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

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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.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the prices of luxury watches change from early 2022 to the present?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do higher interest rates play in the luxury watch market?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

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

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Which luxury watch brands have seen significant declines in value?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the performance of the Rolex Lady Datejust over the past 12 months?

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