Luxury Watch Prices: Rolex, Patek Philippe Models Fall

Luxury Watch Prices: Rolex, Patek Philippe Models Fall

Assessment

Interactive Video

Business, Arts

University

Hard

Created by

Quizizz Content

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The video discusses the decline in luxury watch prices, particularly for brands like Rolex and Patek Philly, as reported by the Bloomberg Subdial Watch Index. Despite expectations of stabilization, prices have continued to fall due to factors such as high interest rates, a slump in cryptocurrency values, and concerns about economic growth. While most high-demand watches have seen significant price drops, some models like the Rolex Lady Datejust have shown slight increases.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What has been the trend in the luxury watch market since early 2022?

Prices have fluctuated without a clear trend.

Prices have decreased significantly.

Prices have remained stable.

Prices have increased significantly.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which index tracks the most traded preowned luxury watches?

Rolex Market Index

Luxury Watch Value Index

Bloomberg Subdial Watch Index

Bloomberg Luxury Index

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the key factors contributing to the negative sentiment in the luxury watch market?

Decreased demand for digital watches

Improved economic growth

Higher interest rates and cryptocurrency slump

Increased production of watches

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following watch models has shown a slight increase in value?

Rolex Daytona

Patek Philippe Nautilus

Rolex Lady Datejust

Audemars Piguet Royal Oak

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the percentage drop in value for the Audemars Piguet Jumbo Ultra Thin over the past year?

20%

10%

30%

40%