Second-Hand Watches: Patek, Rolex Prices Fell in 2024

Second-Hand Watches: Patek, Rolex Prices Fell in 2024

Assessment

Interactive Video

Business, Arts

University

Hard

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Quizizz Content

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The video discusses the contrasting trends in the luxury watch market, focusing on Rolex's price increases and the decline in secondary market prices. It highlights the primary and secondary market valuations and explores geographical insights, noting the US, UK, Japan, Italy, and China as key players. The video emphasizes the interconnectedness of these markets and the factors influencing demand and pricing.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What trends were observed in the luxury watch market in 2022?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the impact of supply on the secondary market for luxury watches.

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