Is there really a slowdown in Rolex secondary market?

[Vince_76]

Originally Posted by CaptT

The barometer (for me, at least) is the buying behavior of the trusted sellers here and other “grey market” dealers: are they buying used watches (to resell) and if so at what price. And the answer to that is no, they’re not rapidly buying up watches in the way that they were ~2+ years ago, and the limited watches they are buying they’re not paying nearly the price they had in the past.

That’s not to say that trusted sellers and grey market don’t have a place in this ecosystem, or add value. It’s just a reality of demand - things have changed significantly and prices/velocity is down.

This is the true litmus test. And very clear when you do your diligence prices are on a downward trajectory (some with no real bottom realized)