Rolex, Patek Used Watch Prices Fell to 3-Year Low in 2024

Rolex, Patek Used Watch Prices Fell to Three-Year Low in 2024
Prices for the most sought-after used watch models from top Swiss brands Rolex, Patek Philippe and Audemars Piguet fell again in 2024, hitting fresh three-year lows.
Explained: Why are Rolex watches becoming even more expensive in 2025?
Rolex has kicked off 2025 with significant price increases, particularly for its gold models, driven by a 27 per cent surge in gold prices last year. With some timepieces now costing up to 14 per cent more,
Rolex Raises Watch Prices in the US and UK for 2025
Another popular Rolex reference, the Daytona, went from $15,100 USD in 2024 to $15,500 USD for its steel and Oyster bracelet option — a noticeable increase of $400 USD (around 2.6%). A similar change is also reflected in the UK market, with the same reference now retailing at £13,600 GBP, which is 3% more than its £13,200 GBP price tag in 2024.
Second-Hand Watches: Patek, Rolex Prices Fell in 2024
And it wasn't just a few days ago that Rolex turned around and upped its prices. And we talk to you about this. And yet we've got the second hand market, the U.S. market falling. Can you kind of put these two stories together for me?
Buying a Rolex watch just got more expensive
The price of Rolex watches increased by up to 8% on January 1, as the price of gold continues to surge.
Rolex’s Gold Watches Just Got More Expensive
As the precious metal continues to rise in value, the Crown has adjusted the retail pricing of its gold timekeepers accordingly.
Rolex retail prices jump in 2025 as used prices continue to tumble
You could be paying more for a new Rolex watch at an authorized dealer in 2025 after used Rolex prices continued falling last ...
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Rolex watch prices are through the roof this year. Thank surging gold costs
Rolex watches, which aren’t known for their affordability, are getting even more expensive this year with the soaring price of gold to blame. Prices on some of the Swiss company’s gold watches ...