 1,600 Deutsche Mark (DM) (818 EUR), taxes included. This information is sourced from an official Rolex price list dating back to 1979, presenting both prices in DM exclusive of taxes paid by the authorized dealer ("Ihr Einkaufspreis ohne MWST") and the official retail prices, taxes included ("Unverbindliche Preisempfehlung in DM incl. MWST"). In its full 18-carat yellow gold iteration (Ref. 6265/8 + full 18-carat yellow gold Oyster bracelet "7205/8"), the Rolex Oyster Cosmograph was priced at 8,625 DM (4,410 EUR). The authorized dealer acquired the watch for 4,620 DM (2,362 EUR). Given the historical context, these prices highlight how much Rolex watches have appreciated over time. With inflation and a growing trend of investing in luxury items, vintage Rolexes are now highly sought-after by collectors and investors. This increase in value isn't just about the quality of Rolex craftsmanship or its prestigious brand name; it's also about how people are increasingly turning to tangible assets, like watches, as a way to store and grow their wealth. 🇨🇭Let us know your thoughts on the sustainability of prices in the luxury watch industry below. #Rolex #watchadvisor #wherewatchesarethestars #watchreviews #watchcollector #watchindustry #luxurywatch #innovation #watchmaking #watch #watchesandwonders #inflation

Despite a sluggish pre-owned market, recent auctions in Geneva defied expectations, with over $100 million in sales. Phillips, Sotheby’s, and Christie’s set multiple world records for watch brands like ROLEX, Patek Philippe, and F.P.Journe - Invenit et Fecit . The success of these auctions highlights a shift toward rare, museum-quality pieces over more mainstream options. According to Aurel Bacs, Phillips’ Worldwide Watch Boss, "In good times or tough times, no matter the industry, the best will always fly." With the market favoring exclusivity, what does this mean for the future of luxury watch auctions? Will rare, independent pieces continue to thrive while mainstream models stagnate? #robbreport #luxury #watches #timepiece #horology

What's selling well? Rolex watches. Our latest article charts the rise of the Rolex name to one synonymous with wealth and luxury. There are some tips on what to look out for when buying a Rolex at auction, too > https://loom.ly/zlOARCA

Take a look at the latest results from Christie's Watches Online: The New York Edit Auction, held from May 30, 2024, to June 14, 2024. The auction featured 127 watch lots, achieving total sales of USD 2.06 million with an impressive sold rate of 92.91%. Leading the auction were two extremely attractive ROLEX Daytona watches, both featuring automatic movements, chronograph functions, and 40 mm cases. The Rolex Daytona, reference 116509, a unique white gold 'Daytona' with a turquoise dial, sold for USD 189K, beating its estimate by 26%. Meanwhile, the Rolex Daytona, reference 16528, a unique yellow gold 'Daytona' with a red dial, sold for USD 107.1K. Swipe left to see more from this auction. *These insights and reports are solely dedicated to timepieces and exclude other items like clocks. https://lnkd.in/depxsUtU For detailed analysis and insights, visit EveryWatch.com #EveryWatch #Auction #Sothebys #Watches #LuxuryWatches #WatchCollectors #AuctionResults #horology #finewatches #watchcollector #Rolex #MarketInsights

Investing in a Rolex isn't merely a purchase; it's a strategic move. Rolex watches are renowned for their investment value, with specific models appreciating in worth over time. The craftsmanship, limited production, and enduring demand contribute to their allure, making them a solid financial asset. Unlike fleeting trends, a Rolex stands the test of time, retaining its value and allure for future generations. When considering how much Rolex watches cost, you must recognise the worth of what you're getting. While prices vary depending on the model and specifications, they reflect not only the materials and craftsmanship but also the brand's unrivalled reputation. Entry-level models like the Oyster Perpetual start at around £5,000 to £7,000, while iconic pieces like the Daytona or Submariner can fetch prices ranging from £10,000 to well over £100,000 for special editions or vintage pieces.

 The Bloomberg Subdial Watch Index tracks prices for the 50 most traded luxury watches on the secondary market by transaction value. The data is provided by Subdial, a pre-owned watch dealer and trading platform based in London. Some of the constituents of this index are 1. Rolex Submariner Date 2. Patek Philippe Nautilus Blue 3. Audemars Piguet Royal Oak Jumbo 4. Rolex Oyster Perpetual 41 Source- Bloomberg, Subdial Watches

Take a look at the results from Christie's Important Watches Auction in New York, held on June 10, 2024. This auction showcased 115 exceptional watch lots, achieving total sales of USD 13.04 million with an outstanding 100% sell-through rate, emphasizing the incredible success of the event. The auction was led by two Richard Mille 42mm limited edition watches, both featuring manual movements. The Richard Mille RM56-02 AO, an extraordinary limited edition transparent sapphire crystal skeletonized tourbillon wristwatch with a titanium cable-suspended movement and a cable tension indicator, sold for an impressive USD 3.01 million, making it the most expensive Richard Mille sold this year so far. This watch is limited to just 10 examples. Another significant sale was the Richard Mille RM 52-01, an extremely rare lightweight white quartz carbon skeletonized tourbillon wristwatch with a diamond-set skull. Limited to 10 examples, it sold for USD 1.26 million, surpassing its estimated sale price by 44%. Swipe left to see more from this auction. https://lnkd.in/gSajnkny *These insights and reports are solely dedicated to timepieces and exclude other items like clocks. For detailed analysis and insights, visit EveryWatch.com #EveryWatch #Auction #Christies #Watches #LuxuryWatches #WatchCollectors #AuctionResults #horology #finewatches #hautehorlogerie #watchcollector #RichardMille

In today’s market, finding authentic timepieces from luxury brands like Rolex, Hublot, and Patek Philippe is becoming increasingly challenging. 😬 Due to limited production, the grey market is flooded with replicas so precise they almost pass as real—almost. From the dial to the movement inside, these replicas mimic the real deal, but they’re not authentic. ❌ At Prestige Valuations, we offer a trusted authentication service for all new watch purchases. 🧐 Whether you're a watch trader or a passionate collector, our expert team will thoroughly inspect your timepiece, ensuring every detail is accurate. If it’s authentic, we’ll provide a certificate that includes the watch's serial number, confirming its legitimacy. 📝 Boost your confidence, and your clients’ trust, by guaranteeing the authenticity of your luxury timepieces. #luxurywatches #authenticationservice #trust #authenticitymatters #watchtraders #PrestigeValuations

Rolex watches are getting more expensive because gold prices have soared to record highs. Rolex SA raised prices for some of its precious metal watches in the UK by 4% after the price of gold surged to record highs. Read More: https://lnkd.in/geqgCw-J #LuxuryConnect #LuxuryCruxx

Check out this week’s EveryWatch Index, featuring the Cartier Crash. With a median selling price at auction of US$190,890, the watch fetched US$186,340 in the latest sale on June 19, 2024. Meanwhile, in the market, the median asking price stands at US$255,000, suggesting that auction sales provide better deals for this watch. Stay updated with the latest watch trends and insights by subscribing to EveryWatch.com. https://lnkd.in/gg_dG-7w #EveryWatchIndex #EveryWatch #WatchMarketInsights #MarketKnowledge #LuxuryWatches #WatchCollectors #watchlover #index #cartier