Will the Rolex and Patek Philippe bubble ever pop? As of today's date (4/25/2019), Patek Philippe and Rolex stainless steel sports watches are selling in the secondary market for incomprehensible premiums. Are the prices of Rolex, Patek Philippe, and Audemars Piguet ever going to slow down?
On today's episode of the Trading Desk, Jason and Josh evaluate the secondary market prices we're seeing for certain models from Rolex, Patek Philippe, Audemars Piguet, and F.P. Journe. The prices were seeing are well above retail, and the issue of getting new models at retail from your AD is near impossible. The craziest part? We're talking stainless steel sports watches! Not precious metal, dress watches. Sports watches...
More specifically, they'll be analyzing the Rolex Daytona (116520), Patek Philippe Aquanaut (5167a), Patek Philippe Nautilus Chronograph (5980/1a-001), Patek Philippe Nautilus (5711/1a-010), Audemars Piguet Royal Oak (15400st), Omega Speedmaster Snoopy Moonwatch (3184.108.40.206.04.003), and the F.P. Journe Chronomètre Bleu.
Check out this podcast as a video: https://youtu.be/tT20PPqEsAI
Buy, Sell, and Trade luxury watches with Jason and Josh: www.thewatchbox.com
Shop Pre-Owned Rolex: https://www.thewatchbox.com/watches/rolex/