The used luxury watch market has shown a “boom” in the past few years, especially since the pandemic, the hunts of collectors have increased to record levels. In particular, 1:1 luxury Rolex replica watches is the brand that is most interested in. According to a study by online retailer Bob’s Watches earlier this year, Rolex is even more reliable investment than real estate, gold or stocks.
However, as the saying goes, what goes up must come down, over the past few months, inflation and recession concerns have severely affected the valuation of investment properties. The world of watches is no exception, perfect Rolex fake watches are seeing a decline in value. According to an exclusive report by WatchPro, the prices of some Rolex watches have dropped by up to 50%.
Traditionally, the value of discontinued luxury watches, especially cheap US replica Rolex watches, has always increased significantly. Speculators often bet on rumored patterns that will not continue to sell out in the hope of making large profits in a short period of time. However, Switzerland-based secondary market specialist Cronext says that some speculators could suffer losses this year.
An example that can be given is the case of the Swiss made replica Rolex Oyster Perpetual watches coming in 2020 with many sizes and dials. According to some references, in 2021, the watch will be sold for 8 times the retail price because of rumors that the company will no longer produce. According to Chronext data, the 41mm blue Oyster Perpetual retails for around $5,800 but traded on the secondary market for around $33,000 in early 2022 and has even skyrocketed to nearly $49,000 by the end of the year. March, within the framework of the Watch and Wonders exhibition.
Since that time, however, the value of the aforementioned Rolex models has dropped by 21%. Even, the 36mm top Rolex Oyster Perpetual copy watches with a pale pink dial lost 53% of its value, from a peak of about $36,600 in March to $16,200 in June.
Other speculations about the Rolex Sea-Dweller replica watches wholesale being scrapped also led to a slight increase in the price of the watch from $20,300 to $21,800 in the first quarter but then also dropping to $18,800.
The AAA China Rolex Air-King super clone watches has depreciated in value on the secondary market from a peak of $16,000 in 2021 to $12,500 today.