Rolex Prices Drop as Cheaper Rivals Outperform: Subdial Index
- Entry-level priced watches perform better than Rolex, Patek
- Cartier and Omega indexes decline less than Rolex and Tudor
Prices for pre-owned Rolex watches kept falling on the secondary market last month while entry-level models and brands like Cartier and Omega fared comparatively better.
An index of Rolex timepieces declined by 2.2% in September, according to market prices tracked by the Bloomberg Subdial Watch Index. An index of 100 entry-level watches, typically priced below £7,500 ($9,120), fell by 0.8% over the same period.