Rolex and Patek Philippe Watch Prices Stabilize Amid Market Highs

Prices for popular second-hand Rolex and Patek Philippe watches have remained stable for a second month, hinting at a possible recovery from a two-year decline. The Bloomberg Subdial Watch Index, reflecting these trends, saw a marginal decrease to $33,628. This data is sourced from Subdial, a London-based trading platform, and tracks prices for the 50 most traded luxury watches. The tenure of stagnant prices coincides with the surge in stock markets and the rebound of Bitcoin, indicating a potential positive shift in the market.